NOT LISTED FOR SALE

54 Archer St Lynn, MA 01902

Eastern Avenue Neighborhood

Estimated Value: $849,115 - $1,028,000

5 Beds
2 Baths
2,496 Sq Ft
$363/Sq Ft Est. Value

Last Sold August 01, 2022

Last sale price $750,000 $300 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $5,406/month

4 Days on Market

Highlights

  • Golf Course Community
  • Property is near public transit and schools
  • Jogging Path
  • Deck
  • Wood Flooring
  • Porch

About This Home

As of August 2022

Welcome to 54 Archer St! A fantastic opportunity awaits you in this immaculate, spacious 2-family home located in a highly desirable Lynn/Swampscott line. Meticulous is the perfect word to describe this well-maintained property that has the most important updates already completed. Truly move-in ready for new buyers! Newer windows, a 7-year-old roof, and newer systems. Each unit offers character and charm boasting updated baths, beautiful hardwood flooring, well-applianced kitchens with laundry, sun-filled spacious rooms, french doors, natural woodwork, high ceilings, sunroom/den/office, a porch, separate entry, separate utilities, and huge closets. The landscaped lot is fenced, with an oversized garage & ample off-street parking in a paved driveway.

Last Agent to Sell the Property

Edwin Romero

eXp Realty Listed on: 06/01/2022

eXp Realty

Last Buyer's Agent

Briana Moreno

eXp Realty

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,033

Year Built

  • Built in 1926 | Remodeled

Lot Details

  • 5,022

Parking

  • 2 Car Garage
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,496 Sq Ft Home
  • Property has 1 Level
  • Wood Flooring

Kitchen

  • Microwave
  • Freezer
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Home Security

  • Home Security System
  • Intercom

Outdoor Features

  • Bulkhead
  • Deck
  • Porch

Schools

  • Aborn Elementary School
  • Marshall Middle School
  • English High School

Utilities

  • Cooling Available
  • 2 Heating Zones
  • Heating Available
  • Gas Water Heater

Additional Features

  • 5,022 Sq Ft Lot
  • Property is near public transit and schools

Listing and Financial Details

  • Rent includes unit 1(water), unit 2(water)
  • Assessor Parcel Number 1997519

Community Details

Recreation

  • Golf Course Community
  • Park
  • Jogging Path

Additional Features

  • 2 Units
  • Shops

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,033

Year Built

Built in 1926 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Property Condition: Unit 1 Remodeled
  • Year Built: 1926
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood, Unit 1(undefined), Unit 2(Wood Flooring)
  • Interior Amenities: Unit 1(Ceiling Fans,Crown Molding,Upgraded Cabinets,Upgraded Countertops,Walk-In Closet), Unit 2(Ceiling Fans,Crown Molding,Walk-In Closet), Unit 1 Rooms(Living Room,Dining Room,Kitchen,Office/Den,Sunroom), Unit 2 Rooms(Living Room,Dining Room,Kitchen,Office/Den,Sunroom)
  • Fireplace YN: No
  • Appliances: Unit 1(Dishwasher,Disposal,Microwave,Refrigerator,Washer,Dryer), Unit 2(Dishwasher,Microwave,Refrigerator,Freezer,Washer,Dryer), Gas Water Heater
  • Total Bedrooms: 5
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Laundry Features: Unit 1 Laundry Room, Unit 2 Laundry Room
  • Basement: Full, Bulkhead, Concrete, Unfinished
  • Living Area: 2496
  • Other Equipment: Unit 2 Intercom
  • Stories Total: 3
  • MAIN LO: AC0342
  • MAIN SO: K95491

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Patio And Porch Features: Porch, Deck
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront Features: Beach Front, Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Cooling: Unit 1(Window AC), Unit 2(Window AC)
  • Heating: Unit 1(Gas), Unit 2(Gas)
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Security Features: Unit 2 Security System
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 2

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Public School, T-Station
  • Rent Includes: Unit 1(Water), Unit 2(Water)

Lot Info

  • Parcel Number: 1997519
  • Zoning: R1
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.12
  • Lot Size Sq Ft: 5022
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 8033

Multi Family

  • Number Of Units Total: 2
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: N
  • LEASE 1: N

MLS Schools

  • High School: English High
  • Elementary School: Aborn
  • Middle Or Junior School: Marshall

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2016
Closed on
Jan 24, 2017
Sold by
Murray William F and Murray Cherylee J
Bought by
Selmo Carolisa
Seller's Agent
M. J. Taglieri
Options Real Estate Services, LLC
Buyer's Agent
Shannon Toner
Toner Real Estate, LLC
List Price
$439,900
Sold Price
$450,000
Premium/Discount to List
$10,100
2.3%
Current Estimated Value
$905,529

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$455,529
Avg. Annual Appreciation
8.09%
Original Mortgage
$450,000
Outstanding Balance
$370,041
Interest Rate
4.13%
Mortgage Type
New Conventional
Estimated Equity
$535,488
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Selmo Carolisa $450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Selmo Carolisa $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/01/2022 08/01/22 Sold $750,000 -6.2% $300 / Sq Ft
06/06/2022 06/06/22 Pending -- -- --
06/01/2022 06/01/22 For Sale $799,900 +77.8% $320 / Sq Ft
01/24/2017 01/24/17 Sold $450,000 +2.3% $180 / Sq Ft View Prior Sale
10/31/2016 10/31/16 Pending -- -- --
10/27/2016 10/27/16 For Sale $439,900 0.0% $176 / Sq Ft
10/25/2016 10/25/16 Pending -- -- --
10/20/2016 10/20/16 For Sale $439,900 -- $176 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,614 $831,448 $205,300 $626,148
2024 $8,108 $770,000 $193,100 $576,900
2023 $8,055 $722,400 $190,400 $532,000
2022 $8,034 $646,300 $153,200 $493,100
2021 $7,411 $568,800 $129,600 $439,200
2020 $6,929 $517,100 $126,500 $390,600
2019 $6,702 $468,700 $118,200 $350,500
2018 $6,137 $405,100 $127,400 $277,700
2017 $5,703 $365,600 $105,100 $260,500
2016 $5,427 $335,400 $105,500 $229,900
2015 $5,182 $309,400 $105,500 $203,900
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2022

    Edwin Romero

    eXp Realty

    (857) 236-5044

    2 in this area

    39 Total Sales

    Edwin Romero
    Section Image

  • B

    Buyer's Agent in 2022

    Briana Moreno

    eXp Realty

    (857) 298-8151

    1 in this area

    33 Total Sales

    Briana Moreno
    Section Image
  • M. J. Taglieri

    Seller's Agent in 2017

    M. J. Taglieri

    Options Real Estate Services, LLC

    (978) 979-0845

    67 Total Sales

    M. J. Taglieri
    Section Image

  • S

    Buyer's Agent in 2017

    Shannon Toner

    Toner Real Estate, LLC

See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72989654

MLS Property Information Network (MLS PIN)

APN: LYNN-000105-000420-000029

Massachusetts Essex County Lynn 01902 Eastern Avenue

54 Archer St, Lynn, MA

Not Listed for Sale

MultiFamily

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