M
Seller's Agent in 2025
Maria Babakhanova
Redfin Corp.
548 Eastern Ave Lynn, MA 01902
Chatham Street Neighborhood
4
Beds
2
Baths
1,972
Sq Ft
5,114
Sq Ft Lot
Highlights
- Medical Services
- Wood Flooring
- Solid Surface Countertops
- Property is near public transit
- Attic
- Jogging Path
About This Home
As of May 2025HOT DEAL! Situated in the heart of a thriving neighborhood of East Lynn in a close proximity to Salem and Swampscott, this property offers an excellent opportunity for investors or those looking to offset their mortgage expenses with rental rates ranging from $2,000/monthly to $2,600/monthly per unit. Every unit includes a kitchen, dining area, family room, flex rooms, storage, bath and bedrooms. Outdoor features a fenced in expansive yard, two car garage and ample amount of off street parking. The house is serviced by public water/sewer, natural gas for cooking and oil for heating. This convenient location provides easy access to major highways and public transportation, making it an ideal spot for those who wish to enjoy a peaceful coastal setting while remaining connected to the hustle and bustle of city life. Enjoy nearby amenities at the stretch of your hand: MBTA/buses/schools/restaurants/grocery/cafes/bakeries/parks/ponds/trails and more. Vacant & Ready! OH Today, Sat & Sun
Last Agent to Sell the Property
Maria Babakhanova
Redfin Corp. Listed on: 04/11/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,557
Year Built
- Built in 1910
Lot Details
- 5,114 Sq Ft Lot
- Fenced
- Level Lot
- Garden
Parking
- 2 Car Garage
- Driveway
- Open Parking
- Off-Street Parking
- Deeded Parking
Home Design
- Duplex
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 1,972 Sq Ft Home
- Property has 1 Level
- Ceiling Fan
- Insulated Windows
- Living Room
- Dining Room
- Solid Surface Countertops
- Attic
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Block Basement Construction
Outdoor Features
- Bulkhead
- Rain Gutters
- Porch
Location
- Property is near public transit
Schools
- Hood Elementary School
- Marshall Middle School
- English High School
Utilities
- Forced Air Heating System
- 2 Heating Zones
- Heating System Uses Steam
- 100 Amp Service
Listing and Financial Details
- Total Actual Rent $4,550
- Assessor Parcel Number M:097 B:454 L:005,1998318
Community Details
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Park
- Jogging Path
Additional Features
- 2 Units
- Net Operating Income $54,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 11, 2025
Closed on
May 27, 2025
Sold by
Petrova Meglena
Bought by
Portillo Raul O and Gutierrez Jose F
Seller's Agent
Maria Babakhanova
Redfin Corp.
Buyer's Agent
Jenny Lima
Coldwell Banker Realty - Marblehead
List Price
$714,900
Sold Price
$770,000
Premium/Discount to List
$55,100
7.71%
Views
24
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$27,591
Avg. Annual Appreciation
-6.65%
Original Mortgage
$731,500
Outstanding Balance
$728,234
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$14,175
Purchase Details
Listed on
Oct 9, 2019
Closed on
Dec 10, 2019
Sold by
Nancy I Wood Ret and Wood
Bought by
Petrova Meglena
Seller's Agent
Peter Carter
Danvers Real Estate
Buyer's Agent
Maria Babakhanova
Redfin Corp.
List Price
$474,651
Sold Price
$489,650
Premium/Discount to List
$14,999
3.16%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.63%
Original Mortgage
$473,207
Interest Rate
3.75%
Mortgage Type
FHA
Purchase Details
Closed on
Oct 31, 2018
Sold by
Wood Nancy I
Bought by
Nancy I Wood Ret and Narcisse
Purchase Details
Closed on
Jul 8, 2004
Sold by
Wood George C
Bought by
Wood George C
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $770,000 | None Available | |
| Quit Claim Deed | $770,000 | None Available | |
| Quit Claim Deed | $770,000 | None Available | |
| Quit Claim Deed | $489,650 | None Available | |
| Quit Claim Deed | $489,650 | None Available | |
| Quit Claim Deed | $489,650 | None Available | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $731,500 | Purchase Money Mortgage | |
| Closed | $731,500 | Purchase Money Mortgage | |
| Previous Owner | $473,207 | FHA |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/27/2025 05/27/25 | Sold | $770,000 | +7.7% | $390 / Sq Ft | |
| 04/15/2025 04/15/25 | Pending | -- | -- | -- | |
| 04/11/2025 04/11/25 | For Sale | $714,900 | +46.0% | $363 / Sq Ft | |
| 12/10/2019 12/10/19 | Sold | $489,650 | +3.2% | $245 / Sq Ft | View Prior Sale |
| 10/15/2019 10/15/19 | Pending | -- | -- | -- | |
| 10/09/2019 10/09/19 | For Sale | $474,651 | -- | $237 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $6,557 | $632,933 | $202,300 | $430,633 |
| 2024 | $6,214 | $590,100 | $192,700 | $397,400 |
| 2023 | $6,221 | $557,900 | $187,800 | $370,100 |
| 2022 | $6,226 | $500,900 | $156,700 | $344,200 |
| 2021 | $5,768 | $442,700 | $135,200 | $307,500 |
| 2020 | $5,411 | $403,800 | $127,700 | $276,100 |
| 2019 | $5,267 | $368,300 | $119,400 | $248,900 |
| 2018 | $5,001 | $330,100 | $116,300 | $213,800 |
| 2017 | $4,766 | $305,500 | $102,700 | $202,800 |
| 2016 | $4,394 | $271,600 | $90,900 | $180,700 |
| 2015 | $4,092 | $244,300 | $82,500 | $161,800 |
Source: Public Records
Agents Affiliated with this Home
-
Maria Babakhanova
-
Jenny Lima
J
Buyer's Agent in 2025
Jenny Lima
Coldwell Banker Realty - Marblehead
(781) 631-9511
2 in this area
23 Total Sales
-
P
Seller's Agent in 2019
Peter Carter
Danvers Real Estate
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73358528
APN: LYNN-000097-000454-000005
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