NOT LISTED FOR SALE

55 Mountain Ave Lynn, MA 01902

Eastern Avenue Neighborhood

Estimated Value: $944,000 - $980,000

6 Beds
4 Baths
2,832 Sq Ft
$339/Sq Ft Est. Value

Last Sold February 11, 2013

Last sale price $325,000 $115 Per Sq Ft

Est. 195% increase in value since last sale

Current estimated payment $6,214/month

183 Days on Market

About This Home

As of February 2013

Excellent 3 family partially in Swampscott with original details and several updates nestled on a quite side street near the ocean and commuter rail right on the Lynn/Swampscott line. Three large units offer 2 bedrooms, updated kitchens, in unit laundry, separate utilities and more. Two driveways, garage and yard make this a wonderful investment or fabulous owner occupied opportunity!

Last Listed By

Zoe Karademos

Coldwell Banker Realty - Beverly Listed on: 07/13/2012

Coldwell Banker Realty - Beverly

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,077

Year Built

1880

Lot Details

0

Listing Details

  • Lot Description: Corner, Wooded, Paved Drive, Easements
  • Other Agent: 1.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1880

Interior Features

  • Fireplaces: 1
  • Has Basement: Yes
  • Fireplaces: 1
  • Number of Rooms: 14
  • Electric: Circuit Breakers, Individually Metered, Knob & Tube Wiring
  • Flooring: Wall to Wall Carpet, Hardwood

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame, Stone/Concrete
  • Exterior: Shingles, Wood
  • Exterior Features: Porch, Deck, Sprinkler System, Stone Wall
  • Foundation: Fieldstone

Garage/Parking

  • Garage Spaces: 1
  • Parking: Off-Street
  • Parking Spaces: 6

Utilities

  • Hot Water: Natural Gas, Tank

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2012
Closed on
Feb 11, 2013
Sold by
Mountain Acres Rt
Bought by
Cabana-Pelaez Nadia A
Seller's Agent
Zoe Karademos
Coldwell Banker Realty - Beverly
Buyer's Agent
Maria Silveira
Century 21 North East
List Price
$319,000
Sold Price
$325,000
Premium/Discount to List
$6,000
1.88%
Total Days on Market
183
Current Estimated Value
$960,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$635,000
Avg. Annual Appreciation
8.95%
Original Mortgage
$336,315
Outstanding Balance
$240,497
Interest Rate
3.38%
Mortgage Type
New Conventional
Estimated Equity
$691,170

Range of Values:

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Average Value
Not Available
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
Cabana-Pelaez Nadia A $325,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cabana-Pelaez Nadia A $56,151
Open Mountain Acres Rt $336,315
Previous Owner Mountain Acres Rt $75,000
Previous Owner Mountain Acres Rt $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2013 02/11/13 Sold $325,000 +1.9% $115 / Sq Ft
01/12/2013 01/12/13 Pending -- -- --
07/13/2012 07/13/12 For Sale $319,000 -- $113 / 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 $10,077 $972,700 $221,600 $751,100
2024 $10,013 $950,900 $208,300 $742,600
2023 $9,714 $871,200 $205,500 $665,700
2022 $9,493 $763,700 $165,300 $598,400
2021 $8,950 $686,900 $139,800 $547,100
2020 $8,596 $641,500 $136,500 $505,000
2019 $8,396 $587,100 $127,500 $459,600
2018 $8,049 $531,300 $137,500 $393,800
2017 $7,588 $486,400 $113,400 $373,000
2016 $7,270 $449,300 $113,800 $335,500
2015 $6,760 $403,600 $113,800 $289,800
Source: Public Records

Agents Affiliated with this Home

  • Zoe Karademos

    Seller's Agent in 2013

    Zoe Karademos

    Coldwell Banker Realty - Beverly

    (781) 405-7122

    73 Total Sales

    Zoe Karademos
    Section Image
  • Maria Silveira

    Buyer's Agent in 2013

    Maria Silveira

    Century 21 North East

    (781) 241-3228

    73 Total Sales

    Maria Silveira
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71409011

MLS Property Information Network (MLS PIN)

APN: LYNN-000104-000429-000060

Massachusetts Essex County Lynn 01902 Eastern Avenue

55 Mountain Ave, Lynn, MA

Homes for Sale in Lynn, MA

This home is located at 55 Mountain Ave, Lynn, MA 01902 since 13 July 2012 and is currently estimated at $960,000, approximately $338 per square foot. This property was built in 1880. 55 Mountain Ave is a home located in Essex County with nearby schools including Ingalls Elementary School, William R. Fallon School, and Marshall Middle School.

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