NOT LISTED FOR SALE

57 Herschel St Unit 59 Lynn, MA 01902

Eastern Avenue Neighborhood

Estimated Value: $786,761 - $883,000

4 Beds
2 Baths
2,342 Sq Ft
$366/Sq Ft Est. Value

Last Sold September 24, 2021

Last sale price $725,000 $310 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $5,183/month

About This Home

As of September 2021

Back On Market due to buyer financing. Welcome to 57-59 Herschel St. This 2,342 sq ft TWO Family Home is located off Eastern Ave., along the Swampscott line. Beautifully situated on a 4,780 sq ft level lot, this property has been in family & lovingly maintained. Each unit has over 1,100 sq ft of living space, w/ 2 bedrooms, full bathrooms, living room, dining room, eat-in kitchen, built-ins, hardwood throughout, front & rear porches / decks, separate front entries, rear entry, private entry to lower level, large oversized 2 car garage & more. First level unit has in unit laundry. Gas in property, 100 amp separate electric service for each unit, 1 heating system, irrigation system & private rear yard for outdoor space. Both units are vacant. Wonderful yard and outdoor space; off street parking for 4 plus vehicles; walking distance to Swampscott commuter rail, major bus lines, area beaches & more. Not to be missed!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2021
Closed on
Sep 24, 2021
Sold by
Garofalo Richard R
Bought by
Gordon Nickolas
Seller's Agent
Katie DiVirgilio
RE/MAX 360
Buyer's Agent
Connie Irving
Coldwell Banker Realty - Marblehead
List Price
$700,000
Sold Price
$725,000
Premium/Discount to List
$25,000
3.57%
Current Estimated Value
$856,440

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,440
Avg. Annual Appreciation
4.22%
Original Mortgage
$513,750
Outstanding Balance
$473,546
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$382,565

Purchase Details

Closed on
Nov 26, 1986
Bought by
Garofalo Richard R
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Gordon Nickolas $725,000 None Available
Garofalo Richard R $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gordon Nickolas $513,750
Closed Gordon Nickolas $513,750
Previous Owner Garofalo Richard R $100,000
Previous Owner Garofalo Richard R $50,000
Previous Owner Garofalo Richard R $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2021 09/24/21 Sold $725,000 +3.6% $310 / Sq Ft
08/12/2021 08/12/21 Pending -- -- --
07/07/2021 07/07/21 For Sale $700,000 -- $299 / Sq Ft

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 $7,700 $743,242 $203,900 $539,342
2024 $7,283 $691,600 $191,700 $499,900
2023 $7,298 $654,500 $189,100 $465,400
2022 $7,270 $584,900 $152,200 $432,700
2021 $6,713 $515,200 $128,700 $386,500
2020 $6,303 $470,400 $125,600 $344,800
2019 $6,118 $427,800 $117,400 $310,400
2018 $5,902 $389,600 $126,500 $263,100
2017 $5,487 $351,700 $104,300 $247,400
2016 $5,247 $324,300 $104,800 $219,500
2015 $5,035 $300,600 $104,800 $195,800
Source: Public Records

Agents Affiliated with this Home

  • Katie DiVirgilio

    Seller's Agent in 2021

    Katie DiVirgilio

    RE/MAX

    (617) 285-9847

    12 in this area

    294 Total Sales

    Katie DiVirgilio
    Section Image

  • C

    Buyer's Agent in 2021

    Connie Irving

    Coldwell Banker Realty - Marblehead

    (978) 380-0343

    1 in this area

    11 Total Sales

    Connie Irving
    Section Image
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Map

Massachusetts Essex County Lynn 01902 Eastern Avenue

57 Herschel St Unit 59, Lynn, MA

This home is located at 57 Herschel St Unit 59, Lynn, MA 01902 and is currently estimated at $856,440, approximately $365 per square foot. 57 Herschel St Unit 59 is a home located in Essex County with nearby schools including Aborn Elementary School, William R. Fallon School, and Marshall Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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