NOT LISTED FOR SALE

57 Herschel St Unit 59 Lynn, MA 01902

Eastern Avenue Neighborhood

Estimated Value: $736,243 - $907,000

4 Beds
2 Baths
2,342 Sq Ft
$363/Sq Ft Est. Value

Last Sold September 24, 2021

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

Est. 17% increase in value since last sale

Current estimated payment $5,097/month

35 Days on Market

Highlights

  • Deck
  • Tandem Parking
  • Level Lot
  • Wood Flooring
  • 2 Car Garage

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!

Last Agent to Sell the Property

Katie DiVirgilio

RE/MAX 360 Listed on: 07/07/2021

RE/MAX 360

Last Buyer's Agent

Connie Irving

Coldwell Banker Realty - Marblehead

Coldwell Banker Realty - Marblehead

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,904

Year Built

  • Built in 1925

Lot Details

  • 4,792 Sq Ft Lot
  • Level Lot

Parking

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

Home Design

  • Stone Foundation
  • Frame Construction

Interior Spaces

  • 2,342 Sq Ft Home
  • Property has 1 Level
  • Wood Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Aborn Elementary School
  • Marshal Middle School
  • English High School

Additional Features

  • Deck
  • 1 Heating Zone

Community Details

  • 2 Units
  • Net Operating Income $19,200

Listing and Financial Details

  • Total Actual Rent $1,650
  • Assessor Parcel Number 1997556

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,904

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1925
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Hardwood
  • Fireplace YN: No
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Living Area: 2342
  • Stories Total: 3
  • MAIN LO: AN4305
  • MAIN SO: AN6181

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Patio And Porch Features: Deck
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • 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, Tandem
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • SEWAGE DISTRICT: LWS
  • HEAT UNITS: 1
  • HEAT ZONES: 1

Lot Info

  • Parcel Number: 1997556
  • Zoning: R1
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 4791.6
  • Lot Size Units: Acres
  • LOT SIZE: 4780

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 6904

Multi Family

  • Net Operating Income: 19200
  • Number Of Units Total: 2
  • Total Actual Rent: 1650
  • LEVELS 1: 1
  • LEASE 2: N
  • LEASE 1: N

MLS Schools

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

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
$849,561

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,561
Avg. Annual Appreciation
3.84%
Original Mortgage
$513,750
Outstanding Balance
$466,454
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$383,107

Purchase Details

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

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
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 List to Sale Price per Sq Ft
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
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 $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

    10 in this area

    263 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
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72861159

MLS Property Information Network (MLS PIN)

APN: LYNN-000105-000421-000018

Massachusetts Essex County Lynn 01902 Eastern Avenue

57 Herschel St Unit 59, Lynn, MA

Not Listed for Sale

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.

MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

Nearby Homes