NOT LISTED FOR SALE

Estimated Value: $410,625 - $432,000

8 Beds
3 Baths
3,194 Sq Ft
$133/Sq Ft Est. Value

Last Sold June 27, 2024

Last sale price $385,000 $121 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,651/month

9 Days on Market

Highlights

  • Home Office
  • Living Room
  • Dining Room

About This Home

As of June 2024

Fantastic oversized 3-family home with great bone in need of a little TLC to bring it back to its natural glory. With rent on the rise and travel nurses seeking accommodations, this is a great investment. This home is perfect for owner-occupied looking to live rent free while the other 2 units pay the mortgage or for investors looking for a summer project. Possible condo conversion. Phenomenal living space with potential rental income. First showing to take place at the open house scheduled for Sunday April 14th from 1:30-3pm.

Last Agent to Sell the Property

Nadia Laplante

New ERA Real Estate Holdings, Inc. Listed on: 04/12/2024

New ERA Real Estate Holdings, Inc.

Last Buyer's Agent

Eugene Diaz

Coldwell Banker Realty - Lynnfield

Coldwell Banker Realty - Lynnfield

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,752

Year Built

  • Built in 1909

Lot Details

  • 5,001 Sq Ft Lot

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 3,194 Sq Ft Home
  • Living Room
  • Dining Room
  • Home Office
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Parking

  • 3 Car Parking Spaces
  • Driveway
  • Open Parking

Community Details

  • 3 Units
  • Property has 1 Level

Listing and Financial Details

  • Assessor Parcel Number S:06710 P:0011,2588758

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,752

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1909
  • Buyer Agency: 2%
  • Buyer Agency Type: %
  • Transaction Broker: 2%
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Interior Amenities: Living Room, Dining Room, Kitchen, Office/Den
  • Fireplace YN: No
  • Total Bedrooms: 8
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Walk-Out Access
  • Living Area: 3194
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: AN0597
  • LIST PRICE PER Sq Ft: 117.41
  • PRICE PER Sq Ft: 120.54
  • MAIN SO: M59500

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Parcel Number: S:06710 P:0011,2588758
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Sq Ft: 5001
  • Lot Size Units: Acres
  • PAGE: 32
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4752
  • Tax Book Number: 14721

Multi Family

  • Number Of Units Total: 3
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 24, 2004
Sold by
Paulino Cornelio
Bought by
Dikilus Hermite
Current Estimated Value
$424,906

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 25, 2000
Sold by
Marchese Richard A
Bought by
Paulino Cornelio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,750
Interest Rate
8.1%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Dikilus Hermite $170,000 --
Dikilus Hermite $170,000 --
Paulino Cornelio $89,000 --
Paulino Cornelio $89,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dikilus Hermite $136,000
Closed Dikilus Hermite $34,000
Closed Paulino Cornelio $136,000
Previous Owner Paulino Cornelio $99,400
Previous Owner Paulino Cornelio $66,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2024 06/27/24 Sold $385,000 +2.7% $121 / Sq Ft
04/22/2024 04/22/24 Pending -- -- --
04/12/2024 04/12/24 For Sale $375,000 -- $117 / 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 $4,880 $311,200 $36,800 $274,400
2024 $4,812 $299,600 $36,800 $262,800
2023 $4,752 $278,700 $35,100 $243,600
2022 $4,598 $244,300 $35,100 $209,200
2021 $4,201 $222,300 $31,900 $190,400
2020 $4,129 $211,400 $31,900 $179,500
2019 $3,863 $196,300 $31,900 $164,400
2018 $3,802 $193,200 $31,900 $161,300
2017 $3,745 $190,500 $31,900 $158,600
2016 $3,602 $183,200 $31,900 $151,300
2015 $3,432 $174,500 $31,900 $142,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73223475

MLS Property Information Network (MLS PIN)

APN: SPRI-006710-000000-000011