NOT LISTED FOR SALE

59 Hanover St Unit 61 Lynn, MA 01902

Central Lynn Neighborhood

Estimated Value: $794,000 - $948,000

6 Beds
4 Baths
2,700 Sq Ft
$329/Sq Ft Est. Value

Last Sold September 30, 2020

Last sale price $650,000 $241 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $5,576/month

9 Days on Market

About This Home

As of September 2020

Great investment opportunity or owner occupied home. This side/side two family allows for a single family feel. Each unit has its own separate heating, electric and water tanks along with separate basements. Units mirror each other & consist of two levels each. Each unit features TWO full bathrooms, high ceilings, lots of natural light, hardwood flooring and spacious bedrooms. Eat in kitchens have both been updated with plenty of cabinet/counter space. Living rooms are large and have nice flow into kitchen. Rental unit has washer/dryer hookup in basement while owners unit has laundry in unit. Owners unit has finished basement w/bath perfect for teens or in-law. Side yard allows for BBQ Grill or kids play area. Heating for each unit is electric. Some updates include roof (7 years), one water tank (1 year). All this plus parking for roughly 10 cars. Walk to Library, Stop & Shop, Cobbett Elementary and Lynn Common. No showings until OH Sat/Sunday. Offers if any are due Monday at 6pm

Last Agent to Sell the Property

Julia Bonavita

Apex Realty Group, LLC Listed on: 07/06/2020

Last Buyer's Agent

Rosa Martinez

Hacienda Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,056

Year Built

  • Built in 1987

Lot Details

  • 7,841

Flooring

  • Wood
  • Tile

Additional Features

  • Fenced Yard
  • Electric Water Heater
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:069 B:717 L:029

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,056

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 222.19
  • Comp Based On: Net Sale Price
  • Year Built: 1987
  • Lead Paint: Unknown
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1987

Interior Features

  • Flooring: Wood, Tile
  • Total Flrs: 3
  • No Bedrooms: 6
  • Total Brs: 6
  • Full Bathrooms: 4
  • Total Fbh: 4
  • No Rooms: 10
  • Basement: Y
  • Basement Features: Full, Partially Finished
  • Main Lo: AN2707
  • Main So: BB9790
  • Estimated Sq Ft: 2700.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Fenced Yard
  • Foundation: Poured Concrete

Garage/Parking

  • Parking Feature: Off-Street, Paved Driveway
  • Parking Spaces: 10

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 200 Amps
  • Hot Water: Electric
  • Utility Connections: for Electric Range, for Electric Oven, for Electric Dryer

Condo/Co-op/Association

  • Amenities: Public Transportation, Park

Lot Info

  • Assessments: 498200.00
  • Acre: 0.18
  • Lot Size: 7747.00
  • Page: 539
  • Parcel Number: M:069 B:717 L:029
  • Zoning: R5
  • Lot Description: Corner, Paved Drive, Fenced/Enclosed

Multi Family

  • Total Levels: 4
  • Total Rent: 1900
  • Total Rms: 10
  • No Units: 2
  • Mf Type: 2 Family - 2 Units Side by Side

Tax Info

  • Taxes: 6676.00
  • Assessor Parcel Number: 2005557

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2020
Closed on
Sep 10, 2020
Sold by
Rivera Ana
Bought by
Deleon Arilda A and Deleon Dury B
Seller's Agent
Julia Bonavita
Apex Realty Group, LLC
Buyer's Agent
Rosa Martinez
Hacienda Realty
List Price
$599,900
Sold Price
$650,000
Premium/Discount to List
$50,100
8.35%
Current Estimated Value
$880,554

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$230,554
Avg. Annual Appreciation
6.63%
Original Mortgage
$638,226
Outstanding Balance
$572,776
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$315,697

Purchase Details

Closed on
Oct 30, 2006
Sold by
Abdul-Kareem Kehinde and Abdul-Kareem Usman
Bought by
Rivera Guillermo and Rivera Vicky

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,600
Interest Rate
6.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 2, 2000
Sold by
Son Canvandy and Duong Dung
Bought by
Ngoi Thach and Son Thean T

Purchase Details

Closed on
Jun 9, 1999
Sold by
Mom Sothea and Suon Phall
Bought by
Son Canvandy and Duong Dung
Source: Public Records

Range of Values:

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Average Value
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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
Deleon Arilda A $650,000 None Available
Rivera Guillermo $407,000 --
Rivera Guillermo $407,000 --
Ngoi Thach $149,000 --
Ngoi Thach $149,000 --
Son Canvandy $146,000 --
Son Canvandy $146,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deleon Arilda A $638,226
Closed Deleon Arilda A $638,226
Previous Owner Christodoulou Costa $325,600
Previous Owner Christodoulou Costa $81,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2020 09/30/20 Sold $650,000 +8.4% $241 / Sq Ft
07/15/2020 07/15/20 Pending -- -- --
07/06/2020 07/06/20 For Sale $599,900 -- $222 / 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 $9,056 $874,100 $212,300 $661,800
2024 $8,908 $846,000 $204,800 $641,200
2023 $8,470 $759,600 $161,400 $598,200
2022 $8,735 $702,700 $145,800 $556,900
2021 $7,991 $613,300 $129,300 $484,000
2020 $6,676 $498,200 $121,700 $376,500
2019 $5,683 $397,400 $102,900 $294,500
2018 $5,469 $361,000 $101,900 $259,100
2017 $5,238 $335,800 $89,600 $246,200
2016 $4,704 $290,700 $67,500 $223,200
2015 $4,320 $257,900 $64,200 $193,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72685853

MLS Property Information Network (MLS PIN)

APN: LYNN-000069-000717-000029