$105,000
SOLD FEB 16, 2012

59 Melvin Ave Lynn, MA 01902

Eastern Avenue Neighborhood
2 Beds
2 Baths
1,063 Sq Ft
3,920 Sq Ft Lot

Recently Sold

$99 Per Sq Ft

47% Below List Price

580 Days on Market

About This Home

As of August 2017

Move-in colonial off Eastern Ave., vinyl ext., aluminum covered trim, insulated windows, approx:1/2 mile to ocean, level fenced corner lot, patio, 4 car driveway, wood flrs, blown-in insulation, basement w/d hookup and new heating system 12/2009 "SHORT SALE WITH BANK APPROVAL APROX: 2 WEEKS AWAY" Under agreement twice but buyers wouldn't wait for lender approval. Should be normal financing time with offer.

Last Agent to Sell the Property

Nancy Toomey

Century 21 Tradition License #454002985 Listed on: 07/15/2010

Last Buyer's Agent

Thomas Lynch

A. James Lynch, Inc. License #454000157

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,248

Year Built

1910

Lot Details

0

Listing Details

  • Lot Description: Corner
  • Special Features: 12
  • Property Sub Type: Detached
  • Year Built: 1910

Interior Features

  • Has Basement: Yes
  • Primary Bathroom: No
  • Number of Rooms: 6
  • Amenities: Public Transportation, Shopping, Park, Golf Course, Medical Facility, Laundromat
  • Electric: Circuit Breakers, 100 Amps
  • Energy: Insulated Windows
  • Flooring: Wood, Vinyl, Wall to Wall Carpet
  • Interior Amenities: Cable Available
  • Basement: Full, Concrete Floor, Partially Finished
  • Bedroom 2: Second Floor
  • Bathroom #1: First Floor
  • Bathroom #2: First Floor
  • Kitchen: First Floor
  • Living Room: First Floor
  • Master Bedroom: Second Floor
  • Dining Room: First Floor

Exterior Features

  • Construction: Frame
  • Exterior: Aluminum, Vinyl
  • Exterior Features: Porch, Patio, Fenced Yard
  • Foundation: Fieldstone, Brick

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 4

Utilities

  • Hot Water: Natural Gas
  • Water/Sewer: City/Town Water
  • Utility Connections: for Gas Range

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2017
Closed on
Aug 23, 2017
Sold by
Whitcher Valerie E
Bought by
Guarino Lynne
Seller's Agent
Joanne McGinn
Century 21 North East
Buyer's Agent
Patricia Burke
Berkshire Hathaway HomeServices Verani Realty
List Price
$289,900
Sold Price
$310,000
Premium/Discount to List
$20,100
6.93%
Current Estimated Value
$576,755

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$266,755
Avg. Annual Appreciation
8.17%
Original Mortgage
$279,000
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 15, 2010
Closed on
Feb 15, 2012
Sold by
Smallwood Randal K and Smallwood Jennifer M
Bought by
Whitcher Valerie E
Seller's Agent
Nancy Toomey
Century 21 Tradition
Buyer's Agent
Thomas Lynch
A. James Lynch, Inc.
List Price
$199,900
Sold Price
$105,000
Premium/Discount to List
-$94,900
-47.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.67%

Purchase Details

Closed on
Jan 31, 2007
Sold by
Smith Megan
Bought by
Smallwood Randal K and Smallwood Jennifer M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,000
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 17, 2004
Sold by
Collins Henry J and Collins Shelagh M
Bought by
Smith Megan

Purchase Details

Closed on
Apr 30, 2001
Sold by
Mccall Michael K and Mccall Kari J
Bought by
Collins Henry J and Collins Shelagh M

Purchase Details

Closed on
Sep 29, 1997
Sold by
Forgione Robert A and Forgione Leanne
Bought by
Mccall Michael K and Mccall Kari J

Purchase Details

Closed on
Aug 24, 1990
Sold by
Smith Sherry V
Bought by
Forgione Robert A
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 Type Sale Price Title Company
Not Resolvable $310,000 --
Not Resolvable $105,000 --
Deed $263,000 --
Deed $263,000 --
Deed $283,500 --
Deed $283,500 --
Deed $171,500 --
Deed $171,500 --
Deed $107,000 --
Deed $107,000 --
Deed $116,000 --
Deed $116,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $272,000 Stand Alone Refi Refinance Of Original Loan
Closed $279,000 New Conventional
Previous Owner $243,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2017 08/23/17 Sold $310,000 +6.9% $292 / Sq Ft
07/07/2017 07/07/17 Pending -- -- --
07/05/2017 07/05/17 For Sale $289,900 +176.1% $273 / Sq Ft
02/16/2012 02/16/12 Sold $105,000 -24.9% $99 / Sq Ft
02/15/2012 02/15/12 Pending -- -- --
11/09/2011 11/09/11 Price Changed $139,900 -6.7% $132 / Sq Ft
09/20/2011 09/20/11 Price Changed $149,900 -6.3% $141 / Sq Ft
02/08/2011 02/08/11 Price Changed $159,900 +6.7% $150 / Sq Ft
10/26/2010 10/26/10 Price Changed $149,900 -11.8% $141 / Sq Ft
10/14/2010 10/14/10 Price Changed $169,900 -5.6% $160 / Sq Ft
08/19/2010 08/19/10 Price Changed $179,900 -10.0% $169 / Sq Ft
07/15/2010 07/15/10 For Sale $199,900 -- $188 / 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 $5,248 $506,600 $200,300 $306,300
2024 $5,028 $477,500 $188,400 $289,100
2023 $4,893 $438,800 $185,800 $253,000
2022 $4,664 $375,200 $149,500 $225,700
2021 $4,390 $336,900 $126,400 $210,500
2020 $4,250 $317,200 $123,400 $193,800
2019 $4,257 $297,700 $115,300 $182,400
2018 $3,883 $256,300 $124,300 $132,000
2017 $3,560 $228,200 $102,500 $125,700
2016 $3,581 $221,300 $102,900 $118,400
2015 $3,447 $205,800 $102,900 $102,900
Source: Public Records

Agents Affiliated with this Home

  • Joanne McGinn

    Seller's Agent in 2017

    Joanne McGinn

    Century 21 North East

    (781) 405-7110

    26 Total Sales

    Joanne McGinn
    Section Image

  • P

    Buyer's Agent in 2017

    Patricia Burke

    Berkshire Hathaway HomeServices Verani Realty

    (978) 807-6371

    45 Total Sales

    Patricia Burke
    Section Image

  • N

    Seller's Agent in 2012

    Nancy Toomey

    Century 21 Tradition

  • T

    Buyer's Agent in 2012

    Thomas Lynch

    A. James Lynch, Inc.

    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71109725

MLS Property Information Network (MLS PIN)

APN: LYNN-000105-000426-000001

Massachusetts Essex County Lynn 01902 Eastern Avenue

59 Melvin Ave, Lynn, MA

This home is located at 59 Melvin Ave, Lynn, MA 01902 and is currently priced at $105,000, approximately $98 per square foot. This property was built in 1910. 59 Melvin Ave 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.

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.

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