NOT LISTED FOR SALE

59 S Elm St Lynn, MA 01905

Lynnway Neighborhood

Estimated Value: $459,000 - $558,531

6 Beds
6 Baths
4,713 Sq Ft
$108/Sq Ft Est. Value

Last Sold August 31, 2017

Last sale price $605,000 $128 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $3,102/month

4 Days on Market

About This Home

As of August 2017

Investors take note not a flipper but a turn key. 6 family fully occupied close to public transportation with off street parking. Nothing to do here but collect the rents. Sprinkler system, separate heating systems that have been updated, separate utilities. Clean property with solid tenants.

Last Agent to Sell the Property

Bill D

Charlesgate Realty Group, llc Listed on: 07/20/2017

Last Buyer's Agent

Bill D

Charlesgate Realty Group, llc Listed on: 07/20/2017

Property Details

Home Type

Multi-Family

Year Built

1900

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Property Type: Multi-family
  • Other Agent: 2.00
  • Lead Paint: Unknown
  • Year Built Description: Approximate
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 5
  • Year Built: 1900

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 15
  • Amenities: Public Transportation, Shopping
  • Electric: 110 Volts, Circuit Breakers
  • Energy: Insulated Windows
  • Flooring: Wood, Vinyl
  • Basement: Full
  • Full Bathrooms: 6
  • Total Levels: 5
  • Main Lo: C64900
  • Main So: C64900
  • Estimated Sq Ft: 4713.00

Exterior Features

  • Construction: Frame, Stone/Concrete
  • Exterior: Vinyl
  • Exterior Features: Porch
  • Foundation: Fieldstone
  • Beach: Harbor, Ocean

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 6

Utilities

  • Heat Zones: 6
  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Sewage District: LWSC

Condo/Co-op/Association

  • Total Units: 6

Lot Info

  • Assessor Parcel Number: M:037 B:765 L:020
  • Zoning: R4
  • Acre: 0.10
  • Lot Size: 4500.00

Multi Family

  • Heat Units: 6
  • Total Bedrooms: 6
  • Total Floors: 9
  • Total Full Baths: 6
  • Total Levels: 3
  • Total Rms: 18
  • Multi Family Type: 5+ Family - 5+ Units Up/Down

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2017
Closed on
Jul 20, 2017
Sold by
Crespin Doris Est and Rep-Clarke
Bought by
Rivas Lisstefany and Vilorio Alexi
Seller's Agent
Bill D
Charlesgate Realty Group, llc
Buyer's Agent
Bill D
Charlesgate Realty Group, llc
List Price
$629,000
Sold Price
$605,000
Premium/Discount to List
-$24,000
-3.82%
Current Estimated Value
$506,883

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$98,117
Avg. Annual Appreciation
-2.12%
Original Mortgage
$246,075
Outstanding Balance
$203,452
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$303,431

Purchase Details

Closed on
Oct 16, 2006
Sold by
Charette-Oneill Lily
Bought by
Clarke Edison and Crespin Doris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,200
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 29, 2002
Sold by
Oneill Daniel F and Oneill Jane E
Bought by
Charette Lily
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rivas Lisstefany $255,000 --
Clarke Edison $239,000 --
Clarke Edison $239,000 --
Charette Lily $154,400 --
Charette Lily $154,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rivas Lisstefany $246,075
Closed Rivas Lisstefany $246,075
Previous Owner Charette Lily $191,200
Previous Owner Charette Lily $47,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/31/2017 08/31/17 Sold $605,000 +137.3% $128 / Sq Ft
07/24/2017 07/24/17 Pending -- -- --
07/20/2017 07/20/17 Sold $255,000 -59.5% $214 / Sq Ft View Prior Sale
07/20/2017 07/20/17 For Sale $629,000 +142.9% $133 / Sq Ft
04/10/2017 04/10/17 Pending -- -- --
04/05/2017 04/05/17 For Sale $259,000 -- $217 / 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 $5,233 $505,100 $203,800 $301,300
2024 $4,974 $472,400 $187,200 $285,200
2023 $4,655 $417,500 $166,800 $250,700
2022 $4,751 $382,200 $156,800 $225,400
2021 $4,433 $340,200 $129,300 $210,900
2020 $4,060 $303,000 $108,000 $195,000
2019 $3,960 $276,900 $92,800 $184,100
2018 $3,892 $256,900 $101,500 $155,400
2017 $3,629 $232,600 $89,700 $142,900
2016 $3,561 $220,100 $84,900 $135,200
2015 $3,218 $192,100 $73,200 $118,900
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2017

    Ryan Newhall

    Newhall Real Estate

    Section Image

  • B

    Seller's Agent in 2017

    Bill D

    Charlesgate Realty Group, llc

    13 Total Sales

    Bill D
    Section Image
  • Hazel Santana

    Buyer's Agent in 2017

    Hazel Santana

    Charlesgate Realty Group LLC

    (781) 600-4996

    1 in this area

    53 Total Sales

    Hazel Santana
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72201499

MLS Property Information Network (MLS PIN)

APN: LYNN-000036-000772-000030

Massachusetts Essex County Lynn 01905 Lynnway

59 S Elm St, Lynn, MA

Not Listed for Sale

MultiFamily

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