G
Seller's Agent in 2023
Goldpath Real Estate Group
United Brokers
(781) 486-3180
13 in this area
151 Total Sales
599 Lynn St Revere, MA 02151
West Revere NeighborhoodEstimated Value: $688,000 - $970,000
5
Beds
3
Baths
3,200
Sq Ft
$258/Sq Ft
Est. Value
Highlights
- Medical Services
- Wood Flooring
- Jogging Path
- Solar Power System
- Corner Lot
- Porch
About This Home
As of March 2023Showings only at Open Houses and Group Showings - INVESTORS & DEVELOPERS take notice! Great Opportunity to own a 2-family closer to the price of a single-family. Unit one is spacious and can be used as a 4-5 bed currently rented at $2425 a month. Unit 2 is a smaller, 2-room apartment that is vacant and was last rented at $1250.00. The numbers work for investors and great opportunity. Plenty of parking, gas heating, and a convenient location make this home a must-see! PROPERTY BEING SOLD AS-IS AND WITH THE CURRENT sec 8 TAW TENANT. THE COURT MUST APPROVE THE OFFER AND GIVE 3 WEEKS OFFER EXPIRATION. FHA loans will not qualify for this property
Last Buyer's Agent
Javier Bedoya
Century 21 Mario Real Estate
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,233
Year Built
- Built in 1880
Lot Details
- 4,709 Sq Ft Lot
- Corner Lot
Home Design
- Stone Foundation
- Frame Construction
Interior Spaces
- 3,200 Sq Ft Home
- Property has 2 Levels
- Insulated Windows
- Gas Dryer Hookup
- Finished Basement
Flooring
- Wood
- Laminate
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Parking
- 5 Car Parking Spaces
- Off-Street Parking
Utilities
- 3 Heating Zones
- Heating Available
- 110 Volts
- Natural Gas Connected
- Gas Water Heater
Additional Features
- Solar Power System
- Porch
Listing and Financial Details
- Total Actual Rent $2,425
- Rent includes unit 1(electric water)
- Assessor Parcel Number M:32 B:454 L:11,1380178
Community Details
Amenities
- Medical Services
- Shops
Recreation
- Jogging Path
Additional Features
- 2 Units
- Net Operating Income $29,100
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 3, 2022
Closed on
Mar 20, 2023
Sold by
Cotton Robert J
Bought by
Recinos Manuel A and Portillo Margarita A
Seller's Agent
Goldpath Real Estate Group
United Brokers
Buyer's Agent
Javier Bedoya
Century 21 Mario Real Estate
List Price
$599,900
Sold Price
$525,000
Premium/Discount to List
-$74,900
-12.49%
Views
548
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$299,027
Avg. Annual Appreciation
19.78%
Original Mortgage
$385,000
Outstanding Balance
$375,463
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$438,604
Purchase Details
Closed on
Feb 23, 2007
Sold by
Singh Gurminder
Bought by
Singh Gurminder and Singh Karnail
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 14, 2007
Sold by
Thibert Patricia L
Bought by
Singh Gurminder
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Recinos Manuel A | $525,000 | None Available | |
| Recinos Manuel A | $525,000 | None Available | |
| Recinos Manuel A | $525,000 | None Available | |
| Singh Gurminder | -- | -- | |
| Singh Gurminder | -- | -- | |
| Singh Gurminder | $250,000 | -- | |
| Singh Gurminder | $250,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Recinos Manuel A | $385,000 | |
| Closed | Recinos Manuel A | $385,000 | |
| Previous Owner | Singh Gurminder | $185,351 | |
| Previous Owner | Singh Gurminder | $185,351 | |
| Previous Owner | Singh Gurminder | $200,000 | |
| Previous Owner | Singh Gurminder | $25,000 | |
| Previous Owner | Thibert Richard J | $20,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/24/2023 03/24/23 | Sold | $525,000 | 0.0% | $164 / Sq Ft |
| 01/23/2023 01/23/23 | Pending | -- | -- | -- |
| 01/19/2023 01/19/23 | Price Changed | $524,900 | -12.5% | $164 / Sq Ft |
| 12/16/2022 12/16/22 | For Sale | $599,900 | 0.0% | $187 / Sq Ft |
| 11/01/2022 11/01/22 | Pending | -- | -- | -- |
| 08/03/2022 08/03/22 | For Sale | $599,900 | -- | $187 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $5,630 | $620,700 | $287,100 | $333,600 |
| 2024 | $5,523 | $606,300 | $271,200 | $335,100 |
| 2023 | $5,212 | $548,100 | $226,500 | $321,600 |
| 2022 | $5,233 | $503,200 | $215,400 | $287,800 |
| 2021 | $5,134 | $464,200 | $199,400 | $264,800 |
| 2020 | $5,105 | $453,400 | $199,400 | $254,000 |
| 2019 | $4,883 | $403,200 | $181,900 | $221,300 |
| 2018 | $4,964 | $383,000 | $164,300 | $218,700 |
| 2017 | $4,912 | $351,100 | $143,600 | $207,500 |
| 2016 | $4,071 | $281,700 | $130,800 | $150,900 |
| 2015 | $4,169 | $281,700 | $130,800 | $150,900 |
Source: Public Records
Agents Affiliated with this Home
-
Goldpath Real Estate Group
-
Jason Goldfarb
Seller Co-Listing Agent in 2023
Jason Goldfarb
United Brokers
(978) 406-9778
10 in this area
74 Total Sales
-
J
Buyer's Agent in 2023
Javier Bedoya
Century 21 Mario Real Estate
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73020716
APN: REVE-000032-000454-000011
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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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