NOT LISTED FOR SALE

Estimated Value: $589,000 - $704,000

6 Beds
2 Baths
2,679 Sq Ft
$242/Sq Ft Est. Value

Last Sold April 25, 2018

Last sale price $359,900 $134 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $3,983/month

19 Days on Market

About This Home

As of April 2018

De-leaded 2.5 family home needs work! It features 11 rms, 6 bdrs, 2 baths, 2 oak kitchens, wood flrs except 3rd flr, insulated windows, 2 fha/gas heating systems, 2/100 amp cb electric service with a third common meter and 2 gas h/w. Apartment #1 has 4 rms, 2 bdrs and 1 bath. The #2nd/3rd flr unit has 7 rooms, 4 bdr and 1 bath and all this with 2 deleaded certificates. Exterior/ interior needs work. All buyers are to qualify under medium income in Lynn, Ma (see uploaded information under attached documents with income based on number of family members). Qualifying income with added 70% of rental yearly total income of 1st flr. unit. Any Buyer(s) total yearly gross income with 70% of 1st flr unit yearly rental income can not exceed this criteria. Buyer(s) have to be owner occupied. "First showings March 3, 2018 from Noon to 1:30PM. "All offers to be in by NOON, Monday 03/05/2018!!!!!!!!!!!!!!!!!!!!!!

Last Agent to Sell the Property

James Toomey

Century 21 Tradition License #454000854 Listed on: 02/14/2018

Last Buyer's Agent

F. Shantel Manzano

Madelyn Garcia Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,011

Year Built

  • Built in 1884

Lot Details

  • 2,178

Additional Features

  • Wood Flooring
  • Year Round Access
  • Natural Gas Water Heater
  • Basement

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,011

Year Built

Built in 1884

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 134.34
  • Comp Based On: Net Sale Price
  • Year Built: 1884
  • Lead Paint: Certified Treated
  • Year Round: Yes
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1884

Interior Features

  • Flooring: Wood, Varies Per Unit, Hardwood, Vinyl / VTC
  • Total Flrs: 3
  • No Bedrooms: 6
  • Total Brs: 6
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 11
  • Basement: Y
  • Basement Features: Full
  • Main Lo: AN5411
  • Main So: BB3163
  • Estimated Sq Ft: 2679.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 1 to 2 Mile
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Shingles, Asbestos
  • Foundation: Fieldstone, Brick

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 3

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 220 Volts, Circuit Breakers, 100 Amps, Individually Metered, Varies per Unit
  • Sewage District: Lynn
  • Heat Zones: 2
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Gas Dryer, for Electric Dryer, Washer Hookup, Varies per Unit

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Golf Course, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T-Station, University

Lot Info

  • Assessments: 315800.00
  • Acre: 0.05
  • Lot Size: 2075.00
  • Page: 304
  • Zoning: R4
  • Lot Description: Paved Drive, City View(s), Level

Green Features

  • Energy Features: Insulated Windows

Multi Family

  • Heat Units: 2
  • Total Levels: 3
  • Total Rms: 11
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 4926.48
  • Assessor Parcel Number: 1993557

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2018
Closed on
May 2, 2018
Sold by
Bynoe Selwyn S
Bought by
Morales-Castillo Wilber E
Seller's Agent
James Toomey
Century 21 Tradition
Buyer's Agent
F. Shantel Manzano
Madelyn Garcia Real Estate
List Price
$359,900
Sold Price
$359,900
Current Estimated Value
$648,060

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$288,160
Avg. Annual Appreciation
8.02%
Original Mortgage
$319,000
Outstanding Balance
$273,809
Interest Rate
4.45%
Mortgage Type
New Conventional
Estimated Equity
$374,251

Purchase Details

Closed on
Nov 8, 2012
Sold by
Nsp Residential Llc
Bought by
Bynoe Selwyn S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,700
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 2000
Sold by
Ba Rt and Andreo Bill J
Bought by
Bynoe Selwyn S

Purchase Details

Closed on
Nov 30, 1995
Sold by
Fhlmc
Bought by
Andreo Bill J

Purchase Details

Closed on
Sep 28, 1994
Sold by
Melanson Donald and Eastern Bank
Bought by
Fhlmc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Morales-Castillo Wilber E $359,900 --
Morales-Castillo Wilber E $359,900 --
Bynoe Selwyn S $218,000 --
Nsp Residential Llc $165,000 --
Bynoe Selwyn S $173,000 --
Bynoe Selwyn S $173,000 --
Andreo Bill J $37,000 --
Andreo Bill J $37,000 --
Fhlmc $38,300 --
Fhlmc $38,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morales-Castillo Wilber E $319,000
Closed Morales-Castillo Wilber E $319,000
Previous Owner Nsp Residential Llc $176,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/25/2018 04/25/18 Sold $359,900 0.0% $134 / Sq Ft
03/05/2018 03/05/18 Pending -- -- --
02/14/2018 02/14/18 For Sale $359,900 -- $134 / 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 $7,011 $676,691 $187,600 $489,091
2024 $6,579 $624,800 $172,400 $452,400
2023 $6,400 $574,000 $153,600 $420,400
2022 $6,634 $533,700 $144,300 $389,400
2021 $5,444 $417,800 $119,100 $298,700
2020 $4,887 $364,700 $99,400 $265,300
2019 $5,364 $375,100 $85,400 $289,700
2018 $5,103 $336,800 $93,400 $243,400
2017 $4,926 $315,800 $82,600 $233,200
2016 $4,590 $283,700 $78,200 $205,500
2015 $4,176 $249,300 $67,400 $181,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72281575

MLS Property Information Network (MLS PIN)

APN: LYNN-000037-000277-000010