NOT LISTED FOR SALE

61 Shepard St Unit 61A Lynn, MA 01902

Central Lynn Neighborhood

Estimated Value: $881,000 - $1,058,000

6 Beds
3 Baths
3,876 Sq Ft
$244/Sq Ft Est. Value

Last Sold December 22, 2020

Last sale price $650,000 $168 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $5,791/month

116 Days on Market

Highlights

  • City View
  • Wood Flooring
  • Enclosed Patio or Porch
  • Cokato Elementary School Rated 10
  • Fenced Yard

About This Home

As of December 2020

This home comes with 2 bedrooms each unit, and separate utilities, a two car garage and a large 8,780 square foot lot for plenty of yard and additional parking spaces. The first floor unit will be delivered vacant at closing. These very spacious apartments have hardwood floors throughout. This home is located within close proximity to major highways, bus service, the Commuter Rail, Lynn Woods, Gannon Golf Course and the Lynn/Nahant Beach. Don't miss this opportunity, this spacious property will not last long on the market. Please note instructions for showings in Firm Remarks.

Last Agent to Sell the Property

Carol Curley

Century 21 North East Listed on: 04/20/2020

Century 21 North East

Co-Listed By

Eileen Spencer

Century 21 North East

Last Buyer's Agent

Jose Zambrano

RE/MAX 360

RE/MAX 360

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,930

Year Built

  • Built in 1900

Lot Details

  • Year Round Access
  • Fenced Yard

Parking

  • 2 Car Garage

Flooring

  • Wood
  • Vinyl

Utilities

  • Natural Gas Water Heater
  • Oil Water Heater

Additional Features

  • City Views
  • Enclosed Patio or Porch
  • Basement

Listing and Financial Details

  • Assessor Parcel Number 052-737-018

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,930

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-family
  • Other Agent: 1.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 167.67
  • Comp Based On: Net Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Year Round: Yes
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1900

Interior Features

  • Flooring: Vinyl, Hardwood
  • Total Flrs: 6
  • No Bedrooms: 6
  • Total Brs: 6
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 14
  • Basement: Y
  • Basement Features: Full, Bulkhead, Concrete Floor
  • Main Lo: AN5406
  • Main So: BB3227
  • Estimated Sq Ft: 3876.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 1/2 to 1 Mile
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Porch, Porch - Enclosed, Fenced Yard, City View(s)
  • Foundation: Fieldstone

Garage/Parking

  • Parking Feature: Off-Street, Paved Driveway
  • Parking Spaces: 5
  • Garage Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Fuses, Circuit Breakers
  • Sewage District: Lynn
  • Heat Zones: 3
  • Hot Water: Oil, Natural Gas
  • Utility Connections: for Gas Range, for Electric Range, for Gas Oven, for Electric Oven, Washer Hookup

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Golf Course, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station

Lot Info

  • Assessments: 597200.00
  • Lot: 018
  • Acre: 0.20
  • Lot Size: 8780.00
  • Page: 439
  • Parcel Number: 052-737-018
  • Zoning: R4
  • Lot Description: Paved Drive, Level

Green Features

  • Energy Features: Insulated Windows

Multi Family

  • Heat Units: 3
  • Total Levels: 3
  • Total Rms: 14
  • No Units: 3
  • Mf Type: 3 Family - 3 Units Up/Down

Tax Info

  • Taxes: 8002.48
  • Assessor Parcel Number: 2006198
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2020
Closed on
Dec 22, 2020
Sold by
Zaharopoulos Panagiota A
Bought by
Medrano Geyman
Seller's Agent
Carol Curley
Century 21 North East
Buyer's Agent
Jose Zambrano
RE/MAX 360
List Price
$679,900
Sold Price
$650,000
Premium/Discount to List
-$29,900
-4.4%
Current Estimated Value
$946,273

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$296,273
Avg. Annual Appreciation
7.95%
Original Mortgage
$617,500
Outstanding Balance
$548,492
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$397,781
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Medrano Geyman $650,000 None Available
Medrano Geyman $650,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Medrano Geyman $617,500
Closed Medrano Geyman $617,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/22/2020 12/22/20 Sold $650,000 0.0% $168 / Sq Ft
05/31/2020 05/31/20 Pending -- -- --
05/19/2020 05/19/20 Price Changed $649,900 -4.4% $168 / Sq Ft
02/05/2020 02/05/20 For Sale $679,900 -- $175 / 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 $9,930 $958,500 $226,900 $731,600
2024 $9,720 $923,100 $208,400 $714,700
2023 $9,181 $823,400 $185,700 $637,700
2022 $9,260 $745,000 $174,500 $570,500
2021 $8,641 $663,200 $144,000 $519,200
2020 $8,002 $597,200 $120,200 $477,000
2019 $7,649 $534,900 $103,300 $431,600
2018 $7,252 $478,700 $112,900 $365,800
2017 $6,911 $443,000 $99,900 $343,100
2016 $6,485 $400,800 $94,500 $306,300
2015 $5,744 $342,900 $81,400 $261,500
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2020

    Carol Curley

    Century 21 North East

    (617) 347-8910

    1 in this area

    11 Total Sales

    Carol Curley
    Section Image
  • Eileen Spencer

    Seller Co-Listing Agent in 2020

    Eileen Spencer

    Century 21 North East

    (617) 791-4773

    1 in this area

    30 Total Sales

    Eileen Spencer
    Section Image
  • Jose Zambrano

    Buyer's Agent in 2020

    Jose Zambrano

    RE/MAX 360

    (781) 322-2622

    2 in this area

    147 Total Sales

    Jose Zambrano
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72645751

MLS Property Information Network (MLS PIN)

APN: LYNN-000052-000737-000018

Massachusetts Essex County Lynn 01902 Central Lynn

61 Shepard St Unit 61A, Lynn, MA

Not Listed for Sale

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.

Nearby Homes