NOT LISTED FOR SALE

Estimated Value: $628,000 - $849,000

9 Beds
2 Baths
2,748 Sq Ft
$267/Sq Ft Est. Value

Last Sold July 06, 2020

Last sale price $640,000 $233 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,448/month

15 Days on Market

About This Home

As of July 2020

Vacant newly renovated 2 Family featuring 9 bedrooms and 2 bathrooms, with a total of 2748 sqft of living space conveniently located near downtown Lynn with easy access to highways for commuters! Great turn-key opportunity for an owner occupant or a seasoned investor looking for their next income producing property. Unit 1 consists of 6 bedrooms with and 1 bathroom with tile back splash and in unit laundry as well as a HUGE kitchen with new white cabinets, granite counter tops, stainless steel appliances, and 11 foot high ceilings. Unit 2 consists of 3 bedrooms and 1 bathroom that also includes in unit laundry giving this house separate in unit laundry for both units. Both units have been completely renovated featuring a full electrical rewire, heat/hot water combo boilers, new oversized windows throughout the entire home and many more updates. The exterior of the home features a partially new roof, low maintenance vinyl siding, a new rear deck, and large backyard for entertaining gues

Last Agent to Sell the Property

Jacob Irving

Irving Realty Listed on: 05/07/2020

Last Buyer's Agent

Viana Vargas

Boston Realty Services and Partners, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1870

Lot Details

  • 4,792

Flooring

  • Wall to Wall Carpet
  • Vinyl

Outdoor Features

  • Deck
  • Rain Gutters

Utilities

  • Natural Gas Water Heater

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:053 B:721 L:017

Property Details

Home Type

Multi-Family

Year Built

Built in 1870

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Property Type: Multi-family
  • Other Agent: 1.00
  • Year Built Description: Actual
  • List Price Per Sq Ft: 232.86
  • Comp Based On: Net Sale Price
  • Year Built: 1870
  • Lead Paint: Unknown
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1870

Interior Features

  • Flooring: Vinyl, Wall to Wall Carpet
  • Total Flrs: 3
  • No Bedrooms: 9
  • Total Brs: 9
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 13
  • Basement: Y
  • Basement Features: Finished
  • Main Lo: B95159
  • Main So: AN5486
  • Estimated Sq Ft: 2748.00

Exterior Features

  • Construction: Stone/Concrete
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Deck, Gutters
  • Foundation: Fieldstone, Brick

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 4

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 200 Amps
  • Heat Zones: 3
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Gas Oven, for Electric Dryer, Washer Hookup

Lot Info

  • Assessments: 386200.00
  • Acre: 0.11
  • Lot Size: 4835.00
  • Parcel Number: M:053 B:721 L:017
  • Zoning: R4
  • Lot Description: Paved Drive

Multi Family

  • Heat Units: 3
  • Total Levels: 3
  • Total Rms: 13
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 5175.00
  • Assessor Parcel Number: 2005650

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2020
Closed on
Jul 3, 2020
Sold by
Irving Development Llc
Bought by
Mora Hector M and Rivera Jessica M
Seller's Agent
Jacob Irving
Irving Realty
Buyer's Agent
Viana Vargas
Boston Realty Services and Partners, LLC
List Price
$639,900
Sold Price
$640,000
Premium/Discount to List
$100
0.02%
Current Estimated Value
$732,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,525
Avg. Annual Appreciation
2.40%
Original Mortgage
$628,408
Outstanding Balance
$558,265
Interest Rate
3.2%
Mortgage Type
FHA
Estimated Equity
$174,260

Purchase Details

Listed on
Jul 30, 2019
Closed on
Sep 12, 2019
Sold by
Irving Jason
Bought by
Irving Development Llc
Seller's Agent
Joe Cacciatore
Berkshire Hathaway HomeServices Verani Realty
Buyer's Agent
Jacob Irving
Irving Realty
List Price
$290,000
Sold Price
$275,000
Premium/Discount to List
-$15,000
-5.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
180.14%
Original Mortgage
$150,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 1997
Sold by
Carey Frances A
Bought by
Decoste Richard C
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
Mora Hector M $640,000 None Available
Irving Development Llc -- --
Irving Jason $275,000 --
Decoste Richard C $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mora Hector M $628,408
Previous Owner Irving Jason $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/06/2020 07/06/20 Sold $640,000 0.0% $233 / Sq Ft
05/22/2020 05/22/20 Pending -- -- --
05/07/2020 05/07/20 For Sale $639,900 +132.7% $233 / Sq Ft
09/12/2019 09/12/19 Sold $275,000 -5.2% $157 / Sq Ft View Prior Sale
08/07/2019 08/07/19 Pending -- -- --
07/30/2019 07/30/19 For Sale $290,000 -- $166 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $7,640 $737,474 $195,900 $541,574
2024 $7,273 $690,700 $189,000 $501,700
2023 $6,865 $615,700 $148,900 $466,800
2022 $7,054 $567,500 $134,600 $432,900
2021 $6,583 $505,200 $119,300 $385,900
2020 $5,175 $386,200 $112,300 $273,900
2019 $4,871 $340,600 $94,900 $245,700
2018 $4,563 $301,200 $94,100 $207,100
2017 $4,317 $276,700 $82,700 $194,000
2016 $3,780 $233,600 $62,300 $171,300
2015 $3,538 $211,200 $59,200 $152,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72652887

MLS Property Information Network (MLS PIN)

APN: LYNN-000053-000721-000017

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