NOT LISTED FOR SALE

Estimated Value: $633,515 - $835,000

6 Beds
2 Baths
2,772 Sq Ft
$258/Sq Ft Est. Value

Last Sold January 05, 2022

Last sale price $610,000 $220 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,281/month

5 Days on Market

Highlights

  • Property is near public transit
  • Jogging Path
  • Window Unit Cooling System
  • Tennis Courts
  • Tandem Parking
  • 3-minute walk to GEAA Field

About This Home

As of January 2022

Welcome to 66 Linden St in Lynn! This is your chance to own a spacious, two-family home in Lynn for under $600k! This property features two units, totaling 6 bedrooms and 2 bathrooms. Unit #1 is on the first floor and contains 2 bedrooms, full bathroom, living room, and a kitchen/dining room. Unit #2 is a two-level unit on the 2nd and 3rd levels with 4 bedrooms, 1 full bathroom, living room, kitchen/dining room, and bonus room. Great income potential as an investment opportunity with reliable tenants in both units. First and only showings at the Open House this Sunday 11/14 from 11am - 1pm.

Last Agent to Sell the Property

Timothy Borders

Coldwell Banker Realty - Lynnfield Listed on: 11/10/2021

Coldwell Banker Realty - Lynnfield

Last Buyer's Agent

Venantius Phillip

Tremont Realty Group, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,821

Year Built

  • Built in 1880

Lot Details

  • 1,742

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,772 Sq Ft Home
  • Property has 1 Level
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Parking Spaces
  • Tandem Parking
  • Driveway
  • Open Parking
  • Off-Street Parking

Utilities

  • Window Unit Cooling System
  • 2 Heating Zones
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • 1,742 Sq Ft Lot
  • Property is near public transit

Listing and Financial Details

  • Total Actual Rent $3,200
  • Assessor Parcel Number M:020 B:281 L:023,1993704

Community Details

Recreation

  • Tennis Courts
  • Park
  • Jogging Path
  • Bike Trail

Additional Features

  • 2 Units
  • Shops
  • Net Operating Income $38,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,821

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1880
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 3

Interior Features

  • Fireplace YN: No
  • Appliances: Gas Water Heater
  • Total Bedrooms: 6
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full, Unfinished
  • Living Area: 2772
  • Stories Total: 3
  • MAIN LO: AN4305
  • MAIN SO: NB5197

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Tandem
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public
  • SEWAGE DISTRICT: Lynn
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Bike Path

Lot Info

  • Parcel Number: M:020 B:281 L:023,1993704
  • Zoning: R4
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.04
  • Lot Size Sq Ft: 1742.4
  • Lot Size Units: Acres
  • LOT SIZE: 1789

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 5821

Multi Family

  • Net Operating Income: 38400
  • Number Of Units Total: 2
  • Total Actual Rent: 3200
  • LEVELS 1: 1
  • LEASE 2: Y
  • LEASE 1: Y

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2021
Closed on
Jan 4, 2022
Sold by
Hoy Rt
Bought by
Cruz-Hidalgo Sarileiny and Delorbe-Lugo Antonio
Seller's Agent
Timothy Borders
Coldwell Banker Realty - Lynnfield
Buyer's Agent
Venantius Phillip
Tremont Realty Group, LLC
List Price
$589,000
Sold Price
$610,000
Premium/Discount to List
$21,000
3.57%
Current Estimated Value
$715,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,129
Avg. Annual Appreciation
4.14%
Original Mortgage
$598,951
Outstanding Balance
$549,820
Interest Rate
3.12%
Mortgage Type
FHA
Estimated Equity
$165,309

Purchase Details

Closed on
Mar 30, 2001
Sold by
Colantuoni Dean
Bought by
Spelta Eugene W

Purchase Details

Closed on
Dec 11, 1998
Sold by
Asset Revov Management
Bought by
Colantuoni Dean

Purchase Details

Closed on
Jun 7, 1996
Sold by
Serio Frank O and Serio Pamela
Bought by
Asset Recovery Mgmt
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
Cruz-Hidalgo Sarileiny $610,000 None Available
Cruz-Hidalgo Sarileiny $610,000 None Available
Spelta Eugene W $178,000 --
Spelta Eugene W $178,000 --
Colantuoni Dean $89,200 --
Colantuoni Dean $89,200 --
Asset Recovery Mgmt $31,500 --
Asset Recovery Mgmt $31,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cruz-Hidalgo Sarileiny $598,951
Closed Cruz-Hidalgo Sarileiny $598,951
Previous Owner Asset Recovery Mgmt $133,000
Previous Owner Asset Recovery Mgmt $243,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/05/2022 01/05/22 Sold $610,000 +3.6% $220 / Sq Ft
11/16/2021 11/16/21 Pending -- -- --
11/10/2021 11/10/21 For Sale $589,000 -- $212 / 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 $6,372 $615,055 $186,000 $429,055
2024 $5,983 $568,200 $170,900 $397,300
2023 $6,134 $550,100 $152,200 $397,900
2022 $6,364 $512,000 $143,100 $368,900
2021 $5,821 $446,700 $118,000 $328,700
2020 $5,241 $391,100 $98,500 $292,600
2019 $4,966 $347,300 $84,600 $262,700
2018 $4,762 $314,300 $92,600 $221,700
2017 $4,363 $279,700 $81,900 $197,800
2016 $4,084 $252,400 $77,500 $174,900
2015 $3,722 $222,200 $66,800 $155,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72918692

MLS Property Information Network (MLS PIN)

APN: LYNN-000020-000281-000023