NOT LISTED FOR SALE

7 Alice Ave Lynn, MA 01902

Fayette Street Neighborhood

Estimated Value: $727,000 - $918,000

7 Beds
3 Baths
3,162 Sq Ft
$257/Sq Ft Est. Value

Sale Details

Date Sold: November 7, 2014

Last sale price $290,000 $92 Per Sq Ft

Est. 180% increase in value since last sale

Current estimated payment $5,002 / mo

133 Days on Market

About This Home

As of November 2014

Large 2 Family Property Well Maintained with GREAT potential. Conveniently Located Near Public Transportation, Stores, Schools and Playgrounds. Hard Wood Floors with High Ceilings, Vinyl Siding and Two Car Garage. Great for Investor or Owner Occupied.*******Group Showing Friday at 5:00pm*****Open House Saturday from 12:00pm to 1:30pm!!!!

Last Agent to Sell the Property

Demostenes Nunez

Tremont Realty Group, LLC Listed on: 05/28/2014

Last Buyer's Agent

Edwin Mendez

TruePath Realty LLC

Property Details

Home Type

Multi-Family

Year Built

1880

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Lot Description: Paved Drive
  • Other Agent: 2.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1880

Interior Features

  • Fireplaces: 1
  • Has Basement: Yes
  • Fireplaces: 1
  • Number of Rooms: 12
  • Flooring: Wood, Tile
  • Basement: Full

Exterior Features

  • Exterior: Vinyl
  • Foundation: Poured Concrete, Fieldstone

Garage/Parking

  • Garage Spaces: 2
  • Parking: Off-Street
  • Parking Spaces: 4

Utilities

  • Hot Water: Natural Gas

Lot Info

  • Assessor Parcel Number: M:095 B:479 L:016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2014
Closed on
Nov 6, 2014
Sold by
Jimenez Luis
Bought by
Mayorga Jorge and Perdomo Alma X
Seller's Agent
Demostenes Nunez
Tremont Realty Group, LLC
Buyer's Agent
Edwin Mendez
TruePath Realty LLC
List Price
$299,700
Sold Price
$290,000
Premium/Discount to List
-$9,700
-3.24%
Current Estimated Value
$812,002

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$522,002
Avg. Annual Appreciation
9.44%
Original Mortgage
$280,321
Outstanding Balance
$212,432
Interest Rate
4.18%
Mortgage Type
FHA
Estimated Equity
$599,570

Purchase Details

Listed on
Oct 29, 2012
Closed on
Oct 17, 2013
Sold by
Williams Bill
Bought by
Jimenez Luis
Seller's Agent
Bill D
Charlesgate Realty Group, llc
Buyer's Agent
Demostenes Nunez
Tremont Realty Group, LLC
List Price
$249,900
Sold Price
$190,000
Premium/Discount to List
-$59,900
-23.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
49.02%
Original Mortgage
$186,558
Interest Rate
4.58%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 14, 2002
Sold by
Do Lam
Bought by
Williams Bill

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,828
Interest Rate
6.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 5, 2000
Sold by
Tomasello Lydia M Est and Regnante
Bought by
Do Lam
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Mayorga Jorge $290,000 --
Jimenez Luis $190,000 --
Williams Bill $270,000 --
Do Lam $111,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mayorga Jorge $280,321
Previous Owner Jimenez Luis $186,558
Previous Owner Do Lam $273,000
Previous Owner Do Lam $265,828
Previous Owner Do Lam $165,750
Previous Owner Do Lam $165,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/07/2014 11/07/14 Sold $290,000 -3.2% $92 / Sq Ft
10/08/2014 10/08/14 Pending -- -- --
05/28/2014 05/28/14 For Sale $299,700 +57.7% $95 / Sq Ft
10/17/2013 10/17/13 Sold $190,000 -24.0% $60 / Sq Ft View Prior Sale
09/17/2013 09/17/13 Pending -- -- --
10/29/2012 10/29/12 For Sale $249,900 -- $79 / 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 $7,998 $772,013 $184,400 $587,613
2024 $7,574 $719,300 $175,300 $544,000
2023 $7,423 $665,700 $159,600 $506,100
2022 $7,533 $606,000 $136,600 $469,400
2021 $7,138 $547,800 $129,200 $418,600
2020 $6,593 $492,000 $120,000 $372,000
2019 $6,259 $437,700 $103,500 $334,200
2018 $5,725 $377,900 $95,700 $282,200
2017 $5,533 $354,700 $89,600 $265,100
2016 $5,042 $311,600 $77,000 $234,600
2015 -- $287,900 $73,100 $214,800
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2014

    Demostenes Nunez

    Tremont Realty Group, LLC

    (781) 632-9841

    2 in this area

    45 Total Sales

    Demostenes Nunez
    Section Image
  • Edwin Mendez

    Buyer's Agent in 2014

    Edwin Mendez

    TruePath Realty LLC

    (781) 632-3546

    1 in this area

    14 Total Sales

    Edwin Mendez
    Section Image

  • B

    Seller's Agent in 2013

    Bill D

    Charlesgate Realty Group, llc

    12 Total Sales

    Bill D
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71687974

MLS Property Information Network (MLS PIN)

APN: LYNN-000095-000479-000016

Massachusetts Essex County Lynn 01902 Fayette Street

7 Alice Ave, Lynn, MA

Not Listed for Sale

MultiFamily

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