NOT LISTED FOR SALE

Estimated Value: $930,000 - $1,209,000

9 Beds
3 Baths
3,693 Sq Ft
$291/Sq Ft Est. Value

Last Sold November 07, 2024

Last sale price $1,140,000 $309 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $6,276/month

4 Days on Market

Highlights

  • Medical Services
  • Wood Flooring
  • Jogging Path
  • Property is near public transit and schools
  • Upgraded Countertops
  • Balcony

About This Home

As of November 2024

***MULTIPLE OFFERS NOTIFICATION***ALL OFFERS DUE MON 9/9 @ 3PM! BUYERS & INVESTORS!This VACANT & EXPANSIVE 3-family in West Lynn on a quiet dead-end street offers 3 large,turn-key ready units!Each unit features 5 Rooms w/ 3 Large Bedrooms,Living Room,Dining Room,Galley Kitchen,& 1 Full Bathroom.High ceilings,Gleaming Hardwood Floors,and Plenty of Light Throughout!Updates include new heating systems,hot water heaters,and electrical service. Included with this property is a 1500 sq. ft lot across the street perfect for parking-making it a rare find in this area.Whether you're looking to generate rental income or occupy one unit while renting out the others,this property offers versatility and value. Its desirable location in Lynn places you close to local amenities, public transportation, and major highways, making it an attractive option for a wide range of potential tenants. Don’t miss your chance to own this property! First Showings at Open House Sunday 9/8 11AM-1PM!

Last Agent to Sell the Property

Sherre Weza

Venture Listed on: 09/04/2024

Venture

Last Buyer's Agent

Rosa Martinez

Hacienda Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,333

Year Built

  • Built in 1890

Lot Details

  • 2,475 Sq Ft Lot
  • Street terminates at a dead end
  • Fenced

Home Design

  • Block Foundation
  • Stone Foundation
  • Rubber Roof

Interior Spaces

  • 3,693 Sq Ft Home
  • Ceiling Fan
  • Insulated Windows
  • Living Room
  • Dining Room
  • Washer and Electric Dryer Hookup

Kitchen

  • Range with Range Hood
  • Freezer
  • Upgraded Countertops

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • 8 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Shed
  • Porch

Location

  • Property is near public transit and schools

Utilities

  • Forced Air Heating System
  • 3 Heating Zones
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number M:036 B:783 L:020,2007519

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Park
  • Jogging Path
  • Bike Trail

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,333

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1890
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Compensation Offered but Not in MLS
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Tile, Laminate, Hardwood
  • Interior Amenities: Ceiling Fan(s), Walk-In Closet(s), Bathroom With Tub & Shower, Internet Available - Unknown, Upgraded Cabinets, Upgraded Countertops, Living Room, Dining Room, Kitchen
  • Fireplace YN: No
  • Appliances: Range, Refrigerator, Freezer, Range Hood
  • Total Bedrooms: 9
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Basement: Full, Walk-Out Access, Interior Entry, Unfinished
  • Living Area: 3693
  • Spa YN: No
  • Stories Total: 6
  • Window Features: Insulated Windows
  • MAIN LO: B95159
  • MAIN SO: BB9790

Exterior Features

  • Exterior Features: Balcony/Deck, Balcony
  • Fencing: Fenced/Enclosed
  • Foundation Details: Block, Stone
  • Home Warranty YN: No
  • Other Structures: Shed(s)
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public, Dead End
  • Roof: Rubber
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Dryer, Washer Hookup
  • Heating: Forced Air, Natural Gas
  • Electric: 200+ Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • Hot Water: Electric

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, House of Worship, Private School, Public School
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:036 B:783 L:020,2007519
  • Zoning: R4
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.06
  • Lot Size Sq Ft: 2475
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 8333

Multi Family

  • Number Of Units Total: 3
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2024
Closed on
Nov 7, 2024
Sold by
Irving Development Llc
Bought by
Chavez Carlos L
Seller's Agent
Sherre Weza
Venture
Buyer's Agent
Rosa Martinez
Hacienda Realty
List Price
$1,049,900
Sold Price
$1,140,000
Premium/Discount to List
$90,100
8.58%
Views
9
Current Estimated Value
$1,073,374

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$66,626
Avg. Annual Appreciation
-4.86%
Original Mortgage
$855,000
Outstanding Balance
$844,656
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$228,718

Purchase Details

Closed on
Mar 13, 2024
Sold by
Echevarria Luis and Pina Lourdes
Bought by
Irving Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$665,000
Interest Rate
6.63%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 9, 2003
Sold by
Pina Lourdes and Echevarria Luis A
Bought by
Echevarria Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,250
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 6, 1994
Sold by
Felice Patrick and Felice Josephine
Bought by
Lauture Morel
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
Chavez Carlos L $1,140,000 None Available
Irving Development Llc $685,000 None Available
Echevarria Luis -- --
Echevarria Luis -- --
Lauture Morel $124,000 --
Lauture Morel $124,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chavez Carlos L $855,000
Previous Owner Irving Development Llc $665,000
Previous Owner Lauture Morel $266,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/07/2024 11/07/24 Sold $1,140,000 +8.6% $309 / Sq Ft
09/08/2024 09/08/24 Pending -- -- --
09/04/2024 09/04/24 For Sale $1,049,900 -- $284 / 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 $8,424 $813,100 $180,500 $632,600
2024 $8,333 $791,400 $165,800 $625,600
2023 $7,865 $705,400 $147,700 $557,700
2022 $8,005 $644,000 $146,100 $497,900
2021 $7,312 $561,200 $108,500 $452,700
2020 $6,782 $506,100 $90,600 $415,500
2019 $6,482 $453,300 $77,800 $375,500
2018 $6,099 $402,600 $85,100 $317,500
2017 $5,958 $381,900 $83,600 $298,300
2016 $5,453 $337,000 $71,200 $265,800
2015 $4,878 $291,200 $64,800 $226,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73285470

MLS Property Information Network (MLS PIN)

APN: LYNN-000036-000783-000020