NOT LISTED FOR SALE

Estimated Value: $808,000 - $881,000

5 Beds
3 Baths
2,746 Sq Ft
$302/Sq Ft Est. Value

Last Sold December 20, 2021

Last sale price $630,000 $229 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $4,849/month

8 Days on Market

About This Home

As of December 2021

Grab the chance NOW to own this solid three-family home in up-and-coming Lynn. Loads of upside potential. Perfect for seasoned investors and owner occupants alike. Situated on quaint and historic Lafayette Park. Massive fenced-in yard and three-car driveway. Close to King's Beach, Red Rock Park, Lynn Shore Reservation, MBTA commuter rail, Lynn's Central Square, Goldfish Pond Park, the Diamond Historic District, and the Mary Baker Eddy Historic House. Loads of amenities nearby. Easy access to routes 95, 1, and 1A. Currently owner-occupied, this property will be delivered vacant.

Last Agent to Sell the Property

John Campbell

Boston Area Home Search Listed on: 10/30/2021

Last Buyer's Agent

Michael Malkin

Redfin Corp.

Redfin Corp.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,939

Year Built

  • 1860

Lot Details

  • 5,663

Additional Features

  • Property has 1 Level
  • 2 Heating Zones

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,939

Year Built

1860

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • Directions: Broad Street to Lewis Street to Lafayette Park or Ocean Street to Lewis Street to Lafayette Park.
  • Garage Yn: No
  • Road Frontage Type: Public
  • Year Built Details: Actual
  • Special Features: None
  • Year Built: 1860

Interior Features

  • Appliances: Unit 1(Range,Refrigerator,Freezer,Vent Hood), Unit 2(Range,Refrigerator,Freezer,Vent Hood), Unit 3(Range,Refrigerator,Freezer), Gas Water Heater, Utility Connections for Electric Dryer
  • Has Basement: Full, Concrete, Unfinished
  • Total Bathrooms: 3
  • MAIN LO: AN2586
  • LIST PRICE PER Sq Ft: 218.14
  • PRICE PER Sq Ft: 229.42
  • MAIN SO: NB3534
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace: No
  • Flooring: Hardwood, Unit 1(undefined), Unit 2(Hardwood Floors), Unit 3(Hardwood Floors,Stone/Ceramic Tile Floor)
  • Interior Amenities: Unit 1(Bathroom with Shower Stall,Country Kitchen,Internet Available - Broadband), Unit 2(Bathroom With Tub & Shower,Country Kitchen,Internet Available - Broadband), Unit 3(Bathroom with Shower Stall,Internet Available - Broadband), Unit 1 Rooms(Living Room,Kitchen,Family Room), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen)
  • Stories: 6
  • Window Features: Insulated Windows, Storm Window(s), Screens

Exterior Features

  • Roof: Shingle
  • Exterior Features: Rain Gutters, Storage, Garden
  • Foundation Details: Stone
  • Construction Type: Frame
  • Exclusions: Owner's Personal Possessions, Dryer In Basement.
  • Fencing: Fenced/Enclosed, Fenced
  • Home Warranty: No
  • Patio And Porch Features: Porch, Patio
  • Waterfront Features: Beach Front, 3/10 to 1/2 Mile To Beach
  • Waterfront: Yes

Garage/Parking

  • Parking Features: Paved Drive, Off Street
  • Open Parking: Yes
  • Total Parking Spaces: 5

Utilities

  • Cooling: Unit 1(Window AC), Unit 2(Window AC), Unit 3(Window AC)
  • Heating: Unit 1(Hot Water Radiators,Gas), Unit 2(Hot Water Radiators,Gas,Unit Control), Unit 3(Hot Water Radiators,Gas,Unit Control)
  • SEWAGE DISTRICT: LWSC
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • COOLING ZONES: 0
  • Cooling Y N: Yes
  • Electric: 110 Volts, Circuit Breakers, 100 Amp Service
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup
  • Sewer: Public Sewer
  • Utilities: for Electric Dryer, Washer Hookup
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station
  • Senior Community: No

Schools

  • Elementary School: Brickett
  • High School: Lynn English
  • Middle Or Junior School: Marshall

Lot Info

  • LOT SIZE: 5576
  • PAGE: 441
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 5662.8
  • Zoning: BD

Multi Family

  • LEVELS 1: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2
  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 6475
  • Tax Book Number: 16190
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2021
Closed on
Dec 20, 2021
Sold by
Gomez Noel A
Bought by
Duan John and Mei Judy
Seller's Agent
John Campbell
Boston Area Home Search
Buyer's Agent
Michael Malkin
Redfin Corp.
List Price
$599,000
Sold Price
$630,000
Premium/Discount to List
$31,000
5.18%
Current Estimated Value
$804,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,812
Avg. Annual Appreciation
6.75%
Original Mortgage
$472,500
Outstanding Balance
$440,670
Interest Rate
3.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$358,901

Purchase Details

Closed on
Feb 9, 2000
Sold by
7 Lafayette Pk Rt
Bought by
Gomez Noel A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Interest Rate
7.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 6, 1988
Sold by
Capano Mario C
Bought by
7 Lafayette Pk Rt
Source: Public Records

Range of Values:

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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
Duan John $630,000 None Available
Gomez Noel A $154,000 --
7 Lafayette Pk Rt $126,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duan John $472,500
Previous Owner 7 Lafayette Pk Rt $292,400
Previous Owner 7 Lafayette Pk Rt $255,000
Previous Owner 7 Lafayette Pk Rt $180,000
Previous Owner 7 Lafayette Pk Rt $154,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2021 12/20/21 Sold $630,000 +5.2% $229 / Sq Ft
11/08/2021 11/08/21 Pending -- -- --
10/30/2021 10/30/21 For Sale $599,000 -- $218 / 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 $6,939 $669,800 $194,300 $475,500
2024 $6,903 $655,600 $185,900 $469,700
2023 $6,876 $616,700 $198,800 $417,900
2022 $6,994 $562,700 $155,200 $407,500
2021 $6,475 $496,900 $127,200 $369,700
2020 $6,290 $469,400 $130,700 $338,700
2019 $5,809 $406,200 $100,900 $305,300
2018 $5,609 $370,200 $113,400 $256,800
2017 $5,419 $347,400 $99,600 $247,800
2016 $4,904 $303,100 $83,200 $219,900
2015 $4,590 $274,000 $88,100 $185,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72914518

MLS Property Information Network (MLS PIN)

APN: LYNN-000094-000521-000052