T
Seller's Agent in 2023
The Reference Group
Reference Real Estate
(781) 342-0052
2 in this area
291 Total Sales
7 Lander St Lynn, MA 01902
Fayette Street NeighborhoodEstimated Value: $555,964 - $680,000
4
Beds
2
Baths
1,591
Sq Ft
$380/Sq Ft
Est. Value
Highlights
- Medical Services
- Property is near public transit and schools
- Coin Laundry
- Deck
- Wood Flooring
- 4-minute walk to Goldfish Pond Park
About This Home
As of September 2023This two-unit house in Lynn, MA is the perfect investment opportunity for developers or investors looking for a property in a centrally located area. The property is being sold as is, providing a blank canvas for someone to create their dream home or develop the property to their liking. The first unit is currently vacant, allowing for easy renovation or customization to suit your needs. The second unit is tenanted, providing an immediate income stream for the new owner. This property is conveniently located close to public transportation, making it easy to get around the area. It's also near schools and North Shore Community College, making it an ideal choice for families with children or students. Plus, with a variety of restaurants and other amenities in the area, you'll never be far from the action. If you're looking for a property with great potential in a prime location, this two-unit house in Lynn, MA is an opportunity not to be missed!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,683
Year Built
- Built in 1900
Lot Details
- 1,973
Home Design
- Block Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 1,591 Sq Ft Home
- Property has 1 Level
- Wood Flooring
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Parking
- 1 Car Parking Space
- Driveway
- Open Parking
- Off-Street Parking
Schools
- Marshall Elementary School
- English High School
Utilities
- 110 Volts
- Natural Gas Connected
Additional Features
- Deck
- 1,973 Sq Ft Lot
- Property is near public transit and schools
Listing and Financial Details
- Total Actual Rent $2,300
- Assessor Parcel Number M:082 B:602 L:007,2002895
Community Details
Amenities
- Medical Services
- Coin Laundry
Additional Features
- 2 Units
- Net Operating Income $27,600
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 23, 2009
Sold by
Brownell Anna-Liisa
Bought by
7 Lander St Lynn Nt
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,250
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 1, 2009
Sold by
Diplatzi Michael
Bought by
Brownell Anna-Liisa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,250
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 3, 2009
Sold by
Davis Jillian and Jp Morgan Chase Bk
Bought by
Diplatzi Michael
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,250
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 3, 2002
Sold by
Bucchiere Roy A
Bought by
Coppola Adelina
Purchase Details
Closed on
Aug 29, 2001
Sold by
Romanski Victor J and Palomo Roxana C
Bought by
Bucchiere Roy A
Purchase Details
Closed on
Sep 9, 1993
Sold by
Perkins Andrew B
Bought by
Romanski Victor
Purchase Details
Closed on
Mar 1, 1993
Sold by
Citicorp Mtg Inc
Bought by
Perkins Andrew B
Purchase Details
Closed on
Dec 3, 1992
Sold by
Blackwell Phyllis M
Bought by
Citicorp Mtg Inc
Purchase Details
Closed on
May 3, 1990
Sold by
Lander St Tr
Bought by
Kassel Linda
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 7 Lander St Lynn Nt | -- | -- | |
| Brownell Anna-Liisa | $135,000 | -- | |
| Diplatzi Michael | $66,000 | -- | |
| Coppola Adelina | $175,000 | -- | |
| Bucchiere Roy A | $130,000 | -- | |
| Romanski Victor | $59,500 | -- | |
| Perkins Andrew B | $23,000 | -- | |
| Citicorp Mtg Inc | $135,548 | -- | |
| Kassel Linda | $138,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Kassel Linda | $101,250 | |
| Previous Owner | Kassel Linda | $47,680 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/06/2023 09/06/23 | Sold | $535,000 | -2.7% | $336 / Sq Ft |
| 07/19/2023 07/19/23 | Pending | -- | -- | -- |
| 06/21/2023 06/21/23 | Price Changed | $549,900 | -1.8% | $346 / Sq Ft |
| 06/12/2023 06/12/23 | For Sale | $560,000 | 0.0% | $352 / Sq Ft |
| 06/01/2023 06/01/23 | Pending | -- | -- | -- |
| 05/11/2023 05/11/23 | Price Changed | $560,000 | -2.6% | $352 / Sq Ft |
| 04/28/2023 04/28/23 | For Sale | $575,000 | -- | $361 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $5,489 | $529,826 | $165,900 | $363,926 |
| 2024 | $5,519 | $524,100 | $158,700 | $365,400 |
| 2023 | $5,683 | $509,700 | $169,700 | $340,000 |
| 2022 | $5,480 | $440,900 | $125,500 | $315,400 |
| 2021 | $5,079 | $389,800 | $108,600 | $281,200 |
| 2020 | $4,852 | $362,100 | $111,600 | $250,500 |
| 2019 | $4,452 | $311,300 | $86,200 | $225,100 |
| 2018 | $4,350 | $287,100 | $96,800 | $190,300 |
| 2017 | $4,109 | $263,400 | $85,000 | $178,400 |
| 2016 | $3,704 | $228,900 | $71,000 | $157,900 |
| 2015 | $3,613 | $215,700 | $75,200 | $140,500 |
Source: Public Records
Agents Affiliated with this Home
-
The Reference Group
-
Seth Williams
Seller Co-Listing Agent in 2023
Seth Williams
Reference Real Estate
(617) 680-9322
2 in this area
120 Total Sales
-
Robert Weisenbloom
R
Buyer's Agent in 2023
Robert Weisenbloom
American STAR Realty Group
(978) 905-8111
1 in this area
23 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73104545
APN: LYNN-000082-000602-000007
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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