NOT LISTED FOR SALE

7 Norcross Terrace Lynn, MA 01902

Diamond District Neighborhood

Estimated Value: $400,000 - $441,935

3 Beds
1 Bath
1,084 Sq Ft
$388/Sq Ft Est. Value

Last Sold May 05, 2020

Last sale price $235,000 $217 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $2,645/month

17 Days on Market

About This Home

As of May 2020

Well cared for and very affordable Cape close to the beach and transportation. Newer kitchen, replacement windows, new doors, newer roof, new high efficiency heating system makes this cute home easy to maintain. 12 Miles to Boston and convenient to all North Shore beaches and locations. WHY RENT WHEN YOU CAN OWN THIS FOR LESS!!!

Last Agent to Sell the Property

Biagio Bovenga

Berkshire Hathaway HomeServices Commonwealth Real Estate License #456014382 Listed on: 03/11/2020

Last Buyer's Agent

Meaghan Murphy

Keller Williams Realty Evolution

Keller Williams Realty Evolution

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,605

Year Built

  • Built in 1880

Lot Details

  • 2,178

Interior Spaces

  • Window Screens
  • Range
  • Basement

Flooring

  • Wood
  • Parquet
  • Wall to Wall Carpet
  • Tile

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Water Holding Tank
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Rain Gutters
  • Property is zoned R1

Listing and Financial Details

  • Assessor Parcel Number M:093 B:559 L:033

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,605

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Cape
  • Other Agent: 2.25
  • Year Built Description: Actual
  • List Price Per Sq Ft: 253.60
  • Comp Based On: Net Sale Price
  • Year Built: 1880
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1880

Interior Features

  • Flooring: Wood, Tile, Wall to Wall Carpet, Hardwood, Parquet
  • Interior Amenities: Cable Available
  • Appliances: Range, Washer, Dryer
  • No Bedrooms: 3
  • Master Bedroom: On Level: Second Floor, Closet, Flooring - Hardwood
  • Bedroom 2: On Level: Second Floor, Closet, Flooring - Hardwood
  • Bedroom 3: On Level: Second Floor, Flooring - Hardwood
  • Full Bathrooms: 1
  • Bathroom 1: On Level: First Floor
  • No Rooms: 6
  • Dining Room: On Level: First Floor, Flooring - Laminate, Exterior Access
  • Kitchen: On Level: First Floor, Bathroom - Full, Flooring - Wood, Pantry, Stainless Steel Appliances
  • Living Room: On Level: First Floor, Flooring - Wall to Wall Carpet, Flooring - Wood
  • Basement: Y
  • Basement Features: Full, Bulkhead, Sump Pump
  • Main Lo: G95128
  • Main So: AN1405
  • Estimated Sq Ft: 1084.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 1/10 to 3/10
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Asbestos
  • Exterior Features: Gutters, Screens
  • Foundation: Fieldstone
  • Foundation Size: 30x30
  • Insulation Feature: Mixed, Unknown

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 220 Volts, Circuit Breakers
  • Sewage District: Lynn
  • Heating: Forced Air, Gas
  • Heat Zones: 1
  • Hot Water: Natural Gas, Tank
  • Utility Connections: for Gas Range, Washer Hookup

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Bike Path, House of Worship, Marina, Private School, Public School, T-Station, University

Lot Info

  • Assessments: 248800.00
  • Acre: 0.05
  • Lot Size: 2030.00
  • Page: 509
  • Parcel Number: M:093 B:559 L:033
  • Zoning: R1
  • Lot Description: Paved Drive

Green Features

  • Energy Features: Insulated Windows, Insulated Doors

Tax Info

  • Taxes: 3334.00
  • Assessor Parcel Number: 2001251

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2020
Closed on
Apr 22, 2020
Sold by
Mcdonald Andrew
Bought by
Dibartolomeo Leonard
Seller's Agent
Biagio Bovenga
Berkshire Hathaway HomeServices Commonwealth Real Estate
Buyer's Agent
Meaghan Murphy
Keller Williams Realty Evolution
List Price
$274,900
Sold Price
$235,000
Premium/Discount to List
-$39,900
-14.51%
Current Estimated Value
$428,363

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,363
Avg. Annual Appreciation
11.70%

Purchase Details

Listed on
Jul 5, 2014
Closed on
Sep 2, 2014
Sold by
Sargent William P and Sargent June L
Bought by
Mcdonald Andrew
Seller's Agent
Vanessa Dollins
Martel Real Estate
Buyer's Agent
Travis Barfield
Coldwell Banker Realty - Boston
List Price
$159,900
Sold Price
$155,000
Premium/Discount to List
-$4,900
-3.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.60%
Original Mortgage
$147,250
Interest Rate
4.14%
Mortgage Type
New Conventional
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
Dibartolomeo Leonard $235,000 None Available
Mcdonald Andrew $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcdonald Andrew $147,250
Previous Owner Sargent William $13,000
Previous Owner Sargent William $111,000
Previous Owner Sargent William $61,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2020 05/05/20 Sold $235,000 -14.5% $217 / Sq Ft
03/28/2020 03/28/20 Pending -- -- --
03/11/2020 03/11/20 For Sale $274,900 +77.4% $254 / Sq Ft
09/02/2014 09/02/14 Sold $155,000 0.0% $143 / Sq Ft
08/23/2014 08/23/14 Pending -- -- --
07/16/2014 07/16/14 Off Market $155,000 -- --
07/05/2014 07/05/14 For Sale $159,900 -- $148 / 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 $3,605 $348,000 $166,200 $181,800
2024 $3,488 $331,200 $159,000 $172,200
2023 $3,564 $319,600 $170,000 $149,600
2022 $3,124 $251,300 $118,800 $132,500
2021 $3,364 $258,200 $108,800 $149,400
2020 $3,334 $248,800 $111,800 $137,000
2019 $3,072 $214,800 $86,300 $128,500
2018 $3,077 $203,100 $97,000 $106,100
2017 $2,728 $174,900 $85,200 $89,700
2016 $2,514 $155,400 $71,100 $84,300
2015 $2,491 $148,700 $75,300 $73,400
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2020

    Biagio Bovenga

    Berkshire Hathaway HomeServices Commonwealth Real Estate

    Section Image

  • M

    Buyer's Agent in 2020

    Meaghan Murphy

    Keller Williams Realty Evolution

    Section Image
  • Vanessa Dollins

    Seller's Agent in 2014

    Vanessa Dollins

    Martel Real Estate

    (781) 424-6225

    11 Total Sales

    Section Image

  • T

    Buyer's Agent in 2014

    Travis Barfield

    Coldwell Banker Realty - Boston

    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72631671

MLS Property Information Network (MLS PIN)

APN: LYNN-000093-000559-000033

Massachusetts Essex County Lynn 01902 Diamond District

7 Norcross Terrace, Lynn, MA

This home is located at 7 Norcross Terrace, Lynn, MA 01902 since 11 March 2020 and is currently estimated at $420,984, approximately $388 per square foot. This property was built in 1880. 7 Norcross Terrace is a home located in Essex County with nearby schools including Brickett Elementary School, William R. Fallon School, and Marshall Middle School.

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.

MLS Property Information Network (MLS PIN) 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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