NOT LISTED FOR SALE

7 Ritchie Rd Lynn, MA 01904

Lynn Woods Neighborhood

Estimated Value: $568,000 - $729,000

3 Beds
2 Baths
1,474 Sq Ft
$451/Sq Ft Est. Value

Last Sold March 29, 2013

Last sale price $277,000 $188 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $4,026/month

146 Days on Market

About This Home

As of March 2013

Fabulous location! This nicely updated cape offers large fireplace living room, formal dining room with hardwood floors, 1 1/2 baths, and huge master suite. Enjoy summer in the wonderful leveled yard, with patio. Plenty of space for family entertainment! Group showing tomorrow. Seller had requested NO showing for this Sunday!

Last Agent to Sell the Property

Lucia Ponte

Trinity Real Estate Listed on: 10/31/2012

Last Buyer's Agent

Kathy Brown

Windhill Realty, LLC

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,458

Year Built

1950

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1950

Interior Features

  • Has Basement: Yes
  • Fireplaces: 1
  • Number of Rooms: 7
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Public School
  • Electric: Circuit Breakers
  • Energy: Insulated Windows, Storm Windows, Storm Doors
  • Flooring: Wood, Tile, Wall to Wall Carpet, Hardwood
  • Insulation: Fiberglass
  • Basement: Full, Bulkhead, Sump Pump, Concrete Floor
  • Bedroom 2: Second Floor, 12X11
  • Bedroom 3: Second Floor, 11X11
  • Bathroom #1: First Floor
  • Bathroom #2: Second Floor
  • Kitchen: First Floor, 14X12
  • Living Room: First Floor, 12X24
  • Master Bedroom: Second Floor, 12X22
  • Master Bedroom Description: Flooring - Wall to Wall Carpet
  • Dining Room: First Floor, 11X13

Exterior Features

  • Construction: Frame
  • Exterior: Aluminum
  • Exterior Features: Patio, Fenced Yard
  • Foundation: Poured Concrete

Garage/Parking

  • Garage Parking: Attached
  • Garage Spaces: 1
  • Parking: Off-Street
  • Parking Spaces: 2

Utilities

  • Hot Water: Oil
  • Utility Connections: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup

Condo/Co-op/Association

  • HOA: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2012
Closed on
Mar 29, 2013
Sold by
Gagnon Gregory and Gagnon Danae
Bought by
Duffy Stephen E and Duffy Sarah
Seller's Agent
Lucia Ponte
Trinity Real Estate
Buyer's Agent
Kathy Brown
Windhill Realty, LLC
List Price
$279,900
Sold Price
$277,000
Premium/Discount to List
-$2,900
-1.04%
Current Estimated Value
$664,993

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$387,993
Avg. Annual Appreciation
7.13%
Original Mortgage
$271,982
Outstanding Balance
$183,086
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$481,907

Purchase Details

Closed on
Nov 14, 2008
Sold by
Fhlmc
Bought by
Gagnon Danae and Gagnon Gregory

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,015
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 20, 2005
Sold by
Sweeney Maureen H and Sweeney Timothy W
Bought by
Lagambina Pauline M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,400
Interest Rate
6.34%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 28, 2003
Sold by
Bauer Arthur and Bauer Denise
Bought by
Sweeney Maureen H and Sweeney Timothy W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,350
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 9, 1993
Sold by
Demakis Gregory C and Demakis Joan
Bought by
Bauer Arthur and Bauer Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
7.21%
Mortgage Type
Purchase Money Mortgage
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
Duffy Stephen E $277,000 --
Gagnon Danae $265,900 --
Fhlmc $237,095 --
Lagambina Pauline M $368,000 --
Sweeney Maureen H $333,000 --
Bauer Arthur $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duffy Stephen E $271,982
Previous Owner Gagnon Danae $226,015
Previous Owner Lagambina Pauline M $294,400
Previous Owner Sweeney Maureen H $316,350
Previous Owner Bauer Arthur $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2013 03/29/13 Sold $277,000 -1.0% $188 / Sq Ft
03/26/2013 03/26/13 Pending -- -- --
10/31/2012 10/31/12 For Sale $279,900 -- $190 / 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 $6,458 $623,400 $226,400 $397,000
2024 $6,060 $575,500 $209,400 $366,100
2023 $5,849 $524,600 $202,300 $322,300
2022 $5,816 $467,900 $169,200 $298,700
2021 $5,529 $424,300 $166,400 $257,900
2020 $5,623 $419,600 $176,300 $243,300
2019 $5,495 $384,300 $152,700 $231,600
2018 $5,537 $365,500 $165,900 $199,600
2017 $5,134 $329,100 $142,800 $186,300
2016 $4,953 $306,100 $130,500 $175,600
2015 -- $286,200 $130,500 $155,700
Source: Public Records

Agents Affiliated with this Home

  • Lucia Ponte

    Seller's Agent in 2013

    Lucia Ponte

    Trinity Real Estate

    (781) 883-8130

    1 in this area

    61 Total Sales

    Lucia Ponte
    Section Image
  • Kathy Brown

    Buyer's Agent in 2013

    Kathy Brown

    Windhill Realty, LLC

    (978) 697-5053

    39 Total Sales

    Kathy Brown
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71452944

MLS Property Information Network (MLS PIN)

APN: LYNN-000064-000046-000010

Massachusetts Essex County Lynn 01904 Lynn Woods

7 Ritchie Rd, Lynn, MA

Not Listed for Sale

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