NOT LISTED FOR SALE

72 Melvin Ave Lynn, MA 01902

Eastern Avenue Neighborhood

Estimated Value: $553,210 - $587,000

3 Beds
1 Bath
1,322 Sq Ft
$429/Sq Ft Est. Value

Last Sold May 24, 2019

Last sale price $355,000 $269 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $3,538/month

8 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating System
  • Storage Shed

About This Home

As of May 2019

Imagine enjoying the summer in the classic New England charm of this well-maintained colonial, just minutes from the highly desirable Lynn Shore Drive coastal walking trails & beaches, shopping, dining & COMMUTER RAIL. This charming home is situated on a quiet dead-end street, steps from the Swampscott line. Highlights include a bright & cheerful kitchen, a living room with a lovely bay window and loads of natural light as well as GLEAMING HARDWOOD FLOORS. Enjoy relaxing on the four-season sun porch with beautiful slate floors that overlook a large fenced-in yard perfect for gardening. The second floor boasts 3 bedrooms & an updated full bathroom. Other updates include new water heater (2018), newer heating system (2014), replacement windows throughout and an updated roof (2005). This lovingly cared for home is just waiting for a new family to make it their own!

Last Agent to Sell the Property

The Mavroules Team

Good Deeds Realty Partners Listed on: 04/03/2019

Co-Listed By

Andrea Bennett

William Raveis R.E. & Home Services

Last Buyer's Agent

Maria Babakhanova

Redfin Corp.

Redfin Corp.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,771

Year Built

  • Built in 1900

Lot Details

  • 3,920

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Tile

Laundry

  • Dryer
  • Washer

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas
  • Natural Gas Water Heater

Additional Features

  • Range
  • Storage Shed
  • Property is zoned R1
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:105 B:422 L:042

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,771

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Colonial
  • Other Agent: 2.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 253.33
  • Comp Based On: Net Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1900

Interior Features

  • Flooring: Wood, Tile, Wall to Wall Carpet, Laminate
  • Appliances: Range, Refrigerator, Washer, Dryer
  • No Bedrooms: 3
  • Master Bedroom: On Level: Second Floor, Dimension: 15X9, Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet
  • Bedroom 2: On Level: Second Floor, Dimension: 12X12, Closet, Flooring - Wall to Wall Carpet
  • Bedroom 3: On Level: Second Floor, Dimension: 11X9, Closet, Flooring - Wall to Wall Carpet
  • Full Bathrooms: 1
  • No Rooms: 6
  • Kitchen: On Level: First Floor, Dimension: 19X14, Ceiling Fan(s), Flooring - Stone/Ceramic Tile, Chair Rail
  • Living Room: On Level: First Floor, Dimension: 15X12, Flooring - Hardwood, Window(s) - Bay/Bow/Box
  • Basement: Y
  • Basement Features: Full, Concrete Floor, Unfinished Basement
  • Other Room 1: Name: Sun Room, On Level: First Floor, Dimension: 11X20, Ceiling Fan(s), Closet, Flooring - Stone/Ceramic Tile
  • Main Lo: NB9147
  • Main So: NB3534
  • Estimated Sq Ft: 1322.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 1/2 to 1 Mile
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Aluminum
  • Exterior Features: Storage Shed
  • Foundation: Fieldstone

Garage/Parking

  • Parking Feature: Off-Street, Paved Driveway
  • Parking Spaces: 3

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Fuses, 100 Amps
  • Cooling: Window AC
  • Heating: Forced Air, Gas
  • Heat Zones: 1
  • Hot Water: Natural Gas
  • Utility Connections: for Electric Oven, for Electric Dryer, Washer Hookup

Schools

  • Elementary School: Aborn

Lot Info

  • Assessments: 267500.00
  • Acre: 0.09
  • Lot Size: 4050.00
  • Page: 501
  • Parcel Number: M:105 B:422 L:042
  • Zoning: R1
  • Lot Description: Paved Drive, Fenced/Enclosed, Level

Green Features

  • Energy Features: Storm Windows

Tax Info

  • Taxes: 3825.00
  • Assessor Parcel Number: 1997608

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2019
Closed on
May 21, 2019
Sold by
Demeter Dean R and Demeter Janine M
Bought by
Aboukloub Nader
Seller's Agent
The Mavroules Team
Good Deeds Realty Partners
Buyer's Agent
Maria Babakhanova
Redfin Corp.
List Price
$334,900
Sold Price
$355,000
Premium/Discount to List
$20,100
6%
Current Estimated Value
$567,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$212,053
Avg. Annual Appreciation
6.35%
Original Mortgage
$266,250
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2004
Sold by
Hamel Diana L
Bought by
Demeter Janine M and Demeter Dean R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 19, 1997
Sold by
Hamel Steven P
Bought by
Hamel Diana L
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
Aboukloub Nader $355,000 --
Demeter Janine M $257,000 --
Demeter Janine M $257,000 --
Hamel Diana L $52,500 --
Hamel Diana L $52,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aboukloub Nader $255,000
Closed Aboukloub Nader $266,250
Previous Owner Demeter Dean R $228,000
Previous Owner Hamel Diana L $50,000
Previous Owner Hamel Diana L $92,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2019 05/24/19 Sold $355,000 +6.0% $269 / Sq Ft
04/11/2019 04/11/19 Pending -- -- --
04/03/2019 04/03/19 For Sale $334,900 -- $253 / 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 $4,771 $460,500 $199,600 $260,900
2024 $4,566 $433,600 $187,700 $245,900
2023 $4,454 $399,500 $185,100 $214,400
2022 $4,220 $339,500 $149,000 $190,500
2021 $3,951 $303,200 $126,000 $177,200
2020 $3,827 $285,600 $123,000 $162,600
2019 $3,825 $267,500 $114,900 $152,600
2018 $3,792 $250,300 $123,900 $126,400
2017 $3,454 $221,400 $102,200 $119,200
2016 $3,477 $214,900 $102,600 $112,300
2015 $3,348 $199,900 $102,600 $97,300
Source: Public Records

Agents Affiliated with this Home

  • The Mavroules Team

    Seller's Agent in 2019

    The Mavroules Team

    Good Deeds Realty Partners

    (781) 866-6195

    148 Total Sales

    The Mavroules Team
    Section Image
  • Andrea Bennett

    Seller Co-Listing Agent in 2019

    Andrea Bennett

    William Raveis R.E. & Home Services

    (978) 578-5024

    52 Total Sales

    Andrea Bennett
    Section Image

  • M

    Buyer's Agent in 2019

    Maria Babakhanova

    Redfin Corp.

    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72475389

MLS Property Information Network (MLS PIN)

APN: LYNN-000105-000422-000042

Massachusetts Essex County Lynn 01902 Eastern Avenue

72 Melvin Ave, Lynn, MA

This home is located at 72 Melvin Ave, Lynn, MA 01902 since 03 April 2019 and is currently estimated at $567,053, approximately $428 per square foot. This property was built in 1900. 72 Melvin Ave is a home located in Essex County with nearby schools including Aborn 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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