NOT LISTED FOR SALE

Estimated Value: $784,874 - $850,000

4 Beds
2 Baths
2,388 Sq Ft
$342/Sq Ft Est. Value

Last Sold April 03, 2023

Last sale price $750,000 $314 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,918/month

7 Days on Market

Highlights

  • Medical Services
  • Property is near public transit and schools
  • Jogging Path
  • Deck
  • Wood Flooring
  • Porch

About This Home

As of April 2023

Very well maintained two-family home. Pride of ownership is reflected throughout this property, which has been lovingly cared for by the owner-occupants. This quality residence is ideal for future owner-occupants with extended family, or investors who value above average units, low-maintenance vinyl siding, insulated windows and updated systems. The large walk-up attic offers potential for expansion. The basement has been partially finished with a bonus room/ home office. Utilities are separate between apartments, and natural gas is used for heating, hot water and cooking. Both kitchens are eat-in style, plus each apartment has a central dining room or den. The first floor enjoys easy access to a large, private deck. The second floor has front & rear covered porches. The home is south facing with natural light pouring in through the bay windows and reflecting from the gleaming hardwood floors. Ample parking in the rear. Easy access to major routes.

Last Agent to Sell the Property

Mark Wade

Coldwell Banker Realty - Marblehead Listed on: 02/13/2023

Coldwell Banker Realty - Marblehead

Last Buyer's Agent

Rosa Martinez

Hacienda Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,088

Year Built

  • Built in 1920 | Remodeled

Lot Details

  • 3,909 Sq Ft Lot
  • Gentle Sloping Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,388 Sq Ft Home
  • Property has 1 Level
  • Insulated Doors
  • Storm Doors

Kitchen

  • Freezer
  • Dishwasher
  • Compactor

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Block Basement Construction

Parking

  • 6 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking

Outdoor Features

  • Deck
  • Porch

Location

  • Property is near public transit and schools

Utilities

  • Cooling Available
  • Heating Available
  • 220 Volts
  • 110 Volts
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1990231

Community Details

Recreation

  • Park
  • Jogging Path
  • Bike Trail

Additional Features

  • 2 Units
  • Medical Services

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,088

Year Built

Built in 1920 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Property Condition: Unit 2 Remodeled
  • Year Built: 1920
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Flooring: Carpet,Hardwood, Unit 1(undefined), Unit 2(Hardwood Floors)
  • Interior Amenities: Other (See Remarks), Unit 1(Ceiling Fans,High Speed Internet Hookup,Bathroom With Tub & Shower,Open Floor Plan,Internet Available - Broadband), Unit 2(Ceiling Fans,Pantry,Storage,High Speed Internet Hookup,Bathroom With Tub & Shower,Open Floor Plan,Internet Available - Broadband), Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen)
  • Door Features: Insulated Doors, Storm Door(s)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Dishwasher,Compactor,Refrigerator,Freezer,Washer,Dryer,Vent Hood), Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Dryer
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Laundry Features: Washer Hookup, Unit 2 Laundry Room
  • Basement: Full, Partially Finished, Walk-Out Access, Interior Entry, Concrete
  • Living Area: 2388
  • Stories Total: 3
  • MAIN LO: AN6181
  • MAIN SO: BB9790

Exterior Features

  • Exterior Features: Unit 1 Balcony/Deck, Unit 2 Balcony/Deck
  • Construction Materials: Frame
  • Foundation Details: Stone
  • Patio And Porch Features: Porch, Deck
  • Roof: Shingle
  • Waterfront Features: Beach Front, Ocean, 1 to 2 Mile To Beach
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Paved
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Dryer, Washer Hookup
  • Cooling: Unit 1(Wall AC), Unit 2(Window AC)
  • Heating: Unit 1(Hot Water Radiators,Steam,Gas), Unit 2(Hot Water Radiators,Steam,Gas)
  • Cooling Y N: Yes
  • Electric: 110 Volts, 220 Volts, Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Park, Walk/Jog Trails, Medical Facility, Bike Path, Highway Access, Public School, T-Station

Lot Info

  • Parcel Number: 1990231
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Features: Gentle Sloping
  • Lot Size Acres: 0.09
  • Lot Size Sq Ft: 3909
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7088

Multi Family

  • Number Of Units Total: 2
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: N
  • LEASE 1: N

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2023
Closed on
Mar 31, 2023
Sold by
F A Doucette 2011 Irt and Doucette
Bought by
Lopez Mendez Elmer H
Seller's Agent
Mark Wade
Coldwell Banker Realty - Marblehead
Buyer's Agent
Rosa Martinez
Hacienda Realty
List Price
$699,900
Sold Price
$750,000
Premium/Discount to List
$50,100
7.16%
Views
309
Current Estimated Value
$816,469

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,469
Avg. Annual Appreciation
3.09%
Original Mortgage
$726,596
Outstanding Balance
$703,757
Interest Rate
6.32%
Mortgage Type
FHA
Estimated Equity
$112,712

Purchase Details

Closed on
Aug 23, 2011
Sold by
Doucette Florence A
Bought by
Ir Florence A Doucette

Purchase Details

Closed on
Apr 29, 1987
Sold by
Dinati Theodore A
Bought by
Mccarthy James M

Purchase Details

Closed on
Apr 24, 1968
Bought by
Florence A Doucette Irt
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lopez Mendez Elmer H $750,000 None Available
Lopez Mendez Elmer H $750,000 None Available
Lopez Mendez Elmer H $750,000 None Available
Ir Florence A Doucette -- --
Florence A Doucette Ir A -- --
Mccarthy James M $175,000 --
Florence A Doucette Irt -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Mendez Elmer H $726,596
Closed Lopez Mendez Elmer H $726,596
Previous Owner Florence A Doucette Irt $127,000
Previous Owner Florence A Doucette Irt $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/03/2023 04/03/23 Sold $750,000 +7.2% $314 / Sq Ft
02/21/2023 02/21/23 Pending -- -- --
02/13/2023 02/13/23 For Sale $699,900 -- $293 / 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 $7,771 $750,064 $195,400 $554,664
2024 $7,362 $699,100 $186,100 $513,000
2023 $7,088 $635,700 $181,400 $454,300
2022 $7,115 $572,400 $151,300 $421,100
2021 $6,588 $505,600 $130,500 $375,100
2020 $6,124 $457,000 $123,300 $333,700
2019 $5,930 $414,700 $115,300 $299,400
2018 $5,525 $364,700 $112,300 $252,400
2017 $5,251 $336,600 $99,200 $237,400
2016 $4,814 $297,500 $87,700 $209,800
2015 $4,456 $266,000 $79,700 $186,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73078626

MLS Property Information Network (MLS PIN)

APN: LYNN-000098-000162-000016