NOT LISTED FOR SALE

757 Summer St Unit 759 Lynn, MA 01905

Austin Square Neighborhood

Estimated Value: $822,000 - $1,268,000

6 Beds
3 Baths
3,744 Sq Ft
$285/Sq Ft Est. Value

Last Sold September 15, 2023

Last sale price $1,040,000 $278 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $6,461/month

7 Days on Market

Highlights

  • Deck
  • Porch
  • Coin Laundry
  • Property is near public transit
  • Patio
  • 4-minute walk to GEAA Field

About This Home

As of September 2023

MULTIPLE OFFERS NOTICATION - ****Highest and Best by Thursday at noon ********, Welcome to Summer St! GREAT OPPORTUNITY FOR INVESTORS or FIRST HOME BUYERS! This 3 family property is waiting for you. This house was almost entirely reconstructed and renovated. Beautiful hardwood floors, all 3 unities open floor kitchens with new cabinets, granite countertop, all bathrooms were renovated. Bedrooms with great space!!6 rooms in each unit. 6 parking spaces on the back of the building. All three units heating system was converted to gas 10y ago.10years old ROOF. This is a very nice location, near from a public transportation and schools. UNIT 1 - lease ends April/2024. UNIT 2 - lease is over -now is tenancy at will. UNIT 3 - lease ends January/2024. First showing at OPEN HOUSE-Friday 5:30pm to 6:30pm/ Sat 11am to 1pm/ Sun 11am to 1pm

Last Agent to Sell the Property

Maria Silveira

Century 21 North East Listed on: 08/09/2023

Century 21 North East

Last Buyer's Agent

Daniel Danon

Pradium Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,056

Year Built

  • Built in 1920

Lot Details

  • 4,000 Sq Ft Lot
  • Fenced

Home Design

  • 3,744 Sq Ft Home
  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation
  • Stone

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 6 Car Parking Spaces
  • Driveway
  • Open Parking

Outdoor Features

  • Deck
  • Patio
  • Porch

Location

  • Property is near public transit

Schools

  • Julia F Cal Elementary School
  • Breed Middle School
  • Fecteau-Leary J High School

Utilities

  • Heating System Uses Natural Gas
  • Satellite Dish

Listing and Financial Details

  • Total Actual Rent $7,400
  • Assessor Parcel Number M:020 B:292 L:010,1994044

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Additional Features

  • Coin Laundry
  • Net Operating Income $88,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,056

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1920
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Vinyl,Carpet
  • Fireplace YN: No
  • Total Bedrooms: 6
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full, Partially Finished, Walk-Out Access
  • Living Area: 3744
  • Other Equipment: Satellite Dish
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: AN4339
  • MAIN SO: AN3778

Exterior Features

  • Exterior Features: Porch,Deck,Deck - Wood,Patio,Fenced Yard,Satellite Dish
  • Construction Materials: Frame, Stone
  • Fencing: Fenced/Enclosed, Fenced
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Deck, Deck - Wood, Patio
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Heating YN: Yes
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Laundromat, T-Station
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:020 B:292 L:010,1994044
  • Zoning: R4
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.09
  • Lot Size Sq Ft: 4000
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 9056

Multi Family

  • Net Operating Income: 88800
  • Number Of Units Total: 3
  • Total Actual Rent: 7400
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 3: 3

MLS Schools

  • High School: Fecteau-Leary J
  • Elementary School: Julia F Cal
  • Middle Or Junior School: Breed Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2023
Closed on
Sep 15, 2023
Sold by
Izidoro Wesley S
Bought by
Danon Daniel and Oztunaoglu Selen
Seller's Agent
Maria Silveira
Century 21 North East
Buyer's Agent
Daniel Danon
Pradium Realty
List Price
$949,987
Sold Price
$1,040,000
Premium/Discount to List
$90,013
9.48%
Views
27
Current Estimated Value
$1,067,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,728
Avg. Annual Appreciation
1.19%
Original Mortgage
$735,750
Outstanding Balance
$718,554
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$349,174

Purchase Details

Closed on
Dec 23, 2011
Sold by
Jomakey Inc
Bought by
Izidoro Wesley S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,902
Interest Rate
3.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 27, 2011
Sold by
Silva Junio B
Bought by
Jomakey Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,902
Interest Rate
3.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 8, 2002
Sold by
Bernando Cleide
Bought by
Silva Junio B

Purchase Details

Closed on
May 12, 1989
Sold by
Countie John
Bought by
Tenaglia Robert W
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
Danon Daniel $1,040,000 None Available
Izidoro Wesley S $280,000 --
Izidoro Wesley S $280,000 --
Jomakey Inc $170,000 --
Jomakey Inc $170,000 --
Silva Junio B $378,500 --
Silva Junio B $378,500 --
Tenaglia Robert W $185,000 --
Tenaglia Robert W $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Danon Daniel $735,750
Previous Owner Tenaglia Robert W $272,902
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2023 09/15/23 Sold $1,040,000 +9.5% $278 / Sq Ft
08/17/2023 08/17/23 Pending -- -- --
08/13/2023 08/13/23 For Sale $949,987 0.0% $254 / Sq Ft
08/13/2023 08/13/23 Off Market $949,987 -- --
08/09/2023 08/09/23 For Sale $949,987 -- $254 / 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 $10,332 $997,300 $194,200 $803,100
2024 $9,138 $867,800 $180,600 $687,200
2023 $9,056 $812,200 $199,800 $612,400
2022 $8,696 $699,600 $153,000 $546,600
2021 $8,195 $628,900 $132,200 $496,700
2020 $7,923 $591,300 $135,600 $455,700
2019 $7,058 $493,600 $121,100 $372,500
2018 $6,416 $423,500 $109,200 $314,300
2017 $6,079 $389,700 $95,600 $294,100
2016 $5,655 $349,500 $88,000 $261,500
2015 $5,233 $312,400 $90,500 $221,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73146634

MLS Property Information Network (MLS PIN)

APN: LYNN-000020-000292-000010