NOT LISTED FOR SALE

77 Lynn Shore Dr Lynn, MA 01902

Diamond District Neighborhood

Estimated Value: $1,342,000 - $1,901,476

8 Beds
7 Baths
5,571 Sq Ft
$289/Sq Ft Est. Value

Last Sold October 12, 2021

Last sale price $1,450,000 $260 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $10,569/month

About This Home

As of October 2021

Spectacular direct open ocean views from all units.Watch the sunrise from your multiple oceanfront decks, bedrooms and living room.Words can not describe this big brick multi unit that sits directly across from Kings Beach near the Swampscott Lynn line. Skylights ,h.w.floors, granite counters, walnut bar, top shelf tenants pay heat, separate heating systems , $7,550-monthly rental income, with room for increases, new water main from street 2017, new ac units and exterior brick repointing in 2020 2 car garage plus 4 driveway spots. surrounding this bit of paradise is a grass yard&brick wall with white wrought iron railings for the perfect July 4th barbecue and fireworks !Logan International Airport is an ez 20 minute drive.Not in a flood zone No flood insurance required.This very unique property will not last!The Lynn Seaport Oceanfront is booming with new development.This could be the ultimate beach front B&B....Mortgage pre approval letter or proof of funds required to view property

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2021
Closed on
Oct 12, 2021
Sold by
Gfy Inc
Bought by
Brockman George and Brockman Janice
Seller's Agent
Rosanna Beauvais
R. S. B. Realty
Buyer's Agent
John Beauvais
R. S. B. Realty
List Price
$1,490,000
Sold Price
$1,450,000
Premium/Discount to List
-$40,000
-2.68%
Current Estimated Value
$1,670,903

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,903
Avg. Annual Appreciation
0.56%
Original Mortgage
$725,000
Outstanding Balance
$674,726
Interest Rate
3.25%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$806,737

Purchase Details

Closed on
Aug 18, 2015
Sold by
T S
Bought by
Gfy Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$530,000
Interest Rate
4.08%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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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
Brockman George $1,450,000 None Available
Gfy Inc $840,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brockman George $725,000
Closed Brockman George $725,000
Previous Owner Gfy Inc $530,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2021 10/12/21 Sold $1,450,000 -2.7% $260 / Sq Ft
08/15/2021 08/15/21 Pending -- -- --
07/26/2021 07/26/21 For Sale $1,490,000 -- $267 / Sq Ft

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 $17,583 $1,697,200 $383,300 $1,313,900
2024 $18,317 $1,739,500 $442,000 $1,297,500
2023 $17,466 $1,566,500 $409,600 $1,156,900
2022 $17,695 $1,423,600 $334,800 $1,088,800
2021 $17,184 $1,318,800 $328,800 $990,000
2020 $16,127 $1,203,500 $294,500 $909,000
2019 $15,837 $1,107,500 $285,900 $821,600
2018 $14,892 $983,000 $288,100 $694,900
2017 $14,461 $927,000 $274,200 $652,800
2016 $13,761 $850,500 $268,600 $581,900
2015 $12,959 $773,700 $277,900 $495,800
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    Rosanna Beauvais

    R. S. B. Realty

  • J

    Buyer's Agent in 2021

    John Beauvais

    R. S. B. Realty

    1 in this area

    3 Total Sales

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Map

Massachusetts Essex County Lynn 01902 Diamond District

77 Lynn Shore Dr, Lynn, MA

This home is located at 77 Lynn Shore Dr, Lynn, MA 01902 and is currently estimated at $1,610,619, approximately $289 per square foot. 77 Lynn Shore Dr 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.

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