78 Lexington St Lynn, MA 01902
Chatham Street Neighborhood
5
Beds
3
Baths
2,743
Sq Ft
7,260
Sq Ft Lot
Highlights
- Medical Services
- Property is near public transit
- Living Room
- Granite Flooring
- Porch
- Shops
About This Home
As of October 2024Come check out "pride in ownership" at 78 Lexington Street. Beautifully maintained and updated three family. Fantastic location on the Salem, Swampscott line and beaches. Unit 1 and Unit 2 have identical layouts with 2 bedrooms, living room, eat in kitchen, pantry and a great back deck for open space. Unit 1 updated 2023. Did you say open space? You should see the large yard with plenty of off-street parking and a grassy lawn to host your bbq. Third floor is spacious with open floor plan, living room,1 bedroom with walk-in closet, updated kitchen (2023), in unit laundry and a deck. Fully fenced in yard for Fido. This is a must see! Basement is lit and clean with laundry hook-up for two units, all separate metered for gas, electric and 3 hot water tanks. Second floor de-leaded. All windows replaced over the last 5 years. Please see attached list of updates on MLS. Unit 3 delivered vacant for new owner.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,926
Year Built
- Built in 1915
Lot Details
- 7,260 Sq Ft Lot
- Fenced
- Level Lot
Home Design
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 2,743 Sq Ft Home
- Ceiling Fan
- Insulated Windows
- Living Room
- Basement Fills Entire Space Under The House
Kitchen
- Range
- Dishwasher
Flooring
- Wood
- Laminate
- Granite
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Laundry
- Dryer
- Washer
Parking
- 6 Car Parking Spaces
- Driveway
- Open Parking
- Off-Street Parking
Outdoor Features
- Porch
Location
- Property is near public transit
- Property is near schools
Utilities
- Central Air
- Heating System Uses Natural Gas
Listing and Financial Details
- Total Actual Rent $3,800
- Rent includes unit 1(water), unit 2(water), unit 3(water)
- Assessor Parcel Number M:098 B:447 L:020,1998061
Community Details
Overview
- 3 Units
- Property has 1 Level
Amenities
- Medical Services
- Shops
Building Details
- Net Operating Income $41,400
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 29, 2016
Closed on
May 26, 2016
Sold by
Nguyen Trung and Nguyen Sabrina
Bought by
Howard Brady J
Seller's Agent
Leslie Pappas
Coldwell Banker Realty - Beverly
Buyer's Agent
Paula DAngelo-Pickett
Coldwell Banker Realty - Marblehead
List Price
$424,900
Sold Price
$450,000
Premium/Discount to List
$25,100
5.91%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$533,698
Avg. Annual Appreciation
8.79%
Original Mortgage
$434,981
Interest Rate
3.75%
Mortgage Type
FHA
Purchase Details
Closed on
Dec 18, 2015
Sold by
Nguyen Trung and Nguyen Manh
Bought by
Nguyen Trung and Nguyen Sabrina
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
3.89%
Mortgage Type
New Conventional
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Not Resolvable | $450,000 | -- | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $678,300 | Purchase Money Mortgage | |
| Closed | $678,300 | Purchase Money Mortgage | |
| Closed | $100,000 | Second Mortgage Made To Cover Down Payment | |
| Closed | $395,000 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $434,981 | FHA | |
| Previous Owner | $215,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/31/2024 10/31/24 | Sold | $969,000 | 0.0% | $353 / Sq Ft |
| 10/01/2024 10/01/24 | Pending | -- | -- | -- |
| 09/24/2024 09/24/24 | For Sale | $969,000 | +115.3% | $353 / Sq Ft |
| 05/26/2016 05/26/16 | Sold | $450,000 | +5.9% | $177 / Sq Ft |
| 04/05/2016 04/05/16 | Pending | -- | -- | -- |
| 03/29/2016 03/29/16 | For Sale | $424,900 | -- | $167 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $8,994 | $868,100 | $214,700 | $653,400 |
| 2024 | $8,926 | $847,700 | $204,500 | $643,200 |
| 2023 | $8,649 | $775,700 | $199,300 | $576,400 |
| 2022 | $8,506 | $684,300 | $166,300 | $518,000 |
| 2021 | $8,038 | $616,900 | $143,500 | $473,400 |
| 2020 | $7,670 | $572,400 | $135,500 | $436,900 |
| 2019 | $7,496 | $524,200 | $126,700 | $397,500 |
| 2018 | $7,027 | $463,800 | $123,400 | $340,400 |
| 2017 | $6,653 | $426,500 | $109,000 | $317,500 |
| 2016 | $5,508 | $340,400 | $96,400 | $244,000 |
| 2015 | $4,973 | $296,900 | $87,600 | $209,300 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2024
Alice Sahakian
Century 21 North East
(781) 910-0262
1 in this area
67 Total Sales
-
K
Buyer's Agent in 2024
Kara Maciorowski
Lyv Realty
1 in this area
4 Total Sales
-
L
Seller's Agent in 2016
Leslie Pappas
Coldwell Banker Realty - Beverly
-
Buyer's Agent in 2016
Paula DAngelo-Pickett
Coldwell Banker Realty - Marblehead
(781) 913-6663
1 in this area
129 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73293900
APN: LYNN-000098-000447-000020
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.
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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