NOT LISTED FOR SALE

Estimated Value: $838,000 - $927,000

5 Beds
5 Baths
3,358 Sq Ft
$268/Sq Ft Est. Value

Last Sold May 24, 2022

Last sale price $775,000 $231 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $5,530/month

3 Days on Market

Highlights

  • Medical Services
  • Property is near public transit
  • Corner Lot
  • Waterfront
  • Wood Flooring
  • 4-minute walk to Cook Street Park

About This Home

As of May 2022

Well maintained and updated three family in a great location. This home sits on a corner lot and has lots of updates, separate metered utilities for each unit, gas heat, and plenty of parking with 2 driveways! The first floor owner’s unit includes a finished basement, modern kitchen, 2 beds and 2 baths. Close to Lynn English high school, Ingalls elementary school, shopping, public transportation, and restaurants. Current tenants pay market rent. This home would be perfect for an owner occupant who wants a low maintenance property.

Last Agent to Sell the Property

Goldpath Real Estate Group

United Brokers Listed on: 04/13/2022

Co-Listed By

Jason Goldfarb

United Brokers

Last Buyer's Agent

Andy Mass

Mass Realty Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,275

Year Built

  • Built in 1880

Lot Details

  • 2,178 Sq Ft Lot
  • Waterfront
  • Fenced
  • Corner Lot

Home Design

  • Block Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,358 Sq Ft Home
  • Insulated Windows
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Storm Doors

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Parking

  • 4 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Location

  • Property is near public transit

Utilities

  • Cooling Available
  • Heating Available
  • 110 Volts
  • 100 Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $2,950
  • Rent includes unit 1(water), unit 2(water), unit 3(water)
  • Assessor Parcel Number M:084 B:702 L:008,2005162

Community Details

Overview

  • 3 Units
  • Property has 2 Levels

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Park

Building Details

  • Net Operating Income $34,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,275

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1880
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Transaction Broker: 2
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 6

Interior Features

  • Flooring: Wood,Tile,Vinyl
  • Interior Amenities: Unit 3 Rooms(Living Room,Kitchen)
  • Door Features: Storm Door(s)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator), Unit 3(Range,Refrigerator), Gas Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Oven
  • Total Bedrooms: 5
  • Full Bathrooms: 5
  • Total Bathrooms: 4
  • Total Bathrooms: 5
  • Basement: Full, Partially Finished
  • Living Area: 3358
  • Stories Total: 6
  • Window Features: Insulated Windows
  • MAIN LO: AC0756
  • LIST PRICE PER Sq Ft: 223.32
  • PRICE PER Sq Ft: 230.79
  • MAIN SO: AN1745

Exterior Features

  • Construction Materials: Frame
  • Fencing: Fenced
  • Foundation Details: Block
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront Features: Beach Front, Bay, Ocean, 1 to 2 Mile To Beach
  • Waterfront YN: Yes

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Off Street, Driveway, Paved, Other
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Oven
  • Cooling: Unit 1(Wall AC), Unit 2(Wall AC), Unit 3(Wall AC)
  • Heating: Unit 1(Gas), Unit 2(Gas)
  • Cooling Y N: Yes
  • Electric: 110 Volts, Circuit Breakers, 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 3

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)

Lot Info

  • Parcel Number: M:084 B:702 L:008,2005162
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.05
  • Lot Size Area: 0.05
  • Lot Size Sq Ft: 2178
  • Lot Size Units: Acres
  • LOT SIZE: 2292
  • PAGE: 175

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 6275
  • Tax Book Number: 34646

Multi Family

  • Gross Income: 34800
  • Net Operating Income: 34800
  • Number Of Units Total: 3
  • Total Actual Rent: 2950
  • LEVELS 1: 2
  • Basement Included Sq Ft: Yes
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2022
Sold by
Raftery-Ramirez M
Bought by
79 Adams Street Ret
Current Estimated Value
$892,690

Purchase Details

Listed on
Sep 12, 2015
Closed on
Jan 8, 2016
Sold by
Razzaboni Caroline
Bought by
Medrano Nelson
Seller's Agent
John Worth
Foremost Realty
Buyer's Agent
John Worth
Foremost Realty
List Price
$249,000
Sold Price
$254,999
Premium/Discount to List
$5,999
2.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.96%
Original Mortgage
$284,145
Interest Rate
5.5%
Mortgage Type
FHA
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
79 Adams Street Ret -- None Available
79 Adams Street Ret -- None Available
Medrano Nelson $254,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ramirez Marycilene R $687,600
Previous Owner Medrano Nelson R $455,000
Previous Owner Medrano Nelson $297,500
Previous Owner Medrano Nelson $284,145
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2022 05/24/22 Sold $775,000 +3.3% $231 / Sq Ft
04/17/2022 04/17/22 Pending -- -- --
04/13/2022 04/13/22 For Sale $749,900 +194.1% $223 / Sq Ft
01/08/2016 01/08/16 Sold $254,999 +2.4% $124 / Sq Ft
09/20/2015 09/20/15 Pending -- -- --
09/12/2015 09/12/15 For Sale $249,000 -- $121 / 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 $7,711 $744,300 $186,500 $557,800
2024 $7,579 $719,800 $168,300 $551,500
2023 $6,732 $603,800 $168,300 $435,500
2022 $6,562 $527,900 $137,600 $390,300
2021 $6,275 $481,600 $125,500 $356,100
2020 $5,710 $426,100 $98,100 $328,000
2019 $5,627 $393,500 $95,700 $297,800
2018 $5,246 $346,300 $92,400 $253,900
2017 $4,444 $284,900 $71,800 $213,100
2016 $4,068 $251,400 $60,500 $190,900
2015 $3,834 $228,900 $65,000 $163,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72962844

MLS Property Information Network (MLS PIN)

APN: LYNN-000084-000702-000008