$720,000
SOLD AUG 13, 2020

8 Edgemere Rd Unit 10 Lynn, MA 01904

Fays Estate Neighborhood
6 Beds
3 Baths
3,502 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$206 Per Sq Ft

4% Above List Price

170 Days on Market

Highlights

  • Deck
  • Fenced Yard
  • Porch

About This Home

As of August 2020

Back on market due to financing! Awesome three family home for sale in Lynn's Fay's Estate. Two car garage and a nice sized backyard. Each unit is two bedrooms with lots of potential. Property will not pass FHA. Conventional or cash buyers only.

Last Agent to Sell the Property

Melvin Satterwhite

Michael Anthony Real Estate Listed on: 01/15/2020

Last Buyer's Agent

Janet Aguilar

Leading Edge Real Estate

Leading Edge Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,103

Year Built

  • Built in 1920

Lot Details

  • Fenced Yard

Parking

  • 2 Car Garage

Outdoor Features

  • Deck
  • Porch

Utilities

  • Natural Gas Water Heater
  • Oil Water Heater

Additional Features

  • Basement

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,103

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Year Built Description: Actual
  • List Price Per Sq Ft: 198.17
  • Comp Based On: Net Sale Price
  • Year Built: 1920
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1920

Interior Features

  • Total Flrs: 3
  • No Bedrooms: 6
  • Total Brs: 6
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 15
  • Basement: Y
  • Basement Features: Concrete Floor, Unfinished Basement
  • Main Lo: AN2071
  • Main So: AN4643
  • Estimated Sq Ft: 3502.00

Exterior Features

  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Porch, Deck, Fenced Yard
  • Foundation: Concrete Block, Fieldstone

Garage/Parking

  • Parking Feature: Off-Street, Paved Driveway
  • Parking Spaces: 4
  • Garage Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Hot Water: Oil, Natural Gas

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Medical Facility, Highway Access, House of Worship, Public School

Schools

  • Elementary School: Aborn
  • Middle School: Pickering
  • High School: English

Lot Info

  • Assessments: 593600.00
  • Acre: 0.12
  • Lot Size: 5400.00
  • Page: 040
  • Zoning: R1
  • Lot Description: Paved Drive, Fenced/Enclosed

Multi Family

  • Total Levels: 3
  • Total Rms: 15
  • No Units: 3
  • Mf Type: 3 Family - 3 Units Up/Down

Tax Info

  • Taxes: 7954.24
  • Assessor Parcel Number: 1989880

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 14, 2021
Sold by
Hernandez Gabriel A
Bought by
Hernandez Gabriel A and Toribio Denise
Current Estimated Value
$997,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Outstanding Balance
$630,381
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$394,170

Purchase Details

Listed on
Jan 15, 2020
Closed on
Aug 13, 2020
Sold by
Sabelleck-Rivas Edylay and Rivas Salvador F
Bought by
Hernandez Gabriel A
Seller's Agent
Melvin Satterwhite
Michael Anthony Real Estate
Buyer's Agent
Janet Aguilar
Leading Edge Real Estate
List Price
$694,000
Sold Price
$720,000
Premium/Discount to List
$26,000
3.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.43%
Original Mortgage
$684,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 30, 2017
Closed on
Jul 19, 2017
Sold by
Karachontzitis Anastasios and Karachontzitis Liti-Karachontzitis L
Bought by
Rivas Salvador F and Sabelleck Edylay
Seller's Agent
Menny Kalas
Connor Real Estate
Buyer's Agent
Norman Poggio
Skylimit Real Estate LLC
List Price
$560,000
Sold Price
$570,000
Premium/Discount to List
$10,000
1.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.91%
Original Mortgage
$541,500
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 14, 2009
Sold by
Lee Michael and Lee Kim Littles
Bought by
Karachontzitis Anastasios

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
5.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 23, 1998
Sold by
Est Leblanc Laura and Leblanc Steven E
Bought by
Leblanc Steen E and Leblanc Judith M
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Not Resolvable $720,000 None Available
Not Resolvable $570,000 --
Deed $250,000 --
Deed $250,000 --
Deed $137,750 --
Deed $137,750 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $89,400 Credit Line Revolving
Open $680,000 New Conventional
Closed $680,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $684,000 New Conventional
Previous Owner $541,500 New Conventional
Previous Owner $175,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2020 08/13/20 Sold $720,000 +3.7% $206 / Sq Ft
07/03/2020 07/03/20 Pending -- -- --
07/01/2020 07/01/20 For Sale $694,000 0.0% $198 / Sq Ft
05/21/2020 05/21/20 Pending -- -- --
05/04/2020 05/04/20 Price Changed $694,000 -4.3% $198 / Sq Ft
04/06/2020 04/06/20 For Sale $725,000 0.0% $207 / Sq Ft
02/04/2020 02/04/20 Pending -- -- --
01/15/2020 01/15/20 For Sale $725,000 +27.2% $207 / Sq Ft
07/19/2017 07/19/17 Sold $570,000 +1.8% $163 / Sq Ft
05/15/2017 05/15/17 Pending -- -- --
05/13/2017 05/13/17 Price Changed $560,000 0.0% $160 / Sq Ft
05/13/2017 05/13/17 For Sale $560,000 -1.8% $160 / Sq Ft
04/24/2017 04/24/17 Pending -- -- --
04/06/2017 04/06/17 Price Changed $570,000 -4.2% $163 / Sq Ft
01/30/2017 01/30/17 For Sale $595,000 -- $170 / 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 $9,103 $878,700 $204,000 $674,700
2024 $9,088 $863,100 $195,600 $667,500
2023 $8,729 $782,900 $185,900 $597,000
2022 $8,579 $690,200 $154,400 $535,800
2021 $8,196 $629,000 $140,200 $488,800
2020 $7,954 $593,600 $143,400 $450,200
2019 $7,798 $545,300 $136,700 $408,600
2018 $7,301 $481,900 $133,600 $348,300
2017 $6,954 $445,800 $119,000 $326,800
2016 $6,404 $395,800 $102,700 $293,100
2015 $5,919 $353,400 $101,300 $252,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72608229

MLS Property Information Network (MLS PIN)

APN: LYNN-000099-000149-000007