Seller's Agent in 2021
Katie DiVirgilio
RE/MAX
(617) 285-9847
11 in this area
256 Total Sales
8 Melvin Ave Lynn, MA 01902
Eastern Avenue NeighborhoodEstimated Value: $540,648 - $583,000
3
Beds
2
Baths
1,388
Sq Ft
$410/Sq Ft
Est. Value
About This Home
As of January 2021Opportunity Awaits! Welcome home to 8 Melvin Avenue. Perfectly situated along the Swampscott line, on a level 5,790 sqft lot w/1,220 sqft of living space. This home has one of the largest yards in the neighborhood. A charming front porch & entry welcome you. Hardwood flooring sweeps around to the living room & separate dining room. A large eat-in kitchen, full bath & laundry/mudroom area off the rear yard, complete this level. The 2nd floor boasts 3 generously sized bedrooms, w/an additional 4th bonus room & 2nd full bathroom. Pull-down access to your large stand-up attic. Vinyl siding & replacement windows make for a low maintenance exterior. Updated systems & large basement. Steps to the MBTA bus & to the Swampscott rail station. 25 minute trip to Boston. A short .8 miles to the beach and close to Lynn Woods. Exceptional value, this opportunity to own a home will not last! No offers will be reviewed prior to the deadline on Monday 12/7, at 5 pm. Please allow full 48 hours for review.
Home Details
Home Type
- Single Family
Year Built
- Built in 1910
Lot Details
- 5,663
Utilities
- Heating System Uses Gas
- Natural Gas Water Heater
Additional Features
- Wood Flooring
- Porch
- Property is zoned R1
- Basement
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 3, 2020
Closed on
Jan 20, 2021
Sold by
Robertson Irene P and Robertson William J
Bought by
Bhowmick Dabi and Singh Dipok
Seller's Agent
Katie DiVirgilio
RE/MAX 360
Buyer's Agent
Reva Capital Realty
Reva Capital Realty
List Price
$369,900
Sold Price
$420,100
Premium/Discount to List
$50,200
13.57%
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
$149,312
Avg. Annual Appreciation
6.34%
Original Mortgage
$324,800
Outstanding Balance
$289,221
Interest Rate
2.71%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$280,191
Purchase Details
Listed on
Dec 3, 2020
Closed on
Jan 19, 2021
Sold by
Robertson Thomas F
Bought by
Robertson Patricia A
Seller's Agent
Katie DiVirgilio
RE/MAX 360
Buyer's Agent
Reva Capital Realty
Reva Capital Realty
List Price
$369,900
Sold Price
$420,100
Premium/Discount to List
$50,200
13.57%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,800
Outstanding Balance
$289,221
Interest Rate
2.71%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$280,191
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bhowmick Dabi | $420,100 | None Available | |
| Bhowmick Dabi | $420,100 | None Available | |
| Robertson Patricia A | -- | None Available | |
| Robertson Patricia A | -- | None Available | |
| Robertson Patricia A | -- | None Available | |
| Robertson Patricia A | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bhowmick Dabi | $324,800 | |
| Closed | Bhowmick Dabi | $324,800 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/22/2021 01/22/21 | Sold | $420,100 | +13.6% | $303 / Sq Ft |
| 12/10/2020 12/10/20 | Pending | -- | -- | -- |
| 12/03/2020 12/03/20 | For Sale | $369,900 | -- | $266 / 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 | $4,729 | $456,500 | $209,800 | $246,700 |
| 2024 | $4,531 | $430,300 | $197,300 | $233,000 |
| 2023 | $4,449 | $399,000 | $194,600 | $204,400 |
| 2022 | $4,225 | $339,900 | $156,600 | $183,300 |
| 2021 | $4,269 | $327,600 | $132,400 | $195,200 |
| 2020 | $4,145 | $309,300 | $129,300 | $180,000 |
| 2019 | $4,153 | $290,400 | $120,800 | $169,600 |
| 2018 | $4,130 | $272,600 | $130,200 | $142,400 |
| 2017 | $3,758 | $240,900 | $107,400 | $133,500 |
| 2016 | $3,786 | $234,000 | $107,800 | $126,200 |
| 2015 | $3,660 | $218,500 | $107,800 | $110,700 |
Source: Public Records
Agents Affiliated with this Home
-
Katie DiVirgilio
-
Reva Capital Realty
Buyer's Agent in 2021
Reva Capital Realty
Reva Capital Realty
1 in this area
20 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72763445
APN: LYNN-000105-000422-000065
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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