$331,500
SOLD JUN 29, 2015

85 Buffum St Lynn, MA 01902

Downtown Lynn Neighborhood
5 Beds
2 Baths
2,068 Sq Ft
3,920 Sq Ft Lot

Recently Sold

$160 Per Sq Ft

2% Above List Price

45 Days on Market

About This Home

As of May 2021

Nicely maintained two family in prime central location close to amenities, great for owner occupied or investment purchase. Much has been updated within the last five to ten years, little to do! Third level beautifully finished providing additional space. Off street parking for 2 to 3 cars, patio, house setting gives expansive views from the upper levels. This opportunity is not to be missed!!

Last Agent to Sell the Property

Sara Hrono

Century 21 North East Listed on: 04/15/2015

Century 21 North East

Last Buyer's Agent

Cristina Garcia

Coldwell Banker Realty - Marblehead

Coldwell Banker Realty - Marblehead

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,302

Year Built

1905

Lot Details

0

Listing Details

  • Lot Description: Other (See Remarks)
  • Other Agent: 2.50
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1905

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 10
  • Amenities: Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access, T-Station
  • Electric: Circuit Breakers
  • Flooring: Hardwood
  • Basement: Full, Walk Out, Concrete Floor

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Vinyl
  • Exterior Features: Patio, Storage Shed
  • Foundation: Brick

Garage/Parking

  • Parking: Off-Street, Paved Driveway
  • Parking Spaces: 2

Utilities

  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range

Lot Info

  • Assessor Parcel Number: M:082 B:621 L:009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2021
Closed on
May 17, 2021
Sold by
Avalo Jesse I
Bought by
Castillo Juana and Melendez Mario
Seller's Agent
Felix Gutierrez
Rey Realty Group
Buyer's Agent
Pierre Jean-Louis
Premium Realty & Insurance Services
List Price
$574,999
Sold Price
$621,000
Premium/Discount to List
$46,001
8%
Current Estimated Value
$789,709

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,709
Avg. Annual Appreciation
5.75%
Original Mortgage
$600,274
Outstanding Balance
$549,743
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$234,841

Purchase Details

Listed on
Apr 15, 2015
Closed on
Jun 29, 2015
Sold by
Lux Chhormpisey
Bought by
Avalo Jessie I
Seller's Agent
Sara Hrono
Century 21 North East
Buyer's Agent
Cristina Garcia
Coldwell Banker Realty - Marblehead
List Price
$324,900
Sold Price
$331,500
Premium/Discount to List
$6,600
2.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.25%
Original Mortgage
$320,436
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 4, 2014
Sold by
Lux Chhormpisey and Lux Rachana
Bought by
Lux Chhormpisey

Purchase Details

Closed on
Aug 17, 2009
Sold by
Keenan Erminie W
Bought by
Lux Chhormpisey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,098
Interest Rate
5.36%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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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 Type Sale Price Title Company
Not Resolvable $621,000 None Available
Not Resolvable $331,500 --
Quit Claim Deed -- --
Quit Claim Deed -- --
Deed $165,000 --
Deed $165,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $25,952 FHA
Open $600,274 FHA
Closed $600,274 FHA
Previous Owner $320,436 FHA
Previous Owner $151,098 Purchase Money Mortgage
Previous Owner $322,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2021 05/17/21 Sold $621,000 +8.0% $235 / Sq Ft
04/14/2021 04/14/21 Pending -- -- --
04/09/2021 04/09/21 For Sale $574,999 +73.5% $218 / Sq Ft
06/29/2015 06/29/15 Sold $331,500 +2.0% $160 / Sq Ft
05/30/2015 05/30/15 Pending -- -- --
04/15/2015 04/15/15 For Sale $324,900 -- $157 / 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 $7,302 $704,794 $171,800 $532,994
2024 $6,939 $659,000 $165,700 $493,300
2023 $6,570 $589,200 $130,600 $458,600
2022 $6,751 $543,100 $118,000 $425,100
2021 $6,295 $483,100 $104,600 $378,500
2020 $5,830 $435,100 $98,500 $336,600
2019 $5,507 $385,100 $83,200 $301,900
2018 $5,101 $336,700 $82,500 $254,200
2017 $4,694 $300,900 $72,500 $228,400
2016 $4,140 $255,900 $54,600 $201,300
2015 -- $192,600 $51,900 $140,700
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2021

    Felix Gutierrez

    Rey Realty Group

    (857) 205-2729

    1 in this area

    45 Total Sales

    Felix Gutierrez
    Section Image
  • Pierre Jean-Louis

    Buyer's Agent in 2021

    Pierre Jean-Louis

    Premium Realty & Insurance Services

    (781) 244-0817

    1 in this area

    52 Total Sales

    Pierre Jean-Louis
    Section Image
  • Sara Hrono

    Seller's Agent in 2015

    Sara Hrono

    Century 21 North East

    (617) 222-0931

    179 Total Sales

    Sara Hrono
    Section Image

  • C

    Buyer's Agent in 2015

    Cristina Garcia

    Coldwell Banker Realty - Marblehead

    2 Total Sales

    Cristina Garcia
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71817917

MLS Property Information Network (MLS PIN)

APN: LYNN-000082-000621-000009

Massachusetts Essex County Lynn 01902 Downtown Lynn

85 Buffum St, Lynn, MA

This home is located at 85 Buffum St, Lynn, MA 01902 and is currently priced at $331,500, approximately $160 per square foot. This property was built in 1905. 85 Buffum St is a home located in Essex County with nearby schools including E.J. Harrington School, William R. Fallon School, and Fecteau-Leary Junior/Senior High 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.

MLS Property Information Network (MLS PIN) 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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