NOT LISTED FOR SALE

85 Washington St Lynn, MA 01902

Central Lynn Neighborhood

Estimated Value: $581,000 - $861,000

6 Beds
6 Baths
2,362 Sq Ft
$311/Sq Ft Est. Value

Last Sold August 27, 2021

Last sale price $730,000 $309 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,451/month

14 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • Tandem Parking
  • Corner Lot

About This Home

As of August 2021

Excellent opportunity for owner occupants or investors! - First floor unit consists of 2 bedrooms, Second unit consists of 2nd and 3rd floor with 4 bedrooms, 2 full bathrooms, both units have living room and dining room, hardwood floors throughout. 2 car parking. Great location close to transportation, shops, restaurants. Showings begin at open house 6/19 & 6/20 12-1:30 pm.

Last Agent to Sell the Property

Liliana Monroy

Century 21 Mario Real Estate Listed on: 06/17/2021

Century 21 Mario Real Estate

Last Buyer's Agent

Samyr Rojas

eXp Realty

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,900

Year Built

  • Built in 1900

Lot Details

  • 1,742 Sq Ft Lot
  • Corner Lot

Home Design

  • Stone Foundation
  • Shingle Roof

Interior Spaces

  • 2,362 Sq Ft Home
  • Property has 1 Level
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Full Bathrooms

Parking

  • 2 Car Parking Spaces
  • Tandem Parking

Additional Features

  • Porch
  • Electric Water Heater

Community Details

  • 2 Units
  • Net Operating Income $50,400

Listing and Financial Details

  • Total Actual Rent $4,200
  • Assessor Parcel Number M:070 B:649 L:007,2003807

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,900

Year Built

Built in 1900

Lot Details

1,742 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1900
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood,Tile
  • Fireplace YN: No
  • Appliances: Electric Water Heater
  • Total Bedrooms: 6
  • Full Bathrooms: 6
  • Total Bathrooms: 3
  • Basement: Full
  • Living Area: 2362
  • Stories Total: 3
  • MAIN LO: BB2945
  • MAIN SO: AN5486

Exterior Features

  • Foundation Details: Stone
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Tandem
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel Number: M:070 B:649 L:007,2003807
  • Zoning: R4
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.04
  • Lot Size Sq Ft: 1742.4
  • Lot Size Units: Acres
  • LOT SIZE: 1814

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 5900

Multi Family

  • Net Operating Income: 50400
  • Number Of Units Total: 2
  • Total Actual Rent: 4200
  • LEVELS 1: 1
  • LEASE 2: N
  • LEASE 1: N

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2021
Closed on
Aug 27, 2021
Sold by
Lanaverde Oscar and Maribel-Moran Hilda
Bought by
Castro Hector and Molina-Castro Kenia N
Seller's Agent
Liliana Monroy
Century 21 Mario Real Estate
Buyer's Agent
Samyr Rojas
eXp Realty
List Price
$659,900
Sold Price
$730,000
Premium/Discount to List
$70,100
10.62%
Current Estimated Value
$734,390

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,390
Avg. Annual Appreciation
0.13%
Original Mortgage
$714,285
Outstanding Balance
$644,253
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$90,137

Purchase Details

Closed on
Dec 22, 2010
Sold by
Aurora Loan Services L
Bought by
Landaverde Oscar and Moran Hilda Maribel

Purchase Details

Closed on
Dec 7, 2010
Sold by
Rzezuski Steven and Aurora Loan Svcs Llc
Bought by
Aurora Loan Svcs Llc

Purchase Details

Closed on
Apr 9, 2004
Sold by
Raponi Armando J and Ciampa Joseph
Bought by
Rzuzuski Steven

Purchase Details

Closed on
Oct 3, 2003
Sold by
85 Washington St Rt and Jofronas
Bought by
Ciampa Joseph and Raponi Armando J

Purchase Details

Closed on
Jan 29, 1999
Sold by
Modugno Joseph R and Modugno Mary B
Bought by
85 Washington St Rt and Sofronas
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Castro Hector $730,000 None Available
Castro Hector $730,000 None Available
Castro Hector $730,000 None Available
Landaverde Oscar $121,100 --
Landaverde Oscar $121,100 --
Aurora Loan Svcs Llc $135,000 --
Aurora Loan Svcs Llc $135,000 --
Rzuzuski Steven $320,000 --
Rzuzuski Steven $320,000 --
Ciampa Joseph $257,000 --
Ciampa Joseph $257,000 --
85 Washington St Rt $60,000 --
85 Washington St Rt $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castro Hector $714,285
Closed Castro Hector $714,285
Previous Owner 85 Washington St Rt $321,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/27/2021 08/27/21 Sold $730,000 +10.6% $309 / Sq Ft
07/01/2021 07/01/21 Pending -- -- --
06/17/2021 06/17/21 For Sale $659,900 -- $279 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $7,561 $729,793 $179,000 $550,793
2024 $7,181 $682,000 $172,600 $509,400
2023 $6,799 $609,800 $136,000 $473,800
2022 $6,650 $535,000 $122,900 $412,100
2021 $5,900 $452,800 $109,000 $343,800
2020 $5,469 $408,100 $102,600 $305,500
2019 $5,154 $360,400 $86,700 $273,700
2018 $4,787 $316,000 $85,900 $230,100
2017 $4,555 $292,000 $75,600 $216,400
2016 $4,009 $247,800 $56,900 $190,900
2015 $3,739 $223,200 $54,100 $169,100
Source: Public Records

Agents Affiliated with this Home

  • Liliana Monroy

    Seller's Agent in 2021

    Liliana Monroy

    Century 21 Mario Real Estate

    (877) 765-3221

    2 in this area

    76 Total Sales

    Liliana Monroy
    Section Image

  • S

    Buyer's Agent in 2021

    Samyr Rojas

    eXp Realty

    (857) 234-7952

    1 in this area

    30 Total Sales

    Samyr Rojas
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72851547

MLS Property Information Network (MLS PIN)

APN: LYNN-000070-000649-000007

Massachusetts Essex County Lynn 01902 Central Lynn

85 Washington St, Lynn, MA

Not Listed for Sale

MultiFamily

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