NOT LISTED FOR SALE

89 Allen Ave Unit 91 Lynn, MA 01902

Highlands Neighborhood

Estimated Value: $860,378 - $1,011,000

5 Beds
3 Baths
3,385 Sq Ft
$276/Sq Ft Est. Value

Last Sold December 15, 2020

Last sale price $615,000 $182 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $5,808/month

5 Days on Market

Highlights

  • Wood Flooring
  • Patio
  • 3-minute walk to Cook Street Park
  • Porch

About This Home

As of December 2020

Rare 3 family home brand new to the market on a nice street in Lynn. Floors 1 & 2 feature 2 bedrooms and 1 full bath while floor 3 has 1 bedroom and a full bath. Outside the first floor there is a beautiful landscaped private courtyard just the right size for entertaining and the 2nd and 3rd floors have their own back porches perfect for enjoying the fresh air. Their is 1 over sized garage and a driveway big enough for at least 3 cars. All 3 units have eat in kitchens and are fully equipped with working stoves & refrigerators. Seller occupies the first floor which will be delivered vacant and the 2nd and 3rd floor are tenants at will at below market rent and are aware that depending on the buyers plans and the new rent, that they may have to move. There are separate oil tanks for the first & second floor and there is gas heat on the third floor. The best chance to see all 3 floors is to come to the first open house on Sat Oct 10 from 1-2:30pm. Face masks are mandatory.

Last Agent to Sell the Property

Thomas Lynch

A. James Lynch, Inc. License #454000157 Listed on: 10/08/2020

Co-Listed By

Michael Feinberg

RE/MAX 360

Last Buyer's Agent

Raquel Santoni

Simple Key Realty Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,588

Year Built

  • Built in 1900

Lot Details

  • 3,920

Parking

  • 1 Car Garage

Flooring

  • Wood Flooring

Outdoor Features

  • Patio
  • Porch

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:084 B:689 L:013

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,588

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 183.13
  • Comp Based On: Net Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Flooring: Hardwood
  • Total Flrs: 6
  • No Bedrooms: 5
  • Total Brs: 5
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 14
  • Basement: Y
  • Basement Features: Full
  • Main Lo: C67700
  • Main So: NB5311
  • Estimated Sq Ft: 3385.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 1 to 2 Mile
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Porch, Patio
  • Foundation: Fieldstone

Garage/Parking

  • Parking Spaces: 3
  • Garage Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Sewage District: Lynn
  • Heat Zones: 3
  • Utility Connections: for Gas Range, for Electric Range

Condo/Co-op/Association

  • Amenities: Public Transportation, Public School

Lot Info

  • Assessments: 537700.00
  • Acre: 0.09
  • Lot Size: 3751.00
  • Page: 291
  • Parcel Number: M:084 B:689 L:013
  • Zoning: R2
  • Lot Description: Paved Drive, Gentle Slope

Green Features

  • Energy Features: Insulated Windows

Multi Family

  • Heat Units: 3
  • Total Levels: 3
  • Total Rms: 15
  • No Units: 3
  • Mf Type: 3 Family

Tax Info

  • Taxes: 7205.00
  • Assessor Parcel Number: 2004859
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2020
Closed on
Dec 15, 2020
Sold by
Treantos Maureen
Bought by
Velazquez Samuel
Seller's Agent
Thomas Lynch
A. James Lynch, Inc.
Buyer's Agent
Raquel Santoni
Simple Key Realty Inc.
List Price
$619,900
Sold Price
$615,000
Premium/Discount to List
-$4,900
-0.79%
Current Estimated Value
$934,595

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$319,595
Avg. Annual Appreciation
9.35%
Original Mortgage
$594,474
Outstanding Balance
$533,803
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$400,792
Source: Public Records

Range of Values:

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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
Velazquez Samuel $615,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velazquez Samuel $594,474
Previous Owner Treantos Maureen $285,000
Previous Owner Treantos Maureen $243,500
Previous Owner Treantos Maureen $251,250
Previous Owner Treantos Maureen $100,000
Previous Owner Treantos Maureen $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2020 12/15/20 Sold $615,000 -0.8% $182 / Sq Ft
10/13/2020 10/13/20 Pending -- -- --
10/08/2020 10/08/20 For Sale $619,900 -- $183 / 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 $8,588 $829,000 $194,900 $634,100
2024 $8,460 $803,400 $175,900 $627,500
2023 $8,211 $736,400 $175,900 $560,500
2022 $8,031 $646,100 $143,900 $502,200
2021 $7,873 $604,200 $131,200 $473,000
2020 $7,205 $537,700 $102,500 $435,200
2019 $7,073 $494,600 $100,000 $394,600
2018 $6,548 $432,200 $96,600 $335,600
2017 $6,086 $390,100 $75,100 $315,000
2016 $5,587 $345,300 $63,300 $282,000
2015 $5,189 $309,800 $67,900 $241,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72740229

MLS Property Information Network (MLS PIN)

APN: LYNN-000084-000689-000013