NOT LISTED FOR SALE

Estimated Value: $711,000 - $940,000

5 Beds
2 Baths
1,831 Sq Ft
$436/Sq Ft Est. Value

Last Sold December 07, 2022

Last sale price $700,000 $382 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,483/month

19 Days on Market

Highlights

  • Medical Services
  • Balcony
  • Cooling Available
  • Property is near public transit
  • Porch
  • 4-minute walk to North Strand Bike Path

About This Home

As of December 2022

Excellent opportunity for an owner-occupant to purchase this well maintained 2-family property. Conveniently located to Rt-99 & Rt-1, this home features hardwood floors, separate utilities, newer natural gas HVAC heating/AC systems for each unit, newer hot water heaters, updated electrical panels and off-street parking. Additional living space could be added by finishing the 3rd level. Open House Sun 10/2, 11-12:30pm

Last Agent to Sell the Property

Stephen Velonis

Coldwell Banker Realty - Lynnfield Listed on: 09/14/2022

Coldwell Banker Realty - Lynnfield

Last Buyer's Agent

Adam Shulman

Leading Edge Real Estate

Leading Edge Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,361

Year Built

  • Built in 1900

Lot Details

  • 3,101 Sq Ft Lot
  • Level Lot

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,831 Sq Ft Home
  • Property has 1 Level
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Bulkhead
  • Balcony
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Cooling Available
  • Heating Available
  • Gas Water Heater

Listing and Financial Details

  • Rent includes unit 1(water), unit 2(water)
  • Assessor Parcel Number 600178

Community Details

Overview

  • 2 Units

Amenities

  • Medical Services
  • Shops

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,361

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1900
  • Buyer Agency: 2
  • Transaction Broker: 1
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Appraiser
  • Special Features: None
  • Stories: 3

Interior Features

  • Fireplace YN: No
  • Appliances: Gas Water Heater,Tank Water Heater
  • Total Bedrooms: 5
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full, Bulkhead
  • Living Area: 1831
  • Stories Total: 3
  • MAIN LO: AN6181
  • LIST PRICE PER Sq Ft: 382.25
  • PRICE PER Sq Ft: 382.3
  • MAIN SO: BB9927

Exterior Features

  • Exterior Features: Balcony
  • Construction Materials: Frame
  • Foundation Details: Other
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Unit 1(Central Air), Unit 2(Central Air)
  • Heating: Unit 1(Forced Air,Gas), Unit 2(Forced Air,Gas)
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Medical Facility, Highway Access, House of Worship, Public School
  • Rent Includes: Unit 1(Water), Unit 2(Water)

Lot Info

  • Parcel Number: 600178
  • Zoning: ResA
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Size Sq Ft: 3101
  • Lot Size Units: Acres
  • PAGE: 507
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6361
  • Tax Book Number: 53376

Multi Family

  • Number Of Units Total: 2
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 2
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 12, 2018
Sold by
Milton Nt
Bought by
Milter Properties Llc
Total Days on Market
19
Current Estimated Value
$797,614

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 8, 2013
Sold by
Ruggiero Paul J
Bought by
Milton Nt and Ruggiero Paul J

Purchase Details

Closed on
May 8, 2013
Sold by
Ruggiero Paul J and Ruggiero Jenna
Bought by
Ruggiero Paul J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2009
Sold by
Bilsbury Carol A and Galvin Susan
Bought by
Ruggiero Paul J and Ruggiero Jenna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,287
Interest Rate
5.36%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Milter Properties Llc -- --
Milton Nt -- --
Ruggiero Paul J -- --
Ruggiero Paul J $270,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Le Ty $560,000
Closed Milter Properties Llc $300,000
Previous Owner Milton Nt $75,000
Previous Owner Milton Nt $58,332
Previous Owner Ruggiero Paul J $244,000
Previous Owner Ruggiero Paul J $249,287
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2022 12/07/22 Sold $700,000 0.0% $382 / Sq Ft
10/04/2022 10/04/22 Pending -- -- --
09/14/2022 09/14/22 For Sale $699,900 -- $382 / 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 $72 $632,500 $280,600 $351,900
2024 $6,965 $595,800 $265,500 $330,300
2023 $6,675 $547,600 $242,700 $304,900
2022 $6,361 $515,100 $220,000 $295,100
2021 $6,097 $496,100 $201,000 $295,100
2020 $5,887 $465,400 $191,100 $274,300
2019 $5,767 $434,600 $182,000 $252,600
2018 $5,526 $392,200 $153,600 $238,600
2017 $5,399 $381,000 $153,600 $227,400
2016 $5,024 $331,400 $146,000 $185,400
2015 $4,862 $309,100 $137,700 $171,400
2014 $4,577 $284,300 $125,200 $159,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73036576

MLS Property Information Network (MLS PIN)

APN: MALD-000132-000682-000214