NOT LISTED FOR SALE

Estimated Value: $927,000 - $1,001,000

8 Beds
3 Baths
2,856 Sq Ft
$338/Sq Ft Est. Value

Last Sold December 23, 2024

Last sale price $990,000 $347 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $5,752/month

5 Days on Market

About This Home

As of December 2024

This three-family home in Lynn presents a fantastic opportunity for the next owner whether you are an owner occupant or an investor, this is a turnkey property in a sought-after neighborhood. This building features two - three-bedroom apartments and one – two-bedroom apartment. All three apartments are in great condition and feature a nicely laid out floor plan. Off street parking, a fenced in backyard, and laundry in the basement make this a convenient building to live in. The location of this three-family home is truly a standout feature; roughly half a mile from the Swampscott commuter rail, close to some of the area's best restaurants, and just over two miles to Vinnin Square Plaza which features Whole Foods, Starbucks, several restaurants, and more! This prime location adds even more value to an already great investment, whether you're looking to live in one unit and rent out the others or rent all three for steady income.

Last Agent to Sell the Property

Nick Cowden

Compass Listed on: 11/13/2024

Compass

Last Buyer's Agent

Juan Cano

Broad Sound Real Estate, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,997

Year Built

  • Built in 1900

Lot Details

  • 4,746

Home Design

  • Triplex
  • Brick Foundation
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,856 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Parking

  • 5 Car Parking Spaces
  • Tandem Parking
  • Driveway
  • Open Parking
  • Off-Street Parking

Additional Features

  • 4,746 Sq Ft Lot
  • 3 Heating Zones

Listing and Financial Details

  • Assessor Parcel Number 2000518

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Building Details

  • Net Operating Income $74,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,997

Year Built

Built in 1900

Lot Details

4,746 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Year Built: 1900
  • Year Built Details: Approximate
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 8
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full
  • Living Area: 2856
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: AN2383
  • MAIN SO: AN3502

Exterior Features

  • Foundation Details: Concrete Perimeter, Brick/Mortar
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Tandem
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Parcel Number: 2000518
  • Zoning: R1
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 4746
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 7997

Multi Family

  • Net Operating Income: 74400
  • Number Of Units Total: 3
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 3: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2024
Closed on
Dec 23, 2024
Sold by
Fish Taylor
Bought by
Munoz Yenni M and Munoz-Palacio Jhonatan
Seller's Agent
Nick Cowden
Compass
Buyer's Agent
Juan Cano
Broad Sound Real Estate, LLC
List Price
$899,000
Sold Price
$990,000
Premium/Discount to List
$91,000
10.12%
Views
16
Current Estimated Value
$966,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$23,604
Avg. Annual Appreciation
-1.91%
Original Mortgage
$891,000
Outstanding Balance
$881,577
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$84,819

Purchase Details

Listed on
Feb 12, 2020
Closed on
Mar 25, 2020
Sold by
Contreras Jose and Contreras Julia
Bought by
Fish Taylor
Seller's Agent
Gloria Menjivar
StartPoint Realty
Buyer's Agent
Lien Vuong
eXp Realty
List Price
$649,900
Sold Price
$659,900
Premium/Discount to List
$10,000
1.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.91%
Original Mortgage
$647,946
Interest Rate
2.75%
Mortgage Type
FHA

Purchase Details

Closed on
May 10, 2004
Sold by
Contreras Jose B
Bought by
Contreras Jose

Purchase Details

Closed on
Jun 8, 2000
Sold by
Gvw Rt and Wattendorf
Bought by
Contreras Jose

Purchase Details

Closed on
Apr 21, 1992
Sold by
Dime Sb New York
Bought by
Gvw Rt

Purchase Details

Closed on
Apr 16, 1987
Sold by
Okeefe Eliz Case
Bought by
Sprague John R
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
Munoz Yenni M $990,000 None Available
Munoz Yenni M $990,000 None Available
Fish Taylor $659,900 None Available
Fish Taylor $659,900 None Available
Contreras Jose -- --
Contreras Jose -- --
Contreras Jose $183,000 --
Contreras Jose $183,000 --
Gvw Rt $28,000 --
Gvw Rt $28,000 --
Sprague John R $156,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Munoz Yenni M $891,000
Closed Munoz Yenni M $891,000
Previous Owner Fish Taylor $647,946
Previous Owner Sprague John R $217,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/23/2024 12/23/24 Sold $990,000 +10.1% $347 / Sq Ft
11/18/2024 11/18/24 Pending -- -- --
11/13/2024 11/13/24 For Sale $899,000 +36.2% $315 / Sq Ft
03/27/2020 03/27/20 Sold $659,900 +1.5% $231 / Sq Ft View Prior Sale
02/20/2020 02/20/20 Pending -- -- --
02/12/2020 02/12/20 For Sale $649,900 -- $228 / 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 $8,031 $775,200 $184,200 $591,000
2024 $7,995 $759,300 $175,000 $584,300
2023 $7,589 $680,600 $159,400 $521,200
2022 $7,484 $602,100 $136,400 $465,700
2021 $7,200 $552,600 $129,000 $423,600
2020 $6,821 $509,000 $119,900 $389,100
2019 $6,511 $455,300 $103,400 $351,900
2018 $5,962 $393,500 $95,600 $297,900
2017 $5,728 $367,200 $89,500 $277,700
2016 $5,249 $324,400 $76,900 $247,500
2015 $4,755 $283,900 $73,000 $210,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73312403

MLS Property Information Network (MLS PIN)

APN: LYNN-000095-000530-000006

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