NOT LISTED FOR SALE

Estimated Value: $654,000 - $710,000

7 Beds
2 Baths
2,273 Sq Ft
$301/Sq Ft Est. Value

Last Sold September 30, 2022

Last sale price $560,000 $246 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $4,126/month

22 Days on Market

Highlights

  • Wood Flooring
  • Heating Available
  • 3-minute walk to Goldfish Pond Park

About This Home

As of September 2022

Great 2-family property ready for upgrades. The home offers 7 bedrooms and 2 full baths. The siding and roof were redone within the past 10-15 years. One heating system is fueled by oil and the other system is a newer gas system. The property has a right of way to access the driveway and sits behind another property. Property to be sold in AS IS condition.

Last Agent to Sell the Property

The Caceda Team

Coldwell Banker Realty - Lynnfield Listed on: 07/21/2022

Coldwell Banker Realty - Lynnfield

Last Buyer's Agent

Ricardo Rodriguez

Coldwell Banker Realty - Boston

Coldwell Banker Realty - Boston

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,134

Year Built

  • Built in 1900

Lot Details

  • 2,517 Sq Ft Lot

Home Design

  • Duplex
  • Brick Foundation
  • Shingle Roof

Interior Spaces

  • 2,273 Sq Ft Home
  • Property has 1 Level
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 2 Full Bathrooms

Parking

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

Utilities

  • Heating Available
  • 100 Amp Service
  • Gas Water Heater

Community Details

  • 2 Units
  • Net Operating Income $19,200

Listing and Financial Details

  • Total Actual Rent $1,600
  • Assessor Parcel Number 2000034

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,134

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1900
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood,Tile,Vinyl
  • Fireplace YN: No
  • Appliances: Gas Water Heater
  • Total Bedrooms: 7
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full
  • Living Area: 2273
  • Stories Total: 3
  • MAIN LO: AN6181
  • MAIN SO: AN6181

Exterior Features

  • Foundation Details: Brick/Mortar
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront Features: Beach Front, 1 to 2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Heating: Unit 1(Oil), Unit 2(Gas)
  • Electric: 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public

Lot Info

  • Parcel Number: 2000034
  • Zoning: R4
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.06
  • Lot Size Sq Ft: 2517
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6134.21

Multi Family

  • Net Operating Income: 19200
  • Number Of Units Total: 2
  • Total Actual Rent: 1600
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: N
  • LEASE 1: N

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2022
Closed on
Sep 30, 2022
Sold by
Heredia Angel C and Remedio-Perez Maria
Bought by
Funes Jimmy
Seller's Agent
The Caceda Team
Coldwell Banker Realty - Lynnfield
Buyer's Agent
Ricardo Rodriguez
Coldwell Banker Realty - Boston
List Price
$600,000
Sold Price
$560,000
Premium/Discount to List
-$40,000
-6.67%
Views
24
Current Estimated Value
$685,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,169
Avg. Annual Appreciation
6.32%
Original Mortgage
$541,310
Outstanding Balance
$514,230
Interest Rate
4.75%
Mortgage Type
FHA
Estimated Equity
$170,939

Purchase Details

Closed on
Nov 9, 2005
Sold by
Perez Sandy F
Bought by
Heredia Angel K and Heredia Angel C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 12, 2004
Sold by
Heredia Angel C
Bought by
Perez Sandy F

Purchase Details

Closed on
Mar 3, 2003
Sold by
Brown George
Bought by
Perez Sandy F and Heredia Angel C

Purchase Details

Closed on
May 2, 2002
Sold by
Klotz Timothy
Bought by
Brown George

Purchase Details

Closed on
Mar 4, 1992
Sold by
Ge Capital Mtg Serv
Bought by
92 Chestnut St Rt

Purchase Details

Closed on
Oct 23, 1991
Sold by
Fernandez Efrain A
Bought by
Fhlmc

Purchase Details

Closed on
Feb 1, 1989
Sold by
Santana Efrain E
Bought by
Fernandez Efrain A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Funes Jimmy $560,000 None Available
Heredia Angel K $425,000 --
Heredia Angel K $425,000 --
Perez Sandy F -- --
Perez Sandy F -- --
Perez Sandy F $275,000 --
Perez Sandy F $275,000 --
Brown George $152,500 --
Brown George $152,500 --
92 Chestnut St Rt $13,000 --
92 Chestnut St Rt $13,000 --
Fhlmc $80,000 --
Fhlmc $80,000 --
Fernandez Efrain A $165,000 --
Fernandez Efrain A $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Funes Jimmy $541,310
Previous Owner Fernandez Efrain A $340,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2022 09/30/22 Sold $560,000 -2.6% $246 / Sq Ft
08/13/2022 08/13/22 Pending -- -- --
08/11/2022 08/11/22 Price Changed $575,000 -4.2% $253 / Sq Ft
08/03/2022 08/03/22 For Sale $600,000 0.0% $264 / Sq Ft
07/27/2022 07/27/22 Pending -- -- --
07/21/2022 07/21/22 For Sale $600,000 -- $264 / 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 $6,510 $628,360 $168,700 $459,660
2024 $6,176 $586,500 $161,400 $425,100
2023 $6,329 $567,600 $172,600 $395,000
2022 $6,134 $493,500 $127,700 $365,800
2021 $5,602 $429,900 $104,600 $325,300
2020 $5,312 $396,400 $107,500 $288,900
2019 $4,888 $341,800 $83,000 $258,800
2018 $4,709 $310,800 $93,300 $217,500
2017 $4,039 $258,900 $81,900 $177,000
2016 $3,631 $224,400 $68,400 $156,000
2015 $3,652 $218,000 $72,400 $145,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73015879

MLS Property Information Network (MLS PIN)

APN: LYNN-000094-000517-000027