Seller's Agent in 2024
Lou Markakis
Lynnway Associates
(781) 558-8518
1 in this area
39 Total Sales
7 Northern Ave Lynn, MA 01904
Pine Hill NeighborhoodEstimated Value: $529,000 - $565,000
2
Beds
2
Baths
1,898
Sq Ft
$287/Sq Ft
Est. Value
Highlights
- Medical Services
- Deck
- Wood Flooring
- Spa
- Property is near public transit
- 2-minute walk to Jenkins Park
About This Home
As of March 2024Welcome to this cozy and proudly maintained legal two-family home, this colonial is excellent for an extended family or can be utilized for income from 2nd apt. Two units up and down, 1BR, 1 full bath each, hardwood floors throughout, customized vertical blinds, ceiling fans, etc. This unique property comes with a 1-car garage and 4 off-street parking spaces, a large deck perfect for cookouts. Buyers looking for a condo alternative can take advantage of this opportunity, or utilize 2nd apt for income. Conveniently located close to all needed amenities. (supermarkets, restaurants, fast food, banks, and easy access to public transportation.)
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,027
Year Built
- Built in 1900
Lot Details
- 2,784 Sq Ft Lot
- Fenced
- Level Lot
Parking
- 1 Car Garage
- Driveway
- Open Parking
- Off-Street Parking
Home Design
- Duplex
- Brick Exterior Construction
- Brick Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 1,898 Sq Ft Home
- Property has 1 Level
- Ceiling Fan
- Insulated Windows
- Insulated Doors
- Combination Dining and Living Room
- Storage
- Washer Hookup
- Storm Doors
- Range
- Attic
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
- Bathtub
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Block Basement Construction
Outdoor Features
- Spa
- Balcony
- Deck
- Shed
- Rain Gutters
- Porch
Location
- Property is near public transit
- Property is near schools
Schools
- Tracy Elementary School
- Breed Middle School
- Lclass High School
Utilities
- Window Unit Cooling System
- 2 Heating Zones
- Heating System Uses Natural Gas
- Individual Controls for Heating
- Baseboard Heating
- Separate Meters
- 110 Volts
Listing and Financial Details
- Legal Lot and Block 002 / 199
- Assessor Parcel Number 055199002,1991302
Community Details
Overview
- 2 Units
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Park
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 18, 2024
Closed on
Mar 4, 2024
Sold by
Lemus Argueta Jose D
Bought by
Lemus Argueta Jose D and Flores Paola L
Seller's Agent
Lou Markakis
Lynnway Associates
Buyer's Agent
Mission Impossible Team
United Brokers
List Price
$579,900
Sold Price
$540,000
Premium/Discount to List
-$39,900
-6.88%
Total Days on Market
17
Views
77
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,537
Avg. Annual Appreciation
-0.86%
Original Mortgage
$530,219
Outstanding Balance
$524,404
Interest Rate
6.6%
Mortgage Type
FHA
Estimated Equity
$10,238
Purchase Details
Closed on
Mar 31, 2005
Sold by
Pahlm Roy W
Bought by
Pahlm Roy W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,000
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 27, 2003
Sold by
Pahlm Catherine A
Bought by
Pahlm Roy W
Purchase Details
Closed on
Jun 10, 1994
Sold by
Fnma
Bought by
Pahlm Catherine and Pahlm Roy
Purchase Details
Closed on
Jan 17, 1989
Sold by
Robicheau Mary
Bought by
Albano Nicholas J
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lemus Argueta Jose D | -- | None Available | |
| Lemus Argueta Jose D | -- | None Available | |
| Pahlm Roy W | -- | -- | |
| Pahlm Roy W Jr Est | -- | -- | |
| Pahlm Roy W | -- | -- | |
| Pahlm Roy W | -- | -- | |
| Pahlm Roy W | -- | -- | |
| Pahlm Catherine | $44,000 | -- | |
| Pahlm Catherine | $44,000 | -- | |
| Albano Nicholas J | $135,000 | -- | |
| Albano Nicholas J | $135,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lemus-Argueta Jose D | $530,219 | |
| Closed | Lemus-Argueta Jose D | $530,219 | |
| Previous Owner | Albano Nicholas J | $465,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/04/2024 03/04/24 | Sold | $540,000 | -6.9% | $285 / Sq Ft |
| 02/05/2024 02/05/24 | Pending | -- | -- | -- |
| 01/18/2024 01/18/24 | For Sale | $579,900 | -- | $306 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $6,373 | $615,182 | $183,200 | $431,982 |
| 2024 | $6,035 | $573,100 | $172,100 | $401,000 |
| 2023 | $6,027 | $540,500 | $166,800 | $373,700 |
| 2022 | $6,338 | $509,900 | $162,200 | $347,700 |
| 2021 | $5,985 | $459,300 | $148,300 | $311,000 |
| 2020 | $5,477 | $408,700 | $130,700 | $278,000 |
| 2019 | $5,115 | $357,700 | $107,000 | $250,700 |
| 2018 | $4,577 | $302,100 | $88,900 | $213,200 |
| 2017 | $4,259 | $273,000 | $75,400 | $197,600 |
| 2016 | $3,929 | $242,800 | $67,200 | $175,600 |
| 2015 | $3,625 | $216,400 | $59,600 | $156,800 |
Source: Public Records
Agents Affiliated with this Home
-
Lou Markakis
-
Mission Impossible Team
Buyer's Agent in 2024
Mission Impossible Team
United Brokers
(781) 389-2906
3 in this area
244 Total Sales
Map
Similar Homes in Lynn, MA
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73194868
APN: LYNN-000055-000199-000002
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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