502 Western Ave, Lynn MA 01904
Lynn, MA 01904
$610,000
Sale Statistics
Sale Overview
Original List Price:
$595,000
Final Sale Price:
$610,000
Difference:
+$15,000 (+2.5%)
Performance Metrics
102.5%
List to Sale Ratio
Sold above asking price
15
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft:
$281
Sale $/sq ft:
$288
This property sold for $288 per square foot
Sale Summary
This property sold for 2.5% above the original asking price, indicating strong buyer demand.
With only 15 days on market, this was a quick sale compared to typical market conditions.
Nearby Sales Comparison
Based on 3 similar properties sold within 0.5 miles in the last 90 days
This Property
$288/sq ft
Area Average
$300/sq ft
Difference
4.1%
This property sold near the area average for similar homes.
About this home
Excellent condition and very well located Two Family dwelling with finished basement and full size garage with loft. Separate utilities and plenty of off street parking. Back To Market Do to Buyer Backing of After Accepted Offer. come to open House this Saturday. 09/14/2019 12-1 PM.
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Property History
Market Insights
2.5%
Price Range
15
Total Days on Market
Property Timeline
Sold
Nov 1, 2019
$610,000
Property sold
Days on Market: 15
Listed for Sale
Sep 7, 2019
$595,000
Original listing
Agent: Rosa Feliz
Office: Re-yes Real Estate
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 11/01/2019 | ✓ Sold | $610,000 | - | - | Property sold |
| 09/07/2019 | 🏠 Listed for Sale | $595,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2019 | $5,749 | $402,000 |
Financial Details
Annual Property Tax
$5,749
Tax Year 2019
Assessed Value
$402,000
Facts & Features
2 Car Garage
Home Facts
Type
Residential Income
Style
Multi Family
Year Built
1910
Living Area
2,118 sq ft
Lot Size
0.11 acres
Bedrooms
5
Full Baths
3
Total Rooms
12
Investment Metrics
Units
2
Unit 1 Rent
$2,500/mo · N
Unit 2 Rent
— · N
Total Monthly Rent
$2,500/mo
Gross Income
$30,000
Net Operating Income
$30,000
Cap Rate
5.04%
Interior
Heating
None
Cooling
None
Flooring
Wood, Tile
Appliances
None
Fireplace
None
Basement
Full, Finished, Walk-out Access, Interior Entry, Bulkhead
Laundry
None
Features
None
Exterior
Construction
Frame
Architecture
None
Roof
Slate
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Garage Spaces
2
Has Garage
Yes
Features
Paved Drive, Off Street
Total Spaces
6
Utilities
Electric
110 Volts, Circuit Breakers, 100 Amp Service
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Gas Range
Financial
Annual Tax
$5,749
Assessed Value
$402,000
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
None
Exclusions
Chandelier In Living Room In First Floor And Refrigerator In First Floor.
Additional Details
Possession
None
Accepted Financing
Contract
Structure Type
[]
House Color
Blue
Sq Ft Source
Public Record
Sq Ft Disclosures
Not Including Finished basement
Documents
None
County
Essex
Total market time (incl. prior listings)
15 days
Property Overview
Property Type
Multi Family
Listing Type
For Sale
Year Built
1910
Bedrooms
5
Full Bathrooms
3
Living Area
2,118 sq ft
Total Rooms
12
Stories
3
Levels
3
Floor Layout
Interactive room guide
Floor Layout
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Wood, Tile
Appliances:
Interior Features:
Windows:
Insulated Windows
Basement:
Full, Finished, Walk-Out Access, Interior Entry, Bulkhead
Laundry:
Security:
Construction & Materials
Year Built:
1910
Structure Type:
Exterior Materials:
Frame
Roof:
Slate
Foundation:
Stone
Stories:
3
Heating, Cooling & Utilities
Heating:
Heating Zones:
2
Cooling:
Hot Water:
Natural Gas
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:
Paved
Parking & Garage
Garage Spaces:
2
Total Parking Spaces:
6
Parking Features:
Paved Drive, Off Street
Nearby Schools
School District
Lynn School District local
D
School Safety
2024-25
3.5%
Above Average
3.0%
Suspensions
0.3%
In-School
0.1%
Expulsions
0.4%
Emergency
2.0% below state avg
Elementary Schools
10 schools
B-
KIPP Academy Lynn Charter School
0.4 mi
|
#197 of 346
|
Score: 51.6
Improved 64 spots from last year
-6.6 below state avg
1,637 students
Moderate
High Graduation Rate
Rising School
College Ready Curriculum
Grades K-12
C-
Lynn Vocational Technical Institute
0.7 mi
|
#284 of 346
|
Score: 42.8
Improved 50 spots from last year
-15.5 below state avg
1,584 students
Moderate
Early College Program
Rising School
Career Tech Programs
Grades PK-12
St. Pius V Elementary School
0.9 mi
Grades PK-08
Sacred Heart Elementary School
0.9 mi
Grades PK-08
North Shore Christian School
1.4 mi
Grades PK-08
The Hathaway School
1.6 mi
Grades PK-08
TEAMS Academy at Virginia Barton Center
1.8 mi
Grades PK-12
C-
Cobbet Elementary School
0.3 mi
|
#696 of 824
|
Score: 36.0
Improved 70 spots from last year
-22.3 below state avg
616 students
Less Diverse
Rising School
Grades PK-05
C
Tracy School
0.5 mi
|
#630 of 824
|
Score: 39.3
Dropped 27 spots from last year
-18.9 below state avg
397 students
Less Diverse
Grades K-05
C
Washington Elementary School
0.5 mi
|
#646 of 824
|
Score: 38.4
Improved 125 spots from last year
-19.8 below state avg
453 students
Moderate
Rising School
Grades K-05
Middle Schools
2 schools
C+
Pickering Middle School
1.2 mi
|
#226 of 352
|
Score: 38.6
Improved 81 spots from last year
-19.6 below state avg
583 students
Diverse
Rising School
Grades 06-08
C-
Thurgood Marshall Middle School
1.4 mi
|
#311 of 352
|
Score: 30.5
Improved 40 spots from last year
-27.7 below state avg
1,310 students
Moderate
Rising School
Grades 06-08
High Schools
6 schools
City Arts & Sciences Academy at Fecteau-Leary
0.4 mi
Grades 06-12
St. Mary's High School
0.5 mi
Grades 07-12
B
Fredrick Douglass Collegiate Academy
0.9 mi
|
#12 of 25
|
Score: 33.4
Improved 330 spots from last year
-24.8 below state avg
235 students
Moderate
Early College Program
Rising School
Grades 06-12
B-
Harold Durgin Success Academy
0.4 mi
|
#16 of 25
|
Score: 30.4
Improved 329 spots from last year
-27.8 below state avg
94 students
Diverse
Rising School
Career Tech Programs
Grades 09-12
D
Lynn English High School
0.9 mi
|
#318 of 346
|
Score: 33.5
Improved 37 spots from last year
-24.8 below state avg
2,062 students
Moderate
18 sports
• 1,425 athletes
Early College Program
Rising School
Career Tech Programs
Strong Athletics
Grades 09-12
C-
Classical High School
1.5 mi
|
#302 of 346
|
Score: 37.9
Improved 51 spots from last year
-20.3 below state avg
1,795 students
Moderate
Early College Program
Rising School
Career Tech Programs
Grades 09-12
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Location
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Neighborhood
502 Western Ave, Lynn MA 01904
Lynn, MA 01904
Listing Information
Listing Agent
Rosa Feliz
Listing Office
Re-yes Real Estate
Office Phone
781-780-3041
Agent MLS ID
CN209718
Office MLS ID
C10136
Listing Data Updated
Nov 2, 2019 3:31 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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