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11 Fernwood Ave, Lynn MA 01904

Lynn, MA 01904
$714,900
6
Beds
3
Baths
2,619
Sq Ft
$273
Price/Sq Ft
0.13
Acres
1920
Year Built
5
Parking
4
Days on Market
Closed Listed Aug 21, 2020 • MLS# 72713985 Copied! • Updated Nov 13, 2020

Sale Statistics

Sale Overview
Original List Price: $689,900
Final Sale Price: $714,900
Difference: +$25,000 (+3.6%)
Performance Metrics
103.6%
List to Sale Ratio
Sold above asking price
4
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $263
Sale $/sq ft: $273
This property sold for $273 per square foot
Sale Summary

This property sold for 3.6% above the original asking price, indicating strong buyer demand.

With only 4 days on market, this was a quick sale compared to typical market conditions.

About this home

Great Lakeside Investment Property! Awesome LOCATION! 3 Units, 12 Room, 6 Bed, 3 Bath With Laundry In Each Unit. Plenty Of Off Street Parking Fitting 5 Plus Cars. All Separate Utilities And Storage In Basement! All Units Are Deleaded! Enjoy Lake Views From Top Unit Porch!

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Recently Sold Nearby

Property History

Market Insights

23.3%
Price Range
24
Total Days on Market
1
Previous Sales

Property Timeline

Previous Transaction - MLS #73267722
Full transaction history available when tracking began
🏷️
Previously Sold
Oct 31, 2024
$900,000
MLS #73267722
Sold
Nov 12, 2020
$714,900
Property sold
Days on Market: 24
🏠
Listed for Sale
Aug 21, 2020
$689,900
Original listing
Agent: Antoinette Lynch Office: Toner Real Estate, LLC

Tax History

Year Taxes Assessment
2020 $6,802 $507,600

Financial Details

Annual Property Tax
$6,802
Tax Year 2020
Assessed Value
$507,600

Facts & Features

Home Facts

Type Residential Income
Style 3 Family
Year Built 1920
Living Area 2,619 sq ft
Lot Size 0.13 acres
Bedrooms 6
Full Baths 3
Total Rooms 12

Investment Metrics

Units 3
Unit 1 Rent $1,500/mo · N
Unit 2 Rent $1,200/mo · N
Unit 3 Rent $1,700/mo · N
Total Monthly Rent $4,400/mo
Gross Income $52,800
Net Operating Income $52,800
Cap Rate 7.65%
Heating Natural Gas
Cooling Window Unit(s)
Flooring Tile, Carpet, Laminate
Appliances Range, Microwave, Refrigerator, Washer, Dryer, Dishwasher, Freezer, Oven
Fireplace None
Basement None
Laundry None
Features Ceiling Fan(s), Pantry, Bathroom With Tub, Living Room, Kitchen, Laundry Room
Construction None
Architecture None
Roof None
Features Rain Gutters
Pool None
Spa None
Fencing None
Patio/Porch Porch
Features Paved Drive, Off Street, Paved
Total Spaces 5
Electric 100 Amp Service, Individually Metered
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $6,802
Assessed Value $507,600
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
House Color Tan
Sq Ft Source Public Record
Documents None
County Essex
Total market time (incl. prior listings) 24 days

Property Overview

Property Type
3 Family
Listing Type
For Sale
Year Built
1920
Bedrooms
6
Full Bathrooms
3
Living Area
2,619 sq ft
Total Rooms
12
Stories
3
Levels
3

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring: Tile, Carpet, Laminate
Appliances: Range, Microwave, Refrigerator, Washer, Dryer, Dishwasher, Freezer, Oven
Interior Features: Ceiling Fan(s), Pantry, Bathroom With Tub, Living Room, Kitchen, Laundry Room
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1920
Structure Type:
Exterior Materials:
Roof:
Foundation: Stone
Stories: 3

Heating, Cooling & Utilities

Heating: Natural Gas
Heating Zones: 3
Cooling: Window Unit(s)
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Rain Gutters
Patio & Porch: Porch
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 5
Parking Features: Paved Drive, Off Street, Paved

Special Features

View: Yes
View Type: Scenic View(s)
Community Amenities: Public Transportation, Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Public School
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
E

Elementary Schools

10 schools
St. Pius V Elementary School
0.4 mi
Grades PK-08
North Shore Christian School
0.4 mi
Grades PK-08
The Hathaway School
1.2 mi
Grades PK-08
B-
KIPP Academy Lynn Charter School
1.2 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
TEAMS Academy at Virginia Barton Center
1.3 mi
Grades PK-12
C-
Lynn Vocational Technical Institute
1.8 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
Sacred Heart Elementary School
1.9 mi
Grades PK-08
C+
Edward A Sisson School
0.6 mi | #565 of 824 | Score: 42.4
Improved 153 spots from last year
-15.8 below state avg
449 students Diverse
Rising School Diverse Student Body
Grades PK-05
C
Hood School
0.6 mi | #617 of 824 | Score: 39.9
Improved 28 spots from last year
-18.3 below state avg
541 students Moderate
Rising School
Grades PK-05
A-
Aborn School
0.8 mi | #226 of 824 | Score: 53.5
Improved 252 spots from last year
-4.7 below state avg
224 students Diverse
Rising School Diverse Student Body
Grades K-05
M

Middle Schools

2 schools
C+
Pickering Middle School
0.6 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
1.3 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
H

High Schools

6 schools
City Arts & Sciences Academy at Fecteau-Leary
1.5 mi
Grades 06-12
St. Mary's High School
1.5 mi
Grades 07-12
B
Fredrick Douglass Collegiate Academy
1.7 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
D
Lynn English High School
0.6 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
B-
Harold Durgin Success Academy
1.5 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
C-
Classical High School
2.4 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

11 Fernwood Ave, Lynn MA 01904

Lynn, MA 01904

Listing Information

Listing Office Toner Real Estate, LLC
Office Phone 781-780-9054
Agent MLS ID CN220643
Office MLS ID AC1714
Listing Data Updated Nov 13, 2020 12:44 PM EST
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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