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SOLD 11/9/2021

40 New Park St, Lynn, MA 01905$765,000

6
beds
2.5
baths
2014
ft2
· 5304
ft2 lot
$380 / ft2

Listing provided courtesy of Listing Broker: Jennifer Erickson, Oaklawn Real Estate
Source MLS PIN;
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OFFER HAS BEEN ACCEPTED - OPEN HOUSE FOR BACKUP Introducing a wonderful West Lynn very well kept 2 family residence that shows a true pride in ownership. This home is close to both schools and all your shopping needs. The units are side by side two levels each. Unit 1L has a large eat in kitchen with granite countertops and hardwood through first floor along with an ample sized living room; additionally there is an office / den on the first floor; currently used as a 5th bedroom.. There are 4 bedrooms on the 2nd level; hardwood in 2 bedrooms and laminate in the others. Unit 1R has hardwood floors throughout entire unit, large eat in kitchen, currently there are two good size rooms on the first floor used as bedrooms. The 2nd floor has 2 large bedrooms. There is ample parking in a fenced back yard for 6 to 8 cars. The basement is super clean with two large storage rooms. This is the perfect home for a large family that is looking for rental income to assist with monthly expenses

HOA

$—/month

On market

15 days

Year built

1900

Property type

2 Family

Parking

6

MLS

72902071

Price / Sq.Ft.

$380 / ft2

Status

Sold

Home details for 40 New Park St

Interior Features & Layout
Rooms Info
•   
Additional Rooms: Living Room, Kitchen, Office/Den, Kitchen
•   
Total Levels: 2, 2, 4
•   
Total Levels Unit 1: 1, 2
•   
Total Levels Unit 2: 1, 2
•   
Total Rooms Unit 1: 7
•   
Total Rooms Unit 2: 4
•   
Total Rooms: 11, 11, 11
Interior Features
•   
Electric Details: 200 Amps
•   
Interior Features: Hardwood Floors, Upgraded Countertops, Wood Flooring, Bathroom With Tub & Shower, Hardwood Floors, Upgraded Countertops, Wood Flooring, Bathroom With Tub & Shower
Heating & Cooling
•   
Heating Units: 2
•   
Heating Description Unit 1: Hot Water Baseboard, Gas
•   
Cooling Descr 1: Window AC
•   
Cooling Descr 2: Window AC
•   
Heating Zones: 2
•   
Heating Description Unit2: Hot Water Baseboard, Gas
Appliances
•   
Hot Water: Natural Gas
•   
Unit 2 Appliances: Range, Disposal, Refrigerator
•   
Unit 1 Appliances: Range, Disposal, Refrigerator
Bedrooms Info
•   
Total Beds: 6
•   
Unit 2 Beds: 2
•   
Unit 1 Beds: 4
Bathrooms Info
•   
Full Baths: 2, 2
•   
Half Baths: 1, 1
•   
Unit 2 Full Baths: 1
•   
Unit 1 Full Baths: 1
•   
Unit 1 Half Baths: 1
Flooring
•   
Flooring: Wood
Property, Lot, Community & Exterior Features
Community Info
•   
Total Units In Complex: 2
Exterior Features
•   
Color: Gray
•   
Building Exterior Details: Vinyl, Fenced Yard
Property Type
•   
Property Type: 2 Family
•   
Mls Prop Type: 2 Family
•   
Mls Property Type: Multi-family
Community Features
•   
Area Amenities: Public Transportation, Shopping, Park, Medical Facility, House of Worship, Public School
Lot Info
•   
Zoning: R2
•   
Lot Description: Paved Drive, Fenced/Enclosed
•   
Acres: 0.12
Building Info
•   
Sqft Source: Public Record
•   
Foundation: Fieldstone
•   
Roof: Asphalt/Fiberglass Shingles
•   
Year Built Description: Renovated Since
•   
Lead Paint: Certified Treated
•   
Year Built Source: Public Record
•   
Construction Materials: Frame
Basement Info
•   
Basement
•   
Basement Details: Full
Parking Info
•   
Parking Descriptions: Off-Street
Utilities & Other Information
Water & Sewer Info
•   
Water Source: City/Town Water
•   
Sewer: City/Town Sewer
Listing Details, Costs & Financing Information
Listing Info
•   
Offline Listing Number: 3334145
•   
Oh Flag: 1
•   
Status: Sold
Financial Info
•   
Fin Code: FHA
Lease Info
•   
Gross Income: 54000
•   
Net Operating Income: 54000
•   
Monthly Rent Unit 1: 2600
•   
Monthly Rent Unit 2: 1900
•   
Total Rent: 1900
Listing Details
•   
Disclosures: Tenant in unit 1L has signed agreement to vacate on or before November 30th. Tenant unit 1R is TAW and would like to stay.
Tax/Assessment Info
•   
Tax Year: 2021
•   
Certificate Number: 000000000436
•   
Assessed Value: 530700.00
•   
Taxes: 6915.00
•   
Apn: M:054 B:210 L:025
Listing Contacts
•   
Selling Agent: TM326520
Terms
•   
Terms Feature: Contract for Deed
School Neighborhood & Directions
Location
•   
Street Number: 40
•   
Map Book: 34904
•   
Area: West Lynn
•   
Map Page: 219
•   
Directions: Boston St to New Park St
•   
Road Type: Public
School Info
•   
Elementary School: Tracy
•   
High School: Classic
•   
Middle School: Breed
Other
Other
•   
Main So: H95120
Calculation
•   
Price Per Sqft: 379.84
•   
List Price Per Sqft: 322.69
•   
Sold Price Per Sqft: 379.84
•   
Cdom Property: 17
•   
Cdom Broker: 17
•   
Cdom: 17

Neighborhood snapshot

18
Properties for sale
19
Median days on market
$314.11
Median sold price/sqft
104.78%
Sold/List %
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Property History for 40 New Park St

11/09/2021
11/09/2021
Public Record
sold
Public Record
$765,000
+17.71%
10/15/2021
10/15/2021
MLS PIN #72902071
pending
MLS PIN #72902071
$649,900
09/29/2021
09/29/2021
MLS PIN #72902071
active
MLS PIN #72902071
$649,900
+128.04%
05/06/2016
05/06/2016
Public Record
sold
Public Record
$285,000
+16.33%
02/11/2011
02/11/2011
Public Record
sold
Public Record
$245,000
+226.67%
See more property history

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