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27 Sylvia Street

27 Sylvia Street, Lynn, MA 01904
Property in Lynn
27 Sylvia Street has been categorized by the local assessors in Lynn, MA as a residential type of property. The building on the property was first built in 1900 and is 124 years old. However, we must point out that the home was most recently renovated and altered in 1964. The home has a total of 15 rooms. 6 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 3 stories. In addition, 27 Sylvia Street has 2,898 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 4,000 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a triplex style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as fair. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The building has a gable style roof made of asphalt. The exterior walls of the building are made of wood siding. In terms of heating, it is utilizing a forced air unit and being fueled with oil. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 27 Sylvia Street sold most recently in Oct 29, 2021 for a total of $620,000. If you work out the math, that's approximately a cost of $213.94 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $7,038 in taxes each year. 27 Sylvia Street was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $668,400. If we break it down further, the land itself was valued at $188,300. Improvements to the property, however, were assessed at a total of $480,100. The property's total assessed value has been marked as more than the total market value which is pretty atypical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Parking

Off Street Parking
Tandem Parking

Condition

Cleared Lot
Level Lot
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210805
08/05/2021
6 Bed
3 Bath
-
$610,000
bedrooms
6 Bed
bathrooms
3 Bath
$620,000 +1.64%
10/29/2021
Betty Huang
WinPlus Realty Group

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 15
  • Bedroom Count: 6
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Fair
  • Construction Type: Frame
  • Building Style: Triplex
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 3
  • Living Units: 3
  • Basement Type: Unfinished basement
  • Basement Area: 1,146
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,000
  • Total Building Area: 2,898
  • Gross Building Area: 4,740
  • Building Area: 2,898
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,898
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAKESIDE
  • Land Acres: 0.092
  • Standard Land Use Code: Triplex (3 units, any combination)

Ownership

  • Current Owner : GU LI
  • Current Owner 2: ZHANG SHUCHI
  • Previous Owner : HOULE BARBARA A
  • Previous Owner 2: HOULE CHARLES H

Neighborhood

  • School District Name: Lynn School District
  • School Tax School District: LYNN SD
  • Census Tract: 205200

Zoning

  • Zoning: R1

Geography

  • Parcel: LYNN M:087 B:125 L:018
  • Block: 125
  • Lot: 18
  • Municipality: LYNN
  • Latitude: 42.4849
  • Longitude: -70.9515

    Address

  • Full Address: 27 Sylvia St
  • Address - House Number: 27
  • Address - Street Name: Sylvia
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynn
  • Carrier Code: C055
  • 4-Digit Zip Code: 2349
  • Zip Code: 01904

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $7,038

    Appraisal Valuation

  • Standard Deviation: 0.1794
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 777,871
  • High Value: 917,422
  • Low Value: 638,320

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $465,000
  • First Open Lien Mortgage Lender: POLI MORTGAGE GROUP INC
  • First Open Lien Mortgage Recording Date: Oct 29, 2021
  • First Open Lien Mortgage Loan Amount: $465,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Oct 29, 2051

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $668,400
  • Assessed Land Value: $188,300
  • Assessed Improvements Value: $480,100

    Sales

  • Current Sale Contract Date: Oct 29, 2021
  • Current Sale Recording Date: Oct 29, 2021
  • Current Sale Transaction ID: 11864730564
  • Current Sale Price: $620,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 20211029006020

    Last Sale Mortgage

  • First Mortgage Lender: POLI MORTGAGE GROUP INC
  • First Mortgage Transaction Date: Oct 29, 2021
  • First Mortgage Loan Amount: $465,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

About Lynn



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Frequently Asked Questions

What neighborhood is 27 Sylvia Street located in?
The 27 Sylvia Street is a located in the neighborhood of Lynn in Lynn, Lynn.
What is the average sales price for listings in 27 Sylvia Street?
The average sales price for units in 27 Sylvia Street is $610,000 currently.

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