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51 Breed Street

51 Breed Street, Lynn, MA 01902
Property in Lynn
Sold Jan 03, 2017
$500,000
$487,382 by Residential Mtg Svcs
Mortgage Due Jan 03, 2047
Sold Apr 29, 1994
$105,000
$107,100 by Fleet Rl Est Funding
Mortgage
51 Breed 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 1905 and is 119 years old. However, we must point out that the home was most recently renovated and altered in 1965. The home has a total of 12 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, 51 Breed Street has 2,866 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 5,507 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 average. 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 alum/vinyl siding. In terms of heating, it is utilizing a forced air unit and being fueled with gas. 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, 51 Breed Street sold most recently in Dec 27, 2016 for a total of $500,000. If you work out the math, that's approximately a cost of $174.46 per sqft. Before that, the property was also sold for $105,000 in Jan 1, 1970. 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 $8,721 in taxes each year. 51 Breed Street was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $828,200. If we break it down further, the land itself was valued at $234,700. Improvements to the property, however, were assessed at a total of $593,500. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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

Waterfront

Beach Front

Parking

Off Street Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1905
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 6
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Triplex
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 3
  • Living Units: 3
  • Basement Type: Unfinished basement
  • Basement Area: 1,080
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,507
  • Total Building Area: 2,866
  • Gross Building Area: 4,372
  • Building Area: 2,866
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,866
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.126
  • Standard Land Use Code: Triplex (3 units, any combination)

Ownership

  • Current Owner : SANCHEZ MILTON M
  • Previous Owner : BOUBOULIS STEFANOS
  • Previous Owner 2: BOUBOULIS DESPINA
  • Owner Before Previous Owner: LOMAS MTG USA INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lynn School District
  • School Tax School District: LYNN SD
  • Census Tract: 206700

Zoning

  • Zoning: R1

Geography

  • Parcel: LYNN M:093 B:570 L:012
  • Block: 570
  • Lot: 12
  • Municipality: LYNN
  • Latitude: 42.4631
  • Longitude: -70.9323

    Address

  • Full Address: 51 Breed St
  • Address - House Number: 51
  • Address - Street Name: Breed
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynn
  • Carrier Code: C049
  • 4-Digit Zip Code: 3101
  • Zip Code: 01902

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $8,721

    Appraisal Valuation

  • Standard Deviation: 0.179
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 827,534
  • High Value: 975,724
  • Low Value: 679,344

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $487,382
  • First Open Lien Mortgage Lender: RESIDENTIAL MTG SVCS
  • First Open Lien Mortgage Recording Date: Jan 03, 2017
  • First Open Lien Mortgage Loan Amount: $487,382
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jan 03, 2047

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $828,200
  • Assessed Land Value: $234,700
  • Assessed Improvements Value: $593,500

    Sales

  • Current Sale Contract Date: Dec 27, 2016
  • Current Sale Recording Date: Jan 03, 2017
  • Current Sale Transaction ID: 1931344634
  • Current Sale Price: $500,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 578924
  • Previous Sale Recording Date: Apr 29, 1994
  • Previous Sale Amount: $105,000
  • Previous Sale Document Type: Leasehold Conv. With Agreement of Sale (Fee Purchase) (Hawaii)

    Last Sale Mortgage

  • First Mortgage Lender: RESIDENTIAL MTG SVCS
  • First Mortgage Transaction Date: Jan 03, 2017
  • First Mortgage Loan Amount: $487,382
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 03, 2047

    Previous Mortgages

  • Previous Mortgage Lender: FLEET RL EST FUNDING
  • Previous Mortgage Transaction Date: Apr 29, 1994
  • Previous Mortgage Loan Amount: $107,100
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Lynn



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Frequently Asked Questions

What neighborhood is 51 Breed Street located in?
The 51 Breed Street is a located in the neighborhood of Lynn in Lynn, Lynn.
What is the average sales price for listings in 51 Breed Street?
The average sales price for units in 51 Breed Street is $0 currently.

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