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7 Pinkham Place

7 Pinkham Place, Lynn, MA 01902
Property in Lynn
Sold Jun 19, 2019
$470,000
$250,000 by United Wholesale Mortgage
Mortgage Due Feb 01, 2052
Sold Jul 09, 2015
Transfer
Local assessors in Lynn, MA have categorized 7 Pinkham Place as a residential type of property. The home was built in 1900 and is 124 years old. It was most recently renovated and altered in 1964. The property's lot size has been calculated to be 4,466 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a triplex style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 15 rooms in the home. Of these, 6 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. This is a 3 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 7 Pinkham Place has a total of 2,876 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Moving onto specific details regarding the building. Our sources show that the building condition is fair. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a gable style roof that was made of asphalt. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. The home's a hot water heating system is the primary heating source and it is being fueled with gas. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 7 Pinkham Place was last sold in Jun 17, 2019 for $470,000. According to our calculations, that's $163.42 per sqft. Current property owners are expected to pay $7,164 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 7 Pinkham Place was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $680,300. To break that down further, the land itself was valued at $187,000. While improvements to the property were assessed at a total of $493,300. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Waterfront

Beach Front

Parking

Off Street Parking

Condition

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

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: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 3
  • Living Units: 3
  • Basement Type: Unfinished basement
  • Basement Area: 975
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,466
  • Total Building Area: 2,876
  • Gross Building Area: 4,012
  • Building Area: 2,876
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 2,876
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.103
  • Standard Land Use Code: Triplex (3 units, any combination)

Ownership

  • Current Owner : CHEN ZENG B
  • Current Owner 2: LIN TAN
  • Previous Owner : NUNES-LIMA JOAO L
  • Owner Before Previous Owner: VIVEIROS MARIA N
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Lynn School District
  • School Tax School District: LYNN SD
  • Census Tract: 206800

Zoning

  • Zoning: R2

Geography

  • Parcel: LYNN M:082 B:607 L:012
  • Block: 607
  • Lot: 12
  • Municipality: LYNN
  • Latitude: 42.4675
  • Longitude: -70.9391

    Address

  • Full Address: 7 Pinkham Pl
  • Address - House Number: 7
  • Address - Street Name: Pinkham
  • Address - Suffix Type: Pl
  • State: MA
  • City Name: Lynn
  • Carrier Code: C051
  • 4-Digit Zip Code: 6601
  • Zip Code: 01902

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $7,164
  • Intital Tax Deliquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1499
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 81
  • Final Value: 815,882
  • High Value: 938,253
  • Low Value: 693,512

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $250,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Jan 05, 2022
  • First Open Lien Mortgage Loan Amount: $250,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2052

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $680,300
  • Assessed Land Value: $187,000
  • Assessed Improvements Value: $493,300

    Sales

  • Current Sale Contract Date: Jun 17, 2019
  • Current Sale Recording Date: Jun 19, 2019
  • Current Sale Transaction ID: 11618331460
  • Current Sale Price: $470,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 20190619002150
  • Previous Sale Recording Date: Jul 09, 2015
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: HINGHAM INSTITUTION FOR SAVING
  • First Mortgage Transaction Date: Jun 19, 2019
  • First Mortgage Loan Amount: $258,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

About Lynn



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Frequently Asked Questions

What neighborhood is 7 Pinkham Place located in?
The 7 Pinkham Place is a located in the neighborhood of Lynn in Lynn, Lynn.
What is the average sales price for listings in 7 Pinkham Place?
The average sales price for units in 7 Pinkham Place is $0 currently.

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