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83 Blakeley Street

83 Blakeley Street, Lynn, MA 01905
House in Lynn
Sold Aug 03, 2020
$450,000
$427,500 by Crosscountry Mortgage Inc
Mortgage Due Aug 03, 2050
Sold Dec 30, 2019
$320,000
$304,000 by Prime Lending Inc
Mortgage
83 Blakeley Street in Lynn, MA was first built in 1951 and is 73 years old. Although, the building on the property was most recently renovated and altered in 1980. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a Cape Cod style. There are a total of 2 floors. There are a total of 7 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 83 Blakeley Street has 1,568 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 6,639 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of asphalt. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The condition of the building has been evaluated as good. The exterior walls of the home are made of alum/vinyl siding. As for heating, the home is utilizing a steam heating system 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, 83 Blakeley Street sold most recently in Jul 31, 2020 for a total of $450,000. If you work out the math, that's approximately a cost of $286.99 per sqft. Before that, the property was also sold for $320,000 in Dec 23, 2019. 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 $5,624 in taxes each year. 83 Blakeley Street was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $534,100. If we break it down further, the land itself was valued at $208,400. Improvements to the property, however, were assessed at a total of $325,700. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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
Tandem Parking

Swimming Pool

Above Ground Pool
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Construction Type: Frame
  • Building Style: Cape Cod
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 768
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,639
  • Total Building Area: 1,568
  • Gross Building Area: 2,530
  • Building Area: 1,568
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Steam
  • Heated Square Feet: 1,568
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.152
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : VELASQUEZ FERNANDO J
  • Previous Owner : ANGEL-LOPEZ EUGENIO A
  • Previous Owner 2: LOUALI ABDELKADER
  • Owner Before Previous Owner: SULLIVAN JOSEPH M EST
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lynn School District
  • School Tax School District: LYNN SD
  • Census Tract: 205900

Zoning

  • Zoning: R2

Geography

  • Parcel: LYNN M:039 B:331 L:091
  • Block: 331
  • Lot: 91
  • Municipality: LYNN
  • Latitude: 42.4687
  • Longitude: -70.9743

    Address

  • Full Address: 83 Blakeley St
  • Address - House Number: 83
  • Address - Street Name: Blakeley
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynn
  • Carrier Code: C021
  • 4-Digit Zip Code: 1829
  • Zip Code: 01905

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $5,624

    Appraisal Valuation

  • Standard Deviation: 0.1837
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 66
  • Final Value: 621,712
  • High Value: 769,974
  • Low Value: 473,450

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $442,500
  • First Open Lien Mortgage Lender: CROSSCOUNTRY MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Aug 03, 2020
  • First Open Lien Mortgage Loan Amount: $427,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 03, 2050
  • Second Open Lien Mortgage Lender: CROSSCOUNTRY MORTGAGE INC
  • Second Open Lien Mortgage Recording Date: Aug 03, 2020
  • Second Open Lien Mortgage Loan Amount: $15,000
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: 2nd Mortgage made to cover Down Payment
  • Second Open Lien Mortgage Loan Due Date: Sep 01, 2035

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $534,100
  • Assessed Land Value: $208,400
  • Assessed Improvements Value: $325,700

    Sales

  • Current Sale Contract Date: Jul 31, 2020
  • Current Sale Recording Date: Aug 03, 2020
  • Current Sale Transaction ID: 11779665817
  • Current Sale Price: $450,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 20200803002290
  • Previous Sale Recording Date: Dec 30, 2019
  • Previous Sale Contract Date: Dec 23, 2019
  • Previous Sale Amount: $320,000
  • Previous Sale Document Type: Quit Claim Deed (arm's length)

    Last Sale Mortgage

  • First Mortgage Lender: CROSSCOUNTRY MORTGAGE INC
  • First Mortgage Transaction Date: Aug 03, 2020
  • First Mortgage Loan Amount: $427,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: PRIME LENDING INC
  • Previous Mortgage Transaction Date: Dec 30, 2019
  • Previous Mortgage Loan Amount: $304,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Lynn



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Frequently Asked Questions

What neighborhood is 83 Blakeley Street located in?
The 83 Blakeley Street is a house located in the neighborhood of Lynn in Lynn, Lynn.
What is the average sales price for listings in 83 Blakeley Street?
The average sales price for units in 83 Blakeley Street is $0 currently.

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