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85 Marianna Street

85 Marianna Street, Lynn, MA 01902
Property in Lynn
Sold Aug 31, 2022
$500,000
$475,000 by New Fed Mortgage Corp
Mortgage Due Aug 31, 2052
Sold Apr 20, 2018
$320,000
$270,000 by Mortgage Networks Inc
Mortgage Due Apr 20, 2048
85 Marianna 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 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 85 Marianna Street has 1,242 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 3,931 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a colonial 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 steam heating system and being fueled with oil. 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, 85 Marianna Street was last sold in Aug 31, 2022 for $500,000. According to our calculations, that's $402.58 per sqft. Prior to that sales transaction, the property was sold for $320,000 in Jan 1, 1970. Current property owners are expected to pay $4,534 in taxes per year. The property on 85 Marianna Street was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $430,600. To break that down further, the land itself was valued at $170,900. While improvements to the property were assessed at a total of $259,700. 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. 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.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

Detached Garage
Off Street Parking
Tandem Parking

Facilities

Storage Available
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: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Colonial
  • 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: 630
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,931
  • Total Building Area: 1,242
  • Gross Building Area: 2,041
  • Building Area: 1,242
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Steam
  • Heated Square Feet: 1,242
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.09
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : LOPEZ-CHILEL OCTAVIO
  • Current Owner 2: LOPEZ AURORA E
  • Previous Owner : FERNANDES ROBERT A
  • Owner Before Previous Owner: CUTONE STANLEA M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lynn School District
  • School Tax School District: LYNN SD
  • Census Tract: 206400

Zoning

  • Zoning: R1

Geography

  • Parcel: LYNN M:096 B:472 L:005
  • Block: 472
  • Lot: 5
  • Municipality: LYNN
  • Latitude: 42.4749
  • Longitude: -70.9365

    Address

  • Full Address: 85 Marianna St
  • Address - House Number: 85
  • Address - Street Name: Marianna
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynn
  • Carrier Code: C012
  • 4-Digit Zip Code: 1611
  • Zip Code: 01902

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $4,534

    Appraisal Valuation

  • Standard Deviation: 0.1837
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 502,994
  • High Value: 595,353
  • Low Value: 410,636

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $475,000
  • First Open Lien Mortgage Lender: NEW FED MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Aug 31, 2022
  • First Open Lien Mortgage Loan Amount: $475,000
  • 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: Aug 31, 2052

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $430,600
  • Assessed Land Value: $170,900
  • Assessed Improvements Value: $259,700

    Sales

  • Current Sale Contract Date: Aug 31, 2022
  • Current Sale Recording Date: Aug 31, 2022
  • Current Sale Transaction ID: 11895677556
  • Current Sale Price: $500,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 388
  • Previous Sale Recording Date: Apr 20, 2018
  • Previous Sale Amount: $320,000
  • Previous Sale Document Type: Quit Claim Deed (arm's length)

    Last Sale Mortgage

  • First Mortgage Lender: NEW FED MORTGAGE CORP
  • First Mortgage Transaction Date: Aug 31, 2022
  • First Mortgage Loan Amount: $475,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: MORTGAGE NETWORKS INC
  • Previous Mortgage Transaction Date: Apr 20, 2018
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $270,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 20, 2048

About Lynn



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Frequently Asked Questions

What neighborhood is 85 Marianna Street located in?
The 85 Marianna Street is a located in the neighborhood of Lynn in Lynn, Lynn.
What is the average sales price for listings in 85 Marianna Street?
The average sales price for units in 85 Marianna Street is $0 currently.

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