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1 Rita Terrace Lynn, MA 01902

$205,626
LOW
$239,100 Estimated value of the home, based on tax records and nearby sales information for similar homes.
$272,574
HIGH
 
VALUE ESTIMATE
 
Value Estimate
$239,100Estimated value of the home, based on tax records and nearby sales information for similar homes.
Beds
3
Payment Estimate
--
Baths Full
1
Rent Estimate
$1,860Estimated monthly rental price, based on a proprietary formula.
Baths Half
--
Tax Estimate
$2,998Estimated property taxes paid on an annual basis.
Sq Ft
912
 HomeScore
71A relative rating of projected appreciation over a 10-year holding period. Homes that score above 50 are expected to outperform the market.
Lot Size
--
 InvestorScore
70A relative rating of projected positive cash flow over a 10-year holding period. Properties that score above 50 are expected to outperform the market.
Construction
Frame
Last Sale Date
02/26/2016
Style
Ranch / Rambler
Last Sale Price
$245,000
Year Built
1950

1 Rita Terrace is located in Lynn, MA. At this time, the property has an estimated value of $239,100 and yearly taxes of $2,998. This home has 3 bedrooms, 1 bathroom, and approximately 912 sqft of living space. The property was built in 1950. Similar homes nearby have 3 bedrooms, 1 bath and sell for around $250,000.

Property History

DateEventSourcePrice
10/28/1999SoldTax Records$103,000

Lynn Market Trends

Check out Lynn homes for sale, read the Lynn real estate news or review the Lynn real estate trends. Here is a summary of local market conditions over the past 30 days:

Market Health Score
92
Very Healthy

97

$319,900

97

1.2

Median Sales Price
$291,750
-7.4%
Sales (30 Days)
78
-15.2%

Recent Sales Like 1 Rita Terrace

25
$253k
51
$254k
4%

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Lynn REAL ESTATE NEWS

This week in the Lynn market, sales fell to 85 homes sold over the last 30 days, coinciding with a solid downward trend in price reductions, with 17 in the same time frame. All indications show that t... Read More »

The population of Lynn ranks as the ninth-largest city in Massachusetts with 90,329 people. However, it only ranks 69th in terms of growth at a 10-year growth rate of 0.1%. The three zip codes with th... Read More »

Sales fell to 92 homes sold over the last 30 days in the Lynn market. Sellers can expect less competition, however, due to a six-week downward trend in homes coming into the market, now down to 33 for... Read More »

1 Rita Terrace Map

Ask a local expert about this home:
RM
Hacienda Realty
Listing Agent

1 Rita Ter, Lynn, MA 01902US
1 Rita Ter is located in Lynn, MA. At this time, the property has an estimated value of $239,100 and yearly taxes of $2,998. This home has 3 bedrooms, 1 bathroom, and approximately 912 sqft of living space. The property was built in 1950. Similar homes nearby have 3 bedrooms, 1 bath and sell for around $250,000. Rosa Martinez is a Homesnap Local Expert in and around Lynn.
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