$305,000
SOLD SEP 2, 2020

10 Sachem Terrace Unit 1 Lynn, MA 01902

Diamond District Neighborhood
2 Beds
1 Bath
1,090 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$280 Per Sq Ft

6% Above List Price

8 Days on Market

About This Home

As of September 2020

Bright and cheery over sized Diamond District 2 bed just steps from the beach. This updated condo features a spacious floorplan, garage parking, laundry in unit and a fenced in yard for socially distant space for you and your pet. Living room is filled with natural light and seasonal water views, plus a generous bumpout providing plenty of space for your home office. Eat in kitchen with stainless steel appliances and granite countertops leading out to your private back porch over looking the common yard. Condo includes 1 garage parking spot and 1 outdoor spot behind it. Original hardwood floors with period detail. Just over 1/2 mile to commuter rail for easy commute into Boston or up and down the north shore. Lynn is growing with new restaurants opening up by the month and future development along the shore. You cannot get closer to the beach for this price with garage parking, yard, and more.

Last Agent to Sell the Property

Shaun Ulloa

Foundation Real Estate Services Listed on: 07/20/2020

Last Buyer's Agent

Patricia Sutherland

Keller Williams Realty Boston Northwest

Keller Williams Realty Boston Northwest

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,040

Year Built

  • Built in 1900

Parking

  • 1 Car Garage

Property Views

  • Ocean Views

Kitchen

  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Laundry

  • Dryer
  • Washer

Utilities

  • Window Unit Cooling System
  • Hot Water Baseboard Heater
  • Heating System Uses Gas
  • Natural Gas Water Heater

Additional Features

  • Basement

Community Details

  • Pets Allowed

Listing and Financial Details

  • Assessor Parcel Number M:081 B:583 L:030 S:001

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,040

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: 2/3 Family
  • Year Built Description: Actual
  • List Price Per Sq Ft: 265.14
  • Comp Based On: Net Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Unit Building: 1
  • Unit Level: 1
  • Unit Placement: Street
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1900

Interior Features

  • Flooring: Tile, Hardwood
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
  • No Bedrooms: 2
  • Master Bedroom: On Level: First Floor, Flooring - Hardwood, Lighting - Overhead
  • Bedroom 2: On Level: First Floor, Flooring - Hardwood, Lighting - Overhead
  • Full Bathrooms: 1
  • Bathroom 1: On Level: First Floor, Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
  • No Rooms: 5
  • Dining Room: On Level: First Floor, Flooring - Hardwood, Lighting - Overhead
  • Kitchen: On Level: First Floor, Ceiling Fan(s), Flooring - Hardwood, Pantry, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Stainless Steel Appliances, Lighting - Overhead
  • Laundry: On Level: First Floor, Dryer Hookup - Electric, Washer Hookup
  • Living Room: On Level: First Floor, Ceiling Fan(s), Flooring - Hardwood
  • Basement: Y
  • No Living Levels: 1
  • Main Lo: AN0155
  • Main So: BB3298
  • Estimated Sq Ft: 1090.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 1/10 to 3/10
  • Waterview Features: Ocean, Walk to
  • Waterview Flag: Yes
  • Construction: Stone/Concrete
  • Exterior: Aluminum
  • Exterior Unit Features: Deck - Wood, Fenced Yard

Garage/Parking

  • Parking Feature: Off-Street, Assigned
  • Parking Spaces: 1
  • Garage Parking: Detached, Assigned
  • Garage Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Cooling: Window AC
  • Heating: Hot Water Baseboard, Gas
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Electric Dryer, Washer Hookup

Condo/Co-op/Association

  • Amenities: Public Transportation, Park, Walk/Jog Trails
  • HOA Fees: 200.00
  • Association Fee Includes: Water, Sewer, Master Insurance, Exterior Maintenance
  • Condo Association: Yes
  • Management: Owner Association

Lot Info

  • Assessments: 237900.00
  • Acre: 0.16
  • Lot Size: 7138.00
  • Page: 321
  • Parcel Number: M:081 B:583 L:030 S:001
  • Zoning: R5

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Taxes: 3188.00
  • Assessor Parcel Number: 2002350

Multi Family

  • No Units: 3
  • No Units Owner Occ: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2020
Closed on
Aug 28, 2020
Sold by
Daniels Carissa
Bought by
Henry Laura C
Seller's Agent
Shaun Ulloa
Foundation Real Estate Services
Buyer's Agent
Patricia Sutherland
Keller Williams Realty Boston Northwest
List Price
$289,000
Sold Price
$305,000
Premium/Discount to List
$16,000
5.54%
Current Estimated Value
$418,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,702
Avg. Annual Appreciation
6.74%
Original Mortgage
$240,000
Outstanding Balance
$215,749
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$202,953

Purchase Details

Listed on
Jan 15, 2018
Closed on
Mar 12, 2018
Sold by
Boucek Hana I
Bought by
Daniels Carissa
Seller's Agent
Colleen Toner
Toner Real Estate, LLC
Buyer's Agent
Shaun Ulloa
Foundation Real Estate Services
List Price
$249,900
Sold Price
$249,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.37%
Original Mortgage
$199,920
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 3, 2003
Sold by
Cooper Charles and Cooper Patricia Shay
Bought by
Boucek Hana I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,400
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 15, 1998
Sold by
Carroca Antonio and Carroca Isaura
Bought by
Cooper Charles and Cooper Patricia

Purchase Details

Closed on
Dec 23, 1992
Sold by
Fed Natl Mtg Assn
Bought by
Couto Alexander A

Purchase Details

Closed on
Nov 24, 1992
Sold by
Foley Robert J
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 17, 1989
Sold by
Morgan J Paul
Bought by
Foley Robert J
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Condominium Deed $305,000 None Available
Condominium Deed $305,000 None Available
Not Resolvable $249,900 --
Deed $188,000 --
Deed $188,000 --
Deed $64,000 --
Deed $64,000 --
Deed $27,500 --
Deed $27,500 --
Foreclosure Deed $20,400 --
Foreclosure Deed $20,400 --
Deed $102,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $240,000 New Conventional
Closed $240,000 New Conventional
Previous Owner $199,920 New Conventional
Previous Owner $134,000 No Value Available
Previous Owner $150,400 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2020 09/02/20 Sold $305,000 +5.5% $280 / Sq Ft
07/28/2020 07/28/20 Pending -- -- --
07/20/2020 07/20/20 For Sale $289,000 +15.6% $265 / Sq Ft
03/12/2018 03/12/18 Sold $249,900 0.0% $229 / Sq Ft
01/25/2018 01/25/18 Pending -- -- --
01/15/2018 01/15/18 For Sale $249,900 -- $229 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,040 $390,000 $0 $390,000
2024 $3,856 $366,200 $0 $366,200
2023 $3,746 $336,000 $0 $336,000
2022 $3,602 $289,800 $0 $289,800
2021 $3,798 $291,500 $0 $291,500
2020 $3,188 $237,900 $0 $237,900
2019 $2,503 $175,000 $0 $175,000
2018 $2,333 $165,400 $0 $165,400
2017 $2,326 $149,100 $0 $149,100
2016 $2,299 $142,100 $0 $142,100
2015 $2,080 $124,200 $0 $124,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72694821

MLS Property Information Network (MLS PIN)

APN: LYNN-000081-000583-000030-000001-000001