NOT LISTED FOR SALE

11 Margin St Unit 3 Lynn, MA 01905

Austin Square Neighborhood

Estimated Value: $271,000 - $325,325

1 Bed
1 Bath
782 Sq Ft
$261/mo HOA Fee

Last Sold April 06, 2012

Last sale price $65,000 $83 Per Sq Ft

Est. 363% increase in value since last sale

Current estimated payment $2,096/month

8 Days on Market

Highlights

  • Senior Community
  • Property is near public transit
  • Community Pool
  • 1.12 Acre Lot
  • Main Floor Primary Bedroom
  • 3-minute walk to GEAA Field

About This Home

As of April 2012

Wonderful tri-level unit in move-in condition at Grayson Landing. Property is vacant and is a bank foreclosed unit. Deeded parking.Professional management company, in-ground pool, near Saugus line on the Little river.

Last Agent to Sell the Property

Franklyn Mohammed

Century 21 North East License #449504077 Listed on: 02/14/2012

Co-Listed By

Pat Shuman

Century 21 North East License #449505001

Last Buyer's Agent

Colleen Toner

Toner Real Estate, LLC

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1987

Lot Details

  • 1.12

HOA Fees

  • $261 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 782 Sq Ft Home
  • 3-Story Property
  • Home Security System
  • Range
  • Laundry on upper level

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Parking

  • 1 Car Parking Space
  • Off-Street Parking

Location

  • Property is near public transit

Schools

  • Callahan Elementary School
  • Breed Middle School

Utilities

  • Forced Air Heating and Cooling System
  • 1 Cooling Zone
  • 1 Heating Zone
  • Heat Pump System
  • 110 Volts
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number B:020 L:308 S:018003,1994369

Community Details

Overview

  • Senior Community
  • Association fees include water, sewer, insurance, maintenance structure, road maintenance, ground maintenance, snow removal
  • 34 Units
  • Grason Landing Community

Amenities

  • Shops

Recreation

  • Community Pool
  • Jogging Path

Property Details

Home Type

Condominium

Year Built

Built in 1987

Lot Details

0

HOA Fees

$261 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Attached
  • Year Built: 1987
  • Buyer Agency: 2.0
  • Buyer Agency Type: %
  • Entry Level: 1
  • Transaction Broker: 2.0
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • ResoPropertyType: Residential
  • Special Features: 20
  • Stories: 3

Interior Features

  • Flooring: Tile, Carpet
  • Interior Amenities: Other
  • Entry Location: Unit Placement(Upper)
  • Fireplace YN: No
  • Appliances: Range, Electric Water Heater, Utility Connections for Electric Range
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Level: First
  • Bathroom 1 Level: First
  • Room Dining Room Level: Second
  • Room Kitchen Level: Second
  • Laundry Features: Second Floor, In Unit
  • Room Living Room Level: Third
  • Living Area: 782
  • Stories Total: 3
  • MAIN LO: an4339
  • LIST PRICE PER Sq Ft: 76.6
  • PRICE PER Sq Ft: 83.12
  • MAIN SO: AC1714

Exterior Features

  • Exterior Features: Other
  • Construction Materials: Brick
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Cooling: Central Air, Individual, Unit Control
  • Heating: Forced Air, Heat Pump
  • Cooling Y N: Yes
  • Electric: 110 Volts
  • Heating YN: Yes
  • Security Features: Other, Security System
  • Water Source: Public
  • SEWAGE DISTRICT: Bost
  • HEAT ZONES: 1
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association Amenities: Pool
  • Association Fee: 261.12
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Pool, Walk/Jog Trails, Adult Community
  • Senior Community YN: No
  • UNIT BUILDING: 3
  • MANAGEMENT: Professional - Off Site
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal

Lot Info

  • Parcel Number: B:020 L:308 S:018003,1994369
  • Zoning: LI
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 1.12
  • Lot Size Area: 1.12
  • Lot Size Sq Ft: 48787.2
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • LOT SIZE: 48897
  • PAGE: 170

Green Features

  • Green Energy Efficient: Other (See Remarks)

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 1674
  • Tax Book Number: 23644

Multi Family

  • Number Of Units Total: 34
  • NO UNITS OWNER OCC: 30

MLS Schools

  • Elementary School: Callahan
  • Middle Or Junior School: Breed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2012
Closed on
Apr 6, 2012
Sold by
Mhfa
Bought by
Lewis Daniel
Seller's Agent
Franklyn Mohammed
Century 21 North East
Buyer's Agent
Colleen Toner
Toner Real Estate, LLC
List Price
$59,900
Sold Price
$65,000
Premium/Discount to List
$5,100
8.51%
Current Estimated Value
$300,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,831
Avg. Annual Appreciation
12.43%
Original Mortgage
$61,750
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2004
Sold by
Bansfield Jason S
Bought by
Olson Allen and Olson Joyce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,850
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 2, 2000
Sold by
Walsh Michael P and Walsh Andrea C
Bought by
Banfield Jason S
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lewis Daniel $65,000 --
Olson Allen $172,500 --
Banfield Jason S $95,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lewis Daniel $82,000
Closed Walsh Michael P $61,750
Previous Owner Walsh Michael P $163,850
Previous Owner Walsh Michael P $120,000
Previous Owner Walsh Michael P $97,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2012 04/06/12 Sold $65,000 +8.5% $83 / Sq Ft
02/22/2012 02/22/12 Pending -- -- --
02/14/2012 02/14/12 For Sale $59,900 -- $77 / 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 $2,959 $285,600 $0 $285,600
2024 $2,768 $262,900 $0 $262,900
2023 $2,358 $211,500 $0 $211,500
2022 $2,725 $219,200 $0 $219,200
2021 $2,705 $207,600 $0 $207,600
2020 $2,502 $186,700 $0 $186,700
2019 $2,206 $154,300 $0 $154,300
2018 $1,935 $127,700 $0 $127,700
2017 $1,866 $119,600 $0 $119,600
2016 $1,744 $107,800 $0 $107,800
2015 $1,854 $110,700 $0 $110,700
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2012

    Franklyn Mohammed

    Century 21 North East

  • P

    Seller Co-Listing Agent in 2012

    Pat Shuman

    Century 21 North East

  • Colleen Toner

    Buyer's Agent in 2012

    Colleen Toner

    Toner Real Estate, LLC

    (617) 438-7878

    5 in this area

    171 Total Sales

    Colleen Toner
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71338382

MLS Property Information Network (MLS PIN)

APN: LYNN-000020-000308-000018-000003-000003

Massachusetts Essex County Lynn 01905 Austin Square

11 Margin St Unit 3, Lynn, MA

This home is located at 11 Margin St Unit 3, Lynn, MA 01905 since 14 February 2012 and is currently estimated at $300,831, approximately $384 per square foot. This property was built in 1987. 11 Margin St Unit 3 is a home located in Essex County with nearby schools including Drewicz Elementary School, William R. Fallon School, and Breed Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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