NOT LISTED FOR SALE

12 Chancery Ct Unit 402 Lynn, MA 01902

Diamond District Neighborhood

Estimated Value: $362,000 - $381,543

2 Beds
2 Baths
917 Sq Ft
$382/mo HOA Fee

Last Sold February 29, 2024

Last sale price $355,000 $387 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,731/month

4 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Waterfront
  • Ocean View
  • Medical Services
  • Open Floorplan

About This Home

As of February 2024

Wonderful opportunity to purchase this fantastic ocean view two-bedroom unit located in the Diamond district of Lynn walking distance to the beach, commuter rail, restaurants and bakeries. Unit has an excellent floor plan with ocean views from every room, consisting of a large living room with sliders to a private deck, well equipped kitchen, two large bedrooms with ample closet space and two full bathrooms. Two deeded parking spaces(one covered). Professionally managed building with elevator and extra storage. This property is a gem and must see!

Last Listed By

Martin Tokos

Coldwell Banker First Quality Realty Listed on: 01/24/2024

Coldwell Banker First Quality Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,323

Year Built

  • Built in 1988

Lot Details

  • Waterfront
  • Near Conservation Area
  • Two or More Common Walls

HOA Fees

  • $382 Monthly HOA Fees

Property Views

  • Ocean
  • Marina
  • Bay

Home Design

  • Brick Exterior Construction
  • Rubber Roof
  • Stone

Interior Spaces

  • 917 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Insulated Windows
  • Window Screens
  • Sliding Doors
  • Insulated Doors
  • Intercom
  • Laundry in unit

Kitchen

  • Range
  • Dishwasher

Flooring

  • Concrete
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Parking Spaces
  • Paved Parking
  • Open Parking
  • Deeded Parking
  • Assigned Parking

Outdoor Features

  • Walking Distance to Water
  • Balcony

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Individual Controls for Heating

Listing and Financial Details

  • Assessor Parcel Number 2002475

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, road maintenance, ground maintenance, snow removal, trash, reserve funds
  • 40 Units
  • Mid-Rise Condominium

Amenities

  • Medical Services
  • Shops
  • Clubhouse
  • Coin Laundry
  • Elevator
  • Community Storage Space

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Park
  • Jogging Path
  • Bike Trail

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,323

Year Built

Built in 1988

Lot Details

0

HOA Fees

$382 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Mid-Rise
  • Year Built: 1988
  • Buyer Agency: 2%
  • Buyer Agency Type: %
  • Entry Level: 4
  • Transaction Broker: 1%
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile, Vinyl, Concrete
  • Door Features: Insulated Doors
  • Entry Location: Unit Placement(Upper)
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Refrigerator, Utility Connections for Electric Range
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Master Bathroom Features: Yes
  • Laundry Features: In Building, In Unit
  • Room Living Room Features: Flooring - Vinyl, Balcony / Deck, Open Floorplan, Slider
  • Basement: N
  • Living Area: 917
  • Spa YN: No
  • Stories Total: 1
  • Window Features: Insulated Windows, Screens
  • MAIN LO: BB5859
  • LIST PRICE PER Sq Ft: 358.78
  • PRICE PER Sq Ft: 387.13
  • MAIN SO: AN4339
  • Insulation: Full

Exterior Features

  • Exterior Features: Balcony, Screens
  • Common Walls: 2+ Common Walls
  • Construction Materials: Brick, Stone
  • Home Warranty YN: No
  • Roof: Rubber
  • Waterfront Features: Beach Front, Beach Access, Walk to, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: Yes

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Deeded, Paved, Exclusive Parking
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Cooling: Central Air
  • Heating: Forced Air, Heat Pump, Electric, Unit Control
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Security Features: Intercom
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Laundry, Elevator(s), Clubroom, Storage
  • Association Fee: 382.45
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, University
  • Senior Community YN: No
  • UNIT BUILDING: 402
  • MANAGEMENT: Professional - Off Site
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Parcel Number: 2002475
  • Zoning: R5
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • PAGE: 366
  • OUTDOOR SPACE AVAILABLE: Yes - Private
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3323
  • Tax Book Number: 26590

Multi Family

  • Number Of Units Total: 40
  • Basement Included Sq Ft: No
  • Waterview: Bay, Marina, Ocean, Walk to

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2024
Closed on
Feb 29, 2024
Sold by
Napier Charmeen V
Bought by
Alvarez Sonibette A
Seller's Agent
Martin Tokos
Coldwell Banker First Quality Realty
Buyer's Agent
Michelle Fermin
Century 21 North East
List Price
$329,000
Sold Price
$355,000
Premium/Discount to List
$26,000
7.9%
Total Days on Market
4
Views
93
Current Estimated Value
$367,886

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,886
Avg. Annual Appreciation
3.01%
Original Mortgage
$344,350
Outstanding Balance
$340,247
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$28,164

Purchase Details

Closed on
Feb 23, 2007
Sold by
Brilman Roman
Bought by
Napier Charmeen V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,730
Interest Rate
6.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 28, 2003
Sold by
Gulyak Mary
Bought by
Brilman Roman

Purchase Details

Closed on
Nov 20, 2000
Sold by
Chancery 402 Rt and Seiberg
Bought by
Gulyak Mary

Purchase Details

Closed on
May 20, 1992
Sold by
Dime Sb New York
Bought by
Seiberg Jonathan

Purchase Details

Closed on
Feb 7, 1992
Sold by
Nixon Drew C
Bought by
Dime Sb New York

Purchase Details

Closed on
Sep 12, 1988
Sold by
Chancery Corp
Bought by
Nixon Drew C

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
Alvarez Sonibette A $355,000 None Available
Alvarez Sonibette A $355,000 None Available
Napier Charmeen V $209,000 --
Napier Charmeen V $209,000 --
Brilman Roman $215,000 --
Brilman Roman $215,000 --
Gulyak Mary $148,000 --
Gulyak Mary $148,000 --
Seiberg Jonathan $45,000 --
Seiberg Jonathan $45,000 --
Dime Sb New York $40,000 --
Dime Sb New York $40,000 --
Nixon Drew C $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alvarez Sonibette A $344,350
Closed Alvarez Sonibette A $344,350
Previous Owner Nixon Drew C $202,730
Previous Owner Nixon Drew C $6,270
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/29/2024 02/29/24 Sold $355,000 +7.9% $387 / Sq Ft
01/29/2024 01/29/24 Pending -- -- --
01/24/2024 01/24/24 For Sale $329,000 -- $359 / 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 $3,475 $335,400 $0 $335,400
2024 $3,410 $323,800 $0 $323,800
2023 $3,323 $298,000 $0 $298,000
2022 $3,228 $259,700 $0 $259,700
2021 $3,294 $252,800 $0 $252,800
2020 $3,181 $237,400 $0 $237,400
2019 $2,635 $184,300 $0 $184,300
2018 $2,601 $171,700 $0 $171,700
2017 $2,370 $151,900 $0 $151,900
2016 $2,262 $139,800 $0 $139,800
2015 $2,219 $132,500 $0 $132,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73196130

MLS Property Information Network (MLS PIN)

APN: LYNN-000081-000584-000028-000022-000022