$500,000
SOLD SEP 23, 2024

12 Chancery Ct Unit PH10 Lynn, MA 01902

Diamond District Neighborhood
2 Beds
2 Baths
1,056 Sq Ft
$495/mo HOA Fee

Recently Sold

$473 Per Sq Ft

1% Above List Price

5 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • No Units Above
  • Ocean View
  • Medical Services
  • Clubhouse

About This Home

As of September 2024

Wonderful opportunity to purchase this unique gem of a property with one of the best views you can find. Located in the Diamond district of Lynn walking distance to the beach, commuter rail and restaurants. This penthouse corner unit has excellent floor plan with ocean views from every room, unit consists of a large living room with sliders to a private balcony, well equipped kitchen, two large bedrooms with ample closet space and two full bathrooms. In unit laundry, nice updates and finishes. Professionally managed building with elevator and extra storage. One deeded covered parking space near the entrance. This property is a must see!

Last Agent to Sell the Property

Martin Tokos

Coldwell Banker First Quality Realty Listed on: 08/14/2024

Coldwell Banker First Quality Realty

Last Buyer's Agent

Doina Leca

Engel & Volkers Boston

Engel & Volkers Boston

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,509

Year Built

  • Built in 1988

Lot Details

  • Near Conservation Area
  • No Units Above

HOA Fees

  • $495 Monthly HOA Fees

Property Views

  • Ocean
  • Marina

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Rubber Roof

Interior Spaces

  • 1,056 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Intercom
  • Laundry in unit

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Tuck Under Parking
  • 1 Car Parking Space
  • Open Parking
  • Off-Street Parking
  • Deeded Parking
  • Assigned Parking

Accessible Home Design

  • Level Entry For Accessibility

Outdoor Features

  • Walking Distance to Water
  • Balcony

Location

  • Property is near public transit
  • Property is near schools

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2002478

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

$4,509

Year Built

Built in 1988

Lot Details

0

HOA Fees

$495 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Mid-Rise
  • Year Built: 1988
  • Buyer Agency: 2
  • Entry Level: 5
  • Transaction Broker: 1
  • Year Built Details: Actual
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Wood
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Microwave, Refrigerator
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Master Bathroom Features: Yes
  • Laundry Features: In Building, In Unit
  • Basement: N
  • Accessibility Features: Accessible Entrance
  • Living Area: 1056
  • Spa YN: No
  • Stories Total: 1
  • MAIN LO: BB5859
  • LIST PRICE PER Sq Ft: 468.28
  • PRICE PER Sq Ft: 473.48
  • MAIN SO: AN2593

Exterior Features

  • Exterior Features: Balcony
  • Common Walls: No One Above, Corner
  • Construction Materials: Frame, Brick
  • Home Warranty YN: No
  • Roof: Rubber
  • Waterfront Features: Beach Front, Ocean, Walk to, 1/10 to 3/10 To Beach
  • Waterfront YN: No
  • Waterview Flag: Yes

Garage/Parking

  • Attached Garage YN: Yes
  • Carport Y N: No
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Under, Deeded, Off Street, Paved, Exclusive Parking
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Cooling: Central Air, Individual, Unit Control
  • Heating: Forced Air, Electric, Individual, 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: 494.6
  • Association Fee Frequency: Monthly
  • 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: PH10
  • 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: 2002478
  • Zoning: R5
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • PAGE: 332
  • OUTDOOR SPACE AVAILABLE: Yes - Private
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 4509
  • Tax Book Number: 29982

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2024
Closed on
Sep 23, 2024
Sold by
Lopez Diego and Lopez Dina
Bought by
Morales Adrianna T and Mota Victor C
Seller's Agent
Martin Tokos
Coldwell Banker First Quality Realty
Buyer's Agent
Doina Leca
Engel & Volkers Boston
List Price
$494,500
Sold Price
$500,000
Premium/Discount to List
$5,500
1.11%
Views
13
Current Estimated Value
$506,913

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,913
Avg. Annual Appreciation
0.71%
Original Mortgage
$450,000
Outstanding Balance
$447,512
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$55,401

Purchase Details

Closed on
Nov 19, 2010
Sold by
Griffin Ken
Bought by
Lopez Diego and Lopez Dina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
4.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 6, 1992
Sold by
Citicorp Mtg Inc
Bought by
Griffin Ken
Source: Public Records

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Range of Values:

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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 $500,000 None Available
Condominium Deed $500,000 None Available
Condominium Deed $500,000 None Available
Deed $176,000 --
Deed $176,000 --
Deed $49,900 --
Deed $49,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $450,000 Purchase Money Mortgage
Closed $450,000 Purchase Money Mortgage
Previous Owner $113,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $120,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2024 09/23/24 Sold $500,000 +1.1% $473 / Sq Ft
08/19/2024 08/19/24 Pending -- -- --
08/14/2024 08/14/24 For Sale $494,500 -- $468 / 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 $4,584 $442,500 $0 $442,500
2024 $4,509 $428,200 $0 $428,200
2023 $4,384 $393,200 $0 $393,200
2022 $4,242 $341,300 $0 $341,300
2021 $4,327 $332,100 $0 $332,100
2020 $4,171 $311,300 $0 $311,300
2019 $3,453 $241,500 $0 $241,500
2018 $3,400 $224,400 $0 $224,400
2017 $3,078 $197,300 $0 $197,300
2016 $2,925 $180,800 $0 $180,800
2015 $2,863 $170,900 $0 $170,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73277888

MLS Property Information Network (MLS PIN)

APN: LYNN-000081-000584-000028-000040-000040