NOT LISTED FOR SALE

12 Chancery Ct Unit PH3 Lynn, MA 01902

Diamond District Neighborhood

Estimated Value: $410,000 - $451,038

2 Beds
2 Baths
1,131 Sq Ft
0.66 Acres

Last Sold July 17, 2020

Last sale price $325,000 $287 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $2,817/month

7 Days on Market

Highlights

  • Ocean View
  • Intercom
  • Central Air
  • Wood Flooring

About This Home

As of July 2020

Location is everything! Enjoy all this well cared for corner, penthouse, 2 bedroom condo can offer. Overlooking the ocean and city views are yours from the newer sliders and balcony. The open floorplan, includes large living area with customs sun shades on triple sliders, dining area, and balcony space. Fully applianced kitchen with pass thru and breakfast bar. Updated appliances. Spacious master bedroom with private full bath and walk in closet. Corner unit offers windows on two sides for great cross breeze! Interior painted within the last year.

Last Listed By

Elaine Hoff

RE/MAX Encore Listed on: 06/02/2020

RE/MAX Encore

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,350

Year Built

  • Built in 1988

Lot Details

  • 0.66

Kitchen

  • Range
  • Microwave
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Utilities

  • Central Air
  • Individual Controls for Heating
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Ocean Views
  • Year Round Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,350

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Mid-Rise
  • Other Agent: 2.00
  • Year Built Description: Actual
  • List Price Per Sq Ft: 274.98
  • Comp Based On: Net Sale Price
  • Year Built: 1988
  • Year Round: Yes
  • Unit Building: PH3
  • Unit Level: 5
  • Unit Placement: Top/Penthouse, Corner
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1988

Interior Features

  • Flooring: Tile, Wall to Wall Carpet, Hardwood
  • Interior Amenities: Cable Available, Intercom, Elevator
  • Appliances: Range, Disposal, Microwave, Refrigerator
  • No Bedrooms: 2
  • Master Bedroom: On Level: First Floor, Bathroom - Full, Closet - Walk-in, Flooring - Wall to Wall Carpet, Lighting - Overhead
  • Bedroom 2: On Level: First Floor, Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet, Lighting - Overhead
  • Full Bathrooms: 2
  • Primary Bathroom: Yes
  • Bathroom 1: On Level: First Floor, Bathroom - Full, Flooring - Stone/Ceramic Tile
  • Bathroom 2: On Level: First Floor, Bathroom - Full, Flooring - Stone/Ceramic Tile
  • No Rooms: 4
  • Kitchen: On Level: First Floor, Flooring - Stone/Ceramic Tile, Breakfast Bar / Nook, Lighting - Overhead
  • Laundry: On Level: First Floor, Dryer Hookup - Electric, Washer Hookup
  • Living Room: On Level: First Floor, Flooring - Hardwood, Balcony - Exterior, Lighting - Overhead
  • No Living Levels: 1
  • Main Lo: B95079
  • Main So: AN2660
  • Estimated Sq Ft: 1131.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 1/2 to 1 Mile
  • Waterview Features: Ocean
  • Waterview Flag: Yes
  • Construction: Brick
  • Exterior: Brick
  • Insulation Feature: Unknown
  • Exterior Unit Features: Balcony, City View(s)

Garage/Parking

  • Parking Spaces: 2
  • Garage Parking: Detached, Deeded, Common

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Cooling: Central Air
  • Heating: Electric, Unit Control
  • Hot Water: Electric
  • Utility Connections: for Electric Range, for Electric Oven, for Electric Dryer

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Marina, T-Station
  • HOA Fees: 397.00
  • Association Fee Includes: Master Insurance, Security, Exterior Maintenance, Landscaping, Snow Removal, Clubroom, Extra Storage, Management Fee
  • Condo Association: Yes
  • Association Security: Intercom
  • Management: Professional - Off Site

Association/Amenities

  • Condominium Name: Chancery Court

Lot Info

  • Assessments: 290000.00
  • Lot: 28
  • Page: 92
  • Zoning: muti
  • Master Book: 9399
  • Master Page: 314

Tax Info

  • Taxes: 3886.00
  • Assessor Parcel Number: 2002510

Multi Family

  • No Units: 40
  • No Units Owner Occ: 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2020
Closed on
Jul 15, 2020
Sold by
Mairon F Martochio T
Bought by
Strickland Stanley L
Seller's Agent
Elaine Hoff
RE/MAX Encore
Buyer's Agent
Cassius Grenot
Century 21 North East Homes
List Price
$311,000
Sold Price
$325,000
Premium/Discount to List
$14,000
4.5%
Total Days on Market
7
Current Estimated Value
$438,510

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,510
Avg. Annual Appreciation
6.04%
Original Mortgage
$185,000
Outstanding Balance
$166,583
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$265,774

Purchase Details

Closed on
Jun 27, 2014
Sold by
Martochio Marion F
Bought by
Marion F Martochio T F and Marion Martochio

Purchase Details

Listed on
Sep 23, 2013
Closed on
Apr 11, 2014
Sold by
Condon Thomas P
Bought by
Martochio Marion F
Seller's Agent
Blaze Johnson
J. Barrett & Company
Buyer's Agent
Elaine Hoff
RE/MAX Encore
List Price
$164,000
Sold Price
$152,000
Premium/Discount to List
-$12,000
-7.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.84%
Original Mortgage
$147,440
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 4, 2003
Sold by
Fram Norman
Bought by
Condon Thomas P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,600
Interest Rate
6.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 10, 1997
Sold by
Maguire Kevin C
Bought by
Fram Norman D

Purchase Details

Closed on
Apr 27, 1992
Sold by
Garden Management
Bought by
Maguire Kevin C

Purchase Details

Closed on
Sep 19, 1988
Sold by
Chancery Corp
Bought by
Sauvageau Paul P

Range of Values:

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Average Value
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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
Strickland Stanley L $325,000 None Available
Strickland Stanley L $325,000 None Available
Marion F Martochio T F -- --
Marion F Martochio T -- --
Martochio Marion F $152,000 --
Condon Thomas P $257,000 --
Condon Thomas P $257,000 --
Fram Norman D $85,000 --
Fram Norman D $85,000 --
Maguire Kevin C $46,000 --
Maguire Kevin C $46,000 --
Sauvageau Paul P $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Strickland Stanley L $185,000
Closed Strickland Stanley L $185,000
Previous Owner Martochio Marion F $147,440
Previous Owner Sauvageau Paul P $205,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2020 07/17/20 Sold $325,000 +4.5% $287 / Sq Ft
06/09/2020 06/09/20 Pending -- -- --
06/02/2020 06/02/20 For Sale $311,000 +104.6% $275 / Sq Ft
04/11/2014 04/11/14 Sold $152,000 0.0% $134 / Sq Ft
10/10/2013 10/10/13 Off Market $152,000 -- --
10/01/2013 10/01/13 For Sale $164,000 +7.9% $145 / Sq Ft
09/24/2013 09/24/13 Off Market $152,000 -- --
09/23/2013 09/23/13 For Sale $164,000 -- $145 / 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 $4,350 $419,900 $0 $419,900
2024 $4,275 $406,000 $0 $406,000
2023 $4,168 $373,800 $0 $373,800
2022 $4,039 $324,900 $0 $324,900
2021 $4,022 $308,700 $0 $308,700
2020 $3,886 $290,000 $0 $290,000
2019 $3,230 $225,900 $0 $225,900
2018 $2,946 $210,600 $0 $210,600
2017 $2,913 $186,700 $0 $186,700
2016 $2,781 $171,900 $0 $171,900
2015 $2,730 $163,000 $0 $163,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72667232

MLS Property Information Network (MLS PIN)

APN: LYNN-000081-000584-000028-000033-000033