NOT LISTED FOR SALE

16 Margin St Unit 10 Lynn, MA 01905

Austin Square Neighborhood

Estimated Value: $407,000 - $516,000

3 Beds
2 Baths
1,249 Sq Ft
$320/mo HOA Fee

Last Sold June 24, 2022

Last sale price $400,000 $320 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,056/month

5 Days on Market

Highlights

  • Marina
  • No Units Above
  • 0.41 Acre Lot
  • Medical Services
  • Waterfront
  • 2-minute walk to GEAA Field

About This Home

As of June 2022

Move right in to this immaculate well-kept top floor corner unit located in the well established Saugus River Condominiums. The welcoming eat-in kitchen boasts a large pantry and provides convenient access to in-unit laundry. The kitchen flows into the living room which is filled with warm natural light from the oversized windows. The spacious master bedroom flaunts a huge master bath which includes double linen closets. The possibilities are endless with the two additional bedrooms which could be used as a home office, gym, studio, or guest bedroom. The unit comes with 1 deeded parking space with guest parking available on the street. Easy access to Route 1, Route 95, and just a short drive to Nahant and Revere Beaches, bike path, and walking trails. Only a 10 mile drive to Downtown Boston, or easy city access via The Commuter Rail. Don't miss the open houses this weekend Saturday April 2nd & Sunday April 3rd from 11:30-1pm!!

Last Agent to Sell the Property

Greg DiGiorgio

DiGiorgio Realty Group Listed on: 03/30/2022

Co-Listed By

John Stewart

DiGiorgio Realty Group

Last Buyer's Agent

Maria Carranza Sapone

Master Key Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,128

Year Built

  • Built in 2006

Lot Details

  • Waterfront
  • Near Conservation Area
  • No Units Above
  • End Unit

HOA Fees

  • $320 Monthly HOA Fees

Home Design

  • Entry on the 3rd floor
  • Frame Construction
  • Rubber Roof

Interior Spaces

  • 1,249 Sq Ft Home
  • 1-Story Property
  • Light Fixtures
  • Insulated Windows
  • Picture Window
  • Insulated Doors
  • Intercom

Kitchen

  • Stove
  • Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on third floor
  • Custom Closet System
  • Linen Closet
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry on upper level
  • Washer and Electric Dryer Hookup

Parking

  • 1 Car Parking Space
  • Paved Parking
  • Open Parking
  • Off-Street Parking
  • Deeded Parking

Eco-Friendly Details

  • Energy-Efficient Thermostat

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Forced Air Heating and Cooling System
  • 1 Cooling Zone
  • 1 Heating Zone
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • 100 Amp Service
  • Natural Gas Connected
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number M:020 B:307 L:002 S:010,4654263

Community Details

Overview

  • Association fees include water, sewer, insurance, ground maintenance, snow removal
  • 12 Units
  • Low-Rise Condominium
  • Saugus River Condominiums Community

Amenities

  • Medical Services
  • Shops

Recreation

  • Marina
  • Park
  • Jogging Path
  • Bike Trail

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,128

Year Built

Built in 2006

Lot Details

0

HOA Fees

$320 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Low-Rise
  • Year Built: 2006
  • Buyer Agency: 2.0
  • Buyer Agency Type: %
  • Entry Level: 3
  • Transaction Broker: 2.0
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Tile, Hardwood
  • Interior Amenities: High Speed Internet
  • Door Features: Insulated Doors
  • Entry Location: Unit Placement(Front)
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Microwave, Gas Water Heater,Tank Water Heater, Plumbed For Ice Maker, Utility Connections for Gas Range, Utility Connections for Gas Oven, Utility Connections for Electric Dryer
  • Total Bedrooms: 3
  • Room Bedroom2 Level: Third
  • Room Bedroom2 Features: Closet/Cabinets - Custom Built, Flooring - Hardwood, Window(s) - Picture, Lighting - Overhead
  • Room Bedroom2 Area: 154
  • Room Bedroom3 Features: Closet, Flooring - Hardwood, Window(s) - Picture, Lighting - Overhead
  • Room Bedroom3 Area: 143
  • Room Bedroom3 Level: Third
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Room Master Bedroom Features: Bathroom - Full, Closet - Linen, Closet/Cabinets - Custom Built, Flooring - Hardwood, Flooring - Stone/Ceramic Tile, Window(s) - Picture, Lighting - Overhead
  • Room Master Bedroom Level: Third
  • Room Master Bedroom Area: 224
  • Master Bathroom Features: Yes
  • Bathroom 1 Area: 60
  • Bathroom 1 Features: Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Lighting - Overhead
  • Bathroom 1 Level: Third
  • Bathroom 2 Level: Third
  • Bathroom 2 Area: 96
  • Bathroom 2 Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Closet - Linen, Flooring - Stone/Ceramic Tile, Lighting - Overhead
  • Room Kitchen Level: Third
  • Room Kitchen Features: Closet, Flooring - Hardwood, Dryer Hookup - Electric, Washer Hookup, Gas Stove, Lighting - Overhead
  • Room Kitchen Area: 168
  • Laundry Features: Laundry Closet, Electric Dryer Hookup, Washer Hookup, Third Floor, In Unit
  • Room Living Room Level: Third
  • Room Living Room Area: 224
  • Room Living Room Features: Flooring - Hardwood, Window(s) - Picture, Cable Hookup, Lighting - Overhead
  • Living Area: 1249
  • Other Equipment: Intercom
  • Stories Total: 1
  • Window Features: Insulated Windows
  • MAIN LO: AN4643
  • LIST PRICE PER Sq Ft: 296.16
  • PRICE PER Sq Ft: 320.26
  • MAIN SO: AN1469

Exterior Features

  • Common Walls: No One Above, End Unit, Corner
  • Construction Materials: Frame
  • Roof: Rubber
  • Waterfront Features: Waterfront, Beach Front, Ocean, River, Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: Yes

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Off Street, Deeded, Paved
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Oven, for Electric Dryer, Washer Hookup, Icemaker Connection
  • Cooling: Central Air, Individual, Unit Control
  • Heating: Forced Air, Natural Gas, Individual, Unit Control
  • Cooling Y N: Yes
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating YN: Yes
  • Security Features: Intercom
  • Water Source: Public
  • SEWAGE DISTRICT: MWRA
  • HEAT ZONES: 1
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association Fee: 320
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Conservation Area, Highway Access, Marina, Public School, T-Station
  • Senior Community YN: No
  • UNIT BUILDING: 10
  • MANAGEMENT: Owner Association
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Parcel Number: M:020 B:307 L:002 S:010,4654263
  • Zoning: LI
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.41
  • Lot Size Area: 0.41
  • Lot Size Sq Ft: 18000
  • Lot Size Units: Acres
  • PAGE: 505
  • OUTDOOR SPACE AVAILABLE: No

Green Features

  • Green Energy Efficient: Thermostat

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4128
  • Tax Book Number: 35268

Multi Family

  • Number Of Units Total: 12
  • Basement Included Sq Ft: No
  • NO UNITS OWNER OCC: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2016
Closed on
Sep 16, 2016
Sold by
Porraz Fabian R and Porraz Gilda
Bought by
Canovic Adalet and Canovic Melisa
Seller's Agent
Robert Mailhoit
Lyv Realty
Buyer's Agent
Greg DiGiorgio
DiGiorgio Realty Group
List Price
$244,900
Sold Price
$245,000
Premium/Discount to List
$100
0.04%
Current Estimated Value
$453,003

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,003
Avg. Annual Appreciation
7.38%
Original Mortgage
$232,750
Outstanding Balance
$186,917
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$279,097

Purchase Details

Closed on
Sep 13, 2010
Sold by
Russo John
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 16, 2007
Sold by
Corcoran Bros Dev Inc
Bought by
Russo John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,900
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage
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
Canovic Adalet $245,000 --
Federal National Mortgage Association $212,095 --
Federal National Mortgage Association $212,095 --
Russo John $249,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Canovic Adalet $232,750
Closed Canovic Adalet $232,750
Previous Owner Russo John $97,600
Previous Owner Russo John $97,600
Previous Owner Russo John $249,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2022 06/24/22 Sold $400,000 +8.1% $320 / Sq Ft
04/05/2022 04/05/22 Pending -- -- --
03/30/2022 03/30/22 For Sale $369,900 +51.0% $296 / Sq Ft
09/16/2016 09/16/16 Sold $245,000 0.0% $196 / Sq Ft
07/02/2016 07/02/16 Pending -- -- --
06/10/2016 06/10/16 For Sale $244,900 -- $196 / 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 $4,112 $396,900 $0 $396,900
2024 $4,039 $383,600 $0 $383,600
2023 $3,853 $345,600 $0 $345,600
2022 $4,128 $332,100 $0 $332,100
2021 $3,621 $277,900 $0 $277,900
2020 $3,772 $281,500 $0 $281,500
2019 $3,877 $271,100 $0 $271,100
2018 $3,555 $236,800 $0 $236,800
2017 $3,522 $225,800 $0 $225,800
2016 $3,396 $209,900 $0 $209,900
2015 $2,526 $150,800 $0 $150,800
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2022

    Greg DiGiorgio

    DiGiorgio Realty Group

    (617) 233-4530

    1 in this area

    71 Total Sales

    Greg DiGiorgio
    Section Image
  • John Stewart

    Seller Co-Listing Agent in 2022

    John Stewart

    DiGiorgio Realty Group

    (617) 999-4367

    1 in this area

    14 Total Sales

    John Stewart
    Section Image
  • Maria Carranza Sapone

    Buyer's Agent in 2022

    Maria Carranza Sapone

    Master Key Real Estate

    (617) 694-8091

    1 in this area

    24 Total Sales

    Maria Carranza Sapone
    Section Image
  • Robert Mailhoit

    Seller's Agent in 2016

    Robert Mailhoit

    Lyv Realty

    (800) 844-7653

    10 Total Sales

    Robert Mailhoit
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72959696

MLS Property Information Network (MLS PIN)

APN: LYNN-000020-000307-000002-000010-000010

Massachusetts Essex County Lynn 01905 Austin Square

16 Margin St Unit 10, Lynn, MA

This home is located at 16 Margin St Unit 10, Lynn, MA 01905 since 30 March 2022 and is currently estimated at $453,003, approximately $362 per square foot. This property was built in 2006. 16 Margin St Unit 10 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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