16 Margin St Unit 3 Lynn, MA 01905
Austin Square NeighborhoodEstimated Value: $403,000 - $460,000
3
Beds
2
Baths
1,249
Sq Ft
$460/mo
HOA Fee
Highlights
- 0.41 Acre Lot
- Wood Flooring
- Tennis Courts
- Property is near public transit
- Corner Lot
- 2-minute walk to GEAA Field
About This Home
As of June 2023This spacious well-laid-out three-bedroom, two-full-bath single level pet-friendly condo with in-unit laundry! Located on a dead-end street, outdoor enthusiasts will enjoy being located by the Saugus River, Rail Trail, and Lynn Woods Reservation, while also being convenient to Boston. This well-maintained condo was built in 2006 and features an open concept living with gas heat, hot water, & range, Central Air, hardwood floors, and primary bedroom with full bath. Abundant in natural light, most rooms feature at least 2 large windows. HOA has a small patio area with grill & chairs to enjoy summer evenings outdoors. From the moment you enter, you will notice the unit is functional, practical, & ready for it's next owner. Area amenities include shops, restaurants, entertainment, casino, schools, & public transportation. The Saugus River Condominiums has had very little turnover since it was built so stop by this weekend & see it before it's gone. Offer Deadline Tuesday 5/9/23 @ 12PM
Last Agent to Sell the Property
Real Estate by Hughes & Assoc. Inc. Listed on: 05/03/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,820
Year Built
- Built in 2006
Lot Details
- Near Conservation Area
HOA Fees
- $460 Monthly HOA Fees
Home Design
- Rubber Roof
Interior Spaces
- 1,249 Sq Ft Home
- 1-Story Property
- Bay Window
- Dining Area
- Intercom
- Basement
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Wall to Wall Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
- Bathtub with Shower
- Linen Closet In Bathroom
Laundry
- Laundry on main level
- Washer and Dryer
Parking
- 2 Car Parking Spaces
- Paved Parking
- Open Parking
- Off-Street Parking
- Assigned Parking
Location
- Property is near public transit
- Property is near schools
Schools
- Drewicz Elementary School
- Breed Middle School
- Lynn Classical High School
Utilities
- Forced Air Heating and Cooling System
- 1 Cooling Zone
- 1 Heating Zone
- Heating System Uses Natural Gas
- Gas Water Heater
- High Speed Internet
- Internet Available
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 002 / 307
- Assessor Parcel Number M:020 B:307 L:002 S:003,4665876
Community Details
Overview
- Association fees include water, sewer, insurance, maintenance structure, ground maintenance, snow removal, trash, reserve funds
- 12 Units
- Low-Rise Condominium
- Saugus River Condominium Community
Amenities
- Common Area
- Shops
- Coin Laundry
Recreation
- Tennis Courts
- Park
- Jogging Path
- Bike Trail
Pet Policy
- Call for details about the types of pets allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 3, 2023
Closed on
Jun 26, 2023
Sold by
Zimmerman Paul D Est and Zimmerman
Bought by
Ashour Hala
Seller's Agent
Nicholas Newhall
Real Estate by Hughes & Assoc. Inc.
Buyer's Agent
Eileen Spencer
Century 21 North East
List Price
$369,900
Sold Price
$404,900
Premium/Discount to List
$35,000
9.46%
Views
142
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,053
Avg. Annual Appreciation
2.68%
Original Mortgage
$361,500
Outstanding Balance
$354,048
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$73,075
Purchase Details
Closed on
Sep 11, 2006
Sold by
Corcoran Bros Dev Inc
Bought by
Zimmerman Paul D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,300
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Lynn, MA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ashour Hala | $404,900 | None Available | |
| Ashour Hala | $404,900 | None Available | |
| Zimmerman Paul D | $252,900 | -- | |
| Zimmerman Paul D | $252,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ashour Hala | $361,500 | |
| Closed | Ashour Hala | $361,500 | |
| Closed | Ashour Hala | $29,000 | |
| Previous Owner | Zimmerman Paul D | $169,300 | |
| Previous Owner | Zimmerman Paul D | $189,990 | |
| Previous Owner | Zimmerman Paul D | $202,300 | |
| Previous Owner | Zimmerman Paul D | $12,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/26/2023 06/26/23 | Sold | $404,900 | +9.5% | $324 / Sq Ft |
| 05/08/2023 05/08/23 | Pending | -- | -- | -- |
| 05/03/2023 05/03/23 | For Sale | $369,900 | -- | $296 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $4,063 | $392,200 | $0 | $392,200 |
| 2024 | $4,002 | $380,100 | $0 | $380,100 |
| 2023 | $3,820 | $342,600 | $0 | $342,600 |
| 2022 | $4,107 | $330,400 | $0 | $330,400 |
| 2021 | $3,608 | $276,900 | $0 | $276,900 |
| 2020 | $3,755 | $280,200 | $0 | $280,200 |
| 2019 | $3,852 | $269,400 | $0 | $269,400 |
| 2018 | $3,569 | $235,600 | $0 | $235,600 |
| 2017 | $3,566 | $228,600 | $0 | $228,600 |
| 2016 | $3,441 | $212,700 | $0 | $212,700 |
| 2015 | $2,573 | $153,600 | $0 | $153,600 |
Source: Public Records
Agents Affiliated with this Home
-
Nicholas Newhall
Seller's Agent in 2023
Nicholas Newhall
Real Estate by Hughes & Assoc. Inc.
(781) 962-4454
1 in this area
35 Total Sales
-
Ginny Jagodynski
G
Seller Co-Listing Agent in 2023
Ginny Jagodynski
Century 21 North East
(617) 548-8303
1 in this area
30 Total Sales
-
Eileen Spencer
Buyer's Agent in 2023
Eileen Spencer
Century 21 North East
(617) 791-4773
1 in this area
34 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73106629
APN: LYNN-000020-000307-000002-000003-000003
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.
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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