NOT LISTED FOR SALE

Estimated Value: $292,000 - $331,000

2 Beds
1 Bath
740 Sq Ft
9,148 Sq Ft Lot

Last Sold June 07, 2024

Last sale price $280,000 $378 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,863/month

72 Days on Market

Highlights

  • 0.21 Acre Lot
  • Window Unit Cooling System
  • Coin Laundry
  • Property is near public transit
  • Baseboard Heating
  • 4-minute walk to Kings Beach

About This Home

As of June 2024

Attention Investors! Here's a unique opportunity to invest in a two-bedroom condo near the beach in Lynn, MA. This property is currently occupied with a very responsible and solid tenant, making it an attractive investment option.This condo features a GAR BRK CONV style building constructed around 1966, showcasing a BRICK VENR exterior and a TAR+GRAVEL roof cover. With two bedrooms, four total rooms, and one bathroom, this condo offers a modest yet comfortable living space.The added bonus of being close to the beach and public transportation enhances the property's appeal, making it an ideal choice for both tenants and investors alike. The property is not only a home but also an investment in a coastal lifestyle.Don't miss out on the chance to invest in a two-bedroom condo near the beach with a dependable tenant already in place. Seize this opportunity for a hassle-free investment in Lynn, MA.

Last Agent to Sell the Property

Walquiria Leguisamon

Return Realty Group, Inc. Listed on: 02/10/2024

Last Buyer's Agent

Michelle Fermin

Century 21 North East

Century 21 North East

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,399

Year Built

  • Built in 1966

Lot Details

  • 9,148

Home Design

  • Garden Home
  • Entry on the 3rd floor

Interior Spaces

  • 740 Sq Ft Home
  • 1-Story Property
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Parking Space
  • Assigned Parking

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • 100 Amp Service

Listing and Financial Details

  • Assessor Parcel Number M:093 B:545 L:031 S:008,4673498

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, snow removal
  • 12 Units

Amenities

  • Coin Laundry

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,399

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Garden
  • Year Built: 1966
  • Entry Level: 3
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Fireplace YN: No
  • Appliances: Dishwasher, Refrigerator
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: N
  • Living Area: 740
  • Spa YN: No
  • Stories Total: 1
  • MAIN LO: AN5028
  • MAIN SO: AN4339

Exterior Features

  • Home Warranty YN: No
  • Waterfront Features: Beach Front, Ocean, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Assigned
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Cooling: Window Unit(s)
  • Heating: Baseboard, Natural Gas
  • Cooling Y N: Yes
  • Electric: 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 325
  • Community Features: Public Transportation, Laundromat, Public School
  • Senior Community YN: No

Fee Information

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

Lot Info

  • Parcel Number: M:093 B:545 L:031 S:008,4673498
  • Zoning: R4
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.21
  • Lot Size Sq Ft: 9095
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2399

Multi Family

  • Number Of Units Total: 12
  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2021
Closed on
Jun 18, 2021
Sold by
Trudeau Patricia A Est and Trottier
Bought by
Cepeda Patricio
Seller's Agent
Maria Salzillo
J. Barrett & Company
Buyer's Agent
Walquiria Leguisamon
Return Realty Group, Inc.
List Price
$229,000
Sold Price
$200,000
Premium/Discount to List
-$29,000
-12.66%
Current Estimated Value
$313,716

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,716
Avg. Annual Appreciation
10.15%

Purchase Details

Closed on
May 25, 2016
Sold by
Whitney Barbara
Bought by
Trudeau Patricia

Purchase Details

Closed on
Nov 3, 2005
Sold by
21 Lewis St Llc
Bought by
Whitney Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
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
Cepeda Patricio $200,000 None Available
Cepeda Patricio $200,000 None Available
Cepeda Patricio $200,000 None Available
Trudeau Patricia $140,000 --
Whitney Barbara $185,000 --
Whitney Barbara $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Whitney Barbara $148,000
Previous Owner Whitney Barbara $18,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/07/2024 06/07/24 Sold $280,000 -6.4% $378 / Sq Ft
04/23/2024 04/23/24 Pending -- -- --
03/08/2024 03/08/24 Price Changed $299,000 -0.3% $404 / Sq Ft
02/10/2024 02/10/24 For Sale $300,000 +50.0% $405 / Sq Ft
06/18/2021 06/18/21 Sold $200,000 -4.7% $270 / Sq Ft View Prior Sale
05/02/2021 05/02/21 Pending -- -- --
04/21/2021 04/21/21 Price Changed $209,900 -8.3% $284 / Sq Ft
04/20/2021 04/20/21 For Sale $229,000 0.0% $309 / Sq Ft
03/28/2021 03/28/21 Pending -- -- --
03/17/2021 03/17/21 For Sale $229,000 -- $309 / 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 $2,605 $251,400 $0 $251,400
2024 $2,399 $227,800 $0 $227,800
2023 $2,386 $214,000 $0 $214,000
2022 $2,302 $185,200 $0 $185,200
2021 $2,328 $178,700 $0 $178,700
2020 $2,070 $154,500 $0 $154,500
2019 $1,895 $132,500 $0 $132,500
2018 $1,899 $127,500 $0 $127,500
2017 $1,888 $121,000 $0 $121,000
2016 $1,845 $114,000 $0 $114,000
2015 $1,727 $103,100 $0 $103,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73201359

MLS Property Information Network (MLS PIN)

APN: LYNN-000093-000545-000031-000008-000008