NOT LISTED FOR SALE

23 Central Ave Lynn, MA 01901

Downtown Lynn Neighborhood

Estimated Value: $11,904,786

2 Beds
1 Bath
961 Sq Ft
$12,388/Sq Ft Est. Value

About This Home

This home is located at 23 Central Ave, Lynn, MA 01901 and is currently estimated at $11,904,786, approximately $12,387 per square foot. 23 Central Ave is a home located in Essex County with nearby schools including E.J. Harrington School, William R. Fallon School, and Fecteau-Leary Junior/Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 18, 2014
Sold by
Lynn Portfoio Llc
Bought by
Union 138 Llc
Current Estimated Value
$11,904,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,600,000
Outstanding Balance
$1,203,128
Interest Rate
4.21%
Mortgage Type
Commercial
Estimated Equity
$10,701,658

Purchase Details

Closed on
May 15, 2009
Sold by
1St City Llc
Bought by
Lynn Portfolio Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,590,000
Interest Rate
4.85%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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Average Value
Not Available
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
Union 138 Llc $2,000,000 --
Lynn Portfolio Llc $5,110,875 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lynn Portfolio Llc $500,000
Open Union 138 Llc $1,600,000
Previous Owner Lynn Portfolio Llc $3,590,000
Previous Owner Lynn Portfolio Llc $1,200,000
Source: Public Records

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 $138,397 $13,454,900 $4,182,000 $9,272,900
2024 $138,397 $13,112,800 $4,182,000 $8,930,800
2023 $0 $10,943,000 $4,080,000 $6,863,000
2022 $0 $8,136,600 $3,060,000 $5,076,600
2021 $0 $8,031,500 $3,060,000 $4,971,500
2020 $0 $7,951,900 $2,958,000 $4,993,900
2019 $0 $7,633,400 $2,692,800 $4,940,600
2018 $0 $6,076,700 $2,244,000 $3,832,700
2017 $36,773 $1,199,000 $144,000 $1,055,000
2016 $37,183 $1,159,800 $138,500 $1,021,300
2015 $38,946 $1,159,800 $138,500 $1,021,300
Source: Public Records

Map

Massachusetts Essex County Lynn 01901 Downtown Lynn

23 Central Ave, Lynn, MA

Not Listed for Sale

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