NOT LISTED FOR SALE

404 Broadway Unit 206 Lynn, MA 01904

Lakeside Neighborhood

Estimated Value: $302,000 - $364,000

1 Bed
1 Bath
895 Sq Ft
$254/mo HOA Fee

Last Sold April 23, 2019

Last sale price $213,000 $238 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $2,325/month

13 Days on Market

Highlights

  • Pond View
  • Intercom
  • Electric Baseboard Heater
  • Wood Flooring
  • Central Air
  • 4-minute walk to Magnolia Park

About This Home

As of April 2019

Ward 1! Meticulously kept one bedroom condo in Flax Pond Condominiums! Bright & spacious,open concept, central air & hardwood floors, hot water tank is 1 year old , waterhroughout, Balcony overlooks the tennis court along with water views of Flax Pond. Inground pool overlooking the pond, laundry area in the basement, storage unit as well in the basement. There is also room to have your own washer & drier in your own unit. One deeded car parking space, along with plenty of visitors parking. Close to all area amenities! Shopping, golf course, college, train, beach, Lynn Woods for biking, hiking, & walking trails. Close to all major highways.

Last Agent to Sell the Property

Melissa Jeffery

Toner Real Estate, LLC Listed on: 02/18/2019

Last Buyer's Agent

Nextdoor Realty Team

Compass

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,824

Year Built

  • Built in 1980

Lot Details

  • 2.61

HOA Fees

  • $254 per month

Flooring

  • Wood
  • Laminate

Utilities

  • Central Air
  • Heat Pump System
  • Electric Baseboard Heater
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Pond Views
  • Range

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,824

Year Built

Built in 1980

Lot Details

0

HOA Fees

$254 per month

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: 268.04
  • Comp Based On: Net Sale Price
  • Year Built: 1980
  • Lead Paint: Unknown
  • Unit Building: 206
  • Unit Level: 2
  • Unit Placement: Middle
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1980

Interior Features

  • Flooring: Laminate, Hardwood
  • Interior Amenities: Cable Available, Intercom
  • Appliances: Range, Refrigerator
  • No Bedrooms: 1
  • Master Bedroom: On Level: First Floor
  • Full Bathrooms: 1
  • Bathroom 1: On Level: First Floor
  • No Rooms: 3
  • Dining Room: On Level: First Floor, Flooring - Hardwood, Open Floor Plan
  • Kitchen: On Level: First Floor
  • Laundry: On Level: Basement
  • Living Room: On Level: First Floor, Flooring - Hardwood, Balcony / Deck, Cable Hookup, Open Floor Plan, Slider
  • Other Room 1: Name: Other, On Level: Basement
  • No Living Levels: 1
  • Main Lo: AC1714
  • Main So: AN1593
  • Estimated Sq Ft: 895.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 1 to 2 Mile
  • Waterview Features: Pond
  • Waterview Flag: Yes
  • Construction: Stone/Concrete
  • Exterior: Brick, Stone
  • Exterior Unit Features: Balcony, Tennis Court
  • Pool Description: Inground

Garage/Parking

  • Parking Feature: Off-Street, Assigned, Deeded
  • Parking Spaces: 1
  • Garage Parking: Deeded

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Cooling: Central Air, Heat Pump
  • Heating: Electric Baseboard, Heat Pump
  • Hot Water: Electric
  • Utility Connections: for Electric Oven

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Bike Path
  • HOA Fees: 254.09
  • Association Fee Includes: Master Insurance, Swimming Pool, Laundry Facilities, Exterior Maintenance, Landscaping, Snow Removal, Tennis Court, Extra Storage, Refuse Removal
  • Condo Association: Yes
  • Association Pool: Yes
  • Association Security: Intercom, Private Guard
  • Management: Professional - Off Site

Association/Amenities

  • Condominium Name: Flax Pond Condominiums

Lot Info

  • Assessments: 171600.00
  • Page: 180
  • Zoning: BD

Tax Info

  • Taxes: 2307.35
  • Assessor Parcel Number: 1990659

Multi Family

  • No Units: 66
  • No Units Owner Occ: 27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2019
Closed on
Apr 19, 2019
Sold by
Rigione Dorothy J and Rigione Michael P
Bought by
Mcelrath Erin E
Seller's Agent
Melissa Jeffery
Toner Real Estate, LLC
Buyer's Agent
Nextdoor Realty Team
Compass
List Price
$239,900
Sold Price
$213,000
Premium/Discount to List
-$26,900
-11.21%
Total Days on Market
13
Current Estimated Value
$327,948

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,948
Avg. Annual Appreciation
7.08%
Original Mortgage
$206,100
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 13, 2006
Sold by
Forest Hilda M
Bought by
Rigione Michael P and Rigione Dorothy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 17, 1989
Sold by
Supple Karen
Bought by
Forest Hilda
Source: Public Records

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Range of Values:

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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
Mcelrath Erin E $213,000 --
Rigione Michael P $162,500 --
Forest Hilda $109,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcelrath Erin E $206,000
Closed Mcelrath Erin E $206,100
Previous Owner Forest Hilda $131,700
Previous Owner Forest Hilda $132,000
Previous Owner Forest Hilda $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2019 04/23/19 Sold $213,000 -11.2% $238 / Sq Ft
03/03/2019 03/03/19 Pending -- -- --
02/18/2019 02/18/19 For Sale $239,900 -- $268 / 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 $2,824 $272,600 $0 $272,600
2024 $2,819 $267,700 $0 $267,700
2023 $2,666 $239,100 $0 $239,100
2022 $2,866 $230,600 $0 $230,600
2021 $2,730 $209,500 $0 $209,500
2020 $2,487 $185,600 $0 $185,600
2019 $2,454 $171,600 $0 $171,600
2018 $2,183 $152,300 $0 $152,300
2017 $2,203 $141,200 $0 $141,200
2016 $2,280 $140,900 $0 $140,900
2015 $1,698 $101,400 $0 $101,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72454508

MLS Property Information Network (MLS PIN)

APN: LYNN-000073-000177-000022-000014-000014