NOT LISTED FOR SALE

406 Broadway Unit 105 Lynn, MA 01904

Lakeside Neighborhood

Estimated Value: $196,000 - $286,000

1 Bed
1 Bath
522 Sq Ft
0.41 Acres

Last Sold February 19, 2021

Last sale price $147,000 $282 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $1,599/month

5 Days on Market

Highlights

  • Pond View
  • Laundry Facilities
  • 5-minute walk to Magnolia Park

About This Home

As of February 2021

Efficiency condo at Flax Pond Condominiums. Restriction allows only two people to live in the unit. Easy access to 128. Walk to pond and park. Pond views and pool views from balcony. Conveniently located- walk to restaurants and shops. Property is in need of total rehab. Hot water heater is 2019, heat pump is older and may not work. Sale is subject to Probate and obtaining license to sell. Process has been started. NO PETS allowed in complex. Hallways to be painted this fall/early winter. No special assessments at this time. 1 Deeded parking space (D48). Storage space in basement. Coin-op laundry in basement. Weight/excercise room in basement. showings to begin at open house Saturday, 10/17/2020 - Association does not allow open house signs. Use the door opposite the pool to enter the condo. 11:30-1:00. First review of offers Monday evening 10/19/2020. Offers due Monday, 10/19/2020 5 p.m. Please allow 24 hours for response time.

Last Agent to Sell the Property

Nancy Hughes

Conway - Swampscott Listed on: 10/15/2020

Conway - Swampscott

Last Buyer's Agent

Faina Snitkovsky

Core Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,625

Year Built

  • Built in 1980

Lot Details

  • 0.41

Property Views

  • Pond Views

Utilities

  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Basement

Community Details

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,625

Year Built

Built in 1980

Lot Details

0

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: 268.01
  • Comp Based On: Net Sale Price
  • Year Built: 1980
  • Lead Paint: Unknown
  • Unit Building: 105
  • Unit Level: 1
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1980

Interior Features

  • No Bedrooms: 1
  • Full Bathrooms: 1
  • No Rooms: 3
  • Laundry Features: In Building
  • Basement: Y
  • No Living Levels: 1
  • Main Lo: A14050
  • Main So: AN0388
  • Estimated Sq Ft: 522.00

Exterior Features

  • Beachfront Flag: Yes
  • Beach Miles To: 1 to 2 Mile
  • Waterview Features: Pond
  • Waterview Flag: Yes
  • Construction: Brick
  • Exterior: Brick
  • Exterior Unit Features: Balcony
  • Pool Description: Inground

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Hot Water: Electric

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Golf Course, Medical Facility, Highway Access, University
  • HOA Fees: 172.00
  • Association Fee Includes: Water, Sewer, Master Insurance, Swimming Pool, Laundry Facilities, Landscaping, Snow Removal, Tennis Court, Exercise Room
  • Condo Association: Yes
  • Association Pool: Yes
  • Association Security: Intercom
  • Management: Professional - Off Site

Association/Amenities

  • Condominium Name: Flax Pond Condominiums

Lot Info

  • Assessments: 140200.00
  • Page: 526
  • Zoning: mixed

Tax Info

  • Taxes: 1878.00
  • Assessor Parcel Number: 1990708
  • Tax Year: 2020

Multi Family

  • No Units: 66
  • No Units Owner Occ: 47

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2020
Closed on
Feb 17, 2021
Sold by
Nadolna Robert W Est
Bought by
Northshore Rt
Seller's Agent
Nancy Hughes
Conway - Swampscott
Buyer's Agent
Faina Snitkovsky
Core Real Estate
List Price
$139,900
Sold Price
$147,000
Premium/Discount to List
$7,100
5.08%
Current Estimated Value
$252,043

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,043
Avg. Annual Appreciation
11.31%

Purchase Details

Closed on
Jan 1, 1983
Bought by
Nadolna Robert W
Source: Public Records

Range of Values:

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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
Northshore Rt $147,000 None Available
Nadolna Robert W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nadolna Robert W $53,000
Previous Owner Nadolna Robert W $10,000
Previous Owner Nadolna Robert W $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2021 02/19/21 Sold $147,000 +5.1% $282 / Sq Ft
10/20/2020 10/20/20 Pending -- -- --
10/15/2020 10/15/20 For Sale $139,900 -- $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 $2,625 $253,400 $0 $253,400
2024 $2,428 $230,600 $0 $230,600
2023 $2,317 $207,800 $0 $207,800
2022 $1,955 $157,300 $0 $157,300
2021 $1,962 $150,600 $0 $150,600
2020 $1,879 $140,200 $0 $140,200
2019 $1,777 $124,300 $0 $124,300
2018 $1,440 $112,300 $0 $112,300
2017 $1,373 $88,000 $0 $88,000
2016 $1,456 $90,000 $0 $90,000
2015 $1,090 $65,100 $0 $65,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72744539

MLS Property Information Network (MLS PIN)

APN: LYNN-000073-000177-000022-000029-000029