NOT LISTED FOR SALE

406 Broadway Unit 202 Lynn, MA 01904

Lakeside Neighborhood

Estimated Value: $369,000 - $436,000

2 Beds
2 Baths
1,024 Sq Ft
$288/mo HOA Fee

Last Sold July 23, 2018

Last sale price $260,000 $254 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $2,698/month

6 Days on Market

About This Home

As of July 2018

Move right in to this very well maintained & newly updated 2 bedroom, 1 1/2 bath second floor condo at desirable Flax Pond Condominiums. Condo is located close to public transportation & within walking distance to shopping and restaurants in Wyoma Square. Unit features new windows and new wall to wall carpeting both just installed in May 2018 , glass slider off living room to balcony, piggy back washer and dryer in second bath, and 1 deeded parking space. Amenities include ample guest parking, professional management, inground pool, and additional storage space in the lower level. This special unit won't last ! Open House Sunday June 10, 12:00 to 1:30pm.

Last Agent to Sell the Property

Thomas Lynch

A. James Lynch, Inc. License #454000157 Listed on: 06/06/2018

Co-Listed By

Michael Feinberg

RE/MAX 360

Last Buyer's Agent

Michael Feinberg

RE/MAX 360

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,339

Year Built

  • Built in 1980

Lot Details

  • 0.41

HOA Fees

  • $288 per month

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wall to Wall Carpet

Laundry

  • Dryer
  • Washer

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:073 B:177 L:022 S:034

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,339

Year Built

Built in 1980

Lot Details

0

HOA Fees

$288 per month

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Garden
  • Other Agent: 2.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 243.65
  • Comp Based On: Net Sale Price
  • Year Built: 1980
  • Lead Paint: Unknown
  • Unit Building: 202
  • Unit Level: 2
  • Unit Placement: Corner
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1980

Interior Features

  • Flooring: Wall to Wall Carpet
  • Interior Amenities: Cable Available
  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • No Bedrooms: 2
  • Master Bedroom: On Level: Second Floor, Closet, Flooring - Wall to Wall Carpet
  • Bedroom 2: On Level: Second Floor, Closet - Walk-in, Flooring - Wall to Wall Carpet
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Primary Bathroom: Yes
  • Bathroom 1: On Level: Second Floor, Bathroom - Tiled With Tub & Shower
  • Bathroom 2: On Level: Second Floor, Bathroom - Tiled With Shower Stall, Dryer Hookup - Electric, Washer Hookup
  • No Rooms: 4
  • Kitchen: On Level: Second Floor, Flooring - Stone/Ceramic Tile
  • Living Room: On Level: Second Floor, Flooring - Wall to Wall Carpet, Balcony / Deck
  • Basement: Y
  • No Living Levels: 1
  • Main Lo: C67700
  • Main So: C67700
  • Estimated Sq Ft: 1024.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 1 to 2 Mile
  • Construction: Brick, Stone/Concrete
  • Exterior: Brick
  • Insulation Feature: Unknown
  • Exterior Unit Features: Balcony

Garage/Parking

  • Parking Feature: Deeded
  • Parking Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers, 100 Amps
  • Sewage District: Lynn
  • Cooling: Heat Pump
  • Cooling Zones: 1
  • Heating: Heat Pump, Electric
  • Heat Zones: 1
  • Hot Water: Electric
  • Utility Connections: for Electric Range

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Swimming Pool, Park, Golf Course, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School
  • HOA Fees: 288.00
  • Association Fee Includes: Master Insurance, Swimming Pool, Exterior Maintenance, Road Maintenance, Landscaping, Snow Removal, Refuse Removal
  • Condo Association: Yes
  • Management: Professional - Off Site

Association/Amenities

  • Condominium Name: Flax Pond Condos

Schools

  • Elementary School: Sisson
  • Middle School: Pickering
  • High School: English

Lot Info

  • Assessments: 182000.00
  • Acre: 0.41
  • Lot Size: 17789.00
  • Page: 502
  • Parcel Number: M:073 B:177 L:022 S:034
  • Zoning: BD

Green Features

  • Energy Features: Insulated Windows, Insulated Doors

Tax Info

  • Taxes: 2757.00
  • Assessor Parcel Number: 1990710

Multi Family

  • No Units: 66

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2018
Closed on
Jul 23, 2018
Sold by
Beaudet Glen P and Beaudet Maureen A
Bought by
Hamel Marissa
Seller's Agent
Thomas Lynch
A. James Lynch, Inc.
Buyer's Agent
Michael Feinberg
RE/MAX 360
List Price
$249,500
Sold Price
$260,000
Premium/Discount to List
$10,500
4.21%
Current Estimated Value
$389,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,372
Avg. Annual Appreciation
6.04%
Original Mortgage
$180,000
Outstanding Balance
$157,934
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$235,189

Purchase Details

Closed on
Dec 12, 2011
Sold by
Beaudet Norman J and Beaudet Maureen A
Bought by
Beaudet Glen P and Mascata Lynn M

Purchase Details

Closed on
Apr 30, 2001
Sold by
Damico Carmello J and Damico Rebecca J
Bought by
Beaudet Norman J and Beaudet Maureen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,750
Interest Rate
6.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 16, 1997
Sold by
Greeley Jurgen and Greeley Christiane
Bought by
Damico Carmello J and Damico Rebecca J
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
Hamel Marissa $260,000 --
Beaudet Glen P -- --
Beaudet Glen P -- --
Beaudet Norman J $145,000 --
Beaudet Norman J $145,000 --
Damico Carmello J $86,500 --
Damico Carmello J $86,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hamel Marissa $180,000
Closed Hamel Marissa $180,000
Previous Owner Pace Carmela E $137,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2018 07/23/18 Sold $260,000 +4.2% $254 / Sq Ft
06/12/2018 06/12/18 Pending -- -- --
06/06/2018 06/06/18 For Sale $249,500 -- $244 / 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 $3,339 $322,300 $0 $322,300
2024 $3,267 $310,300 $0 $310,300
2023 $3,092 $277,300 $0 $277,300
2022 $3,342 $268,900 $0 $268,900
2021 $3,269 $250,900 $0 $250,900
2020 $3,286 $245,200 $0 $245,200
2019 $2,831 $198,000 $0 $198,000
2018 $2,757 $182,000 $0 $182,000
2017 $2,650 $169,900 $0 $169,900
2016 $2,765 $170,900 $0 $170,900
2015 $2,139 $127,700 $0 $127,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72340717

MLS Property Information Network (MLS PIN)

APN: LYNN-000073-000177-000022-000034-000034