$285,000
SOLD JUL 22, 2022

406 Broadway Unit 305 Lynn, MA 01904

Lakeside Neighborhood
1 Bed
1 Bath
895 Sq Ft
$289/mo HOA Fee

Recently Sold

$318 Per Sq Ft

2% Above List Price

4 Days on Market

Highlights

  • Golf Course Community
  • In Ground Pool
  • 0.41 Acre Lot
  • Medical Services
  • Waterfront
  • 5-minute walk to Magnolia Park

About This Home

As of July 2022

Why rent when you can own this gorgeous waterfront condo in Lynn?! Conveniently located just minutes from Lynn Beach, shops and schools, this condo complex offers tennis courts, an in ground pool, gorgeous views of Flax Pond and so much more! Come inside to find the open floor plan offering a formal dining room, eat in kitchen and large living area! The balcony off the living room gives you great views of the pond as well as overlooks the pool! Laundry hook ups are conveniently located in the kitchen with an additional option for coin operated in the basement. The bedroom offers tons of closet space and a large window. Additional features include private storage in basement of building and newer sliding glass door to the balcony. Schedule your showing today!

Last Agent to Sell the Property

John Barry

Lamacchia Realty, Inc. Listed on: 05/18/2022

Last Buyer's Agent

Non Member

Non Member Office

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,758

Year Built

  • Built in 1980

Lot Details

  • Waterfront
  • Landscaped Professionally

HOA Fees

  • $289 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • 895 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Insulated Windows
  • Window Screens
  • Sliding Doors
  • Dining Area

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 1 Car Parking Space
  • Off-Street Parking
  • Deeded Parking

Eco-Friendly Details

  • Energy-Efficient Thermostat

Outdoor Features

  • In Ground Pool
  • Balcony

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Forced Air Heating and Cooling System
  • 1 Cooling Zone
  • 1 Heating Zone
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 022 / 177
  • Assessor Parcel Number M:073 B:177 L:022 S:045,1990694

Community Details

Overview

  • Association fees include insurance, maintenance structure, ground maintenance, snow removal, trash
  • 66 Units
  • Low-Rise Condominium
  • Flax Pond Condominiums Community

Amenities

  • Medical Services
  • Shops
  • Coin Laundry
  • Community Storage Space

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Park
  • Jogging Path
  • Bike Trail

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,758

Year Built

Built in 1980

Lot Details

0

HOA Fees

$289 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Low-Rise
  • Year Built: 1980
  • Buyer Agency: 2%
  • Buyer Agency Type: %
  • Entry Level: 3
  • Transaction Broker: 2%
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile, Vinyl, Carpet
  • Entry Location: Unit Placement(Upper)
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Microwave,Refrigerator,Washer,Dryer, Electric Water Heater,Tank Water Heater
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Closet, Flooring - Wall to Wall Carpet, Cable Hookup
  • Room Master Bedroom Level: First
  • Room Master Bedroom Area: 224
  • Master Bathroom Features: No
  • Bathroom 1 Area: 45
  • Bathroom 1 Features: Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Cabinets - Upgraded
  • Bathroom 1 Level: First
  • Room Dining Room Features: Flooring - Vinyl
  • Room Dining Room Level: First
  • Room Dining Room Area: 140
  • Room Kitchen Level: First
  • Room Kitchen Features: Ceiling Fan(s), Flooring - Vinyl, Dining Area, Breakfast Bar / Nook, Dryer Hookup - Electric, Washer Hookup
  • Room Kitchen Area: 112
  • Laundry Features: Electric Dryer Hookup, Washer Hookup, First Floor, Common Area, In Unit
  • Room Living Room Level: First
  • Room Living Room Area: 260
  • Room Living Room Features: Flooring - Wall to Wall Carpet, Balcony / Deck, Cable Hookup, Open Floorplan, Recessed Lighting, Slider
  • Living Area: 895
  • Stories Total: 1
  • Window Features: Insulated Windows, Screens
  • MAIN LO: AN2314
  • LIST PRICE PER Sq Ft: 311.73
  • PRICE PER Sq Ft: 318.44
  • MAIN SO: H11111

Exterior Features

  • Exterior Features: Balcony, Professional Landscaping, Other
  • Construction Materials: Brick
  • Pool Features: Association, In Ground
  • Roof: Rubber
  • Waterfront Features: Waterfront, Beach Front, Pond, Other (See Remarks), Ocean, Other (See Remarks), 1 to 2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: Yes

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street, Deeded
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Electric
  • Cooling Y N: Yes
  • Electric: Circuit Breakers, Other (See Remarks)
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association Amenities: Pool, Laundry, Tennis Court(s), Storage
  • Association Fee: 289
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, Public School
  • UNIT BUILDING: 305
  • MANAGEMENT: Professional - Off Site
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash

Lot Info

  • Parcel Number: M:073 B:177 L:022 S:045,1990694
  • Zoning: BD
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.41
  • Lot Size Area: 0.41
  • Lot Size Sq Ft: 17789
  • Lot Size Units: Acres
  • PAGE: 238
  • OUTDOOR SPACE AVAILABLE: Yes - Private

Green Features

  • Green Energy Efficient: Thermostat

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2758
  • Tax Block: 177
  • Tax Book Number: 37202
  • Tax Lot: 022
  • Tax Map Number: 073

Multi Family

  • Number Of Units Total: 66
  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 7, 2018
Sold by
Buckley Clare M
Bought by
Gheringhelli Nancy
Total Days on Market
4
Current Estimated Value
$324,268

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 2009
Sold by
Citimortgage Inc
Bought by
Buckley Clare M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
4.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 8, 2008
Sold by
Mcclory Michael G
Bought by
Citimortgage Inc

Purchase Details

Closed on
Jan 17, 1992
Sold by
Gillen Thomas J and Dunnigan Patricia L
Bought by
Dunnigan Patricia L
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 Type Sale Price Title Company
Not Resolvable $190,000 --
Deed $90,000 --
Deed $90,000 --
Foreclosure Deed $119,056 --
Foreclosure Deed $119,056 --
Deed $69,000 --
Deed $69,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $213,750 Purchase Money Mortgage
Closed $213,750 Purchase Money Mortgage
Closed $165,000 New Conventional
Previous Owner $72,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2024 01/30/24 Rented $2,150 0.0% --
01/11/2024 01/11/24 For Rent $2,150 +7.5% --
08/15/2022 08/15/22 Rented $2,000 -99.3% --
07/26/2022 07/26/22 Under Contract -- -- --
07/22/2022 07/22/22 Sold $285,000 0.0% $318 / Sq Ft
06/18/2022 06/18/22 For Rent $2,000 0.0% --
05/23/2022 05/23/22 Pending -- -- --
05/18/2022 05/18/22 For Sale $279,000 -- $312 / 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 $2,829 $273,100 $0 $273,100
2024 $2,825 $268,300 $0 $268,300
2023 $2,549 $228,600 $0 $228,600
2022 $2,758 $221,900 $0 $221,900
2021 $2,627 $201,600 $0 $201,600
2020 $2,487 $185,600 $0 $185,600
2019 $2,454 $171,600 $0 $171,600
2018 $2,207 $152,300 $0 $152,300
2017 $2,203 $141,200 $0 $141,200
2016 $2,188 $135,200 $0 $135,200
2015 $1,630 $97,300 $0 $97,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72983475

MLS Property Information Network (MLS PIN)

APN: LYNN-000073-000177-000022-000045-000045