NOT LISTED FOR SALE

406 Broadway Unit 308 Lynn, MA 01904

Lakeside Neighborhood

Estimated Value: $365,000 - $396,000

2 Beds
2 Baths
1,024 Sq Ft
$318/mo HOA Fee

Last Sold January 22, 2021

Last sale price $278,500 $272 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $2,640/month

14 Days on Market

Highlights

  • Pond View
  • Laundry Facilities
  • 5-minute walk to Magnolia Park
  • Central Air
  • Wall to Wall Carpet

About This Home

As of January 2021

Flax Pond Condominiums Sunrise Sunset, End unit with breathtaking views of Flax Pond from Master BR and LR. This spacious unit has many pluses, no one overhead, extra natural light, Walk-in closet and full bath with shower, second full bathroom has CT Bath tub, New sliding door off LR to Balcony. Newer hot water tank New lighting fixtures, all appliances to remain as gifts. Wall to wall carpet. In-ground pool and tennis court, extra storage space, Deeded parking spot close to building., Heat and AC unit under 4yrs. Great investment. Move in condition.

Last Agent to Sell the Property

Joan Regan

Century 21 North East Listed on: 11/24/2020

Century 21 North East

Last Buyer's Agent

Michelle Joslin

Leading Edge Real Estate

Leading Edge Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,233

Year Built

  • Built in 1980

Lot Details

  • 0.41

HOA Fees

  • $318 per month

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate

Utilities

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

Additional Features

  • Pond Views
  • Year Round Access
  • Basement

Community Details

  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number M:073 B:177 L:022 S:048

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,233

Year Built

Built in 1980

Lot Details

0

HOA Fees

$318 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: 273.34
  • Comp Based On: Net Sale Price
  • Year Built: 1980
  • Year Round: Yes
  • Unit Building: 308
  • Unit Level: 3
  • Unit Placement: Upper, End, Back
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1980

Interior Features

  • Flooring: Wall to Wall Carpet, Laminate
  • Interior Amenities: Cable Available
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator
  • No Bedrooms: 2
  • Master Bedroom: Dimension: 11X19, Closet - Walk-in, Flooring - Wall to Wall Carpet
  • Bedroom 2: Dimension: 10X15, Closet/Cabinets - Custom Built, Flooring - Wall to Wall Carpet
  • Full Bathrooms: 2
  • Bathroom 1: Dimension: 4X8, Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
  • Bathroom 2: On Level: First Floor, Bathroom - Full, Bathroom - With Shower Stall
  • No Rooms: 4
  • Dining Room: Dimension: 10X10, Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet, Open Floor Plan
  • Kitchen: On Level: First Floor, Dimension: 10X10, Flooring - Laminate, Countertops - Upgraded, Lighting - Overhead
  • Laundry: On Level: Basement
  • Laundry Features: In Building
  • Living Room: Dimension: 13X19, Flooring - Wall to Wall Carpet, Balcony - Interior, Open Floor Plan, Slider
  • Basement: Y
  • No Living Levels: 1
  • Main Lo: AN5406
  • Main So: AN4643
  • Estimated Sq Ft: 1024.00

Exterior Features

  • Waterfront: Pond
  • Waterfront Flag: Yes
  • Waterview Features: Pond
  • Waterview Flag: Yes
  • Construction: Brick
  • Roof Material: Rubber
  • Exterior: Brick
  • Insulation Feature: Unknown
  • Exterior Unit Features: Balcony, Tennis Court
  • Pool Description: Inground

Garage/Parking

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

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 110 Volts, 220 Volts, Circuit Breakers, 100 Amps
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Hot Water: Electric
  • Utility Connections: for Electric Range

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, House of Worship, Public School
  • HOA Fees: 318.00
  • Association Fee Includes: Water, Sewer, Master Insurance, Swimming Pool, Laundry Facilities, Exterior Maintenance, Road Maintenance, Landscaping, Snow Removal, Tennis Court, Extra Storage, Refuse Removal
  • Condo Association: Yes
  • Association Pool: Yes
  • Management: Professional - Off Site

Association/Amenities

  • Condominium Name: FLAX POND CONDOMINUIMS

Lot Info

  • Assessments: 238900.00
  • Acre: 0.41
  • Lot Size: 17789.00
  • Page: 429
  • Parcel Number: M:073 B:177 L:022 S:048
  • Zoning: BD

Tax Info

  • Taxes: 3201.00
  • Assessor Parcel Number: 1990704
  • Tax Year: 2020

Multi Family

  • No Units: 66

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2020
Closed on
Jan 20, 2021
Sold by
Regan Joan M and Regan Robert E
Bought by
Ruder Demi
Seller's Agent
Joan Regan
Century 21 North East
Buyer's Agent
Michelle Joslin
Leading Edge Real Estate
List Price
$279,900
Sold Price
$278,500
Premium/Discount to List
-$1,400
-0.5%
Current Estimated Value
$375,018

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,518
Avg. Annual Appreciation
6.54%
Original Mortgage
$264,575
Outstanding Balance
$239,356
Interest Rate
2.71%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$132,133

Purchase Details

Listed on
Mar 29, 2018
Closed on
May 2, 2018
Sold by
Mahoney James P and Mahoney Susan M
Bought by
Regan Joan M and Regan Robert E
Seller's Agent
Doug Ring
Doug Ring RE
Buyer's Agent
Joan Regan
Century 21 North East
List Price
$239,900
Sold Price
$240,000
Premium/Discount to List
$100
0.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.60%

Purchase Details

Closed on
Sep 8, 2003
Sold by
Mcmanus John J
Bought by
Mahoney James P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 1, 2002
Sold by
Clooney Michael J and Mcmanus Michael J
Bought by
Mcmanus John J and Durgin Matthew P

Purchase Details

Closed on
Mar 17, 1995
Sold by
Manna Pearl M
Bought by
Clooney Michael J
Source: Public Records

Range of Values:

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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
Ruder Demi $278,500 None Available
Ruder Demi $278,500 None Available
Regan Joan M $240,000 --
Regan Joan M $240,000 --
Mahoney James P $200,000 --
Mahoney James P $200,000 --
Mcmanus John J $165,000 --
Mcmanus John J $165,000 --
Clooney Michael J $75,000 --
Clooney Michael J $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ruder Demi $264,575
Closed Ruder Demi $264,575
Previous Owner Clooney Michael J $275,000
Previous Owner Clooney Michael J $215,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2021 01/22/21 Sold $278,500 -0.5% $272 / Sq Ft
12/08/2020 12/08/20 Pending -- -- --
11/24/2020 11/24/20 For Sale $279,900 +16.6% $273 / Sq Ft
05/03/2018 05/03/18 Sold $240,000 0.0% $234 / Sq Ft
04/03/2018 04/03/18 Pending -- -- --
03/29/2018 03/29/18 For Sale $239,900 -- $234 / 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 $3,233 $312,100 $0 $312,100
2024 $3,181 $302,100 $0 $302,100
2023 $3,011 $270,000 $0 $270,000
2022 $3,259 $262,200 $0 $262,200
2021 $3,186 $244,500 $0 $244,500
2020 $3,201 $238,900 $0 $238,900
2019 $2,952 $206,400 $0 $206,400
2018 $2,759 $189,600 $0 $189,600
2017 $2,760 $176,900 $0 $176,900
2016 $2,760 $170,600 $0 $170,600
2015 $2,134 $127,400 $0 $127,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72760843

MLS Property Information Network (MLS PIN)

APN: LYNN-000073-000177-000022-000048-000048