408 Broadway Unit 106 Lynn, MA 01904
Lakeside NeighborhoodEstimated Value: $364,000 - $373,006
2
Beds
2
Baths
1,024
Sq Ft
$361/mo
HOA Fee
Highlights
- Medical Services
- Engineered Wood Flooring
- Corner Lot
- Property is near public transit
- End Unit
- 4-minute walk to Magnolia Park
About This Home
As of May 2023Great opportunity for savvy investor!! Great Tenants in the unit would love to stay. They pay $2500 per month and have a TAW lease until Feb2024.Renovated 2 bedroom, 2 full bath 1st Floor Condo at the desirable Flax Pond Condo Complex available for investment or sale. Located in the Corinthian House on the 1st floor of the building, this corner unit has mahogany stained engineered wood flooring throughout, front to back living room/dining room w/walk out private balcony! Kitchen features brand new stainless steel & quartz countertops. The master bedroom has a full master bathroom w/new tile & vanity, accompanied by a great sized walk-in closet. Spacious 2nd bedroom w/newly renovated guest bath w/tiled shower/tub, floors & vanity. Freshly painted interior and all on the 1st floor! Additional parking,& inground swimming pool. Close to Lynn Woods, Schools, Transportation, Lynn Golf Course, and the highway (with convenient access to Routes 1 and 128).
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,738
Year Built
- Built in 1980 | Remodeled
Lot Details
- 0.41
HOA Fees
- $361 Monthly HOA Fees
Home Design
- Garden Home
Interior Spaces
- 1,024 Sq Ft Home
- 1-Story Property
- Sliding Doors
- Basement
- Laundry in Basement
Kitchen
- Dishwasher
- Stainless Steel Appliances
- Solid Surface Countertops
- Disposal
Flooring
- Engineered Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
- Bathtub with Shower
- Separate Shower
Parking
- 1 Car Parking Space
- Off-Street Parking
- Deeded Parking
- Assigned Parking
Location
- Property is near public transit
- Property is near schools
Utilities
- Central Heating and Cooling System
- 1 Cooling Zone
- 1 Heating Zone
- Heat Pump System
- Electric Water Heater
Additional Features
- Balcony
- End Unit
Listing and Financial Details
- Assessor Parcel Number 1990730
Community Details
Overview
- Association fees include water, sewer, insurance, maintenance structure, road maintenance, ground maintenance, snow removal, trash, reserve funds
- 66 Units
- Flax Pond Condominiums Community
Amenities
- Medical Services
- Shops
- Elevator
Recreation
- Community Pool
- Park
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 10, 2023
Closed on
May 22, 2023
Sold by
Rauf Nazifa A and Sanai Mohammad M
Bought by
Faleyev Svetlana V
Seller's Agent
Susan Sinrich
Conway - Swampscott
Buyer's Agent
Faina Snitkovsky
Core Real Estate
List Price
$329,900
Sold Price
$340,000
Premium/Discount to List
$10,100
3.06%
Total Days on Market
1
Views
82
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,752
Avg. Annual Appreciation
2.97%
Original Mortgage
$255,000
Outstanding Balance
$249,407
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$111,281
Purchase Details
Listed on
Oct 8, 2021
Closed on
Nov 24, 2021
Sold by
Robertson Albert W Jr Est
Bought by
Mansoor-Sanai Mohammad and Rauf Nazifa A
Seller's Agent
Patricia LeBlanc
Century 21 North East
Buyer's Agent
Susan Sinrich
Conway - Swampscott
List Price
$270,000
Sold Price
$232,000
Premium/Discount to List
-$38,000
-14.07%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.24%
Original Mortgage
$174,000
Interest Rate
3.05%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 1, 1983
Bought by
Robertson Albert W and Robertson Judith N
Similar Homes in Lynn, MA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Faleyev Svetlana V | $340,000 | None Available | |
| Faleyev Svetlana V | $340,000 | None Available | |
| Mansoor-Sanai Mohammad | $232,000 | None Available | |
| Mansoor-Sanai Mohammad | $232,000 | None Available | |
| Robertson Albert W | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Faleyev Svetlana V | $255,000 | |
| Closed | Faleyev Svetlana V | $255,000 | |
| Previous Owner | Mansoor-Sanai Mohammad | $174,000 | |
| Previous Owner | Robertson Albert W | $128,000 | |
| Previous Owner | Robertson Albert W | $25,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/23/2023 05/23/23 | Sold | $340,000 | +3.1% | $332 / Sq Ft |
| 04/12/2023 04/12/23 | Pending | -- | -- | -- |
| 04/10/2023 04/10/23 | For Sale | $329,900 | 0.0% | $322 / Sq Ft |
| 02/15/2022 02/15/22 | Rented | -- | -- | -- |
| 01/24/2022 01/24/22 | Under Contract | -- | -- | -- |
| 12/31/2021 12/31/21 | For Rent | $2,400 | 0.0% | -- |
| 11/24/2021 11/24/21 | Sold | $232,000 | -14.1% | $227 / Sq Ft |
| 10/24/2021 10/24/21 | Pending | -- | -- | -- |
| 10/08/2021 10/08/21 | For Sale | $270,000 | -- | $264 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $3,451 | $333,100 | $0 | $333,100 |
| 2024 | $3,384 | $321,400 | $0 | $321,400 |
| 2023 | $2,738 | $245,600 | $0 | $245,600 |
| 2022 | $3,124 | $251,300 | $0 | $251,300 |
| 2021 | $3,054 | $234,400 | $0 | $234,400 |
| 2020 | $3,070 | $229,100 | $0 | $229,100 |
| 2019 | $2,831 | $198,000 | $0 | $198,000 |
| 2018 | $2,621 | $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
-
Susan Sinrich
Seller's Agent in 2023
Susan Sinrich
Conway - Swampscott
(978) 265-3744
2 in this area
79 Total Sales
-
Faina Snitkovsky
F
Buyer's Agent in 2023
Faina Snitkovsky
Core Real Estate
(617) 869-4477
3 in this area
94 Total Sales
-
Antoinette Lynch
A
Buyer's Agent in 2022
Antoinette Lynch
Toner Real Estate, LLC
(781) 780-9054
2 in this area
49 Total Sales
-
Patricia LeBlanc
Seller's Agent in 2021
Patricia LeBlanc
Century 21 North East
(978) 766-6388
1 in this area
53 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73096739
APN: LYNN-000073-000177-000022-000054-000054
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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