NOT LISTED FOR SALE

408 Broadway Unit 302 Lynn, MA 01904

Lakeside Neighborhood

Estimated Value: $356,000 - $407,000

2 Beds
2 Baths
1,024 Sq Ft
$312/mo HOA Fee

Last Sold April 15, 2021

Last sale price $275,000 $269 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,608/month

12 Days on Market

About This Home

As of April 2021

Spacious, two bedroom, two bath corner unit, with laundry, at professionally managed Flax Pond Condominiums. Offering large, open concept living/dining area with easy maintenance, wood floors and sliders to your private outdoor balcony. An oversized primary bedroom offers walk-in closet and an en suite bathroom with shower. The second bedroom, which could also serve as a home office, is located across the hall from a second full bathroom. An assigned parking space, ample visitor parking, extra storage space, in-ground pool, tennis court, close to schools, Wyoma Square, restaurants, shops, parks, golf course, public transportation, and easy access to major highways are some of the many conveniences which set this condominium in a prime location! Showings start at open house. Covid guidelines apply. Masks must be worn. All pre-approved buyers and agents please schedule your time slot with listing agent.

Last Agent to Sell the Property

Pamela Eckmann

Coldwell Banker Realty - Beverly Listed on: 01/12/2021

Coldwell Banker Realty - Beverly

Last Buyer's Agent

Gina Arzola

Madelyn Garcia Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,242

Year Built

  • Built in 1980

Lot Details

  • 0.41

HOA Fees

  • $312 per month

Utilities

  • Heat Pump System

Community Details

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,242

Year Built

Built in 1980

Lot Details

0

HOA Fees

$312 per month

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Mid-Rise
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 268.55
  • Comp Based On: Net Sale Price
  • Year Built: 1980
  • Lead Paint: Unknown
  • Unit Building: 302
  • Unit Level: 3
  • Unit Placement: Corner
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1980

Interior Features

  • No Bedrooms: 2
  • Master Bedroom: On Level: Third Floor, Dimension: 12X19, Bathroom - 3/4, Closet - Walk-in, Flooring - Wood
  • Bedroom 2: On Level: Third Floor, Dimension: 11X13, Closet, Flooring - Wood
  • Full Bathrooms: 2
  • Primary Bathroom: Yes
  • No Rooms: 4
  • Dining Room: On Level: Third Floor, Flooring - Wood, Closet - Double
  • Kitchen: On Level: Third Floor, Dimension: 10X9, Flooring - Stone/Ceramic Tile, Lighting - Overhead
  • Laundry Features: In Building
  • Living Room: On Level: Third Floor, Flooring - Wood, Deck - Exterior
  • No Living Levels: 1
  • Main Lo: AN6181
  • Main So: BB3163
  • Estimated Sq Ft: 1024.00

Exterior Features

  • Exterior Unit Features: Deck

Garage/Parking

  • Parking Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Cooling: Heat Pump
  • Heating: Electric
  • Utility Connections: for Electric Range

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Swimming Pool, Park, Walk/Jog Trails
  • HOA Fees: 312.00
  • Association Fee Includes: Water, Sewer, Master Insurance, Swimming Pool, Laundry Facilities, Exterior Maintenance, Landscaping, Snow Removal, Refuse Removal, Reserve Funds
  • Condo Association: Yes

Association/Amenities

  • Condominium Name: Flax Pond Condominiums

Lot Info

  • Assessments: 229100.00
  • Page: 475
  • Zoning: BD

Tax Info

  • Taxes: 3069.94
  • Assessor Parcel Number: 1990733
  • Tax Year: 2020

Multi Family

  • No Units: 66

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2021
Closed on
Apr 15, 2021
Sold by
Karaa Abdurrahman and Mah Turabiye
Bought by
Ayar Jamila and Ouakrim Ei H
Seller's Agent
Pamela Eckmann
Coldwell Banker Realty - Beverly
Buyer's Agent
Gina Arzola
Madelyn Garcia Real Estate
List Price
$275,000
Sold Price
$275,000
Current Estimated Value
$380,268

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,268
Avg. Annual Appreciation
5.53%
Original Mortgage
$257,000
Outstanding Balance
$235,034
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$113,867

Purchase Details

Closed on
Apr 24, 2009
Sold by
Us Bk
Bought by
Karaa Abdurrahman

Purchase Details

Closed on
Apr 1, 2009
Sold by
Silva Nilton A
Bought by
Us Bk

Purchase Details

Closed on
Jul 28, 2006
Sold by
Montova Michael P
Bought by
Silva Nilton A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,800
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 12, 2003
Sold by
Deprizito Irma C
Bought by
Montova Michael P

Purchase Details

Closed on
Jun 29, 1995
Sold by
Lyons Joseph M and Lyons Barbara J
Bought by
Melanson Lorraine
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ayar Jamila $275,000 None Available
Ayar Jamila $275,000 None Available
Karaa Abdurrahman $97,000 --
Karaa Abdurrahman $97,000 --
Us Bk $100,917 --
Us Bk $100,917 --
Silva Nilton A $203,500 --
Silva Nilton A $203,500 --
Montova Michael P $189,000 --
Melanson Lorraine $75,000 --
Melanson Lorraine $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ayar Jamila $257,000
Closed Ayar Jamila $257,000
Previous Owner Lyons Joseph M $50,000
Previous Owner Lyons Joseph M $162,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2021 04/15/21 Sold $275,000 0.0% $269 / Sq Ft
01/24/2021 01/24/21 Pending -- -- --
01/12/2021 01/12/21 For Sale $275,000 -- $269 / 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 $3,242 $312,900 $0 $312,900
2024 $3,184 $302,400 $0 $302,400
2023 $3,016 $270,500 $0 $270,500
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 $2,649 $182,000 $0 $182,000
2017 $2,650 $169,900 $0 $169,900
2016 $2,655 $164,100 $0 $164,100
2015 $2,054 $122,600 $0 $122,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72774070

MLS Property Information Network (MLS PIN)

APN: LYNN-000073-000177-000022-000062-000062