NOT LISTED FOR SALE

408 Broadway Unit 306 Lynn, MA 01904

Lakeside Neighborhood

Estimated Value: $364,000 - $381,000

2 Beds
2 Baths
1,024 Sq Ft
0.41 Acres

Last Sold December 18, 2020

Last sale price $278,000 $271 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $2,338/month

40 Days on Market

Highlights

  • Intercom
  • Central Air
  • 4-minute walk to Magnolia Park
  • Tile Flooring
  • Laundry Facilities

About This Home

As of December 2020

Spacious two bed, two bath unit at Flax Pond Condominiums. Top floor, end unit with balcony and views of Flax Pond. Kitchen has lots of cabinet space and 1 year old stove. Spacious living room, and dining area. Master bedroom offers a walk-in closet and bathroom with shower. Balcony off the living room offers a no-maintenance way to enjoy the outdoors. Laundry facilities in-building, and extra storage unit. Community pool and tennis courts. Professionally managed association. Excellent location close to shopping, Routes 1/95, walk to Flax Pond Playground, 10 mins to the commuter rail or beach.

Last Listed By

Kaitlin Martel

Martel Real Estate Listed on: 08/26/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,093

Year Built

  • Built in 1980

Lot Details

  • Year Round Access

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Tile

Utilities

  • Central Air
  • Heat Pump System
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Basement

Community Details

  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number M:073 B:177 L:022 S:066

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,093

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Mid-Rise
  • Other Agent: 1.00
  • Restrictions: RV/Boat/Trailer
  • 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: 306
  • Unit Level: 3
  • Unit Placement: Upper, End, Back
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1980

Interior Features

  • Flooring: Tile, Wall to Wall Carpet, Laminate
  • Interior Amenities: Cable Available, Intercom
  • Appliances: Range, Dishwasher, Refrigerator
  • No Bedrooms: 2
  • Full Bathrooms: 2
  • Primary Bathroom: Yes
  • No Rooms: 4
  • Laundry: On Level: Basement
  • Laundry Features: Common, In Building
  • Basement: Y
  • No Living Levels: 1
  • Main Lo: C63200
  • Main So: AC1714
  • Estimated Sq Ft: 1024.00

Exterior Features

  • Waterfront: Pond
  • Waterfront Flag: Yes
  • Construction: Frame
  • Roof Material: Rubber
  • Exterior: Brick
  • Exterior Unit Features: Balcony
  • 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, Heat Pump
  • Heating: Heat Pump, Electric
  • Hot Water: Natural Gas
  • Utility Connections: for Electric Range

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Golf Course, House of Worship
  • HOA Fees: 312.00
  • Association Fee Includes: Water, Sewer, Master Insurance, Swimming Pool, Laundry Facilities, Exterior Maintenance, Road Maintenance, Landscaping, Snow Removal, Tennis Court, Refuse Removal, Reserve Funds
  • Condo Association: Yes
  • Association Pool: Yes
  • Association Security: Intercom
  • Management: Professional - Off Site

Association/Amenities

  • Condominium Name: Flax Pond Condominiums

Lot Info

  • Assessments: 229100.00
  • Acre: 0.41
  • Lot Size: 17789.00
  • Page: 305
  • Parcel Number: M:073 B:177 L:022 S:066
  • Zoning: BD

Tax Info

  • Taxes: 3070.00
  • Assessor Parcel Number: 1990734
  • Tax Year: 2020

Multi Family

  • No Units: 66

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2020
Closed on
Nov 16, 2020
Sold by
Mali Arben and Mali Nora
Bought by
Gonell Carlin L and Mariano Hector J
Seller's Agent
Kaitlin Martel
Martel Real Estate
Buyer's Agent
Claudia Conway
Coldwell Banker Realty - Lynnfield
List Price
$279,900
Sold Price
$278,000
Premium/Discount to List
-$1,900
-0.68%
Total Days on Market
40
Current Estimated Value
$371,589

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,589
Avg. Annual Appreciation
6.07%
Original Mortgage
$264,100
Outstanding Balance
$238,355
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$122,787

Purchase Details

Listed on
Oct 2, 2012
Closed on
Nov 29, 2012
Sold by
Metlife Home Loans
Bought by
Mali Arben and Mali Nora
Seller's Agent
Team Rocco and Lorrie
RE/MAX Leading Edge
Buyer's Agent
Mirela Zafiri
Zafiri Real Estate
List Price
$112,900
Sold Price
$112,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.83%
Original Mortgage
$84,650
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2012
Sold by
Fhlmc
Bought by
Metlife Home Loans

Purchase Details

Closed on
Jun 26, 2012
Sold by
Mcneil 3Rd Frank J
Bought by
Fhlmc

Purchase Details

Closed on
Nov 29, 2004
Sold by
Barry Rita C
Bought by
Mcneil 3Rd Francis J

Purchase Details

Closed on
Aug 23, 2002
Sold by
Daley William E
Bought by
Barry Rita C

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
Gonell Carlin L $278,000 None Available
Gonell Carlin L $278,000 None Available
Mali Arben $112,900 --
Metlife Home Loans $210,007 --
Fhlmc $115,000 --
Fhlmc $115,000 --
Mcneil 3Rd Francis J $198,000 --
Mcneil 3Rd Francis J $198,000 --
Barry Rita C $168,000 --
Barry Rita C $168,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonell Carlin L $264,100
Closed Gonell Carlin L $264,100
Previous Owner Barry Rita C $84,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2020 12/18/20 Sold $278,000 -0.7% $271 / Sq Ft
10/05/2020 10/05/20 Price Changed $279,900 +3.7% $273 / Sq Ft
10/05/2020 10/05/20 Pending -- -- --
09/28/2020 09/28/20 Price Changed $269,900 -3.6% $264 / Sq Ft
08/26/2020 08/26/20 For Sale $279,900 +147.9% $273 / Sq Ft
11/29/2012 11/29/12 Sold $112,900 0.0% $110 / Sq Ft
10/19/2012 10/19/12 Pending -- -- --
10/02/2012 10/02/12 For Sale $112,900 -- $110 / 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 $3,093 $298,600 $0 $298,600
2024 $3,044 $289,100 $0 $289,100
2023 $2,883 $258,600 $0 $258,600
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 $2,649 $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

  • Kaitlin Martel

    Seller's Agent in 2020

    Kaitlin Martel

    Martel Real Estate

    (978) 852-6259

    2 in this area

    66 Total Sales

    Kaitlin Martel
    Section Image

  • S

    Seller Co-Listing Agent in 2020

    Stephen Martel

    Martel Real Estate

    (508) 641-6896

    1 in this area

    33 Total Sales

    Stephen Martel
    Section Image

  • C

    Buyer's Agent in 2020

    Claudia Conway

    Coldwell Banker Realty - Lynnfield

    (978) 406-1080

    2 in this area

    20 Total Sales

    Claudia Conway
    Section Image

  • T

    Seller's Agent in 2012

    Team Rocco and Lorrie

    RE/MAX

  • Mirela Zafiri

    Buyer's Agent in 2012

    Mirela Zafiri

    Zafiri Real Estate

    (978) 210-3362

    41 Total Sales

    Mirela Zafiri
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72716212

MLS Property Information Network (MLS PIN)

APN: LYNN-000073-000177-000022-000066-000066

Massachusetts Essex County Lynn 01904 Lakeside

408 Broadway Unit 306, Lynn, MA

Homes for Sale in Lynn, MA

This home is located at 408 Broadway Unit 306, Lynn, MA 01904 since 26 August 2020 and is currently estimated at $371,589, approximately $362 per square foot. This property was built in 1980. 408 Broadway Unit 306 is a home located in Essex County with nearby schools including Edward A. Sisson Elementary School, William R. Fallon School, and Pickering Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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