418 Washington St Unit 2 Lynn, MA 01901
Downtown Lynn NeighborhoodEstimated Value: $672,371
Studio
--
Bath
4,611
Sq Ft
$146/Sq Ft
Est. Value
About This Home
This home is located at 418 Washington St Unit 2, Lynn, MA 01901 and is currently estimated at $672,371, approximately $145 per square foot. 418 Washington St Unit 2 is a home located in Essex County with nearby schools including Washington Elementary School, William R. Fallon School, and Fecteau-Leary Junior/Senior High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 13, 2016
Sold by
Gevorgyan Armen
Bought by
418-424 Washington St and 418-424 Bamaca-Chilel
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Outstanding Balance
$228,553
Interest Rate
3.47%
Mortgage Type
Commercial
Estimated Equity
$443,818
Purchase Details
Closed on
Oct 1, 2008
Sold by
Gevorgyan Karlen and Gevorgyan Laura
Bought by
Gevorgyan Armen
Purchase Details
Closed on
Mar 27, 2006
Sold by
St 418-424 Washington and Calvani Paul D
Bought by
Gevorgyan Karlen and Gevorgyan Laura
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.28%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 29, 1995
Sold by
Fioccoprile Richard and Ficcoprile Marian
Bought by
418-427 Washington Rt
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
8.8%
Mortgage Type
Commercial
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 |
|---|---|---|---|
| 418-424 Washington St | $380,000 | -- | |
| Gevorgyan Armen | -- | -- | |
| Gevorgyan Armen | -- | -- | |
| Gevorgyan Karlen | $225,000 | -- | |
| Gevorgyan Karlen | $225,000 | -- | |
| 418-427 Washington Rt | $85,000 | -- | |
| 418-427 Washington Rt | $85,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 418-424 Washington St | $285,000 | |
| Closed | 418-424 Washington St | $285,000 | |
| Previous Owner | 418-427 Washington Rt | $225,000 | |
| Previous Owner | 418-427 Washington Rt | $210,000 |
Source: Public Records
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 | $12,853 | $647,200 | $154,000 | $493,200 |
| 2024 | $11,973 | $593,300 | $146,100 | $447,200 |
| 2023 | $11,132 | $521,400 | $135,800 | $385,600 |
| 2022 | $9,558 | $403,300 | $118,200 | $285,100 |
| 2021 | $10,091 | $403,300 | $118,200 | $285,100 |
| 2020 | $10,164 | $392,900 | $118,200 | $274,700 |
| 2019 | $9,721 | $352,100 | $105,400 | $246,700 |
| 2018 | $9,062 | $307,700 | $83,600 | $224,100 |
| 2017 | $6,655 | $217,000 | $81,800 | $135,200 |
| 2016 | $6,691 | $208,700 | $78,700 | $130,000 |
| 2015 | $7,008 | $208,700 | $78,700 | $130,000 |
Source: Public Records
Map
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