NOT LISTED FOR SALE

418 Washington St Unit 2 Lynn, MA 01901

Downtown Lynn Neighborhood

Estimated Value: $673,392

-- Bed
-- 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 $673,392, approximately $146 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 and St 424 Washington
Current Estimated Value
$673,392

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
$230,992
Interest Rate
3.47%
Mortgage Type
Commercial
Estimated Equity
$430,681

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
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
418 $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 Gevorgyan Armen $168,750
Previous Owner 418-427 Washington Rt $225,000
Previous Owner 418-427 Washington Rt $210,000
Source: Public Records

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 $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

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