NOT LISTED FOR SALE

45 Cottage St Unit 5 Lynn, MA 01905

West Lynn Neighborhood

Estimated Value: $301,000 - $329,000

2 Beds
1 Bath
747 Sq Ft
0.29 Acres

Last Sold January 18, 2017

Last sale price $160,000 $214 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $1,883/month

26 Days on Market

About This Home

As of January 2017

Recently renovated 4 room, 2 bedroom, 1 bath condominium unit. It features wall A/C unit, new counters, new bath, refinished hardwood floors, upgraded thermopane windows, renovated kitchen, new stainless steel kitchen appliances, sliding door in living room to balcony and repainted interior waiting for your review. This complex is near public transportation, schools, restaurants, parks and T to Boston.

Last Agent to Sell the Property

James Toomey

Century 21 Tradition License #454000854 Listed on: 11/09/2016

Last Buyer's Agent

Joel Rubiera

Edge REAL ESTATE

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,743

Year Built

1985

Lot Details

0

Listing Details

  • Unit Level: 2
  • Unit Placement: Middle, Garden, Upper
  • Property Type: Condominium/Co-Op
  • Other Agent: 2.00
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1985

Interior Features

  • Appliances: Range, Dishwasher, Disposal, Refrigerator
  • Has Basement: Yes
  • Number of Rooms: 4
  • Amenities: Public Transportation, Shopping, Park, Golf Course, Medical Facility, Laundromat, Highway Access, Public School, T-Station, University, House of Worship
  • Electric: Circuit Breakers, 220 Volts
  • Energy: Insulated Windows
  • Flooring: Wood, Tile
  • Insulation: Full
  • Interior Amenities: Security System, Cable Available, Intercom
  • Bedroom 2: Second Floor
  • Kitchen: Second Floor
  • Laundry Room: Basement
  • Living Room: Second Floor
  • Master Bedroom: Second Floor
  • Dining Room: Second Floor
  • No Living Levels: 1

Exterior Features

  • Roof: Rubber
  • Construction: Frame, Brick
  • Exterior: Brick
  • Exterior Unit Features: Balcony
  • Beach Ownership: Public

Garage/Parking

  • Parking: Off-Street, Deeded, Guest, Paved Driveway
  • Parking Spaces: 1

Utilities

  • Cooling: Wall AC
  • Heating: Electric
  • Heat Zones: 4
  • Hot Water: Electric
  • Utility Connections: for Electric Range
  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Sewage District: Lynn

Condo/Co-op/Association

  • Association Fee Includes: Water, Sewer, Master Insurance, Security, Laundry Facilities, Exterior Maintenance, Landscaping, Snow Removal, Extra Storage, Refuse Removal, Air Conditioning
  • Association Security: Fenced, Intercom
  • No Units: 12
  • Unit Building: 5

Fee Information

  • Fee Interval: Monthly

Lot Info

  • Zoning: R4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2016
Closed on
Jan 18, 2017
Sold by
Begolli Fatmir and Begolli Fahri
Bought by
Delcid Maria I
Seller's Agent
James Toomey
Century 21 Tradition
Buyer's Agent
Joel Rubiera
Edge REAL ESTATE
List Price
$169,900
Sold Price
$160,000
Premium/Discount to List
-$9,900
-5.83%
Current Estimated Value
$314,199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,199
Avg. Annual Appreciation
7.90%
Original Mortgage
$144,000
Outstanding Balance
$118,703
Interest Rate
4.13%
Mortgage Type
New Conventional
Estimated Equity
$195,496

Purchase Details

Closed on
Oct 28, 2010
Sold by
Fnma
Bought by
Begolli Fatmir and Begolli Fahri

Purchase Details

Closed on
Jun 21, 2010
Sold by
Bun Chettana
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 30, 2005
Sold by
Gaston Christopher
Bought by
Bun Chettana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 6, 1999
Sold by
Fdic
Bought by
Gaston Christopher

Purchase Details

Closed on
Feb 19, 1988
Sold by
Poussard Ronald A
Bought by
Romacon Rlty Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Delcid Maria I $160,000 --
Begolli Fatmir $49,900 --
Federal National Mortgage Association $125,818 --
Bun Chettana $145,000 --
Gaston Christopher $26,000 --
Romacon Rlty Trust $72,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Delcid Maria I $144,000
Previous Owner Romacon Rlty Trust $116,000
Previous Owner Romacon Rlty Trust $29,000
Previous Owner Romacon Rlty Trust $41,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/18/2017 01/18/17 Sold $160,000 -5.8% $214 / Sq Ft
12/05/2016 12/05/16 Pending -- -- --
11/09/2016 11/09/16 For Sale $169,900 -- $227 / 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 $2,743 $264,800 $0 $264,800
2024 $2,523 $239,600 $0 $239,600
2023 $2,837 $254,400 $0 $254,400
2022 $2,871 $231,000 $0 $231,000
2021 $2,878 $220,900 $0 $220,900
2020 $2,365 $176,500 $0 $176,500
2019 $2,208 $154,400 $0 $154,400
2018 $1,691 $111,600 $0 $111,600
2017 $1,652 $105,900 $0 $105,900
2016 $1,535 $94,900 $0 $94,900
2015 $1,502 $89,700 $0 $89,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72091329

MLS Property Information Network (MLS PIN)

APN: LYNN-000037-000279-000057-000005-000005