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Seller's Agent in 2013
Jose Rafael Zambrano
RE/MAX 360
(781) 267-0678
14 Total Sales
45 Cottage St Unit 8 Lynn, MA 01905
West Lynn NeighborhoodEstimated Value: $230,000 - $277,000
1
Bed
1
Bath
539
Sq Ft
0.29
Acres
About This Home
As of November 2013Open House this Sunday 22nd 2 to 3:00 PM Why Pay Rent When You Can Own? A great place to call home in a very convenient location less than two minutes away from Rt.107. Hardwood floors throughout the unit with a spacious bedroom. The building was constructed after the 1980s and has been kept up very well. Do not miss out on this opportunity! Great for investors who are seeking rental income ! Current tenant pays $900/mth! Fantastic owner occupancy rate!!
Property Details
Home Type
Condominium
Est. Annual Taxes
$1,902
Year Built
1985
Lot Details
0
Listing Details
- Unit Level: 2
- Unit Placement: Upper, Middle
- Special Features: None
- Property Sub Type: Condos
- Year Built: 1985
Interior Features
- Has Basement: Yes
- Number of Rooms: 3
- Flooring: Hardwood
- Bathroom #1: First Floor
- Kitchen: First Floor
- Living Room: First Floor
- Master Bedroom: First Floor, 13X12
- Master Bedroom Description: Flooring - Hardwood
Exterior Features
- Construction: Brick, Stone/Concrete
- Exterior: Brick
- Exterior Unit Features: Porch
Garage/Parking
- Parking: Deeded
- Parking Spaces: 1
Utilities
- Utility Connections: for Electric Oven
Condo/Co-op/Association
- Association Fee Includes: Water, Sewer, Master Insurance, Laundry Facilities, Exterior Maintenance, Landscaping, Snow Removal, Extra Storage, Garden Area
- Management: Resident Superintendent
- Pets Allowed: Unknown
- No Units: 12
- Unit Building: 8
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 3, 2013
Closed on
Nov 8, 2013
Sold by
Valle Carlos
Bought by
Fiore Stephen A
Seller's Agent
Jose Rafael Zambrano
RE/MAX 360
Buyer's Agent
Karen Herrick
RE/MAX Encore
List Price
$84,900
Sold Price
$74,000
Premium/Discount to List
-$10,900
-12.84%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,126
Avg. Annual Appreciation
10.81%
Original Mortgage
$5,175
Outstanding Balance
$3,874
Interest Rate
4.25%
Estimated Equity
$251,252
Purchase Details
Closed on
Sep 13, 2011
Sold by
Hsbc Bank Usa Na
Bought by
Valle Carlos
Purchase Details
Closed on
Jan 28, 2011
Sold by
Araujo Luis
Bought by
Hsbc Bank Usa
Purchase Details
Closed on
Jan 24, 2006
Sold by
Igbinenikaro John O
Bought by
Araujo Luis
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,600
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 6, 1999
Sold by
Fdic
Bought by
Igbinenikaro John O
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,350
Interest Rate
6.8%
Mortgage Type
Purchase Money Mortgage
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 |
|---|---|---|---|
| Fiore Stephen A | $74,000 | -- | |
| Valle Carlos | $40,199 | -- | |
| Hsbc Bank Usa | $64,000 | -- | |
| Araujo Luis | $114,000 | -- | |
| Igbinenikaro John O | $21,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Igbinenikaro John O | $5,175 | |
| Open | Fiore Stephen A | $59,200 | |
| Previous Owner | Igbinenikaro John O | $102,600 | |
| Previous Owner | Igbinenikaro John O | $60,000 | |
| Previous Owner | Igbinenikaro John O | $19,350 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/08/2013 11/08/13 | Sold | $74,000 | -7.4% | $137 / Sq Ft |
| 10/03/2013 10/03/13 | Pending | -- | -- | -- |
| 09/14/2013 09/14/13 | Price Changed | $79,900 | -5.9% | $148 / Sq Ft |
| 09/03/2013 09/03/13 | For Sale | $84,900 | -- | $158 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
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 | $1,902 | $183,600 | $0 | $183,600 |
| 2024 | $1,755 | $166,700 | $0 | $166,700 |
| 2023 | $1,981 | $177,700 | $0 | $177,700 |
| 2022 | $2,012 | $161,900 | $0 | $161,900 |
| 2021 | $2,020 | $155,000 | $0 | $155,000 |
| 2020 | $1,666 | $124,300 | $0 | $124,300 |
| 2019 | $1,556 | $108,800 | $0 | $108,800 |
| 2018 | $1,323 | $87,300 | $0 | $87,300 |
| 2017 | $1,310 | $84,000 | $0 | $84,000 |
| 2016 | $1,233 | $76,200 | $0 | $76,200 |
| 2015 | $1,211 | $72,300 | $0 | $72,300 |
Source: Public Records
Agents Affiliated with this Home
-
Jose Rafael Zambrano
-
Karen Herrick
Buyer's Agent in 2013
Karen Herrick
RE/MAX
(781) 640-7070
14 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 71577053
APN: LYNN-000037-000279-000057-000008-000008
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.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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