47 Michigan Ave Unit 49 Lynn, MA 01902
Diamond District NeighborhoodEstimated Value: $780,680 - $872,000
4
Beds
2
Baths
2,482
Sq Ft
$337/Sq Ft
Est. Value
About This Home
This home is located at 47 Michigan Ave Unit 49, Lynn, MA 01902 and is currently estimated at $835,420, approximately $336 per square foot. 47 Michigan Ave Unit 49 is a home located in Essex County with nearby schools including Brickett Elementary School, William R. Fallon School, and Marshall Middle School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 14, 2025
Sold by
Ferguson Maureen
Bought by
Perez Gomez Amilcar M and Perez Gomez Veronica
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
$811,965
Outstanding Balance
$811,965
Interest Rate
6.89%
Mortgage Type
FHA
Estimated Equity
$23,455
Purchase Details
Closed on
Nov 27, 1996
Sold by
Demore Frank J
Bought by
Ferguson Maureen
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 |
---|---|---|---|
Perez Gomez Amilcar M | $840,000 | -- | |
Ferguson Maureen | $145,000 | -- | |
Ferguson Maureen | $145,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Perez Gomez Amilcar M | $811,965 | |
Previous Owner | Ferguson Maureen | $149,350 | |
Previous Owner | Ferguson Maureen | $15,875 | |
Previous Owner | Ferguson Maureen | $27,000 |
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 | $7,667 | $740,087 | $204,600 | $535,487 |
2024 | $7,256 | $689,100 | $192,400 | $496,700 |
2023 | $7,274 | $652,400 | $189,800 | $462,600 |
2022 | $7,245 | $582,900 | $152,700 | $430,200 |
2021 | $6,692 | $513,600 | $129,100 | $384,500 |
2020 | $6,290 | $469,400 | $126,100 | $343,300 |
2019 | $6,108 | $427,100 | $117,800 | $309,300 |
2018 | $5,902 | $389,600 | $127,000 | $262,600 |
2017 | $5,490 | $351,900 | $104,700 | $247,200 |
2016 | $5,257 | $324,900 | $105,100 | $219,800 |
2015 | $5,050 | $301,500 | $105,100 | $196,400 |
Source: Public Records
Map
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