NOT LISTED FOR SALE

48 Michigan Ave Lynn, MA 01902

East Lynn Neighborhood

Estimated Value: $813,061 - $930,000

7 Beds
4 Baths
2,949 Sq Ft
$300/Sq Ft Est. Value

About This Home

This home is located at 48 Michigan Ave, Lynn, MA 01902 and is currently estimated at $883,765, approximately $299 per square foot. 48 Michigan Ave 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
Dec 9, 2024
Sold by
Espinosa Klarette D and Espinosa Jose
Bought by
Espinosa Klarette D
Current Estimated Value
$882,805

Purchase Details

Closed on
Sep 5, 2019
Sold by
Arias Manuel
Bought by
Guzman-Caceres Ramona and Espinosa Klarette D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$538,074
Interest Rate
3.7%
Mortgage Type
FHA

Purchase Details

Closed on
May 3, 2011
Sold by
Cap Morgan Stanley Abs
Bought by
Arias Manuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000
Interest Rate
4.88%

Purchase Details

Closed on
Feb 23, 2011
Sold by
Bonilla Maria S and Deutsche Bank Natl T C
Bought by
Deutsche Bank Natl T C

Purchase Details

Closed on
Apr 30, 1999
Sold by
Broider Richard
Bought by
Bonilla Maria S and Calderon Luisa E

Purchase Details

Closed on
Feb 13, 1996
Sold by
Fleet Mortgage Corp
Bought by
Broider Richard L and Broider Christine

Purchase Details

Closed on
Dec 30, 1994
Sold by
Mcneill Paul J and Fleet Nb
Bought by
Fleet Natl Bk

Purchase Details

Closed on
Jul 19, 1991
Sold by
Curran James F and Curran Edith A
Bought by
Mcneill Paul J and Mcneill Valerie
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Espinosa Klarette D -- None Available
Espinosa Klarette D -- None Available
Espinosa Klarette D -- None Available
Guzman-Caceres Ramona $548,000 --
Espinosa Klarette D $548,000 --
Arias Manuel $170,000 --
Arias Manuel $170,000 --
Deutsche Bank Natl T C $193,500 --
Deutsche Bank Natl T C $193,500 --
Bonilla Maria S $169,000 --
Bonilla Maria S $169,000 --
Broider Richard L $89,500 --
Broider Richard L $89,500 --
Fleet Natl Bk $90,000 --
Fleet Natl Bk $90,000 --
Mcneill Paul J $138,900 --
Mcneill Paul J $138,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Guzman-Caceres Ramona $535,486
Previous Owner Guzman-Caceres Ramona $538,074
Previous Owner Arais Manuel $345,000
Previous Owner Arias Manuel $287,000
Previous Owner Mcneill Paul J $5,000
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 $8,342 $805,217 $208,100 $597,117
2024 $7,879 $748,200 $195,700 $552,500
2023 $7,881 $706,800 $193,000 $513,800
2022 $7,852 $631,700 $155,300 $476,400
2021 $7,241 $555,700 $131,400 $424,300
2020 $6,775 $505,600 $128,200 $377,400
2019 $6,555 $458,400 $119,800 $338,600
2018 $6,280 $414,500 $129,100 $285,400
2017 $5,806 $372,200 $106,500 $265,700
2016 $5,522 $341,300 $106,900 $234,400
2015 $5,271 $314,700 $106,900 $207,800
Source: Public Records

Map

Massachusetts Essex County Lynn 01902 East Lynn

48 Michigan Ave, Lynn, MA

This home is located at 48 Michigan Ave, Lynn, MA 01902 and is currently estimated at $883,765, approximately $299 per square foot. 48 Michigan Ave is a home located in Essex County with nearby schools including Brickett Elementary School, William R. Fallon School, and Marshall Middle School.

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