NOT LISTED FOR SALE

481 Broadway Lynn, MA 01904

Lower Broadway Neighborhood

Estimated Value: $500,000 - $523,017

3 Beds
1 Bath
1,164 Sq Ft
$444/Sq Ft Est. Value

Sale Details

Date Sold: August 31, 2023

Last sale price $442,900 $380 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,122 / mo

19 Days on Market

Highlights

  • Golf Course Community
  • Fruit Trees
  • Property is near public transit and schools
  • Scenic Views
  • Deck
  • 1-minute walk to Flax Pond Park

About This Home

As of August 2023

LOCATION, LOCATION, LOCATION! This beautiful craftsman home overlooks Flax Pond and is within walking distance of restaurants, Dunk's, bus routes, and Flax Pond Playground and splash pad. On the first floor, you'll walk right into a beautiful sun/mud room. Then walk into a large light-filled country kitchen, that has been recently refurbished and has new appliances, Elfa pantry system, and sunny windows looking out over the play yard. A large and beautiful living room with a fireplace and a bedroom with a spacious closet. Second floor has 2 great-sized bedrooms with beautiful lake views and 2 closets each. A large unfinished basement, a deck with a view, fireplace and original woodwork trim throughout are some of the details that elevate this home from "historic charmer" to "must see"!Open house Saturday 07/22/23 11am-1pm Sunday 07/23/23 11:30pm-1:30pm.

Last Agent to Sell the Property

Lucelia Pimenta Azevedo

Lyv Realty Listed on: 07/04/2023

Last Buyer's Agent

Hien Lieu

RE/MAX 360

RE/MAX 360

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,309

Year Built

  • Built in 1926

Lot Details

  • 6,460 Sq Ft Lot
  • Fruit Trees
  • Property is zoned R1

Parking

  • Open Parking

Property Views

  • Pond
  • Scenic Vista

Home Design

  • Bungalow
  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,164 Sq Ft Home
  • 1 Fireplace
  • Unfinished Basement

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Gas Water Heater

Additional Features

  • Deck
  • Property is near public transit and schools

Listing and Financial Details

  • Assessor Parcel Number M:072 B:197 L:029,1991285

Community Details

Recreation

  • Golf Course Community
  • Tennis Courts
  • Park

Additional Features

  • No Home Owners Association
  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,309

Year Built

Built in 1926

Lot Details

6,460 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Year Built: 1926
  • Buyer Agency Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Owner
  • Special Features: None

Interior Features

  • Flooring: Tile, Hardwood
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Gas Water Heater, Dishwasher, Disposal, Microwave, Refrigerator
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Unfinished
  • Accessibility Features: No
  • Living Area: 1164
  • Spa YN: No
  • MAIN LO: AN6807
  • MAIN SO: AN4305

Exterior Features

  • Exterior Features: Deck, Fruit Trees
  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Patio And Porch Features: Deck
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • View: Scenic View(s)
  • View YN: Yes
  • Waterfront YN: No
  • Waterview Flag: Yes

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Heating: Baseboard, Natural Gas
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Golf, House of Worship, Private School, Public School, Sidewalks
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:072 B:197 L:029,1991285
  • Zoning: R1
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.15
  • Lot Size Sq Ft: 6460
  • Lot Size Units: Acres
  • Property Attached YN: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4309

Multi Family

  • Basement Included Sq Ft: No
  • Waterview: Pond, Walk to

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 4, 2023
Closed on
Aug 31, 2023
Sold by
Neeland Kalani and Neeland Michael P
Bought by
Mai Lida and Marquis Jacque A
Seller's Agent
Lucelia Pimenta Azevedo
Lyv Realty
Buyer's Agent
Hien Lieu
RE/MAX 360
List Price
$449,900
Sold Price
$442,900
Premium/Discount to List
-$7,000
-1.56%
Views
508
Current Estimated Value
$516,754

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,854
Avg. Annual Appreciation
6.06%
Original Mortgage
$420,755
Outstanding Balance
$408,591
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$108,163

Purchase Details

Listed on
Mar 17, 2019
Closed on
May 30, 2019
Sold by
Riley Phylicia and Riley Ryan
Bought by
Reel-Neeland Kalani and Neeland Michael P
Seller's Agent
M. J. Taglieri
Options Real Estate Services, LLC
Buyer's Agent
Hector Rodriguez
Berkshire Hathaway HomeServices Commonwealth Real Estate
List Price
$299,000
Sold Price
$300,000
Premium/Discount to List
$1,000
0.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.58%
Original Mortgage
$255,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 20, 2016
Closed on
Dec 30, 2016
Sold by
Bennett Michael and Bennett Colleen
Bought by
Riley Ryan and Riley Phylicia
Seller's Agent
Joe Roman
Thread Real Estate, LLC
Buyer's Agent
Doug Morrow
Churchill Properties
List Price
$289,900
Sold Price
$291,000
Premium/Discount to List
$1,100
0.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.27%
Original Mortgage
$285,729
Interest Rate
3.94%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 24, 2002
Sold by
Mcghee Florida J
Bought by
Bennett Michael and Bennett Colleen
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Mai Lida $442,900 None Available
Reel-Neeland Kalani $300,000 --
Riley Ryan $291,000 --
Bennett Michael $204,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mai Lida $420,755
Previous Owner Reel-Neeland Kalani $255,000
Previous Owner Riley Ryan $285,729
Previous Owner Bennett Michael $194,500
Previous Owner Bennett Michael $30,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/31/2023 08/31/23 Sold $442,900 -1.6% $380 / Sq Ft
07/24/2023 07/24/23 Pending -- -- --
07/04/2023 07/04/23 For Sale $449,900 +50.0% $387 / Sq Ft
05/30/2019 05/30/19 Sold $300,000 +0.3% $258 / Sq Ft View Prior Sale
04/29/2019 04/29/19 Pending -- -- --
04/01/2019 04/01/19 For Sale $299,000 0.0% $257 / Sq Ft
03/26/2019 03/26/19 Pending -- -- --
03/17/2019 03/17/19 For Sale $299,000 +2.7% $257 / Sq Ft
12/30/2016 12/30/16 Sold $291,000 +0.4% $225 / Sq Ft View Prior Sale
11/06/2016 11/06/16 Pending -- -- --
10/20/2016 10/20/16 For Sale $289,900 -- $224 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $4,550 $439,200 $187,600 $251,600
2024 $4,356 $413,700 $182,200 $231,500
2023 $4,309 $386,500 $178,900 $207,600
2022 $4,436 $356,900 $163,300 $193,600
2021 $3,982 $305,600 $141,900 $163,700
2020 $4,194 $313,000 $132,400 $180,600
2019 $4,206 $294,100 $125,500 $168,600
2018 $3,912 $258,200 $129,200 $129,000
2017 $3,588 $230,000 $109,400 $120,600
2016 $3,432 $212,100 $98,300 $113,800
2015 $3,270 $195,200 $98,300 $96,900
Source: Public Records

Agents Affiliated with this Home

  • Lucelia Pimenta Azevedo

    Seller's Agent in 2023

    Lucelia Pimenta Azevedo

    Lyv Realty

    (617) 461-1025

    1 in this area

    13 Total Sales

    Lucelia Pimenta Azevedo
    Section Image
  • Hien Lieu

    Buyer's Agent in 2023

    Hien Lieu

    RE/MAX 360

    (781) 913-1753

    2 in this area

    59 Total Sales

    Hien Lieu
    Section Image
  • M. J. Taglieri

    Seller's Agent in 2019

    M. J. Taglieri

    Options Real Estate Services, LLC

    (978) 979-0845

    1 in this area

    61 Total Sales

    M. J. Taglieri
    Section Image

  • H

    Buyer's Agent in 2019

    Hector Rodriguez

    Berkshire Hathaway HomeServices Commonwealth Real Estate

    Section Image
  • Joe Roman

    Seller's Agent in 2016

    Joe Roman

    Thread Real Estate, LLC

    (617) 308-4489

    26 Total Sales

    Joe Roman
    Section Image
  • Doug Morrow

    Buyer's Agent in 2016

    Doug Morrow

    Churchill Properties

    (978) 500-1234

    11 Total Sales

    Doug Morrow
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73131747

MLS Property Information Network (MLS PIN)

APN: LYNN-000072-000197-000029

Massachusetts Essex County Lynn 01904 Lower Broadway

481 Broadway, Lynn, MA

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