NOT LISTED FOR SALE

49 Munroe St Unit 304 Lynn, MA 01901

Downtown Lynn Neighborhood

Estimated Value: $284,000 - $324,000

1 Bed
1 Bath
693 Sq Ft
7,405 Sq Ft Lot

Last Sold May 27, 2022

Last sale price $270,000 $390 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,857/month

1 Day on Market

Highlights

  • Elevator
  • 1-minute walk to Lynn
  • 3-minute walk to Lynn Heritage State Park
  • Forced Air Heating and Cooling System

About This Home

As of May 2022

***Offer has been accepted but showing for backup*** Classic brick loft style condominium! This third floor, 693 square foot unit comes fully equipped with new central air conditioning, leathered granite counters, updated kitchen with stainless steel appliances, newly renovated bathroom, in-unit 2 in 1 washer/dryer, and soaring 11 foot ceilings. There is no wasted space with an open floor plan featuring two large windows, exposed brick, exposed wood beams, contemporary lighting fixtures, and refinished original wood floors. This elevator building comes with additional common laundry on every floor, intercom security system, and private storage in the basement.

Last Agent to Sell the Property

Jesse Gustafson

Gibson Sotheby's International Realty Listed on: 04/20/2022

Gibson Sotheby's International Realty

Last Buyer's Agent

James Moretti

Atlantic Coast Homes,Inc

Atlantic Coast Homes,Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,651

Year Built

  • Built in 1900

Lot Details

  • 7,405

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 1 Full Bathroom
  • 693 Sq Ft Home
  • 1-Story Property
  • Basement

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number M:068 B:627 L:004 S:013,4531752

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, snow removal
  • 20 Units
  • Mid-Rise Condominium

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,651

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Mid-Rise
  • Year Built: 1900
  • Dual Variable: Yes
  • Entry Level: 3
  • Year Built Details: Unknown/Mixed
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Fireplace YN: No
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Y
  • Living Area: 693
  • Spa YN: No
  • Stories Total: 1
  • MAIN LO: AN1593
  • MAIN SO: AN4305

Exterior Features

  • Home Warranty YN: No
  • Waterfront Features: Beach Front
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Electric
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Elevator(s)
  • Association Fee: 332
  • Senior Community YN: No

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Snow Removal

Lot Info

  • Parcel Number: M:068 B:627 L:004 S:013,4531752
  • Zoning: CBD
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.17
  • Lot Size Sq Ft: 7396
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2651

Multi Family

  • Number Of Units Total: 20
  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2022
Closed on
May 27, 2022
Sold by
Bennoui Amber
Bought by
Balakrishna Sanketh K
Seller's Agent
Jesse Gustafson
Gibson Sotheby's International Realty
Buyer's Agent
James Moretti
Atlantic Coast Homes,Inc
List Price
$255,000
Sold Price
$270,000
Premium/Discount to List
$15,000
5.88%
Current Estimated Value
$300,262

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,262
Avg. Annual Appreciation
3.06%
Original Mortgage
$250,000
Outstanding Balance
$237,308
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$62,954

Purchase Details

Closed on
Jun 15, 2005
Sold by
Montreal Investments L
Bought by
Carbone Marie C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,920
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage
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
Balakrishna Sanketh K $270,000 None Available
Carbone Marie C $184,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Balakrishna Sanketh K $250,000
Previous Owner Carbone Marie C $135,530
Previous Owner Carbone Marie C $147,920
Previous Owner Carbone Marie C $27,735
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/27/2022 05/27/22 Sold $270,000 +5.9% $390 / Sq Ft
04/22/2022 04/22/22 Pending -- -- --
04/20/2022 04/20/22 For Sale $255,000 +2.0% $368 / Sq Ft
10/26/2020 10/26/20 Sold $250,000 +13.7% $361 / Sq Ft View Prior Sale
08/24/2020 08/24/20 Pending -- -- --
08/19/2020 08/19/20 For Sale $219,900 -- $317 / 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 $3,387 $326,900 $0 $326,900
2024 $2,703 $256,700 $0 $256,700
2023 $2,570 $230,500 $0 $230,500
2022 $2,651 $213,300 $0 $213,300
2021 $2,900 $222,600 $0 $222,600
2020 $2,479 $185,000 $0 $185,000
2019 $2,249 $157,300 $0 $157,300
2018 $2,459 $141,300 $0 $141,300
2017 $2,398 $153,700 $0 $153,700
2016 $2,160 $133,500 $0 $133,500
2015 $2,139 $127,700 $0 $127,700
Source: Public Records

Agents Affiliated with this Home

  • Jesse Gustafson

    Seller's Agent in 2022

    Jesse Gustafson

    Gibson Sotheby's International Realty

    (617) 642-4787

    3 in this area

    61 Total Sales

    Jesse Gustafson
    Section Image

  • J

    Buyer's Agent in 2022

    James Moretti

    Atlantic Coast Homes,Inc

    Section Image
  • Jason Newbury

    Seller's Agent in 2020

    Jason Newbury

    Laer Realty

    (978) 835-3806

    47 Total Sales

    Jason Newbury
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72968865

MLS Property Information Network (MLS PIN)

APN: LYNN-000068-000627-000004-000013-000013

Massachusetts Essex County Lynn 01901 Downtown Lynn

49 Munroe St Unit 304, Lynn, MA

Not Listed for Sale

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