NOT LISTED FOR SALE

49 Munroe St Unit 404 Lynn, MA 01901

Downtown Lynn Neighborhood

Estimated Value: $290,000 - $317,000

1 Bed
1 Bath
693 Sq Ft
$405/mo HOA Fee

Last Sold June 01, 2022

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

Est. 13% increase in value since last sale

Current estimated payment $2,347/month

3 Days on Market

Highlights

  • Marina
  • 1-minute walk to Lynn
  • Jogging Path
  • Medical Services
  • Property is near public transit
  • 3-minute walk to Lynn Heritage State Park

About This Home

As of June 2022

Classic brick loft style condominium! This top floor 693 square foot unit comes fully equipped with central air conditioning, updated kitchen with stainless steel appliances, and soaring 16 foot ceilings with a large skylight! There is no wasted space with an open floor plan featuring two large windows, exposed brick, exposed wood beams, contemporary lighting fixtures, and classic wood floors. This elevator building comes with additional common laundry on every floor, intercom security system, and private storage in the basement. Please join us for our open houses on Saturday April 30th and Sunday May 1st from 11am-1pm.

Last Agent to Sell the Property

Jesse Gustafson

Gibson Sotheby's International Realty Listed on: 04/29/2022

Last Buyer's Agent

Michelle Theriault

Century 21 Limitless

Century 21 Limitless

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,870

Year Built

  • Built in 1900

Lot Details

  • 7,405

HOA Fees

  • $405 Monthly HOA Fees

Home Design

  • Entry on the 4th floor

Interior Spaces

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

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number M:068 B:627 L:004 S:020,4523177

Community Details

Overview

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

Amenities

  • Medical Services
  • Shops
  • Coin Laundry
  • Elevator

Recreation

  • Marina
  • Park
  • Jogging Path
  • Bike Trail

Pet Policy

  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,870

Year Built

Built in 1900

Lot Details

0

HOA Fees

$405 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Mid-Rise
  • Year Built: 1900
  • Buyer Agency: 2.5
  • Buyer Agency Type: %
  • Dual Variable: Yes
  • Entry Level: 4
  • Transaction Broker: 0
  • Transaction Broker Type: %
  • Year Built Details: Unknown/Mixed
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 1

Interior Features

  • Fireplace YN: No
  • Appliances: Electric Water Heater
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Laundry Features: In Building
  • Living Area: 693
  • Stories Total: 1
  • MAIN LO: AN1593
  • LIST PRICE PER Sq Ft: 389.47
  • PRICE PER Sq Ft: 389.61
  • MAIN SO: AN6617

Exterior Features

  • Waterfront YN: No

Garage/Parking

  • Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Security Features: Intercom
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Elevator(s)
  • Association Fee: 405
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, House of Worship, Marina, T-Station, University
  • UNIT BUILDING: 404
  • MANAGEMENT: Professional - Off Site
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Parcel Number: M:068 B:627 L:004 S:020,4523177
  • Zoning: CBD
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.17
  • Lot Size Area: 0.17
  • Lot Size Sq Ft: 7405.2
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • LOT SIZE: 7396
  • PAGE: 75

Rental Info

  • Pets Allowed: Breed Restrictions

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2870
  • Tax Book Number: 40363

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 29, 2022
Closed on
Jun 1, 2022
Sold by
Therrien Raymond J
Bought by
Perdomo Fernanda I
Seller's Agent
Jesse Gustafson
Gibson Sotheby's International Realty
Buyer's Agent
Michelle Theriault
Century 21 Limitless
List Price
$269,900
Sold Price
$270,000
Premium/Discount to List
$100
0.04%
Current Estimated Value
$305,039

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,039
Avg. Annual Appreciation
4.17%
Original Mortgage
$232,000
Outstanding Balance
$220,741
Interest Rate
5.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$87,927

Purchase Details

Listed on
Aug 4, 2021
Closed on
Oct 8, 2021
Sold by
Ranney Nathan
Bought by
Therrien Raymond J
Seller's Agent
Jonathan Mathews
Legacy Realty Advisors LLC
Buyer's Agent
Jesse Gustafson
Gibson Sotheby's International Realty
List Price
$239,999
Sold Price
$235,000
Premium/Discount to List
-$4,999
-2.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.81%
Original Mortgage
$223,250
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jul 9, 2018
Closed on
Sep 6, 2018
Sold by
Colvin Jeremy
Bought by
Ranney Nathan
Seller's Agent
Ryan Wilson
Keller Williams Realty
Buyer's Agent
Alain Alcindor
RE/MAX Andrew Realty Services
List Price
$199,000
Sold Price
$209,000
Premium/Discount to List
$10,000
5.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.87%
Original Mortgage
$194,700
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 27, 2005
Sold by
Montreal Investments L
Bought by
Colvin Jeremy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Perdomo Fernanda I $270,000 None Available
Therrien Raymond J $235,000 None Available
Ranney Nathan $209,000 --
Colvin Jeremy $205,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perdomo Fernanda I $232,000
Previous Owner Therrien Raymond J $223,250
Previous Owner Ranney Nathan $194,700
Previous Owner Ranney Nathan S $20,000
Previous Owner Colvin Jeremy $164,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2022 06/01/22 Sold $270,000 0.0% $390 / Sq Ft
05/03/2022 05/03/22 Pending -- -- --
04/29/2022 04/29/22 For Sale $269,900 +14.9% $389 / Sq Ft
10/08/2021 10/08/21 Sold $235,000 -2.1% $339 / Sq Ft
08/17/2021 08/17/21 Pending -- -- --
08/04/2021 08/04/21 For Sale $239,999 +14.8% $346 / Sq Ft
09/06/2018 09/06/18 Sold $209,000 +5.0% $302 / Sq Ft
08/07/2018 08/07/18 Pending -- -- --
07/24/2018 07/24/18 For Sale $199,000 0.0% $287 / Sq Ft
07/13/2018 07/13/18 Pending -- -- --
07/09/2018 07/09/18 For Sale $199,000 -- $287 / 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 $3,513 $339,100 $0 $339,100
2024 $2,799 $265,800 $0 $265,800
2023 $2,786 $249,900 $0 $249,900
2022 $2,870 $230,900 $0 $230,900
2021 $3,139 $240,900 $0 $240,900
2020 $2,680 $200,000 $0 $200,000
2019 $2,434 $170,200 $0 $170,200
2018 $2,658 $152,700 $0 $152,700
2017 $2,590 $166,000 $0 $166,000
2016 $2,323 $143,600 $0 $143,600
2015 $2,298 $137,200 $0 $137,200
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

    4 in this area

    69 Total Sales

    Jesse Gustafson
    Section Image
  • Michelle Theriault

    Buyer's Agent in 2022

    Michelle Theriault

    Century 21 Limitless

    (508) 314-9550

    1 in this area

    17 Total Sales

    Michelle Theriault
    Section Image
  • Jonathan Mathews

    Seller's Agent in 2021

    Jonathan Mathews

    Legacy Realty Advisors LLC

    (781) 853-1765

    1 in this area

    85 Total Sales

    Jonathan Mathews
    Section Image
  • Ryan Wilson

    Seller's Agent in 2018

    Ryan Wilson

    Keller Williams Realty

    (781) 424-6286

    666 Total Sales

    Ryan Wilson
    Section Image

  • A

    Buyer's Agent in 2018

    Alain Alcindor

    RE/MAX

    (857) 249-3110

    6 Total Sales

    Alain Alcindor
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72973969

MLS Property Information Network (MLS PIN)

APN: LYNN-000068-000627-000004-000020-000020

Massachusetts Essex County Lynn 01901 Downtown Lynn

49 Munroe St Unit 404, Lynn, MA

This home is located at 49 Munroe St Unit 404, Lynn, MA 01901 since 29 April 2022 and is currently estimated at $305,039, approximately $440 per square foot. This property was built in 1900. 49 Munroe St Unit 404 is a home located in Essex County with nearby schools including E.J. Harrington School, William R. Fallon School, and Fecteau-Leary Junior/Senior High School.

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.

MLS Property Information Network (MLS PIN) 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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