NOT LISTED FOR SALE

Estimated Value: $451,000 - $502,000

2 Beds
1.5 Baths
1,126 Sq Ft
$433/Sq Ft Est. Value

Last Sold June 03, 2015

Last sale price $210,000 $187 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $2,980/month

22 Days on Market

Highlights

  • Waterfront
  • 1 Fireplace
  • Stainless Steel Appliances
  • Property is near public transit
  • Upgraded Countertops
  • Bay Window

About This Home

As of June 2015

This home is located at 5 Chase Ln, Lynn, MA 01902 since 28 March 2015 and is currently estimated at $487,899, approximately $433 per square foot. This property was built in 1984. 5 Chase Ln is a home located in Essex County with nearby schools including E.J. Harrington School, William R. Fallon School, and Marshall Middle School.

Last Agent to Sell the Property

Phyllis Levin

Sagan Harborside Sotheby's International Realty Listed on: 03/28/2015

Last Buyer's Agent

Phyllis Levin

Sagan Harborside Sotheby's International Realty Listed on: 03/28/2015

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,734

Year Built

  • Built in 1984

Lot Details

  • 1.54

Parking

  • 2 Car Parking Spaces

Home Design

  • Entry on the 1st floor
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,126 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Bay Window
  • Picture Window
  • Sliding Doors
  • Exterior Basement Entry
  • Home Security System

Kitchen

  • Range
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • 1 Cooling Zone
  • 1 Heating Zone
  • Heat Pump System
  • Pellet Stove burns compressed wood to generate heat
  • 220 Volts

Additional Features

  • Waterfront
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 2002194

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include insurance, maintenance structure, road maintenance
  • 19 Units
  • Diamond District Subdivision

Amenities

  • Shops

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,734

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Townhouse
  • Year Built: 1984
  • Buyer Agency Type: %
  • Entry Level: 1
  • Subdivision Name: Diamond District
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Tile, Carpet
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Range,Dishwasher,Refrigerator,Freezer,Washer,Dryer
  • Total Bedrooms: 2
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Closet, Flooring - Wall to Wall Carpet
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Room Master Bedroom Features: Closet, Flooring - Wall to Wall Carpet, Window(s) - Bay/Bow/Box
  • Room Master Bedroom Level: Second
  • Master Bathroom Features: No
  • Bathroom 1 Features: Bathroom - Half
  • Bathroom 1 Level: First
  • Bathroom 2 Level: Second
  • Bathroom 2 Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower
  • Room Dining Room Features: Flooring - Wall to Wall Carpet, Slider
  • Room Dining Room Level: Main
  • Room Kitchen Level: Main
  • Room Kitchen Features: Flooring - Laminate, Countertops - Upgraded, Cabinets - Upgraded, Stainless Steel Appliances
  • Room Living Room Level: Main
  • Room Living Room Features: Wood / Coal / Pellet Stove, Flooring - Wall to Wall Carpet, Window(s) - Picture, Exterior Access
  • Living Area: 1126
  • Stories Total: 2
  • MAIN LO: C77800
  • MAIN SO: C77800

Exterior Features

  • Construction Materials: Frame
  • Home Warranty YN: No
  • Roof: Shingle
  • Waterfront Features: Beach Front, Ocean, 1/10 to 3/10 To Beach, Beach Ownership(Public)
  • Waterfront YN: Yes

Garage/Parking

  • Garage YN: No
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Cooling Y N: Yes
  • Electric: 220 Volts, Circuit Breakers
  • Heating YN: Yes
  • Security Features: Security System
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association Fee: 250
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, House of Worship
  • Senior Community YN: No

Fee Information

  • Association Fee Includes: Insurance, Maintenance Structure, Road Maintenance

Lot Info

  • Parcel Number: 2002194
  • Zoning: Res
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 3734

Multi Family

  • Number Of Units Total: 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2015
Closed on
Jun 3, 2015
Sold by
Gertman Harvey P
Bought by
Karan Boris and Karan Marina
Seller's Agent
Phyllis Levin
Sagan Harborside Sotheby's International Realty
Buyer's Agent
Phyllis Levin
Sagan Harborside Sotheby's International Realty
List Price
$215,000
Sold Price
$210,000
Premium/Discount to List
-$5,000
-2.33%
Current Estimated Value
$487,899

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$277,899
Avg. Annual Appreciation
8.33%
Original Mortgage
$189,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 1987
Sold by
Schrater Steven
Bought by
Gertman Harvey P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
10.54%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Karan Boris $210,000 --
Gertman Harvey P $158,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Karan Boris $189,000
Previous Owner Gertman Harvey P $73,580
Previous Owner Gertman Harvey P $103,000
Previous Owner Gertman Harvey P $25,000
Previous Owner Gertman Harvey P $126,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2015 06/03/15 Sold $210,000 0.0% $187 / Sq Ft
04/20/2015 04/20/15 Off Market $210,000 -- --
04/08/2015 04/08/15 For Sale $215,000 +2.4% $191 / Sq Ft
03/30/2015 03/30/15 Off Market $210,000 -- --
03/28/2015 03/28/15 For Sale $215,000 -- $191 / 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 $5,048 $487,300 $0 $487,300
2024 $4,721 $448,300 $0 $448,300
2023 $4,421 $396,500 $0 $396,500
2022 $4,217 $339,300 $0 $339,300
2021 $3,863 $296,500 $0 $296,500
2020 $3,907 $291,600 $0 $291,600
2019 $3,545 $247,900 $0 $247,900
2018 $3,550 $234,300 $0 $234,300
2017 $3,285 $210,600 $0 $210,600
2016 $3,770 $233,000 $0 $233,000
2015 $3,734 $222,900 $0 $222,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71807964

MLS Property Information Network (MLS PIN)

APN: LYNN-000081-000579-000056-000013-000013