NOT LISTED FOR SALE

5 Seaside Terrace Unit 2 Lynn, MA 01902

Diamond District Neighborhood

Estimated Value: $942,000 - $1,039,894

3 Beds
1 Bath
1,000 Sq Ft
3,441 Sq Ft Lot

Highlights

  • Waterfront
  • No HOA
  • Balcony
  • Property is near public transit
  • Jogging Path
  • 1-minute walk to Kings Beach

About This Home

As of May 2024

Location, location, location! This is your chance to live near the beach in the Diamond District. 5 - 10 minute walk to coffee shops, restaurants, and amenities in downtown Swampscott and 10 minute walk to the Swampscott Commuter Rail. This bright and newly-renovated 3 bedroom is located 1 block from King's Beach on the border of Swampscott and Lynn. Brand new appliances (electric stove, microwave + fridge) fresh paint throughout, brand new renovated bathroom, and freshly refinished hardwood floors. This spacious home offers bay windows and tall ceilings letting in lots of light and ocean breeze. Plus, enjoy a second floor patio space. Street parking for one car on private way (additional cars park on street). Additional storage available in basement. Available for rent as early as 5/1 or at latest 6/1. Tenant is responsible for gas + electric. Coin-operated laundry in basement. 1-year lease with possible extension. Landlord is attentive to repairs.

Last Agent to Rent the Property

Maggie Kolb

Engel & Volkers Boston Listed on: 05/04/2024

Engel & Volkers Boston

Last Renter's Agent

Maggie Kolb

Engel & Volkers Boston Listed on: 05/04/2024

Engel & Volkers Boston

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,960

Year Built

  • Built in 1891

Lot Details

  • 3,441

Parking

  • 1 Car Parking Space

Home Design

  • 1,000 Sq Ft Home

Kitchen

  • <<OvenToken>>
  • Cooktop<<rangeHoodToken>>
  • <<microwave>>
  • ENERGY STAR Qualified Refrigerator
  • Freezer

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Porch

Utilities

  • No Cooling
  • Electric Baseboard Heater

Additional Features

  • Waterfront
  • Property is near public transit

Listing and Financial Details

  • Security Deposit $3,000
  • Property Available on 5/1/24
  • Rent includes water, sewer
  • 12 Month Lease Term
  • Assessor Parcel Number 2001089

Community Details

Overview

  • No Home Owners Association

Amenities

  • Common Area
  • Shops
  • Coin Laundry

Recreation

  • Park
  • Jogging Path

Pet Policy

  • Call for details about the types of pets allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$8,960

Year Built

Built in 1891

Lot Details

0

Rental Info

  • Pets Allowed: Yes w/ Restrictions
  • Available Date: 2024-05-01
  • Lease Term: Term of Rental(12)
  • Available Now: No
  • Deposit Required: Yes
  • FIRST MON REQD: Yes
  • INSURANCE REQD: Yes
  • LAST MON REQD: Yes
  • REFERENCES REQD: Yes
  • SEC DEPOSIT: 3000

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Year Built: 1891
  • Entry Level: 2
  • Year Round: Yes
  • CoOp Comp: 50/50
  • ResoPropertyType: ResidentialLease
  • ResoBuildingAreaSource: Owner
  • Special Features: None

Interior Features

  • Fireplace YN: No
  • Appliances: Microwave, Freezer, Washer, Dryer, ENERGY STAR Qualified Refrigerator, Cooktop, Oven
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Laundry Features: Common Area
  • Living Area: 1000
  • Spa YN: No
  • MAIN LO: AN2593
  • LIST PRICE PER Sq Ft: 3
  • PRICE PER Sq Ft: 3.1
  • MAIN SO: AN2593

Exterior Features

  • Exterior Features: Porch, Balcony
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Waterfront Features: 0 to 1/10 Mile To Beach
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Total Parking Spaces: 1

Utilities

  • Heating: Electric Baseboard
  • Cooling Y N: No
  • Heating YN: Yes

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, T-Station
  • Rent Includes: Water, Sewer
  • Senior Community YN: No
  • UNIT BUILDING: 2

Lot Info

  • Parcel Number: 2001089
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 3400
  • Lot Size Units: Acres
  • OUTDOOR SPACE AVAILABLE: Yes - Common
  • ResoLotSizeUnits: Acres

Multi Family

  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 14, 2022
Sold by
Graham Michael J
Bought by
5 Seaside Terrace Llc
Current Estimated Value
$1,006,224

Purchase Details

Closed on
Oct 7, 2021
Sold by
Seaside Llc
Bought by
Graham Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$607,500
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 12, 2005
Sold by
Schiraldi Marie Elena and Roiter Benjamin
Bought by
Gilberg Robert P

Purchase Details

Closed on
Jul 2, 2004
Sold by
Roiter Benjamin
Bought by
Schiraldi Marie Elena
Source: Public Records

Range of Values:

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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
5 Seaside Terrace Llc -- None Available
5 Seaside Terrace Llc -- None Available
Graham Michael J $810,000 None Available
Gilberg Robert P $200,000 --
Gilberg Robert P $200,000 --
Schiraldi Marie Elena -- --
Schiraldi Marie Elena -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Graham Michael J $607,500
Previous Owner Schiraldi Marie Elena $175,000
Previous Owner Schiraldi Marie Elena $185,000
Previous Owner Schiraldi Marie Elena $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2024 05/14/24 Rented $3,100 +3.3% --
05/14/2024 05/14/24 Under Contract -- -- --
05/04/2024 05/04/24 For Rent $3,000 -- --
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 $8,960 $864,900 $198,100 $666,800
2024 $9,148 $868,800 $209,900 $658,900
2023 $8,722 $782,200 $194,500 $587,700
2022 $7,913 $636,600 $146,700 $489,900
2021 $8,178 $627,600 $144,000 $483,600
2020 $7,686 $573,600 $129,000 $444,600
2019 $7,638 $534,100 $131,500 $402,600
2018 $7,214 $476,200 $134,500 $341,700
2017 $7,103 $455,300 $128,000 $327,300
2016 $6,762 $417,900 $125,400 $292,500
2015 $6,365 $380,000 $129,800 $250,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73233074

MLS Property Information Network (MLS PIN)

APN: LYNN-000102-000552-000005