50 Michigan Ave Lynn, MA 01902
East Lynn NeighborhoodEstimated Value: $633,000 - $732,000
4
Beds
2
Baths
1,832
Sq Ft
$372/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Kitchen Island
- 3-minute walk to Kiley Playground
- Stainless Steel Appliances
- 2 Cooling Zones
About This Home
As of October 2021This stylish and renovated Colonial will impress you the moment you step onto the lovely front porch! Diamond District Colonial located minutes to beach and on the Swampscott/Lynn line. Renovated just four years ago with new sparkling kitchen (stainless appliances, granite countertops and a recently added quartz-topped peninsula), mudroom, powder room, roof, vinyl siding, replacement windows, central a/c, heating system, fenced-in yard & pretty landscaping and new asphalt in each driveway (there are two!). Near great restaurants, two blocks to King’s Beach & Red Rock Park and seven minutes to commuter train. The neighborhood’s Kiley Park offers splash pad, basketball court, baseball & play area. This home is truly move-in ready ... you only need to unpack & start enjoying this beautiful home. First showings at Open Houses this weekend ... Saturday, July 17th 12-2pm & Sunday, July 18th 12-2pm. Offers due by Tuesday, July 20th @ 12:00 noon. Please allow 24 hrs for response.
Last Buyer's Agent
Adriel Cabrera
eXp Realty
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,659
Year Built
- 1919
Lot Details
- 6,970
Home Design
- Updated or Remodeled
Kitchen
- Stove
- Stainless Steel Appliances
- Kitchen Island
Flooring
- Wood
- Ceramic Tile
Attic
- Attic Access Panel
Utilities
- 2 Cooling Zones
- 2 Heating Zones
Additional Features
- Primary bedroom located on second floor
- Exterior Basement Entry
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 13, 2021
Closed on
Oct 1, 2021
Sold by
Bhatt Arti and Khan Zubair A
Bought by
Feliz Sadelis and Pere Sandra
Seller's Agent
Deborah Brown
Churchill Properties
Buyer's Agent
Adriel Cabrera
eXp Realty
List Price
$545,000
Sold Price
$570,000
Premium/Discount to List
$25,000
4.59%
Total Days on Market
8
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,718
Avg. Annual Appreciation
3.94%
Original Mortgage
$541,500
Outstanding Balance
$499,124
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$157,361
Purchase Details
Listed on
Jul 26, 2017
Closed on
Sep 15, 2017
Sold by
Cappuccio Raffaele A
Bought by
Khan Zubair A and Bhatt Arti
Seller's Agent
Michela Cappuccio
Cappuccio Realty Group LLC
Buyer's Agent
Deborah Brown
Churchill Properties
List Price
$415,000
Sold Price
$425,000
Premium/Discount to List
$10,000
2.41%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.52%
Original Mortgage
$434,137
Interest Rate
3.93%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 3, 2017
Sold by
Lanzoni Elton G Est
Bought by
Cappuccio Raffaele A
Purchase Details
Closed on
Jan 1, 1974
Bought by
Lanzoni James
Similar Homes in Lynn, MA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Feliz Sadelis | $570,000 | None Available | |
| Feliz Sadelis | $570,000 | None Available | |
| Khan Zubair A | $425,000 | -- | |
| Cappuccio Raffaele A | $175,000 | -- | |
| Lanzoni James | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Feliz Sadelis | $541,500 | |
| Closed | Feliz Sadelis | $541,500 | |
| Previous Owner | Khan Zubair A | $434,137 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/01/2021 10/01/21 | Sold | $570,000 | +4.6% | $311 / Sq Ft |
| 07/21/2021 07/21/21 | Pending | -- | -- | -- |
| 07/13/2021 07/13/21 | For Sale | $545,000 | +28.2% | $297 / Sq Ft |
| 09/15/2017 09/15/17 | Sold | $425,000 | +2.4% | $232 / Sq Ft |
| 08/02/2017 08/02/17 | Pending | -- | -- | -- |
| 07/26/2017 07/26/17 | For Sale | $415,000 | -- | $227 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $6,659 | $642,800 | $217,600 | $425,200 |
| 2024 | $6,205 | $589,300 | $204,600 | $384,700 |
| 2023 | $6,040 | $541,700 | $201,800 | $339,900 |
| 2022 | $5,804 | $466,900 | $162,400 | $304,500 |
| 2021 | $5,288 | $405,800 | $137,300 | $268,500 |
| 2020 | $5,249 | $391,700 | $134,100 | $257,600 |
| 2019 | $5,230 | $365,700 | $125,300 | $240,400 |
| 2018 | $4,625 | $305,300 | $135,000 | $170,300 |
| 2017 | $4,524 | $290,000 | $111,300 | $178,700 |
| 2016 | $4,509 | $278,700 | $111,800 | $166,900 |
| 2015 | $4,410 | $263,300 | $111,800 | $151,500 |
Source: Public Records
Agents Affiliated with this Home
-
Deborah Brown
Seller's Agent in 2021
Deborah Brown
Churchill Properties
(978) 317-8811
1 in this area
13 Total Sales
-
A
Buyer's Agent in 2021
Adriel Cabrera
eXp Realty
-
Michela Cappuccio
Seller's Agent in 2017
Michela Cappuccio
Cappuccio Realty Group LLC
(781) 864-0187
10 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72864656
APN: LYNN-000103-000546-000056
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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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