$173,000
SOLD APR 20, 2017

50 S Common St, Unit 504 Lynn, MA 01902

Downtown Lynn Neighborhood
2 Beds
2 Baths
950 Sq Ft
1.31 Acres

Recently Sold

$182 Per Sq Ft

12% Above List Price

3 Days on Market

About This Home

As of October 2017

High owner occupancy, well managed, and cat friendly! This 2 bed/2 bath unit needs cosmetic work, but is well worth the effort. Great opportunity for a first time home buyer or a rental investment. Valuable features include: garage parking, open floor plan between living room/kitchen, and lofty vaulted ceiling in living room, as well as a private balcony off of living room. Overlooks Lynn Commons and walkable to Downtown Lynn, the Newburyport/Rockport Commuter Rail, and the ocean. With Boston prices soaring, Coastal Lynn offers a competitive edge of affordability and livability within ten miles to Downtown Boston. Governor Baker's economic development team has their eyes on Lynn, and you should too! Lynn's Commuter Rail is just three stops to North Station! Lynn offers beaches, Lynn Woods, and a vibrant urban scene with popular restaurants, shops, pubs, cafes, brewery, farmer's market/community garden, grocery stores, theatre, library, museum, the arts, stunning architecture, and more.

Last Agent to Sell the Property

Soraya Cacici

Nest Forward Listed on: 03/27/2017

Last Buyer's Agent

Ann Marie Wilcox

Berkshire Hathaway HomeServices Commonwealth Real Estate

Berkshire Hathaway HomeServices Commonwealth Real Estate

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,794

Year Built

1988

Lot Details

0

Listing Details

  • Unit Level: 5
  • Unit Placement: Middle, Front
  • Property Type: Condominium/Co-Op
  • Other Agent: 2.50
  • Handicap Access: Yes
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1988

Interior Features

  • Appliances: Range, Dishwasher, Disposal, Refrigerator, Freezer
  • Has Basement: Yes
  • Number of Rooms: 4
  • Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Stables, Golf Course, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University, Other (See Remarks)
  • No Living Levels: 1

Exterior Features

  • Beach Ownership: Public

Garage/Parking

  • Garage Parking: Under
  • Garage Spaces: 1
  • Parking: Off-Street, Deeded
  • Parking Spaces: 0

Utilities

  • Cooling: Central Air, Heat Pump
  • Heating: Heat Pump, Electric
  • Heat Zones: 1
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Condominium Name: Commons of Lynn
  • Association Fee Includes: Water, Sewer, Master Insurance, Elevator, Exterior Maintenance, Extra Storage, Reserve Funds
  • Association Security: Intercom
  • Management: Professional - Off Site
  • Pets Allowed: Yes w/ Restrictions
  • No Units: 55
  • Unit Building: 504

Fee Information

  • Fee Interval: Monthly

Lot Info

  • Assessor Parcel Number: M:052 B:732 L:003 S:048
  • Zoning: R5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2017
Closed on
Oct 31, 2017
Sold by
Frattaroli Annmarie and Frattaroli Donato
Bought by
Williams Gary F
Seller's Agent
Ann Marie Wilcox
Berkshire Hathaway HomeServices Commonwealth Real Estate
Buyer's Agent
Tony Wright
Redfin Corp.
List Price
$250,000
Sold Price
$245,000
Premium/Discount to List
-$5,000
-2%
Current Estimated Value
$391,172

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,172
Avg. Annual Appreciation
6.14%
Original Mortgage
$145,000
Outstanding Balance
$121,569
Interest Rate
3.78%
Mortgage Type
Unknown
Estimated Equity
$269,603

Purchase Details

Listed on
Mar 27, 2017
Closed on
Apr 20, 2017
Sold by
Slater Robert S
Bought by
Frattaroli Annmarie and Frattaroli Donato
Seller's Agent
Soraya Cacici
Nest Forward
Buyer's Agent
Ann Marie Wilcox
Berkshire Hathaway HomeServices Commonwealth Real Estate
List Price
$155,000
Sold Price
$173,000
Premium/Discount to List
$18,000
11.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
92.81%

Purchase Details

Closed on
Aug 2, 2004
Sold by
Slater Robert S and Slater Robin H
Bought by
Slater Robert S
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 Type Sale Price Title Company
Not Resolvable $245,000 --
Deed $173,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $145,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2017 10/31/17 Sold $245,000 -2.0% $258 / Sq Ft
09/26/2017 09/26/17 Pending -- -- --
09/06/2017 09/06/17 For Sale $250,000 +44.5% $263 / Sq Ft
04/20/2017 04/20/17 Sold $173,000 +11.6% $182 / Sq Ft
03/30/2017 03/30/17 Pending -- -- --
03/27/2017 03/27/17 For Sale $155,000 -- $163 / 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 $3,794 $366,200 $0 $366,200
2024 $3,658 $347,400 $0 $347,400
2023 $3,354 $300,800 $0 $300,800
2022 $3,069 $246,900 $0 $246,900
2021 $3,264 $250,500 $0 $250,500
2020 $2,948 $220,000 $0 $220,000
2019 $3,180 $222,400 $0 $222,400
2018 $2,013 $132,900 $0 $132,900
2017 $1,922 $123,200 $0 $123,200
2016 $1,992 $123,100 $0 $123,100
2015 $1,956 $116,800 $0 $116,800
Source: Public Records

Agents Affiliated with this Home

  • Ann Marie Wilcox

    Seller's Agent in 2017

    Ann Marie Wilcox

    Berkshire Hathaway HomeServices Commonwealth Real Estate

    (781) 608-1069

    47 Total Sales

    Ann Marie Wilcox
    Section Image

  • S

    Seller's Agent in 2017

    Soraya Cacici

    Nest Forward

    Section Image

  • T

    Buyer's Agent in 2017

    Tony Wright

    Redfin Corp.

    Section Image
See All Agents

About This Building

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72136559

MLS Property Information Network (MLS PIN)

APN: LYNN-000052-000732-000003-000048-000048

Massachusetts Essex County Lynn 01902 Downtown Lynn

50 S Common St Unit 504, Lynn, MA

This home is located at 50 S Common St Unit 504, Lynn, MA 01902 and is currently priced at $173,000, approximately $182 per square foot. This property was built in 1988. 50 S Common St Unit 504 is a home located in Essex County with nearby schools including Washington Elementary 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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