NOT LISTED FOR SALE

548 Eastern Ave Unit 1 Lynn, MA 01902

Chatham Street Neighborhood

Estimated Value: $709,000 - $784,000

1 Bed
1 Bath
800 Sq Ft
5,097 Sq Ft Lot

Highlights

  • Covered Deck
  • Main Floor Primary Bedroom
  • Den
  • Property is near public transit
  • No HOA
  • Covered Patio or Porch

About This Home

As of April 2024

Light filled first floor 1bd + FLEX Space to use as a walk-in closet, exercise room, home office or den. Open House Saturday 1/27 & Sunday 1/28 from 11a-12p. This freshly painted 1 bedroom, 1 bathroom + flex space is conveniently located to local shopping centers, dining, Newburyport commuter rail line, bus stops and just 1.3 miles to King's Beach! Fenced in rear yard. Rent includes 1 off-street parking spot, water, sewer, snow removal and shared laundry. No smoking & no pets. Move-In costs include first, last, $500 deposit & broker's fee.

Last Agent to Rent the Property

Kelsey Fontes

Joe Bean Real Estate Listed on: 01/25/2024

Last Renter's Agent

Kelsey Fontes

Joe Bean Real Estate Listed on: 01/25/2024

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1910

Lot Details

  • 5,097

Parking

  • 1 Car Parking Space

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 800 Sq Ft Home
  • Den
  • Laundry in Basement
  • Range

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Outdoor Features

  • Covered Deck
  • Covered Patio or Porch

Utilities

  • No Cooling
  • Heating System Uses Oil

Additional Features

  • Garden
  • Property is near public transit

Listing and Financial Details

  • Security Deposit $500
  • Rent includes sewer, snow removal, extra storage, garden area, laundry facilities
  • 12 Month Lease Term
  • Assessor Parcel Number 1998318

Community Details

Overview

  • No Home Owners Association

Amenities

  • Common Area
  • Shops
  • Laundry Facilities

Pet Policy

  • No Pets Allowed

Condo Details

Home Type

Condominium

Year Built

Built in 1910

Lot Details

0

Rental Info

  • Pets Allowed: No
  • Lease Term: Term of Rental(12)
  • Available Now: Yes
  • Deposit Required: Yes
  • FIRST MON REQD: Yes
  • INSURANCE REQD: Yes
  • LAST MON REQD: Yes
  • REFERENCES REQD: Yes
  • SEC DEPOSIT: 500

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Year Built: 1910
  • Entry Level: 1
  • CoOp Comp: 500
  • ResoPropertyType: ResidentialLease
  • ResoBuildingAreaSource: Other
  • Special Features: None

Interior Features

  • Interior Amenities: Den
  • Fireplace YN: No
  • Appliances: Range, Refrigerator
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Level: First
  • Bathroom 1 Level: First
  • Room Kitchen Level: First
  • Laundry Features: In Basement, Common Area, In Building
  • Room Living Room Level: First
  • Living Area: 800
  • Spa YN: No
  • MAIN LO: AN1010
  • MAIN SO: AN1010

Exterior Features

  • Exterior Features: Porch, Deck - Roof, Covered Patio/Deck, Garden
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Deck - Roof, Covered
  • Waterfront Features: 1 to 2 Mile To Beach
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Total Parking Spaces: 1

Utilities

  • Heating: Oil
  • Cooling Y N: No
  • Heating YN: Yes

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Shopping, T-Station
  • Rent Includes: Sewer, Snow Removal, Extra Storage, Garden Area, Laundry Facilities
  • Senior Community YN: No

Lot Info

  • Parcel Number: 1998318
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 5112
  • 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
May 27, 2025
Sold by
Petrova Meglena
Bought by
Portillo Raul O and Gutierrez Jose F
Current Estimated Value
$740,159

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$731,500
Outstanding Balance
$728,234
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$11,925

Purchase Details

Closed on
Dec 10, 2019
Sold by
Nancy I Wood Ret and Wood
Bought by
Petrova Meglena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$473,207
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 31, 2018
Sold by
Wood Nancy I
Bought by
Nancy I Wood Ret and Narcisse

Purchase Details

Closed on
Jul 8, 2004
Sold by
Wood George C
Bought by
Wood George C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Portillo Raul O $770,000 None Available
Portillo Raul O $770,000 None Available
Portillo Raul O $770,000 None Available
Petrova Meglena $489,650 None Available
Petrova Meglena $489,650 None Available
Petrova Meglena $489,650 None Available
Nancy I Wood Ret -- --
Nancy I Wood Ret -- --
Nancy I Wood Ret -- --
Wood George C -- --
Wood George C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Portillo Raul O $731,500
Closed Portillo Raul O $731,500
Previous Owner Petrova Meglena $473,207
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2024 04/01/24 Rented $1,900 0.0% --
02/13/2024 02/13/24 Under Contract -- -- --
01/31/2024 01/31/24 Price Changed $1,900 -2.6% $2 / Sq Ft
01/25/2024 01/25/24 For Rent $1,950 -- --
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 $6,557 $632,933 $202,300 $430,633
2024 $6,214 $590,100 $192,700 $397,400
2023 $6,221 $557,900 $187,800 $370,100
2022 $6,226 $500,900 $156,700 $344,200
2021 $5,768 $442,700 $135,200 $307,500
2020 $5,411 $403,800 $127,700 $276,100
2019 $5,267 $368,300 $119,400 $248,900
2018 $5,001 $330,100 $116,300 $213,800
2017 $4,766 $305,500 $102,700 $202,800
2016 $4,394 $271,600 $90,900 $180,700
2015 $4,092 $244,300 $82,500 $161,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73196667

MLS Property Information Network (MLS PIN)

APN: LYNN-000097-000454-000005