NOT LISTED FOR SALE

559 Summer St Unit 2 Lynn, MA 01905

West Lynn Neighborhood

Estimated Value: $324,000 - $503,000

2 Beds
1 Bath
755 Sq Ft
$290/mo HOA Fee

Last Sold October 18, 2022

Last sale price $385,000 $510 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,863/month

8 Days on Market

Highlights

  • Marina
  • Community Stables
  • 0.73 Acre Lot
  • Golf Course Community
  • Medical Services
  • 5-minute walk to GEAA Field

About This Home

As of October 2022

Rarely available unit at The LUXE @ Summer Street! This 2 bedroom unit and building were fully renovated in 2020. High Ceilings, sparkling chandeliers, luxurious kitchen with large island, Quartz counters and graphite appliances including 5 burner range. Bath features a double vanity with Quartz and rain shower impressive tiling. Energy efficient lighting, windows, heating and on-demand HW. Units have sound proofing in partition walls, C/A, keyless entry, washer/dryer hookup in unit & MORE. PETS ALLOWED! Desirable West Lynn location short distance to Boston, close to the Community Bike & Walking Path, 5 major bus routes to Wonderland & Haymarket.

Last Agent to Sell the Property

David Silen

117 Realty Listed on: 08/31/2022

Last Buyer's Agent

The Reference Group

Reference Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,096

Year Built

  • Built in 1920

Lot Details

  • Near Conservation Area

HOA Fees

  • $290 Monthly HOA Fees

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 755 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Decorative Lighting
  • Basement

Kitchen

  • Kitchen Island
  • Solid Surface Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • 1 Full Bathroom
  • Double Vanity
  • Separate Shower

Parking

  • 1 Car Parking Space
  • Off-Street Parking
  • Assigned Parking

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Forced Air Heating and Cooling System
  • 1 Cooling Zone
  • 1 Heating Zone
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number M:037 B:280 L:014 S:002,5166650

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, ground maintenance, snow removal, trash, reserve funds
  • 20 Units
  • Low-Rise Condominium
  • The Luxe At Summer Street Community

Amenities

  • Medical Services
  • Shops

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Park
  • Community Stables
  • Jogging Path
  • Bike Trail

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,096

Year Built

Built in 1920

Lot Details

0

HOA Fees

$290 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Low-Rise
  • Year Built: 1920
  • Buyer Agency: 2
  • Entry Level: 1
  • Transaction Broker: 1
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Entry Location: Unit Placement(Upper,Front)
  • Fireplace YN: No
  • Total Bedrooms: 2
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Closet, Flooring - Wood
  • Room Bedroom2 Area: 110
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Closet, Flooring - Wood
  • Room Master Bedroom Level: Second
  • Room Master Bedroom Area: 110
  • Bathroom 1 Area: 44
  • Bathroom 1 Features: Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile
  • Bathroom 1 Level: Second
  • Room Dining Room Features: Flooring - Wood, Open Floorplan
  • Room Dining Room Level: Second
  • Room Kitchen Level: Second
  • Room Kitchen Features: Flooring - Wood, Countertops - Stone/Granite/Solid, Kitchen Island, Cabinets - Upgraded, Open Floorplan, Lighting - Pendant
  • Room Kitchen Area: 132
  • Room Living Room Level: Second
  • Room Living Room Area: 280
  • Room Living Room Features: Flooring - Wood, Open Floorplan
  • Basement: Y
  • Living Area: 755
  • Stories Total: 1
  • MAIN LO: AN4305
  • LIST PRICE PER Sq Ft: 509.93
  • PRICE PER Sq Ft: 509.93
  • MAIN SO: AN7079

Exterior Features

  • Common Walls: Corner
  • Home Warranty YN: No
  • Waterfront Features: Beach Front, Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street, Assigned
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association Fee: 289.84
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Stable(s), Golf, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
  • Senior Community YN: No
  • UNIT BUILDING: 2
  • MANAGEMENT: Professional - Off Site
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds

Lot Info

  • Parcel Number: M:037 B:280 L:014 S:002,5166650
  • Zoning: BD
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.73
  • Lot Size Area: 0.73
  • Lot Size Sq Ft: 31780
  • Lot Size Units: Acres
  • PAGE: 0
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4096
  • Tax Book Number: 0

Multi Family

  • Number Of Units Total: 20
  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2020
Closed on
Jan 14, 2021
Sold by
Ns Holdings Llc
Bought by
Jones Paula
Seller's Agent
Katie DiVirgilio
RE/MAX 360
Buyer's Agent
David Silen
117 Realty
List Price
$349,900
Sold Price
$335,000
Premium/Discount to List
-$14,900
-4.26%
Current Estimated Value
$421,182

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,182
Avg. Annual Appreciation
4.63%
Original Mortgage
$200,000
Interest Rate
2.71%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Jones Paula $335,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garrasi Jenalee M $341,500
Closed Garrasi Jenalee M $341,500
Closed Jones Paula $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2022 10/18/22 Sold $385,000 0.0% $510 / Sq Ft
09/09/2022 09/09/22 Pending -- -- --
08/31/2022 08/31/22 For Sale $385,000 +14.9% $510 / Sq Ft
01/19/2021 01/19/21 Sold $335,000 -4.2% $444 / Sq Ft
12/18/2020 12/18/20 Pending -- -- --
12/11/2020 12/11/20 Price Changed $349,700 0.0% $463 / Sq Ft
11/16/2020 11/16/20 Price Changed $349,800 0.0% $463 / Sq Ft
10/08/2020 10/08/20 For Sale $349,900 -- $463 / 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 $4,185 $404,000 $0 $404,000
2024 $3,883 $368,800 $0 $368,800
2023 $3,744 $335,800 $0 $335,800
2022 $4,096 $329,500 $0 $329,500
Source: Public Records

Agents Affiliated with this Home

  • David Silen

    Seller's Agent in 2022

    David Silen

    117 Realty

    (781) 727-6064

    2 in this area

    48 Total Sales

    David Silen
    Section Image

  • T

    Buyer's Agent in 2022

    The Reference Group

    Reference Real Estate

    (781) 342-0052

    2 in this area

    280 Total Sales

    The Reference Group
    Section Image
  • Katie DiVirgilio

    Seller's Agent in 2021

    Katie DiVirgilio

    RE/MAX

    (617) 285-9847

    23 in this area

    295 Total Sales

    Katie DiVirgilio
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73030828

MLS Property Information Network (MLS PIN)

APN: LYNN M:037 B:280 L:014 S:002

Massachusetts Essex County Lynn 01905 West Lynn

559 Summer St Unit 2, Lynn, MA

This home is located at 559 Summer St Unit 2, Lynn, MA 01905 since 31 August 2022 and is currently estimated at $421,182, approximately $557 per square foot. This property was built in 1920. 559 Summer St Unit 2 is a home located in Essex County with nearby schools including Drewicz Elementary School, William R. Fallon School, and Breed Middle 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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