NOT LISTED FOR SALE

Estimated Value: $299,000 - $373,596

2 Beds
1 Bath
770 Sq Ft
$202/mo HOA Fee

Last Sold June 21, 2018

Last sale price $190,000 $247 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $2,154/month

12 Days on Market

Highlights

  • Wood Flooring
  • Intercom
  • Forced Air Heating System

About This Home

As of June 2018

Large 2 bedroom, 1 bath located in the historic Sagamore Hill District. This spacious condo is move in ready. New furnace, updated kitchen granite counter tops, washer and dryer in the unit. Plenty of additional storage in the basement designated area. Located on the first floor of the building, you'll enjoy plenty of sunlight and ocean breezes. Hardwood floors throughout, large living room and dining room make this the perfect space to call home! Why pay rent when you can own ! One assigned parking space. You'll enjoy the summer being close to beautiful beaches and Red Rock Park, with four miles of unobstructed coastline from Swampscott to Nahant. Walk to area coffee shops, restaurants and stores. Minutes to major bus lines and Lynn Commuter Rail, Wonderland Station and Boston! This is a do not miss! First showings Open House Saturday May 5th 1-3pm. Sunday May 6th 1-3pm Offers, if any, are due by Wednesday, May 9th. 5pm.

Last Agent to Sell the Property

Victoria Withers

Connor Real Estate Listed on: 05/02/2018

Last Buyer's Agent

Darryln Leikauskas

Berkshire Hathaway HomeServices Commonwealth Real Estate

Berkshire Hathaway HomeServices Commonwealth Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $760

Year Built

  • Built in 1905

Lot Details

  • Year Round Access

HOA Fees

  • $202 per month

Kitchen

  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Laundry

  • Dryer
  • Washer

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Basement

Community Details

  • Call for details about the types of pets allowed

Listing and Financial Details

  • Assessor Parcel Number M:081 B:584 L:016 S:002

Property Details

Home Type

Condominium

Est. Annual Taxes

$760

Year Built

Built in 1905

Lot Details

0

HOA Fees

$202 per month

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Low-Rise
  • Commission: 2.00
  • Seller Agency: 2.00
  • Sub-Agency Relationship Offered: Yes
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 258.44
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1905
  • Lead Paint: Unknown
  • Year Round: Yes
  • Unit Building: 2
  • Unit Level: 1
  • Unit Placement: Street, Front
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1905

Interior Features

  • Flooring: Tile, Hardwood
  • Interior Amenities: Cable Available, Intercom
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
  • No Bedrooms: 2
  • Master Bedroom: On Level: First Floor, Flooring - Laminate
  • Bedroom 2: On Level: First Floor, Flooring - Hardwood
  • Full Bathrooms: 1
  • Bathroom 1: On Level: First Floor, Bathroom - Full, Flooring - Stone/Ceramic Tile
  • No Rooms: 5
  • Dining Room: On Level: First Floor, Flooring - Hardwood
  • Kitchen: On Level: First Floor, Flooring - Stone/Ceramic Tile
  • Laundry: On Level: First Floor
  • Living Room: On Level: First Floor, Flooring - Hardwood
  • Basement: Y
  • No Living Levels: 1
  • Main Lo: AN4305
  • Main So: AN4870
  • Estimated Sq Ft: 770.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 0 to 1/10 Mile
  • Construction: Stone/Concrete
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Insulation Feature: Full
  • Exterior Unit Features: Screens

Garage/Parking

  • Parking Feature: Off-Street, On Street Permit, Assigned
  • Parking Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 220 Volts, 100 Amps
  • Sewage District: Lynn
  • Cooling: Window AC
  • Heating: Forced Air, Gas
  • Heat Zones: 1
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Gas Oven, for Electric Dryer

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Tennis Court, Park, Walk/Jog Trails, Bike Path, Highway Access, Marina, Public School, T-Station
  • HOA Fees: 202.00
  • Association Fee Includes: Water, Sewer, Master Insurance, Exterior Maintenance, Landscaping, Snow Removal, Refuse Removal, Reserve Funds
  • Condo Association: Yes
  • Association Security: Intercom
  • Management: Owner Association

Association/Amenities

  • Condominium Name: 56 Sachem Street Condominium Trust

Lot Info

  • Assessments: 160000.00
  • Acre: 0.17
  • Lot Size: 7207.00
  • Page: 570
  • Parcel Number: M:081 B:584 L:016 S:002
  • Zoning: R5

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Taxes: 2424.00
  • Assessor Parcel Number: 4284831

Multi Family

  • No Units: 6
  • No Units Owner Occ: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 28, 2023
Sold by
Sachem Oceanview Rlty Llc
Bought by
Ingerson Don L
Current Estimated Value
$341,899

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,210,000
Outstanding Balance
$1,189,729
Interest Rate
7.18%
Mortgage Type
Commercial
Estimated Equity
-$847,830

Purchase Details

Listed on
May 2, 2018
Closed on
Jun 21, 2018
Sold by
Oleary Daniel P
Bought by
Lakis Meghan M
Seller's Agent
Victoria Withers
Connor Real Estate
Buyer's Agent
Darryln Leikauskas
Berkshire Hathaway HomeServices Commonwealth Real Estate
List Price
$199,000
Sold Price
$190,000
Premium/Discount to List
-$9,000
-4.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.66%
Original Mortgage
$171,000
Interest Rate
4.5%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Apr 29, 2002
Sold by
Sachem Oceanview Realt
Bought by
Ingerson Don Lee
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
Ingerson Don L -- None Available
Ingerson Don L -- None Available
Lakis Meghan M -- --
Lakis Meghan M -- --
Ingerson Don Lee $145,000 --
Ingerson Don Lee $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 56 Sachem St Realty Llc $1,210,000
Closed 56 Sachem St Realty Llc $1,210,000
Previous Owner Lakis Meghan M $33,000
Previous Owner Lakis Meghan M $170,000
Previous Owner Lakis Meghan M $171,000
Previous Owner Oleary Daniel P $81,575
Previous Owner Ingerson Don Lee $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2018 06/21/18 Sold $190,000 -4.5% $247 / Sq Ft
05/14/2018 05/14/18 Pending -- -- --
05/02/2018 05/02/18 For Sale $199,000 +58.6% $258 / Sq Ft
06/27/2013 06/27/13 Sold $125,500 -3.4% $153 / Sq Ft
05/20/2013 05/20/13 Pending -- -- --
04/18/2013 04/18/13 Price Changed $129,900 -2.0% $159 / Sq Ft
04/02/2013 04/02/13 For Sale $132,500 -- $162 / 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 $760 $73,400 $0 $73,400
2024 $727 $69,000 $0 $69,000
2023 $2,831 $253,900 $0 $253,900
2022 $2,746 $220,900 $0 $220,900
2021 $2,886 $221,500 $0 $221,500
2020 $2,427 $181,100 $0 $181,100
2019 $2,417 $169,000 $0 $169,000
2018 $2,424 $160,000 $0 $160,000
2017 $2,262 $145,000 $0 $145,000
2016 $2,243 $138,600 $0 $138,600
2015 $2,042 $121,900 $0 $121,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72318771

MLS Property Information Network (MLS PIN)

APN: LYNN-000081-000584-000016-000002-000002