NOT LISTED FOR SALE

56 Sachem St Unit 4 Lynn, MA 01902

Diamond District Neighborhood

Estimated Value: $328,000 - $390,100

2 Beds
1 Bath
802 Sq Ft
7,187 Sq Ft Lot

Last Sold September 30, 2020

Last sale price $240,000 $299 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $2,032/month

106 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating System
  • Washer and Dryer

About This Home

As of September 2020

Very nice unit located in a very good an easy spot with convenient distance of the beach and walking or bike trail along Lynn and Nahant beaches and to commuting access to Boston and Logan. Unit can be used as a three bedroom if needed and it has plenty of windows for brightness and comfort. In unit stackable laundry hookups and with very low condo fees. Come and make yours today and enjoy the upcoming nice warm weather season.

Last Agent to Sell the Property

Rosa Feliz

Re-yes Real Estate Listed on: 05/06/2020

Last Buyer's Agent

Euclides Gonzalez

Cameron Prestige, LLC

Cameron Prestige, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $785

Year Built

  • Built in 1905

Lot Details

  • 7,187

Kitchen

  • Range<<rangeHoodToken>>
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Laundry

  • Washer and Dryer

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Water Holding Tank
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:081 B:584 L:016 S:004

Property Details

Home Type

Condominium

Est. Annual Taxes

$785

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Mid-Rise
  • Other Agent: 2.00
  • Restrictions: Smoking - In Common Areas, Smoking - In Units
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 299.13
  • Comp Based On: Net Sale Price
  • Year Built: 1905
  • Lead Paint: Unknown
  • Unit Building: 4
  • Unit Level: 2
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1905

Interior Features

  • Flooring: Wood, Wall to Wall Carpet
  • Interior Amenities: Cable Available
  • Appliances: Range, Dishwasher, Washer / Dryer Combo
  • No Bedrooms: 2
  • Full Bathrooms: 1
  • No Rooms: 5
  • Basement: Y
  • No Living Levels: 1
  • Main Lo: C10136
  • Main So: AN4281
  • Estimated Sq Ft: 802.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 1/10 to 3/10
  • Construction: Frame
  • Roof Material: Rubber
  • Exterior: Vinyl

Garage/Parking

  • Parking Feature: Off-Street, Paved Driveway
  • Parking Spaces: 1
  • Garage Parking: Assigned

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 110 Volts, Circuit Breakers
  • Sewage District: Lynn
  • Heating: Forced Air, Gas
  • Heat Zones: 1
  • Hot Water: Natural Gas, Tank
  • Utility Connections: for Gas Range, for Gas Dryer, Washer Hookup

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
  • HOA Fees: 202.00
  • Association Fee Includes: Hot Water, Water, Sewer, Master Insurance, Exterior Maintenance, Landscaping, Snow Removal
  • Condo Association: Yes
  • Association Security: Intercom
  • Management: Professional - Off Site

Lot Info

  • Assessments: 186400.00
  • Page: 484
  • Parcel Number: M:081 B:584 L:016 S:004
  • Zoning: R5

Green Features

  • Energy Features: Insulated Windows, Insulated Doors

Tax Info

  • Taxes: 2498.00
  • Assessor Parcel Number: 4284827

Multi Family

  • No Units: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 28, 2023
Sold by
Sachem Oceanview Rlty Llc
Bought by
Warsi Julani S
Total Days on Market
106
Current Estimated Value
$356,025

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
$1,192,926
Interest Rate
7.18%
Mortgage Type
Commercial
Estimated Equity
-$850,936

Purchase Details

Closed on
Dec 19, 2008
Sold by
Res Funding Re Holding
Bought by
Tejeda Yamil

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 5, 2008
Sold by
Dasilva-Freire Ezequiel and Homecomings Financial
Bought by
Res Funding Re Holding

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 23, 2007
Sold by
Warsi Jilani S
Bought by
Dasilva Freire Ezequiel
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
Warsi Julani S -- None Available
Warsi Julani S -- None Available
Tejeda Yamil $85,000 --
Tejeda Yamil $85,000 --
Res Funding Re Holding $119,000 --
Res Funding Re Holding $119,000 --
Dasilva Freire Ezequiel $230,000 --
Dasilva Freire Ezequiel $230,000 --
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 Toledo Katherine E $228,000
Previous Owner Warsi Jiliani S $20,000
Previous Owner Warsi Jiliani S $60,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2020 09/30/20 Sold $240,000 0.0% $299 / Sq Ft
08/20/2020 08/20/20 Pending -- -- --
07/25/2020 07/25/20 Price Changed $239,900 -4.0% $299 / Sq Ft
05/06/2020 05/06/20 For Sale $249,900 -- $312 / 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 $785 $75,800 $0 $75,800
2024 $751 $71,300 $0 $71,300
2023 $2,921 $262,000 $0 $262,000
2022 $2,829 $227,600 $0 $227,600
2021 $2,972 $228,100 $0 $228,100
2020 $2,498 $186,400 $0 $186,400
2019 $2,504 $175,100 $0 $175,100
2018 $2,347 $165,800 $0 $165,800
2017 $2,342 $150,100 $0 $150,100
2016 $2,320 $143,400 $0 $143,400
2015 $2,111 $126,000 $0 $126,000
Source: Public Records

Agents Affiliated with this Home

  • Rosa Feliz

    Seller's Agent in 2020

    Rosa Feliz

    Re-yes Real Estate

    (781) 953-1461

    3 in this area

    47 Total Sales

    Rosa Feliz
    Section Image

  • E

    Buyer's Agent in 2020

    Euclides Gonzalez

    Cameron Prestige, LLC

    (978) 210-2562

    1 in this area

    9 Total Sales

    Euclides Gonzalez
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72652417

MLS Property Information Network (MLS PIN)

APN: LYNN-000081-000584-000016-000004-000004

Massachusetts Essex County Lynn 01902 Diamond District

56 Sachem St Unit 4, Lynn, MA

This home is located at 56 Sachem St Unit 4, Lynn, MA 01902 since 06 May 2020 and is currently estimated at $356,025, approximately $443 per square foot. This property was built in 1905. 56 Sachem St Unit 4 is a home located in Essex County with nearby schools including E.J. Harrington 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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