NOT LISTED FOR SALE

56 Sachem St Unit 6 Lynn, MA 01902

Diamond District Neighborhood

Estimated Value: $318,122 - $405,000

3 Beds
1 Bath
9,999 Sq Ft
$37/Sq Ft Est. Value

About This Home

This home is located at 56 Sachem St Unit 6, Lynn, MA 01902 and is currently estimated at $366,041, approximately $36 per square foot. 56 Sachem St Unit 6 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 27, 2023
Sold by
Solomin Alex and Solomin Julia
Bought by
56 Sachem St Realty Llc
Current Estimated Value
$366,041

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
$1,185,377
Interest Rate
7.18%
Mortgage Type
Commercial
Estimated Equity
-$819,336

Purchase Details

Closed on
Mar 1, 2002
Sold by
Sachem Oceanview Llc
Bought by
Solimin Alex and Solimin Julia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,900
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

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First American

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Quantarium

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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
56 Sachem St Realty Llc $375,000 None Available
Solimin Alex $139,900 --
Solimin Alex $139,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 56 Sachem St Realty Llc $1,210,000
Previous Owner Solimin Alex $111,900
Source: Public Records

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 $2,920 $261,900 $0 $261,900
2022 $2,829 $227,600 $0 $227,600
2021 $2,971 $228,000 $0 $228,000
2020 $2,496 $186,300 $0 $186,300
2019 $2,503 $175,000 $0 $175,000
2018 $2,510 $165,700 $0 $165,700
2017 $2,342 $150,100 $0 $150,100
2016 $2,319 $143,300 $0 $143,300
2015 $2,111 $126,000 $0 $126,000
Source: Public Records

Map

Massachusetts Essex County Lynn 01902 Diamond District

56 Sachem St Unit 6, Lynn, MA

Not Listed for Sale

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