NOT LISTED FOR SALE

56 Sagamore St Unit 1 Lynn, MA 01902

Downtown Lynn Neighborhood

Estimated Value: $274,000 - $314,000

2 Beds
1 Bath
888 Sq Ft
4,792 Sq Ft Lot

Last Sold November 30, 2023

Last sale price $270,150 $304 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,865/month

3 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Jogging Path
  • Property is near public transit
  • Solid Surface Countertops
  • Park

About This Home

As of November 2023

Incredible opportunity for an owner occupier or investor in the Diamond District within .1 miles to the beach! 2 bed, 1 full bath with over 1000 sq ft boasts In Building Laundry, Deeded Parking, gas heat and hot water included in HOA, a spacious eat in kitchen with a gas stove, walnut and butcher block island, corian counters, birch solid wood cabinetry, and double sink. Bathroom and kitchen remodeled by previous owner. Windows remodeled in 2015, new outlets in 2018. Relax on your private deck! Commuter rail, shopping, restaurants and beach all within less than .3 miles. Currently rented for $1900.00 a month!! Owners will deliver vacant. Do not miss this rare opportunity!

Last Agent to Sell the Property

Kristen Karshis

Keller Williams Realty Listed on: 10/12/2023

Keller Williams Realty

Last Buyer's Agent

Steven Binder

Binder Residential

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,693

Year Built

  • Built in 1903

Lot Details

  • 4,792

Home Design

  • Frame Construction
  • Shingle Roof
  • Stone

Interior Spaces

  • 888 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Insulated Windows
  • Dining Area
  • Basement
  • Exterior Basement Entry

Kitchen

  • Stove
  • Kitchen Island
  • Solid Surface Countertops

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Parking Space
  • Off-Street Parking

Outdoor Features

  • Deck

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System
  • 110 Volts
  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number M:081 B:588 L:032 S:002,2002639

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include heat, water, sewer, insurance, maintenance structure
  • 5 Units

Amenities

  • Shops
  • Coin Laundry

Recreation

  • Park
  • Jogging Path
  • Bike Trail

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,693

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Other (See Remarks)
  • Year Built: 1903
  • Buyer Agency: 2
  • Entry Level: 1
  • Transaction Broker: 1
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Tile, Hardwood
  • Interior Amenities: Internet Available - Broadband
  • Fireplace YN: No
  • Appliances: Utility Connections for Gas Range
  • Total Bedrooms: 2
  • Room Bedroom2 Features: Closet, Flooring - Wall to Wall Carpet, Cable Hookup
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet, Cable Hookup
  • Bathroom 1 Features: Bathroom - Full, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
  • Room Dining Room Features: Ceiling Fan(s), Flooring - Hardwood
  • Room Kitchen Features: Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Kitchen Island, Gas Stove
  • Laundry Features: In Building
  • Room Living Room Features: Ceiling Fan(s), Flooring - Wall to Wall Carpet, Cable Hookup, Exterior Access
  • Basement: Y
  • Living Area: 888
  • Spa YN: No
  • Stories Total: 1
  • Window Features: Insulated Windows
  • MAIN LO: BB5522
  • LIST PRICE PER Sq Ft: 298.42
  • PRICE PER Sq Ft: 304.22
  • MAIN SO: AN3465
  • Insulation: Full

Exterior Features

  • Exterior Features: Deck - Wood
  • Construction Materials: Frame, Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Deck - Wood
  • Roof: Shingle
  • Waterfront Features: Beach Front, Ocean, 1/10 to 3/10 To Beach, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Cooling: None
  • Heating: Baseboard, Natural Gas
  • Cooling Y N: No
  • Electric: 110 Volts
  • Heating YN: Yes
  • Water Source: Public
  • SEWAGE DISTRICT: Lynn

Condo/Co-op/Association

  • Association Amenities: Hot Water
  • Association Fee: 298
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station
  • Senior Community YN: No
  • UNIT BUILDING: 1

Fee Information

  • Association Fee Includes: Heat, Water, Sewer, Insurance, Maintenance Structure

Lot Info

  • Parcel Number: M:081 B:588 L:032 S:002,2002639
  • Zoning: R5
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Sq Ft: 4703
  • Lot Size Units: Acres
  • PAGE: 465
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2693
  • Tax Book Number: 37432

Multi Family

  • Number Of Units Total: 5
  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2019
Closed on
Apr 9, 2019
Sold by
Carroll Bernadette A
Bought by
Jarir Samira
Seller's Agent
Laura Gunn
Toner Real Estate, LLC
Buyer's Agent
Maureen Mulrooney
RE/MAX Real Estate Center
List Price
$212,500
Sold Price
$210,800
Premium/Discount to List
-$1,700
-0.8%
Current Estimated Value
$297,110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,310
Avg. Annual Appreciation
5.64%
Original Mortgage
$168,600
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2007
Sold by
Bank Of New York and Litton Loan Servicing
Bought by
Carroll Bernadette A

Purchase Details

Closed on
Apr 5, 2007
Sold by
Tonkonogiy Mikhail and Jp Morgan Chase Bk
Bought by
Jp Morgan Chase Bk

Purchase Details

Closed on
May 12, 2003
Sold by
Menard Judith
Bought by
Tonkonogiy Mikhail

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,550
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 16, 2000
Sold by
Sbdg Sagamore St Rt and Knapp
Bought by
Espinal Kimberly A

Purchase Details

Closed on
Dec 31, 1999
Sold by
Pollini David J and Sands Gail A
Bought by
Sbdg Sagamore St Rt and Knapp
Source: Public Records

Range of Values:

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Average Value
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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
Jarir Samira $210,800 --
Jarir Samira $210,800 --
Carroll Bernadette A $45,000 --
Carroll Bernadette A $45,000 --
Jp Morgan Chase Bk $96,300 --
Jp Morgan Chase Bk $96,300 --
Tonkonogiy Mikhail $109,000 --
Tonkonogiy Mikhail $109,000 --
Espinal Kimberly A $92,400 --
Espinal Kimberly A $92,400 --
Sbdg Sagamore St Rt $40,000 --
Sbdg Sagamore St Rt $80,000 --
Sbdg Sagamore St Rt $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Madden Alexander $27,015
Open Madden Alexander $243,135
Closed Madden Alexander $243,135
Closed Jarir Samira $168,600
Previous Owner Sbdg Sagamore St Rt $103,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2023 11/30/23 Sold $270,150 +1.9% $304 / Sq Ft
10/16/2023 10/16/23 Pending -- -- --
10/12/2023 10/12/23 For Sale $265,000 +25.7% $298 / Sq Ft
04/10/2019 04/10/19 Sold $210,800 -0.8% $237 / Sq Ft
02/11/2019 02/11/19 Pending -- -- --
01/25/2019 01/25/19 For Sale $212,500 -- $239 / 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 $2,687 $259,400 $0 $259,400
2024 $2,763 $262,400 $0 $262,400
2023 $2,693 $241,500 $0 $241,500
2022 $2,613 $210,200 $0 $210,200
2021 $2,596 $199,200 $0 $199,200
2020 $1,683 $125,600 $0 $125,600
2019 $1,687 $118,000 $0 $118,000
2018 $1,607 $111,700 $0 $111,700
2017 $1,587 $101,700 $0 $101,700
2016 $1,506 $93,100 $0 $93,100
2015 $1,370 $81,800 $0 $81,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73169419

MLS Property Information Network (MLS PIN)

APN: LYNN-000081-000588-000032-000002-000002