S
Landlord's Agent in 2024
Soraya Cacici
Nest Forward
589 Essex St Unit 208 Lynn, MA 01901
Central Lynn NeighborhoodEstimated Value: $438,000 - $559,000
2
Beds
2
Baths
1,156
Sq Ft
0.58
Acres
Highlights
- Marina
- Medical Services
- Community Pool
- Golf Course Community
- Property is near public transit
- Tennis Courts
About This Home
As of September 2024Your North Shore lifestyle awaits at sought-after Sloan Machinery Lofts! Perks include garage parking, extra storage, walk-in closet, and in-unit laundry! This beautifully designed two bed/two bath brick-and-beam industrial loft condo offers a versatile open concept layout w/dramatic 12’ ceilings, warm oak floors, and oversized windows, creating an airy, light-filled space. Fully applianced kitchen. Professionally managed elevator building. Experience the neighborhood's diverse businesses, eateries, museums, art galleries, murals, and farmer's market. Downtown Lynn's Commuter Rail offers a quick 20 minute train ride to Boston! Walkable to the ocean and beaches along the gorgeous stretch of Lynn Shore/Nahant Beach Coastal Reservation. Don't miss The Northern Strand Bike Trail, majestic Lynn Woods, and Gannon Golf Course. Easy access to Logan Airport and major highways. (No pets please.)
Last Agent to Rent the Property
Soraya Cacici
Nest Forward Listed on: 08/02/2024
Last Renter's Agent
Soraya Cacici
Nest Forward Listed on: 08/02/2024
Condo Details
Home Type
- Condominium
Est. Annual Taxes
- $4,133
Year Built
- 1823
Lot Details
- 0.58
Parking
- 1 Car Garage
Home Design
- 1,156 Sq Ft Home
- Entry on the 2nd floor
Kitchen
- Range
- Microwave
- Freezer
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry in unit
- Dryer
- Washer
Location
- Property is near public transit
- Property is near schools
Utilities
- Cooling Available
- Heating System Uses Natural Gas
Additional Features
- Level Entry For Accessibility
- Near Conservation Area
Listing and Financial Details
- Security Deposit $2,800
- Property Available on 9/1/24
- Rent includes water, sewer, occupancy only
- 12 Month Lease Term
- Assessor Parcel Number M:069 B:642 L:013 S:010,4578473
Community Details
Overview
- Property has a Home Owners Association
Amenities
- Medical Services
- Common Area
- Shops
- Coin Laundry
Recreation
- Marina
- Golf Course Community
- Tennis Courts
- Community Pool
- Park
- Jogging Path
- Bike Trail
Pet Policy
- Call for details about the types of pets allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 7, 2005
Sold by
589 Essex Llc
Bought by
Patel Hiten and Patel Jigisha
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,600
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Patel Hiten | $277,050 | -- | |
| Patel Hiten | $277,050 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Patel Hiten | $214,600 | |
| Closed | Patel Hiten | $221,600 | |
| Closed | Patel Hiten | $41,250 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/01/2024 09/01/24 | Rented | $2,800 | 0.0% | -- |
| 08/20/2024 08/20/24 | Under Contract | -- | -- | -- |
| 08/02/2024 08/02/24 | For Rent | $2,800 | +55.6% | -- |
| 06/27/2017 06/27/17 | Rented | $1,800 | 0.0% | -- |
| 06/13/2017 06/13/17 | For Rent | $1,800 | +12.5% | -- |
| 07/01/2013 07/01/13 | Rented | $1,600 | 0.0% | -- |
| 06/01/2013 06/01/13 | Under Contract | -- | -- | -- |
| 04/25/2013 04/25/13 | For Rent | $1,600 | -- | -- |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $4,133 | $398,900 | $0 | $398,900 |
| 2024 | $3,961 | $376,200 | $0 | $376,200 |
| 2023 | $3,945 | $353,800 | $0 | $353,800 |
| 2022 | $4,093 | $329,300 | $0 | $329,300 |
| 2021 | $4,048 | $310,700 | $0 | $310,700 |
| 2020 | $4,224 | $315,200 | $0 | $315,200 |
| 2019 | $3,938 | $275,400 | $0 | $275,400 |
| 2018 | $3,880 | $256,100 | $0 | $256,100 |
| 2017 | $3,766 | $241,400 | $0 | $241,400 |
| 2016 | $3,297 | $203,800 | $0 | $203,800 |
| 2015 | $3,028 | $180,800 | $0 | $180,800 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73273140
APN: LYNN-000069-000642-000013-000010-000010
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