NOT LISTED FOR SALE

589 Essex St Unit 308 Lynn, MA 01901

Central Lynn Neighborhood

Estimated Value: $417,000 - $492,000

2 Beds
2 Baths
1,156 Sq Ft
$393/Sq Ft Est. Value

About This Home

This home is located at 589 Essex St Unit 308, Lynn, MA 01901 and is currently estimated at $453,862, approximately $392 per square foot. 589 Essex St Unit 308 is a home located in Essex County with nearby schools including Cobbet Elementary School, William R. Fallon School, and Fecteau-Leary Junior/Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 13, 2005
Sold by
589 Essex Llc
Bought by
Mahajan Ritu
Current Estimated Value
$453,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,580
Outstanding Balance
$116,437
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$342,100
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Mahajan Ritu $299,400 --
Mahajan Ritu $299,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mahajan Ritu $209,580
Closed Mahajan Ritu $209,580
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 $4,425 $427,100 $0 $427,100
2024 $4,241 $402,800 $0 $402,800
2023 $4,224 $378,800 $0 $378,800
2022 $4,382 $352,500 $0 $352,500
2021 $4,332 $332,500 $0 $332,500
2020 $4,518 $337,200 $0 $337,200
2019 $4,214 $294,700 $0 $294,700
2018 $4,150 $273,900 $0 $273,900
2017 $4,034 $258,600 $0 $258,600
2016 $3,532 $218,300 $0 $218,300
2015 $3,243 $193,600 $0 $193,600
Source: Public Records

Map

Massachusetts Essex County Lynn 01901 Central Lynn

589 Essex St Unit 308, Lynn, MA

This home is located at 589 Essex St Unit 308, Lynn, MA 01901 and is currently estimated at $453,862, approximately $392 per square foot. 589 Essex St Unit 308 is a home located in Essex County with nearby schools including Cobbet Elementary School, William R. Fallon School, and Fecteau-Leary Junior/Senior High School.

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