NOT LISTED FOR SALE

589 Essex St Unit 310 Lynn, MA 01901

Central Lynn Neighborhood

Estimated Value: $458,000 - $490,000

2 Beds
1 Bath
1,254 Sq Ft
0.58 Acres

Last Sold August 03, 2012

Last sale price $165,000 $132 Per Sq Ft

Est. 186% increase in value since last sale

Current estimated payment $2,882/month

123 Days on Market

About This Home

As of August 2012

Wow… Fantastic unit @ Sloan Machinery Lofts Condominiums. High ceilings , exposed brick & duct work, wood beams, hardwood floors and extra large windows with views of the city. So much natural sunlight! Elevator & in unit laundry. Seller's First Look for owner occupants and NSP buyers through March 27,2012. See attached required documents to submit with offer.

Last Agent to Sell the Property

Elizabeth Wood

Tache Real Estate, Inc. Listed on: 03/12/2012

Last Buyer's Agent

Stephen Hussey

SJ Hussey Real Estate License #449517676

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,457

Year Built

1823

Lot Details

0

Listing Details

  • Unit Level: 3
  • Special Features: 20
  • Property Sub Type: Condos
  • Year Built: 1823

Interior Features

  • Has Basement: No
  • Number of Rooms: 4
  • Amenities: Public Transportation, Shopping, Public School, T-Station
  • Electric: Circuit Breakers
  • Flooring: Wood
  • Bedroom 2: First Floor
  • Bathroom #1: First Floor
  • Kitchen: First Floor
  • Laundry Room: First Floor
  • Living Room: First Floor
  • Master Bedroom: First Floor

Exterior Features

  • Construction: Brick
  • Exterior: Brick

Garage/Parking

  • Garage Parking: Under
  • Garage Spaces: 1
  • Parking Spaces: 0

Utilities

  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range

Condo/Co-op/Association

  • Association Fee Includes: Water, Sewer, Master Insurance, Elevator, Exterior Maintenance
  • Management: Professional - Off Site
  • No Units: 32
  • Unit Building: 310

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2012
Closed on
Aug 3, 2012
Sold by
Fhlmc
Bought by
Maenpaa Scott
Seller's Agent
Elizabeth Wood
Tache Real Estate, Inc.
Buyer's Agent
Stephen Hussey
SJ Hussey Real Estate
List Price
$174,900
Sold Price
$165,000
Premium/Discount to List
-$9,900
-5.66%
Current Estimated Value
$471,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$306,293
Avg. Annual Appreciation
7.81%
Original Mortgage
$148,500
Outstanding Balance
$105,191
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$337,634

Purchase Details

Closed on
Mar 20, 2012
Sold by
Selvitella Louis
Bought by
Fhlmc

Purchase Details

Closed on
Sep 14, 2005
Sold by
589 Essex Llc
Bought by
Selvitella Louis
Source: Public Records

Range of Values:

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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Maenpaa Scott $168,500 --
Fhlmc $166,500 --
Fhlmc $166,500 --
Selvitella Louis $306,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Selvitella Louis $148,500
Closed Selvitella Louis $148,500
Previous Owner Selvitella Louis $316,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2012 08/03/12 Sold $165,000 +3.2% $132 / Sq Ft
07/13/2012 07/13/12 Pending -- -- --
07/02/2012 07/02/12 Price Changed $159,900 -8.6% $128 / Sq Ft
07/02/2012 07/02/12 For Sale $174,900 +6.0% $139 / Sq Ft
06/30/2012 06/30/12 Off Market $165,000 -- --
06/17/2012 06/17/12 For Sale $174,900 0.0% $139 / Sq Ft
04/17/2012 04/17/12 Pending -- -- --
03/12/2012 03/12/12 For Sale $174,900 -- $139 / 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 $4,457 $430,200 $0 $430,200
2024 $4,267 $405,200 $0 $405,200
2023 $4,245 $380,700 $0 $380,700
2022 $4,394 $353,500 $0 $353,500
2021 $4,342 $333,200 $0 $333,200
2020 $4,523 $337,500 $0 $337,500
2019 $4,223 $295,300 $0 $295,300
2018 $4,150 $273,900 $0 $273,900
2017 $4,025 $258,000 $0 $258,000
2016 $3,503 $216,500 $0 $216,500
2015 $3,211 $191,700 $0 $191,700
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71350334

MLS Property Information Network (MLS PIN)

APN: LYNN-000069-000642-000013-000022-000022