Seller's Agent in 2022
Stone Prum
Corcoran Property Advisors
(339) 532-9329
2 in this area
51 Total Sales
589 Essex St Unit 408 Lynn, MA 01901
Central Lynn NeighborhoodEstimated Value: $451,000 - $519,000
2
Beds
2
Baths
1,156
Sq Ft
$423/Sq Ft
Est. Value
Highlights
- Marina
- Medical Services
- 0.58 Acre Lot
- Golf Course Community
- No Units Above
- Property is near public transit
About This Home
As of August 2022OVERSIZED HEATED GARAGE PARKING! Is it the corner spot closest to the elevator? YES! This stunning penthouse unit offers 12 ft. beamed ceilings, charming exposed brick, oversized 6 ft. high windows, and warm oak hardwood floors. This true 2 bd, 2 bth unit has been well cared for and gently used under one ownership during it's time. Additional amenities include an en-suite bath, walk-in closet, in-unit laundry, central air, and granite countertops. With the convenience of a heated garage parking space, take a zip and enjoy the nearby beaches, or hop on the T for a quick commute to Boston. This unit is the blank canvas that checks all of your boxes. The Sloan Machinery Building is much sought after, being a well managed, pet-friendly, elevator building. Come see for yourself why it's truly one of a kind.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,588
Year Built
- Built in 1823
Lot Details
- 0.58 Acre Lot
- Near Conservation Area
- Two or More Common Walls
- Property is zoned BD
HOA Fees
- $321 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Tuck Under Parking
- Heated Garage
- Garage Door Opener
- Deeded Parking
- Assigned Parking
Home Design
- Post and Beam
- Rubber Roof
Interior Spaces
- 1,156 Sq Ft Home
- 4-Story Property
- Insulated Windows
- Intercom
Kitchen
- Microwave
- ENERGY STAR Qualified Refrigerator
- ENERGY STAR Qualified Dishwasher
- ENERGY STAR Range
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary bedroom located on fourth floor
- 2 Full Bathrooms
Laundry
- Laundry on upper level
- Dryer
- Washer
Eco-Friendly Details
- Energy-Efficient Thermostat
Location
- Property is near public transit
- Property is near schools
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Natural Gas Connected
- Gas Water Heater
- Internet Available
Listing and Financial Details
- Assessor Parcel Number M:069 B:642 L:013 S:030,4562789
Community Details
Overview
- Association fees include water, sewer, insurance, maintenance structure, ground maintenance, snow removal, trash, reserve funds
- Mid-Rise Condominium
- Sloan Machinery Building Community
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Marina
- Golf Course Community
- Tennis Courts
- Park
- Jogging Path
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 22, 2022
Closed on
Aug 29, 2022
Sold by
Smiddy Monica and Gosselin Gary J
Bought by
Devine Patrick J and Odle Kristen
Seller's Agent
Stone Prum
Corcoran Property Advisors
Buyer's Agent
Debbie Aminzadeh
J. Barrett & Company
List Price
$440,000
Sold Price
$438,000
Premium/Discount to List
-$2,000
-0.45%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,891
Avg. Annual Appreciation
2.55%
Original Mortgage
$350,400
Outstanding Balance
$337,678
Interest Rate
5.51%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$134,699
Purchase Details
Closed on
Sep 22, 2011
Sold by
Smiddy Monica
Bought by
Smiddy Monica and Gosselin Gary J
Purchase Details
Closed on
Sep 7, 2005
Sold by
589 Essex Llc
Bought by
Smiddy Monica
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,400
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 |
|---|---|---|---|
| Devine Patrick J | $438,000 | None Available | |
| Devine Patrick J | $438,000 | None Available | |
| Smiddy Monica | -- | -- | |
| Smiddy Monica | -- | -- | |
| Smiddy Monica | $305,500 | -- | |
| Smiddy Monica | $305,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Devine Patrick J | $350,400 | |
| Closed | Devine Patrick J | $350,400 | |
| Previous Owner | Smiddy Monica | $244,400 | |
| Previous Owner | Smiddy Monica | $30,550 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/29/2022 08/29/22 | Sold | $438,000 | +3.1% | $379 / Sq Ft |
| 07/28/2022 07/28/22 | Pending | -- | -- | -- |
| 07/21/2022 07/21/22 | Price Changed | $425,000 | -3.4% | $368 / Sq Ft |
| 07/07/2022 07/07/22 | Price Changed | $440,000 | 0.0% | $381 / Sq Ft |
| 07/07/2022 07/07/22 | For Sale | $440,000 | +2.3% | $381 / Sq Ft |
| 06/26/2022 06/26/22 | Pending | -- | -- | -- |
| 06/22/2022 06/22/22 | For Sale | $429,900 | -- | $372 / Sq Ft |
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 | $4,640 | $447,900 | $0 | $447,900 |
| 2024 | $4,447 | $422,300 | $0 | $422,300 |
| 2023 | $4,427 | $397,000 | $0 | $397,000 |
| 2022 | $4,588 | $369,100 | $0 | $369,100 |
| 2021 | $4,536 | $348,100 | $0 | $348,100 |
| 2020 | $4,729 | $352,900 | $0 | $352,900 |
| 2019 | $4,413 | $308,600 | $0 | $308,600 |
| 2018 | $4,357 | $286,600 | $0 | $286,600 |
| 2017 | $4,220 | $270,500 | $0 | $270,500 |
| 2016 | $3,686 | $227,800 | $0 | $227,800 |
| 2015 | $3,382 | $201,900 | $0 | $201,900 |
Source: Public Records
Agents Affiliated with this Home
-
Stone Prum
-
Debbie Aminzadeh
Buyer's Agent in 2022
Debbie Aminzadeh
J. Barrett & Company
(978) 922-3683
1 in this area
42 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73001641
APN: LYNN-000069-000642-000013-000030-000030
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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