NOT LISTED FOR SALE

589 Essex St Unit 409 Lynn, MA 01901

Central Lynn Neighborhood

Estimated Value: $480,000 - $524,000

2 Beds
1 Bath
1,270 Sq Ft
0.58 Acres

Last Sold October 30, 2020

Last sale price $405,000 $319 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,140/month

9 Days on Market

Highlights

  • Wood Flooring
  • French Doors
  • Forced Air Heating and Cooling System

About This Home

As of October 2020

Unique Penthouse Corner Condo! Loft Living at it's Finest! Upon entering this open concept gallery space, coat closet, oak hardwood floors, 6 ft high windows, timber framed structure, Step into the kitchen/dining area w/ stainless steel appliances, granite countertops,& above-cabinet storage space. Interior exposed brick bearing walls, & gas fireplace. Master Bedroom w/Walk-in closet & above shelving storage accessible w/library ladder. Bathroom w/ Large Window is a plus! Loft has roof rights for climate controlled space/deck,& supports growing indoor plants. Gorgeous window views & roof has views of the ocean, coast, Lynn Woods & Gannon Golf Course. Usual cool breezes from ocean keep the loft comfortable. New Central heating, water tank & central air system! Elevator & Handicap Assessable Building. Close proximity to beaches & highways,makes commuting from your heated garage to Boston or other parts of the North Shore a breeze!

Last Agent to Sell the Property

kiky papadopoulos

Coldwell Banker Realty - Westwood Listed on: 09/02/2020

Coldwell Banker Realty - Westwood

Last Buyer's Agent

Richard Rosa

Buyers Brokers Only, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,736

Year Built

  • Built in 1823

Lot Details

  • 0.58

Parking

  • 1 Car Garage

Interior Spaces

  • French Doors

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Compactor
  • Disposal

Flooring

  • Wood
  • Tile

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Individual Controls for Heating
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number M:069 B:642 L:013 S:031

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,736

Year Built

Built in 1823

Lot Details

0

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: High-Rise
  • Other Agent: 1.00
  • Handicap Access: Yes
  • Year Built Description: Actual
  • List Price Per Sq Ft: 322.76
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1823
  • Lead Paint: Unknown
  • Unit Building: 409
  • Unit Level: 4
  • Unit Placement: Top/Penthouse, Corner
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1823

Interior Features

  • Fireplaces: 1
  • Flooring: Wood, Tile
  • Interior Amenities: French Doors
  • Appliances: Range, Dishwasher, Disposal, Compactor, Microwave, Refrigerator, Washer, Dryer
  • No Bedrooms: 2
  • Master Bedroom: On Level: Fourth Floor, Ceiling - Beamed, Closet - Walk-in, Flooring - Hardwood
  • Bedroom 2: On Level: Fourth Floor, Ceiling - Beamed, Closet, Flooring - Hardwood
  • Full Bathrooms: 1
  • No Rooms: 4
  • Dining Room: On Level: Fourth Floor, Ceiling - Beamed, Closet, Flooring - Hardwood, Open Floor Plan
  • Kitchen: On Level: Fourth Floor, Flooring - Hardwood, Open Floor Plan, Stainless Steel Appliances
  • Laundry: On Level: Fourth Floor, Dryer Hookup - Gas, Washer Hookup
  • Laundry Features: In Unit
  • Living Room: On Level: Fourth Floor, Fireplace, Ceiling - Beamed, Closet, Flooring - Hardwood, Open Floor Plan
  • Other Room 1: Name: Other, On Level: Fourth Floor, Closet
  • No Living Levels: 1
  • Main Lo: AN6181
  • Main So: NB2726
  • Estimated Sq Ft: 1270.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 1/2 to 1 Mile
  • Construction: Brick
  • Exterior: Brick
  • Exterior Unit Features: Deck - Roof + Access Rights

Garage/Parking

  • Parking Feature: Off-Street
  • Garage Parking: Heated, Storage, Deeded
  • Garage Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Cooling: Central Air, Individual, Unit Control
  • Cooling Zones: 1
  • Heating: Forced Air, Gas, Unit Control
  • Heat Zones: 1
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Gas Oven, for Gas Dryer

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf Course, Medical Facility, Bike Path, Highway Access, House of Worship, Private School, T-Station
  • HOA Fees: 316.00
  • Association Fee Includes: Water, Sewer, Master Insurance, Security, Elevator, Exterior Maintenance, Road Maintenance, Landscaping, Snow Removal, Refuse Removal, Reserve Funds
  • Condo Association: Yes
  • Association Security: Fenced, TV Monitor

Association/Amenities

  • Condominium Name: Sloan Machinery Lofts

Lot Info

  • Assessments: 353300.00
  • Acre: 0.58
  • Lot Size: 25425.00
  • Page: 284
  • Parcel Number: M:069 B:642 L:013 S:031
  • Zoning: BD

Tax Info

  • Taxes: 4734.00
  • Assessor Parcel Number: 4578472
  • Tax Year: 2020

Multi Family

  • No Units: 32
  • No Units Owner Occ: 26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2020
Closed on
Oct 5, 2020
Sold by
Vouriotis Harriet S
Bought by
Steffenhagen Ryan
Seller's Agent
kiky papadopoulos
Coldwell Banker Realty - Westwood
Buyer's Agent
Richard Rosa
Buyers Brokers Only, LLC
List Price
$409,900
Sold Price
$405,000
Premium/Discount to List
-$4,900
-1.2%
Current Estimated Value
$503,865

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,865
Avg. Annual Appreciation
4.88%
Original Mortgage
$370,819
Outstanding Balance
$330,728
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$179,112

Purchase Details

Closed on
Sep 9, 2005
Sold by
589 Essex Llc
Bought by
Vouriotis Harriet S
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
Steffenhagen Ryan $405,000 None Available
Steffenhagen Ryan $405,000 None Available
Vouriotis Harriet S $336,225 --
Vouriotis Harriet S $336,225 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Steffenhagen Ryan $370,819
Closed Steffenhagen Ryan $370,819
Previous Owner Vouriotis Harriet S $115,675
Previous Owner Vouriotis Harriet S $110,000
Previous Owner Vouriotis Harriet S $30,000
Previous Owner Vouriotis Harriet S $16,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2020 10/30/20 Sold $405,000 -1.2% $319 / Sq Ft
09/11/2020 09/11/20 Pending -- -- --
09/02/2020 09/02/20 For Sale $409,900 -- $323 / 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 $4,736 $457,100 $0 $457,100
2024 $4,534 $430,600 $0 $430,600
2023 $4,511 $404,600 $0 $404,600
2022 $4,687 $377,100 $0 $377,100
2021 $4,542 $348,600 $0 $348,600
2020 $4,734 $353,300 $0 $353,300
2019 $4,419 $309,000 $0 $309,000
2018 $4,345 $286,800 $0 $286,800
2017 $4,206 $269,600 $0 $269,600
2016 $3,663 $226,400 $0 $226,400
2015 $3,358 $200,500 $0 $200,500
Source: Public Records

Agents Affiliated with this Home

  • kiky papadopoulos

    Seller's Agent in 2020

    kiky papadopoulos

    Coldwell Banker Realty - Westwood

    (508) 369-7020

    1 in this area

    25 Total Sales

    kiky papadopoulos
    Section Image
  • Richard Rosa

    Buyer's Agent in 2020

    Richard Rosa

    Buyers Brokers Only, LLC

    (978) 835-5906

    1 in this area

    73 Total Sales

    Richard Rosa
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72719179

MLS Property Information Network (MLS PIN)

APN: LYNN-000069-000642-000013-000031-000031

Massachusetts Essex County Lynn 01901 Central Lynn

589 Essex St Unit 409, Lynn, MA

This home is located at 589 Essex St Unit 409, Lynn, MA 01901 since 02 September 2020 and is currently estimated at $503,865, approximately $396 per square foot. This property was built in 1823. 589 Essex St Unit 409 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) 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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