NOT LISTED FOR SALE

589 Essex St Unit 410 Lynn, MA 01901

Central Lynn Neighborhood

Estimated Value: $476,000 - $532,000

2 Beds
1 Bath
1,254 Sq Ft
$403/Sq Ft Est. Value

Last Sold July 12, 2022

Last sale price $456,000 $364 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,159/month

5 Days on Market

Highlights

  • Marina
  • No Units Above
  • Property is near public transit
  • Medical Services
  • Deck
  • Post and Beam

About This Home

As of July 2022

Stunning corner penthouse unit w/soaring 12' plank + beamed ceilings, oversized windows, DEEDED ROOF RIGHTS, in the desirable Sloan Machinery Building. This carefully designed, spacious+light filled 2 bedroom industrial loft boasts a large living room w/attractive floor to ceiling open shelving on brick wall backdrop, a gorgeous gas fireplace, views of city spires through the large windows. This home has been extremely well maintained; no detail spared in the eat in kitchen, w/ample storage, upgraded appliances: Fisher Paykal refrigerator, Bosch dishwasher, KitchenAide range, exterior vented range hood. New high efficiency water heater (provides heat + hot water) +new garbage disposal recently installed. Ultra lift spiral balances for all window shades provide sleek style, easy control. Heated garage parking w/extra storage, In-unit laundry. Pets ok! Elevator building, main door video access. Well managed building/HOA w/healthy financials, high owner occupancy. A gem! Don't miss it!

Last Agent to Sell the Property

Liz Carlson

Coldwell Banker Realty - Marblehead Listed on: 06/07/2022

Coldwell Banker Realty - Marblehead

Last Buyer's Agent

Vasia Kalaras

J. Barrett & Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,642

Year Built

  • Built in 1823

Lot Details

  • End Unit
  • Corner Lot
  • Property is zoned BD

Parking

  • 1 Car Attached Garage
  • Tuck Under Parking
  • Parking Storage or Cabinetry
  • Heated Garage
  • Off-Street Parking
  • Deeded Parking

Home Design

  • Post and Beam
  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • 1,254 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Insulated Windows

Kitchen

  • Range Hood
  • ENERGY STAR Qualified Refrigerator
  • ENERGY STAR Qualified Dishwasher
  • ENERGY STAR Range
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • ENERGY STAR Qualified Dryer
  • Dryer
  • ENERGY STAR Qualified Washer

Home Security

  • Intercom
  • Door Monitored By TV

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Forced Air Heating and Cooling System
  • 1 Cooling Zone
  • 1 Heating Zone
  • Heating System Uses Natural Gas
  • Heat Pump System
  • 200+ Amp Service
  • Natural Gas Connected
  • Gas Water Heater

Additional Features

  • Energy-Efficient Thermostat
  • Deck

Listing and Financial Details

  • Assessor Parcel Number 4564284

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include insurance, maintenance structure, reserve funds
  • Mid-Rise Condominium
  • Sloan Machinery Building Community

Amenities

  • Medical Services
  • Shops
  • Coin Laundry
  • Elevator

Recreation

  • Marina
  • Park
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,642

Year Built

Built in 1823

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Detached, Mid-Rise, Loft
  • Year Built: 1823
  • Buyer Agency: 2.5
  • Buyer Agency Type: %
  • Entry Level: 4
  • Transaction Broker: 1
  • Transaction Broker Type: %
  • Year Built Details: Renovated Since
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Tile, Hardwood
  • Entry Location: Unit Placement(Upper)
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Disposal,Washer,Dryer,ENERGY STAR Qualified Refrigerator,ENERGY STAR Qualified Dryer,ENERGY STAR Qualified Dishwasher,ENERGY STAR Qualified Washer,Range Hood,Range - ENERGY STAR, Gas Water Heater,Tank Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Dryer
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Laundry Features: In Unit
  • Living Area: 1254
  • Other Equipment: Intercom
  • Stories Total: 1
  • Window Features: Insulated Windows
  • MAIN LO: AN6181
  • LIST PRICE PER Sq Ft: 350.88
  • PRICE PER Sq Ft: 363.64
  • MAIN SO: AC0959

Exterior Features

  • Common Walls: No One Above, End Unit, Corner
  • Construction Materials: Brick, Post & Beam
  • Patio And Porch Features: Deck - Roof + Access Rights
  • Roof: Rubber
  • Waterfront Features: Beach Front, Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage YN: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Parking Features: Under, Heated Garage, Storage, Deeded, Off Street

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Dryer
  • Cooling: Central Air
  • Heating: Forced Air, Heat Pump, Natural Gas
  • Cooling Y N: Yes
  • Electric: 200+ Amp Service
  • Heating YN: Yes
  • Security Features: Intercom, TV Monitor
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association Amenities: Elevator(s)
  • Association Fee: 340
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Bike Path, House of Worship, Marina, Public School, T-Station
  • UNIT BUILDING: 410

Fee Information

  • Association Fee Includes: Insurance, Maintenance Structure, Reserve Funds

Lot Info

  • Parcel Number: 4564284
  • Zoning: BD
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • PAGE: 362

Green Features

  • Green Energy Efficient: Thermostat

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4642
  • Tax Book Number: 24813

Multi Family

  • Number Of Units Total: 32
  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2022
Closed on
Jun 29, 2022
Sold by
Flor Rolf D and Wooten Son H
Bought by
Harrington Francis
Seller's Agent
Liz Carlson
Coldwell Banker Realty - Marblehead
Buyer's Agent
Vasia Kalaras
J. Barrett & Company
List Price
$440,000
Sold Price
$456,000
Premium/Discount to List
$16,000
3.64%
Current Estimated Value
$505,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,747
Avg. Annual Appreciation
2.76%
Original Mortgage
$200,000
Outstanding Balance
$188,630
Interest Rate
5.54%
Mortgage Type
Credit Line Revolving
Estimated Equity
$307,864

Purchase Details

Closed on
Sep 9, 2005
Sold by
589 Essex Llc
Bought by
Wooten Son H and Flor Rolf D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,130
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Harrington Francis $456,000 None Available
Harrington Francis $456,000 None Available
Wooten Son H $311,295 --
Wooten Son H $311,295 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harrington Francis $200,000
Previous Owner Flor Rolf D $207,000
Previous Owner Wooten Son H $221,000
Previous Owner Wooten Son H $31,130
Previous Owner Wooten Son H $249,036
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2022 07/12/22 Sold $456,000 +3.6% $364 / Sq Ft
06/13/2022 06/13/22 Pending -- -- --
06/07/2022 06/07/22 For Sale $440,000 -- $351 / 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 $4,908 $473,700 $0 $473,700
2024 $4,550 $432,100 $0 $432,100
2023 $4,479 $401,700 $0 $401,700
2022 $4,635 $372,900 $0 $372,900
2021 $4,580 $351,500 $0 $351,500
2020 $4,770 $356,000 $0 $356,000
2019 $4,454 $311,500 $0 $311,500
2018 $4,371 $288,900 $0 $288,900
2017 $4,229 $271,100 $0 $271,100
2016 $3,676 $227,200 $0 $227,200
2015 $3,368 $201,100 $0 $201,100
Source: Public Records

Agents Affiliated with this Home

  • Liz Carlson

    Seller's Agent in 2022

    Liz Carlson

    Coldwell Banker Realty - Marblehead

    (781) 476-0780

    1 in this area

    29 Total Sales

    Liz Carlson
    Section Image
  • Vasia Kalaras

    Buyer's Agent in 2022

    Vasia Kalaras

    J. Barrett & Company

    (978) 239-5296

    1 in this area

    25 Total Sales

    Vasia Kalaras
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72993783

MLS Property Information Network (MLS PIN)

APN: LYNN-000069-000642-000013-000032-000032

Massachusetts Essex County Lynn 01901 Central Lynn

589 Essex St Unit 410, Lynn, MA

This home is located at 589 Essex St Unit 410, Lynn, MA 01901 since 07 June 2022 and is currently estimated at $505,747, approximately $403 per square foot. This property was built in 1823. 589 Essex St Unit 410 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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