NOT LISTED FOR SALE

616 Lynn St Unit 1 Malden, MA 02148

Linden Neighborhood

Estimated Value: $747,771 - $1,022,000

2 Beds
1 Bath
1,000 Sq Ft
$903/Sq Ft Est. Value

Highlights

  • Property is near public transit
  • 1-Story Property
  • Heating System Uses Natural Gas
  • No HOA

About This Home

As of July 2023

Generous sized 2 bedroom apartment with newly renovated kitchen, bathroom and small dining space! Unit comes with 2 off street parking spaces and in-unit washer and dryer. Walk to Boston bus transit and quick access to highway! Don’t miss this opportunity to be in desirable Malden! Unit will be available for September 1st. Viewings are being booked now. Message for details. Small to medium dogs + cats are negotiable.

Last Agent to Rent the Property

Isaac Machado

Isaac M. Machado Listed on: 07/19/2023

Last Renter's Agent

Robert Cassano

Unity Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $72

Year Built

  • 1900

Lot Details

  • 5,000

Parking

  • 2 Car Parking Spaces

Home Design

  • Apartment
  • Entry on the 1st floor

Interior Spaces

  • 1,000 Sq Ft Home
  • 1-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Additional Features

  • 5,000 Sq Ft Lot
  • Property is near public transit

Listing and Financial Details

  • Security Deposit $2,300
  • Property Available on 9/1/23
  • Rent includes water, laundry facilities, parking
  • 12 Month Lease Term
  • Assessor Parcel Number 602997

Community Details

Overview

  • No Home Owners Association

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$72

Year Built

1900

Lot Details

0

Rental Info

  • Pets Allowed: Yes w/ Restrictions
  • Available Date: 2023-09-01
  • Lease Term: Term of Rental(12)
  • Available Now: No
  • Deposit Required: Yes
  • FIRST MON REQD: Yes
  • INSURANCE REQD: Yes
  • LAST MON REQD: No
  • REFERENCES REQD: Yes
  • SEC DEPOSIT: 2300

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Apartment
  • Entry Level: 1
  • CoOp Comp: 50%
  • ResoPropertyType: ResidentialLease
  • ResoBuildingAreaSource: Appraiser
  • Special Features: None
  • Year Built (Public Record): 1900

Interior Features

  • Interior Amenities: Single Living Level
  • Fireplace YN: No
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Laundry Features: In Unit
  • Living Area: 1000
  • Spa YN: No
  • MAIN LO: AN3045
  • MAIN SO: AN3057

Exterior Features

  • Home Warranty YN: No
  • Waterfront YN: No

Garage/Parking

  • Total Parking Spaces: 2

Utilities

  • Heating: Natural Gas
  • Cooling Y N: No
  • Heating YN: Yes

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Highway Access
  • Rent Includes: Water, Laundry Facilities, Parking
  • Senior Community YN: No

Lot Info

  • Parcel Number: 602997
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 5000
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 18, 2020
Sold by
616 Lynn St Llc
Bought by
Machado Matthew J
Current Estimated Value
$903,443

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$512,400
Outstanding Balance
$452,651
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$450,792

Purchase Details

Closed on
Oct 30, 2019
Sold by
Coveney Ft
Bought by
616 Lynn St Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 9, 2016
Sold by
Coveney Helene and Coveney David J
Bought by
Coveney Ft and Coveney

Purchase Details

Closed on
Aug 7, 2015
Sold by
Coveney Helene
Bought by
Coveney Helene and Coveney David J

Purchase Details

Closed on
Mar 1, 1982
Bought by
Coveney Helene and Coveney David J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Machado Matthew J -- None Available
616 Lynn St Llc $425,000 --
Coveney Ft -- --
Coveney Helene -- --
Coveney Helene -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Machado Matthew J $512,400
Previous Owner 616 Lynn St Llc $424,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2023 07/26/23 Rented $2,350 +2.2% --
07/23/2023 07/23/23 Under Contract -- -- --
07/19/2023 07/19/23 For Rent $2,300 -- --
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 $72 $639,500 $261,700 $377,800
2024 $7,037 $602,000 $246,400 $355,600
2023 $6,792 $557,200 $223,300 $333,900
2022 $6,510 $527,100 $204,000 $323,100
2021 $6,337 $515,600 $192,500 $323,100
2020 $5,410 $427,700 $194,000 $233,700
2019 $5,406 $407,400 $184,800 $222,600
2018 $5,153 $365,700 $155,900 $209,800
2017 $4,901 $345,900 $146,300 $199,600
2016 $5,006 $330,200 $138,600 $191,600
2015 $4,708 $299,300 $122,800 $176,500
2014 $4,419 $274,500 $111,600 $162,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73138404

MLS Property Information Network (MLS PIN)

APN: MALD-000174-000521-000131