NOT LISTED FOR SALE

653 Western Ave Unit 8 Lynn, MA 01905

Central Lynn Neighborhood

Estimated Value: $6,166,407

1 Bed
1 Bath
-- Sq Ft
0.43 Acres Lot

About This Home

This home is located at 653 Western Ave Unit 8, Lynn, MA 01905 and is currently estimated at $6,166,407. 653 Western Ave Unit 8 is a home located in Essex County with nearby schools including William R. Fallon School, Tracy Elementary School, and Fecteau-Leary Junior/Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 22, 2021
Sold by
Jask Western Llc
Bought by
Lynn Portfolio Western
Current Estimated Value
$6,166,407

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,124,000
Outstanding Balance
$3,770,449
Interest Rate
2.98%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,395,958

Purchase Details

Closed on
Mar 21, 2019
Sold by
Difronzo Louis J and Distefano Linda M
Bought by
Jask Western Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,037,500
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 12, 2019
Sold by
Stanley Bailey Llc
Bought by
Eberth Carl W and Eberth Franz J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,037,500
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 23, 2009
Sold by
Wes Blue Whale 653-661
Bought by
Avalon Realty Llc

Purchase Details

Closed on
Sep 21, 2006
Sold by
Avalon Realty Llc
Bought by
Blue Whale Western Ave

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,462,500
Interest Rate
6.59%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 4, 1988
Sold by
Fodera Joseph
Bought by
Columba Gaetano
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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
Lynn Portfolio Western $5,100,000 None Available
Lynn Portfolio Western $5,100,000 None Available
Jask Western Llc $4,050,000 --
Jask Western Llc $4,050,000 --
Eberth Carl W -- --
Eberth Carl W -- --
Eberth Carl W -- --
Avalon Realty Llc $1,100,000 --
Avalon Realty Llc $1,100,000 --
Blue Whale Western Ave -- --
Blue Whale Western Ave -- --
Columba Gaetano $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lynn Portfolio Western $4,124,000
Closed Lynn Portfolio Western $4,124,000
Previous Owner Jask Western Llc $3,037,500
Previous Owner Columba Gaetano $1,462,500
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 -- $5,648,700 $2,542,000 $3,106,700
2024 -- $5,638,700 $2,542,000 $3,096,700
2023 $0 $4,679,100 $2,123,500 $2,555,600
2022 $0 $3,705,400 $1,767,000 $1,938,400
2021 $0 $3,508,600 $1,612,000 $1,896,600
2020 $0 $3,296,100 $1,550,000 $1,746,100
2019 $0 $2,700,900 $1,413,600 $1,287,300
2018 $0 $2,281,600 $1,178,000 $1,103,600
2017 $0 $2,017,000 $1,023,000 $994,000
2016 -- $1,924,000 $930,000 $994,000
2015 -- $1,643,500 $775,000 $868,500
Source: Public Records

Map

Massachusetts Essex County Lynn 01905 Central Lynn

653 Western Ave Unit 8, Lynn, MA

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.

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