NOT LISTED FOR SALE

8 Lafayette Park Unit 5 Lynn, MA 01902

Fayette Street Neighborhood

Estimated Value: $236,000 - $276,000

1 Bed
1 Bath
593 Sq Ft
$233/mo HOA Fee

Last Sold April 25, 2024

Last sale price $260,000 $438 Per Sq Ft

Current estimated payment $1,803/month

87 Days on Market

Highlights

  • 0.51 Acre Lot
  • Main Floor Primary Bedroom
  • Balcony
  • Wood Flooring
  • Upgraded Countertops
  • 2-minute walk to Goldfish Pond Park

About This Home

As of April 2024

BACK ON THE MARKET! Short Walk to the Beach! Well maintained and very spacious 1 bedroom apartment. Gleaming hardwood flooring through out the apartment. Big windows bringing in plenty of natural light. Open kitchen featuring an island and beautiful white cabinets. Balcony for outdoor space facing the back for a more private feeling. One off street parking space included and additional spots available for rent. Easy access to Boston by car or Lynn Commuter Rail. Just around the corner from restaurants, convenience stores and more for any of your needs. Great opportunity to stop renting and start owning! No FHA.

Last Agent to Sell the Property

Redington Group

Rise Signature Homes Listed on: 12/14/2023

Last Buyer's Agent

Nidia Peguero

Century 21 North East

Century 21 North East

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,377

Year Built

  • Built in 1986

Lot Details

  • 0.51

HOA Fees

  • $233 Monthly HOA Fees

Parking

  • 1 Car Parking Space

Home Design

  • Entry on the 2nd floor
  • Rubber Roof

Interior Spaces

  • 593 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Upgraded Countertops
  • Washer and Dryer Hookup
  • Basement

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom
  • Bathtub with Shower
  • Bathtub Includes Tile Surround

Outdoor Features

  • Balcony

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • 2 Heating Zones
  • Heating Available

Community Details

  • Association fees include water, sewer, insurance, security, snow removal
  • 12 Units
  • Mid-Rise Condominium

Listing and Financial Details

  • Assessor Parcel Number 2000140

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,377

Year Built

Built in 1986

Lot Details

0

HOA Fees

$233 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Mid-Rise
  • Year Built: 1986
  • Buyer Agency: 2
  • Entry Level: 2
  • Transaction Broker: 1
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Bathroom - Full, Closet, Flooring - Hardwood
  • Room Master Bedroom Level: First
  • Master Bathroom Features: Yes
  • Bathroom 1 Features: Bathroom - Full, Bathroom - Tiled With Tub, Bathroom - With Tub & Shower, Cabinets - Upgraded
  • Bathroom 1 Level: First
  • Room Kitchen Level: First
  • Room Kitchen Features: Closet, Pantry, Countertops - Upgraded, Cabinets - Upgraded, Dryer Hookup - Dual, Washer Hookup
  • Room Living Room Level: First
  • Room Living Room Features: Bathroom - Full, Closet, Flooring - Hardwood, Flooring - Wood, Balcony / Deck, Balcony - Exterior
  • Basement: Y
  • Living Area: 593
  • Spa YN: No
  • Stories Total: 1
  • MAIN LO: AN5633
  • LIST PRICE PER Sq Ft: 438.28
  • PRICE PER Sq Ft: 438.45
  • MAIN SO: AN4339

Exterior Features

  • Home Warranty YN: No
  • Roof: Rubber
  • Waterfront Features: Beach Front, Ocean, 1/10 to 3/10 To Beach
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s), Wall Unit(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 2

Condo/Co-op/Association

  • Association Fee: 233
  • Association Fee Frequency: Monthly
  • Senior Community YN: No
  • UNIT BUILDING: 5
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Security, Snow Removal

Lot Info

  • Parcel Number: 2000140
  • Zoning: BD
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.51
  • Lot Size Area: 0.51
  • Lot Size Sq Ft: 22241
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • PAGE: 2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1377
  • Tax Book Number: 37552

Multi Family

  • Number Of Units Total: 12
  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 17, 2019
Sold by
Oshea Shauna L
Bought by
Temin Valvel
Current Estimated Value
$259,387

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Outstanding Balance
$77,213
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$182,174

Purchase Details

Closed on
Nov 30, 2005
Sold by
Denton Lyn M
Bought by
Oshea Shauna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,100
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage
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
Temin Valvel $110,000 --
Oshea Shauna L $130,000 --
Oshea Shauna L $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Temin Valvel $88,000
Closed Temin Valvel $88,000
Previous Owner Oshea Shauna L $126,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/25/2024 04/25/24 Sold $260,000 0.0% $438 / Sq Ft
03/11/2024 03/11/24 Pending -- -- --
02/08/2024 02/08/24 For Sale $259,900 0.0% $438 / Sq Ft
01/12/2024 01/12/24 Pending -- -- --
12/14/2023 12/14/23 For Sale $259,900 -- $438 / 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 $2,266 $218,700 $0 $218,700
2024 $1,602 $152,100 $0 $152,100
2023 $1,377 $123,500 $0 $123,500
2022 $1,442 $116,000 $0 $116,000
2021 $1,901 $145,900 $0 $145,900
2020 $1,605 $119,800 $0 $119,800
2019 $1,120 $78,300 $0 $78,300
2018 $1,066 $72,700 $0 $72,700
2017 $1,056 $67,700 $0 $67,700
2016 $1,018 $62,900 $0 $62,900
2015 $883 $52,700 $0 $52,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73187453

MLS Property Information Network (MLS PIN)

APN: LYNN-000094-000519-000016-000011-000011