8 Michigan Ave Unit 2 Lynn, MA 01902
East Lynn NeighborhoodEstimated Value: $209,000 - $299,000
1
Bed
1
Bath
600
Sq Ft
$335/mo
HOA Fee
Highlights
- Waterfront
- Wood Flooring
- Jogging Path
- Property is near public transit
- Main Floor Primary Bedroom
- 2-minute walk to Kings Beach
About This Home
As of July 2022Great investment opportunity! One block from the ocean beach. Full size one bedroom unit with hardwood floors throughout, all new kitchen appliances, one car off street deeded parking space, large storage bin in the basement. Condo fee include heat and hot water!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,240
Year Built
- Built in 1890
Lot Details
- Waterfront
HOA Fees
- $335 Monthly HOA Fees
Home Design
- Garden Home
- Frame Construction
- Rubber Roof
Interior Spaces
- 600 Sq Ft Home
- 1-Story Property
- Insulated Windows
- Insulated Doors
- Dining Area
Kitchen
- Range
- Dishwasher
- Stainless Steel Appliances
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 1 Primary Bedroom on Main
- 1 Full Bathroom
Basement
- Exterior Basement Entry
- Laundry in Basement
Parking
- 1 Car Parking Space
- Paved Parking
- Open Parking
- Off-Street Parking
- Deeded Parking
Location
- Property is near public transit
- Property is near schools
Utilities
- Window Unit Cooling System
- 1 Heating Zone
- Heating System Uses Natural Gas
- Baseboard Heating
- Hot Water Heating System
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number M:103 B:546 L:024 S:002,4496203
Community Details
Overview
- Association fees include heat, water, sewer, insurance, maintenance structure, road maintenance, ground maintenance, snow removal, trash
- 6 Units
- Low-Rise Condominium
- 8 Michigan Avenue Condominium Community
Amenities
- Shops
- Laundry Facilities
- Community Storage Space
Recreation
- Jogging Path
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 29, 2022
Closed on
Jul 22, 2022
Sold by
Galatsky Vadim I
Bought by
Ware Lane Rt
Seller's Agent
Michael Romanovsky
MGR Global Realty, Inc.
Buyer's Agent
Michael Romanovsky
MGR Global Realty, Inc.
List Price
$209,900
Sold Price
$210,000
Premium/Discount to List
$100
0.05%
Total Days on Market
5
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,502
Avg. Annual Appreciation
7.68%
Purchase Details
Closed on
Mar 31, 2015
Sold by
Galatsky Vadim I
Bought by
Galatsky Vadim I
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,910
Interest Rate
3.68%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 2, 2007
Sold by
Shilman Ekaterina
Bought by
Shilman Vadim
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,000
Interest Rate
6.65%
Purchase Details
Closed on
Nov 30, 2004
Sold by
Solimine Rt and Solimine David J
Bought by
Shilman Ekaterina
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
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Similar Homes in Lynn, MA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ware Lane Rt | $210,000 | None Available | |
| Ware Lane Rt | $210,000 | None Available | |
| Galatsky Vadim I | -- | -- | |
| Galatsky Vadim I | -- | -- | |
| Shilman Vadim | -- | -- | |
| Shilman Vadim | -- | -- | |
| Shilman Ekaterina | $115,000 | -- | |
| Shilman Ekaterina | $115,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Galatsky Vadim I | $85,910 | |
| Previous Owner | Shilman Ekaterina | $93,000 | |
| Previous Owner | Shilman Ekaterina | $92,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/28/2022 07/28/22 | Off Market | $209,900 | -- | -- |
| 07/27/2022 07/27/22 | Sold | $210,000 | 0.0% | $350 / Sq Ft |
| 07/05/2022 07/05/22 | Pending | -- | -- | -- |
| 06/29/2022 06/29/22 | For Sale | $209,900 | 0.0% | $350 / Sq Ft |
| 10/01/2019 10/01/19 | Rented | $1,450 | 0.0% | -- |
| 09/29/2019 09/29/19 | Under Contract | -- | -- | -- |
| 09/26/2019 09/26/19 | For Rent | $1,450 | -- | -- |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $2,326 | $224,500 | $0 | $224,500 |
| 2024 | $2,224 | $211,200 | $0 | $211,200 |
| 2023 | $2,238 | $200,700 | $0 | $200,700 |
| 2022 | $2,240 | $180,200 | $0 | $180,200 |
| 2021 | $2,156 | $165,500 | $0 | $165,500 |
| 2020 | $1,883 | $140,500 | $0 | $140,500 |
| 2019 | $1,676 | $117,200 | $0 | $117,200 |
| 2018 | $1,832 | $120,400 | $0 | $120,400 |
| 2017 | $1,716 | $110,000 | $0 | $110,000 |
| 2016 | $1,262 | $78,000 | $0 | $78,000 |
| 2015 | $1,152 | $68,800 | $0 | $68,800 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Romanovsky
Seller's Agent in 2022
Michael Romanovsky
MGR Global Realty, Inc.
(781) 632-7430
1 in this area
52 Total Sales
-
Buyer's Agent in 2019
Seth Badger
Nest Forward
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73005318
APN: LYNN-000103-000546-000024-000002-000002
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.
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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