NOT LISTED FOR SALE

8 Michigan Ave Unit 3 Lynn, MA 01902

East Lynn Neighborhood

Estimated Value: $198,000 - $301,000

1 Bed
1 Bath
550 Sq Ft
$438/Sq Ft Est. Value

Last Sold March 29, 2017

Last sale price $110,000 $200 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $1,520/month

About This Home

As of March 2017

Diamond District, Swampscott Line, close to the ocean and beach! commuters dream, 5 minute to bus and car ride to shopping and Whole Foods in Vinnin Sq 30 minute commute to the north station, close to Swampscott Commuter rail and Central Station, deeded parking for 1, Heat and hot water included, snow removal included, email owner directly, quiet building no smoking per condo rules, 1 cat allowed , no dogs

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2017
Closed on
Mar 29, 2017
Sold by
Rowan Julia
Bought by
Nellson James P
Seller's Agent
Sherry Venezia
Real Homes Realty
Buyer's Agent
Sherry Venezia
Real Homes Realty
Sold Price
$1,350
Current Estimated Value
$240,883

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,533
Avg. Annual Appreciation
9.99%
Original Mortgage
$88,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 5, 2005
Sold by
Solimine Rt
Bought by
Rowan Julia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,425
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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
Nellson James P $110,000 --
Rowan Julia $109,900 --
Rowan Julia $109,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Withers Robert J $154,000
Closed Withers Robert J $154,000
Closed Nellson James P $88,000
Previous Owner Rowan Julia $82,425
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2017 05/01/17 Rented $1,350 0.0% --
04/27/2017 04/27/17 Under Contract -- -- --
03/30/2017 03/30/17 For Rent $1,350 0.0% --
03/29/2017 03/29/17 Sold $110,000 -3.4% $229 / Sq Ft
02/11/2017 02/11/17 Pending -- -- --
01/13/2017 01/13/17 Price Changed $113,900 -2.6% $237 / Sq Ft
11/30/2016 11/30/16 Price Changed $116,900 -6.5% $244 / Sq Ft
11/29/2016 11/29/16 For Sale $125,000 0.0% $260 / Sq Ft
11/26/2016 11/26/16 Pending -- -- --
11/14/2016 11/14/16 For Sale $125,000 -- $260 / Sq Ft

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 $2,069 $199,700 $0 $199,700
2024 $1,980 $188,000 $0 $188,000
2023 $1,995 $178,900 $0 $178,900
2022 $1,999 $160,800 $0 $160,800
2021 $1,926 $147,800 $0 $147,800
2020 $1,684 $125,700 $0 $125,700
2019 $1,497 $104,700 $0 $104,700
2018 $1,632 $107,700 $0 $107,700
2017 $1,540 $98,700 $0 $98,700
2016 $1,134 $70,100 $0 $70,100
2015 $1,039 $62,000 $0 $62,000
Source: Public Records

Agents Affiliated with this Home

  • Sherry Venezia

    Seller's Agent in 2017

    Sherry Venezia

    Real Homes Realty

    (978) 884-6323

    55 Total Sales

    Sherry Venezia
    Section Image

  • M

    Seller's Agent in 2017

    Mindy Reichman

    Tache Real Estate, Inc.

    (978) 745-2004

    22 Total Sales

    Mindy Reichman
    Section Image
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Map

Massachusetts Essex County Lynn 01902 East Lynn

8 Michigan Ave Unit 3, Lynn, MA

Homes for Sale in Lynn, MA

This home is located at 8 Michigan Ave Unit 3, Lynn, MA 01902 and is currently estimated at $240,883, approximately $437 per square foot. 8 Michigan Ave Unit 3 is a home located in Essex County with nearby schools including Brickett Elementary School, William R. Fallon School, and Marshall Middle 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.

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