$110,000
SOLD MAR 29, 2017

8 Michigan Ave Unit 3 Lynn, MA 01902

East Lynn Neighborhood
1 Bed
1 Bath
480 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$229 Per Sq Ft

12% Below List Price

89 Days on Market

About This Home

As of March 2017

Great 1 bed/1 bath with parking in the Diamond District just 2 blocks from the ocean. Convenient to the Swampscott commuter rail station and convenient to highways. Large storage space and common laundry in the basement.One pet allowed with association approval.

Last Agent to Sell the Property

Mindy Reichman

Coldwell Banker Realty - Marblehead Listed on: 11/14/2016

Coldwell Banker Realty - Marblehead

Last Buyer's Agent

Sherry Venezia

Real Homes Realty

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,069

Year Built

1890

Lot Details

0

Listing Details

  • Unit Level: 2
  • Unit Placement: Upper
  • Property Type: Condominium/Co-Op
  • Other Agent: 2.00
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1890

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator
  • Has Basement: Yes
  • Number of Rooms: 3
  • Amenities: Public Transportation, Shopping, Park, Highway Access
  • Electric: Circuit Breakers
  • Flooring: Wood
  • Interior Amenities: Cable Available
  • Bathroom #1: Second Floor
  • Kitchen: Second Floor
  • Laundry Room: Basement
  • Living Room: Second Floor
  • Master Bedroom: Second Floor
  • Master Bedroom Description: Flooring - Hardwood
  • No Living Levels: 1

Exterior Features

  • Beach Ownership: Public

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 1

Utilities

  • Heating: Hot Water Baseboard, Gas
  • Heat Zones: 1
  • Hot Water: Natural Gas
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Association Fee Includes: Heat, Hot Water, Water, Sewer, Master Insurance
  • Management: Professional - Off Site
  • No Units: 6
  • Unit Building: 3

Fee Information

  • Fee Interval: Monthly

Lot Info

  • Zoning: Condo

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
$255,027

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$253,677
Avg. Annual Appreciation
10.69%
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
Source: Public Records

Similar Homes in Lynn, MA

  • 285 Lynn Shore Dr Unit 205, Lynn, MA 01902

    $120,000

    • 1 Bed
    • 1 Bath
    • 421 Sq Ft
    • 285 Lynn Shore Dr
    • Unit 205
    • Lynn, MA

    SOLD AS IS AS SEEN; seller is not making updates/repairs. Attention INVESTORS; CONTRACTORS Transport back in time at the Breakers of Lynn Shore Drive with the grand entrance; wide stairs, marble floor, and large overhead chandelier. Building is across the street from the Ocean. Multiple options - flip it, rent it or live in it. Close to commuter rail, bus route on same road. Heat and Hot Water

    Danielle Lozzi M. Celata Real Estate

    Section Image
  • 285 Lynn Shore Dr Unit 208, Lynn, MA 01902

    $124,999

    • 1 Bed
    • 1 Bath
    • 376 Sq Ft
    • 285 Lynn Shore Dr
    • Unit 208
    • Lynn, MA

    Seller intend to sell ready to move in condo at $275,000 in couple months. Ocean front building. Motivated Seller- Investors/ contractors pay attention -Living in Ocean front building in Diamond District. Open to stud. Less than one mile to Commuter Rail; two stops, 20 minutes train ride to Boston. Enjoy Lynn and Swampscott walkability to popular restaurants, shops, pubs, cafes, brewery, farmer’s

    Apurva Patel Bostonville Realty

    Section Image
See All Homes in Lynn

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Not Resolvable $110,000 --
Deed $109,900 --
Deed $109,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $154,000 Purchase Money Mortgage
Closed $154,000 Purchase Money Mortgage
Closed $88,000 New Conventional
Previous Owner $82,425 Purchase Money Mortgage
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
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 $2,069 $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

    54 Total Sales

    Sherry Venezia
    Section Image

  • M

    Seller's Agent in 2017

    Mindy Reichman

    Coldwell Banker Realty - Marblehead

    (978) 745-2004

    20 Total Sales

    Mindy Reichman
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72093001

MLS Property Information Network (MLS PIN)

APN: LYNN-000103-000546-000024-000003-000003

Massachusetts Essex County Lynn 01902 East Lynn

8 Michigan Ave Unit 3, Lynn, MA

This home is located at 8 Michigan Ave Unit 3, Lynn, MA 01902 and is currently priced at $110,000, approximately $229 per square foot. This property was built in 1890. 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.

MLS Property Information Network (MLS PIN) 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.

Nearby Homes