NOT LISTED FOR SALE

8 Michigan Ave Unit 5 Lynn, MA 01902

Diamond District Neighborhood

Estimated Value: $214,000 - $267,000

1 Bed
1 Bath
510 Sq Ft
$476/Sq Ft Est. Value

About This Home

This home is located at 8 Michigan Ave Unit 5, Lynn, MA 01902 and is currently estimated at $242,677, approximately $475 per square foot. 8 Michigan Ave Unit 5 is a home located in Essex County with nearby schools including Brickett Elementary School, William R. Fallon School, and Marshall Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 6, 2004
Sold by
Solimine Rt and Solimine David J
Bought by
Brown Cynthia
Current Estimated Value
$242,677

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,300
Outstanding Balance
$58,088
Interest Rate
5.69%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$184,589
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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.

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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.

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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
Brown Cynthia $119,900 --
Brown Cynthia $119,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Cynthia $116,300
Closed Brown Cynthia $116,300
Source: Public Records

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 $2,278 $219,900 $0 $219,900
2024 $2,178 $206,800 $0 $206,800
2023 $2,192 $196,600 $0 $196,600
2022 $2,195 $176,600 $0 $176,600
2021 $2,113 $162,200 $0 $162,200
2020 $1,847 $137,800 $0 $137,800
2019 $1,642 $114,800 $0 $114,800
2018 $1,789 $118,100 $0 $118,100
2017 $1,683 $107,900 $0 $107,900
2016 $1,239 $76,600 $0 $76,600
2015 $1,132 $67,600 $0 $67,600
Source: Public Records

Map

Massachusetts Essex County Lynn 01902 Diamond District

8 Michigan Ave Unit 5, Lynn, MA

Not Listed for Sale

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