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135 Cottage Street

135 Cottage Street, Lynn, MA 01905
Property in Lynn
Sold Mar 17, 2020
$160,000
$160,000 by Salem Five Mortgage Corp
Mortgage Due Mar 17, 2050
135 Cottage Street in Lynn, MA was first built in 1904 and is 120 years old. Although, the building on the property was most recently renovated and altered in 1964. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a duplex style. There are a total of 3 floors. There are a total of 12 rooms in the home, of which, 6 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 135 Cottage Street has 2,539 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 4,750 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of asphalt. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The condition of the building has been evaluated as average. The exterior walls of the home are made of asbestos shingle. As for heating, the home is utilizing a hot water heating system and being fueled with oil. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 135 Cottage Street sold most recently in Mar 12, 2020 for a total of $160,000. If you work out the math, that's approximately a cost of $63.02 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $6,676 in taxes each year. 135 Cottage Street was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $634,000. If we break it down further, the land itself was valued at $184,600. Improvements to the property, however, were assessed at a total of $449,400. The property's total assessed value has been marked as more than the total market value which is pretty atypical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1904
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 6
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Duplex
  • Exterior Walls Type: Asbestos shingle
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 3
  • Living Units: 2
  • Basement Type: Unfinished basement
  • Basement Area: 1,067
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,750
  • Total Building Area: 2,539
  • Gross Building Area: 3,961
  • Building Area: 2,539
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 2,539
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.109
  • Standard Land Use Code: Duplex (2 units, any combination)

Ownership

  • Current Owner : MAGNER RICHARD P
  • Previous Owner : MAGNER JAMES M
  • Previous Owner 2: MAGNER TIMOTHY W
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lynn School District
  • School Tax School District: LYNN SD
  • Census Tract: 205800

Zoning

  • Zoning: R2

Geography

  • Parcel: LYNN M:038 B:271 L:042
  • Block: 271
  • Lot: 42
  • Municipality: LYNN
  • Latitude: 42.4635
  • Longitude: -70.9734

    Address

  • Full Address: 135 Cottage St
  • Address - House Number: 135
  • Address - Street Name: Cottage
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynn
  • Carrier Code: C012
  • 4-Digit Zip Code: 2137
  • Zip Code: 01905

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $6,676

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 746,235
  • High Value: 864,106
  • Low Value: 628,364

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $160,000
  • First Open Lien Mortgage Lender: SALEM FIVE MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Mar 17, 2020
  • First Open Lien Mortgage Loan Amount: $160,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Open Lien Mortgage Loan Due Date: Mar 17, 2050

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $634,000
  • Assessed Land Value: $184,600
  • Assessed Improvements Value: $449,400

    Sales

  • Current Sale Contract Date: Mar 12, 2020
  • Current Sale Recording Date: Mar 17, 2020
  • Current Sale Transaction ID: 11748540605
  • Current Sale Price: $160,000
  • Current Sale Document Type: Quit Claim Deed
  • Current Sale Input Document Number: 20200317003470

    Last Sale Mortgage

  • First Mortgage Lender: SALEM FIVE MORTGAGE CORP
  • First Mortgage Transaction Date: Mar 17, 2020
  • First Mortgage Loan Amount: $160,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)

About Lynn



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Frequently Asked Questions

What neighborhood is 135 Cottage Street located in?
The 135 Cottage Street is a located in the neighborhood of Lynn in Lynn, Lynn.
What is the average sales price for listings in 135 Cottage Street?
The average sales price for units in 135 Cottage Street is $0 currently.

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