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308 Eastern Avenue

308 Eastern Avenue, Lynn, MA 01902
Property in Lynn
Sold Nov 30, 2015
$170,000
$136,000 by Salem Five Mtg Co
Mortgage Due Nov 30, 2045
Sold Dec 21, 1988
$124,900
$78,000 by Cambridgeport Svgs Bk
Mortgage
Local assessors in Lynn, MA have categorized 308 Eastern Avenue as a residential type of property. The home was built in 1988 and is 36 years old. The property's lot size has been calculated to be 6,580 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 4 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 308 Eastern Avenue has a total of 1,012 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a gable style roof that was made of asphalt. Residents rely on air conditioning for their cooling system. The property was last sold in Jan 1, 1970 for $170,000. That's $167.98 per sqft. Prior to that sales transaction, the property was also sold in Jan 1, 1970 for $124,900. 308 Eastern Avenue was last assessed in 2024. The total value of the property was assessed at $327,600. While improvements on the property were assessed at a total of $327,600. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $3,450. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Condo
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 458
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,580
  • Total Building Area: 1,012
  • Gross Building Area: 1,534
  • Building Area: 1,012
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 1,012
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.151
  • Standard Land Use Code: Condominium unit (residential)

Ownership

  • Current Owner : CIARAMITARO ANTHONY
  • Current Owner 2: FITZGERALD ANNE L
  • Previous Owner : BARONIAN MICHAEL P
  • Previous Owner 2: BARONIAN CHERYL A
  • Owner Before Previous Owner: 66 FAYETTE ST TR
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lynn School District
  • School Tax School District: LYNN SD
  • Census Tract: 206400

Zoning

  • Zoning: R1

Geography

  • Parcel: LYNN M:105 B:483 L:007 S:001
  • Block: 483
  • Lot: 7
  • Municipality: LYNN
  • Latitude: 42.4762
  • Longitude: -70.9305

    Address

  • Full Address: 308 Eastern Ave
  • Address - House Number: 308
  • Address - Street Name: Eastern
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lynn
  • Carrier Code: C028
  • 4-Digit Zip Code: 1719
  • Zip Code: 01902

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $3,450

    Appraisal Valuation

  • Standard Deviation: 0.1914
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 74
  • Final Value: 377,937
  • High Value: 450,285
  • Low Value: 305,590

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $136,000
  • First Open Lien Mortgage Lender: SALEM FIVE MTG CO
  • First Open Lien Mortgage Recording Date: Nov 30, 2015
  • First Open Lien Mortgage Loan Amount: $136,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 30, 2045

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $327,600
  • Assessed Improvements Value: $327,600

    Sales

  • Current Sale Recording Date: Nov 30, 2015
  • Current Sale Transaction ID: 1367364932
  • Current Sale Price: $170,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 104
  • Previous Sale Recording Date: Dec 21, 1988
  • Previous Sale Amount: $124,900
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: SALEM FIVE MTG CO
  • First Mortgage Transaction Date: Nov 30, 2015
  • First Mortgage Loan Amount: $136,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 30, 2045

    Previous Mortgages

  • Previous Mortgage Lender: CAMBRIDGEPORT SVGS BK
  • Previous Mortgage Transaction Date: Dec 21, 1988
  • Previous Mortgage Loan Amount: $78,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Lynn



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Frequently Asked Questions

What neighborhood is 308 Eastern Avenue located in?
The 308 Eastern Avenue is a located in the neighborhood of Lynn in Lynn, Lynn.
What is the average sales price for listings in 308 Eastern Avenue?
The average sales price for units in 308 Eastern Avenue is $0 currently.

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