Check Availability

432 Broadway

432 Broadway, Lynn, MA 01904
Property in Lynn
Sold Nov 09, 2015
$289,432
$231,545 by Citizens Bank Of Ri
Mortgage Due Nov 09, 2045
Sold Apr 27, 2005
$350,000
$190,000 by Opteum Financial Svcs
Mortgage
Local assessors in Lynn, MA have categorized 432 Broadway as a residential type of property. The home was built in 1930 and is 94 years old. It was most recently renovated and altered in 1968. The property's lot size has been calculated to be 4,990 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a colonial style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 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 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 432 Broadway has a total of 1,599 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 gambrel style roof that was made of asphalt. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. The home's a forced air unit is the primary heating source and it is being fueled with oil. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 432 Broadway was last sold in Jan 1, 1970 for $289,432. According to our calculations, that's $181.01 per sqft. Prior to that sales transaction, the property was sold for $350,000 in Jan 1, 1970. Current property owners are expected to pay $5,081 in taxes per year. The property on 432 Broadway was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $482,500. To break that down further, the land itself was valued at $184,100. While improvements to the property were assessed at a total of $298,400. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Waterfront

Beach Front

Parking

Off Street Parking

Location

Corner Lot
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Colonial
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gambrel
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 725
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,990
  • Total Building Area: 1,599
  • Gross Building Area: 3,135
  • Building Area: 1,599
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,599
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : ALVAREX OMAR A
  • Previous Owner : MELENDEZ JOSE A
  • Previous Owner 2: SOLA AGUSTINE
  • Owner Before Previous Owner: MEDINA IVELISSE
  • Owner Before Previous Owner 2: ESPINAL NOLIS A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lynn School District
  • School Tax School District: LYNN SD
  • Census Tract: 205200

Zoning

  • Zoning: R1

Geography

  • Parcel: LYNN M:073 B:176 L:001
  • Block: 176
  • Lot: 1
  • Municipality: LYNN
  • Latitude: 42.4821
  • Longitude: -70.9562

    Address

  • Full Address: 432 Broadway
  • Address - House Number: 432
  • Address - Street Name: Broadway
  • State: MA
  • City Name: Lynn
  • Carrier Code: C029
  • 4-Digit Zip Code: 2605
  • Zip Code: 01904

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $5,081

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 570,991
  • High Value: 661,181
  • Low Value: 480,800

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $231,545
  • First Open Lien Mortgage Lender: CITIZENS BANK OF RI
  • First Open Lien Mortgage Recording Date: Nov 09, 2015
  • First Open Lien Mortgage Loan Amount: $231,545
  • 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 09, 2045

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $482,500
  • Assessed Land Value: $184,100
  • Assessed Improvements Value: $298,400

    Sales

  • Current Sale Recording Date: Nov 09, 2015
  • Current Sale Transaction ID: 1357119131
  • Current Sale Price: $289,432
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 231
  • Previous Sale Recording Date: Apr 27, 2005
  • Previous Sale Amount: $350,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITIZENS BANK OF RI
  • First Mortgage Transaction Date: Nov 09, 2015
  • First Mortgage Loan Amount: $231,545
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 09, 2045

    Previous Mortgages

  • Previous Mortgage Lender: OPTEUM FINANCIAL SVCS
  • Previous Mortgage Transaction Date: Apr 27, 2005
  • Previous Mortgage Loan Amount: $190,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Lynn



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 432 Broadway located in?
The 432 Broadway is a located in the neighborhood of Lynn in Lynn, Lynn.
What is the average sales price for listings in 432 Broadway?
The average sales price for units in 432 Broadway is $0 currently.

Quantcast