See Home Value
Lynn 01902
450-A Essex St
$499,000
↓ $36K (6.7%)
House - Off Market

450-A Essex St

Lynn, MA 01902
bedrooms
4 Beds
bathrooms
1 Bath
$2,797
Estimated Monthly
$0
HOA / Fees
11.19%
Cap Rate

About This Property

Beautifully maintained single family tucked away like an oasis in the center of the city. This centrally located home offers a large eat in kitchen, separate dinning room, a spacious living room and a big bedroom in the first floor; the other three bedrooms and bathroom are located in the second floor. With beautiful hardwood floors throughout  and a very inviting layout, this house could be your new home, or a wise investment in a rapidly developing neighborhood in a highly demanded city. The furnace is less than a year old! and the heater is about 4 years old. The property is currently occupied with Tenants AT WILL, rented for $3,300 with possibility of raising the rent or vacating the property. this is a solid investment both for a family looking for a home or wise investors looking to add to their portfolio. Property has easement over 450 Essex.
Unit Size
-
Days on Market
-
Land Size
0.07 acres
Price per sqft
-
Property Type
House
Property Taxes
$346
HOA Dues
-
Year Built
1900
Last updated: 9 days ago (MLSPIN #73214283)

Price History

Date / Event Date Event Price
Apr 11, 2024 Price Decreased $499,000
↓ $36K (6.7%)
Price Decreased
Mar 20, 2024 Listed by M. Celata Real Estate $535,000
Listed by M. Celata Real Estate
Nov 30, 2012 Sold $55,000
Sold
Sep 6, 2012 Listed by Century 21 Tradition $69,900
Listed by Century 21 Tradition
Rehab project for the investors. This property is in a convenient location set back from street on rear lot and needs renovations. Great project for the investor!
Jul 31, 2001 Sold $220,000
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 6
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Fair
  • Construction Type: Brick
  • Building Style: Duplex
  • Exterior Walls Type: Brick
  • Roof Shape Type: Mansard
  • Roof Cover Type: Asphalt
  • Floor Count: 3
  • Living Units: 2
  • Basement Type: Unfinished basement
  • Basement Area: 916
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,834
  • Total Building Area: 2,961
  • Gross Building Area: 4,070
  • Building Area: 2,961
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Steam
  • Heated Square Feet: 2,961
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COLONIAL VILLAGE CONDO
  • Land Acres: 0.111
  • Standard Land Use Code: Duplex (2 units, any combination)

Ownership

  • Current Owner : PARRA DORA P
  • Previous Owner : MOUAYAD NAIMA
  • Previous Owner 2: MOUAYAD NAIMA
  • Owner Before Previous Owner: SAHRAOUIA MOUSSA O
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lynn School District
  • School Tax School District: LYNN SD
  • Census Tract: 206800

Zoning

  • Zoning: CBD

Geography

  • Parcel: LYNN M:083 B:620 L:005
  • Block: 620
  • Lot: 5
  • Municipality: LYNN
  • Latitude: 42.467
  • Longitude: -70.9447

    Address

  • Full Address: 450 Essex St
  • Address - House Number: 450
  • Address - Street Name: Essex
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lynn
  • Carrier Code: C017
  • 4-Digit Zip Code: 2863
  • Zip Code: 01902

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $6,648

    Appraisal Valuation

  • Standard Deviation: 0.1786
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 76
  • Final Value: 728,109
  • High Value: 858,199
  • Low Value: 598,019

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $631,300
  • Assessed Land Value: $179,500
  • Assessed Improvements Value: $451,800

    Sales

  • Current Sale Contract Date: Apr 02, 2020
  • Current Sale Recording Date: Apr 06, 2020
  • Current Sale Transaction ID: 11753944259
  • Current Sale Price: $480,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 20200406002340
  • Previous Sale Recording Date: Feb 11, 2013
  • Previous Sale Document Type: Deed



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
-
$490,000 May 19, 2021
$490,000 Jul 9, 2021
$378/mo
Multifamily
5 Beds
3 Baths
-
$615,000 Oct 15, 2020
$615,000 Feb 10, 2021
$545/mo
Multifamily
5 Beds
3 Baths
-
$490,000 Sep 24, 2021
$490,000 Dec 1, 2021
$452/mo
Multifamily
5 Beds
2 Baths
-
$621,000 Apr 9, 2021
$621,000 May 17, 2021
$525/mo
Multifamily
18 Beds
6 Baths
-
$530,000 Dec 15, 2012
$530,000 Feb 7, 2013
$450/mo
Multifamily
12 Beds
5 Baths
-
$446,000 Jan 14, 2005
$446,000 Jun 9, 2005
$369/mo
House
4 Beds
2 Baths
-
$575,000 Feb 19, 2024
-
$446/mo
In Contract
House
4 Beds
4 Baths
-
$599,900 Mar 6, 2024
-
$532/mo
House
4 Beds
3 Baths
-
$585,000 Feb 29, 2024
-
$445/mo
House
3 Beds
2 Baths
-
$549,900 Mar 10, 2024
-
$439/mo
House
3 Beds
2 Baths
-
$629,900 Mar 19, 2024
-
$537/mo
In Contract
House
3 Beds
1 Bath
-
$520,000 Jan 16, 2024
-
$370/mo

About Lynn


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Nearby Rentals

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Frequently Asked Questions

When was property at 450 Essex Street built and last sold?
The property at 450 Essex Street was built in 1900 and last sold on Apr 2, 2020 for $480,000.
How much is this home worth?
The estimated value of the home located at 450 Essex Street is $503,990.
What are some comparable homes to 450 Essex Street?
Homes that are comparable to 450 Essex Street include a house property at 86 Hollingsworth Street, 52 Eutaw Avenue, 12 Nichols Street.

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