See Home Value
Lynn 01904
78 Lake Ave
$600,000
House - Off Market

78 Lake Ave

Lynn, MA 01904
bedrooms
3 Beds
bathrooms
2 Baths
$598,448
RealtyHop Estimate
-0.26%
Since Aug 1, 2023
MA-Boston
Primary Model

About This Property

This meticulously maintained and charming Cape sits right on Flax Pond and is ready for its new owners to enjoy the quiet and peaceful water views from the freshly updated enclosed rear porch! Situated at the end of a dead end street this property has been lovingly cared for by its long-term owners and has numerous recent updates. First floor features fireplaced living room, dining room, and main bedroom all with hardwood flooring plus kitchen and full bath. Second floor has two more generously sized bedrooms plus additional full bathroom. Basement level is majority finished and includes electric fireplace unit. Spectacular level lot has panoramic water view that must be seen. Water view continues around to front of home as well. Home has new roof, all new windows, repaved driveway, has been freshly painted, and newer heating and electrical systems! Also has additional laundry hookup on first floor. DON'T MISS this amazing chance at a once-in-a-lifetime view!
Unit Size
-
Days on Market
74 days
Land Size
0.18 acres
Price per sqft
-
Property Type
House
Property Taxes
$476
HOA Dues
-
Year Built
1956
Last updated: 10 months ago (MLSPIN #73113878)

Price History

Date / Event Date Event Price
Jul 31, 2023 Sold to Matthew L Prince, Tracy Prince $600,000
Sold to Matthew L Prince, Tracy Prince
Jun 7, 2023 In contract -
In contract
Jun 6, 2023 Price Decreased $599,999
↓ $25K (4%)
Price Decreased
May 18, 2023 Listed by Keller Williams Realty $624,900
Listed by Keller Williams Realty
Oct 22, 2003 Sold $372,500
Sold
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Cape Cod
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 832
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,988
  • Total Building Area: 1,456
  • Gross Building Area: 2,610
  • Building Area: 1,456
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 1,456
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.183
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : PRINCE TRACY
  • Current Owner 2: PRINCE MATTHEW L
  • Previous Owner : LEKAKOS STAVROULA
  • Previous Owner 2: LEKAKOS KOSTAS
  • Owner Before Previous Owner: GRAHAM-TROY JOANNE M
  • Owner Before Previous Owner 2: LACAVA LINDA R
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

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

Zoning

  • Zoning: R2

Geography

  • Parcel: LYNN M:086 B:171 L:016
  • Block: 171
  • Lot: 16
  • Municipality: LYNN
  • Latitude: 42.4817
  • Longitude: -70.9506

    Address

  • Full Address: 78 Lake Ave
  • Address - House Number: 78
  • Address - Street Name: Lake
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lynn
  • Carrier Code: C025
  • 4-Digit Zip Code: 2633
  • Zip Code: 01904

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $5,952

    Appraisal Valuation

  • Standard Deviation: 0.1802
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 619,529
  • High Value: 729,578
  • Low Value: 509,481

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $480,000
  • First Open Lien Mortgage Lender: CROSSCOUNTRY MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Jul 31, 2023
  • First Open Lien Mortgage Loan Amount: $480,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Jul 31, 2053

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $565,200
  • Assessed Land Value: $267,300
  • Assessed Improvements Value: $297,900

    Sales

  • Current Sale Contract Date: Jul 31, 2023
  • Current Sale Recording Date: Jul 31, 2023
  • Current Sale Transaction ID: 11910553523
  • Current Sale Price: $600,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 645740
  • Previous Sale Recording Date: Oct 22, 2003
  • Previous Sale Amount: $372,000
  • Previous Sale Document Type: Land Court (Massachusetts)

    Last Sale Mortgage

  • First Mortgage Lender: CROSSCOUNTRY MORTGAGE INC
  • First Mortgage Transaction Date: Jul 31, 2023
  • First Mortgage Loan Amount: $480,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: MORTGAGE ELECTRONIC REGISTRATI
  • Previous Mortgage Transaction Date: Oct 22, 2003
  • Previous Mortgage Loan Amount: $353,875
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
1 Bath
-
$570,000 May 23, 2023
$570,000 Jun 29, 2023
$384/mo
House
3 Beds
2 Baths
-
$635,000 Nov 29, 2021
$635,000 Dec 29, 2021
$459/mo
House
3 Beds
2 Baths
-
$522,500 Aug 18, 2022
$522,500 Oct 25, 2022
$382/mo
House
3 Beds
2 Baths
-
$569,000 Jul 16, 2021
$569,000 Sep 9, 2021
$448/mo
House
4 Beds
2 Baths
-
$550,000 May 4, 2022
$550,000 Jun 29, 2022
$451/mo
House
2 Beds
2 Baths
-
$500,000 Sep 22, 2020
$500,000 Jan 13, 2021
$444/mo
House
3 Beds
2 Baths
-
$579,900 Aug 2, 2023
-
$481/mo
House
3 Beds
2 Baths
-
$499,000 Aug 3, 2023
-
$356/mo
House
3 Beds
2 Baths
-
$549,900 Jul 5, 2023
-
$412/mo
House
3 Beds
2 Baths
-
$539,900 Jul 21, 2023
-
$381/mo
House
3 Beds
1 Bath
-
$579,900 Jul 12, 2023
-
$535/mo
House
3 Beds
2 Baths
-
$549,900 Jul 5, 2023
-
$403/mo

About Lynn


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Frequently Asked Questions

When was property at 78 Lake Avenue built and last sold?
The property at 78 Lake Avenue was built in 1956 and last sold on Jul 31, 2023 for $600,000.
How much is this home worth?
The estimated value of the home located at 78 Lake Avenue is $631,149.
What are some comparable homes to 78 Lake Avenue?
Homes that are comparable to 78 Lake Avenue include a house property at 45 Magnolia Avenue, 24 Allerton Street, 90 Lexington Street.

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