Rarely available penthouse unit that has been loved by the same owner for 40 years! This spacious 1 bed with extra room used as a den (perfect for an office or guest space), 1.5 bath, pet friendly condo in Lynnfield's sought after Cedar Pond Village. Located on the 3rd level, this roomy penthouse unit has been refreshed with new carpeting and interior paint. The floorplan has an open kitchen/dining area, large living room with sliders to your covered balcony and an extra room used a den that could be a great office space or playroom. Head down the hall to your full bath with laundry & huge bedroom with walk-in closet. 2 deeded parking spaces are included, 1 of which is a carport with storage. Cedar Pond offers a clubhouse, tennis courts, swimming pool & guest parking to name a few. Enjoy resort style living with easy access to highways, shopping, & restaurants. Quick close possible! Please use visitor parking spaces only.
Sale Statistics
Sale Overview
Original List Price:$409,000
Final Sale Price:$430,000
Difference:
+$21,000 (+5.1%)
Performance Metrics
105.1%
List to Sale Ratio
Sold above asking price
12
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft:$359
Sale $/sq ft:$377
This property sold for $377 per square foot
Sale Summary
This property sold for 5.1% above the original asking price, indicating strong buyer demand.
With only 12 days on market, this was a quick sale compared to typical market conditions.
Facts & Features
Property Overview
Property Type
Condominium
Property Category
Residential
Year Built
1983
Bedrooms
1
Full Bathrooms
1
Half Bathrooms
1
Living Area
1,140 sq ft
Total Rooms
5
Stories
3
Entry Level
3
Interior Features
Flooring
Tile, Carpet, Laminate, Flooring - Wall to Wall Carpet
for Electric Oven, for Electric Dryer, Washer Hookup
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers
Security Features
Intercom
Community & HOA
Community Features
Shopping, Park, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School
HOA Fee
$461
HOA Fee Frequency
Monthly
Association Amenities
Pool, Tennis Court(s), Playground, Recreation Facilities, Fitness Center, Clubhouse
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$3,308
Tax Year
2024
Tax Assessed Value
$362,700
Zoning
R5
Additional Details
Year Built Source
Public Records
Year Built Details
Actual
Building Name
Cedar Pond Village
Common Walls
No One Above
Disclosures
Sold as is. Some photos have been virtually staged. W/D staying as gift. Kitchen ceiling light needs new 120V ballast as it is not working. Trash compactor may not be working. 1 dog under 40 lbs allowed per unit. Peabody school system. Buzzer to unit is not working.
Listing Terms
Contract
Location
Loading map...
Neighborhood
1100 Salem St # 35, Lynnfield MA 01940
Lynnfield, MA 01940
Walkability
Loading Walk Score...
Schools
School information not available
Monthly Payment Calculator
%
%
Estimated Monthly Payment$0
Payment Breakdown
Principal & Interest$0
Property Tax$276
Homeowners Insurance$200
HOA Fee$461
PMI$0
Property History
Market Insights
4.9%
Price Range
13
Total Days on Market
Property Timeline
✓
Sold
May 29, 2024
$430,000
Property sold
Days on Market: 13
🏠
Listed for Sale
Apr 17, 2024
$409,000
Original listing
Agent: Louise Touchette TeamOffice: Coldwell Banker Realty - Lynnfield
