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154 Lynnway # 412, Lynn MA 01902

Lynn, MA 01902
$395,000
Est. $3,456/month
2
Beds
2
Baths
1,270
Sq Ft
$311
Price/Sq Ft
1985
Year Built
54
Days on Market
Closed Listed Sep 28, 2024 • MLS# 73296028 Copied!

About this home

If you like waking up with ocean views and fresh salty sea air, this is your new home! Absolutely charming 2 BR/2BA condominium with a private covered balcony overlooking the Lynn Marina, boardwalk, Nahant and open ocean vistas. Lovely flooring, updated kitchen and loads of closet space and storage. In-unit laundry makes for easy living. Each bedroom has abundant walk-in closet space as well as en-suite bathrooms. Perfectly located to access MBTA stations, beaches, parks, local universities, Logan Airport, Boston and all North Shore amenities. Professionally managed building with assigned parking space in parking lot and extra assigned storage in garage.Great investment opportunity or live in luxury!

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1985
Bedrooms
2
Full Bathrooms
2
Living Area
1,270 sq ft
Total Rooms
4
Stories
1
Entry Level
4
Main Level Bedrooms
2

Sale Statistics

Sale Overview
Original List Price: $425,000
Final Sale Price: $395,000
Difference: $30,000 (-7.1%)
Performance Metrics
92.9%
List to Sale Ratio
Sold below asking price
54
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $335
Sale $/sq ft: $311
This property sold for $311 per square foot
Sale Summary

This property sold for 7.1% below the original asking price.

The property spent 54 days on market before selling.

Nearby Sales Comparison

Based on 13 similar properties sold within 0.5 miles in the last 90 days

This Property
$311/sq ft
Area Average
$238/sq ft
Difference
+30.7%

This property sold for significantly more per square foot than similar nearby properties, suggesting premium features or condition.

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1985
Living Area 1,270 sq ft
Bedrooms 2
Full Baths 2
Total Rooms 4

Interior

Heating Central, Heat Pump, Electric, Individual, Unit Control
Cooling Central Air, Heat Pump, Individual, Unit Control
Flooring Tile, Vinyl, Carpet, Laminate, Vinyl / Vct, Concrete
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer, Range Hood
Fireplace None
Basement N
Laundry Laundry Closet, Main Level, Electric Dryer Hookup, Washer Hookup, First Floor, In Unit
Features Slider, Lighting - Overhead, Internet Available - Unknown, Elevator

Exterior

Construction Frame
Architecture None
Roof Shingle
Features Balcony / Deck, Balcony - Exterior, Covered Patio/deck, Balcony, Screens
Pool None
Spa None
Fencing None
Patio/Porch Covered

Parking

Has Garage Yes
Features Attached, Under, Storage, Assigned, Off Street, Paved
Total Spaces 1

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Oven, For Electric Dryer, Washer Hookup

Financial

Annual Tax $3,676
Assessed Value $349,100

Interior Features

Flooring: Tile, Vinyl, Carpet, Laminate, Vinyl / VCT, Concrete
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer, Range Hood
Interior Features: Slider, Lighting - Overhead, Internet Available - Unknown, Elevator
Windows: Screens
Basement: N
Laundry: Laundry Closet, Main Level, Electric Dryer Hookup, Washer Hookup, First Floor, In Unit
Security: Intercom

Construction & Materials

Year Built: 1985
Effective Year (Renovated): 1985
Structure Type: Garden, Mid-Rise
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Central, Heat Pump, Electric, Individual, Unit Control
Heating Zones: 1
Cooling: Central Air, Heat Pump, Individual, Unit Control
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Balcony / Deck, Balcony - Exterior, Covered Patio/Deck, Balcony, Screens
Patio & Porch: Covered
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Garage Type: Attached
Total Parking Spaces: 1
Parking Features: Attached, Under, Storage, Assigned, Off Street, Paved

Special Features

Waterfront: Yes
Waterfront Type: Waterfront, Ocean, Harbor, Walk to, Access, Marina, Public, Beach Access, Ocean, 1/10 to 3/10 To Beach, Beach Ownership(Public)
Community Amenities: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University

Location

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Neighborhood

154 Lynnway # 412, Lynn MA 01902

Lynn, MA 01902

Walkability

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Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $306
Homeowners Insurance $200
HOA Fee $952/mo
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

1%
Price Range
59
Total Days on Market

Property Timeline

Sold
Dec 4, 2024
$395,000
Property sold
Days on Market: 59
🏠
Listed for Sale
Sep 28, 2024
$399,000
Original listing
Agent: Lynne Breed Office: Sagan Harborside Sotheby's International Realty

Price & Status History

Date Event Price Change
Sep 28, 2024 New Listing Added $399,000

Market Statistics

Days on Market
54 days
Price per Sq Ft
$311

Tax History

Year Taxes Assessment
2024 $3,676 $349,100

Financial Details

Annual Property Tax
$3,676
Tax Year 2024
HOA Fee
$952
Monthly
Assessed Value
$349,100

Listing Information

Listing Agent Lynne Breed
Listing Office Sagan Harborside Sotheby's International Realty
Agent MLS ID C0001904
Office MLS ID AN4472
Listing Data Updated Dec 4, 2024 3:42 PM EST
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Market Analytics for Lynn, MA

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