216 Fayette St, Lynn MA 01902

Lynn, MA 01902
$362,500
Est. $1,929/month
3
Beds
1
Baths
1,018
Sq Ft
$356
Price/Sq Ft
0.08
Acres
1900
Year Built
Single Family Residence
Type
4
Days on Market
Closed Listed Sep 28, 2025 • MLS# 73220353

About this home

Attention all Contractors and Investors! Property in need of total rehab but worth the effort! Features include 6 rooms with 3 bedrooms/ 1 bathroom. Good size fenced in yard with over sized storage shed could be converted to garage, and driveway fits 3 car tandem for off street parking.This is an Estate Sale and need License to Sell. Please make offers good for 48 hours for attorney review. Will not qualify for FHA and or some conventional financing programs as-is. Buyer responsible for smoke certificate. No Showings until OH on Saturday and Sunday 12PM - 1:30PM.

Sale Statistics

Sale Overview
Original List Price: $345,000
Final Sale Price: $362,500
Difference: +$17,500 (+5.1%)
Performance Metrics
105.1%
List to Sale Ratio
Sold above asking price
4
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $339
Sale $/sq ft: $356
This property sold for $356 per square foot
Sale Summary

This property sold for 5.1% above the original asking price, indicating strong buyer demand.

With only 4 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
Single Family Residence
Property Category
Residential
Year Built
1900
Bedrooms
3
Full Bathrooms
1
Living Area
1,018 sq ft
Total Rooms
6

Interior Features

Heating
Baseboard, Oil
Has Heating
Yes
Cooling
None
Has Cooling
No
Has Fireplace
No
Appliances
Electric Water Heater
Basement Details
Full

Exterior & Structure

Architectural Style
Colonial
Foundation
Stone
Exterior Features
Porch, Storage, Fenced Yard
Patio/Porch Features
Porch
Fencing
Fenced
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.08 acres
Lot Size
3,467 sq ft
Lot Size Area
0.0800
Road Frontage Type
Public

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
3
Parking Features
Paved Drive

Utilities & Systems

Water Source
Public
Sewer
Public Sewer

Community & HOA

Community Features
Public Transportation, Shopping, Park, House of Worship, Public School
HOA
No
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$3,968
Tax Year
2024
Tax Assessed Value
$376,800
Parcel Number
M:084 B:500 L:011,1999581
Zoning
R1

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Attached Property
No
Disclosures
Estate Sale - Subject to License to Sell - Please allow for 60 day closing - Sold As IS

Location

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Neighborhood

216 Fayette St, Lynn MA 01902

Lynn, MA 01902

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $331
Homeowners Insurance $200
PMI $0

Property History

Market Insights

4.8%
Price Range
5
Total Days on Market

Property Timeline

Sold
Jun 24, 2024
$362,500
Property sold
Days on Market: 5
🏠
Listed for Sale
Apr 4, 2024
$345,000
Original listing
Agent: Diane Horrigan Office: Trinity Real Estate

Price & Status History

Date Event Price Change
Apr 4, 2024 New Listing Added $345,000

Market Statistics

Days on Market
4 days
Price per Sq Ft
$356

Tax History

Year Taxes Assessment
2024 $3,968 $376,800

Financial Details

Annual Property Tax
$3,968
Tax Year 2024
Assessed Value
$376,800

Listing Information

Listing Agent Diane Horrigan
Listing Office Trinity Real Estate
Agent MLS ID B0547104
Office MLS ID AN6934

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