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28 Chestnut St. # 1, Lynn MA 01902

Lynn, MA 01902 • Diamond District
$390,000
Est. $10,705/month
2
Beds
1
Baths
906
Sq Ft
$430
Price/Sq Ft
0.06
Acres
1910
Year Built
20
Days on Market
Closed Listed May 16, 2024 • MLS# 73239252 Copied!

About this home

Welcome to this charming 2-bedroom, 1-bath home located in Lynn's sought-after Diamond District. The beautifully updated kitchen features quartz countertops and stainless steel appliances. Versatile dining room that is currently being used as a family room. Enjoy year-round comfort with mini splits for heating and cooling throughout the home. Take advantage of the convenience of in-unit laundry, basement storage, and off-street parking. Enjoy leisurely strolls along the beach. Close proximity to Lynn Commute rail station, restaurants and other local amenities.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1910
Bedrooms
2
Full Bathrooms
1
Living Area
906 sq ft
Total Rooms
5
Stories
2
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $385,000
Final Sale Price: $390,000
Difference: +$5,000 (+1.3%)
Performance Metrics
101.3%
List to Sale Ratio
Sold above asking price
20
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $425
Sale $/sq ft: $430
This property sold for $430 per square foot
Sale Summary

This property sold for 1.3% above the original asking price, indicating strong buyer demand.

With only 20 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 14 similar properties sold within 0.5 miles in the last 90 days

This Property
$430/sq ft
Area Average
$255/sq ft
Difference
+68.8%

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

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1910
Living Area 906 sq ft
Lot Size 0.06 acres
Bedrooms 2
Full Baths 1
Total Rooms 5

Interior

Heating Ductless
Cooling Ductless
Flooring Tile, Hardwood
Appliances Range, Dishwasher, Microwave, Refrigerator
Fireplace None
Basement Y
Laundry In Unit
Features None

Exterior

Construction Frame
Architecture None
Roof Shingle
Features Porch
Pool None
Spa None
Fencing None
Patio/Porch Porch

Parking

Features Off Street
Total Spaces 1

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range

Financial

Annual Tax $99,999
Assessed Value $9,999,999

Interior Features

Flooring: Tile, Hardwood
Appliances: Range, Dishwasher, Microwave, Refrigerator
Interior Features:
Windows: Insulated Windows
Basement: Y
Laundry: In Unit
Security:

Construction & Materials

Year Built: 1910
Effective Year (Renovated): 2024
Structure Type: 2/3 Family
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 2

Heating, Cooling & Utilities

Heating: Ductless
Cooling: Ductless
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Porch
Patio & Porch: Porch
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 1
Parking Features: Off Street

Location

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Neighborhood

Diamond District

28 Chestnut St. # 1, 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 $8,333
Homeowners Insurance $200
HOA Fee $200/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

1.3%
Price Range
10
Total Days on Market

Property Timeline

Sold
Jul 31, 2024
$390,000
Property sold
Days on Market: 10
🏠
Listed for Sale
May 16, 2024
$385,000
Original listing
Agent: Julian Addy Office: The Agency

Price & Status History

Date Event Price Change
May 16, 2024 New Listing Added $385,000

Market Statistics

Days on Market
20 days
Price per Sq Ft
$430

Tax History

Year Taxes Assessment
2024 $99,999 $9,999,999

Financial Details

Annual Property Tax
$99,999
Tax Year 2024
HOA Fee
$200
Monthly
Assessed Value
$9,999,999

Listing Information

Listing Agent Julian Addy
Agent MLS ID CN219119
Office MLS ID AN6923
Listing Data Updated Aug 1, 2024 12:33 PM EDT
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

Real-time market trends and pricing data for this area

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