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316 Essex St, Lynn MA 01902

Lynn, MA 01902
$720,000
Est. $4,511/month
6
Beds
3
Baths
3,473
Sq Ft
$207
Price/Sq Ft
0.08
Acres
1876
Year Built
19
Days on Market
Closed Listed Dec 16, 2022 • MLS# 73065504 Copied!

About this home

Looking to build sweat equity or investor looking for your next flip? This is the home for you! Spacious units, plenty of off street parking, separate utilities. Units are spacious 2/3 bedroom units. Conveniently located less that a mile to the Lynn Commuter Rail Station and about a mile to Lynn Beach.

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Property Overview

Property Type
3 Family - 3 Units Up/Down
Listing Type
For Sale
Year Built
1876
Bedrooms
6
Full Bathrooms
3
Living Area
3,473 sq ft
Total Rooms
14
Stories
3
Levels
3

Sale Statistics

Sale Overview
Original List Price: $714,900
Final Sale Price: $720,000
Difference: +$5,100 (+0.7%)
Performance Metrics
100.7%
List to Sale Ratio
Sold above asking price
19
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $206
Sale $/sq ft: $207
This property sold for $207 per square foot
Sale Summary

This property sold for 0.7% above the original asking price, indicating strong buyer demand.

With only 19 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Home Facts

Type Residential Income
Style 3 Family - 3 Units Up/Down
Year Built 1876
Living Area 3,473 sq ft
Lot Size 0.08 acres
Bedrooms 6
Full Baths 3
Total Rooms 14

Interior

Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement Full
Laundry None
Features None

Exterior

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

Parking

Features Paved Drive
Total Spaces 2

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $8,043
Assessed Value $647,100

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement: Full
Laundry:
Security:

Construction & Materials

Year Built: 1876
Structure Type:
Exterior Materials:
Roof:
Foundation: Stone, Brick/Mortar
Stories: 3

Heating, Cooling & Utilities

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

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 2
Parking Features: Paved Drive

Location

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Neighborhood

316 Essex St, Lynn MA 01902

Lynn, MA 01902

Walkability

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Nearby Schools

School District
Lynn School District local
D
School Safety 2024-25
3.5% Above Average
3.0% Suspensions 0.3% In-School 0.1% Expulsions 0.4% Emergency
2.0% below state avg
E

Elementary Schools

10 schools
B-
KIPP Academy Lynn Charter School
0.5 mi | #197 of 346 | Score: 51.6
Improved 64 spots from last year
-6.6 below state avg
1,637 students Moderate
High Graduation Rate Rising School College Ready Curriculum
Grades K-12
The Hathaway School
0.8 mi
Grades PK-08
St. Pius V Elementary School
0.9 mi
Grades PK-08
C-
Lynn Vocational Technical Institute
1.1 mi | #284 of 346 | Score: 42.8
Improved 50 spots from last year
-15.5 below state avg
1,584 students Moderate
Early College Program Rising School Career Tech Programs
Grades PK-12
North Shore Christian School
1.5 mi
Grades PK-08
Sacred Heart Elementary School
1.8 mi
Grades PK-08
TEAMS Academy at Virginia Barton Center
2.2 mi
Grades PK-12
C-
Ingalls School
0.2 mi | #673 of 824 | Score: 37.3
Improved 125 spots from last year
-20.9 below state avg
719 students Moderate
Rising School
Grades K-05
C-
E. J. Harrington Elementary School
0.4 mi | #717 of 824 | Score: 34.2
Improved 76 spots from last year
-24 below state avg
687 students Moderate
Rising School
Grades PK-05
C
Robert L Ford School
0.4 mi | #614 of 824 | Score: 40.0
Improved 183 spots from last year
-18.2 below state avg
410 students Less Diverse
Rising School
Grades K-05
M

Middle Schools

2 schools
C-
Thurgood Marshall Middle School
0.5 mi | #311 of 352 | Score: 30.5
Improved 40 spots from last year
-27.7 below state avg
1,310 students Moderate
Rising School
Grades 06-08
C+
Pickering Middle School
1.5 mi | #226 of 352 | Score: 38.6
Improved 81 spots from last year
-19.6 below state avg
583 students Diverse
Rising School
Grades 06-08
H

High Schools

6 schools
B
Fredrick Douglass Collegiate Academy
0.7 mi | #12 of 25 | Score: 33.4
Improved 330 spots from last year
-24.8 below state avg
235 students Moderate
Early College Program Rising School
Grades 06-12
St. Mary's High School
0.8 mi
Grades 07-12
City Arts & Sciences Academy at Fecteau-Leary
0.9 mi
Grades 06-12
D
Lynn English High School
0.5 mi | #318 of 346 | Score: 33.5
Improved 37 spots from last year
-24.8 below state avg
2,062 students Moderate
18 sports • 1,425 athletes
Early College Program Rising School Career Tech Programs Strong Athletics
Grades 09-12
B-
Harold Durgin Success Academy
0.9 mi | #16 of 25 | Score: 30.4
Improved 329 spots from last year
-27.8 below state avg
94 students Diverse
Rising School Career Tech Programs
Grades 09-12
C-
Classical High School
2.4 mi | #302 of 346 | Score: 37.9
Improved 51 spots from last year
-20.3 below state avg
1,795 students Moderate
Early College Program Rising School Career Tech Programs
Grades 09-12
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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 $670
Homeowners Insurance $200
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

45%
Price Range
128
Total Days on Market
1
Previous Sales

Property Timeline

Current Active Listing - MLS #73500297
Full transaction history available when tracking began
🏡
Currently Listed
Apr 12, 2026
$1,299,000
MLS #73500297 - Active
Previous Transaction - MLS #73337231
Full transaction history available when tracking began
🏷️
Previously Sold
Apr 10, 2025
$1,110,000
MLS #73337231
Sold
Feb 10, 2023
$720,000
Property sold
Days on Market: 128
🏠
Listed for Sale
Dec 16, 2022
$714,900
Original listing
Agent: Fermin Group Office: Century 21 North East

Price & Status History

Date Event Price Change
Apr 12, 2026 Sold $1,299,000
Apr 10, 2025 Sold $1,110,000
Dec 16, 2022 New Listing Added $714,900

Market Statistics

Days on Market
19 days
Price per Sq Ft
$207

Tax History

Year Taxes Assessment
2022 $8,043 $647,100

Financial Details

Annual Property Tax
$8,043
Tax Year 2022
Assessed Value
$647,100

Listing Information

Listing Agent Fermin Group
Listing Office Century 21 North East
Agent MLS ID TM321052
Office MLS ID AN4356
Listing Data Updated Feb 13, 2023 8:27 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

Real-time market trends and pricing data for this area

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