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50 S Common St # 409, Lynn MA 01902

Lynn, MA 01902
$360,000
Est. $2,598/month
2
Beds
2
Baths
1,075
Sq Ft
$335
Price/Sq Ft
1.31
Acres
1988
Year Built
49
Days on Market
Closed Listed Feb 21, 2024 • MLS# 73204068 Copied!

About this home

Back on Market related financing. Property will not qualify for conventional financing. Rare Opportunity to own this beautiful 2BR, 2 Full Bathroom condo with in Commons of Lynn! The large primary bedroom includes a full private bathroom, a private balcony, and large walk-in closet. Additional features include IN-Unit Laundry, central AC, and off street parking. This sought after complex is close to everything needed, including the newly renovated YMCA, Nahant Beach and all forms of public transportation - Commuter rail, Blue Line Subway, and multiple Bus Lines at your front door! Additional storage in the basement, community room for parties, and Elevator for convenience.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1988
Bedrooms
2
Full Bathrooms
2
Living Area
1,075 sq ft
Total Rooms
4
Stories
1
Entry Level
4

Sale Statistics

Sale Overview
Original List Price: $365,000
Final Sale Price: $360,000
Difference: $5,000 (-1.4%)
Performance Metrics
98.6%
List to Sale Ratio
Sold below asking price
49
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $340
Sale $/sq ft: $335
This property sold for $335 per square foot
Sale Summary

This property sold for 1.4% below the original asking price.

The property spent 49 days on market before selling.

Nearby Sales Comparison

Based on 6 similar properties sold within 0.5 miles in the last 90 days

This Property
$335/sq ft
Area Average
$310/sq ft
Difference
+8.2%

This property sold slightly above the area average for similar homes.

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1988
Living Area 1,075 sq ft
Lot Size 1.31 acres
Bedrooms 2
Full Baths 2
Total Rooms 4

Interior

Heating Heat Pump, Electric
Cooling Central Air
Flooring None
Appliances Range, Disposal, Microwave, Refrigerator
Fireplace None
Basement Y
Laundry In Unit, Electric Dryer Hookup, Washer Hookup
Features None

Exterior

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

Parking

Features Off Street, Deeded
Total Spaces 1

Utilities

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

Financial

Annual Tax $3,600
Assessed Value $341,900

Interior Features

Flooring:
Appliances: Range, Disposal, Microwave, Refrigerator
Interior Features:
Windows:
Basement: Y
Laundry: In Unit, Electric Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Year Built: 1988
Structure Type: High-Rise
Exterior Materials:
Roof:
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Heat Pump, Electric
Cooling: Central Air
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: 1
Parking Features: Off Street, Deeded

Location

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Neighborhood

50 S Common St # 409, 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

3 schools
C-
Cobbet Elementary School
< 0.1 mi | #696 of 824 | Score: 36.0
Improved 70 spots from last year
-22.3 below state avg
616 students Less Diverse
Rising School
Grades PK-05
C
Washington Elementary School
0.1 mi | #646 of 824 | Score: 38.4
Improved 125 spots from last year
-19.8 below state avg
453 students Moderate
Rising School
Grades K-05
C-
Lynn Vocational Technical Institute
0.3 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
M

Middle Schools

2 schools
C-
Thurgood Marshall Middle School
1.4 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
1.6 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

3 schools
City Arts & Sciences Academy at Fecteau-Leary
< 0.1 mi
Grades 06-12
B-
Harold Durgin Success Academy
< 0.1 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
St. Mary's High School
0.2 mi
Grades 07-12
Learn about these ratings

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 $300
Homeowners Insurance $200
HOA Fee $278/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

1.4%
Price Range
29
Total Days on Market

Property Timeline

Sold
May 21, 2024
$360,000
Property sold
Days on Market: 29
🏠
Listed for Sale
Feb 21, 2024
$365,000
Original listing
Agent: Shawn McEntee Office: Classified Realty Group

Price & Status History

Date Event Price Change
Feb 21, 2024 New Listing Added $365,000

Market Statistics

Days on Market
49 days
Price per Sq Ft
$335

Tax History

Year Taxes Assessment
2024 $3,600 $341,900

Financial Details

Annual Property Tax
$3,600
Tax Year 2024
HOA Fee
$278
Per month
Assessed Value
$341,900

Listing Information

Listing Agent Shawn McEntee
Listing Office Classified Realty Group
Agent MLS ID CN233716
Office MLS ID B95141
Listing Data Updated May 21, 2024 5:35 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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