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559 Summer Street # R8, Lynn MA 01905

Lynn, MA 01905 • West Lynn
$583,000
Est. $4,045/month
3
Beds
3
Baths
2,019
Sq Ft
$289
Price/Sq Ft
2019
Year Built
40
Days on Market
Closed Listed Oct 29, 2024 • MLS# 73307223 Copied!

About this home

Experience luxury living in this spacious 3-bedroom, 3-bathroom condo, one of the largest units in the LUXE @ Summer Street development. Spread across the 2nd and 3rd floors, this thoughtfully designed home offers generous living space and modern conveniences throughout. The open kitchen features quartz countertops, graphite appliances, custom cabinetry, and a 5-burner gas range, perfect for entertaining. Natural light fills the expansive living and dining areas, making this home both welcoming and functional. Enjoy the convenience of in-unit laundry and 2 parking spaces. Energy-efficient windows, central air, and soundproof partition walls ensure year-round comfort and privacy. The primary suite includes an en-suite bath with double vanity, rain shower and WIC, creating a perfect retreat. Located in the desirable West Lynn area, this home is close to major commuter routes and local amenities, with pets allowed.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
2019
Bedrooms
3
Full Bathrooms
3
Living Area
2,019 sq ft
Total Rooms
6
Stories
2
Entry Level
2

Sale Statistics

Sale Overview
Original List Price: $599,000
Final Sale Price: $583,000
Difference: $16,000 (-2.7%)
Performance Metrics
97.3%
List to Sale Ratio
Sold below asking price
40
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $297
Sale $/sq ft: $289
This property sold for $289 per square foot
Sale Summary

This property sold for 2.7% below the original asking price.

The property spent 40 days on market before selling.

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 2019
Living Area 2,019 sq ft
Bedrooms 3
Full Baths 3
Total Rooms 6

Interior

Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Wood, Tile
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Basement N
Laundry Third Floor, Gas Dryer Hookup
Features None

Exterior

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

Parking

Has Garage Yes
Features Assigned, Off Street
Total Spaces 2

Utilities

Electric 220 Volts, Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Gas Dryer

Financial

Annual Tax $5,422
Assessed Value $514,900

Interior Features

Flooring: Wood, Tile
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features:
Windows: Insulated Windows
Basement: N
Laundry: Third Floor, Gas Dryer Hookup
Security:

Construction & Materials

Year Built: 2019
Structure Type: Attached
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 2

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas
Heating Zones: 1
Cooling: Central Air
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features: Thermostat

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 2
Parking Features: Assigned, Off Street

Location

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Neighborhood

West Lynn

559 Summer Street # R8, Lynn MA 01905

Lynn, MA 01905

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 $452
Homeowners Insurance $200
HOA Fee $445/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

0.5%
Price Range
42
Total Days on Market

Property Timeline

Sold
Jan 7, 2025
$583,000
Property sold
Days on Market: 42
🏠
Listed for Sale
Oct 29, 2024
$580,000
Original listing
Agent: Sherwood & Company Team Office: Compass

Price & Status History

Date Event Price Change
Oct 29, 2024 New Listing Added $580,000

Market Statistics

Days on Market
40 days
Price per Sq Ft
$289

Tax History

Year Taxes Assessment
2024 $5,422 $514,900

Financial Details

Annual Property Tax
$5,422
Tax Year 2024
HOA Fee
$445
Monthly
Assessed Value
$514,900

Listing Information

Listing Office Compass
Agent MLS ID TM352103
Office MLS ID AN2383
Listing Data Updated Jan 10, 2025 12:49 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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