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589 Essex St # 102, Lynn MA 01901

Lynn, MA 01901
$355,000
Est. $2,571/month
1
Beds
1
Baths
1,119
Sq Ft
$317
Price/Sq Ft
0.58
Acres
1823
Year Built
20
Days on Market
Closed Listed Mar 25, 2021 • MLS# 72804031 Copied!

About this home

Centrally located in the sought after Sloan Machinery Lofts, this sun splashed corner condo will make your friends jealous. 13' ceilings, 6' windows, exposed brick & beam construction and gleaming hardwood floors welcome and WOW as soon as you walk in the door. The open and inviting living space has been perfectly designed for todays living and entertaining. A generous granite and stainless kitchen with gas cooking is perfectly situated to enjoy your morning coffee or impress family & frineds with your cooking skills. The bedroom and bathroom are spacious and thoughtfully appointed. Amazing closet space with addition storage above each. An additional utility / storage closet with in unit washer & dryer. Private deeded parking spot. Central A/C ... Just a few of the amenities that round out this home for you. You wont want to leave but when you do the commuter rail, beach, parks & hiking trails, dining, shopping & all downtown Lynn has to offer are just steps away.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1823
Bedrooms
1
Full Bathrooms
1
Living Area
1,119 sq ft
Total Rooms
3
Stories
1
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $349,900
Final Sale Price: $355,000
Difference: +$5,100 (+1.5%)
Performance Metrics
101.5%
List to Sale Ratio
Sold above asking price
20
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $313
Sale $/sq ft: $317
This property sold for $317 per square foot
Sale Summary

This property sold for 1.5% 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 6 similar properties sold within 0.5 miles in the last 90 days

This Property
$317/sq ft
Area Average
$230/sq ft
Difference
+37.9%

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

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1823
Living Area 1,119 sq ft
Lot Size 0.58 acres
Bedrooms 1
Full Baths 1
Total Rooms 3

Interior

Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Wood
Appliances Range, Dishwasher, Disposal, Refrigerator, Freezer, Washer, Dryer
Fireplace None
Basement N
Laundry In Unit
Features None

Exterior

Construction Brick
Architecture None
Roof Rubber
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 Gas Range

Financial

Annual Tax $3,827
Assessed Value $293,700

Interior Features

Flooring: Wood
Appliances: Range, Dishwasher, Disposal, Refrigerator, Freezer, Washer, Dryer
Interior Features:
Windows:
Basement: N
Laundry: In Unit
Security: Intercom

Construction & Materials

Year Built: 1823
Structure Type: Mid-Rise
Exterior Materials: Brick
Roof: Rubber
Foundation:
Stories: 1

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:

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

589 Essex St # 102, Lynn MA 01901

Lynn, MA 01901

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
B-
KIPP Academy Lynn Charter School
0.2 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
C-
Cobbet Elementary School
0.2 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
0.3 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
M

Middle Schools

2 schools
C-
Thurgood Marshall Middle School
1.1 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

3 schools
St. Mary's High School
0.2 mi
Grades 07-12
City Arts & Sciences Academy at Fecteau-Leary
0.3 mi
Grades 06-12
B-
Harold Durgin Success Academy
0.3 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
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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 $319
Homeowners Insurance $200
HOA Fee $257/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
22
Total Days on Market

Property Timeline

Sold
Jun 16, 2021
$355,000
Property sold
Days on Market: 22
🏠
Listed for Sale
Mar 25, 2021
$349,900
Original listing
Agent: Joseph Heywood Office: South End Realty Group

Price & Status History

Date Event Price Change
Mar 16, 2026 Sold $399,000
Mar 25, 2021 New Listing Added $349,900

Market Statistics

Days on Market
20 days
Price per Sq Ft
$317

Tax History

Year Taxes Assessment
2021 $3,827 $293,700

Financial Details

Annual Property Tax
$3,827
Tax Year 2021
HOA Fee
$257
Monthly
Assessed Value
$293,700

Listing Information

Listing Agent Joseph Heywood
Listing Office South End Realty Group
Agent MLS ID BB809305
Office MLS ID AC1153
Listing Data Updated Jun 17, 2021 10:11 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Comparable Properties

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Market Analytics for Lynn, MA

Real-time market trends and pricing data for this area

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