589 Essex St # 302, Lynn MA 01901
Lynn, MA 01901 • Diamond District
$270,000
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Sale Statistics
Sale Overview
Original List Price:
$269,000
Final Sale Price:
$270,000
Difference:
+$1,000 (+0.4%)
Performance Metrics
100.4%
List to Sale Ratio
Sold above asking price
20
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft:
$219
Sale $/sq ft:
$220
This property sold for $220 per square foot
Sale Summary
This property sold for 0.4% 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
$220/sq ft
Area Median
$353/sq ft
Difference
37.7%
This property sold below the area median, potentially representing good value for the buyer.
About this home
TRUE LOFT LIVING! Come home to dramatic views downtown, oversized windows, soaring ceilings and brick & beam construction- all in the historic Sloan Machinery Lofts. Corner unit offering abundant sunlight from 2 south-east exposures, beautiful hardwood floors and generously-sized bedrooms. Awesome space for entertaining w/ open & spacious kitchen, living & dining areas. Extra perks include: in-unit washer & dryer & private bedroom, perfect for guests, situated away from living areas. Meticulously cared for building w/ many updates and improvements. Garage parking w/ additional storage room & common outdoor BBQ area. Great, convenient location. Walk to highly-rated offerings in the newly revitalized downtown: Blue Ox Restaurant, Rosetti's Restaurant & Lynn Auditorium. Also, steps to Ernie's, local grocer & minutes to renowned home furnishing store, Zimman's. Train just blocks away & 5 min drive to Lynn Ferry **1st showings at open house 2/14 (Sunday) 12-1:3
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Recently Sold Nearby
Property History
Market Insights
43.4%
Price Range
21
Total Days on Market
1
Previous Sales
Property Timeline
Previous Transaction - MLS #73262133
Full transaction history available when tracking began
Previously Sold
Aug 30, 2024
$475,000
MLS #73262133
Sold
Apr 14, 2016
$270,000
Property sold
Days on Market: 21
Listed for Sale
Feb 8, 2016
$269,000
Original listing
Agent: Jeremy McElwain
Office: Keller Williams Realty Evolution
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 08/30/2024 | 🏷️ Previously Sold | $475,000 | - | - | MLS #73262133 |
| 04/14/2016 | ✓ Sold | $270,000 | - | - | Property sold |
| 02/08/2016 | 🏠 Listed for Sale | $269,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2016 | $3,480 | $215,100 |
Financial Details
Annual Property Tax
$3,480
Tax Year 2016
HOA Fee
$304
Per month
Assessed Value
$215,100
Facts & Features
1 Car Garage
Central AC
Home Facts
Type
Residential
Style
Condominium
Year Built
1823
Living Area
1,229 sq ft
Lot Size
0.58 acres
Bedrooms
2
Full Baths
1
Total Rooms
3
Interior
Heating
Forced Air, Natural Gas
Cooling
Central Air
Flooring
None
Appliances
None
Fireplace
None
Basement
N
Laundry
None
Features
None
Exterior
Construction
None
Architecture
None
Roof
None
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Garage Spaces
1
Has Garage
Yes
Features
Under, Deeded
Total Spaces
2
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$3,480
Assessed Value
$215,100
HOA & Community
HOA Fee
$304
Fee Includes
Water, Sewer, Insurance, Maintenance Structure
Amenities
Elevator(s)
Optional Fee Includes
None
Owner-Occupied Units
22
Pets
Yes
MA Disclosures
Seller Disclosures
Additional $142/month Is Due Until Oct 2017 For A Building Wide Re-pointing Loan That Was Taken Out A Few Years Ago. This Loan Is Paid Off As Of Oct 2017 And The $142 Fee Will Be Void After That.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
["Loft"]
Unit/Building
302
Sq Ft Source
Field Card
Documents
None
County
Essex
Total market time (incl. prior listings)
21 days
Property Overview
Property Type
Condominium
Listing Type
Sold
Year Built
1823
Bedrooms
2
Full Bathrooms
1
Living Area
1,229 sq ft
Total Rooms
3
Stories
1
Entry Level
3
Floor Layout
Interactive room guide
Floor Layout
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Appliances:
Interior Features:
Windows:
Basement:
N
Laundry:
Security:
Construction & Materials
Year Built:
1823
Structure Type:
Loft
Exterior Materials:
Roof:
Foundation:
Stories:
1
Heating, Cooling & Utilities
Heating:
Forced Air, Natural Gas
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
Garage Spaces:
1
Garage Type:
Attached
Total Parking Spaces:
2
Parking Features:
Under, Deeded
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
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
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
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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Location
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Neighborhood
Diamond District
589 Essex St # 302, Lynn MA 01901
Lynn, MA 01901
Listing Information
Listing Office
Keller Williams Realty Evolution
Office Phone
978-927-8700
Agent MLS ID
BB802522
Office MLS ID
C95098
Listing Data Updated
Apr 14, 2016 5:00 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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