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24 Cherry St, Lynn MA 01902

Lynn, MA 01902 • Diamond District
$549,000
6
Beds
3.5
Baths
4,432
Sq Ft
$124
Price/Sq Ft
0.14
Acres
1900
Year Built
2
Garage Spaces
184
Days on Market
Closed Listed Sep 7, 2016 • MLS# 72063426 Copied! • Updated Apr 1, 2017

Sale Statistics

Sale Overview
Original List Price: $549,900
Final Sale Price: $549,000
Difference: $900 (-0.2%)
Performance Metrics
99.8%
List to Sale Ratio
Sold below asking price
184
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $124
Sale $/sq ft: $124
This property sold for $124 per square foot
Sale Summary

This property sold for 0.2% below the original asking price.

At 184 days on market, this property took longer than average to sell.

About this home

Desirable Diamond District Neighborhood! Gorgeous, Meticulously Maintained Legal Three Family. Townhouse Style Owner's Unit Boasts 8 Rooms - Large Eat-In Tiled Kitchen, Formal Dining and Living Room, Four Bedrooms On The Second Floor With Full Tiled Bathroom and A Solarium With Walls Of Glass Overlooking Private Brick Patio For Entertaining and Enjoying the Ocean Breezes. Two Additional Rental Units Allows New Owner To Live For Less Than Renting. Second and Third Units Each Have One Bedroom, Living Room, and Kitchen. High Ceilings, Crown Molding, Period Detail and Gleaming Hardwood Floors Throughout! Two Car Garage and Plenty of Off Street Parking. Steps To The Beach, Shopping, Transportation And A Short Drive To Boston. A Masterpiece!

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Recently Sold Nearby

Property History

Market Insights

0.2%
Price Range
171
Total Days on Market

Property Timeline

Sold
Mar 31, 2017
$549,000
Property sold
Days on Market: 171
🏠
Listed for Sale
Sep 7, 2016
$549,900
Original listing
Agent: Colleen Toner Office: Toner Real Estate, LLC

Tax History

Year Taxes Assessment
2016 $9,386 $580,100

Financial Details

Annual Property Tax
$9,386
Tax Year 2016
Assessed Value
$580,100

Facts & Features

2 Car Garage

Home Facts

Type Residential Income
Style 3 Family - 3 Units Up/Down
Year Built 1900
Living Area 4,432 sq ft
Lot Size 0.14 acres
Bedrooms 6
Full Baths 3
Half Baths 1
Total Rooms 14

Investment Metrics

Units 3
Unit 1 Rent $2,500/mo · N
Unit 2 Rent $875/mo · N
Unit 3 Rent $1,300/mo · N
Total Monthly Rent $4,675/mo
Gross Income $55,700
Net Operating Income $55,800
Cap Rate 10.15%
Heating Oil
Cooling None
Flooring Tile, Carpet, Hardwood
Appliances Range, Dishwasher, Disposal, Refrigerator, Freezer
Fireplace None
Basement Full, Partially Finished
Laundry Electric Dryer Hookup, Washer Hookup
Features Ceiling Fan(s), Bathroom With Tub & Shower, Living Room, Dining Room, Kitchen, Sunroom
Construction Frame
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch Porch
Garage Spaces 2
Has Garage Yes
Features Paved Drive, Off Street, Paved
Total Spaces 8
Electric 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Dryer, Washer Hookup

Financial

Annual Tax $9,386
Assessed Value $580,100
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
House Color Blue
Sq Ft Source Public Record
Documents None
County Essex
Total market time (incl. prior listings) 171 days

Property Overview

Property Type
3 Family - 3 Units Up/Down
Listing Type
For Sale
Year Built
1900
Bedrooms
6
Full Bathrooms
3
Half Bathrooms
1
Living Area
4,432 sq ft
Total Rooms
14
Stories
4
Levels
4

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring: Tile, Carpet, Hardwood
Appliances: Range, Dishwasher, Disposal, Refrigerator, Freezer
Interior Features: Ceiling Fan(s), Bathroom With Tub & Shower, Living Room, Dining Room, Kitchen, Sunroom
Windows: Skylight(s)
Basement: Full, Partially Finished
Laundry: Electric Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Stone
Stories: 4

Heating, Cooling & Utilities

Heating: Oil
Heating Zones: 1
Cooling:
Hot Water: Oil
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Garage Spaces: 2
Total Parking Spaces: 8
Parking Features: Paved Drive, Off Street, Paved

Nearby Schools

School information not available for this location.

Location

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Neighborhood

Diamond District

24 Cherry St, Lynn MA 01902

Lynn, MA 01902

Listing Information

Listing Agent Colleen Toner
Listing Office Toner Real Estate, LLC
Office Phone 781-780-9054
Agent MLS ID C1541120
Office MLS ID AC1714
Listing Data Updated Apr 1, 2017 1:22 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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