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78 Washington Street # 1, Lynn MA 01902

Lynn, MA 01902
$219,000
Est. $1,851/month
1
Beds
1
Baths
588
Sq Ft
$372
Price/Sq Ft
1900
Year Built
85
Days on Market
Closed Listed Jul 20, 2021 • MLS# 72868730 Copied!

About this home

This first floor Victorian style one bedroom condominium features an open floor plan, high ceiling height and two parking spaces (tandem). .Newly remodeled and in "like-new" condition, the unit was recently remodeled to include a new kitchen and bathroom, and new electrical, heat and hot water systems. The walls, hardwood floors and ceilings are refinished. New, very large windows are thermal-pane and energy efficient. There is a large unfinished space in the basement accessed via an internal unit stairway off the hallway which could be finished and add significant finished square footage to the unit. Approvals from proper city agencies would be required. Professionally managed with a high dollar amount in the reserve funds. Low owner occupancy. Buyer needs 20% down. Easy to show and close early..

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1900
Bedrooms
1
Full Bathrooms
1
Living Area
588 sq ft
Total Rooms
4
Stories
1
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $219,900
Final Sale Price: $219,000
Difference: $900 (-0.4%)
Performance Metrics
99.6%
List to Sale Ratio
Sold below asking price
85
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $374
Sale $/sq ft: $372
This property sold for $372 per square foot
Sale Summary

This property sold for 0.4% below the original asking price.

The property spent 85 days on market before selling.

Nearby Sales Comparison

Based on 5 similar properties sold within 0.5 miles in the last 90 days

This Property
$372/sq ft
Area Average
$306/sq ft
Difference
+21.4%

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

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1900
Living Area 588 sq ft
Bedrooms 1
Full Baths 1
Total Rooms 4

Interior

Heating Natural Gas, Individual, Unit Control
Cooling Window Unit(s)
Flooring Hardwood
Appliances Range, Dishwasher, Refrigerator
Fireplace None
Basement Y
Laundry In Unit
Features None

Exterior

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

Parking

Features Tandem
Total Spaces 2

Utilities

Electric 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range

Financial

Annual Tax $2,196
Assessed Value $168,500

Interior Features

Flooring: Hardwood
Appliances: Range, Dishwasher, Refrigerator
Interior Features:
Windows: Insulated Windows
Basement: Y
Laundry: In Unit
Security:

Construction & Materials

Year Built: 1900
Structure Type: 2/3 Family
Exterior Materials: Frame
Roof: Rubber
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Natural Gas, Individual, Unit Control
Cooling: Window Unit(s)
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: 2
Parking Features: Tandem

Location

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Neighborhood

78 Washington Street # 1, Lynn MA 01902

Lynn, MA 01902

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 $183
Homeowners Insurance $200
HOA Fee $361/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

35.6%
Price Range
86
Total Days on Market
1
Previous Sales

Property Timeline

Previous Transaction - MLS #73247793
Full transaction history available when tracking began
🏷️
Previously Sold
Aug 13, 2024
$340,000
MLS #73247793
Sold
Nov 2, 2021
$219,000
Property sold
Days on Market: 86
🏠
Listed for Sale
Jul 20, 2021
$219,900
Original listing
Agent: John Schwagerl & Scott Twadelle Office: RCG Properties

Price & Status History

Date Event Price Change
Aug 13, 2024 Sold $340,000
Jul 20, 2021 New Listing Added $219,900

Market Statistics

Days on Market
85 days
Price per Sq Ft
$372

Tax History

Year Taxes Assessment
2021 $2,196 $168,500

Financial Details

Annual Property Tax
$2,196
Tax Year 2021
HOA Fee
$361
Monthly
Assessed Value
$168,500

Listing Information

Listing Agent John Schwagerl & Scott Twadelle
Listing Office RCG Properties
Agent MLS ID TEAM0298
Office MLS ID NB2011
Listing Data Updated Nov 3, 2021 12:26 AM 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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