175 Essex St, Lynn MA 01902

Lynn, MA 01902
$714,000
Est. $4,340/month
4
Beds
3
Baths
2,816
Sq Ft
$254
Price/Sq Ft
0.09
Acres
1900
Year Built
6
Days on Market
Closed Listed Jan 22, 2024 • MLS# 73194282 Copied!

About this home

Attn: Home Owners & Investors - Don’t miss out on this incredible 2 family “Hidden Gem” setback from the main road in East Lynn & located mins from the Ocean/ Swampscott/ Salem & commuter rail. The 1st floor unit is vacant, recently updated and ready for your family or new tenants. The main level of this unit boasts a fully applianced eat-in kitchen w/ 2 beds, 1 bath & lvrm area. The expanded lower level offers an addt’l family room, guest room/ office & bath w/shower. Plenty of room for a growing family! The occupied 2nd floor unit offers a similar layout as the 1st flr main level plus a spectacular loft area perfect for a play area/ home office, storage, etc. Both units are heated via 1 oil fueled heating system and share access to the Coin operated washer & dryer in the basement. Off street parking for 3 cars can be found in front of the house via a shared driveway with neighbors. Plus a small maintenance free yard.

Property Overview

Property Type
2 Family - 2 Units Up/Down
Listing Type
For Sale
Year Built
1900
Bedrooms
4
Full Bathrooms
3
Living Area
2,816 sq ft
Total Rooms
11
Stories
4
Levels
4

Sale Statistics

Sale Overview
Original List Price: $689,900
Final Sale Price: $714,000
Difference: +$24,100 (+3.5%)
Performance Metrics
103.5%
List to Sale Ratio
Sold above asking price
6
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $245
Sale $/sq ft: $254
This property sold for $254 per square foot
Sale Summary

This property sold for 3.5% above the original asking price, indicating strong buyer demand.

With only 6 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Home Facts

Type Residential Income
Style 2 Family - 2 Units Up/Down
Year Built 1900
Living Area 2,816 sq ft
Lot Size 0.09 acres
Bedrooms 4
Full Baths 3
Total Rooms 11

Interior

Heating Baseboard
Cooling Window Unit(s)
Flooring Wood, Tile, Carpet, Stone/ceramic Tile
Appliances Washer, Dryer, Range, Dishwasher, Disposal, Refrigerator
Fireplace None
Basement Partial, Finished, Walk-out Access, Interior Entry, Concrete
Laundry None
Features Ceiling Fan(s), Philadelphia, Stone/granite/solid Counters, Upgraded Cabinets, Upgraded Countertops, Bathroom With Shower Stall, Bathroom With Tub & Shower, Remodeled, Internet Available - Fiber-optic, Cathedral/vaulted Ceilings, Living Room, Kitchen, Family Room, Office/den, Loft

Exterior

Construction Frame, Stone
Architecture None
Roof Tile
Features Rain Gutters
Pool None
Spa None
Fencing Fenced
Patio/Porch None

Parking

Features Shared Driveway, Off Street
Total Spaces 3

Utilities

Electric 220 Volts
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range

Financial

Annual Tax $6,359
Assessed Value $570,300

Interior Features

Flooring: Wood, Tile, Carpet, Stone/Ceramic Tile
Appliances: Washer, Dryer, Range, Dishwasher, Disposal, Refrigerator
Interior Features: Ceiling Fan(s), Philadelphia, Stone/Granite/Solid Counters, Upgraded Cabinets, Upgraded Countertops, Bathroom with Shower Stall, Bathroom With Tub & Shower, Remodeled, Internet Available - Fiber-Optic, Cathedral/Vaulted Ceilings, Living Room, Kitchen, Family Room, Office/Den, Loft
Windows: Insulated Windows, Storm Window(s)
Basement: Partial, Finished, Walk-Out Access, Interior Entry, Concrete
Laundry:
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials: Frame, Stone
Roof: Tile
Foundation: Concrete Perimeter
Stories: 4

Heating, Cooling & Utilities

Heating: Baseboard
Cooling: Window Unit(s)
Hot Water: Oil
Water Source: Public
Sewer: Public Sewer
Energy Features: Partial

Exterior & Lot

Exterior Features: Rain Gutters
Patio & Porch:
Fencing: Fenced
Other Structures:
Lot Features: Easements, Level
Road Surface: Paved

Parking & Garage

Total Parking Spaces: 3
Parking Features: Shared Driveway, Off Street

Location

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Neighborhood

175 Essex St, Lynn MA 01902

Lynn, MA 01902

Walkability

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Schools

School information not available

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 $530
Homeowners Insurance $200
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

3.4%
Price Range
10
Total Days on Market

Property Timeline

Sold
Feb 29, 2024
$714,000
Property sold
Days on Market: 10
🏠
Listed for Sale
Jan 22, 2024
$689,900
Original listing

Price & Status History

Date Event Price Change
Jan 22, 2024 New Listing Added $689,900

Market Statistics

Days on Market
6 days
Price per Sq Ft
$254

Tax History

Year Taxes Assessment
2023 $6,359 $570,300

Financial Details

Annual Property Tax
$6,359
Tax Year 2023
Assessed Value
$570,300

Listing Information

Listing Agent Donna Conway
Listing Office NextStep Properties, Inc.
Agent MLS ID BB805971
Office MLS ID BB6023
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

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