Welcome to the city of Lynn. This single family is centrally located. Close proximity to schools, parks, restaurants, and supermarkets. First floor offers a living room, dining room (currently been used as a bedroom) Kitchen with newer granite counter tops and gas stove.Second floor offers hardwood floors and 3 bedrooms and a bathroom. Newer heating unit (gas) Newer roof. Looking for additional space come check out the finished basement. A must see! Rent is below market value, opportunity for growth .
Sale Statistics
Sale Overview
Original List Price:$449,000
Final Sale Price:$475,000
Difference:
+$26,000 (+5.8%)
Performance Metrics
105.8%
List to Sale Ratio
Sold above asking price
7
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft:$401
Sale $/sq ft:$424
This property sold for $424 per square foot
Sale Summary
This property sold for 5.8% above the original asking price, indicating strong buyer demand.
With only 7 days on market, this was a quick sale compared to typical market conditions.
Facts & Features
Property Overview
Property Type
Single Family Residence
Property Category
Residential
Year Built
1885
Bedrooms
3
Full Bathrooms
1
Living Area
1,119 sq ft
Total Rooms
6
Interior Features
Heating
Hot Water, Natural Gas
Has Heating
Yes
Cooling
Window Unit(s)
Has Cooling
Yes
Has Fireplace
No
Appliances
Gas Water Heater, Tankless Water Heater
Basement Details
Full, Partially Finished, Walk-Out Access
Exterior & Structure
Construction Materials
Frame, Stone
Architectural Style
Cape
Roof
Shingle
Foundation
Concrete Perimeter
Exterior Features
Porch - Screened, Deck - Roof, Deck - Wood
Patio/Porch Features
Screened, Deck - Roof, Deck - Wood
Has Spa
No
Waterfront Features
Ocean, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
Waterfront Property
No
Lot & Land
Lot Size
0.03 acres
Lot Size
1,318 sq ft
Lot Size Area
0.0300
Road Frontage Type
Public
Parking & Garage
Has Garage
No
Total Non-Garage Parking Spaces
5
Parking Features
Paved Drive, Off Street, Paved
Utilities & Systems
Water Source
Public
Sewer
Public Sewer
Community & HOA
Community Features
Public Transportation
HOA
No
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$3,666
Tax Year
2023
Tax Assessed Value
$328,800
Parcel Number
M:038 B:321 L:031,1994768
Zoning
R2
Additional Details
Year Built Source
Public Records
Year Built Details
Actual
Attached Property
No
Disclosures
SELLER HAS NEVER LIVED IN PROPERTY.
Location
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Neighborhood
3 Drexel Ter, Lynn MA 01905
Lynn, MA 01905
Walkability
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Schools
School information not available
Monthly Payment Calculator
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Estimated Monthly Payment$0
Payment Breakdown
Principal & Interest$0
Property Tax$306
Homeowners Insurance$200
PMI$0
Property History
Market Insights
5.5%
Price Range
8
Total Days on Market
Property Timeline
✓
Sold
Mar 22, 2024
$475,000
Property sold
Days on Market: 8
🏠
Listed for Sale
Jan 29, 2024
$449,000
Original listing
Agent: Norman PoggioOffice: Skylimit Real Estate LLC
