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28 Chestnut St. # 1, Lynn MA 01902

Lynn, MA 01902 • Diamond District
$390,000
2
Beds
1
Baths
906
Sq Ft
$430
Price/Sq Ft
0.06
Acres
1910
Year Built
1
Parking
20
Days on Market
Closed Listed May 16, 2024 • MLS# 73239252 Copied! • Updated Aug 1, 2024

Sale Statistics

Sale Overview
Original List Price: $385,000
Final Sale Price: $390,000
Difference: +$5,000 (+1.3%)
Performance Metrics
101.3%
List to Sale Ratio
Sold above asking price
20
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $425
Sale $/sq ft: $430
This property sold for $430 per square foot
Sale Summary

This property sold for 1.3% 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 7 similar properties sold within 0.5 miles in the last 90 days

This Property
$430/sq ft
Area Average
$239/sq ft
Difference
+79.6%

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

About this home

Welcome to this charming 2-bedroom, 1-bath home located in Lynn's sought-after Diamond District. The beautifully updated kitchen features quartz countertops and stainless steel appliances. Versatile dining room that is currently being used as a family room. Enjoy year-round comfort with mini splits for heating and cooling throughout the home. Take advantage of the convenience of in-unit laundry, basement storage, and off-street parking. Enjoy leisurely strolls along the beach. Close proximity to Lynn Commute rail station, restaurants and other local amenities.

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Recently Sold Nearby

Property History

Market Insights

1.3%
Price Range
10
Total Days on Market

Property Timeline

Sold
Jul 31, 2024
$390,000
Property sold
Days on Market: 10
🏠
Listed for Sale
May 16, 2024
$385,000
Original listing
Agent: Julian Addy Office: The Agency

Tax History

Year Taxes Assessment
2024 $99,999 $9,999,999

Financial Details

Annual Property Tax
$99,999
Tax Year 2024
HOA Fee
$200
Monthly
Assessed Value
$9,999,999

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1910
Living Area 906 sq ft
Lot Size 0.06 acres
Bedrooms 2
Full Baths 1
Total Rooms 5

Interior

Heating Ductless
Cooling Ductless
Flooring Tile, Hardwood
Appliances Range, Dishwasher, Microwave, Refrigerator
Fireplace None
Basement Y
Laundry In Unit
Features None

Exterior

Construction Frame
Architecture None
Roof Shingle
Features Porch
Pool None
Spa None
Fencing None
Patio/Porch Porch
Features Off Street
Total Spaces 1
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range
Annual Tax $99,999
Assessed Value $9,999,999

HOA & Community

HOA Fee $200 Monthly
Fee Includes Water, Sewer, Insurance, Maintenance Structure
Amenities None
Optional Fee Includes Hot Water
Seller Disclosures New Condo Conversion. Taxes Tbd. Condo Fee Is Also Estimated.
Possession None
Accepted Financing None
Structure Type ["2\/3 Family"]
Unit/Building 1
Sq Ft Source Owner
Sq Ft Disclosures Measurements in floor plan are rough estimates.
Documents None
County Essex
Total market time (incl. prior listings) 10 days

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1910
Bedrooms
2
Full Bathrooms
1
Living Area
906 sq ft
Total Rooms
5
Stories
2
Entry Level
1

Room Details

First Floor

Bathroom1
8.333333333 x 6.666666666
Dining Room
11.166666666 x 11.75
Kitchen
11.166666666 x 10.666666666
Bedroom2
10.583333333 x 9.166666666
Living Room
11.166666666 x 11.583333333
Master Bedroom
11.416666666 x 9.166666666

Other Floor

Bedroom5
Bedroom4
Bedroom3
Bathroom2
Bathroom3
Office
Family Room
Master Bathroom

Interior Features

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

Construction & Materials

Year Built: 1910
Effective Year (Renovated): 2024
Structure Type: 2/3 Family
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 2

Heating, Cooling & Utilities

Heating: Ductless
Cooling: Ductless
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 1
Parking Features: Off Street
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
E

Elementary Schools

3 schools
C-
E. J. Harrington Elementary School
0.2 mi | #717 of 824 | Score: 34.2
Improved 76 spots from last year
-24 below state avg
687 students Moderate
Rising School
Grades PK-05
C-
Brickett Elementary School
0.2 mi | #688 of 824 | Score: 36.3
Improved 101 spots from last year
-21.9 below state avg
318 students Moderate
Rising School
Grades K-05
C-
Ingalls School
0.5 mi | #673 of 824 | Score: 37.3
Improved 125 spots from last year
-20.9 below state avg
719 students Moderate
Rising School
Grades K-05
M

Middle Schools

3 schools
C-
Thurgood Marshall Middle School
0.5 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
B+
Swampscott Middle School
1.8 mi | #122 of 352 | Score: 47.2
Dropped 51 spots from last year
-11 below state avg
654 students Moderate
Grades PK-08
C+
Pickering Middle School
1.9 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
H

High Schools

3 schools
B
Fredrick Douglass Collegiate Academy
0.5 mi | #12 of 25 | Score: 33.4
Improved 330 spots from last year
-24.8 below state avg
235 students Moderate
Early College Program Rising School
Grades 06-12
St. Mary's High School
0.8 mi
Grades 07-12
D
Lynn English High School
0.9 mi | #318 of 346 | Score: 33.5
Improved 37 spots from last year
-24.8 below state avg
2,062 students Moderate
18 sports • 1,425 athletes
Early College Program Rising School Career Tech Programs Strong Athletics
Grades 09-12
Learn about these ratings

Location

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Neighborhood

Diamond District

28 Chestnut St. # 1, Lynn MA 01902

Lynn, MA 01902

Listing Information

Listing Agent Julian Addy
Agent MLS ID CN219119
Office MLS ID AN6923
Listing Data Updated Aug 1, 2024 12:33 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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