Your North Shore lifestyle awaits at sought-after Sloan Machinery Lofts! Top floor unit w/deeded roof rights and parking, in-unit laundry w/storage, and large walk-in closet. This beautifully designed brick-and-beam industrial loft offers a versatile open concept layout w/dramatic 12’ ceilings, warm oak floors, and oversized windows, creating an airy, light-filled space. Fully applianced kitchen. Professionally managed HOA w/high owner occupancy and healthy financials. Recent $9,500 unit assessment paid in full for new roof. Pet friendly and FHA approved. Experience the neighborhood's diverse businesses, eateries, museums, art galleries, murals, and farmer's market. Downtown Lynn's Commuter Rail offers a quick 20 minute train ride to Boston! Walkable to the ocean and beaches along the gorgeous stretch of Lynn Shore/Nahant Beach Coastal Reservation. Don't miss The Northern Strand Bike Trail, majestic Lynn Woods, and Gannon Golf Course. Easy access to Logan Airport and major highways.
Sale Statistics
Sale Overview
Original List Price:$399,000
Final Sale Price:$405,000
Difference:
+$6,000 (+1.5%)
Performance Metrics
101.5%
List to Sale Ratio
Sold above asking price
20
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft:$426
Sale $/sq ft:$433
This property sold for $433 per square foot
Sale Summary
This property sold for 1.5% 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.
Electric Dryer Hookup, Walk-in Storage, Washer Hookup, First Floor, In Unit, Gas Dryer Hookup
Basement Details
N
Accessibility Features
Accessible Entrance
Exterior & Structure
Construction Materials
Brick, Post & Beam
Exterior Features
Deck - Roof + Access Rights
Patio/Porch Features
Deck - Roof + Access Rights
Has Spa
No
Waterfront Features
Ocean, Walk to, 1 to 2 Mile To Beach, Beach Ownership(Public)
Waterfront Property
No
Lot & Land
Lot Size
0.58 acres
Lot Size
25,425 sq ft
Lot Size Area
0.5800
Parking & Garage
Has Garage
No
Total Non-Garage Parking Spaces
1
Parking Features
Off Street, Assigned, Deeded, Paved
Utilities & Systems
Utilities Available
for Gas Range, for Gas Oven, for Gas Dryer
Water Source
Public
Sewer
Public Sewer
Security Features
Intercom
Community & HOA
Community Features
Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University, Other
HOA Fee
$362
HOA Fee Frequency
Monthly
Association Amenities
Elevator(s)
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$4,230
Tax Year
2024
Tax Assessed Value
$401,700
Parcel Number
M:069 B:642 L:013 S:029,4562870
Zoning
BD
Additional Details
Year Built Source
Owner
Year Built Details
Approximate
Building Name
Sloan Machinery Lofts
Common Walls
End Unit, 2+ Common Walls
Attached Property
Yes
Disclosures
Please review condo documents for pet policy/rules and regs. FHA approval expires in June 2024 with expected renewal. Unit 410 is in progress building the first private roof deck, which should help the process for others. Seller's Statement of Property Condition is pending and will be uploaded ASAP.
