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78 Washington St # 1, Lynn MA 01902

Lynn, MA 01902
$340,000
Est. $2,645/month
1
Beds
1
Baths
630
Sq Ft
$540
Price/Sq Ft
0.57
Acres
1900
Year Built
12
Days on Market
Closed Listed Jun 5, 2024 • MLS# 73247793 Copied!

About this home

VA buyer can assume 2.25% mortgage!! Remodeled in 2021, this airy one bed, one bath Victorian style condo has high ceilings, hardwood floors, great lighting w/a tiled expansive lower level. Enter through the front door into a spacious foyer with lovely natural lighting perfect for enjoying a morning cup of coffee or reading. This leads into the large family room with high ceilings & great layout for decorating. The bedroom has direct access to the remodeled full bath. The kitchen has granite countertops and energy appliances. Off the kitchen door is a shared hallway w/ extra private storage & a door leading out the back to the lovely common yard space. The basement is just waiting to be fully finished to add value and square footage to your new home. It also has an extra storage room, new Navien tankless hot water system (2021) and in-unit washer and dryer (2021). Just a mile to the beach and near shopping. Condo perfect for 1st time home-buyer or downsizer.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1900
Bedrooms
1
Full Bathrooms
1
Living Area
630 sq ft
Total Rooms
3
Stories
2
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $299,500
Final Sale Price: $340,000
Difference: +$40,500 (+13.5%)
Performance Metrics
113.5%
List to Sale Ratio
Sold above asking price
12
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $475
Sale $/sq ft: $540
This property sold for $540 per square foot
Sale Summary

This property sold for 13.5% above the original asking price, indicating strong buyer demand.

With only 12 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

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

This Property
$540/sq ft
Area Average
$353/sq ft
Difference
+53.2%

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 630 sq ft
Lot Size 0.57 acres
Bedrooms 1
Full Baths 1
Total Rooms 3

Interior

Heating Baseboard, Oil
Cooling Window Unit(s)
Flooring Tile, Hardwood, Flooring - Hardwood
Appliances Refrigerator, Energy Star Qualified Refrigerator, Energy Star Qualified Dryer, Energy Star Qualified Dishwasher, Energy Star Qualified Washer, Range, Oven
Fireplace None
Basement Y
Laundry Flooring - Stone/ceramic Tile, Dryer Hookup - Dual, In Basement, In Unit
Features Vaulted Ceiling(s), Lighting - Overhead, Entrance Foyer, Finish - Sheetrock, Internet Available - Broadband, Internet Available - Dsl, High Speed Internet

Exterior

Construction None
Architecture None
Roof None
Features Garden, Rain Gutters
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features Off Street
Total Spaces 2

Utilities

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

Financial

Annual Tax $3,041
Assessed Value $288,800

Interior Features

Flooring: Tile, Hardwood, Flooring - Hardwood
Appliances: Refrigerator, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Washer, Range, Oven
Interior Features: Vaulted Ceiling(s), Lighting - Overhead, Entrance Foyer, Finish - Sheetrock, Internet Available - Broadband, Internet Available - DSL, High Speed Internet
Windows: Window(s) - Picture, Insulated Windows
Basement: Y
Laundry: Flooring - Stone/Ceramic Tile, Dryer Hookup - Dual, In Basement, In Unit
Security:

Construction & Materials

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

Heating, Cooling & Utilities

Heating: Baseboard, Oil
Cooling: Window Unit(s)
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Garden, Rain Gutters
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 2
Parking Features: Off Street

Location

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Neighborhood

78 Washington St # 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 $253
Homeowners Insurance $200
HOA Fee $472/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

11.9%
Price Range
13
Total Days on Market

Property Timeline

Sold
Aug 13, 2024
$340,000
Property sold
Days on Market: 13
🏠
Listed for Sale
Jun 5, 2024
$299,500
Original listing
Agent: Betsy Hill Office: Coldwell Banker Realty - Newton

Price & Status History

Date Event Price Change
Jun 5, 2024 New Listing Added $299,500

Market Statistics

Days on Market
12 days
Price per Sq Ft
$540

Tax History

Year Taxes Assessment
2024 $3,041 $288,800

Financial Details

Annual Property Tax
$3,041
Tax Year 2024
HOA Fee
$472
Monthly
Assessed Value
$288,800

Listing Information

Listing Office Coldwell Banker Realty - Newton
Agent MLS ID CN244681
Office MLS ID AN6227
Listing Data Updated Aug 13, 2024 4:11 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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Market Analytics for Lynn, MA

Real-time market trends and pricing data for this area

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