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78 Washington St # 1, Lynn MA 01902

Lynn, MA 01902
$340,000
1
Beds
1
Baths
630
Sq Ft
$540
Price/Sq Ft
0.57
Acres
1900
Year Built
2
Parking
12
Days on Market
Closed Listed Jun 5, 2024 • MLS# 73247793 Copied! • Updated Aug 13, 2024

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 4 similar properties sold within 0.5 miles in the last 90 days

This Property
$540/sq ft
Area Average
$378/sq ft
Difference
+42.9%

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

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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Recently Sold Nearby

Property History

Market Insights

35.6%
Price Range
13
Total Days on Market
1
Previous Sales

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
Previous Transaction - MLS #72868730
Full transaction history available when tracking began
🏷️
Previously Sold
Nov 2, 2021
$219,000
MLS #72868730

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

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
Features Off Street
Total Spaces 2
Electric 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Gas Oven
Annual Tax $3,041
Assessed Value $288,800

HOA & Community

HOA Fee $472 Monthly
Fee Includes Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Reserve Funds
Amenities None
Optional Fee Includes None
Seller Disclosures The Basement Square Footage Was Measured And Is Not Included In The Above Square Footage.
Possession None
Accepted Financing None
Structure Type ["2\/3 Family"]
Unit/Building 1
Sq Ft Source Measured
Sq Ft Disclosures Measured, floorplan attached.
Documents None
County Essex
Total market time (incl. prior listings) 13 days

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

Room Details

First Floor

Bathroom1
Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
Kitchen
12 x 12
Flooring - Hardwood, Recessed Lighting
Living Room
16 x 13
Vaulted Ceiling(s), Flooring - Hardwood, Window(s) - Picture, Lighting - Overhead
Master Bedroom
14 x 13
Flooring - Hardwood

Other Floor

Bedroom5
Bedroom4
Bedroom3
Dining Room
Bathroom2
Bedroom2
Bathroom3
Office
Family Room
Master Bathroom

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

Nearby Schools

School information not available for this location.

Location

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Neighborhood

78 Washington St # 1, Lynn MA 01902

Lynn, MA 01902

Listing Information

Listing Agent Betsy Hill
Listing Office Coldwell Banker Realty - Newton
Office Phone 617-969-2447
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

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