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16 Mount Hood Ter # 7, Lynn MA 01902

Lynn, MA 01902
$275,000
Est. $2,095/month
3
Beds
1
Baths
1,277
Sq Ft
$215
Price/Sq Ft
0.00
Acres
1900
Year Built
23
Days on Market
Closed Listed Jun 7, 2024 • MLS# 73249193 Copied!

About this home

Top floor unit with 3 large bedrooms and Boston skyline and ocean views. Right/easement to build a private roof deck above the unit. Updated water heater (2023). Small building with 8 units located next to the High Rock Tower/park. There are no other 3-bed units in Lynn under 300K in today's market! This unit is priced for a quick sale. Unit is occupied, so advance notice is necessary. Pre-approval with all offers.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1900
Bedrooms
3
Full Bathrooms
1
Living Area
1,277 sq ft
Total Rooms
5
Stories
1
Entry Level
3

Sale Statistics

Sale Overview
Original List Price: $289,900
Final Sale Price: $275,000
Difference: $14,900 (-5.1%)
Performance Metrics
94.9%
List to Sale Ratio
Sold below asking price
23
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $227
Sale $/sq ft: $215
This property sold for $215 per square foot
Sale Summary

This property sold for 5.1% below the original asking price.

With only 23 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 6 similar properties sold within 0.5 miles in the last 90 days

This Property
$215/sq ft
Area Average
$230/sq ft
Difference
6.5%

This property sold near the area average for similar homes.

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1900
Living Area 1,277 sq ft
Lot Size 0.0000
Bedrooms 3
Full Baths 1
Total Rooms 5

Interior

Heating Baseboard, Natural Gas
Cooling Individual
Flooring None
Appliances None
Fireplace None
Basement Y
Laundry None
Features None

Exterior

Construction None
Architecture None
Roof None
Features Porch, City View(s)
Pool None
Spa None
Fencing None
Patio/Porch Porch

Parking

Features Paved
Total Spaces 1

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $2,319
Assessed Value $220,200

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement: Y
Laundry:
Security:

Construction & Materials

Year Built: 1900
Structure Type: Mid-Rise
Exterior Materials:
Roof:
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Baseboard, Natural Gas
Cooling: Individual
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Porch, City View(s)
Patio & Porch: Porch
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 1
Parking Features: Paved

Special Features

View: Yes
View Type: City
Community Amenities: Public Transportation, Shopping, Park, Public School, T-Station

Location

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Neighborhood

16 Mount Hood Ter # 7, 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 $193
Homeowners Insurance $200
HOA Fee $311/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

5.1%
Price Range
5
Total Days on Market

Property Timeline

Sold
Aug 26, 2024
$275,000
Property sold
Days on Market: 5
🏠
Listed for Sale
Jun 7, 2024
$289,900
Original listing

Price & Status History

Date Event Price Change
Jun 7, 2024 New Listing Added $289,900

Market Statistics

Days on Market
23 days
Price per Sq Ft
$215

Tax History

Year Taxes Assessment
2024 $2,319 $220,200

Financial Details

Annual Property Tax
$2,319
Tax Year 2024
HOA Fee
$311
Monthly
Assessed Value
$220,200

Listing Information

Agent MLS ID BB910076
Office MLS ID AC1039
Listing Data Updated Aug 29, 2024 12:05 AM 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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