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16 Mount Hood Ter # 7, Lynn MA 01902

Lynn, MA 01902
$275,000
3
Beds
1
Baths
1,277
Sq Ft
$215
Price/Sq Ft
0.00
Acres
1900
Year Built
1
Parking
23
Days on Market
Closed Listed Jun 7, 2024 • MLS# 73249193 Copied! • Updated Aug 29, 2024

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

This Property
$215/sq ft
Area Average
$335/sq ft
Difference
35.9%

This property sold below the area average, potentially representing good value for the buyer.

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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Recently Sold Nearby

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

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

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
Features Paved
Total Spaces 1
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None
Annual Tax $2,319
Assessed Value $220,200

HOA & Community

HOA Fee $311 Monthly
Fee Includes Water, Sewer, Insurance, Maintenance Structure
Amenities None
Optional Fee Includes None
Seller Disclosures Lister Has Ownership Interest.
Possession None
Accepted Financing None
Structure Type ["Mid-Rise"]
Unit/Building 7
Sq Ft Source Master Deed
Documents None
County Essex
Total market time (incl. prior listings) 5 days

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

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

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
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
B-
KIPP Academy Lynn Charter School
0.1 mi | #197 of 346 | Score: 51.6
Improved 64 spots from last year
-6.6 below state avg
1,637 students Moderate
High Graduation Rate Rising School College Ready Curriculum
Grades K-12
C
Robert L Ford School
0.3 mi | #614 of 824 | Score: 40.0
Improved 183 spots from last year
-18.2 below state avg
410 students Less Diverse
Rising School
Grades K-05
C-
Cobbet Elementary School
0.5 mi | #696 of 824 | Score: 36.0
Improved 70 spots from last year
-22.3 below state avg
616 students Less Diverse
Rising School
Grades PK-05
M

Middle Schools

2 schools
C-
Thurgood Marshall Middle School
0.9 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
C+
Pickering Middle School
1.4 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
St. Mary's High School
0.4 mi
Grades 07-12
City Arts & Sciences Academy at Fecteau-Leary
0.5 mi
Grades 06-12
B-
Harold Durgin Success Academy
0.5 mi | #16 of 25 | Score: 30.4
Improved 329 spots from last year
-27.8 below state avg
94 students Diverse
Rising School Career Tech Programs
Grades 09-12
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Location

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Neighborhood

16 Mount Hood Ter # 7, Lynn MA 01902

Lynn, MA 01902

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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