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150 Lynnway # 107, Lynn MA 01902

Lynn, MA 01902
$545,000
Est. $4,721/month
3
Beds
2.5
Baths
2,313
Sq Ft
$236
Price/Sq Ft
4.34
Acres
1986
Year Built
-1
Days on Market
Closed Listed Jun 23, 2024 • MLS# 73256317 Copied!

About this home

HUGE PRICE DROP! Seller says bring all offers. Amazing opportunity to buy this 3 bedroom end unit w/ wrap around ocean & marina views - truly a rare offering! South facing w/ loads of natural sunlight throughout the day, this property is one of only a few in the entire association w/ a 40 foot private ocean / marina facing terrace, accessible via sliders from the living room. All rooms are spacious in this home, allowing for flexible use & layouts. Two large bedrooms each w/ en suite bathrooms, plus a perfectly located 1/2 bath for guests. Loads of storage & spacious closets, plus in unit private laundry room. Central air, direct access garage parking & one additional exterior space adjacent to the unit. Walk to Nahant Beach, take the ferry to downtown Boston, enjoy a bustling and revitalized downtown district. Get in now and capitalize on appreciation from future Lynn waterfront developments! Property functional, but value could be substantially improved with a cosmetic refresh.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1986
Bedrooms
3
Full Bathrooms
2
Half Bathrooms
1
Living Area
2,313 sq ft
Total Rooms
6
Stories
1
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $569,000
Final Sale Price: $545,000
Difference: $24,000 (-4.2%)
Performance Metrics
95.8%
List to Sale Ratio
Sold below asking price
-1
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $246
Sale $/sq ft: $236
This property sold for $236 per square foot
Sale Summary

This property sold for 4.2% below the original asking price.

With only -1 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 16 similar properties sold within 0.5 miles in the last 90 days

This Property
$236/sq ft
Area Average
$235/sq ft
Difference
+0.4%

This property sold slightly above the area average for similar homes.

Facts & Features

1 Car Garage

Home Facts

Type Residential
Style Condominium
Year Built 1986
Living Area 2,313 sq ft
Lot Size 4.34 acres
Bedrooms 3
Full Baths 2
Half Baths 1
Total Rooms 6

Interior

Heating Heat Pump, Electric
Cooling Heat Pump
Flooring Wood, Tile, Carpet, Flooring - Stone/ceramic Tile
Appliances Range, Dishwasher, Refrigerator, Washer, Dryer
Fireplace None
Basement N
Laundry In Unit, Electric Dryer Hookup
Features Closet, Entry Hall, Home Office

Exterior

Construction Brick, Stone
Architecture None
Roof None
Features Patio
Pool None
Spa None
Fencing None
Patio/Porch Patio

Parking

Garage Spaces 1
Has Garage Yes
Features Attached, Under, Garage Door Opener, Deeded, Off Street
Total Spaces 2

Utilities

Electric 220 Volts, Circuit Breakers, 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Dryer

Financial

Annual Tax $7,320
Assessed Value $695,200

Interior Features

Flooring: Wood, Tile, Carpet, Flooring - Stone/Ceramic Tile
Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
Interior Features: Closet, Entry Hall, Home Office
Windows:
Basement: N
Laundry: In Unit, Electric Dryer Hookup
Security: Intercom

Construction & Materials

Year Built: 1986
Structure Type: High-Rise
Exterior Materials: Brick, Stone
Roof:
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Heat Pump, Electric
Heating Zones: 2
Cooling: Heat Pump
Cooling Zones: 2
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Patio
Patio & Porch: Patio
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Garage Spaces: 1
Garage Type: Attached
Total Parking Spaces: 2
Parking Features: Attached, Under, Garage Door Opener, Deeded, Off Street

Special Features

Waterfront: Yes
Waterfront Type: Waterfront, Ocean, Ocean, 1/10 to 3/10 To Beach, Beach Ownership(Public)
Community Amenities: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Conservation Area, Highway Access, Marina, Private School, Public School, T-Station, University, Other

Location

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Neighborhood

150 Lynnway # 107, 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 $610
Homeowners Insurance $200
HOA Fee $1,155/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

4.2%
Price Range
93
Total Days on Market

Property Timeline

Sold
Jul 19, 2024
$545,000
Property sold
Days on Market: 93
🏠
Listed for Sale
Jun 23, 2024
$569,000
Original listing
Agent: ResCo Team Office: Gibson Sotheby's International Realty

Price & Status History

Date Event Price Change
Jun 23, 2024 New Listing Added $569,000

Market Statistics

Days on Market
-1 days
Price per Sq Ft
$236

Tax History

Year Taxes Assessment
2024 $7,320 $695,200

Financial Details

Annual Property Tax
$7,320
Tax Year 2024
HOA Fee
$1,155
Monthly
Assessed Value
$695,200

Listing Information

Listing Agent ResCo Team
Listing Office Gibson Sotheby's International Realty
Agent MLS ID TM007512
Office MLS ID BB5918
Listing Data Updated Jul 20, 2024 9:36 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

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