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150 Lynnway # 107, Lynn MA 01902

Lynn, MA 01902
$545,000
3
Beds
2.5
Baths
2,313
Sq Ft
$236
Price/Sq Ft
4.34
Acres
1986
Year Built
1
Garage Space
-1
Days on Market
Closed Listed Jun 23, 2024 • MLS# 73256317 Copied! • Updated Jul 20, 2024

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

This Property
$236/sq ft
Area Average
$219/sq ft
Difference
+7.7%

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

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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Recently Sold Nearby

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

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

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
Garage Spaces 1
Has Garage Yes
Features Attached, Under, Garage Door Opener, Deeded, Off Street
Total Spaces 2
Electric 220 Volts, Circuit Breakers, 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Dryer
Annual Tax $7,320
Assessed Value $695,200

HOA & Community

HOA Fee $1,155 Monthly
Fee Includes Water, Sewer, Insurance, Security, Maintenance Structure, Snow Removal, Trash, Reserve Funds
Amenities Fitness Center
Optional Fee Includes None
Seller Disclosures Photos Have Been Staged Virtually.
Possession None
Accepted Financing Contract
Structure Type ["High-Rise"]
Unit/Building 107
Sq Ft Source Public Record
Sq Ft Disclosures Doesnt include expansive prvt terrace overlooking ocean. 3rd bedroom has been converted to office.
Documents Master Deed, Rules & Regs (2)
County Essex
Total market time (incl. prior listings) 93 days

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

Room Details

First Floor

Bathroom1
8 x 4.916666666
Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
Dining Room
32 x 15.666666666
Flooring - Wood, Open Floorplan
Kitchen
11.5 x 16.25
Flooring - Stone/Ceramic Tile, Dining Area
Bathroom2
8 x 4.916666666
Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
Bedroom2
16.416666666 x 12.416666666
Bathroom - Full, Closet, Flooring - Wall to Wall Carpet
Living Room
21.75 x 15.666666666
Flooring - Wall to Wall Carpet, Balcony / Deck, Open Floorplan
Master Bedroom
16.416666666 x 12.083333333
Bathroom - Full, Closet, Flooring - Wall to Wall Carpet
Office
9.25 x 19.5
Closet, Flooring - Wood

Other Floor

Bedroom5
Bedroom4
Bedroom3
Bathroom3
5 x 4.916666666
Bathroom - Half, Flooring - Stone/Ceramic Tile
Family Room
Master Bathroom
Yes

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
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
C-
E. J. Harrington Elementary School
0.4 mi | #717 of 824 | Score: 34.2
Improved 76 spots from last year
-24 below state avg
687 students Moderate
Rising School
Grades PK-05
C
Washington Elementary School
0.7 mi | #646 of 824 | Score: 38.4
Improved 125 spots from last year
-19.8 below state avg
453 students Moderate
Rising School
Grades K-05
C-
Lynn Vocational Technical Institute
0.7 mi | #284 of 346 | Score: 42.8
Improved 50 spots from last year
-15.5 below state avg
1,584 students Moderate
Early College Program Rising School Career Tech Programs
Grades PK-12
M

Middle Schools

2 schools
C-
Thurgood Marshall Middle School
1.0 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
2.1 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
B
Fredrick Douglass Collegiate Academy
0.1 mi | #12 of 25 | Score: 33.4
Improved 330 spots from last year
-24.8 below state avg
235 students Moderate
Early College Program Rising School
Grades 06-12
St. Mary's High School
0.6 mi
Grades 07-12
City Arts & Sciences Academy at Fecteau-Leary
0.8 mi
Grades 06-12
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Location

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Neighborhood

150 Lynnway # 107, Lynn MA 01902

Lynn, MA 01902

Listing Information

Listing Agent ResCo Team
Listing Office Gibson Sotheby's International Realty
Office Phone 617-426-6900
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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