589 Essex Street # 302, Lynn MA 01901

Lynn, MA 01901

$475,000

Beds

Baths

1,229

Sq Ft

$386

Price/Sq Ft

1823

Year Built

Garage Space

Condominium

Type

Days on Market

Sold Listed Jul 9, 2024 • MLS# 73262133 Copied! • Updated Sep 5, 2024

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Sale Statistics

Sale Overview

Original List Price: $475,000

                            Final Sale Price:
                            $475,000
                        

Difference: +$0 (+0.0%)

Performance Metrics

100.0%

List to Sale Ratio

Sold at asking price

Days on Market

Quick sale

Price per Square Foot Analysis

Original $/sq ft: $386

                            Sale $/sq ft:
                            $386
                        

This property sold for $386 per square foot

Sale Summary

This property sold exactly at the asking price.

With only 28 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

$386/sq ft

Area Median

$353/sq ft

Difference

+9.3%

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

About this home

Your vibrant, city lifestyle awaits at Lynn’s sought after Sloan Machinery Lofts. A great investment opportunity! Just 10 miles from Boston & .5 miles to the train. This sun-splashed, corner brick & beam loft boasts a versatile, open concept layout w/12 oversized windows overlooking the city, 12’ ceilings, warm oak floors, a granite/stainless chef’s kitchen, W/D, central A/C, custom shades, & a tankless Navien hot water heater. The generous main bedroom features cork floors and a custom 6’x7’ walk-in closet. The 2nd bedroom has a double closet & French doors that open to the living/dining area. Don’t miss the oversized garage parking w/plenty of room for storage. The building is professionally managed, pet friendly, & has a ButterflyMX intercom system, new roof & an elevator. This home is walking distance to Lynn’s finest restaurants, shopping, museums, beaches, the commuter rail, & ferry. Only a short drive to Boston, the MBTA, Logan Airport, & major highways.

Public Records & Permits

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Recently Sold Nearby

Property History

Market Insights

43.2%

Price Range

Total Days on Market

Previous Sales

Property Timeline

✓

Sold

Aug 30, 2024

$475,000

Property sold

Days on Market: 31

🏠

Listed for Sale

Jul 10, 2024

$475,000

Original listing

Agent: Theresa DiPiro Office: Churchill Properties

Previous Transaction - MLS #71956973

Full transaction history available when tracking began

🏷️

Previously Sold

Apr 14, 2016

$270,000

MLS #71956973

View Listing →

Date	Event	Price	Change	$/sqft	Details
08/30/2024	✓ Sold	$475,000	-	-	Property sold
07/10/2024	🏠 Listed for Sale	$475,000	-	-	Original listing
04/14/2016	🏷️ Previously Sold	$270,000	-	-	MLS #71956973

Tax History

Year	Taxes	Assessment
2024	$4,238	$402,500

Financial Details

Annual Property Tax

$4,238

Tax Year 2024

HOA Fee

$445

Monthly

Assessed Value

$402,500

Facts & Features

1 Car Garage

Central AC

Home Facts

Type Residential

Style Condominium

Year Built 1823

Living Area 1,229 sq ft

Bedrooms 2

Full Baths 1

Total Rooms 3

Interior

Heating Central, Forced Air, Natural Gas

Cooling Central Air

Flooring Wood, Tile, Other

Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer

Fireplace None

Basement N

Laundry First Floor, In Unit

Features None

Exterior

Construction Brick

Architecture None

Roof Rubber

Features City View(s)

Pool None

Spa None

Fencing None

Patio/Porch None

Parking

Garage Spaces 1

Has Garage Yes

Features Attached, Garage Door Opener, Heated Garage, Deeded

Total Spaces 1

Utilities

Electric None

Water Public

Sewer Public Sewer

Gas None

Other None

Financial

Annual Tax $4,238

Assessed Value $402,500

HOA & Community

HOA Fee $445 Monthly

Fee Includes Water, Sewer, Insurance, Maintenance Structure, Snow Removal, Trash, Reserve Funds

Amenities Elevator(s)

Optional Fee Includes None

MA Disclosures

Seller Disclosures Sellers To Pay Outstanding 11k Assessment For New Roof In 2023. Owners Parked 2 Cars In Oversized Deeded Garage Spot.

Additional Details

Possession None

Accepted Financing None

Structure Type ["Loft"]

Unit/Building 302

Sq Ft Source Public Record

Sq Ft Disclosures approximate

Documents None

County Essex

Total market time (incl. prior listings) 31 days

Property Overview

Property Type

Condominium

Listing Type

Sold

Year Built

1823

Bedrooms

Full Bathrooms

Living Area

1,229 sq ft

Total Rooms

Stories

Entry Level

Floor Layout

Interior Features

Flooring: Wood, Tile, Other

Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer

Interior Features:

Windows:

Basement: N

Laundry: First Floor, In Unit

Security: Other

Construction & Materials

Year Built: 1823

Structure Type: Loft

Exterior Materials: Brick

Roof: Rubber

Foundation:

Stories: 1

Heating, Cooling & Utilities

Heating: Central, Forced Air, Natural Gas

Heating Zones: 1

Cooling: Central Air

Cooling Zones: 1

Hot Water:

Water Source: Public

Sewer: Public Sewer

Energy Features:

Exterior & Lot

Exterior Features: City View(s)

Patio & Porch:

Fencing:

Other Structures:

Lot Features:

Road Surface:

Parking & Garage

Garage Spaces: 1

Garage Type: Attached

Total Parking Spaces: 1

Parking Features: Attached, Garage Door Opener, Heated Garage, Deeded

Special Features

View: Yes

View Type: City

Community Amenities: Public Transportation, Shopping, Medical Facility, Highway Access, House of Worship, Private School, Public School

Nearby Schools

School information not available for this location.

Location

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Neighborhood

589 Essex Street # 302, Lynn MA 01901

Lynn, MA 01901

Listing Information

Listing Office Churchill Properties

Office Phone 978-572-1966

Agent MLS ID BB808320

Office MLS ID AN6958

Listing Data Updated Sep 5, 2024 3:47 PM EDT

Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

BMN Boston Real Estate

Douglas Elliman

(617) 955-2224 contact@bmnboston.com

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