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406 Broadway # 104, Lynn MA 01904

Lynn, MA 01904
$330,000
Est. $2,454/month
1
Beds
1
Baths
895
Sq Ft
$369
Price/Sq Ft
0.41
Acres
1980
Year Built
21
Days on Market
Closed Listed Aug 26, 2024 • MLS# 73281920 Copied!

About this home

Why rent when you can own this condominium unit on Flax Pond in Lynn? Conveniently located just minutes from public transportation, highway, shopping restaurants and schools, this condominium offers a private in ground pool, gorgeous views of Flax Pond and so much more! Come inside this spacious 1 bedroom, 1 bathroom Unit to find the open floor plan offering, formal dining room, kitchen and large living room! The balcony off the living room gives you a private oasis in a bustling city! The laundry is located on the same floor. The bedroom offers a generous closet space and large windows. Additional features include private storage in the building and a sliding glass door to the balcony. Join us to see this beautifully maintained Condominium Unit.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1980
Bedrooms
1
Full Bathrooms
1
Living Area
895 sq ft
Total Rooms
3
Stories
1
Entry Level
3
Main Level Bedrooms
1

Sale Statistics

Sale Overview
Original List Price: $309,000
Final Sale Price: $330,000
Difference: +$21,000 (+6.8%)
Performance Metrics
106.8%
List to Sale Ratio
Sold above asking price
21
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $345
Sale $/sq ft: $369
This property sold for $369 per square foot
Sale Summary

This property sold for 6.8% above the original asking price, indicating strong buyer demand.

With only 21 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
$369/sq ft
Area Average
$515/sq ft
Difference
28.4%

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

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1980
Living Area 895 sq ft
Lot Size 0.41 acres
Bedrooms 1
Full Baths 1
Total Rooms 3

Interior

Heating Heat Pump, Electric
Cooling Central Air
Flooring Wood, Laminate
Appliances Range, Dishwasher, Refrigerator
Fireplace None
Basement N
Laundry Common Area, In Building
Features None

Exterior

Construction Brick
Architecture None
Roof Shingle
Features Balcony, Tennis Court(s)
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features Off Street, Deeded, Guest
Total Spaces 1

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range

Financial

Annual Tax $2,762
Assessed Value $259,900

Interior Features

Flooring: Wood, Laminate
Appliances: Range, Dishwasher, Refrigerator
Interior Features:
Windows:
Basement: N
Laundry: Common Area, In Building
Security:

Construction & Materials

Year Built: 1980
Effective Year (Renovated): 1980
Structure Type: Low-Rise
Exterior Materials: Brick
Roof: Shingle
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Heat Pump, Electric
Heating Zones: 1
Cooling: Central Air
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Balcony, Tennis Court(s)
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 1
Parking Features: Off Street, Deeded, Guest

Location

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Neighborhood

406 Broadway # 104, Lynn MA 01904

Lynn, MA 01904

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 $230
Homeowners Insurance $200
HOA Fee $355/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

6.4%
Price Range
23
Total Days on Market

Property Timeline

Sold
Oct 15, 2024
$330,000
Property sold
Days on Market: 23
🏠
Listed for Sale
Aug 26, 2024
$309,000
Original listing
Agent: Bethany Pratt Office: Churchill Properties

Price & Status History

Date Event Price Change
Aug 26, 2024 New Listing Added $309,000

Market Statistics

Days on Market
21 days
Price per Sq Ft
$369

Tax History

Year Taxes Assessment
2024 $2,762 $259,900

Financial Details

Annual Property Tax
$2,762
Tax Year 2024
HOA Fee
$355
Monthly
Assessed Value
$259,900

Listing Information

Listing Agent Bethany Pratt
Listing Office Churchill Properties
Agent MLS ID CN203786
Office MLS ID AN4955
Listing Data Updated Oct 15, 2024 2:46 PM 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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