88 Franklin St # 101, Lynn MA 01902

Lynn, MA 01902

$349,000

Beds

Baths

1,195

Sq Ft

$292

Price/Sq Ft

1890

Year Built

Parking

Condominium

Type

104

Days on Market

Sold Listed Aug 29, 2024 • MLS# 73283018 Copied! • Updated Jan 7, 2025

Track this home for price, status, and open-house alerts.

Sale Statistics

Sale Overview

Original List Price: $399,000

                            Final Sale Price:
                            $349,000
                        

Difference: $50,000 (-12.5%)

Performance Metrics

87.5%

List to Sale Ratio

Sold below asking price

104

Days on Market

Extended listing

Price per Square Foot Analysis

Original $/sq ft: $334

                            Sale $/sq ft:
                            $292
                        

This property sold for $292 per square foot

Sale Summary

This property sold for 12.5% below the original asking price.

At 104 days on market, this property took longer than average to sell.

Nearby Sales Comparison

Based on 8 similar properties sold within 0.5 miles in the last 90 days

This Property

$292/sq ft

Area Median

$374/sq ft

Difference

21.9%

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

About this home

Welcome to Ladder 3 Lofts. Roll up your sleeves and make this unit shine once more! You will be stepping into a piece of history with this one-of-a-kind, converted firehouse loft. This 2 bedroom 1 bath unit boasts 14-foot tall ceilings, genuine maple hardwood floors, and an abundance of natural sunlight. This is a rare find that perfectly blends historic charm with modern living. The layout is cozy yet spacious, especially with those high ceilings. Open concept floor plan for you to install the kitchen of your dreams! Your own private oasis awaits on the private patio area which is perfect for morning coffee or evening relaxation with a good book. Located in a vibrant neighborhood with easy access to local amenities. Comes with 2 parking spots, a dedicated storage space and pet friendly! This property offers the perfect combination of history, style, and convenience. With a little TLC this unit will be sure to impress.

Public Records & Permits

BMN Estimate

Get the number an algorithm can't give you

A free agent CMA factors in condition, upgrades, and the street — the things comps alone can't see.

Recently Sold Nearby

Property History

Market Insights

105

Total Days on Market

Property Timeline

✓

Sold

Jan 6, 2025

$349,000

Property sold

Days on Market: 105

🏠

Listed for Sale

Aug 29, 2024

$349,000

Original listing

Agent: Chloe Brown Office: eXp Realty

Date	Event	Price	Change	$/sqft	Details
01/06/2025	✓ Sold	$349,000	-	-	Property sold
08/29/2024	🏠 Listed for Sale	$349,000	-	-	Original listing

Tax History

Year	Taxes	Assessment
2024	$3,117	$296,000

Financial Details

Annual Property Tax

$3,117

Tax Year 2024

HOA Fee

$407

Monthly

Assessed Value

$296,000

Facts & Features

Central AC

Home Facts

Type Residential

Style Condominium

Year Built 1890

Living Area 1,195 sq ft

Bedrooms 2

Full Baths 1

Total Rooms 4

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Flooring Wood, Tile

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

Fireplace None

Basement Y

Laundry First Floor, In Unit, Washer Hookup

Features None

Exterior

Construction Brick

Architecture None

Roof Shingle

Features Patio - Enclosed

Pool None

Spa None

Fencing None

Patio/Porch Patio - Enclosed

Parking

Features Off Street, Deeded, Exclusive Parking

Total Spaces 2

Utilities

Electric Circuit Breakers

Water Public

Sewer Public Sewer

Gas None

Other For Gas Range, Washer Hookup

Financial

Annual Tax $3,117

Assessed Value $296,000

HOA & Community

HOA Fee $407 Monthly

Fee Includes Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash

Amenities None

Optional Fee Includes None

MA Disclosures

Seller Disclosures None

Additional Details

Possession None

Accepted Financing None

Structure Type ["Garden"]

Unit/Building 101

Sq Ft Source Public Record

Documents Master Deed, Unit Deed, Rules & Regs, Management Association Bylaws, Association Financial Statements, Certificate Of Insurance (6)

County Essex

Total market time (incl. prior listings) 105 days

Property Overview

Property Type

Condominium

Listing Type

Sold

Year Built

1890

Bedrooms

Full Bathrooms

Living Area

1,195 sq ft

Total Rooms

Stories

Entry Level

Floor Layout

Interior Features

Flooring: Wood, Tile

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

Interior Features:

Windows:

Basement: Y

Laundry: First Floor, In Unit, Washer Hookup

Security: Intercom

Construction & Materials

Year Built: 1890

Effective Year (Renovated): 2006

Structure Type: Garden

Exterior Materials: Brick

Roof: Shingle

Foundation:

Stories: 1

Heating, Cooling & Utilities

Heating: 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: Patio - Enclosed

Patio & Porch: Patio - Enclosed

Fencing:

Other Structures:

Lot Features:

Road Surface:

Parking & Garage

Total Parking Spaces: 2

Parking Features: Off Street, Deeded, Exclusive Parking

Nearby Schools

School information not available for this location.

Location

Loading map...

Neighborhood

88 Franklin St # 101, Lynn MA 01902

Lynn, MA 01902

Listing Information

Listing Agent Chloe Brown

Listing Office eXp Realty LLC

Office Phone 888-854-7493

Agent MLS ID CN239990

Office MLS ID AN6820

Listing Data Updated Jan 7, 2025 10:58 AM EST

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

Ask about this property — free, no obligation.