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88 Franklin St # 101, Lynn MA 01902

Lynn, MA 01902
$349,000
2
Beds
1
Baths
1,195
Sq Ft
$292
Price/Sq Ft
1890
Year Built
2
Parking
104
Days on Market
Closed Listed Aug 29, 2024 • MLS# 73283018 Copied! • Updated Jan 7, 2025

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

This Property
$292/sq ft
Area Average
$303/sq ft
Difference
3.6%

This property sold near the area average for similar homes.

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.

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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

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
Features Off Street, Deeded, Exclusive Parking
Total Spaces 2
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, Washer Hookup
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
Seller Disclosures None
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
For Sale
Year Built
1890
Bedrooms
2
Full Bathrooms
1
Living Area
1,195 sq ft
Total Rooms
4
Stories
1
Entry Level
1

Room Details

First Floor

Dining Room
Kitchen
Bedroom2
Living Room
Master Bedroom

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Bathroom2
Bathroom3
Office
Family Room
Master Bathroom

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

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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.

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