559 Summer Street # R8, Lynn MA 01905

Lynn, MA 01905 • West Lynn
$583,000
3
Beds
3
Baths
2,019
Sq Ft
$289
Price/Sq Ft
2019
Year Built
2
Parking
40
Days on Market
Sold Listed Oct 29, 2024 • MLS# 73307223 Copied! • Updated Jan 10, 2025

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Sale Statistics

Sale Overview
Original List Price: $599,000
Final Sale Price: $583,000
Difference: $16,000 (-2.7%)
Performance Metrics
97.3%
List to Sale Ratio
Sold below asking price
40
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $297
Sale $/sq ft: $289
This property sold for $289 per square foot
Sale Summary

This property sold for 2.7% below the original asking price.

The property spent 40 days on market before selling.

Nearby Sales Comparison

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

This Property
$289/sq ft
Area Median
$356/sq ft
Difference
18.9%

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

About this home

Experience luxury living in this spacious 3-bedroom, 3-bathroom condo, one of the largest units in the LUXE @ Summer Street development. Spread across the 2nd and 3rd floors, this thoughtfully designed home offers generous living space and modern conveniences throughout. The open kitchen features quartz countertops, graphite appliances, custom cabinetry, and a 5-burner gas range, perfect for entertaining. Natural light fills the expansive living and dining areas, making this home both welcoming and functional. Enjoy the convenience of in-unit laundry and 2 parking spaces. Energy-efficient windows, central air, and soundproof partition walls ensure year-round comfort and privacy. The primary suite includes an en-suite bath with double vanity, rain shower and WIC, creating a perfect retreat. Located in the desirable West Lynn area, this home is close to major commuter routes and local amenities, with pets allowed.

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Recently Sold Nearby

Property History

Market Insights

22.8%
Price Range
42
Total Days on Market
1
Previous Sales

Property Timeline

Sold
Jan 7, 2025
$583,000
Property sold
Days on Market: 42
🏠
Listed for Sale
Oct 29, 2024
$580,000
Original listing
Agent: Sherwood & Company Team Office: Compass
Previous Transaction - MLS #72737411
Full transaction history available when tracking began
🏷️
Previously Sold
Nov 9, 2020
$450,000
MLS #72737411

Tax History

Year Taxes Assessment
2024 $5,422 $514,900

Financial Details

Annual Property Tax
$5,422
Tax Year 2024
HOA Fee
$445
Monthly
Assessed Value
$514,900

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 2019
Living Area 2,019 sq ft
Bedrooms 3
Full Baths 3
Total Rooms 6

Interior

Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Wood, Tile
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Basement N
Laundry Third Floor, Gas Dryer Hookup
Features None

Exterior

Construction Frame
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Has Garage Yes
Features Assigned, Off Street
Total Spaces 2
Electric 220 Volts, Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Gas Dryer
Annual Tax $5,422
Assessed Value $514,900

HOA & Community

HOA Fee $445 Monthly
Fee Includes Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
Amenities None
Optional Fee Includes None
Seller Disclosures Property Is Vacant, Pictures Are Virtually Staged. Floors Still Need Final Coats Of Poly.
Possession None
Accepted Financing Contract
Structure Type ["Attached"]
Unit/Building R8
Sq Ft Source Public Record
Documents Master Deed, Rules & Regs, Floor Plans (3)
County Essex
Total market time (incl. prior listings) 42 days

Property Overview

Property Type
Condominium
Listing Type
Sold
Year Built
2019
Bedrooms
3
Full Bathrooms
3
Living Area
2,019 sq ft
Total Rooms
6
Stories
2
Entry Level
2

Floor Layout

Interior Features

Flooring: Wood, Tile
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features:
Windows: Insulated Windows
Basement: N
Laundry: Third Floor, Gas Dryer Hookup
Security:

Construction & Materials

Year Built: 2019
Structure Type: Attached
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 2

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: Thermostat

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 2
Parking Features: Assigned, Off Street
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
A. Drewicz Elementary School
0.2 mi | #600 of 824 | Score: 40.9
Improved 84 spots from last year
-17.3 below state avg
488 students Moderate
Rising School
Grades K-05
Sacred Heart Elementary School
0.5 mi
Grades PK-08
C-
Wm. P. Connery Elementary School
0.5 mi | #719 of 824 | Score: 34.2
Improved 75 spots from last year
-24.1 below state avg
563 students Moderate
Rising School
Grades K-05
M

Middle Schools

2 schools
C+
Pickering Middle School
2.0 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
C-
Thurgood Marshall Middle School
2.3 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
H

High Schools

3 schools
C-
Classical High School
0.9 mi | #302 of 346 | Score: 37.9
Improved 51 spots from last year
-20.3 below state avg
1,795 students Moderate
Early College Program Rising School Career Tech Programs
Grades 09-12
City Arts & Sciences Academy at Fecteau-Leary
0.9 mi
Grades 06-12
B-
Harold Durgin Success Academy
0.9 mi | #16 of 25 | Score: 30.4
Improved 329 spots from last year
-27.8 below state avg
94 students Diverse
Rising School Career Tech Programs
Grades 09-12
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Location

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Neighborhood

West Lynn

559 Summer Street # R8, Lynn MA 01905

Lynn, MA 01905

Listing Information

Listing Agent Sherwood & Company Team
Listing Office Compass
Office Phone 617-206-3333
Agent MLS ID TM352103
Office MLS ID AN2383
Listing Data Updated Jan 10, 2025 12:49 PM 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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