51 River St, Lynn MA 01905

Lynn, MA 01905
$520,000
Est. $2,768/month
3
Beds
1
Baths
1,132
Sq Ft
$459
Price/Sq Ft
0.08
Acres
1920
Year Built
Single Family Residence
Type
16
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73309829

About this home

A sunny, renovated 3-bedroom home, a spectacular fenced in yard and a driveway for 2-3 cars.. All this for under 500k - might be the best deal in town! This updated 3-bedroom home has a great flow. A large living room, dining room, kitchen, office and guest room complete the first level. Upstairs are two massive bedrooms, both with extra large closets. The yard is exceptional - huge and open, completely fenced in for privacy. There is a dining area, 2 large sheds, raised gardening bed, and a 6-person hot tub that is included with the home. Next to the fenced in yard is your private driveway. The basement is clean and spacious with good ceiling height and a separate laundry area. Lower level has great potential for expansion. Private showings by appointment.

Sale Statistics

Sale Overview
Original List Price: $499,900
Final Sale Price: $520,000
Difference: +$20,100 (+4.0%)
Performance Metrics
104.0%
List to Sale Ratio
Sold above asking price
16
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $442
Sale $/sq ft: $459
This property sold for $459 per square foot
Sale Summary

This property sold for 4.0% above the original asking price, indicating strong buyer demand.

With only 16 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
Single Family Residence
Property Category
Residential
Year Built
1920
Bedrooms
3
Full Bathrooms
1
Living Area
1,132 sq ft
Total Rooms
7

Interior Features

Heating
Forced Air, Natural Gas
Has Heating
Yes
Cooling
None
Has Cooling
No
Has Fireplace
No

Exterior & Structure

Architectural Style
Colonial
Foundation
Block
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.08 acres
Lot Size
3,517 sq ft
Lot Size Area
0.0800
Lot Features
Level

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
3

Utilities & Systems

Water Source
Public
Sewer
Public Sewer

Community & HOA

HOA
No
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$4,412
Tax Year
2024
Tax Assessed Value
$419,000
Parcel Number
M:019 B:302 L:007,1994226
Zoning
R4

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Attached Property
No
Disclosures
Agent has ownership interest. One bedroom does not have closet. In flood zone because near river. Quote in hand for $2628 annual flood insurance. Seller has right to accept offer at any time.

Location

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Neighborhood

51 River St, Lynn MA 01905

Lynn, MA 01905

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $368
Homeowners Insurance $200
PMI $0

Property History

Market Insights

33.1%
Price Range
17
Total Days on Market
1
Previous Sales

Property Timeline

Sold
Dec 27, 2024
$520,000
Property sold
Days on Market: 17
🏠
Listed for Sale
Nov 5, 2024
$499,900
Original listing
Agent: David Gradus Office: Boston Realty Consultants, Inc
Previous Transaction - MLS #73255410
Full transaction history available when tracking began
🏷️
Previously Sold
Aug 16, 2024
$348,000
MLS #73255410

Price & Status History

Date Event Price Change
Nov 5, 2024 New Listing Added $499,900
Aug 16, 2024 Sold $348,000

Market Statistics

Days on Market
16 days
Price per Sq Ft
$459

Tax History

Year Taxes Assessment
2024 $4,412 $419,000

Financial Details

Annual Property Tax
$4,412
Tax Year 2024
Assessed Value
$419,000

Listing Information

Listing Agent David Gradus
Listing Office Boston Realty Consultants, Inc
Agent MLS ID BB807966
Office MLS ID NB2636

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