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50 S Common St # 202, Lynn MA 01902

Lynn, MA 01902
$362,000
2
Beds
3
Baths
950
Sq Ft
$381
Price/Sq Ft
1.31
Acres
1988
Year Built
1
Parking
18
Days on Market
Closed Listed Jan 22, 2025 • MLS# 73328446 Copied! • Updated Mar 22, 2025

Sale Statistics

Sale Overview
Original List Price: $365,000
Final Sale Price: $362,000
Difference: $3,000 (-0.8%)
Performance Metrics
99.2%
List to Sale Ratio
Sold below asking price
18
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $384
Sale $/sq ft: $381
This property sold for $381 per square foot
Sale Summary

This property sold for 0.8% below the original asking price.

With only 18 days on market, this was a quick sale compared to typical market conditions.

About this home

Welcome to the Commons of Lynn. Modern and spacious 2 bedrooms, 2 full bath condominium in well managed and maintained brick elevator building. Unit is completely done over in 2023 with brand new kitchen, bathrooms, floors, recessed lightings. Master suite with private full bathroom and walking closet. Private balcony with excess from the living room and master bedroom. Central A/C, 1 car designated parking space, and huge storage bin in the basement. Great convenient location, close to the restaurants, shops, public transportation, YMCA, library. The Lynn Shore & Nahant Beaches and parks are just minutes away.

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Recently Sold Nearby

Property History

Market Insights

65.8%
Price Range
20
Total Days on Market
1
Previous Sales

Property Timeline

Sold
Mar 21, 2025
$362,000
Property sold
Days on Market: 20
🏠
Listed for Sale
Jan 22, 2025
$365,000
Original listing
Agent: Michael Romanovsky Office: MGR Global Realty, Inc.
Previous Transaction - MLS #71981846
Full transaction history available when tracking began
🏷️
Previously Sold
Jul 11, 2016
$125,000
MLS #71981846

Tax History

Year Taxes Assessment
2024 $3,192 $303,100

Financial Details

Annual Property Tax
$3,192
Tax Year 2024
HOA Fee
$266
Monthly
Assessed Value
$303,100

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1988
Living Area 950 sq ft
Lot Size 1.31 acres
Bedrooms 2
Full Baths 2
Half Baths 2
Total Rooms 4

Interior

Heating Forced Air, Heat Pump, Electric
Cooling Central Air, Heat Pump
Flooring Tile, Laminate
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator
Fireplace None
Basement Y
Laundry In Basement, Common Area, In Building
Features None

Exterior

Construction Brick, Stone
Architecture None
Roof Rubber
Features Balcony
Pool None
Spa None
Fencing None
Patio/Porch None
Features Off Street, Deeded, Paved
Total Spaces 1
Electric 220 Volts, 200+ Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range
Annual Tax $3,192
Assessed Value $303,100

HOA & Community

HOA Fee $266 Monthly
Fee Includes Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal
Amenities Laundry, Elevator(s), Storage
Optional Fee Includes None
Seller Disclosures None
Possession None
Accepted Financing Seller W/participate
Structure Type ["High-Rise"]
Unit/Building 202
Sq Ft Source Field Card
Documents Master Deed, Rules & Regs, Management Association Bylaws, Association Financial Statements (4)
County Essex
Total market time (incl. prior listings) 20 days

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1988
Bedrooms
2
Full Bathrooms
2
Half Bathrooms
2
Living Area
950 sq ft
Total Rooms
4
Stories
1
Entry Level
2

Room Details

Second Floor

Bathroom1
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Master Bedroom

Other Floor

Bedroom5
Bedroom4
Bedroom3
Bathroom3
Office
Family Room
Master Bathroom
Yes

Interior Features

Flooring: Tile, Laminate
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator
Interior Features:
Windows: Insulated Windows
Basement: Y
Laundry: In Basement, Common Area, In Building
Security: Intercom

Construction & Materials

Year Built: 1988
Structure Type: High-Rise
Exterior Materials: Brick, Stone
Roof: Rubber
Foundation:
Stories: 1

Heating, Cooling & Utilities

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

Exterior & Lot

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

Parking & Garage

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

Nearby Schools

School information not available for this location.

Location

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Neighborhood

50 S Common St # 202, Lynn MA 01902

Lynn, MA 01902

Listing Information

Listing Agent Michael Romanovsky
Listing Office MGR Global Realty, Inc.
Office Phone 781-581-7775
Agent MLS ID C6747345
Office MLS ID C95172
Listing Data Updated Mar 22, 2025 2:04 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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