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
Sold Listed Jan 22, 2025 • MLS# 73328446 Copied! • Updated Mar 22, 2025

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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.

Nearby Sales Comparison

Based on 4 similar properties sold within 0.5 miles in the last 90 days

This Property
$381/sq ft
Area Median
$347/sq ft
Difference
+9.8%

This property sold slightly above the area median for similar homes.

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
Sold
Year Built
1988
Bedrooms
2
Full Bathrooms
2
Half Bathrooms
2
Living Area
950 sq ft
Total Rooms
4
Stories
1
Entry Level
2

Floor Layout

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
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

10 schools
C-
Lynn Vocational Technical Institute
0.3 mi | #292 of 346 | Score: 41.8
Improved 42 spots from last year
-16.4 below state avg
1,566 students Moderate
Early College Program High Graduation Rate Rising School Career Tech Programs
Grades PK-12
B-
KIPP Academy Lynn Charter School
0.4 mi | #203 of 346 | Score: 52.0
Improved 58 spots from last year
-6.2 below state avg
1,629 students Moderate
High Graduation Rate Rising School College Ready Curriculum
Grades K-12
Sacred Heart Elementary School
1.0 mi
Grades PK-08
St. Pius V Elementary School
1.2 mi
Grades PK-08
The Hathaway School
1.6 mi
Grades PK-08
North Shore Christian School
1.7 mi
Grades PK-08
TEAMS Academy at Virginia Barton Center
2.2 mi
27 students Diverse
Grades PK-12
C-
Cobbet Elementary School
0.1 mi | #698 of 825 | Score: 35.9
Improved 68 spots from last year
-22.4 below state avg
631 students Less Diverse
Rising School
Grades PK-05
C
Washington Elementary School
0.1 mi | #659 of 825 | Score: 37.9
Improved 112 spots from last year
-20.4 below state avg
453 students Moderate
Rising School
Grades K-05
C-
Wm. P. Connery Elementary School
0.4 mi | #729 of 825 | Score: 33.7
Improved 65 spots from last year
-24.5 below state avg
558 students Moderate
Rising School
Grades K-05
M

Middle Schools

2 schools
C-
Thurgood Marshall Middle School
1.4 mi | #311 of 352 | Score: 30.7
Improved 40 spots from last year
-27.5 below state avg
1,190 students Moderate
Rising School
Grades 06-08
C+
Pickering Middle School
1.6 mi | #229 of 352 | Score: 38.5
Improved 78 spots from last year
-19.7 below state avg
539 students Diverse
Rising School
Grades 06-08
H

High Schools

6 schools
City Arts & Sciences Academy at Fecteau-Leary
< 0.1 mi
259 students Moderate
Grades 06-12
St. Mary's High School
0.2 mi
Grades 07-12
B+
Fredrick Douglass Collegiate Academy
0.6 mi | #11 of 25 | Score: 34.7
Improved 331 spots from last year
-23.5 below state avg
364 students Moderate
Early College Program Rising School
Grades 06-12
B-
Harold Durgin Success Academy
< 0.1 mi | #16 of 25 | Score: 30.4
Improved 329 spots from last year
-27.8 below state avg
98 students Moderate
Rising School Career Tech Programs Strong Attendance
Grades 09-12
D
Lynn English High School
1.1 mi | #315 of 346 | Score: 35.5
Improved 40 spots from last year
-22.7 below state avg
1,727 students Moderate
18 sports • 1,425 athletes
Early College Program Rising School Career Tech Programs Strong Athletics
Grades 09-12
C-
Classical High School
1.6 mi | #304 of 346 | Score: 37.5
Improved 49 spots from last year
-20.8 below state avg
1,513 students Moderate
Early College Program Rising School Career Tech Programs
Grades 09-12
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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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