50 S Common St # 202, Lynn MA 01902

Lynn, MA 01902

$362,000

Beds

Baths

950

Sq Ft

$381

Price/Sq Ft

1.31

Acres

1988

Year Built

Parking

Condominium

Type

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

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

+9.9%

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.

Public Records & Permits

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Recently Sold Nearby

Property History

Market Insights

65.8%

Price Range

Total Days on Market

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

View Listing →

Date	Event	Price	Change	$/sqft	Details
03/21/2025	✓ Sold	$362,000	-	-	Property sold
01/22/2025	🏠 Listed for Sale	$365,000	-	-	Original listing
07/11/2016	🏷️ Previously Sold	$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

Parking

Features Off Street, Deeded, Paved

Total Spaces 1

Utilities

Electric 220 Volts, 200+ Amp Service

Water Public

Sewer Public Sewer

Gas None

Other For Electric Range

Financial

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

MA Disclosures

Seller Disclosures None

Additional Details

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

Full Bathrooms

Half Bathrooms

Living Area

950 sq ft

Total Rooms

Stories

Entry Level

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

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.

Contact Us

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Douglas Elliman

(617) 955-2224 contact@bmnboston.com

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