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589 Essex St # 102, Lynn MA 01901

Lynn, MA 01901
$390,000
2
Beds
1
Baths
1,119
Sq Ft
$349
Price/Sq Ft
0.58
Acres
1823
Year Built
1
Parking
126
Days on Market
Closed Listed Nov 5, 2025 • MLS# 73451729 Copied! • Updated Apr 15, 2026

Sale Statistics

Sale Overview
Original List Price: $419,000
Final Sale Price: $390,000
Difference: $29,000 (-6.9%)
Performance Metrics
93.1%
List to Sale Ratio
Sold below asking price
126
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $374
Sale $/sq ft: $349
This property sold for $349 per square foot
Sale Summary

This property sold for 6.9% below the original asking price.

At 126 days on market, this property took longer than average to sell.

Nearby Sales Comparison

Based on 2 similar properties sold within 0.5 miles in the last 90 days

This Property
$349/sq ft
Area Average
$335/sq ft
Difference
+4.1%

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

About this home

Stunning condo at Sloan Machinery Lofts! Experience the perfect blend of historic charm and modern comfort in this beautiful 2 bedroom, 1 bath unit. Featuring soaring ceilings, oversized windows, and exposed brick, beams, and ductwork, this unique home captures the true essence of loft living. The open-concept kitchen with granite counters and stainless steel appliances, dining area, and living room create an ideal space for entertaining or relaxing. Enjoy hardwood floors throughout, in-unit washer/dryer hookup, and central air for year round comfort. As a corner unit, you’ll love the abundant natural light and privacy that sets this home apart! Pet friendly, prof managed building w/secure entry and deeded parking spot #1 located right outside your door. Perfectly positioned in the heart of historic Lynn, this home sits just 0.4 miles from the Commuter Rail and minutes from the city’s vibrant restaurants, shops, beaches, museum and cultural spots, and Lynn Woods for outdoor enjoyment!

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Recently Sold Nearby

Property History

Market Insights

1
Price Changes
15.3%
Price Range
131
Total Days on Market
1
Previous Sales

Property Timeline

Sold
Apr 15, 2026
$390,000
Property sold
Days on Market: 131
📋
Status: Active under contract
Mar 2, 2026
Active → Active Under Contract
Pending Sale
Mar 1, 2026
Offer accepted, sale pending
Price Reduced
Jan 28, 2026
$399,000 $20,000 (-4.77%)
From $419,000 to $399,000 (-4.8%)
🏠
Listed for Sale
Nov 5, 2025
$399,000
Original listing
Agent: McGlynn & Nigro Team Office: Berkshire Hathaway HomeServices Commonwealth Real Estate
🏠
Listed for Sale
Nov 5, 2025
$419,000
Original listing
Office: Berkshire Hathaway HomeServices Commonwealth Real Estate
Previous Transaction - MLS #72804031
Full transaction history available when tracking began
🏷️
Previously Sold
Jun 16, 2021
$355,000
MLS #72804031

Tax History

Year Taxes Assessment
2026 $3,944 $421,600

Financial Details

Annual Property Tax
$3,944
Tax Year 2026
HOA Fee
$378
Monthly
Assessed Value
$421,600

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1823
Living Area 1,119 sq ft
Lot Size 0.58 acres
Bedrooms 2
Full Baths 1
Total Rooms 4

Interior

Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Wood, Tile, Carpet
Appliances Range, Refrigerator
Fireplace None
Basement N
Laundry First Floor, In Unit, Gas Dryer Hookup, Washer Hookup
Features None

Exterior

Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features Deeded
Total Spaces 1
Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Gas Dryer, Washer Hookup
Annual Tax $3,944
Assessed Value $421,600

HOA & Community

HOA Fee $378 Monthly
Fee Includes Water, Sewer, Insurance, Security, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
Amenities Elevator(s)
Optional Fee Includes None
Pets Yes
Seller Disclosures Parking Spot #1 Is Deeded To Unit. Master Deed Shows Unit Plans As A 2 Bedroom Unit. (see Attached In Mls) Public Record Has It Incorrectly Listed As A 1 Bedroom. Subject To Seller Finding Suitable Housing And/or A Leaseback Option.
Exclusions Washer, Dryer, Televisions, And Stainless Steel Island Excluded.
Possession None
Accepted Financing None
Structure Type ["Mid-Rise"]
Unit/Building 102
Sq Ft Source Public Record
Sq Ft Disclosures Room sizes are approximate. Floor plans done for marketing purposes only.
Documents None
County Essex
Total market time (incl. prior listings) 131 days

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1823
Bedrooms
2
Full Bathrooms
1
Living Area
1,119 sq ft
Total Rooms
4
Stories
1
Entry Level
1

Room Details

First Floor

Bathroom1
Bathroom - Full, Flooring - Stone/Ceramic Tile
Kitchen
15 x 7
Flooring - Wood, Dining Area, Countertops - Stone/Granite/Solid, Open Floorplan, Stainless Steel Appliances, Gas Stove, Lighting - Pendant
Bedroom2
12 x 9
Closet, Flooring - Hardwood
Living Room
18 x 17
Ceiling Fan(s), Flooring - Wood, Cable Hookup, Open Floorplan
Master Bedroom
15 x 13
Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet

Other Floor

Bedroom5
Bedroom4
Bedroom3
Dining Room
Bathroom2
Bathroom3
Office
Family Room
Master Bathroom

Interior Features

Flooring: Wood, Tile, Carpet
Appliances: Range, Refrigerator
Interior Features:
Windows:
Basement: N
Laundry: First Floor, In Unit, Gas Dryer Hookup, Washer Hookup
Security: Intercom, TV Monitor

Construction & Materials

Year Built: 1823
Effective Year (Renovated): 2005
Structure Type: Mid-Rise
Exterior Materials:
Roof:
Foundation:
Stories: 1

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:

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 1
Parking Features: Deeded

Nearby Schools

School information not available for this location.

Location

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Neighborhood

589 Essex St # 102, Lynn MA 01901

Lynn, MA 01901

Listing Information

Listing Agent McGlynn & Nigro Team
Listing Office Berkshire Hathaway HomeServices Commonwealth Real Estate
Office Phone 781-729-7777
Agent MLS ID TM319966
Office MLS ID AN4874
Listing Data Updated Apr 15, 2026 1:17 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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Market Analytics for Lynn, MA

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