16 Margin St. # 8, Lynn MA 01905

Lynn, MA 01905
$425,000
3
Beds
2
Baths
1,249
Sq Ft
$340
Price/Sq Ft
2006
Year Built
2
Parking
17
Days on Market
Sold Listed May 15, 2026 • MLS# 73520092 Copied! • Updated Jun 26, 2026

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Sale Statistics

Sale Overview
Original List Price: $399,900
Final Sale Price: $425,000
Difference: +$25,100 (+6.3%)
Performance Metrics
106.3%
List to Sale Ratio
Sold above asking price
17
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $320
Sale $/sq ft: $340
This property sold for $340 per square foot
Sale Summary

This property sold for 6.3% above the original asking price, indicating strong buyer demand.

With only 17 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 3 similar properties sold within 0.5 miles in the last 90 days

This Property
$340/sq ft
Area Median
$381/sq ft
Difference
10.7%

This property sold below the area median, potentially representing good value for the buyer.

About this home

Move right into this beautiful unit with views of Saugus River located on a dead end street. Sun drenched unit features gleaming harwood floors, 3 bedrooms, 2 full baths, in unit laundry and open concept livingroom / kitchen perfect for entertaining. Oversized master bedroom comes with en-suite master bath and large closet, spacious additional bedrooms also have generous closets. Central A/C, 2 deeded parking, outdoor common space for grilling and relaxation, pet friendly self managed building. This fantastic location is minutes to numerous shopping venues, Rt-1, 95 and offers easy access to commuter rail and Boston (10 miles). Seller has spent over $3,000- for complete a/c and air duct cleaning services only a 1 year ago. "Seller requires post closing use & occupancy to secure alternative housing" Don't miss this under assessment priced GEM with 2 deeded parkings (#8 and #13 in back). Open House: 12-2 pm, both Saturday and Sunday.

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Recently Sold Nearby

Property History

Market Insights

33%
Price Range
19
Total Days on Market
1
Previous Sales

Property Timeline

Sold
Jun 25, 2026
$425,000
Property sold
Days on Market: 19
📋
Status: Active under contract
May 20, 2026
Active → Active Under Contract
🏠
Listed for Sale
May 15, 2026
$399,900
Original listing
Agent: Eric Ozcan Office: Center Realty
🏠
Listed for Sale
May 15, 2026
$399,900
Original listing
Agent: Eric Ozcan Office: Center Realty
Pending Sale
May 15, 2026
Offer accepted, sale pending
Previous Transaction - MLS #72220046
Full transaction history available when tracking began
🏷️
Previously Sold
Oct 13, 2017
$284,900
MLS #72220046

Tax History

Year Taxes Assessment
2026 $4,308 $418,300

Financial Details

Annual Property Tax
$4,308
Tax Year 2026
HOA Fee
$485
Monthly
Assessed Value
$418,300

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 2006
Living Area 1,249 sq ft
Bedrooms 3
Full Baths 2
Total Rooms 5

Interior

Heating Central, Forced Air, Natural Gas, Unit Control
Cooling Central Air
Flooring Hardwood
Appliances Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer, Range Hood
Fireplace None
Basement N
Laundry Second Floor, Electric Dryer Hookup, Washer Hookup
Features Internet Available - Unknown

Exterior

Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features Exclusive Parking
Total Spaces 2
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Electric Dryer, Washer Hookup
Annual Tax $4,308
Assessed Value $418,300

HOA & Community

HOA Fee $485 Monthly
Fee Includes Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash
Amenities None
Optional Fee Includes None
Owner-Occupied Units 8
Seller Disclosures Maximum 2 In-house Pets Under 35 Lbs Are Allowed Per Unit.
Possession None
Accepted Financing Contract
Structure Type ["Mid-Rise"]
Unit/Building 8
Sq Ft Source Public Record
Documents None
County Essex
Total market time (incl. prior listings) 19 days

Property Overview

Property Type
Condominium
Listing Type
Sold
Year Built
2006
Bedrooms
3
Full Bathrooms
2
Living Area
1,249 sq ft
Total Rooms
5
Stories
1
Entry Level
2

Floor Layout

Interior Features

Flooring: Hardwood
Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer, Range Hood
Interior Features: Internet Available - Unknown
Windows: Insulated Windows
Basement: N
Laundry: Second Floor, Electric Dryer Hookup, Washer Hookup
Security: Intercom

Construction & Materials

Year Built: 2006
Structure Type: Mid-Rise
Exterior Materials:
Roof:
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Central, Forced Air, Natural Gas, Unit Control
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: 2
Parking Features: Exclusive Parking
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

3 schools
C
A. Drewicz Elementary School
0.5 mi | #600 of 824 | Score: 40.9
Improved 84 spots from last year
-17.3 below state avg
488 students Moderate
Rising School
Grades K-05
Sacred Heart Elementary School
0.5 mi
Grades PK-08
C-
Lincoln-Thomson School
0.7 mi | #716 of 824 | Score: 34.3
Dropped 1 spots from last year
-23.9 below state avg
219 students Diverse
Grades K-05
M

Middle Schools

2 schools
C+
Pickering Middle School
2.2 mi | #226 of 352 | Score: 38.6
Improved 81 spots from last year
-19.6 below state avg
583 students Diverse
Rising School
Grades 06-08
C+
Saugus Middle School
2.4 mi | #248 of 352 | Score: 36.3
Improved 63 spots from last year
-21.9 below state avg
616 students Diverse
Rising School Diverse Student Body
Grades 06-08
H

High Schools

3 schools
C-
Classical High School
0.7 mi | #302 of 346 | Score: 37.9
Improved 51 spots from last year
-20.3 below state avg
1,795 students Moderate
Early College Program Rising School Career Tech Programs
Grades 09-12
City Arts & Sciences Academy at Fecteau-Leary
1.2 mi
Grades 06-12
B-
Harold Durgin Success Academy
1.2 mi | #16 of 25 | Score: 30.4
Improved 329 spots from last year
-27.8 below state avg
94 students Diverse
Rising School Career Tech Programs
Grades 09-12
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Location

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Neighborhood

16 Margin St. # 8, Lynn MA 01905

Lynn, MA 01905

Listing Information

Listing Agent Eric Ozcan
Listing Office Center Realty
Office Phone 617-924-1191
Agent MLS ID BB300587
Office MLS ID BB9250
Listing Data Updated Jun 26, 2026 12:48 AM 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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