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16 Margin St # 5, Lynn MA 01905

Lynn, MA 01905
$399,999
Est. $3,044/month
3
Beds
2
Baths
1,249
Sq Ft
$320
Price/Sq Ft
0.41
Acres
2006
Year Built
7 hours 25 minutes
Time on Market
Active Open House Listed Jun 11, 2026 • MLS# 73534351 Copied!

About this home

Beautifully updated 3-bedroom, 2-bath condo offering style, comfort, and convenience. The renovated kitchen features quartz countertops, marble backsplash, stainless steel appliances, gas cooking, and a custom peninsula with seating and extra storage. The open-concept layout flows into a spacious living area, perfect for everyday living and entertaining. Both bathrooms have been updated, including the primary bath with a walk-in shower, quartz vanity, and modern fixtures. The primary suite also features a large custom closet system, while the additional bedrooms offer expanded closet space. Additional highlights include in-unit laundry, smart thermostat, updated lighting, ceiling fans, newer appliances, and deeded parking. Conveniently located near shopping, dining, public transportation, and major commuter routes, this move-in-ready home offers exceptional value and easy living.

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Property Overview

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

Open House Schedule

13
Jun
Saturday, June 13
11:00 AM - 1:00 PM EDT
14
Jun
Sunday, June 14
11:00 AM - 1:00 PM EDT

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 2006
Living Area 1,249 sq ft
Lot Size 0.41 acres
Bedrooms 3
Full Baths 2
Total Rooms 5

Interior

Heating Forced Air, Natural Gas
Cooling Central Air
Flooring None
Appliances Range, Disposal, Microwave, Energy Star Qualified Refrigerator, Energy Star Qualified Dryer, Energy Star Qualified Dishwasher, Energy Star Qualified Washer, Oven, Other
Fireplace None
Basement N
Laundry None
Features None

Exterior

Construction None
Architecture None
Roof Rubber
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features Deeded
Total Spaces 1

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $4,036
Assessed Value $389,600

Interior Features

Flooring:
Appliances: Range, Disposal, Microwave, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Washer, Oven, Other
Interior Features:
Windows:
Basement: N
Laundry:
Security:

Construction & Materials

Year Built: 2006
Structure Type: Mid-Rise
Exterior Materials:
Roof: Rubber
Foundation:
Stories: 3

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas
Cooling: Central Air
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

Location

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Neighborhood

16 Margin St # 5, Lynn MA 01905

Lynn, MA 01905

Walkability

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Nearby Schools

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
Sacred Heart Elementary School
0.5 mi
Grades PK-08
C-
Lynn Vocational Technical Institute
1.1 mi | #284 of 346 | Score: 42.8
Improved 50 spots from last year
-15.5 below state avg
1,584 students Moderate
Early College Program Rising School Career Tech Programs
Grades PK-12
B-
KIPP Academy Lynn Charter School
1.6 mi | #197 of 346 | Score: 51.6
Improved 64 spots from last year
-6.6 below state avg
1,637 students Moderate
High Graduation Rate Rising School College Ready Curriculum
Grades K-12
St. Pius V Elementary School
2.1 mi
Grades PK-08
North Shore Christian School
2.4 mi
Grades PK-08
TEAMS Academy at Virginia Barton Center
2.4 mi
Grades PK-12
The Hathaway School
2.8 mi
Grades PK-08
C
A. Drewicz Elementary School
0.4 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
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
C-
Wm. P. Connery Elementary School
0.8 mi | #719 of 824 | Score: 34.2
Improved 75 spots from last year
-24.1 below state avg
563 students Moderate
Rising School
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-
Thurgood Marshall Middle School
2.5 mi | #311 of 352 | Score: 30.5
Improved 40 spots from last year
-27.7 below state avg
1,310 students Moderate
Rising School
Grades 06-08
H

High Schools

6 schools
City Arts & Sciences Academy at Fecteau-Leary
1.2 mi
Grades 06-12
St. Mary's High School
1.4 mi
Grades 07-12
B
Fredrick Douglass Collegiate Academy
1.7 mi | #12 of 25 | Score: 33.4
Improved 330 spots from last year
-24.8 below state avg
235 students Moderate
Early College Program Rising School
Grades 06-12
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
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
D
Lynn English High School
2.1 mi | #318 of 346 | Score: 33.5
Improved 37 spots from last year
-24.8 below state avg
2,062 students Moderate
18 sports • 1,425 athletes
Early College Program Rising School Career Tech Programs Strong Athletics
Grades 09-12
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Monthly Payment Calculator

Monthly Payment
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Principal, interest, taxes & insurance
Loan Amount
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After down payment
Total Interest
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Over life of loan
Total Cost
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Including down payment
%
Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $336
Homeowners Insurance $200
HOA Fee $485/mo
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

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Current Rate
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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

13.7%
Price Range
1
Previous Sales

Property Timeline

🏠
Listed for Sale
Jun 11, 2026
$399,999
Original listing
Agent: Michael Malkin Office: Redfin Corp.
Previous Transaction - MLS #72724708
Full transaction history available when tracking began
🏷️
Previously Sold
Nov 3, 2020
$345,000
MLS #72724708

Price & Status History

Date Event Price Change
Jun 11, 2026 New Listing Added $399,999
Nov 3, 2020 Sold $345,000

Market Statistics

Time on Market
7 hours 25 minutes
Price per Sq Ft
$320

Tax History

Year Taxes Assessment
2025 $4,036 $389,600

Financial Details

Annual Property Tax
$4,036
Tax Year 2025
HOA Fee
$485
Monthly
Assessed Value
$389,600

Listing Information

Listing Agent Michael Malkin
Listing Office Redfin Corp.
Agent MLS ID CN221495
Office MLS ID NB3534
Listing Data Updated Jun 11, 2026 10:46 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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Market Analytics for Lynn, MA

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