55 Addison Ave, Lynn MA 01902

Lynn, MA 01902
$566,000
$545,000
Est. $3,377/month
3
Beds
1
Baths
1,083
Sq Ft
$503
Price/Sq Ft
0.06
Acres
1925
Year Built
2
Garage Spaces
11
Days on Market
For Sale Price Drop -$21,000 Listed Aug 12, 2026 • MLS# 73562871 Copied! • Updated Aug 21, 2026

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About this home

Welcome to 55 Addison Ave! Charming East Lynn bungalow featuring refinished hardwood floors, fresh paint, an updated kitchen, flexible bonus space, and a spacious basement. Enjoy a fenced backyard, detached 2-car garage, and off-street parking. Conveniently located near shopping, parks, public transportation, and major routes. Move-in ready and full of potential—don’t miss this opportunity!

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Recently Sold Nearby

Property History

Market Insights

1
Price Changes
51.7%
Price Range
2
Previous Sales

Property Timeline

Price Reduced
Aug 22, 2026
$545,000 $21,000 (-3.71%)
From $566,000 to $545,000 (-3.7%)
🏠
Listed for Sale
Aug 12, 2026
$566,000
Original listing
Agent: Sonia Lithgow Office: Tropical Realty
Previous Transaction - MLS #73112975
Full transaction history available when tracking began
🏷️
Previously Sold
Jul 19, 2023
$465,000
MLS #73112975
Previous Transaction - MLS #72037644
Full transaction history available when tracking began
🏷️
Previously Sold
Oct 14, 2016
$273,450
MLS #72037644

Tax History

Year Taxes Assessment
2025 $5,052 $465,000

Financial Details

Annual Property Tax
$5,052
Tax Year 2025
Assessed Value
$465,000

Facts & Features

2 Car Garage
Central AC

Home Facts

Type Residential
Style Single Family Residence
Year Built 1925
Living Area 1,083 sq ft
Lot Size 0.06 acres
Bedrooms 3
Full Baths 1
Total Rooms 5

Interior

Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Tile, Carpet, Hardwood
Appliances Range, Refrigerator, Washer/dryer
Fireplace None
Fireplaces 2
Basement Full, Concrete, Unfinished
Laundry None
Features None

Exterior

Construction Conventional (2x4-2x6)
Architecture Cottage, Bungalow
Roof Shingle, Wood
Features Porch, Porch - Enclosed, Rain Gutters, Fenced Yard, Satellite Dish
Pool None
Spa None
Fencing Fenced/enclosed, Fenced
Patio/Porch Porch, Porch - Enclosed
Garage Spaces 2
Has Garage Yes
Features Detached, Paved Drive, Off Street, Paved
Total Spaces 6
Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Gas Oven
Annual Tax $5,052
Assessed Value $465,000
Fee Includes None
Amenities None
Optional Fee Includes None
Down Payment Resource Eligible
Lead Paint Yes
Seller Disclosures Electric Fireplace
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Other
Documents None
County Essex
Total market time (incl. prior listings) 9 days

Property Overview

Property Type
Single Family Residence
Listing Type
For Sale
Year Built
1925
Bedrooms
3
Full Bathrooms
1
Living Area
1,083 sq ft
Total Rooms
5

Floor Layout

Interior Features

Flooring: Tile, Carpet, Hardwood
Appliances: Range, Refrigerator, Washer/Dryer
Interior Features:
Windows: Insulated Windows, Storm Window(s)
Basement: Full, Concrete, Unfinished
Laundry:
Security:

Construction & Materials

Style: Cottage, Bungalow
Year Built: 1925
Structure Type:
Exterior Materials: Conventional (2x4-2x6)
Roof: Shingle, Wood
Foundation: Concrete Perimeter, Block, Stone

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas
Cooling: Central Air
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features: Thermostat

Exterior & Lot

Exterior Features: Porch, Porch - Enclosed, Rain Gutters, Fenced Yard, Satellite Dish
Patio & Porch: Porch, Porch - Enclosed
Fencing: Fenced/Enclosed, Fenced
Other Structures:
Lot Features: Other
Road Surface:

Parking & Garage

Garage Spaces: 2
Total Parking Spaces: 6
Parking Features: Detached, Paved Drive, Off Street, Paved

Special Features

Fireplaces: 2
Fireplace Type:
Community Amenities: Public Transportation, Shopping, Park, Laundromat, Highway Access, House of Worship, Public School
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
A-
Aborn School
0.2 mi | #226 of 824 | Score: 53.5
Improved 252 spots from last year
-4.7 below state avg
224 students Diverse
Rising School Diverse Student Body
Grades K-05
C
Hood School
0.3 mi | #617 of 824 | Score: 39.9
Improved 28 spots from last year
-18.3 below state avg
541 students Moderate
Rising School
Grades PK-05
The Hathaway School
0.6 mi
Grades PK-08
M

Middle Schools

3 schools
C-
Thurgood Marshall Middle School
0.8 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
C+
Pickering Middle School
1.3 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
B+
Swampscott Middle School
1.7 mi | #122 of 352 | Score: 47.2
Dropped 51 spots from last year
-11 below state avg
654 students Moderate
Grades PK-08
H

High Schools

3 schools
D
Lynn English High School
0.6 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
A-
Swampscott High School
0.9 mi | #98 of 346 | Score: 60.1
Dropped 66 spots from last year
+1.9 above state avg
706 students Moderate
18 sports • 1,578 athletes
Strong AP Program High Graduation Rate Career Tech Programs College Ready Curriculum
Grades 09-12
B
Fredrick Douglass Collegiate Academy
1.6 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
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $421
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

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Payment Over Time

Interest
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Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
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Location

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Neighborhood

55 Addison Ave, Lynn MA 01902

Lynn, MA 01902

Listing Information

Listing Agent Sonia Lithgow
Listing Office Tropical Realty
Office Phone 781-581-7900
Agent MLS ID BB808586
Office MLS ID NB2286
Listing Data Updated Aug 21, 2026 9:42 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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