88 Franklin # 302, Lynn MA 01902

Lynn, MA 01902
$459,900
Est. $2,448/month
2
Beds
2
Baths
2,034
Sq Ft
$226
Price/Sq Ft
1890
Year Built
Condominium
Type
29
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73257477

About this home

OPEN HOUSE CANCELLED OFFER ACCEPTED!Welcome to Ladder 3 Lofts, where history meets modern luxury! This unique 2-bedroom, 2-bathroom condo offers 2034 sq ft of stylish living space in a former firehouse, seamlessly blending character and contemporary comforts. Enjoy the expansive, airy feel with an open layout, high ceilings, and exposed brick. The updated kitchen boasts BRAND NEW stainless steel appliances, including a gas stove, sleek countertops, and ample storage. Thoughtfully installed recessed lighting ensures a bright, welcoming environment. The loft area offers additional space for an office, guest room, or lounge. Convenient in-unit laundry and efficient central heat and air make everyday living a breeze. Two dedicated parking spots provide hassle-free parking. Large windows flood the space with natural light, creating a warm and inviting atmosphere. Located in the heart of the city, this condo is not just a home; it's a lifestyle.

Sale Statistics

Sale Overview
Original List Price: $479,900
Final Sale Price: $459,900
Difference: $20,000 (-4.2%)
Performance Metrics
95.8%
List to Sale Ratio
Sold below asking price
29
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $236
Sale $/sq ft: $226
This property sold for $226 per square foot
Sale Summary

This property sold for 4.2% below the original asking price.

With only 29 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
Condominium
Property Category
Residential
Year Built
1890
Bedrooms
2
Full Bathrooms
2
Living Area
2,034 sq ft
Total Rooms
5
Stories
2
Entry Level
3

Interior Features

Flooring
Wood, Flooring - Hardwood
Heating
Central
Has Heating
Yes
Cooling
Central Air
Has Cooling
Yes
Has Fireplace
No
Appliances
Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features
Loft
Laundry Features
First Floor, In Unit
Basement Details
Y

Exterior & Structure

Construction Materials
Brick
Fencing
Security
Has Spa
No
Waterfront Features
Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
Waterfront Property
No

Lot & Land

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
2
Parking Features
Off Street, Deeded

Utilities & Systems

Utilities Available
for Gas Range
Water Source
Public
Sewer
Public Sewer
Electric
100 Amp Service
Security Features
Intercom

Community & HOA

HOA Fee
$571
HOA Fee Frequency
Monthly
Association Amenities
Storage, Garden Area
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$3,918
Tax Year
2024
Tax Assessed Value
$374,100
Parcel Number
4591567
Zoning
R4

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Common Walls
No One Above
Disclosures
Second bedroom has been opened, walls/doors can be easily added back. Pool table will remain if buyer is interested. All measurements are approximate - Buyer/buyer broker to do all due diligence.

Location

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Neighborhood

88 Franklin # 302, Lynn MA 01902

Lynn, MA 01902

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $327
Homeowners Insurance $200
HOA Fee $571
PMI $0

Property History

Market Insights

2.2%
Price Range
30
Total Days on Market

Property Timeline

Sold
Aug 15, 2024
$459,900
Property sold
Days on Market: 30
🏠
Listed for Sale
Jun 26, 2024
$449,900
Original listing
Agent: Gregory DeBiase Office: Maria Fabiano Realty

Price & Status History

Date Event Price Change
Jun 26, 2024 New Listing Added $449,900

Market Statistics

Days on Market
29 days
Price per Sq Ft
$226

Tax History

Year Taxes Assessment
2024 $3,918 $374,100

Financial Details

Annual Property Tax
$3,918
Tax Year 2024
HOA Fee
$571
Monthly
Assessed Value
$374,100

Listing Information

Listing Agent Gregory DeBiase
Listing Office Maria Fabiano Realty
Agent MLS ID CN237406
Office MLS ID AN3128

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