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51 Cherry St # 1, Lynn MA 01902

Lynn, MA 01902 • Diamond District
$425,000
$410,000
Est. $2,927/month
2
Beds
1
Baths
1,043
Sq Ft
$393
Price/Sq Ft
1900
Year Built
1
Parking
54
Days on Market
Pending Price Drop -$15,000 Listed Apr 30, 2026 • MLS# 73510982 Copied! • Updated Jun 26, 2026

About this home

Welcome to 51 Cherry St, Unit 1, where coastal convenience meets comfortable condo living. This 2-bedroom, 1-bath home offers a versatile layout with an additional flex space in the basement, perfect for a home office, gym, or bonus living area. Inside, you’ll find hardwood flooring throughout, adding warmth and character to the space. Step outside to enjoy your private deck, ideal for morning coffee or evening unwinding. Located in a charming 3-unit building just about a block from the water and Red Rock Park, this home sits in Lynn’s desirable Diamond District; offering easy access to shoreline walks, local amenities, and commuter options. Additional highlights include basement storage and on-site laundry for added convenience. A great opportunity to add some TLC and enjoy low-maintenance living in a prime coastal location!

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Recently Sold Nearby

Property History

Market Insights

1
Price Changes
3.5%
Price Range

Property Timeline

📋
Status: Active under contract
Jun 12, 2026
Active → Active Under Contract
Pending Sale
Jun 9, 2026
Offer accepted, sale pending
Back On Market
May 25, 2026
Active
📋
Status: Active under contract
May 19, 2026
Active → Active Under Contract
Price Reduced
May 13, 2026
$410,000 $15,000 (-3.53%)
From $425,000 to $410,000 (-3.5%)
🏠
Listed for Sale
May 1, 2026
$425,000
Original listing
Agent: Arianna Cardillo Office: LAER Realty Partners

Tax History

Year Taxes Assessment
2025 $3,650 $352,000

Financial Details

Annual Property Tax
$3,650
Tax Year 2025
HOA Fee
$350
Monthly
Assessed Value
$352,000

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1900
Living Area 1,043 sq ft
Bedrooms 2
Full Baths 1
Total Rooms 5

Interior

Heating Electric, Radiant
Cooling Window Unit(s)
Flooring Hardwood, Flooring - Hardwood
Appliances Range, Dishwasher, Refrigerator, Freezer, Washer, Dryer
Fireplace None
Basement Y
Laundry In Basement, In Building
Features Closet, Bonus Room

Exterior

Construction Frame, Brick
Architecture None
Roof Shingle
Features Porch
Pool None
Spa None
Fencing None
Patio/Porch Porch
Features Off Street
Total Spaces 1
Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range
Annual Tax $3,650
Assessed Value $352,000

HOA & Community

HOA Fee $350 Monthly
Fee Includes Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Trash
Amenities Storage
Optional Fee Includes None
Owner-Occupied Units 3
Down Payment Resource Eligible
Pets Yes w/ Restrictions
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type ["2\/3 Family"]
Unit/Building 1
Sq Ft Source Public Record
Documents None
County Essex
Total market time (incl. prior listings) 57 days

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1900
Bedrooms
2
Full Bathrooms
1
Living Area
1,043 sq ft
Total Rooms
5
Stories
2
Entry Level
1

Room Details

First Floor

Bathroom1
Bathroom - Full, Bathroom - With Tub & Shower, Closet - Linen
Kitchen
Ceiling Fan(s), Flooring - Hardwood, Flooring - Stone/Ceramic Tile, Kitchen Island, Gas Stove, Lighting - Overhead
Bedroom2
Closet, Flooring - Hardwood
Living Room
Flooring - Hardwood, Lighting - Overhead
Master Bedroom
Closet, Flooring - Hardwood, Lighting - Overhead

Other Floor

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

Interior Features

Flooring: Hardwood, Flooring - Hardwood
Appliances: Range, Dishwasher, Refrigerator, Freezer, Washer, Dryer
Interior Features: Closet, Bonus Room
Windows:
Basement: Y
Laundry: In Basement, In Building
Security:

Construction & Materials

Year Built: 1900
Structure Type: 2/3 Family
Exterior Materials: Frame, Brick
Roof: Shingle
Foundation:
Stories: 2

Heating, Cooling & Utilities

Heating: Electric, Radiant
Heating Zones: 6
Cooling: Window Unit(s)
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 1
Parking Features: Off Street
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
The Hathaway School
0.9 mi
Grades PK-08
B-
KIPP Academy Lynn Charter School
1.0 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
C-
Lynn Vocational Technical Institute
1.3 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
St. Pius V Elementary School
1.5 mi
Grades PK-08
North Shore Christian School
2.1 mi
Grades PK-08
Sacred Heart Elementary School
2.2 mi
Grades PK-08
TEAMS Academy at Virginia Barton Center
2.9 mi
Grades PK-12
C-
Brickett Elementary School
0.2 mi | #688 of 824 | Score: 36.3
Improved 101 spots from last year
-21.9 below state avg
318 students Moderate
Rising School
Grades K-05
C-
E. J. Harrington Elementary School
0.4 mi | #717 of 824 | Score: 34.2
Improved 76 spots from last year
-24 below state avg
687 students Moderate
Rising School
Grades PK-05
C-
Ingalls School
0.7 mi | #673 of 824 | Score: 37.3
Improved 125 spots from last year
-20.9 below state avg
719 students Moderate
Rising School
Grades K-05
M

Middle Schools

2 schools
C-
Thurgood Marshall Middle School
0.5 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
C+
Pickering Middle School
2.1 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
H

High Schools

6 schools
B
Fredrick Douglass Collegiate Academy
0.7 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
St. Mary's High School
1.0 mi
Grades 07-12
City Arts & Sciences Academy at Fecteau-Leary
1.2 mi
Grades 06-12
D
Lynn English High School
1.1 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
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
C-
Classical High School
2.8 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
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $304
Homeowners Insurance $200
HOA Fee $350/mo
PMI (if <20% down) $0

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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

Diamond District

51 Cherry St # 1, Lynn MA 01902

Lynn, MA 01902

Listing Information

Listing Agent Arianna Cardillo
Listing Office LAER Realty Partners
Office Phone 781-627-7200
Agent MLS ID CN229957
Office MLS ID AN3158
Listing Data Updated Jun 26, 2026 3:30 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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Steven Novak
BMN Boston Real Estate
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