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3 Chase Lane # 3, Lynn MA 01902

Lynn, MA 01902 • Diamond District
$375,000
Est. $2,716/month
2
Beds
1.5
Baths
1,126
Sq Ft
$333
Price/Sq Ft
1984
Year Built
19
Days on Market
Closed Listed Jun 5, 2024 • MLS# 73247860 Copied!

About this home

Stunning architecture brings a spaciousness and light to every room in this 2 bed townhouse. Tucked away in the prestigious Diamond District, within a few minutes to the beach and commuter rail, this gem awaits your personal updates. Walk away from outrageous rental fees - this is your opportunity to build equity in YOUR OWN HOME OWNERSHIP! Spacious living room with wood burning brick FP, a full dining rm with access to the lg private back deck, light drenched kitchen can also accommodate a bistro dining set. Upstairs, a dramatic cathedral ceiling and vaulted window, and skylight creates a beautiful space, completed with double closets and lots of visual interest. A second bedroom also has cathedral ceiling and ample closet space. The main bath can easily accommodate with double sinks, lots of counter space, a tiled tub/shower, and a big deep closet to store linens and supplies. Huge dry basement w/high ceiling offers wonderful opportunity to create even more usable living space.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1984
Bedrooms
2
Full Bathrooms
1
Half Bathrooms
1
Living Area
1,126 sq ft
Total Rooms
5
Stories
2
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $349,000
Final Sale Price: $375,000
Difference: +$26,000 (+7.4%)
Performance Metrics
107.4%
List to Sale Ratio
Sold above asking price
19
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $310
Sale $/sq ft: $333
This property sold for $333 per square foot
Sale Summary

This property sold for 7.4% above the original asking price, indicating strong buyer demand.

With only 19 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
$333/sq ft
Area Average
$388/sq ft
Difference
14.1%

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

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1984
Living Area 1,126 sq ft
Bedrooms 2
Full Baths 1
Half Baths 1
Total Rooms 5

Interior

Heating Heat Pump
Cooling Central Air
Flooring Tile, Vinyl, Carpet
Appliances Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Fireplace None
Fireplaces 1
Basement Y
Laundry In Basement, In Unit, Electric Dryer Hookup, Washer Hookup
Features Central Vacuum

Exterior

Construction Frame
Architecture None
Roof Shingle
Features Deck
Pool None
Spa None
Fencing None
Patio/Porch Deck

Parking

Features Off Street
Total Spaces 2

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Dryer, Washer Hookup

Financial

Annual Tax $4,015
Assessed Value $381,300

Interior Features

Flooring: Tile, Vinyl, Carpet
Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Interior Features: Central Vacuum
Windows: Insulated Windows
Basement: Y
Laundry: In Basement, In Unit, Electric Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Year Built: 1984
Structure Type: Half-Duplex
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 2

Heating, Cooling & Utilities

Heating: Heat Pump
Cooling: Central Air
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 2
Parking Features: Off Street

Special Features

Fireplaces: 1
Fireplace Type:
Community Amenities: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University

Location

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Neighborhood

Diamond District

3 Chase Lane # 3, Lynn MA 01902

Lynn, MA 01902

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
B-
KIPP Academy Lynn Charter School
0.7 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
1.0 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
The Hathaway School
1.0 mi
Grades PK-08
St. Pius V Elementary School
1.4 mi
Grades PK-08
Sacred Heart Elementary School
1.9 mi
Grades PK-08
North Shore Christian School
2.0 mi
Grades PK-08
TEAMS Academy at Virginia Barton Center
2.7 mi
Grades PK-12
C-
E. J. Harrington Elementary School
0.2 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-
Brickett Elementary School
0.4 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-
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
0.6 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
2.0 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
0.4 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
0.7 mi
Grades 07-12
City Arts & Sciences Academy at Fecteau-Leary
0.9 mi
Grades 06-12
B-
Harold Durgin Success Academy
0.9 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
1.0 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
C-
Classical High School
2.5 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 Calculator

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

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $335
Homeowners Insurance $200
HOA Fee $285/mo
PMI (if <20% down) $0

Loan Summary

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

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

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

6.9%
Price Range
20
Total Days on Market

Property Timeline

Sold
Jul 8, 2024
$375,000
Property sold
Days on Market: 20
🏠
Listed for Sale
Jun 5, 2024
$349,000
Original listing
Agent: Lisa Scourtas Office: RE/MAX Beacon

Price & Status History

Date Event Price Change
Jun 5, 2024 New Listing Added $349,000

Market Statistics

Days on Market
19 days
Price per Sq Ft
$333

Tax History

Year Taxes Assessment
2024 $4,015 $381,300

Financial Details

Annual Property Tax
$4,015
Tax Year 2024
HOA Fee
$285
Monthly
Assessed Value
$381,300

Listing Information

Listing Office RE/MAX Beacon
Agent MLS ID C8001402
Office MLS ID AN8510
Listing Data Updated Jul 8, 2024 4:36 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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