LevelFirst
88 Franklin St # 101, Lynn MA 01902
Lynn, MA 01902
$349,000
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Sale Statistics
Sale Overview
Original List Price:
$399,000
Final Sale Price:
$349,000
Difference:
$50,000 (-12.5%)
Performance Metrics
87.5%
List to Sale Ratio
Sold below asking price
104
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft:
$334
Sale $/sq ft:
$292
This property sold for $292 per square foot
Sale Summary
This property sold for 12.5% below the original asking price.
At 104 days on market, this property took longer than average to sell.
Nearby Sales Comparison
Based on 7 similar properties sold within 0.5 miles in the last 90 days
This Property
$292/sq ft
Area Median
$369/sq ft
Difference
20.8%
This property sold below the area median, potentially representing good value for the buyer.
About this home
Welcome to Ladder 3 Lofts. Roll up your sleeves and make this unit shine once more! You will be stepping into a piece of history with this one-of-a-kind, converted firehouse loft. This 2 bedroom 1 bath unit boasts 14-foot tall ceilings, genuine maple hardwood floors, and an abundance of natural sunlight. This is a rare find that perfectly blends historic charm with modern living. The layout is cozy yet spacious, especially with those high ceilings. Open concept floor plan for you to install the kitchen of your dreams! Your own private oasis awaits on the private patio area which is perfect for morning coffee or evening relaxation with a good book. Located in a vibrant neighborhood with easy access to local amenities. Comes with 2 parking spots, a dedicated storage space and pet friendly! This property offers the perfect combination of history, style, and convenience. With a little TLC this unit will be sure to impress.
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Recently Sold Nearby
Property History
Market Insights
68.9%
Price Range
105
Total Days on Market
1
Previous Sales
Property Timeline
Sold
Jan 6, 2025
$349,000
Property sold
Days on Market: 105
Listed for Sale
Aug 29, 2024
$349,000
Original listing
Agent: Chloe Brown
Office: eXp Realty
Previous Transaction - MLS #71235680
Full transaction history available when tracking began
Previously Sold
Jan 31, 2012
$108,500
MLS #71235680
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 01/06/2025 | ✓ Sold | $349,000 | - | - | Property sold |
| 08/29/2024 | 🏠 Listed for Sale | $349,000 | - | - | Original listing |
| 01/31/2012 | 🏷️ Previously Sold | $108,500 | - | - | MLS #71235680 |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2024 | $3,117 | $296,000 |
Financial Details
Annual Property Tax
$3,117
Tax Year 2024
HOA Fee
$407
Monthly
Assessed Value
$296,000
Facts & Features
Central AC
Home Facts
Type
Residential
Style
Condominium
Year Built
1890
Living Area
1,195 sq ft
Bedrooms
2
Full Baths
1
Total Rooms
4
Interior
Heating
Forced Air, Natural Gas
Cooling
Central Air
Flooring
Wood, Tile
Appliances
Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Fireplace
None
Basement
Y
Laundry
First Floor, In Unit, Washer Hookup
Features
None
Exterior
Construction
Brick
Architecture
None
Roof
Shingle
Features
Patio - Enclosed
Pool
None
Spa
None
Fencing
None
Patio/Porch
Patio - Enclosed
Parking
Features
Off Street, Deeded, Exclusive Parking
Total Spaces
2
Utilities
Electric
Circuit Breakers
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Gas Range, Washer Hookup
Financial
Annual Tax
$3,117
Assessed Value
$296,000
HOA & Community
HOA Fee
$407 Monthly
Fee Includes
Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
None
Additional Details
Possession
None
Accepted Financing
None
Structure Type
["Garden"]
Unit/Building
101
Sq Ft Source
Public Record
Documents
Master Deed, Unit Deed, Rules & Regs, Management Association Bylaws, Association Financial Statements, Certificate Of Insurance (6)
County
Essex
Total market time (incl. prior listings)
105 days
Property Overview
Property Type
Condominium
Listing Type
Sold
Year Built
1890
Bedrooms
2
Full Bathrooms
1
Living Area
1,195 sq ft
Total Rooms
4
Stories
1
Entry Level
1
Floor Layout
Interactive room guide
Floor Layout
LevelFirst
LevelFirst
LevelFirst
LevelFirst
Display Options
Outdoor Areas
Patio & porchPatio - Enclosed
Room Markers
KKitchen (1)
BABathroom (4)
BRBedroom (5)
DDining (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Wood, Tile
Appliances:
Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Interior Features:
Windows:
Basement:
Y
Laundry:
First Floor, In Unit, Washer Hookup
Security:
Intercom
Construction & Materials
Year Built:
1890
Effective Year (Renovated):
2006
Structure Type:
Garden
Exterior Materials:
Brick
Roof:
Shingle
Foundation:
Stories:
1
Heating, Cooling & Utilities
Heating:
Forced Air, Natural Gas
Heating Zones:
1
Cooling:
Central Air
Cooling Zones:
1
Hot Water:
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio - Enclosed
Patio & Porch:
Patio - Enclosed
Fencing:
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Total Parking Spaces:
2
Parking Features:
Off Street, Deeded, Exclusive Parking
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
Elementary Schools
10 schools
B-
KIPP Academy Lynn Charter School
0.4 mi
|
#203 of 346
|
Score: 52.0
Improved 58 spots from last year
-6.2 below state avg
1,629 students
Moderate
High Graduation Rate
Rising School
College Ready Curriculum
Grades K-12
C-
Lynn Vocational Technical Institute
0.5 mi
|
#292 of 346
|
Score: 41.8
Improved 42 spots from last year
-16.4 below state avg
1,566 students
Moderate
Early College Program
High Graduation Rate
Rising School
Career Tech Programs
Grades PK-12
Sacred Heart Elementary School
0.9 mi
Grades PK-08
St. Pius V Elementary School
1.0 mi
Grades PK-08
North Shore Christian School
1.5 mi
Grades PK-08
The Hathaway School
1.6 mi
Grades PK-08
TEAMS Academy at Virginia Barton Center
1.9 mi
27 students
Diverse
Grades PK-12
C-
Cobbet Elementary School
0.1 mi
|
#698 of 825
|
Score: 35.9
Improved 68 spots from last year
-22.4 below state avg
631 students
Less Diverse
Rising School
Grades PK-05
C
Washington Elementary School
0.4 mi
|
#660 of 825
|
Score: 37.9
Improved 111 spots from last year
-20.4 below state avg
453 students
Moderate
Rising School
Grades K-05
C-
Wm. P. Connery Elementary School
0.5 mi
|
#729 of 825
|
Score: 33.7
Improved 65 spots from last year
-24.5 below state avg
558 students
Moderate
Rising School
Grades K-05
Middle Schools
2 schools
C-
Thurgood Marshall Middle School
1.4 mi
|
#311 of 352
|
Score: 30.7
Improved 40 spots from last year
-27.5 below state avg
1,190 students
Moderate
Rising School
Grades 06-08
C+
Pickering Middle School
1.4 mi
|
#229 of 352
|
Score: 38.5
Improved 78 spots from last year
-19.7 below state avg
539 students
Diverse
Rising School
Grades 06-08
High Schools
6 schools
City Arts & Sciences Academy at Fecteau-Leary
0.2 mi
259 students
Moderate
Grades 06-12
St. Mary's High School
0.4 mi
Grades 07-12
B+
Fredrick Douglass Collegiate Academy
0.8 mi
|
#11 of 25
|
Score: 34.7
Improved 331 spots from last year
-23.5 below state avg
364 students
Moderate
Early College Program
Rising School
Grades 06-12
B-
Harold Durgin Success Academy
0.2 mi
|
#16 of 25
|
Score: 30.4
Improved 329 spots from last year
-27.8 below state avg
98 students
Moderate
Rising School
Career Tech Programs
Strong Attendance
Grades 09-12
D
Lynn English High School
0.9 mi
|
#315 of 346
|
Score: 35.5
Improved 40 spots from last year
-22.7 below state avg
1,727 students
Moderate
18 sports
• 1,425 athletes
Early College Program
Rising School
Career Tech Programs
Strong Athletics
Grades 09-12
C-
Classical High School
1.5 mi
|
#304 of 346
|
Score: 37.5
Improved 49 spots from last year
-20.8 below state avg
1,513 students
Moderate
Early College Program
Rising School
Career Tech Programs
Grades 09-12
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Location
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Neighborhood
88 Franklin St # 101, Lynn MA 01902
Lynn, MA 01902
Listing Information
Listing Agent
Chloe Brown
Listing Office
eXp Realty LLC
Office Phone
888-854-7493
Agent MLS ID
CN239990
Office MLS ID
AN6820
Listing Data Updated
Jan 7, 2025 10:58 AM EST
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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