$312,000
SOLD JUN 30, 2025

49 Munroe St Unit 402 Lynn, MA 01901

Downtown Lynn Neighborhood
1 Bed
1 Bath
638 Sq Ft
$369/mo HOA Fee

Recently Sold

$489 Per Sq Ft

4% Below List Price

34 Days on Market

Highlights

  • Marina
  • 1-minute walk to Lynn
  • Open Floorplan
  • Golf Course Community
  • Medical Services
  • 3-minute walk to Lynn Heritage State Park

About This Home

As of June 2025

Incredible value! Affordable coastal-urban gem! Stable HOA, healthy financials, high owner occupancy! Spectacular top-floor corner brick-&-beam industrial loft w/soaring 18’ exposed beamed ceilings+expansive oversized windows for exceptional natural light+motorized window shades+original factory wood floors+pellet stove for cozy winters+striking light fixtures w/Hue bulbs+smart ceiling fan+dramatic staircase leading to elevated sleeping loft directly above main space (large enough for king-size bed)+additional sleeping space on main level w/Murphy bed+clever office area+common area laundry+ample storage w/walk-in closet/large in-unit utility storage w/extra basement storage+pet friendly+2022 hot water heater+2024 HVAC system+freshly painted+new tiling! Walk to Commuter Rail/Lynn Ferry for quick Boston commute! Walk to Lynn Shore/Nahant Beach Coastal Reservation. Nearby Northern Strand Bike Trail, majestic Lynn Woods, Gannon Golf Course. Easy access to Logan and major highways.

Last Agent to Sell the Property

Soraya Cacici

Nest Forward Listed on: 04/30/2025

Last Buyer's Agent

Jenny May

J. Barrett & Company

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,529

Year Built

  • Built in 1900

HOA Fees

  • $369 Monthly HOA Fees

Home Design

  • Post and Beam
  • Entry on the 4th floor
  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • 638 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Beamed Ceilings
  • Ceiling Fan
  • Decorative Lighting
  • 1 Fireplace
  • Entryway
  • Intercom
  • Basement

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Primary bedroom located on second floor
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Parking

  • Open Parking
  • Off-Street Parking
  • Rented or Permit Required

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Forced Air Heating and Cooling System
  • Individual Controls for Heating
  • Pellet Stove burns compressed wood to generate heat

Additional Features

  • Level Entry For Accessibility
  • Walking Distance to Water

Listing and Financial Details

  • Assessor Parcel Number M:068 B:627 L:004 S:018,4531752

Community Details

Overview

  • Association fees include water, sewer, insurance, snow removal, trash, reserve funds
  • 21 Units
  • Mid-Rise Condominium
  • Munroe Lofts Community
  • Near Conservation Area

Amenities

  • Medical Services
  • Shops
  • Coin Laundry
  • Elevator
  • Community Storage Space

Recreation

  • Marina
  • Golf Course Community
  • Community Pool
  • Park
  • Jogging Path
  • Bike Trail

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,529

Year Built

Built in 1900

Lot Details

0

HOA Fees

$369 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Mid-Rise, Loft
  • Year Built: 1900
  • Entry Level: 4
  • Year Built Details: Approximate
  • Year Round: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Wood, Tile, Carpet, Flooring - Hardwood
  • Interior Amenities: Closet, Entry Hall
  • Entry Location: Unit Placement(Upper,Front)
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Closet, Flooring - Wall to Wall Carpet
  • Room Master Bedroom Level: Second
  • Bathroom 1 Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Hardwood
  • Bathroom 1 Level: First
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Hardwood, Countertops - Stone/Granite/Solid, Dryer Hookup - Electric, Stainless Steel Appliances, Washer Hookup
  • Laundry Features: First Floor, Common Area, In Building, In Unit
  • Room Living Room Level: First
  • Room Living Room Features: Wood / Coal / Pellet Stove, Ceiling Fan(s), Beamed Ceilings, Open Floorplan, Lighting - Pendant
  • Basement: Y
  • Above Grade Finished Sq Ft: 638
  • Accessibility Features: Accessible Entrance
  • Living Area: 638
  • Spa YN: No
  • Stories Total: 2
  • MAIN LO: AC0684
  • MAIN SO: C95243

Exterior Features

  • Common Walls: Corner
  • Construction Materials: Brick, Post & Beam
  • Home Warranty YN: No
  • Roof: Rubber
  • Waterfront Features: Ocean, Walk to, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Off Street, Rented

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Cooling: Central Air, Individual, Unit Control
  • Heating: Forced Air, Electric, Individual, Unit Control
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Security Features: Intercom
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Laundry, Elevator(s), Storage
  • Association Fee: 368.93
  • Association Fee Frequency: Monthly
  • Community Features: Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University, Other
  • Senior Community YN: No
  • MANAGEMENT: Owner Association

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Snow Removal, Trash, Reserve Funds

Lot Info

  • Parcel Number: M:068 B:627 L:004 S:018,4531752
  • Zoning: CBD
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.17
  • Lot Size Sq Ft: 7396
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • OUTDOOR SPACE AVAILABLE: No

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 3529

Multi Family

  • Number Of Units Total: 21
  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2025
Closed on
Jun 17, 2025
Sold by
Pany Maximilian J and Samra Jasmeet K
Bought by
Silva Paxton
Seller's Agent
Soraya Cacici
Nest Forward
Buyer's Agent
Jenny May
J. Barrett & Company
List Price
$325,000
Sold Price
$312,000
Premium/Discount to List
-$13,000
-4%
Views
94
Current Estimated Value
$307,007

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,993
Avg. Annual Appreciation
-4.05%

Purchase Details

Listed on
May 1, 2017
Closed on
Jul 21, 2017
Sold by
Viele Eric J
Bought by
Pany Maximilian J and Samra Jasmeet K
Seller's Agent
Herman Davis
Metro North Realty, LLC
Buyer's Agent
Matthew Foley
Fenway Property Advisors
List Price
$200,000
Sold Price
$192,000
Premium/Discount to List
-$8,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.30%
Original Mortgage
$153,600
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2005
Sold by
Montreal Investments L
Bought by
Rim Nicole S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,600
Interest Rate
5.84%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Condominium Deed $312,000 --
Condominium Deed $312,000 --
Condominium Deed $312,000 --
Quit Claim Deed $192,000 --
Quit Claim Deed $192,000 --
Deed $192,000 --
Deed $192,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $153,600 New Conventional
Previous Owner $137,300 No Value Available
Previous Owner $153,600 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/30/2025 06/30/25 Sold $312,000 -1.0% $489 / Sq Ft
06/03/2025 06/03/25 Pending -- -- --
05/23/2025 05/23/25 Price Changed $315,000 -3.1% $494 / Sq Ft
04/30/2025 04/30/25 For Sale $325,000 +69.3% $509 / Sq Ft
07/21/2017 07/21/17 Sold $192,000 -4.0% $301 / Sq Ft View Prior Sale
06/01/2017 06/01/17 Pending -- -- --
05/18/2017 05/18/17 Price Changed $199,999 0.0% $313 / Sq Ft
05/01/2017 05/01/17 For Sale $200,000 0.0% $313 / Sq Ft
07/02/2016 07/02/16 Rented $1,600 0.0% --
07/01/2016 07/01/16 Under Contract -- -- --
07/01/2016 07/01/16 For Rent $1,600 +14.3% --
09/01/2015 09/01/15 Rented $1,400 0.0% --
08/30/2015 08/30/15 Under Contract -- -- --
08/26/2015 08/26/15 For Rent $1,400 +12.0% --
01/14/2014 01/14/14 Rented $1,250 0.0% --
01/14/2014 01/14/14 For Rent $1,250 -- --
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,529 $340,600 $0 $340,600
2024 $2,828 $268,600 $0 $268,600
2023 $2,822 $253,100 $0 $253,100
2022 $2,922 $235,100 $0 $235,100
2021 $3,195 $245,200 $0 $245,200
2020 $2,735 $204,100 $0 $204,100
2019 $2,485 $173,800 $0 $173,800
2018 $2,374 $156,700 $0 $156,700
2017 $2,641 $169,300 $0 $169,300
2016 $2,391 $147,800 $0 $147,800
2015 $2,373 $141,700 $0 $141,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73367306

MLS Property Information Network (MLS PIN)

APN: LYNN-000068-000627-000004-000018-000018