$315,000
SOLD SEP 11, 2025

49 Munroe St Unit 405 Lynn, MA 01901

Downtown Lynn Neighborhood
1 Bed
1 Bath
780 Sq Ft
$487/mo HOA Fee

Recently Sold

$404 Per Sq Ft

6% Below List Price

68 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 September 2025

Turnkey convenience - can be sold fully furnished. Bring your suitcase and settle right in! Perfect for globetrotters, retirees, snowbirds, and newly empty nesters. Architectural plans for 2nd level included. Strong HOA, healthy financials, high owner occupancy, pet friendly! Magazine worthy design elevates this spectacular top-floor brick-&-beam industrial loft w/soaring 18’ exposed beamed ceilings+updated kitchen and bathroom+expansive oversized windows for exceptional natural light+original factory wood floors+stylish electric fireplace for cozy winters+built-in office area+tremendous closet space w/custom organizational systems+common area laundry+ample extra basement storage+2024 hot water heater+2023 kitchen appliances+central AC! 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: 06/16/2025

Last Buyer's Agent

David Leone

Gibson Sotheby's International Realty

Gibson Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,969

Year Built

  • Built in 1900 | Remodeled

Lot Details

  • Near Conservation Area
  • Two or More Common Walls

HOA Fees

  • $487 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 780 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Beamed Ceilings
  • Ceiling Fan
  • Entrance Foyer
  • Living Room with Fireplace
  • Intercom
  • Laundry in unit
  • Basement

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Custom Closet System
  • 1 Full Bathroom
  • Bathtub with Shower

Parking

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

Location

  • Property is near public transit
  • Property is near schools

Additional Features

  • Level Entry For Accessibility
  • Walking Distance to Water
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number M:068 B:627 L:004 S:021,4546995

Community Details

Overview

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

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

$2,969

Year Built

Built in 1900 | Remodeled

Lot Details

0

HOA Fees

$487 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: 1

Interior Features

  • Flooring: Wood, Tile
  • Interior Amenities: Entrance Foyer
  • Entry Location: Unit Placement(Upper,Back)
  • Fireplace Features: Living Room
  • 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, Closet/Cabinets - Custom Built, Flooring - Wood
  • Bathroom 1 Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Hardwood
  • Room Dining Room Features: Closet, Closet/Cabinets - Custom Built, Flooring - Wood, Open Floorplan
  • Room Kitchen Features: Flooring - Wood, Countertops - Stone/Granite/Solid, Kitchen Island, Open Floorplan, Remodeled, Stainless Steel Appliances
  • Laundry Features: Common Area, In Building, In Unit
  • Room Living Room Features: Ceiling Fan(s), Beamed Ceilings, Flooring - Wood, Open Floorplan
  • Basement: Y
  • Above Grade Finished Sq Ft: 780
  • Accessibility Features: Accessible Entrance
  • Living Area: 780
  • Spa YN: No
  • Stories Total: 1
  • MAIN LO: AC0684
  • MAIN SO: BB5918

Exterior Features

  • Common Walls: 2+ Common Walls
  • 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, None

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Cooling: Central Air, Individual, Unit Control
  • Heating: Forced Air, Electric
  • 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: 486.64
  • 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: Professional - Off Site, 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:021,4546995
  • Zoning: CBD
  • Farm Land Area Units: Square Feet
  • 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: 2969

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2025
Closed on
Aug 21, 2025
Sold by
Margaret A Drew Int A and Margaret Drew
Bought by
Elio A Maggini Ret and Maggini
Seller's Agent
Soraya Cacici
Nest Forward
Buyer's Agent
David Leone
Gibson Sotheby's International Realty
List Price
$335,000
Sold Price
$315,000
Premium/Discount to List
-$20,000
-5.97%
Views
125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-17.08%

Purchase Details

Closed on
Sep 9, 2021
Sold by
Drew Margaret A
Bought by
Int Margaret A Drew

Purchase Details

Closed on
Mar 16, 2005
Sold by
Montreal Investments L
Bought by
Drew Margaret Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
5.64%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Quit Claim Deed $315,000 --
Quit Claim Deed $315,000 --
Condominium Deed -- None Available
Condominium Deed -- None Available
Deed $210,000 --
Deed $210,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $168,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2025 10/11/25 For Rent $2,000 0.0% --
09/11/2025 09/11/25 Sold $315,000 0.0% $404 / Sq Ft
08/23/2025 08/23/25 Pending -- -- --
08/08/2025 08/08/25 Price Changed $315,000 -1.5% $404 / Sq Ft
07/07/2025 07/07/25 Price Changed $319,900 -4.5% $410 / Sq Ft
06/16/2025 06/16/25 For Sale $335,000 -- $429 / Sq Ft
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 $2,969 $286,600 $0 $286,600
2024 $2,763 $262,400 $0 $262,400
2023 $3,093 $277,400 $0 $277,400
2022 $3,156 $253,900 $0 $253,900
2021 $3,289 $252,400 $0 $252,400
2020 $2,805 $209,300 $0 $209,300
2019 $2,863 $200,200 $0 $200,200
2018 $2,722 $179,700 $0 $179,700
2017 $2,586 $165,800 $0 $165,800
2016 $2,298 $142,000 $0 $142,000
2015 $2,271 $135,600 $0 $135,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73391733

MLS Property Information Network (MLS PIN)

APN: LYNN-000068-000627-000004-000021-000021