88 Franklin St Unit 101 Lynn, MA 01902
Central Lynn Neighborhood
2
Beds
1
Bath
1,195
Sq Ft
$407/mo
HOA Fee
Highlights
- Property is near public transit
- Enclosed patio or porch
- Shops
- Wood Flooring
- Intercom
- Forced Air Heating and Cooling System
About This Home
As of January 2025Welcome 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.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,117
Year Built
- Built in 1890
HOA Fees
- $407 Monthly HOA Fees
Home Design
- Garden Home
- Brick Exterior Construction
- Shingle Roof
Interior Spaces
- 1,195 Sq Ft Home
- 1-Story Property
- Intercom
- Basement
Kitchen
- Range
- Microwave
- Dishwasher
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Laundry
- Laundry on main level
- Dryer
- Washer
Parking
- 2 Car Parking Spaces
- Off-Street Parking
- Deeded Parking
- Assigned Parking
Outdoor Features
- Enclosed patio or porch
Location
- Property is near public transit
- Property is near schools
Utilities
- Forced Air Heating and Cooling System
- 1 Cooling Zone
- 1 Heating Zone
- Heating System Uses Natural Gas
Listing and Financial Details
- Legal Lot and Block 001 / 718
- Assessor Parcel Number 4603473
Community Details
Overview
- Association fees include water, sewer, insurance, maintenance structure, ground maintenance, snow removal, trash
- 15 Units
- Ladder 3 Lofts Community
Amenities
- Shops
- Coin Laundry
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 29, 2024
Closed on
Jan 6, 2025
Sold by
Husain Adnan and Rasul Hinah
Bought by
Sanchez Elysia
Seller's Agent
Chloe Brown
Lyv Realty
Buyer's Agent
Roxanne Curzi
Curzi Realty Group LLC
List Price
$399,000
Sold Price
$349,000
Premium/Discount to List
-$50,000
-12.53%
Total Days on Market
94
Views
222
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,547
Avg. Annual Appreciation
2.03%
Original Mortgage
$331,550
Outstanding Balance
$330,704
Interest Rate
6.84%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$20,765
Purchase Details
Closed on
Nov 20, 2006
Sold by
Firehous Rcg Franklin and Steinbergh Alex M
Bought by
Parker Martin S and Lloyd Cari K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,000
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage
Map
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Similar Homes in Lynn, MA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Condominium Deed | $349,000 | None Available | |
| Condominium Deed | $349,000 | None Available | |
| Condominium Deed | $349,000 | None Available | |
| Deed | $261,000 | -- | |
| Deed | $261,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $331,550 | Purchase Money Mortgage | |
| Closed | $331,550 | Purchase Money Mortgage | |
| Previous Owner | $261,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/06/2025 01/06/25 | Sold | $349,000 | 0.0% | $292 / Sq Ft |
| 12/01/2024 12/01/24 | Pending | -- | -- | -- |
| 11/21/2024 11/21/24 | Price Changed | $349,000 | -0.3% | $292 / Sq Ft |
| 11/13/2024 11/13/24 | Price Changed | $350,000 | -1.1% | $293 / Sq Ft |
| 11/01/2024 11/01/24 | Price Changed | $354,000 | -1.4% | $296 / Sq Ft |
| 10/24/2024 10/24/24 | Price Changed | $359,000 | -2.7% | $300 / Sq Ft |
| 10/10/2024 10/10/24 | Price Changed | $369,000 | -2.6% | $309 / Sq Ft |
| 09/10/2024 09/10/24 | Price Changed | $379,000 | -5.0% | $317 / Sq Ft |
| 08/29/2024 08/29/24 | For Sale | $399,000 | +267.7% | $334 / Sq Ft |
| 01/31/2012 01/31/12 | Sold | $108,500 | 0.0% | $83 / Sq Ft |
| 12/19/2011 12/19/11 | Off Market | $108,500 | -- | -- |
| 11/18/2011 11/18/11 | Price Changed | $135,000 | -10.0% | $103 / Sq Ft |
| 05/19/2011 05/19/11 | For Sale | $150,000 | -- | $115 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
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 | $3,078 | $297,100 | $0 | $297,100 |
| 2024 | $3,117 | $296,000 | $0 | $296,000 |
| 2023 | $3,099 | $277,900 | $0 | $277,900 |
| 2022 | $3,106 | $249,900 | $0 | $249,900 |
| 2021 | $3,153 | $242,000 | $0 | $242,000 |
| 2020 | $3,079 | $229,800 | $0 | $229,800 |
| 2019 | $2,747 | $192,100 | $0 | $192,100 |
| 2018 | $2,989 | $197,300 | $0 | $197,300 |
| 2017 | $2,772 | $177,700 | $0 | $177,700 |
| 2016 | $2,317 | $143,200 | $0 | $143,200 |
| 2015 | $2,419 | $144,400 | $0 | $144,400 |
Source: Public Records
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73283018
APN: LYNN-000053-000718-000001-000001-000001
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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