NOT LISTED FOR SALE

88 Franklin St Unit 102 Lynn, MA 01902

Central Lynn Neighborhood

Estimated Value: $351,440 - $418,000

2 Beds
1 Bath
1,272 Sq Ft
0.27 Acres

Last Sold November 03, 2016

Last sale price $217,500 $171 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $2,382/month

8 Days on Market

About This Home

As of November 2016

- A renovation of a 19th century firehouse created the "Ladder 3 Lofts" - amazing architecture in this spacious first floor loft-style 2-bdroom unit with 12-foot ceilings, exposed brick, unique oversized windows, hardwood throughout ,in-unit washer & dryer& new heating system. Modern bath and kitchen which includes granite counters and stainless appliances. Light & bright open floor-plan with many details including lots of extra added storage. An inviting outside private patio is very convenient for barbequing and an outdoor retreat. The convenient location is close to everything- the city center, the library and the beach- perfect for walking or biking. The building is professionally managed & includes 1-deeded parking space. Also pet friendly!! Seller to pay special assessment at closing.

Last Agent to Sell the Property

Sandra Warren

J. Barrett & Company License #454000497 Listed on: 09/05/2016

Last Buyer's Agent

Ben Barrett

Benjamin Barrett

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,093

Year Built

1890

Lot Details

0

Listing Details

  • Unit Level: 1
  • Unit Placement: Corner, Ground, Walkout, Garden
  • Property Type: Condominium/Co-Op
  • Other Agent: 2.00
  • Handicap Access: Yes
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1890

Interior Features

  • Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
  • Has Basement: Yes
  • Number of Rooms: 5
  • Amenities: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Public School
  • Electric: Circuit Breakers
  • Energy: Insulated Windows
  • Flooring: Hardwood
  • Interior Amenities: Cable Available
  • Bedroom 2: First Floor
  • Bathroom #1: First Floor
  • Kitchen: First Floor
  • Laundry Room: First Floor
  • Living Room: First Floor
  • Master Bedroom: First Floor
  • Master Bedroom Description: Ceiling Fan(s), Closet, Flooring - Hardwood, Handicap Accessible, Main Level
  • Dining Room: First Floor
  • No Living Levels: 1

Exterior Features

  • Roof: Slate
  • Construction: Brick
  • Exterior: Brick
  • Exterior Unit Features: Patio, Fenced Yard, Garden Area
  • Beach Ownership: Public

Garage/Parking

  • Parking: Off-Street, Assigned, Exclusive Parking
  • Parking Spaces: 1

Utilities

  • Cooling: Central Air, Unit Control
  • Heating: Forced Air, Gas, Unit Control
  • Cooling Zones: 1
  • Heat Zones: 1
  • Hot Water: Natural Gas, Tank
  • Utility Connections: for Gas Range
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Condominium Name: Ladder 3 Lofts
  • Association Fee Includes: Water, Sewer, Master Insurance, Exterior Maintenance, Landscaping, Snow Removal, Refuse Removal
  • Association Security: Fenced, Intercom
  • Management: Professional - Off Site
  • Pets Allowed: Yes
  • No Units: 15
  • Unit Building: 102

Fee Information

  • Fee Interval: Monthly

Lot Info

  • Zoning: R4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2016
Closed on
Nov 3, 2016
Sold by
Austin Katherine
Bought by
Pellarin Jill M
Seller's Agent
Sandra Warren
J. Barrett & Company
Buyer's Agent
Ben Barrett
Benjamin Barrett
List Price
$224,900
Sold Price
$217,500
Premium/Discount to List
-$7,400
-3.29%
Current Estimated Value
$390,610

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,110
Avg. Annual Appreciation
6.79%

Purchase Details

Listed on
Oct 28, 2013
Closed on
Jan 31, 2014
Sold by
Nickerson Jonathan
Bought by
Austin Katherine
Seller's Agent
Susan Sinrich
Conway - Swampscott
Buyer's Agent
Sandra Warren
J. Barrett & Company
List Price
$189,900
Sold Price
$165,000
Premium/Discount to List
-$24,900
-13.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.53%
Original Mortgage
$97,000
Interest Rate
4.47%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Buyer Sale Price Title Company
Pellarin Jill M $217,500 --
Austin Katherine $165,000 --
Austin Katherine $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Austin Katherine $97,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2016 11/03/16 Sold $217,500 -3.3% $171 / Sq Ft
09/13/2016 09/13/16 Pending -- -- --
09/05/2016 09/05/16 For Sale $224,900 +36.3% $177 / Sq Ft
01/31/2014 01/31/14 Sold $165,000 0.0% $130 / Sq Ft
01/04/2014 01/04/14 Pending -- -- --
12/13/2013 12/13/13 Off Market $165,000 -- --
11/21/2013 11/21/13 Price Changed $174,900 -7.9% $138 / Sq Ft
10/28/2013 10/28/13 For Sale $189,900 -- $149 / 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 $3,093 $298,600 $0 $298,600
2024 $3,133 $297,500 $0 $297,500
2023 $3,112 $279,100 $0 $279,100
2022 $3,114 $250,500 $0 $250,500
2021 $3,158 $242,400 $0 $242,400
2020 $3,081 $229,900 $0 $229,900
2019 $2,750 $192,300 $0 $192,300
2018 $2,991 $197,400 $0 $197,400
2017 $2,777 $178,000 $0 $178,000
2016 $2,309 $142,700 $0 $142,700
2015 $2,410 $143,900 $0 $143,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72061837

MLS Property Information Network (MLS PIN)

APN: LYNN-000053-000718-000001-000002-000002