NOT LISTED FOR SALE

88 Franklin St Unit 201 Lynn, MA 01902

Central Lynn Neighborhood

Estimated Value: $365,189 - $423,000

2 Beds
1 Bath
1,193 Sq Ft
0.27 Acres

Last Sold June 16, 2016

Last sale price $215,000 $180 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $2,368/month

34 Days on Market

About This Home

As of June 2016

Amazing character in this loft style unit at the Ladder 3 Lofts. This building is a converted 19th century firehouse.10 foot high ceilings, exposed brick, custom windows, with a modern kitchen & bathroom. Washer and Dryer are in the unit. Kitchen has granite counters & there are hardwood floors throughout. The building is professionally managed & includes 1 deeded parking space too!

Last Agent to Sell the Property

Thomas Mario

Century 21 Mario Real Estate Listed on: 03/08/2016

Century 21 Mario Real Estate

Last Buyer's Agent

Kelly Burke

Benoit Real Estate Group ,LLC

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,187

Year Built

1890

Lot Details

0

Listing Details

  • Unit Level: 2
  • Property Type: Condominium/Co-Op
  • Lead Paint: Unknown
  • Special Features: 20
  • Property Sub Type: Condos
  • Year Built: 1890

Interior Features

  • Has Basement: No
  • Number of Rooms: 4
  • Amenities: Public Transportation, Shopping, Swimming Pool, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School
  • Electric: Circuit Breakers
  • No Living Levels: 2

Exterior Features

  • Construction: Brick
  • Exterior: Brick

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 1

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Hot Water: Tank
  • 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
  • Management: Professional - Off Site
  • No Units: 15
  • Unit Building: 201

Fee Information

  • Fee Interval: Monthly

Lot Info

  • Assessor Parcel Number: M:053 B:718 L:001 S:007
  • Zoning: R4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2016
Closed on
Jun 15, 2016
Sold by
Santander Bank Na
Bought by
Rivero Sarah
Seller's Agent
Thomas Mario
Century 21 Mario Real Estate
Buyer's Agent
Kelly Burke
Benoit Real Estate Group ,LLC
List Price
$198,000
Sold Price
$215,000
Premium/Discount to List
$17,000
8.59%
Current Estimated Value
$388,797

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,797
Avg. Annual Appreciation
6.52%
Original Mortgage
$204,250
Outstanding Balance
$164,953
Interest Rate
3.61%
Mortgage Type
New Conventional
Estimated Equity
$220,322

Purchase Details

Closed on
Feb 12, 2016
Sold by
Wade Karen
Bought by
Santander Bank Na

Purchase Details

Closed on
Dec 20, 2006
Sold by
Rcg Franklin Llc
Bought by
Wade Karen P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage
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
Rivero Sarah $215,000 --
Santander Bank Na $15,506 --
Santander Bank Na $15,506 --
Wade Karen P $250,000 --
Wade Karen P $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marshall Sarah A $50,000
Open Marshall Sarah $100,000
Open Rivero Sarah $204,250
Closed Rivero Sarah $204,250
Previous Owner Wade Karen P $170,000
Previous Owner Wade Karen P $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2016 06/16/16 Sold $215,000 +8.6% $180 / Sq Ft
04/11/2016 04/11/16 Pending -- -- --
03/08/2016 03/08/16 For Sale $198,000 -- $166 / 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 $3,187 $307,600 $0 $307,600
2024 $3,227 $306,500 $0 $306,500
2023 $3,207 $287,600 $0 $287,600
2022 $3,209 $258,200 $0 $258,200
2021 $3,255 $249,800 $0 $249,800
2020 $3,174 $236,900 $0 $236,900
2019 $2,833 $198,100 $0 $198,100
2018 $3,083 $203,500 $0 $203,500
2017 $2,863 $183,500 $0 $183,500
2016 $2,382 $147,200 $0 $147,200
2015 $2,487 $148,500 $0 $148,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71968998

MLS Property Information Network (MLS PIN)

APN: LYNN-000053-000718-000001-000007-000007