NOT LISTED FOR SALE

88 Franklin St Unit 203 Lynn, MA 01902

Central Lynn Neighborhood

Estimated Value: $289,000 - $399,000

1 Bed
1 Bath
1,026 Sq Ft
0.27 Acres

Last Sold September 26, 2016

Last sale price $190,000 $185 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $2,069/month

4 Days on Market

About This Home

As of September 2016

Ladder 3 Lofts!!!Don't hesitate on making an offer on this lovely 19th Century Firehouse Condo Conversion. This particular unit offers an open concept living area with high ceilings complimented with brick exposure!! The kitchen offers updated cabinets, granite counter tops and stainless steel appliances. Washer/dryer are located inside of this unit!! Looking for off street parking? This Unit comes with a deeded parking spot!! Close to all major highways such as Rt-1, Rt-95, Rt-128 and the commuter rail. Area amenities are unlimited and minutes from the beach!!

Last Agent to Sell the Property

Paul O'Rourke

The O'Rourke Group Real Estate Professionals Listed on: 08/11/2016

Last Buyer's Agent

Sue Kim

Keller Williams Realty Boston Northwest

Keller Williams Realty Boston Northwest

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,041

Year Built

1890

Lot Details

0

Listing Details

  • Unit Level: 2
  • Unit Placement: Upper
  • Property Type: Condominium/Co-Op
  • Other Agent: 2.50
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1890

Interior Features

  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
  • Has Basement: Yes
  • Number of Rooms: 3
  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School
  • Electric: Circuit Breakers, 100 Amps
  • Energy: Insulated Windows, Storm Windows
  • Flooring: Wood, Tile, Hardwood
  • Bathroom #1: First Floor
  • Kitchen: First Floor
  • Living Room: First Floor
  • Master Bedroom: First Floor
  • Master Bedroom Description: Flooring - Wood
  • No Living Levels: 1

Exterior Features

  • Construction: Brick
  • Exterior: Brick
  • Beach Ownership: Other (See Remarks)

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 1

Utilities

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

Condo/Co-op/Association

  • Condominium Name: Ladder 3 Lofts
  • Association Fee Includes: Water, Sewer, Master Insurance, Exterior Maintenance, Landscaping, Snow Removal, Extra Storage, Refuse Removal
  • Association Security: Fenced
  • Management: Professional - Off Site
  • Pets Allowed: Yes w/ Restrictions
  • No Units: 15
  • Optional Fee: 0.00
  • Unit Building: 203

Fee Information

  • Fee Interval: Monthly

Lot Info

  • Assessor Parcel Number: M:053 B:718 L:001 S:009
  • Zoning: R4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2016
Closed on
Sep 26, 2016
Sold by
Marderosian Brian J
Bought by
Canning Elizabeth A
Seller's Agent
Paul O'Rourke
The O'Rourke Group Real Estate Professionals
Buyer's Agent
Sue Kim
Keller Williams Realty Boston Northwest
List Price
$185,000
Sold Price
$190,000
Premium/Discount to List
$5,000
2.7%
Current Estimated Value
$335,845

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,845
Avg. Annual Appreciation
6.47%
Original Mortgage
$184,300
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 5, 2013
Closed on
Jan 8, 2014
Sold by
Todisco Properties Llc
Bought by
Marderosian Brian J
Seller's Agent
Eugene Clements
Clements Realty Group
Buyer's Agent
Hill Team Associates
eXp Realty
List Price
$149,900
Sold Price
$137,500
Premium/Discount to List
-$12,400
-8.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.63%
Original Mortgage
$130,625
Interest Rate
4.29%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 12, 2013
Closed on
Oct 22, 2013
Sold by
Duddy Stephanie
Bought by
Todisco Properties Llc
Seller's Agent
Steve Antonucci
RE/MAX Preferred Properties
Buyer's Agent
Eugene Clements
Clements Realty Group
List Price
$119,900
Sold Price
$99,000
Premium/Discount to List
-$20,900
-17.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
377.94%

Purchase Details

Closed on
May 4, 2007
Sold by
Dougherty William C
Bought by
Duddy Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 15, 2006
Sold by
Firehous Rcg Franklin
Bought by
Dougherty William C
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
Canning Elizabeth A $190,000 --
Marderosian Brian J $137,500 --
Todisco Properties Llc $99,000 --
Duddy Stephanie $240,000 --
Duddy Stephanie $240,000 --
Dougherty William C $239,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Canning Elizabeth $25,484
Open Canning Elizabeth A $179,000
Closed Canning Elizabeth A $184,300
Closed Canning Elizabeth A $5,700
Previous Owner Marderosian Brian J $130,625
Previous Owner Dougherty William C $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2016 09/26/16 Sold $190,000 +2.7% $185 / Sq Ft
08/15/2016 08/15/16 Pending -- -- --
08/11/2016 08/11/16 For Sale $185,000 +34.5% $180 / Sq Ft
01/07/2014 01/07/14 Sold $137,500 0.0% $134 / Sq Ft
11/19/2013 11/19/13 Off Market $137,500 -- --
11/14/2013 11/14/13 Price Changed $145,000 -3.3% $141 / Sq Ft
11/05/2013 11/05/13 For Sale $149,900 +51.4% $146 / Sq Ft
10/22/2013 10/22/13 Sold $99,000 -17.4% $96 / Sq Ft
09/12/2013 09/12/13 Pending -- -- --
09/12/2013 09/12/13 For Sale $119,900 -- $117 / 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 $3,041 $293,500 $0 $293,500
2024 $3,079 $292,400 $0 $292,400
2023 $3,060 $274,400 $0 $274,400
2022 $3,063 $246,400 $0 $246,400
2021 $3,106 $238,400 $0 $238,400
2020 $3,031 $226,200 $0 $226,200
2019 $2,704 $189,100 $0 $189,100
2018 $2,944 $194,300 $0 $194,300
2017 $2,736 $175,400 $0 $175,400
2016 $2,280 $140,900 $0 $140,900
2015 $2,380 $142,100 $0 $142,100
Source: Public Records

Agents Affiliated with this Home

  • Paul O'Rourke

    Seller's Agent in 2016

    Paul O'Rourke

    The O'Rourke Group Real Estate Professionals

    (508) 579-1221

    105 Total Sales

    Paul O'Rourke
    Section Image
  • Sue Kim

    Buyer's Agent in 2016

    Sue Kim

    Keller Williams Realty Boston Northwest

    (617) 312-8530

    55 Total Sales

    Sue Kim
    Section Image
  • Eugene Clements

    Seller's Agent in 2014

    Eugene Clements

    Clements Realty Group

    (781) 595-9600

    1 in this area

    52 Total Sales

    Eugene Clements
    Section Image
  • Steve Antonucci

    Seller's Agent in 2013

    Steve Antonucci

    RE/MAX

    (617) 908-7712

    48 Total Sales

    Steve Antonucci
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72052040

MLS Property Information Network (MLS PIN)

APN: LYNN-000053-000718-000001-000009-000009

Massachusetts Essex County Lynn 01902 Central Lynn

88 Franklin St Unit 203, Lynn, MA

This home is located at 88 Franklin St Unit 203, Lynn, MA 01902 since 11 August 2016 and is currently estimated at $335,845, approximately $327 per square foot. This property was built in 1890. 88 Franklin St Unit 203 is a home located in Essex County with nearby schools including Washington Elementary School, William R. Fallon School, and Fecteau-Leary Junior/Senior High School.

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.

MLS Property Information Network (MLS PIN) 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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