Seller's Agent in 2024
Maria Fabiano
Maria Fabiano Realty
(617) 794-4257
3 in this area
97 Total Sales
88 Franklin St Unit 302 Lynn, MA 01902
Central Lynn NeighborhoodEstimated Value: $474,000 - $537,171
2
Beds
2
Baths
2,034
Sq Ft
$571/mo
HOA Fee
Highlights
- No Units Above
- Wood Flooring
- Loft
- Open Floorplan
- Main Floor Primary Bedroom
- Community Garden
About This Home
As of August 2024OPEN HOUSE CANCELLED OFFER ACCEPTED!Welcome to Ladder 3 Lofts, where history meets modern luxury! This unique 2-bedroom, 2-bathroom condo offers 2034 sq ft of stylish living space in a former firehouse, seamlessly blending character and contemporary comforts. Enjoy the expansive, airy feel with an open layout, high ceilings, and exposed brick. The updated kitchen boasts BRAND NEW stainless steel appliances, including a gas stove, sleek countertops, and ample storage. Thoughtfully installed recessed lighting ensures a bright, welcoming environment. The loft area offers additional space for an office, guest room, or lounge. Convenient in-unit laundry and efficient central heat and air make everyday living a breeze. Two dedicated parking spots provide hassle-free parking. Large windows flood the space with natural light, creating a warm and inviting atmosphere. Located in the heart of the city, this condo is not just a home; it's a lifestyle.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,918
Year Built
- Built in 1890
Lot Details
- No Units Above
- Security Fence
HOA Fees
- $571 Monthly HOA Fees
Home Design
- Brick Exterior Construction
Interior Spaces
- 2,034 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Light Fixtures
- Loft
- Wood Flooring
- Intercom
- Basement
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bedroom on Main
- 2 Full Bathrooms
Laundry
- Laundry on main level
- Dryer
- Washer
Parking
- 2 Car Parking Spaces
- Off-Street Parking
- Deeded Parking
Utilities
- Central Heating and Cooling System
- 100 Amp Service
Listing and Financial Details
- Assessor Parcel Number 4591567
Community Details
Overview
- Association fees include water, sewer, insurance, security, maintenance structure, ground maintenance, snow removal, trash
- 15 Units
Amenities
- Community Garden
- Community Storage Space
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 3, 2023
Closed on
Apr 12, 2023
Sold by
Giudice Salvatore R and Giudice Lida Nanae
Bought by
Demoura Gustavo and Tarani Nicole M
Seller's Agent
Anchor Team RE
LAER Realty Partners
Buyer's Agent
Maria Fabiano
Maria Fabiano Realty
List Price
$350,000
Sold Price
$380,000
Premium/Discount to List
$30,000
8.57%
Total Days on Market
15
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
$121,543
Avg. Annual Appreciation
12.42%
Original Mortgage
$373,117
Interest Rate
6.65%
Mortgage Type
FHA
Purchase Details
Closed on
Dec 24, 2007
Sold by
Rcg Franklin Firehose
Bought by
Iida Nanae and Giudice Salvatore Rober
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Demoura Gustavo | $380,000 | None Available | |
| Demoura Gustavo | $380,000 | None Available | |
| Demoura Gustavo | $380,000 | None Available | |
| Iida Nanae | $264,000 | -- | |
| Iida Nanae | $264,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Belanger Bradley | $446,103 | |
| Closed | Belanger Bradley | $446,103 | |
| Closed | Demoura Gustavo | $373,117 | |
| Previous Owner | Iida Nanae | $158,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/15/2024 08/15/24 | Sold | $459,900 | +2.2% | $226 / Sq Ft |
| 07/12/2024 07/12/24 | Pending | -- | -- | -- |
| 07/09/2024 07/09/24 | Price Changed | $449,900 | -6.3% | $221 / Sq Ft |
| 06/26/2024 06/26/24 | For Sale | $479,900 | +26.3% | $236 / Sq Ft |
| 04/12/2023 04/12/23 | Sold | $380,000 | +8.6% | $187 / Sq Ft |
| 03/06/2023 03/06/23 | Pending | -- | -- | -- |
| 03/03/2023 03/03/23 | For Sale | $350,000 | -- | $172 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $3,863 | $372,900 | $0 | $372,900 |
| 2024 | $3,918 | $372,100 | $0 | $372,100 |
| 2023 | $3,896 | $349,400 | $0 | $349,400 |
| 2022 | $3,907 | $314,300 | $0 | $314,300 |
| 2021 | $3,965 | $304,300 | $0 | $304,300 |
| 2020 | $3,873 | $289,000 | $0 | $289,000 |
| 2019 | $3,455 | $241,600 | $0 | $241,600 |
| 2018 | $3,760 | $248,200 | $0 | $248,200 |
| 2017 | $3,490 | $223,700 | $0 | $223,700 |
| 2016 | $2,919 | $180,400 | $0 | $180,400 |
| 2015 | $3,049 | $182,000 | $0 | $182,000 |
Source: Public Records
Agents Affiliated with this Home
-
Maria Fabiano
-
Andrea Mackey
A
Buyer's Agent in 2024
Andrea Mackey
Barrett Sotheby's International Realty
1 in this area
15 Total Sales
-
Anchor Team RE
A
Seller's Agent in 2023
Anchor Team RE
Laer Realty
1 in this area
26 Total Sales
-
John Laffy
Seller Co-Listing Agent in 2023
John Laffy
Laer Realty
(978) 273-1113
1 in this area
26 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73257477
APN: LYNN-000053-000718-000001-000014-000014
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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