$315,000
SOLD JUN 8, 2018

88 Franklin St Unit 303 Lynn, MA 01902

Central Lynn Neighborhood
2 Beds
2 Baths
2,021 Sq Ft
$377/mo HOA Fee

Recently Sold

$156 Per Sq Ft

5% Above List Price

7 Days on Market

About This Home

As of June 2018

Now is your chance to own this rare, awesome, recently remodeled, architecturally brilliant, penthouse Designer's Unit-- in a cool, turn-of-the-century converted Firehouse! Photo's don't suffice. You want Style? Character!? This warm and inviting, pet-friendly home offers soaring ceilings, exposed brick, unique shapes, fantastic natural light, granite/SS kitch. New in-unit laundry, fresh paint throughout, gorgeous floors, 4 generous closets, plus private storage rm.& best part: It offers a truly peaceful oasis in the city! Walk to T. Only 5 mins to Nahant & Lynn beaches, and 5 mins more to Swampscott beaches&shopping! In short, you get 2K+ sq ft, 2 beds, 2 bths, on 2 flrs, with 2 parking spaces-- right at the front door! Someone has to have the nicest PH in the area [a $1M loft if in Camb/Bost]. Why not you? 1st showing at 1st OH on 4/22, 1-2. Offers, if any, due by Mon. @ 6pm. Why get just a condo, when you can enjoy a piece of city paradise! Pride of ownership? Absolutely! C'mon by.

Last Agent to Sell the Property

Janice Hoffman

Signs of Success Realty Group Listed on: 04/17/2018

Last Buyer's Agent

Marilyn Ellis

Leading Edge Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,015

Year Built

  • Built in 1890

Lot Details

  • Year Round Access

HOA Fees

  • $377 per month

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Hydro-Air Heating System
  • Individual Controls for Heating
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Basement

Community Details

  • Pets Allowed

Listing and Financial Details

  • Assessor Parcel Number M:053 B:718 L:001 S:015

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,015

Year Built

Built in 1890

Lot Details

0

HOA Fees

$377 per month

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Loft
  • Other Agent: 1.00
  • Year Built Description: Actual, Renovated Since
  • List Price Per Sq Ft: 148.44
  • Comp Based On: Net Sale Price
  • Year Built: 1890
  • Lead Paint: Unknown
  • Year Round: Yes
  • Unit Building: 303
  • Unit Level: 3
  • Unit Placement: Upper, Top/Penthouse
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1890

Interior Features

  • Flooring: Tile, Hardwood
  • Interior Amenities: Cable Available
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
  • No Bedrooms: 2
  • Master Bedroom: On Level: Third Floor, Dimension: 15X15, Closet, Flooring - Hardwood, Remodeled
  • Bedroom 2: On Level: Fourth Floor, Dimension: 15X24, Closet, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Cable Hookup, Remodeled
  • Full Bathrooms: 2
  • Bathroom 1: On Level: Third Floor
  • Bathroom 2: On Level: Fourth Floor
  • No Rooms: 5
  • Dining Room: On Level: Third Floor, Dimension: 7X10, Flooring - Hardwood, Remodeled
  • Family Room: On Level: Third Floor, Dimension: 14X17, Flooring - Hardwood
  • Kitchen: On Level: Third Floor, Pantry, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Remodeled, Gas Stove
  • Laundry: On Level: Third Floor, Dryer Hookup - Gas, Washer Hookup
  • Living Room: On Level: Third Floor, Dimension: 16X17, Closet, Flooring - Hardwood, High Speed Internet Hookup, Open Floor Plan, Remodeled
  • Basement: Y
  • Other Room 2: Name: Sitting Room, Dimension: 14X10
  • Other Room 3: Name: Other, Dimension: 9X10
  • No Living Levels: 2
  • Main Lo: AC1433
  • Main So: AN4643
  • Estimated Sq Ft: 2021.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 1/2 to 1 Mile
  • Construction: Brick
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Brick

Garage/Parking

  • Parking Feature: Off-Street, Deeded, Paved Driveway
  • Parking Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Cooling: Central Air, Unit Control
  • Cooling Zones: 1
  • Heating: Forced Air, Gas, Unit Control, Hydro Air
  • Heat Zones: 1
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Gas Dryer, Washer Hookup

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Conservation Area, T-Station, University
  • HOA Fees: 377.00
  • Association Fee Includes: Water, Sewer, Master Insurance, Exterior Maintenance, Landscaping, Snow Removal, Extra Storage, Reserve Funds
  • Condo Association: Yes
  • Association Security: Intercom
  • Management: Professional - Off Site

Association/Amenities

  • Condominium Name: Ladder 3 Lofts Condominium

Lot Info

  • Assessments: 244700.00
  • Acre: 0.27
  • Lot Size: 11906.00
  • Page: 499
  • Parcel Number: M:053 B:718 L:001 S:015
  • Zoning: R4

Green Features

  • Energy Features: Insulated Windows, Prog. Thermostat

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Taxes: 3707.00
  • Assessor Parcel Number: 4594881

Multi Family

  • No Units: 15
  • No Units Owner Occ: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 24, 2020
Sold by
Rogers Alex J
Bought by
Rogers Alex J and Rogers Shanique M
Current Estimated Value
$522,185

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,000
Outstanding Balance
$269,578
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$233,632

Purchase Details

Listed on
Apr 17, 2018
Closed on
Jun 8, 2018
Sold by
Jancie Hoffman 2016 Lt
Bought by
Rogers Alex J
Seller's Agent
Janice Hoffman
Signs of Success Realty Group
Buyer's Agent
Marilyn Ellis
Leading Edge Real Estate
List Price
$300,000
Sold Price
$315,000
Premium/Discount to List
$15,000
5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.71%
Original Mortgage
$305,550
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 25, 2016
Closed on
Jan 5, 2017
Sold by
Musser Eric and Musser Leslie
Bought by
Janice Hoffman 2016 Lt
Seller's Agent
Amy Wallick
Lamacchia Realty, Inc.
Buyer's Agent
Janice Hoffman
Signs of Success Realty Group
List Price
$279,900
Sold Price
$250,000
Premium/Discount to List
-$29,900
-10.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.67%

Purchase Details

Listed on
Apr 22, 2013
Closed on
Jul 17, 2013
Sold by
Franklin Pt and Franklin Carafa
Bought by
Jamison Leslie and Musser Eric
Seller's Agent
Kimberly Dowling
Vylla Home
Buyer's Agent
Jeffrey Chubb
Real Broker MA, LLC
List Price
$199,900
Sold Price
$199,000
Premium/Discount to List
-$900
-0.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.80%
Original Mortgage
$189,050
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 22, 2013
Closed on
Jun 3, 2013
Sold by
Perez Bahareh
Bought by
Pt Franklin
Seller's Agent
Kimberly Dowling
Vylla Home
Buyer's Agent
Jeffrey Chubb
Real Broker MA, LLC
List Price
$199,900
Sold Price
$199,000
Premium/Discount to List
-$900
-0.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,050
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 2007
Sold by
Rcg Franklin Fir Llc
Bought by
Perez Benjamin J and Perez Bahareh
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Not Resolvable $315,000 --
Not Resolvable $250,000 --
Deed $199,000 --
Deed $199,000 --
Foreclosure Deed $119,500 --
Foreclosure Deed $119,500 --
Deed $315,000 --
Deed $315,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $100,000 Credit Line Revolving
Open $302,000 New Conventional
Previous Owner $305,550 New Conventional
Previous Owner $189,050 New Conventional
Previous Owner $74,052 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2018 06/08/18 Sold $315,000 +5.0% $156 / Sq Ft
04/24/2018 04/24/18 Pending -- -- --
04/17/2018 04/17/18 For Sale $300,000 +20.0% $148 / Sq Ft
01/05/2017 01/05/17 Sold $250,000 -5.7% $124 / Sq Ft
10/19/2016 10/19/16 Pending -- -- --
10/11/2016 10/11/16 Price Changed $265,000 -5.3% $131 / Sq Ft
09/25/2016 09/25/16 For Sale $279,900 +40.7% $138 / Sq Ft
07/17/2013 07/17/13 Sold $199,000 -0.5% $98 / Sq Ft
05/01/2013 05/01/13 Pending -- -- --
04/22/2013 04/22/13 For Sale $199,900 -- $99 / 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 $4,015 $387,500 $0 $387,500
2024 $4,067 $386,200 $0 $386,200
2023 $4,043 $362,600 $0 $362,600
2022 $4,053 $326,100 $0 $326,100
2021 $4,114 $315,700 $0 $315,700
2020 $4,016 $299,700 $0 $299,700
2019 $3,406 $238,200 $0 $238,200
2018 $3,707 $244,700 $0 $244,700
2017 $3,438 $220,400 $0 $220,400
2016 $2,874 $177,600 $0 $177,600
2015 $3,000 $179,100 $0 $179,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72310271

MLS Property Information Network (MLS PIN)

APN: LYNN-000053-000718-000001-000015-000015