2 months on rocket

88 Franklin St Unit 101, Lynn, MA, 01902

$350,000

Home List Price

$4,156*

Closing Credit

2 Bedrooms
1 Full Bath
1,195 SqFt
$293/SqFt
Condo

Location

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88 Franklin St Unit 101, Lynn$350,000

Buyer Closing Credits

$4,156*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingOff Street, Deeded, Exclusive Parking
Year Built1890
HeatingForced Air, Natural Gas
CoolingCentral Air
MLS #73283018
StatusActive

About 88 Franklin St Unit 101

Welcome to Ladder 3 Lofts. Roll up your sleeves and make this unit shine once more! You will be stepping into a piece of history with this one-of-a-kind, converted firehouse loft. This 2 bedroom 1 bath unit boasts 14-foot tall ceilings, genuine maple hardwood floors, and an abundance of natural sunlight. This is a rare find that perfectly blends historic charm with modern living. The layout is cozy yet spacious, especially with those high ceilings. Open concept floor plan for you to install the kitchen of your dreams! Your own private oasis awaits on the private patio area which is perfect for morning coffee or evening relaxation with a good book. Located in a vibrant neighborhood with easy access to local amenities. Comes with 2 parking spots, a dedicated storage space and pet friendly! This property offers the perfect combination of history, style, and convenience. With a little TLC this unit will be sure to impress. Cash/Reno loan. See remarks.

Property Details

Property Features

Property Information:

  • Year Built: 1890
  • Living Area: 1,195 SqFt

Listing Office:

  • Office Name: eXp Realty
  • Office Phone: (888) 854-7493
  • Listing Agent: Chloe Brown

Interior Features

Interior Information:

  • Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
  • Flooring Type: Wood, Tile

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Patio - Enclosed

Parking Information:

  • Parking: Off Street, Deeded, Exclusive Parking

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air

Other

Directions Information:

  • Directions: GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $350,000
  • Price Per SqFt: $293/SqFt

HOA Fees:

  • Amount: $407
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $3,153
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Lynn, MA.

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Lynn, MA

City

Med. Sold Price

$570K

Med. Price/SqFt

$357

Avg. Days On Market

23

# of Sold Homes

43

88 Franklin St Unit 101 vs Lynn

79 DAYS ON ROCKET

+56 Days

$350,000

-$220K Less

$293/SqFt

-$65 Less

KEY TAKEAWAY

This property is $220K less than the Median Sold Price and $65/SqFt less than other homes in Lynn, MA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MLS Property Information Network
  • MLS Number: #73283018

Listing Office:

  • Office Name: eXp Realty
  • Office Phone: (888) 854-7493
  • Listing Agent: Chloe Brown

IDX Disclaimer: The property listing data and information 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 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 set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 10:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 31, 2012Home Sold
$108,500
Nov 20, 2006Home Sold
$261,000

Tax History

YEARPROP. TAXASSESSMENT
2021$3,153$242,000
2020$3,079$229,800
2019$2,747$192,100
2018$2,989$197,300
2017$2,772$177,700

History based on county public records data.

Payment Calculator

$2,221

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,116

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-399500
2
/10

  • Cobbet Elementary School

  • 40 Franklin St

  • 0.14 miles

  • Public District Grades KG-5

school-card-donut-399501
2
/10

  • Washington Elementary School

  • 58 Blossom St

  • 0.38 miles

  • Public District Grades PK-5

school-card-donut-399502
2
/10

  • Wm P Connery

  • 50 Elm St

  • 0.51 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $25,617. The majority of Lynn, MA residents have income less than $35k annually. Most families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 88 Franklin St Unit 101

What is the listing price of this property?

The listing price of 88 Franklin St Unit 101 property is $350,000.

What type of property is this?

The property 88 Franklin St Unit 101 is a condo located in Lynn, Massachusetts, 01902.

Is this property for sale now?

Active Listing: 88 Franklin St Unit 101 is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,153 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on January 31, 2012 for $108,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 88 Franklin St Unit 101 has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 88 Franklin St Unit 101 is 1,195 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 88 Franklin St Unit 101 is 1890.

Rocket Homes›Massachusetts›Essex County›Lynn›01902›88 Franklin St Unit 101

This home is located at 88 Franklin St Unit 101 in Lynn, MA and zip code 01902. This 1,195 square foot home was built in 1890. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since August 29, 2024 and is currently priced at $350,000.

Lynn, MA housing market in October 2024 saw over 27 listings sold above listed price, more than 4 sold at listed price and over 12 sold below. The number of listings in Lynn, MA decreased by 1.1% between September 2024 and October 2024. In October 2024 median list price was $570,000 and the average listing age was 23 days.

From Rocket Homes Real Estate and based on county public records data.

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