Your North Shore lifestyle awaits at sought-after Sloan Machinery Lofts! Top floor unit w/deeded roof rights and parking, in-unit laundry w/storage, and large walk-in closet. This beautifully designed brick-and-beam industrial loft offers a versatile open concept layout w/dramatic 12’ ceilings, warm oak floors, and oversized windows, creating an airy, light-filled space. Fully applianced kitchen. Professionally managed HOA w/high owner occupancy and healthy financials. Recent $9,500 unit assessment paid in full for new roof. Pet friendly and FHA approved. Experience the neighborhood's diverse businesses, eateries, museums, art galleries, murals, and farmer's market. Downtown Lynn's Commuter Rail offers a quick 20 minute train ride to Boston! Walkable to the ocean and beaches along the gorgeous stretch of Lynn Shore/Nahant Beach Coastal Reservation. Don't miss The Northern Strand Bike Trail, majestic Lynn Woods, and Gannon Golf Course. Easy access to Logan Airport and major highways.
Sold for $405,000
$405,000
589 Essex St Unit 407, Lynn, MA 01901
1beds
936sqft
Condominium
Built in 1892
-- sqft lot
$415,400 Zestimate®
$433/sqft
$2,256 Estimated rent
Home value
$415,400
$395,000 - $436,000
$2,256/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Soraya Cacici 781-572-8725,
Nest Forward 781-572-8725
Bought with:
Janice Kostopoulos
Coldwell Banker Realty - Marblehead
Source: MLS PIN,MLS#: 73243211
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Features: Walk-In Closet(s), Flooring - Hardwood
- Level: First
- Area: 217.98
- Dimensions: 12.6 x 17.3
Bathroom 1
- Features: Bathroom - Full, Bathroom - With Tub & Shower, Closet - Linen, Flooring - Stone/Ceramic Tile
- Level: First
- Area: 69.66
- Dimensions: 8.6 x 8.1
Kitchen
- Features: Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Kitchen Island, Dryer Hookup - Electric, Open Floorplan, Stainless Steel Appliances, Storage, Gas Stove
- Level: First
- Area: 84.63
- Dimensions: 9.1 x 9.3
Living room
- Features: Bathroom - Full, Ceiling Fan(s), Flooring - Hardwood, Open Floorplan
- Level: First
- Area: 340.56
- Dimensions: 19.8 x 17.2
Heating
- Forced Air, Natural Gas, Individual, Unit Control
Cooling
- Central Air, Individual, Unit Control
Appliances
- Included: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
- Laundry: Electric Dryer Hookup, Walk-in Storage, Washer Hookup, First Floor, In Unit, Gas Dryer Hookup
Features
- Walk-In Closet(s), Entry Hall
- Flooring: Tile, Hardwood
- Basement: None
- Has fireplace: No
- Common walls with other units/homes: End Unit,2+ Common Walls
Interior area
- Total structure area: 936
- Total interior livable area: 936 sqft
Property
Parking
- Total spaces: 1
- Parking features: Off Street, Assigned, Deeded, Paved
- Uncovered spaces: 1
Accessibility
- Accessibility features: Accessible Entrance
Features
- Entry location: Unit Placement(Upper)
- Patio & porch: Deck - Roof + Access Rights
- Exterior features: Deck - Roof + Access Rights
- Waterfront features: Ocean, Walk to, 1 to 2 Mile To Beach, Beach Ownership(Public)
Lot
- Size: 0.58 Acres
Details
- Parcel number: M:069 B:642 L:013 S:029,4562870
- Zoning: BD
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Brick, Post & Beam
Condition
- Year built: 1892
- Major remodel year: 2005
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range, for Gas Oven, for Gas Dryer
Community & HOA
Community
- Features: Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University, Other
- Security: Intercom
HOA
- Amenities included: Elevator(s)
- Services included: Water, Sewer, Insurance, Maintenance Structure, Snow Removal, Trash, Reserve Funds
- HOA fee: $362 monthly
Location
- Region: Lynn
Financial & listing details
- Price per square foot: $433/sqft
- Tax assessed value: $401,700
- Annual tax amount: $4,230
- Date on market: 1/4/2026
Price history
| Date | Event | Price |
|---|---|---|
| 6/28/2024 | Sold | $405,000+1.5%$433/sqft |
Source: MLS PIN #73243211 Report a problem | ||
| 6/5/2024 | Contingent | $399,000$426/sqft |
Source: MLS PIN #73243211 Report a problem | ||
| 5/28/2024 | Listed for sale | $399,000+61.4%$426/sqft |
Source: MLS PIN #73243211 Report a problem | ||
| 9/7/2005 | Sold | $247,200$264/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,205 -0.6% | $405,900 +1% |
| 2024 | $4,230 +0.6% | $401,700 +6.5% |
| 2023 | $4,206 | $377,200 |
| 2022 | $4,206 +1.6% | $377,200 +18.7% |
| 2021 | $4,141 -9.8% | $317,800 -7.2% |
| 2020 | $4,590 +3.2% | $342,500 +10.2% |
| 2019 | $4,446 +2% | $310,900 +8.1% |
| 2018 | $4,359 +12.8% | $287,700 +16.2% |
| 2017 | $3,863 +36.9% | $247,600 +42% |
| 2016 | $2,822 +9.3% | $174,400 +13.2% |
| 2015 | $2,581 +2.5% | $154,100 +4.8% |
| 2014 | $2,518 +6.8% | $147,000 +5.5% |
| 2013 | $2,358 -16.4% | $139,300 -19.6% |
| 2012 | $2,820 | $173,200 |
Find assessor info on the county website
Neighborhood: 01901
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Nearby schools
GreatSchools rating
- 3/10Cobbet Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 1/10Fecteau-Leary Junior/Senior High SchoolGrades: 6-12Distance: 0.2 mi
- 1/10Lynn English High SchoolGrades: 9-12Distance: 0.8 mi
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Estimated market value
$415,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$415,400
- Massachusetts
- Essex County
- Lynn
- 01901
- 589 Essex St Unit 407
