Sold for $408,000

$408,000

87 Broad St #1, Lynn, MA 01902

3beds

1,244sqft

Condominium

Built in 1900

-- sqft lot

$402,500 Zestimate^®

$328/sqft

$3,180 Estimated rent

Home value

$402,500

$382,000 - $423,000

$3,180/mo

Zestimate^® history

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$3,180/mo

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$2,888/mo

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$2,888/mo

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What's special

Large 3 Bedroom, 2 Full Bathroom, and 1244 square foot condo with a Separate Living Room and Dining Room plus One Off- Street Parking Spot. This First Floor unit features Hardwood Floors throughout, a Modern Kitchen, Shared Yard Space, and Laundry Hookups in the Basement. Walk to local shops, restaurants, and the Beach is close by. Commuter rail is right around to the corner for easy access to Downtown Boston...Staged pictures of the living room and one bedroom are from Unit 2 in this building which is the same exact layout as this condo. This condo is not staged and currently has tenants living in the unit with their furniture. Tenants will be vacating in 60 days

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Heating

Baseboard, Natural Gas

Cooling

Window Unit(s)

Features

Has basement: Yes
Has fireplace: No

Interior area

Total structure area: 1,244
Total interior livable area: 1,244 sqft

Property

Parking

Total spaces: 1
Uncovered spaces: 1

Features

Entry location: Unit Placement(Street)
Waterfront features: Ocean, 1/2 to 1 Mile To Beach, Beach Ownership(Public)

Lot

Size: 7,967 Square Feet

Details

Parcel number: M:082 B:598 L:014 S:001,4698833
Zoning: R5

Construction

Type & style

Home type: Condo
Property subtype: Condominium

Condition

Year built: 1900

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

HOA

Services included: Water, Sewer, Insurance, Maintenance Grounds, Snow Removal, Reserve Funds
HOA fee: $287 monthly

Location

Region: Lynn

Financial & listing details

Price per square foot: $328/sqft
Tax assessed value: $258,900
Annual tax amount: $2,726
Date on market: 1/20/2026

Price history

Date	Event	Price
5/28/2024	Sold	$408,000-2.8%$328/sqft
Source: MLS PIN #73211546 Report a problem
3/13/2024	Listed for sale	$419,900+459.9%$338/sqft
Source: MLS PIN #73211546 Report a problem
11/17/2009	Sold	$75,000-60.7%$60/sqft
Source: Public Record Report a problem
2/23/2007	Sold	$191,000$154/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,984 +46.1%	$384,600 +48.6%
2024	$2,726 +12.3%	$258,900 +18.9%
2023	$2,428	$217,800
2022	$2,428 +4.1%	$217,800 +21.7%
2021	$2,332 +19%	$179,000 +22.4%
2020	$1,960 -0.3%	$146,300 +6.5%
2019	$1,965 -0.3%	$137,400 +5.6%
2018	$1,971 +7.7%	$130,100 +10.9%
2017	$1,830 +0.9%	$117,300 +4.6%
2016	$1,814 +10.1%	$112,100 +13.9%
2015	$1,648 +0.5%	$98,400 +2.8%
2014	$1,639 +1.2%	$95,700
2013	$1,620 -2.2%	$95,700 -6%
2012	$1,657	$101,800