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Backup Offers

20 Fayette St, Lynn, MA, 01902

$699,900

Home List Price

$8,311*

Closing Credit

6 Bedrooms
2 Full Baths
2,953 SqFt
$237/SqFt
Multi
Schools Nearby

Location

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20 Fayette St, Lynn$699,900

Buyer Closing Credits

$8,311*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingPaved Drive, Off Street, Paved
Year Built1900
HeatingBaseboard, Natural Gas, Electric
BasementYes
WaterfrontBeach
MLS #73227869
Lot Size0.14 Acres
StatusAccepting Backup Offers
(Contingent)

About 20 Fayette St

Welcome to this large 2-family home just outside the Diamond District and close to restaurants, shopping, the commuter rail & beautiful Lynn Shore Reservation. Offering spacious rooms and natural light, there is a whole-home, energy-efficient, tankless hot water and heating system. Each unit has a private laundry with mudroom. The second floor, move-in ready unit features 2 floors of living space, stainless steel appliances, hardwood floors, plenty of storage, and a private deck with a private entrance to enjoy a morning cup of coffee and outdoor grilling. With a little TLC and vision, the first floor unit has the potential to shine, making it ideal for investors or owner-occupants looking to customize their living space and increase rental income potential. Conveniently located, with easy access to Boston, there are 6 off-street parking spaces and a partially fenced-in yard. Don't miss your chance to make this home yours!

Property Details

Property Features

Property Information:

  • Year Built: 1900
  • Living Area: 2,953 SqFt

Listing Office:

  • Office Name: Michelle Larnard Real Estate Group LLC
  • Listing Agent: Amanda Kimball

Interior Features

Interior Information:

  • Appliances: Range, Disposal, Dishwasher, Microwave, Refrigerator, Dryer, ENERGY STAR Qualified Washer
  • Basement: Yes
  • Flooring Type: Wood, Varies, Laminate
  • Interior: Living Room, Dining Room, Kitchen, Mudroom

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Waterfront: Beach
  • Exterior: Rain Gutters

Parking Information:

  • Parking: Paved Drive, Off Street, Paved

Lot Features

Lot Information:

  • Lot: Other
  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Natural Gas, Electric

School Info

Assigned Schools Information:

  • Fecteau-Leary Junior/Senior High School, Public District Grades 7-12
  • Thurgood Marshall Middle School, Public District Grades 6-8
  • Ingalls, Public District Grades PK-5

Other

Directions Information:

  • Directions: Please use GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $699,900
  • Price Per SqFt: $237/SqFt

Agent Commission:

  • Buyer's Agent Commission: 2

Tax Information:

  • Annual Amount: $6,618
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$555K

Med. Price/SqFt

$351

Avg. Days On Market

23

# of Sold Homes

51

20 Fayette St vs Lynn

10 DAYS ON ROCKET

-13 Days

$699,900

+$144.9K More

$237/SqFt

-$114 Less

KEY TAKEAWAY

This property is $144.9K more than the Median Sold Price and $114/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: #73227869

Listing Office:

  • Office Name: Michelle Larnard Real Estate Group LLC
  • Listing Agent: Amanda Kimball

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.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 5/4/2024, 11:20:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$6,618$507,900
2020$6,122$456,900
2019$5,796$405,300
2018$5,304$350,100
2017$5,100$326,900

History based on county public records data.

Payment Calculator

$3,561

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,165

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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.

Elementary School

school-card-donut-5906303
3
/10
  • Ingalls

  • 1 Collins Street Ter

  • 0.28 miles

  • Public District Grades PK-5

Middle School

school-card-donut-5906304
4
/10
  • Thurgood Marshall Middle School

  • 19 Porter St

  • 0.37 miles

  • Public District Grades 6-8

High School

school-card-donut-5906305
1
/10
  • Fecteau-Leary Junior/Senior High School

  • 33 N Common St

  • 1.06 miles

  • Public District Grades 7-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $47,054. The most common annual income of people living in Lynn, MA is between $35k-100k. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas


Rocket Homes›Massachusetts›Essex County›Lynn›01902›20 Fayette St

This home is located at 20 Fayette St in Lynn, MA and zip code 01902. This 2,953 square foot home, which was built in 1900, sits on a 0.14 acre lot. Features: 6 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 24, 2024 and is currently priced at $699,900.

Lynn, MA housing market in April 2024 saw over 39 listings sold above listed price, more than 3 sold at listed price and over 9 sold below. The number of homes for sale in Lynn, MA increased by 16.7% between March 2024 and April 2024. Listings spent 23 days on the market in April 2024, and had a median list price of $555,000 during the same period.

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

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