11 days on rocket

27 Madison St, Lynn, MA, 01902

$529,000

Home List Price

$6,282*

Closing Credit

2 Bedrooms
1 Full Bath
1,320 SqFt
$401/SqFt
House
Schools Nearby

Location

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27 Madison St, Lynn$529,000

Buyer Closing Credits

$6,282*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingPaved Drive, Off Street, Tandem
Year Built1958
HeatingForced Air, Natural Gas
CoolingNone
BasementYes
WaterfrontBeach, Ocean Front
MLS #73234111
Lot Size0.62 Acres
StatusActive
(Price Changed)

About 27 Madison St

This hidden gem is one of the few properties that is one of a kind in Lynn that may have sufficient land to be subdivided into 2 parcels. This is a 26,962+- sq foot lot, with a 5 room 2 bedroom adorable ranch style home that sits in one corner of the lot, This home offers great space and generous size rooms. Welcoming living room with built in book case, formal dinning room offers built in buffet with cabinet space and countertops, great for entertaining. Large kitchen with laundry hook up, 2 generous size bedrooms both with hardwood flooring and walk in closets. Knotty-pine cathedral ceilings and lots of windows throughout. There is a deck of the back of the house, 2 off street parking spaces, updated heating system and electric, Nicely landscaped. This home offers generous size rooms, close to the Hood Elementary School. Zoning determination paperwork and plot plan attached. Showings will begin Saturday, 5/11 10:30am-12:00pm open house.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1958
  • Living Area: 1,320 SqFt

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Commonwealth Real Estate
  • Listing Agent: Ann Marie Wilcox

Interior Features

Interior Information:

  • Appliances: Water Heater, Range
  • Basement: Yes
  • Flooring Type: Wood

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Beach, Ocean Front
  • Exterior: Porch, Deck - Roof, Rain Gutters

Parking Information:

  • Parking: Paved Drive, Off Street, Tandem

Lot Features

Lot Information:

  • Lot: Corner Lot, Gentle Sloping
  • Lot Size: 0.62 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: None

School Info

Assigned Schools Information:

  • Lynn English High School, Public District Grades 9-12
  • Fecteau-Leary Junior/Senior High School, Public District Grades 7-12
  • Thurgood Marshall Middle School, Public District Grades 6-8
  • Hood, Public District Grades KG-5

Other

Directions Information:

  • Directions: Oakwood Ave to Madison

Price Information

Listing Price Info

Price Summary:

  • List Price: $529,000
  • Price Per SqFt: $401/SqFt

Agent Commission:

  • Buyer's Agent Commission: 2

Tax Information:

  • Annual Amount: $3,960
  • 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

$555K

Med. Price/SqFt

$351

Avg. Days On Market

23

# of Sold Homes

51

27 Madison St vs Lynn

11 DAYS ON ROCKET

-12 Days

$529,000

-$26K Less

$401/SqFt

+$50 More

KEY TAKEAWAY

This property is $26K less than the Median Sold Price and $50/SqFt more 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: #73234111

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Commonwealth Real Estate
  • Listing Agent: Ann Marie Wilcox

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: 5/19/2024, 12:20:32 PM 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$3,960$303,900
2020$3,899$291,000
2019$3,857$269,700
2018$3,750$247,500
2017$3,563$228,400

History based on county public records data.

Payment Calculator

$2,708

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,652

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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-3769670
3
/10

  • Hood

  • 24 Oakwood Ave

  • 0.17 miles

  • Public District Grades KG-5

Middle School

school-card-donut-3769671
3
/10

  • Thurgood Marshall Middle School

  • 19 Porter St

  • 0.43 miles

  • Public District Grades 6-8

High School

school-card-donut-3769672
2
/10

  • Lynn English High School

  • 50 Goodridge St

  • 0.45 miles

  • Public District Grades 9-12

school-card-donut-3769673
1
/10

  • Fecteau-Leary Junior/Senior High School

  • 33 N Common St

  • 1.41 miles

  • Public District Grades 7-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $48,176. Typical income of Lynn, MA residents is between $35k-100k annually. 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

Frequently Asked Questions About 27 Madison St

What is the listing price of this property?

The listing price of 27 Madison St property is $529,000.

What type of property is this?

The property 27 Madison St is a house located in Lynn, Massachusetts, 01902.

Is this property for sale now?

Active Listing: 27 Madison St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 27 Madison St are:
Hood: GreatSchools Rating 3/10
Thurgood Marshall Middle School: GreatSchools Rating 3/10
Lynn English High School: GreatSchools Rating 2/10
Fecteau-Leary Junior/Senior High School: GreatSchools Rating 1/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,960 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 27 Madison St has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 27 Madison St is 1,320 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 27 Madison St is 1958.

Rocket Homes›Massachusetts›Essex County›Lynn›01902›27 Madison St

This home is located at 27 Madison St in Lynn, MA and zip code 01902. This 1,320 square foot home, which was built in 1958, sits on a 0.62 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since May 07, 2024 and is currently priced at $529,000.

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 inventory of homes for sale in Lynn, MA between March 2024 and April 2024 increased by 16.7%. In April 2024 median list price was $555,000 and the average listing age was 23 days.

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

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