589 Essex St
Lynn, MA 01901
1 bd 1 ba 1,191 sqft Built 1823 Lot 25,265 sqft condos
Most recent sale
$440,000
May 26, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 26, 2022 | Sold | $440,000 | MLS #72959690 |
| Mar 30, 2022 | Listed | $399,900 | MLS #72959690 |
| Sep 30, 2020 | Sold | $360,000 | MLS #72707825 |
| Aug 11, 2020 | Listed | $345,000 | MLS #72707825 |
| Mar 29, 2006 | Sold | $330,000 | Public Record |
| Sep 19, 2005 | Sold | $302,700 | MLS #70137157 |
| Jan 20, 2005 | Listed | $295,000 | MLS #70137157 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $438,400 | — | $438,400 | $4,542 |
| 2024 | $413,100 | — | $413,100 | $4,350 |
| 2023 | $387,200 | — | $387,200 | $4,317 |
| 2022 | $359,800 | — | $359,800 | $4,472 |
| 2021 | $343,900 | — | $343,900 | $4,481 |
| 2020 | $348,500 | — | $348,500 | $4,670 |
| 2019 | $304,800 | — | $304,800 | $4,359 |
| 2018 | $282,900 | — | $282,900 | $4,286 |
| 2017 | $266,200 | — | $266,200 | $4,153 |
| 2016 | $223,600 | — | $223,600 | $3,618 |
| 2015 | $198,100 | — | $198,100 | $3,318 |
| 2014 | $189,300 | — | $189,300 | $3,243 |
Property facts
Year built
1823
Property type
condos
Stories
1
Beds
1
Baths
1
Living area
1,191 sqft
Lot size
25,265 sqft
ZIP code
01901
City
Lynn
Street
Essex St
Coordinates
42.46561, -70.95062
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,454
Gross rental yield
9.42%
Implied cap rate
6.12%
Trend-extrapolated value
—
Frequently asked questions
When did 589 Essex St last sell?
589 Essex St most recently sold on May 26, 2022 for $440,000.
What is the current tax assessment for 589 Essex St?
The most recent total assessment for 589 Essex St (year 2025) is $438,400 with $4,542 in property tax.
How does 589 Essex St's assessment compare to its last sale price?
The current assessment is 0.4% below the last sale price of $440,000.
When was 589 Essex St built?
589 Essex St was built in 1823.
How does 589 Essex St compare to others on Essex St?
We track 8 other properties on Essex St. Browse the list under "Other properties on Essex St" to compare beds, baths, and sale history.
What are the property facts for 589 Essex St?
589 Essex St is a 1 bed, 1 bath, 1,191 sqft, 25,265 sqft lot condos.
Is 589 Essex St a flip candidate?
Yes — 589 Essex St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 589 Essex St a tax-appeal candidate?
No — 589 Essex St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+3.9%
Implied 1-yr
+15.8%
2026 Q3
$388.3K
2026 Q4
$400.5K
ZIP 01901 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Essex St