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196 Locust St

Lynn, MA 01904

2 bd 2 ba 1,031 sqft Built 1988 Lot 207,781 sqft condo
Most recent sale
$335,000
Feb 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 8, 2025 Sold $415,000 Public Record
Feb 18, 2022 Sold $335,000 MLS #72930264
Dec 31, 2021 Listed $334,900 MLS #72930264
Aug 4, 1997 Sold $87,500 Public Record
Aug 7, 1989 Sold $94,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $361,100 $361,100 $3,741
2024 $315,000 $315,000 $3,317
2023 $291,300 $291,300 $3,248
2022 $275,700 $275,700 $3,427
2021 $254,200 $254,200 $3,312
2020 $242,200 $242,200 $3,245
2019 $227,900 $227,900 $3,259
2018 $209,800 $209,800 $3,178
2017 $186,700 $186,700 $2,913
2016 $174,500 $174,500 $2,823
2015 $163,400 $163,400 $2,737
2014 $163,200 $163,200 $2,796
2006 $203,700 $203,700 $2,025
2005 $187,100 $187,100 $1,905
2004 $175,100 $175,100 $2,001
2003 $152,800 $152,800 $2,018

Property facts

Year built
1988
Property type
condo
Stories
1
Beds
2
Baths
2
Living area
1,031 sqft
Lot size
207,781 sqft
ZIP code
01904
City
Lynn
Street
Locust St
Coordinates
42.47283, -70.95549

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,990
Gross rental yield
10.71%
Implied cap rate
6.96%
Trend-extrapolated value

Frequently asked questions

When did 196 Locust St last sell?
196 Locust St most recently sold on Feb 18, 2022 for $335,000.
What is the current tax assessment for 196 Locust St?
The most recent total assessment for 196 Locust St (year 2025) is $361,100 with $3,741 in property tax.
How does 196 Locust St's assessment compare to its last sale price?
The current assessment is 7.8% above the last sale price of $335,000.
When was 196 Locust St built?
196 Locust St was built in 1988.
How does 196 Locust St compare to others on Locust St?
We track 8 other properties on Locust St. Browse the list under "Other properties on Locust St" to compare beds, baths, and sale history.
What are the property facts for 196 Locust St?
196 Locust St is a 2 bed, 2 bath, 1,031 sqft, 207,781 sqft lot condo.
Is 196 Locust St a flip candidate?
No — 196 Locust St does not appear in our flips dataset.
Is 196 Locust St a tax-appeal candidate?
No — 196 Locust St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.4%
Implied 1-yr
+9.7%
2026 Q2
$583.9K
2026 Q3
$596.1K
ZIP 01904 — Median Price History + Forecast

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