16 Mount Hood Ter #7, Lynn, MA, 01901
About This Home
Welcome to Lynn! Spacious top-floor condominium offering 3 generously sized bedrooms, 1 full bath, and approximately 1,277 sq ft of living space in the desirable Mount Hood Terrace Condominium complex. This bright and inviting unit features beautiful city and ocean views, abundant natural light, updated water heater, and a functional layout ideal for both owner-occupants and investors. Enjoy the potential opportunity for a future private roof deck, assigned parking, and convenient access to parks, shopping, restaurants, beaches, public transportation, and commuter routes. Small professionally managed association in a well-located building near High Rock Tower and downtown Lynn amenities. A rare opportunity to own a spacious 3-bedroom condo at an exceptional value.
Getting Around
Walker's Paradise
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1900
Type & Style
- Home type: Condo
- Property subType: Condominium
Interior
Appliances
- Appliances included: ENERGY STAR Qualified Refrigerator,ENERGY STAR Qualified Dryer,ENERGY STAR Qualified Dishwasher,ENERGY STAR Qualified Washer,Range
Basement
- Has basement: Yes
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Features
- Flooring: Hardwood
- Finished area above ground: 1,277
Heating & Cooling
- Heating features: Baseboard,Natural Gas
- Cooling features: Window Unit(s)
Interior Area
- Total structure area: 1,277
- Total interior livable area: 1,277 sqft
Property
Details
- Parcel number: M:069 B:659 L:022 S:007,4396995
- Attached to another structure: Yes
- Zoning: R2
Features
- Has view: Yes
- View description: Water,Ocean
- Has water view: Yes
- Water view: Ocean,Water
Lot
- Lot size: 7,545 sqft
Parking
- Total spaces: 2
- Parking features: Assigned
- Uncovered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Massachusetts Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,688 | $20,256 |
| Home Insurance * | $144 | $1,728 |
| Property Taxes | $278 | $3,336 |
| Electricity | $354 | $4,259 |
| Total | $2,464 | $29,568 |
Income You'd Need if You Spent...
Massachusetts FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-16 | Price change | $334,000 |
| 2026-05-31 | Listed for sale | $339,000 |
| 2024-08-26 | Sold | $275,000 |
| 2009-06-03 | Sold | $47,000 |
| 2008-02-12 | Sold | $193,151 |
| 2003-11-21 | Sold | $184,500 |
View on Zillow