198 Locust St U701, Lynn — property record card
Residential Condominium built in 1988 on 4.77 acres in Lynn, assessed at $55,298,300 for fiscal year 2026; last sold for $385,000 on June 30, 2025.
Rebuilt from the Lynn assessor file as published by MassGIS — not the official card. For the official card, with owner, photo and sketch, ask the Lynn assessor’s office.
Parcel
| Location | 198 Locust St U701, Lynn MA 01904 |
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| Map and parcel ID | 071-256-088 071-256-088-047 |
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| Use | Residential Condominium (use code 102) |
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| Zoning | R3 |
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| County | Essex |
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Valuation — fiscal year 2026
| Building | $55,298,300 |
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| Land | $0 |
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| Total assessed | $55,298,300 |
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Land
| Lot size | 4.77 acres (207,781 ft²) |
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Building
| Year built | 1988 |
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| Style | H RISE NEW |
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| Living area | 1,071 ft² |
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| Rooms | 4 |
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| Stories | 1 |
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Last recorded sale
| Price | $385,000 |
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| Date | June 30, 2025 |
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| Deed | Registry of Deeds book 42870, page 157 |
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162 assessor accounts on this parcel
Condominium units or several buildings share one parcel; each has its own assessment (first 60 shown).
| Address | Account | Use | Assessed | Last sale |
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| 196 Locust St U2101 | 071-256-088-055 | Residential Condominium | $344,500 | nominal ($99) April 4, 2024 |
| 196 Locust St U2102 | 071-256-088-056 | Residential Condominium | $344,500 | $295,000 December 15, 2021 |
| 196 Locust St U2103 | 071-256-088-057 | Residential Condominium | $284,700 | $225,000 December 20, 2019 |
| 196 Locust St U2104 | 071-256-088-058 | Residential Condominium | $325,400 | $245,000 September 17, 2018 |
| 196 Locust St U2105 | 071-256-088-059 | Residential Condominium | $344,500 | nominal ($1) April 10, 2023 |
| 196 Locust St U2106 | 071-256-088-060 | Residential Condominium | $378,500 | $412,000 November 21, 2023 |
| 196 Locust St U2201 | 071-256-088-061 | Residential Condominium | $344,500 | nominal ($1) July 15, 2020 |
| 196 Locust St U2202 | 071-256-088-062 | Residential Condominium | $344,500 | nominal ($10) January 18, 2022 |
| 196 Locust St U2203 | 071-256-088-063 | Residential Condominium | $355,800 | $335,000 March 3, 2023 |
| 196 Locust St U2204 | 071-256-088-064 | Residential Condominium | $347,100 | nominal ($99) May 8, 2025 |
| 196 Locust St U2205 | 071-256-088-065 | Residential Condominium | $357,700 | nominal ($10) November 22, 2022 |
| 196 Locust St U2206 | 071-256-088-066 | Residential Condominium | $213,200 | $225,000 August 17, 2023 |
| 196 Locust St U2207 | 071-256-088-067 | Residential Condominium | $345,800 | nominal ($99) September 23, 2024 |
| 196 Locust St U2208 | 071-256-088-068 | Residential Condominium | $344,900 | $350,100 January 17, 2024 |
| 196 Locust St U2301 | 071-256-088-069 | Residential Condominium | $348,600 | $180,000 March 5, 2015 |
| 196 Locust St U2302 | 071-256-088-070 | Residential Condominium | $359,000 | $239,000 July 29, 2016 |
| 196 Locust St U2303 | 071-256-088-071 | Residential Condominium | $343,000 | $310,000 December 28, 2021 |
| 196 Locust St U2304 | 071-256-088-072 | Residential Condominium | $342,000 | $260,000 December 18, 2019 |
| 196 Locust St U2305 | 071-256-088-073 | Residential Condominium | $342,000 | $64,000 November 12, 1991 |
| 196 Locust St U2306 | 071-256-088-074 | Residential Condominium | $308,900 | nominal ($0) May 3, 2013 |
| 196 Locust St U2307 | 071-256-088-075 | Residential Condominium | $348,600 | $267,000 April 26, 2019 |
| 196 Locust St U2308 | 071-256-088-076 | Residential Condominium | $348,600 | $305,000 May 26, 2020 |
| 196 Locust St U2401 | 071-256-088-077 | Residential Condominium | $348,600 | nominal ($1) September 18, 2019 |
| 196 Locust St U2402 | 071-256-088-078 | Residential Condominium | $348,600 | $345,500 May 19, 2022 |
| 196 Locust St U2403 | 071-256-088-079 | Residential Condominium | $354,900 | $269,000 April 26, 2019 |
| 196 Locust St U2404 | 071-256-088-080 | Residential Condominium | $342,000 | $165,000 September 12, 2011 |
| 196 Locust St U2405 | 071-256-088-081 | Residential Condominium | $342,000 | nominal ($0) September 15, 2004 |
| 196 Locust St U2406 | 071-256-088-082 | Residential Condominium | $310,300 | $268,500 June 1, 2021 |
| 196 Locust St U2407 | 071-256-088-083 | Residential Condominium | $362,000 | $430,000 May 28, 2025 |
| 196 Locust St U2408 | 071-256-088-084 | Residential Condominium | $348,600 | nominal ($0) August 21, 2008 |
| 196 Locust St U2501 | 071-256-088-085 | Residential Condominium | $348,600 | nominal ($0) July 8, 2015 |
| 196 Locust St U2502 | 071-256-088-086 | Residential Condominium | $348,600 | $252,500 May 31, 2018 |
| 196 Locust St U2503 | 071-256-088-087 | Residential Condominium | $348,200 | $67,000 August 9, 1991 |
| 196 Locust St U2504 | 071-256-088-088 | Residential Condominium | $358,300 | $415,000 May 8, 2025 |
| 196 Locust St U2505 | 071-256-088-089 | Residential Condominium | $345,200 | $165,000 July 12, 2013 |
| 196 Locust St U2506 | 071-256-088-090 | Residential Condominium | $309,600 | $326,000 April 28, 2023 |
| 196 Locust St U2507 | 071-256-088-091 | Residential Condominium | $379,300 | $315,000 September 4, 2020 |
| 196 Locust St U2508 | 071-256-088-092 | Residential Condominium | $348,600 | nominal ($0) November 23, 2005 |
| 196 Locust St U2601 | 071-256-088-093 | Residential Condominium | $348,600 | $69,500 June 3, 1991 |
| 196 Locust St U2602 | 071-256-088-094 | Residential Condominium | $349,000 | $355,000 January 31, 2024 |
| 196 Locust St U2603 | 071-256-088-095 | Residential Condominium | $342,000 | nominal ($1) June 6, 2025 |
| 196 Locust St U2604 | 071-256-088-096 | Residential Condominium | $341,800 | $224,000 September 16, 2016 |
| 196 Locust St U2605 | 071-256-088-097 | Residential Condominium | $371,900 | $415,000 July 11, 2024 |
| 196 Locust St U2606 | 071-256-088-098 | Residential Condominium | $306,500 | $259,900 February 15, 2019 |
| 196 Locust St U2607 | 071-256-088-099 | Residential Condominium | $348,600 | $150,855 May 24, 2013 |
| 196 Locust St U2608 | 071-256-088-100 | Residential Condominium | $348,600 | nominal ($0) October 25, 2017 |
| 196 Locust St U2701 | 071-256-088-101 | Residential Condominium | $346,000 | $156,000 July 25, 2014 |
| 196 Locust St U2702 | 071-256-088-102 | Residential Condominium | $356,300 | nominal ($1) September 30, 2024 |
| 196 Locust St U2703 | 071-256-088-103 | Residential Condominium | $342,000 | nominal ($0) June 10, 2019 |
| 196 Locust St U2704 | 071-256-088-104 | Residential Condominium | $342,000 | $70,000 December 22, 1992 |
| 196 Locust St U2705 | 071-256-088-105 | Residential Condominium | $356,900 | $319,000 September 10, 2021 |
| 196 Locust St U2706 | 071-256-088-106 | Residential Condominium | $310,100 | nominal ($10) November 16, 2022 |
| 196 Locust St U2707 | 071-256-088-107 | Residential Condominium | $346,000 | $74,000 April 29, 1994 |
| 196 Locust St U2708 | 071-256-088-108 | Residential Condominium | $346,000 | $382,000 August 18, 2023 |
| 198 Locust St U101 | 071-256-088-001 | Residential Condominium | $344,500 | $355,000 April 19, 2023 |
| 198 Locust St U102 | 071-256-088-002 | Residential Condominium | $344,200 | $205,000 August 22, 2003 |
| 198 Locust St U103 | 071-256-088-003 | Residential Condominium | $286,300 | $291,000 February 21, 2023 |
| 198 Locust St U104 | 071-256-088-004 | Residential Condominium | $325,600 | $245,000 June 16, 2017 |
| 198 Locust St U105 | 071-256-088-005 | Residential Condominium | $344,500 | $385,000 January 22, 2025 |
| 198 Locust St U106 | 071-256-088-006 | Residential Condominium | $344,500 | nominal ($99) March 20, 2025 |
What MassDEP has recorded
No tier-classified 21E site and no Activity and Use Limitation is mapped on this parcel.
Within about 500 m (a third of a mile): 4 active tier-classified 21E sites and 8 sites with an Activity and Use Limitation. All MassDEP sites in Lynn.
What this means
- Assessed 4381% above the median residential condominium in Lynn ($1,234,100, 329 parcels).
- The last sale price is 99% below the current assessment. Massachusetts assessments aim at full market value as of January 1 of the year before the fiscal year.
Point at the centre of the assessor parcel — not a survey.
Data: Lynn assessor file for fiscal year 2026, via MassGIS, retrieved October 30, 2026; MassDEP sites retrieved the same day. Sources and freshness. No owner names are published.

The report for 198 Locust St U701
This page shows the assessor record and the MassDEP sites on the parcel. The report adds what lies around it: FEMA flood zone, wetlands, Zone II and other water supply protection areas, priority habitat, sewer or septic service, protected open space, and every 21E site within half a mile.
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