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221 Ocean St # 2, Lynn MA 01902

Lynn, MA 01902 • Diamond District
$600,000
Est. $4,009/month
3
Beds
2
Baths
1,760
Sq Ft
$341
Price/Sq Ft
0.15
Acres
1950
Year Built
11
Days on Market
Closed Listed Jun 27, 2024 • MLS# 73258043 Copied!

About this home

Welcome to 221 Ocean St, Unit 2—your dream coastal retreat! This beautiful 3-bedroom, 2-bathroom condo offers a spacious 1,760 sq ft of living space, combining modern comfort with seaside charm. Located in the heart of Lynn's sought-after Diamond District, you're just moments away from the ocean and the picturesque Nahant Beach. Step inside and feel instantly at home. The open floor plan is perfect for both relaxed living and entertaining guests. Natural light floods the space, and your private deck is the ideal spot to unwind, enjoy the sea breezes, and savor your morning coffee or evening beverage. With central air conditioning, you'll stay comfortable year-round, and the convenience of garage parking adds an extra layer of ease to your daily routine. Situated in a vibrant and diverse community, this condo perfectly blends modern amenities and coastal elegance. Don’t miss out on this opportunity to own a stunning home in one of Lynn's most desirable neighborhoods.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1950
Bedrooms
3
Full Bathrooms
2
Living Area
1,760 sq ft
Total Rooms
6
Stories
2
Entry Level
2
Main Level Bedrooms
1

Sale Statistics

Sale Overview
Original List Price: $599,000
Final Sale Price: $600,000
Difference: +$1,000 (+0.2%)
Performance Metrics
100.2%
List to Sale Ratio
Sold above asking price
11
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $340
Sale $/sq ft: $341
This property sold for $341 per square foot
Sale Summary

This property sold for 0.2% above the original asking price, indicating strong buyer demand.

With only 11 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 13 similar properties sold within 0.5 miles in the last 90 days

This Property
$341/sq ft
Area Average
$249/sq ft
Difference
+37.2%

This property sold for significantly more per square foot than similar nearby properties, suggesting premium features or condition.

Facts & Features

1 Car Garage
Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1950
Living Area 1,760 sq ft
Lot Size 0.15 acres
Bedrooms 3
Full Baths 2
Total Rooms 6

Interior

Heating Baseboard, Natural Gas
Cooling Central Air
Flooring Carpet, Hardwood, Flooring - Hardwood
Appliances Range, Dishwasher, Disposal, Washer, Dryer, Wine Refrigerator
Fireplace Living Room
Fireplaces 1
Basement Y
Laundry In Unit
Features Lighting - Overhead, Entrance Foyer

Exterior

Construction None
Architecture None
Roof Shingle
Features Deck - Roof
Pool None
Spa None
Fencing None
Patio/Porch Deck - Roof

Parking

Garage Spaces 1
Has Garage Yes
Features Attached, Off Street, Driveway, Exclusive Parking
Total Spaces 2

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range

Financial

Annual Tax $6,093
Assessed Value $578,600

Interior Features

Flooring: Carpet, Hardwood, Flooring - Hardwood
Appliances: Range, Dishwasher, Disposal, Washer, Dryer, Wine Refrigerator
Interior Features: Lighting - Overhead, Entrance Foyer
Windows: Insulated Windows
Basement: Y
Laundry: In Unit
Security:

Construction & Materials

Year Built: 1950
Effective Year (Renovated): 2011
Structure Type: 2/3 Family
Exterior Materials:
Roof: Shingle
Foundation:
Stories: 2

Heating, Cooling & Utilities

Heating: Baseboard, Natural Gas
Heating Zones: 1
Cooling: Central Air
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Deck - Roof
Patio & Porch: Deck - Roof
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Garage Spaces: 1
Garage Type: Attached
Total Parking Spaces: 2
Parking Features: Attached, Off Street, Driveway, Exclusive Parking

Special Features

Fireplaces: 1
Fireplace Type: Living Room
Community Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path

Location

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Neighborhood

Diamond District

221 Ocean St # 2, Lynn MA 01902

Lynn, MA 01902

Walkability

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Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $508
Homeowners Insurance $200
HOA Fee $267/mo
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

0.2%
Price Range
12
Total Days on Market

Property Timeline

Sold
Aug 16, 2024
$600,000
Property sold
Days on Market: 12
🏠
Listed for Sale
Jun 27, 2024
$599,000
Original listing
Agent: Tyson Lynch Office: The Proper Nest Real Estate

Price & Status History

Date Event Price Change
Jun 27, 2024 New Listing Added $599,000

Market Statistics

Days on Market
11 days
Price per Sq Ft
$341

Tax History

Year Taxes Assessment
2024 $6,093 $578,600

Financial Details

Annual Property Tax
$6,093
Tax Year 2024
HOA Fee
$267
Monthly
Assessed Value
$578,600

Listing Information

Listing Office The Proper Nest Real Estate
Agent MLS ID CT005972
Office MLS ID AN7859
Listing Data Updated Aug 16, 2024 2:28 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Comparable Properties

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Market Analytics for Lynn, MA

Real-time market trends and pricing data for this area

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