Do not hesitate to see this oceanfront condo located in historic brick high rise condo complex. "The Breakers" is across the street from the Ocean on Lynn's beautiful shore drive with miles of public beach and walkway that spans from Swampscott, Lynn, & Nahant. This garden style condo is a perfect place to live and enjoy the amazing views of the water out of the front windows. Unit offers an open kitchen space along with a studio living space with an over sized storage closet as well as a full bathroom. Building is pet friendly and has a shared laundry and bike storage located in basement. Great location close to Lynn Commuter Rail and restaurants. Elevator building. Not FHA approved.
Sale Statistics
Sale Overview
Original List Price:$169,900
Final Sale Price:$170,000
Difference:
+$100 (+0.1%)
Performance Metrics
100.1%
List to Sale Ratio
Sold above asking price
13
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft:$417
Sale $/sq ft:$418
This property sold for $418 per square foot
Sale Summary
This property sold for 0.1% above the original asking price, indicating strong buyer demand.
With only 13 days on market, this was a quick sale compared to typical market conditions.
Facts & Features
Property Overview
Property Type
Condominium
Property Category
Residential
Year Built
1893
Bedrooms
1
Full Bathrooms
1
Living Area
407 sq ft
Total Rooms
3
Stories
7
Entry Level
5
Interior Features
Flooring
Carpet, Laminate
Heating
Steam
Has Heating
Yes
Cooling
None
Has Cooling
No
Has Fireplace
No
Appliances
Range, Refrigerator
Interior Features
Elevator
Laundry Features
In Basement, In Building
Basement Details
Y
Exterior & Structure
Construction Materials
Frame
Roof
Rubber
Has Spa
No
Waterfront Features
Waterfront, Ocean, Ocean, 1/10 to 3/10 To Beach, Beach Ownership(Public)
Waterfront Property
Yes
Lot & Land
Parking & Garage
Has Garage
No
Utilities & Systems
Utilities Available
for Gas Range
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers
Community & HOA
Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Highway Access, Public School
HOA Fee
$333
HOA Fee Frequency
Monthly
Association Amenities
Hot Water, Elevator(s)
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$2,017
Tax Year
2023
Tax Assessed Value
$180,900
Parcel Number
2001693
Zoning
R2
Additional Details
Year Built Source
Public Records
Year Built Details
Actual
Building Name
The Breakers
Disclosures
Not in flood zone. Ongoing repairs to facade, and future plumbing, and elevator. Hot water heaters and heating system replaced in last few years. Not FHA Approved
Location
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Neighborhood
Diamond District
285 Lynn Shore Dr. # 507, Lynn MA 01902
Lynn, MA 01902
Walkability
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Schools
School information not available
Monthly Payment Calculator
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Estimated Monthly Payment$0
Payment Breakdown
Principal & Interest$0
Property Tax$168
Homeowners Insurance$200
HOA Fee$333
PMI$0
Property History
Market Insights
0.1%
Price Range
15
Total Days on Market
Property Timeline
✓
Sold
Oct 16, 2023
$170,000
Property sold
Days on Market: 15
🏠
Listed for Sale
Sep 18, 2023
$169,900
Original listing
Agent: Vincent ForzeseOffice: Realty One Group Nest
