BMN Boston

Get our mobile app!

Download on the App Store

285 Lynn Shore Drive # 507, Lynn MA 01902

Lynn, MA 01902 • Diamond District
$170,000
Est. $1,534/month
1
Beds
1
Baths
407
Sq Ft
$418
Price/Sq Ft
1893
Year Built
13
Days on Market
Closed Listed Jun 2, 2025 • MLS# 73383609 Copied!

About this home

OPPORTUNITY! OCEAN FRONT - amazing views - great location across from the beach. GREAT Investment - Studio condo in the building this open, airy and bright, Studio condo, sited perfectly on the front of the fifth floor, takes full advantage of the unobstructed/expansive views of the ocean and the Boston skyline. The beach can be seen for miles, yet you are close to the train and ferry to Boston and the restaurants, pubs, shops, cafes, brewery, art and entertainment venues Lynn and Swampscott have to offer. The HOA fees include heat, hot water and water/sewer (and more). The building and HOA are in transition and will require CASH SALE Ask seller's agent for details. LAUNDRY in building.

View in the App

Save this property, schedule tours instantly, and get alerts when the price drops

Scan to download BMN Boston app Scan with phone
Get the full experience in the BMN Boston app

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1893
Bedrooms
1
Full Bathrooms
1
Living Area
407 sq ft
Total Rooms
3
Stories
7
Entry Level
5

Sale Statistics

Sale Overview
Original List Price: $180,000
Final Sale Price: $170,000
Difference: $10,000 (-5.6%)
Performance Metrics
94.4%
List to Sale Ratio
Sold below asking price
13
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $442
Sale $/sq ft: $418
This property sold for $418 per square foot
Sale Summary

This property sold for 5.6% below the original asking price.

With only 13 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
$418/sq ft
Area Average
$249/sq ft
Difference
+68.1%

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

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1893
Living Area 407 sq ft
Bedrooms 1
Full Baths 1
Total Rooms 3

Interior

Heating Hot Water
Cooling Window Unit(s)
Flooring Wood
Appliances Range, Disposal, Refrigerator, Freezer
Fireplace None
Basement N
Laundry In Building
Features Elevator

Exterior

Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features On Street

Utilities

Electric 110 Volts, Fuses
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range

Financial

Annual Tax $1,694
Assessed Value $163,500

Interior Features

Flooring: Wood
Appliances: Range, Disposal, Refrigerator, Freezer
Interior Features: Elevator
Windows: Insulated Windows
Basement: N
Laundry: In Building
Security: Intercom

Construction & Materials

Year Built: 1893
Structure Type: Mid-Rise
Exterior Materials:
Roof:
Foundation:
Stories: 7

Heating, Cooling & Utilities

Heating: Hot Water
Heating Zones: 1
Cooling: Window Unit(s)
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Parking Features: On Street

Special Features

Waterfront: Yes
Waterfront Type: Waterfront, Ocean, Ocean, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
Community Amenities: Public Transportation, Shopping, Walk/Jog Trails, House of Worship

Location

Loading map...

Neighborhood

Diamond District

285 Lynn Shore Drive # 507, Lynn MA 01902

Lynn, MA 01902

Walkability

Loading Walk Score...

Nearby Schools

School District
Lynn School District local
D
School Safety 2024-25
3.5% Above Average
3.0% Suspensions 0.3% In-School 0.1% Expulsions 0.4% Emergency
2.0% below state avg
E

Elementary Schools

3 schools
C-
Brickett Elementary School
0.4 mi | #688 of 824 | Score: 36.3
Improved 101 spots from last year
-21.9 below state avg
318 students Moderate
Rising School
Grades K-05
C-
E. J. Harrington Elementary School
0.4 mi | #717 of 824 | Score: 34.2
Improved 76 spots from last year
-24 below state avg
687 students Moderate
Rising School
Grades PK-05
C-
Ingalls School
0.8 mi | #673 of 824 | Score: 37.3
Improved 125 spots from last year
-20.9 below state avg
719 students Moderate
Rising School
Grades K-05
M

Middle Schools

2 schools
C-
Thurgood Marshall Middle School
0.7 mi | #311 of 352 | Score: 30.5
Improved 40 spots from last year
-27.7 below state avg
1,310 students Moderate
Rising School
Grades 06-08
B+
Swampscott Middle School
1.8 mi | #122 of 352 | Score: 47.2
Dropped 51 spots from last year
-11 below state avg
654 students Moderate
Grades PK-08
H

High Schools

3 schools
B
Fredrick Douglass Collegiate Academy
0.5 mi | #12 of 25 | Score: 33.4
Improved 330 spots from last year
-24.8 below state avg
235 students Moderate
Early College Program Rising School
Grades 06-12
St. Mary's High School
0.9 mi
Grades 07-12
City Arts & Sciences Academy at Fecteau-Leary
1.1 mi
Grades 06-12
Learn about these ratings

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 $141
Homeowners Insurance $200
HOA Fee $333/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

2.9%
Price Range
15
Total Days on Market

Property Timeline

Sold
Jul 15, 2025
$170,000
Property sold
Days on Market: 15
🏠
Listed for Sale
Jun 2, 2025
$175,000
Original listing
Agent: John Duffy Office: Senne

Price & Status History

Date Event Price Change
Jun 2, 2025 New Listing Added $175,000

Market Statistics

Days on Market
13 days
Price per Sq Ft
$418

Tax History

Year Taxes Assessment
2025 $1,694 $163,500

Financial Details

Annual Property Tax
$1,694
Tax Year 2025
HOA Fee
$333
Monthly
Assessed Value
$163,500

Listing Information

Listing Agent John Duffy
Listing Office Senne
Agent MLS ID CN210712
Office MLS ID AN6755
Listing Data Updated Jul 25, 2025 2:09 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

Customize Comparable Search

Finding comparable properties...

Market Analytics for Lynn, MA

Real-time market trends and pricing data for this area

285 Lynn Shore Drive # 507, Lynn MA 01902 - Photo 1 285 Lynn Shore Drive # 507, Lynn MA 01902 - Photo 2 285 Lynn Shore Drive # 507, Lynn MA 01902 - Photo 3 285 Lynn Shore Drive # 507, Lynn MA 01902 - Photo 4 285 Lynn Shore Drive # 507, Lynn MA 01902 - Photo 5 285 Lynn Shore Drive # 507, Lynn MA 01902 - Photo 6 285 Lynn Shore Drive # 507, Lynn MA 01902 - Photo 7 285 Lynn Shore Drive # 507, Lynn MA 01902 - Photo 8 285 Lynn Shore Drive # 507, Lynn MA 01902 - Photo 9 285 Lynn Shore Drive # 507, Lynn MA 01902 - Photo 10 285 Lynn Shore Drive # 507, Lynn MA 01902 - Photo 11 285 Lynn Shore Drive # 507, Lynn MA 01902 - Photo 12 285 Lynn Shore Drive # 507, Lynn MA 01902 - Photo 13 285 Lynn Shore Drive # 507, Lynn MA 01902 - Photo 14
BMN Boston Real Estate

BMN Boston Real Estate

Douglas Elliman

Your message will be sent to BMN Boston Real Estate.

Schedule a Tour