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285 Lynn Shore Drive # 607, Lynn MA 01902

Lynn, MA 01902 • Diamond District
$172,000
Est. $915/month
1
Beds
1
Baths
407
Sq Ft
$423
Price/Sq Ft
0.27
Acres
1893
Year Built
Condominium
Type
112
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73282451

About this home

Back on the market after previous buyer's financing fell through giving you another opportunity to make this oceanfront property yours! Come soak in breathtaking oceanfront views in this historic Diamond District condo! Truly an investor's coastal gem, this 6th floor, front facing unit offers stunning, unobstructed views of the Lynn Shore & Nahant Beach Reservation. This modern, open-concept studio condo features an updated eat-in kitchen with new cabinetry, updated light fixtures throughout, hardwood floors, and a spacious walk-in closet. Wake up each morning to beautiful ocean views outside your windows! On the basement level, you will find shared laundry and bike storage. This waterfront condo is under 1 mile to the commuter rail, within 10 miles to Logan Airport, and is in close proximity to Route 1, 1A, 129, and 95, making commuting a breeze. Don't miss your chance to invest in this beautifully updated coastal retreat! No master insurance, cash sales only.

Sale Statistics

Sale Overview
Original List Price: $150,000
Final Sale Price: $172,000
Difference: +$22,000 (+14.7%)
Performance Metrics
114.7%
List to Sale Ratio
Sold above asking price
112
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $369
Sale $/sq ft: $423
This property sold for $423 per square foot
Sale Summary

This property sold for 14.7% above the original asking price, indicating strong buyer demand.

At 112 days on market, this property took longer than average to sell.

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
1
Entry Level
6

Interior Features

Flooring
Hardwood
Heating
Hot Water, Natural Gas
Has Heating
Yes
Cooling
Window Unit(s)
Has Cooling
Yes
Has Fireplace
No
Appliances
Range, Disposal, Microwave, Refrigerator
Laundry Features
In Building
Basement Details
Y

Exterior & Structure

Has Spa
No
Waterfront Features
Waterfront, Ocean, Ocean, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
Waterfront Property
Yes

Lot & Land

Lot Size
0.27 acres
Lot Size
11,641 sq ft
Lot Size Area
0.2700

Parking & Garage

Has Garage
No
Parking Features
On Street

Utilities & Systems

Water Source
Public
Sewer
Public Sewer

Community & HOA

Community Features
Public Transportation, Shopping, Walk/Jog Trails, Golf, Laundromat, Highway Access, Marina, Public School
HOA Fee
$333
HOA Fee Frequency
Monthly
Association Amenities
Hot Water, Laundry, Elevator(s), Storage
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$2,639
Tax Year
2024
Tax Assessed Value
$250,600
Parcel Number
M:081 B:574 L:014 S:065,2001725
Zoning
R2

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Building Name
The Breakers
Attached Property
Yes
Disclosures
No master insurance; however, a new property management company for building started on a consulting basis in September 2024. Cash sale only. New gas line repairs done in October 2024 to make stove operational in unit. Buyer/Buyer's agent to do due diligence. Sold as is, where is.
Listing Terms
Lender Approval Required

Location

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Neighborhood

Diamond District

285 Lynn Shore Drive # 607, 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 $220
Homeowners Insurance $200
HOA Fee $333
PMI $0

Property History

Market Insights

1.2%
Price Range
66
Total Days on Market

Property Timeline

✓
Sold
Jan 2, 2025
$172,000
Property sold
Days on Market: 66
🏠
Listed for Sale
Aug 28, 2024
$170,000
Original listing
Office: Coldwell Banker Realty - Haverhill

Price & Status History

Date Event Price Change
Aug 28, 2024 New Listing Added $170,000 —

Market Statistics

Days on Market
112 days
Price per Sq Ft
$423

Tax History

Year Taxes Assessment
2024 $2,639 $250,600

Financial Details

Annual Property Tax
$2,639
Tax Year 2024
HOA Fee
$333
Monthly
Assessed Value
$250,600

Listing Information

Listing Agent Samantha Alexuk
Listing Office Coldwell Banker Realty - Haverhill
Agent MLS ID CN256904
Office MLS ID AN6212

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