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285 Lynn Shore Drive # 607, Lynn MA 01902

Lynn, MA 01902 • Diamond District
$172,000
Est. $1,623/month
1
Beds
1
Baths
407
Sq Ft
$423
Price/Sq Ft
0.27
Acres
1893
Year Built
112
Days on Market
Closed Listed Aug 28, 2024 • MLS# 73282451 Copied!

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.

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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
1
Entry Level
6

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.

Nearby Sales Comparison

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

This Property
$423/sq ft
Area Average
$249/sq ft
Difference
+70.1%

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
Lot Size 0.27 acres
Bedrooms 1
Full Baths 1
Total Rooms 3

Interior

Heating Hot Water, Natural Gas
Cooling Window Unit(s)
Flooring Hardwood
Appliances Range, Disposal, Microwave, Refrigerator
Fireplace None
Basement Y
Laundry In Building
Features None

Exterior

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

Parking

Features On Street

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $2,639
Assessed Value $250,600

Interior Features

Flooring: Hardwood
Appliances: Range, Disposal, Microwave, Refrigerator
Interior Features:
Windows:
Basement: Y
Laundry: In Building
Security:

Construction & Materials

Year Built: 1893
Structure Type: Garden, High-Rise
Exterior Materials:
Roof:
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Hot Water, Natural Gas
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, Golf, Laundromat, Highway Access, Marina, Public School

Location

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Neighborhood

Diamond District

285 Lynn Shore Drive # 607, Lynn MA 01902

Lynn, MA 01902

Walkability

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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 $220
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

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 O'Neil
Listing Office Coldwell Banker Realty - Haverhill
Agent MLS ID CN256904
Office MLS ID AN6212
Listing Data Updated Jan 8, 2025 2:53 PM EST
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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