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285 Lynn Shore Dr # 602, Lynn MA 01902

Lynn, MA 01902 • Diamond District
$280,000
Est. $2,446/month
1
Beds
1
Baths
764
Sq Ft
$366
Price/Sq Ft
0.27
Acres
1893
Year Built
17
Days on Market
Closed Listed Jul 9, 2020 • MLS# 72688293 Copied!

About this home

Compelling value! OCEANFRONT! Stately c. 1919 Classical Revival elevator building. Spectacular, unobstructed 210-degree OCEAN and Boston skyline views from every room. Three miles of beaches along Lynn/Nahant Beach Reservations. Front-facing corner placement, 6th floor - bright, airy, elegant! Presently configured as a large one-bedroom, but easily converted to a well-laid-out two-bedroom. Ten windows+open floor plan+hardwood floors+eat-in-kitchen+four closets+pet friendly+shared laundry+bike storage. Under one mile to Commuter Rail; two stops, 20 minute train ride to Boston! Enjoy Downtown Lynn's nearby vibrancy with walkability to popular restaurants, shops, pubs, cafes, brewery, farmer’s market, grocery stores, parks, library, museum, world-class public art, stunning architecture, and so much more! Hike nearby majestic Lynn Woods! 10 miles to Logan Airport. Easy access to Routes 1/1A/129/95. Solid HOA and neighborhood associations. Heat and hot water included in condo fee.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1893
Bedrooms
1
Full Bathrooms
1
Living Area
764 sq ft
Total Rooms
3
Stories
1
Entry Level
6

Sale Statistics

Sale Overview
Original List Price: $249,900
Final Sale Price: $280,000
Difference: +$30,100 (+12.0%)
Performance Metrics
112.0%
List to Sale Ratio
Sold above asking price
17
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $327
Sale $/sq ft: $366
This property sold for $366 per square foot
Sale Summary

This property sold for 12.0% above the original asking price, indicating strong buyer demand.

With only 17 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 7 similar properties sold within 0.5 miles in the last 90 days

This Property
$366/sq ft
Area Average
$161/sq ft
Difference
+126.8%

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 764 sq ft
Lot Size 0.27 acres
Bedrooms 1
Full Baths 1
Total Rooms 3

Interior

Heating Hot Water, Natural Gas
Cooling None
Flooring Tile, Hardwood
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer
Fireplace None
Basement Y
Laundry In Basement, In Building
Features Walk-in Closet(s), Center Hall, Foyer

Exterior

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

Parking

Features Rented, On Street

Utilities

Electric 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range

Financial

Annual Tax $3,122
Assessed Value $233,000

Interior Features

Flooring: Tile, Hardwood
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer
Interior Features: Walk-In Closet(s), Center Hall, Foyer
Windows:
Basement: Y
Laundry: In Basement, In Building
Security: Intercom

Construction & Materials

Year Built: 1893
Effective Year (Renovated): 1987
Structure Type: High-Rise
Exterior Materials: Brick
Roof: Rubber
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Hot Water, Natural Gas
Cooling: None
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: Rented, On Street

Special Features

Waterfront: Yes
Waterfront Type: Waterfront, Ocean, Frontage, Walk to, Public, Ocean, Frontage, Walk to, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
Community Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University, Other

Location

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Neighborhood

Diamond District

285 Lynn Shore Dr # 602, 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
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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 $260
Homeowners Insurance $200
HOA Fee $570/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

41.1%
Price Range
19
Total Days on Market
2
Previous Sales

Property Timeline

Previous Transaction - MLS #73302306
Full transaction history available when tracking began
🏷️
Previously Sold
Jan 30, 2025
$215,000
MLS #73302306
Sold
Aug 28, 2020
$280,000
Property sold
Days on Market: 19
🏠
Listed for Sale
Jul 9, 2020
$249,900
Original listing
Agent: Soraya Cacici Office: Nest Forward
Previous Transaction - MLS #72013493
Full transaction history available when tracking began
🏷️
Previously Sold
Jun 2, 2016
$165,000
MLS #72013493

Price & Status History

Date Event Price Change
Jan 30, 2025 Sold $215,000
Jul 9, 2020 New Listing Added $249,900
Jun 2, 2016 Sold $165,000

Market Statistics

Days on Market
17 days
Price per Sq Ft
$366

Tax History

Year Taxes Assessment
2020 $3,122 $233,000

Financial Details

Annual Property Tax
$3,122
Tax Year 2020
HOA Fee
$570
Monthly
Assessed Value
$233,000

Listing Information

Listing Agent Soraya Cacici
Listing Office Nest Forward
Agent MLS ID NB111450
Office MLS ID AC0684
Listing Data Updated Aug 29, 2020 12:44 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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