43 Ocean Ave # 43, Lynn MA 01902

Lynn, MA 01902 • Diamond District
$430,000
2
Beds
1.5
Baths
1,501
Sq Ft
$286
Price/Sq Ft
1.24
Acres
1988
Year Built
1
Garage Space
91
Days on Market
Closed Listed Sep 19, 2022 • MLS# 73038434 Copied! • Updated Feb 1, 2023

Sale Statistics

Sale Overview
Original List Price: $469,000
Final Sale Price: $430,000
Difference: $39,000 (-8.3%)
Performance Metrics
91.7%
List to Sale Ratio
Sold below asking price
91
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $312
Sale $/sq ft: $286
This property sold for $286 per square foot
Sale Summary

This property sold for 8.3% below the original asking price.

At 91 days on market, this property took longer than average to sell.

Nearby Sales Comparison

Based on 4 similar properties sold within 0.5 miles in the last 90 days

This Property
$286/sq ft
Area Average
$338/sq ft
Difference
15.4%

This property sold below the area average, potentially representing good value for the buyer.

About this home

Beautiful water front duplex condo, situated 15 miles to Boston, 9 miles to Logan international Airport. well managed Benz Estates (an association of 10 units), on a quiet street in the Diamond District, just one block from beach and miles of walking and biking path along Nahant Beach Reservation. The unit has ocean views from deck and the first and second level. Three levels of living space and lots of windows that provide plenty of natural light with 1.5 bath and 3 bedrooms (two in the second floor and one finished basement guest/work room). The living, dining kitchen open concept and high ceiling create a spacious yet welcoming gathering place. Gas heating, central AC. stainless steel appliances, Hardwood floors. One car garage plus 3 additional parking spaces. The monthly condo fee is $482 .Great investment opportunity at a price that way below any water front property in Boston……* Owner Financing and rent to purchase option is available *

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Recently Sold Nearby

Property History

Market Insights

39.4%
Price Range
94
Total Days on Market
1
Previous Sales

Property Timeline

Current Active Listing - MLS #73558704
Full transaction history available when tracking began
🏡
Currently Listed
Aug 4, 2026
$495,000
MLS #73558704 - Active
Sold
Feb 1, 2023
$430,000
Property sold
Days on Market: 94
🏠
Listed for Sale
Sep 20, 2022
$449,000
Original listing
Agent: Tikiribanda Dissanayake Office: Bean Group
Previous Transaction - MLS #72168280
Full transaction history available when tracking began
🏷️
Previously Sold
Aug 16, 2017
$300,000
MLS #72168280

Tax History

Year Taxes Assessment
2022 $4,080 $328,200

Financial Details

Annual Property Tax
$4,080
Tax Year 2022
HOA Fee
$482
Monthly
Assessed Value
$328,200

Facts & Features

1 Car Garage
Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1988
Living Area 1,501 sq ft
Lot Size 1.24 acres
Bedrooms 2
Full Baths 1
Half Baths 1
Total Rooms 6

Interior

Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Wood, Tile
Appliances Range, Dishwasher, Refrigerator, Washer, Dryer, Energy Star Qualified Refrigerator, Energy Star Qualified Dryer, Energy Star Qualified Dishwasher, Energy Star Qualified Washer
Fireplace None
Fireplaces 1
Basement Y
Laundry First Floor, In Unit, Gas Dryer Hookup, Washer Hookup
Features None

Exterior

Construction Stone
Architecture None
Roof Shingle
Features Porch, Deck, Deck - Wood
Pool None
Spa None
Fencing None
Patio/Porch Porch, Deck, Deck - Wood
Garage Spaces 1
Has Garage Yes
Features Attached, Off Street, Assigned
Total Spaces 4
Electric 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Gas Dryer, Washer Hookup
Annual Tax $4,080
Assessed Value $328,200

HOA & Community

HOA Fee $482 Monthly
Fee Includes Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal
Amenities Garden Area
Optional Fee Includes Reserve Funds
Owner-Occupied Units 8
Pets Yes
Seller Disclosures Water Heater 2 Years Old. Old Windows New. All Appliances Are In Working Good Order
Possession None
Accepted Financing Lender Approval Required
Structure Type ["Half-Duplex"]
Unit/Building 43
Sq Ft Source Unit Floor Plan
Documents Master Deed, Unit Deed, Rules & Regs, Management Association Bylaws, Floor Plans, Association Financial Statements, Certificate Of Insurance (7)
County Essex
Total market time (incl. prior listings) 94 days

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1988
Bedrooms
2
Full Bathrooms
1
Half Bathrooms
1
Living Area
1,501 sq ft
Total Rooms
6
Stories
2
Entry Level
1

Floor Layout

Interior Features

Flooring: Wood, Tile
Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Washer
Interior Features:
Windows: Insulated Windows
Basement: Y
Laundry: First Floor, In Unit, Gas Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Year Built: 1988
Structure Type: Half-Duplex
Exterior Materials: Stone
Roof: Shingle
Foundation:
Stories: 2

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas
Cooling: Central Air
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Porch, Deck, Deck - Wood
Patio & Porch: Porch, Deck, Deck - Wood
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Garage Spaces: 1
Garage Type: Attached
Total Parking Spaces: 4
Parking Features: Attached, Off Street, Assigned

Special Features

Fireplaces: 1
Fireplace Type:
Waterfront: Yes
Waterfront Type: Waterfront, Ocean, Ocean, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
Community Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Highway Access, Private School, Public School, T-Station, University
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

10 schools
B-
KIPP Academy Lynn Charter School
0.9 mi | #197 of 346 | Score: 51.6
Improved 64 spots from last year
-6.6 below state avg
1,637 students Moderate
High Graduation Rate Rising School College Ready Curriculum
Grades K-12
The Hathaway School
1.1 mi
Grades PK-08
C-
Lynn Vocational Technical Institute
1.1 mi | #284 of 346 | Score: 42.8
Improved 50 spots from last year
-15.5 below state avg
1,584 students Moderate
Early College Program Rising School Career Tech Programs
Grades PK-12
St. Pius V Elementary School
1.6 mi
Grades PK-08
Sacred Heart Elementary School
2.1 mi
Grades PK-08
North Shore Christian School
2.2 mi
Grades PK-08
TEAMS Academy at Virginia Barton Center
2.9 mi
Grades PK-12
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
C+
Pickering Middle School
2.2 mi | #226 of 352 | Score: 38.6
Improved 81 spots from last year
-19.6 below state avg
583 students Diverse
Rising School
Grades 06-08
H

High Schools

6 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
B-
Harold Durgin Success Academy
1.1 mi | #16 of 25 | Score: 30.4
Improved 329 spots from last year
-27.8 below state avg
94 students Diverse
Rising School Career Tech Programs
Grades 09-12
D
Lynn English High School
1.2 mi | #318 of 346 | Score: 33.5
Improved 37 spots from last year
-24.8 below state avg
2,062 students Moderate
18 sports • 1,425 athletes
Early College Program Rising School Career Tech Programs Strong Athletics
Grades 09-12
C-
Classical High School
2.7 mi | #302 of 346 | Score: 37.9
Improved 51 spots from last year
-20.3 below state avg
1,795 students Moderate
Early College Program Rising School Career Tech Programs
Grades 09-12
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Location

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Neighborhood

Diamond District

43 Ocean Ave # 43, Lynn MA 01902

Lynn, MA 01902

Listing Information

Agent MLS ID CN237766
Office MLS ID AC2051
Listing Data Updated Feb 1, 2023 6:09 PM EST
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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