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285 Lynn Shore Dr. # 507, Lynn MA 01902

Lynn, MA 01902 • Diamond District
$170,000
Est. $1,561/month
1
Beds
1
Baths
407
Sq Ft
$418
Price/Sq Ft
1893
Year Built
13
Days on Market
Closed Listed Sep 18, 2023 • MLS# 73160475 Copied!

About this home

Do not hesitate to see this oceanfront condo located in historic brick high rise condo complex. "The Breakers" is across the street from the Ocean on Lynn's beautiful shore drive with miles of public beach and walkway that spans from Swampscott, Lynn, & Nahant. This garden style condo is a perfect place to live and enjoy the amazing views of the water out of the front windows. Unit offers an open kitchen space along with a studio living space with an over sized storage closet as well as a full bathroom. Building is pet friendly and has a shared laundry and bike storage located in basement. Great location close to Lynn Commuter Rail and restaurants. Elevator building. Not FHA approved.

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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
7
Entry Level
5

Sale Statistics

Sale Overview
Original List Price: $169,900
Final Sale Price: $170,000
Difference: +$100 (+0.1%)
Performance Metrics
100.1%
List to Sale Ratio
Sold above asking price
13
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $417
Sale $/sq ft: $418
This property sold for $418 per square foot
Sale Summary

This property sold for 0.1% above the original asking price, indicating strong buyer demand.

With only 13 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
$418/sq ft
Area Average
$161/sq ft
Difference
+159.1%

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 Steam
Cooling None
Flooring Carpet, Laminate
Appliances Range, Refrigerator
Fireplace None
Basement Y
Laundry In Basement, In Building
Features Elevator

Exterior

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

Parking

Features None

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range

Financial

Annual Tax $2,017
Assessed Value $180,900

Interior Features

Flooring: Carpet, Laminate
Appliances: Range, Refrigerator
Interior Features: Elevator
Windows:
Basement: Y
Laundry: In Basement, In Building
Security:

Construction & Materials

Year Built: 1893
Structure Type: Garden
Exterior Materials: Frame
Roof: Rubber
Foundation:
Stories: 7

Heating, Cooling & Utilities

Heating: Steam
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:

Special Features

Waterfront: Yes
Waterfront Type: Waterfront, Ocean, Ocean, 1/10 to 3/10 To Beach, Beach Ownership(Public)
Community Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Highway Access, Public School

Location

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Neighborhood

Diamond District

285 Lynn Shore Dr. # 507, 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 $168
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

0.1%
Price Range
15
Total Days on Market
1
Previous Sales

Property Timeline

Previous Transaction - MLS #73383609
Full transaction history available when tracking began
🏷️
Previously Sold
Jul 15, 2025
$170,000
MLS #73383609
Sold
Oct 16, 2023
$170,000
Property sold
Days on Market: 15
🏠
Listed for Sale
Sep 18, 2023
$169,900
Original listing
Agent: Vincent Forzese Office: Realty One Group Nest

Price & Status History

Date Event Price Change
Jul 15, 2025 Sold $170,000
Sep 18, 2023 New Listing Added $169,900

Market Statistics

Days on Market
13 days
Price per Sq Ft
$418

Tax History

Year Taxes Assessment
2023 $2,017 $180,900

Financial Details

Annual Property Tax
$2,017
Tax Year 2023
HOA Fee
$333
Monthly
Assessed Value
$180,900

Listing Information

Listing Agent Vincent Forzese
Listing Office Realty One Group Nest
Agent MLS ID G8002213
Office MLS ID AN6420
Listing Data Updated Oct 24, 2023 12:47 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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