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285 Lynn Shore Dr. # 507, Lynn MA 01902

Lynn, MA 01902 • Diamond District
$170,000
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! • Updated Oct 24, 2023

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 6 similar properties sold within 0.5 miles in the last 90 days

This Property
$418/sq ft
Area Average
$226/sq ft
Difference
+84.7%

This property sold for significantly more per square foot than similar nearby properties, suggesting premium features or condition.

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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Recently Sold Nearby

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

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

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
Features None
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range
Annual Tax $2,017
Assessed Value $180,900

HOA & Community

HOA Fee $333 Monthly
Fee Includes Heat, Water, Sewer, Insurance, Maintenance Structure, Snow Removal, Reserve Funds
Amenities Hot Water, Elevator(s)
Optional Fee Includes None
Seller Disclosures Not In Flood Zone. Ongoing Repairs To Facade, And Future Plumbing, And Elevator. Hot Water Heaters And Heating System Replaced In Last Few Years. Not Fha Approved
Possession None
Accepted Financing None
Structure Type ["Garden"]
Unit/Building 507
Sq Ft Source Public Record
Documents Master Deed, Unit Deed (2)
County Essex
Total market time (incl. prior listings) 15 days

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

Room Details

First Floor

Bathroom1
Kitchen
Master Bedroom

Other Floor

Bedroom5
Bedroom4
Bedroom3
Dining Room
Bathroom2
Bedroom2
Living Room
Bathroom3
Office
Family Room
Master Bathroom
No

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
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

3 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
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

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

Location

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Neighborhood

Diamond District

285 Lynn Shore Dr. # 507, Lynn MA 01902

Lynn, MA 01902

Listing Information

Listing Agent Vincent Forzese
Listing Office Realty One Group Nest
Office Phone 978-255-4394
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.

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