285 Lynn Shore Drive # 305, Lynn MA 01902
Lynn, MA 01902
$95,000
Est. $506/month
About this home
Attention INVESTORS; CONTRACTORS. Unit is a BLANK SLATE. come and modernize this 1 bedroom efficiency unit. Transport back in time at the Breakers of Lynn Shore Drive with the grand entrance; wide stairs, marble floor, and large overhead chandelier. Building is across the street from the Ocean. Bus Lines close by along with the Commuter rail in downtown Lynn. Buyer and buyer agents to perform own due diligence. Seller has never lived in unit.
Sale Statistics
Sale Overview
Original List Price:
$135,000
Final Sale Price:
$95,000
Difference:
$40,000 (-29.6%)
Performance Metrics
70.4%
List to Sale Ratio
Sold below asking price
14
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft:
$321
Sale $/sq ft:
$226
This property sold for $226 per square foot
Sale Summary
This property sold for 29.6% below the original asking price.
With only 14 days on market, this was a quick sale compared to typical market conditions.
Facts & Features
Property Overview
Property Type
Condominium
Property Category
Residential
Year Built
1893
Bedrooms
1
Full Bathrooms
1
Living Area
421 sq ft
Total Rooms
3
Stories
1
Entry Level
3
Interior Features
Heating
Hot Water
Has Heating
Yes
Cooling
None
Has Cooling
No
Has Fireplace
No
Basement Details
N
Exterior & Structure
Has Spa
No
Waterfront Features
Waterfront, Ocean, Ocean, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)
Waterfront Property
Yes
Lot & Land
Lot Size
0.27 acres
Lot Size
11,641 sq ft
Lot Size Area
0.2700
Parking & Garage
Has Garage
No
Utilities & Systems
Water Source
Public
Sewer
Public Sewer
Security Features
Intercom, TV Monitor
Community & HOA
HOA Fee
$375
HOA Fee Frequency
Monthly
Association Amenities
Hot Water, Elevator(s)
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$1,627
Tax Year
2024
Tax Assessed Value
$154,500
Tax Lot
014
Tax Block
574
Tax Map Number
081
Parcel Number
2001763
Zoning
R2
Additional Details
Year Built Source
Public Records
Year Built Details
Approximate
Attached Property
Yes
Disclosures
Unit is gutted to studs. SOLD AS IS Will need full rehab, CASH only NOT FHA APPROVED association or won't qualify for any bank loan, no master insurance. Seller has never lived in Unit and makes no warranties or representations.
Location
Loading map...
Neighborhood
285 Lynn Shore Drive # 305, Lynn MA 01902
Lynn, MA 01902
Walkability
Loading Walk Score...
Schools
School information not available
Monthly Payment Calculator
%
%
Estimated Monthly Payment
$0
Payment Breakdown
Principal & Interest
$0
Property Tax
$136
Homeowners Insurance
$200
HOA Fee
$375
PMI
$0
Property History
Market Insights
29.6%
Price Range
16
Total Days on Market
Property Timeline
Sold
Apr 22, 2024
$95,000
Property sold
Days on Market: 16
Listed for Sale
Mar 12, 2024
$135,000
Original listing
Agent: Danielle Lozzi-Ortiz
Office: M. Celata Real Estate
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 04/22/2024 | ✓ Sold | $95,000 | - | - | Property sold |
| 03/12/2024 | 🏠 Listed for Sale | $135,000 | - | - | Original listing |