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285 Lynn Shore Drive # 108, Lynn MA 01902

Lynn, MA 01902
$94,000
Est. $1,168/month
1
Beds
1
Baths
381
Sq Ft
$247
Price/Sq Ft
1893
Year Built
70
Days on Market
Closed Listed Mar 25, 2024 • MLS# 73211067 Copied!

About this home

Transport back in time at the Breakers of Lynn Shore Drive with the grand entrance; wide stairs, marble floor, and large overhead chandelier. This condo has 2 large rooms that includes an eat in kitchen, 2 large closets and the living/bedroom combo. Some TLC is needed for this to shine again. VACANT, CASH ONLY. NOT FHA APPROVED. Buyer and Buyer agents to perform own due diligence.

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Property Overview

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

Sale Statistics

Sale Overview
Original List Price: $165,000
Final Sale Price: $94,000
Difference: $71,000 (-43.0%)
Performance Metrics
57.0%
List to Sale Ratio
Sold below asking price
70
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $433
Sale $/sq ft: $247
This property sold for $247 per square foot
Sale Summary

This property sold for 43.0% below the original asking price.

The property spent 70 days on market before selling.

Nearby Sales Comparison

Based on 13 similar properties sold within 0.5 miles in the last 90 days

This Property
$247/sq ft
Area Average
$249/sq ft
Difference
0.6%

This property sold near the area average for similar homes.

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1893
Living Area 381 sq ft
Bedrooms 1
Full Baths 1
Total Rooms 3

Interior

Heating Baseboard
Cooling Window Unit(s)
Flooring None
Appliances None
Fireplace None
Basement N
Laundry None
Features None

Exterior

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

Parking

Features None

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $1,661
Assessed Value $157,700

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement: N
Laundry:
Security:

Construction & Materials

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

Heating, Cooling & Utilities

Heating: Baseboard
Cooling: Window Unit(s)
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, Beach Ownership(Public)
Community Amenities: Public Transportation, Bike Path, Highway Access, House of Worship, Marina

Location

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Neighborhood

285 Lynn Shore Drive # 108, 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 $138
Homeowners Insurance $200
HOA Fee $354/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

25.4%
Price Range
49
Total Days on Market

Property Timeline

Sold
Jun 24, 2024
$94,000
Property sold
Days on Market: 49
🏠
Listed for Sale
Mar 25, 2024
$126,000
Original listing
Agent: Danielle Lozzi-Ortiz Office: M. Celata Real Estate

Price & Status History

Date Event Price Change
Mar 25, 2024 New Listing Added $126,000

Market Statistics

Days on Market
70 days
Price per Sq Ft
$247

Tax History

Year Taxes Assessment
2024 $1,661 $157,700

Financial Details

Annual Property Tax
$1,661
Tax Year 2024
HOA Fee
$354
Monthly
Assessed Value
$157,700

Listing Information

Listing Agent Danielle Lozzi-Ortiz
Listing Office M. Celata Real Estate
Agent MLS ID CN212379
Office MLS ID BB7126
Listing Data Updated Jun 24, 2024 11:25 AM 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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Market Analytics for Lynn, MA

Real-time market trends and pricing data for this area

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