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281 Ocean Street # 4, Lynn MA 01902

Lynn, MA 01902 • Diamond District
$455,000
3
Beds
1
Baths
1,620
Sq Ft
$281
Price/Sq Ft
1865
Year Built
2
Parking
35
Days on Market
Closed Listed Aug 8, 2024 • MLS# 73275319 Copied! • Updated Oct 4, 2024

Sale Statistics

Sale Overview
Original List Price: $469,000
Final Sale Price: $455,000
Difference: $14,000 (-3.0%)
Performance Metrics
97.0%
List to Sale Ratio
Sold below asking price
35
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $290
Sale $/sq ft: $281
This property sold for $281 per square foot
Sale Summary

This property sold for 3.0% below the original asking price.

The property spent 35 days on market before selling.

Nearby Sales Comparison

Based on 7 similar properties sold within 0.5 miles in the last 90 days

This Property
$281/sq ft
Area Average
$239/sq ft
Difference
+17.4%

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

About this home

Welcome to the Lucian Newhall House, listed on the National Register of Historic Places and located in the heart of the Diamond District. The condo features an easy flow with an open-concept kitchen and dining area, a spacious living room, 3 generous-sized bedrooms, and stunning architectural details. You'll find beautifully arched windows, intricate moldings, and high ceilings that add to the historic charm and elegance of the space. Ocean views can be seen from 2 of the 3 bedrooms and spectacular views from the cupola, where you can enjoy amazing panoramic views and soak in the ocean breezes. The enclosed common patio area is ideal for summer nights by the fire pit. Additional amenities include an in-unit washer/dryer, allocated storage space in the basement, and 2 off-street deeded parking spaces. Nearby, you'll find Red Rock Park, the beach, shopping, restaurants, and public transportation, making this the perfect location to start and end your day!

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Recently Sold Nearby

Property History

Market Insights

22.2%
Price Range
36
Total Days on Market
1
Previous Sales

Property Timeline

Sold
Oct 3, 2024
$455,000
Property sold
Days on Market: 36
🏠
Listed for Sale
Aug 8, 2024
$469,000
Original listing
Agent: The Murray Brown Group Office: RE/MAX Beacon
Previous Transaction - MLS #72653187
Full transaction history available when tracking began
🏷️
Previously Sold
Jun 30, 2020
$365,000
MLS #72653187

Tax History

Year Taxes Assessment
2024 $5,319 $505,100

Financial Details

Annual Property Tax
$5,319
Tax Year 2024
HOA Fee
$642
Monthly
Assessed Value
$505,100

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1865
Living Area 1,620 sq ft
Bedrooms 3
Full Baths 1
Total Rooms 6

Interior

Heating Hot Water, Natural Gas
Cooling Window Unit(s)
Flooring Wood, Vinyl
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Basement Y
Laundry Third Floor, In Unit
Features None

Exterior

Construction Frame
Architecture None
Roof Shingle, Slate, Rubber
Features Porch, Patio - Enclosed
Pool None
Spa None
Fencing None
Patio/Porch Porch, Patio - Enclosed
Features Off Street, Deeded
Total Spaces 2
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range
Annual Tax $5,319
Assessed Value $505,100

HOA & Community

HOA Fee $642 Monthly
Fee Includes Heat, Gas, Water, Sewer, Insurance, Maintenance Grounds, Snow Removal, Reserve Funds
Amenities Garden Area
Optional Fee Includes None
Seller Disclosures Annual Trash Fee Of $90.00 Paid To The City By Unit Owner. Common Electric Is Included In The Condo Fee.
Possession None
Accepted Financing None
Structure Type ["Garden"]
Unit/Building 4
Sq Ft Source Unit Floor Plan
Documents Master Deed, Unit Deed, Floor Plans (3)
County Essex
Total market time (incl. prior listings) 36 days

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1865
Bedrooms
3
Full Bathrooms
1
Living Area
1,620 sq ft
Total Rooms
6
Stories
2
Entry Level
4

Room Details

Third Floor

Bathroom1
Bedroom3
Dining Room
Kitchen
Bedroom2
Living Room
Master Bedroom

Other Floor

Bedroom5
Bedroom4
Bathroom2
Bathroom3
Office
Family Room
Master Bathroom

Interior Features

Flooring: Wood, Vinyl
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features:
Windows: Insulated Windows
Basement: Y
Laundry: Third Floor, In Unit
Security:

Construction & Materials

Year Built: 1865
Effective Year (Renovated): 2018
Structure Type: Garden
Exterior Materials: Frame
Roof: Shingle, Slate, Rubber
Foundation:
Stories: 2

Heating, Cooling & Utilities

Heating: Hot Water, Natural Gas
Cooling: Window Unit(s)
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 2
Parking Features: Off Street, Deeded
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-
E. J. Harrington Elementary School
0.3 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-
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-
Ingalls School
0.7 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
1.9 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
2.1 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
0.4 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
0.8 mi
Grades 07-12
City Arts & Sciences Academy at Fecteau-Leary
1.0 mi
Grades 06-12
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Location

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Neighborhood

Diamond District

281 Ocean Street # 4, Lynn MA 01902

Lynn, MA 01902

Listing Information

Listing Agent The Murray Brown Group
Listing Office RE/MAX Beacon
Office Phone 978-219-0011
Agent MLS ID TM329476
Office MLS ID AN8171
Listing Data Updated Oct 4, 2024 10:50 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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