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295 Lynn Shore Dr # 507, Lynn MA 01902

Lynn, MA 01902
$435,000
Est. $3,212/month
2
Beds
2
Baths
1,269
Sq Ft
$343
Price/Sq Ft
1.37
Acres
1979
Year Built
32
Days on Market
Closed Listed Aug 27, 2024 • MLS# 73282272 Copied!

About this home

LIFE AT THE BEACH !! Sunsets, Sea Breezes and the 4th of July Fireworks are yours in this sun filled two bedroom, two bath condo with large deck facing the ocean and overlooking the pool. Eat-in-kitchen with ample cabinet space flows into a spacious combination living and dining room area. Enjoy your morning coffee or evening cocktail on the balcony.. Two large bedrooms with walk in closet in primary bedroom. Washer/dryer hook up in unit plus there is a laundry room and trash room on every floor. Extra storage room on the first floor, sauna, exercise equipment, ping pong table, pool and function room are yours to enjoy. Close to beaches, shopping, public transportation, Nahant, Swampscott, Logan Airport, Boston, restaurants and much more! Don't miss this opportunity to own at Lynn Shore Towers - make this your new home.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1979
Bedrooms
2
Full Bathrooms
2
Living Area
1,269 sq ft
Total Rooms
5
Stories
1
Entry Level
55

Sale Statistics

Sale Overview
Original List Price: $459,900
Final Sale Price: $435,000
Difference: $24,900 (-5.4%)
Performance Metrics
94.6%
List to Sale Ratio
Sold below asking price
32
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $362
Sale $/sq ft: $343
This property sold for $343 per square foot
Sale Summary

This property sold for 5.4% below the original asking price.

The property spent 32 days on market before selling.

Nearby Sales Comparison

Based on 16 similar properties sold within 0.5 miles in the last 90 days

This Property
$343/sq ft
Area Average
$235/sq ft
Difference
+46.0%

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

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1979
Living Area 1,269 sq ft
Lot Size 1.37 acres
Bedrooms 2
Full Baths 2
Total Rooms 5

Interior

Heating Central, Heat Pump, Electric, Individual, Unit Control
Cooling Central Air, Heat Pump, Individual, Unit Control
Flooring Carpet
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Range Hood
Fireplace None
Basement N
Laundry Common Area, In Building, In Unit, Electric Dryer Hookup, Washer Hookup
Features Elevator

Exterior

Construction Brick
Architecture None
Roof Rubber
Features Balcony
Pool Association, In Ground
Spa None
Fencing None
Patio/Porch None

Parking

Features Assigned, Guest, Paved
Total Spaces 1

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Electric Oven, For Electric Dryer, Washer Hookup

Financial

Annual Tax $3,845
Assessed Value $365,100

Interior Features

Flooring: Carpet
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Range Hood
Interior Features: Elevator
Windows:
Basement: N
Laundry: Common Area, In Building, In Unit, Electric Dryer Hookup, Washer Hookup
Security: Intercom

Construction & Materials

Year Built: 1979
Structure Type: High-Rise, Mid-Rise
Exterior Materials: Brick
Roof: Rubber
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Central, Heat Pump, Electric, Individual, Unit Control
Cooling: Central Air, Heat Pump, Individual, Unit Control
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Balcony
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 1
Parking Features: Assigned, Guest, Paved

Location

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Neighborhood

295 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-
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-
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
0.8 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
0.8 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
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
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Over life of loan
Total Cost
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Including down payment
%
Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $320
Homeowners Insurance $200
HOA Fee $492/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
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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

5.4%
Price Range
34
Total Days on Market

Property Timeline

Sold
Oct 28, 2024
$435,000
Property sold
Days on Market: 34
🏠
Listed for Sale
Aug 27, 2024
$459,900
Original listing
Agent: Patricia Ryan Office: P.A.R. Properties, Inc.

Price & Status History

Date Event Price Change
Aug 27, 2024 New Listing Added $459,900

Market Statistics

Days on Market
32 days
Price per Sq Ft
$343

Tax History

Year Taxes Assessment
2024 $3,845 $365,100

Financial Details

Annual Property Tax
$3,845
Tax Year 2024
HOA Fee
$492
Monthly
Assessed Value
$365,100

Listing Information

Listing Agent Patricia Ryan
Listing Office P.A.R. Properties, Inc.
Agent MLS ID NB110978
Office MLS ID NB1756
Listing Data Updated Oct 29, 2024 9:22 AM 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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