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285 Lynn Shore Dr # 602, Lynn MA 01902

Lynn, MA 01902 • Diamond District
$215,000
Est. $2,197/month
1
Beds
1
Baths
764
Sq Ft
$281
Price/Sq Ft
0.27
Acres
1893
Year Built
85
Days on Market
Closed Listed Oct 15, 2024 • MLS# 73302306 Copied!

About this home

OPPORTUNITY! OCEAN FRONT - amazing views - great location across from the beach. GREAT Investment - One of the largest condos in the building this open, airy and bright, one-bedroom condo, sited perfectly on the front corner of the sixth floor, takes full advantage of the unobstructed/expansive views of the ocean and the Boston skyline. You can walk/run the beaches for miles, yet you are close to the train and ferry to Boston and the restaurants, pubs, shops, cafes, brewery, art and entertainment venues Lynn and Swampscott have to offer. The HOA fees include heat, hot water and water/sewer (and more). The building and HOA are in transition and will require a cash sale. Ask seller's agent for details. IN UNIT LAUNDRY!

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1893
Bedrooms
1
Full Bathrooms
1
Living Area
764 sq ft
Total Rooms
3
Stories
1
Entry Level
6

Sale Statistics

Sale Overview
Original List Price: $224,900
Final Sale Price: $215,000
Difference: $9,900 (-4.4%)
Performance Metrics
95.6%
List to Sale Ratio
Sold below asking price
85
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $294
Sale $/sq ft: $281
This property sold for $281 per square foot
Sale Summary

This property sold for 4.4% below the original asking price.

The property spent 85 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
$281/sq ft
Area Average
$249/sq ft
Difference
+13.0%

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

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1893
Living Area 764 sq ft
Lot Size 0.27 acres
Bedrooms 1
Full Baths 1
Total Rooms 3

Interior

Heating Baseboard, Natural Gas
Cooling None
Flooring None
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Basement Y
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 $3,389
Assessed Value $321,800

Interior Features

Flooring:
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features:
Windows:
Basement: Y
Laundry:
Security:

Construction & Materials

Year Built: 1893
Structure Type: High-Rise
Exterior Materials:
Roof:
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Baseboard, Natural Gas
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, Bay, Ocean, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
Community Amenities: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Conservation Area, House of Worship, Private School, Public School, T-Station

Location

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Neighborhood

Diamond District

285 Lynn Shore Dr # 602, 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
Learn about these ratings

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 $282
Homeowners Insurance $200
HOA Fee $627/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

4.4%
Price Range
87
Total Days on Market

Property Timeline

Sold
Jan 30, 2025
$215,000
Property sold
Days on Market: 87
🏠
Listed for Sale
Oct 15, 2024
$224,900
Original listing
Agent: Team Harborside Office: Sagan Harborside Sotheby's International Realty

Price & Status History

Date Event Price Change
Oct 15, 2024 New Listing Added $224,900

Market Statistics

Days on Market
85 days
Price per Sq Ft
$281

Tax History

Year Taxes Assessment
2024 $3,389 $321,800

Financial Details

Annual Property Tax
$3,389
Tax Year 2024
HOA Fee
$627
Monthly
Assessed Value
$321,800

Listing Information

Listing Agent Team Harborside
Listing Office Sagan Harborside Sotheby's International Realty
Agent MLS ID TM003189
Office MLS ID AN4472
Listing Data Updated Jan 31, 2025 11:22 AM EST
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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