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285 Lynn Shore Drive # 507, Lynn MA 01902

Lynn, MA 01902 • Diamond District
$170,000
1
Beds
1
Baths
407
Sq Ft
$418
Price/Sq Ft
1893
Year Built
13
Days on Market
Closed Listed Jun 2, 2025 • MLS# 73383609 Copied! • Updated Jul 25, 2025

Sale Statistics

Sale Overview
Original List Price: $180,000
Final Sale Price: $170,000
Difference: $10,000 (-5.6%)
Performance Metrics
94.4%
List to Sale Ratio
Sold below asking price
13
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $442
Sale $/sq ft: $418
This property sold for $418 per square foot
Sale Summary

This property sold for 5.6% below the original asking price.

With only 13 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 6 similar properties sold within 0.5 miles in the last 90 days

This Property
$418/sq ft
Area Average
$226/sq ft
Difference
+84.7%

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

About this home

OPPORTUNITY! OCEAN FRONT - amazing views - great location across from the beach. GREAT Investment - Studio condo in the building this open, airy and bright, Studio condo, sited perfectly on the front of the fifth floor, takes full advantage of the unobstructed/expansive views of the ocean and the Boston skyline. The beach can be seen 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 CASH SALE Ask seller's agent for details. LAUNDRY in building.

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Recently Sold Nearby

Property History

Market Insights

2.9%
Price Range
15
Total Days on Market
1
Previous Sales

Property Timeline

Sold
Jul 15, 2025
$170,000
Property sold
Days on Market: 15
🏠
Listed for Sale
Jun 2, 2025
$175,000
Original listing
Agent: John Duffy Office: Senne
Previous Transaction - MLS #73160475
Full transaction history available when tracking began
🏷️
Previously Sold
Oct 16, 2023
$170,000
MLS #73160475

Tax History

Year Taxes Assessment
2025 $1,694 $163,500

Financial Details

Annual Property Tax
$1,694
Tax Year 2025
HOA Fee
$333
Monthly
Assessed Value
$163,500

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1893
Living Area 407 sq ft
Bedrooms 1
Full Baths 1
Total Rooms 3

Interior

Heating Hot Water
Cooling Window Unit(s)
Flooring Wood
Appliances Range, Disposal, Refrigerator, Freezer
Fireplace None
Basement N
Laundry In Building
Features Elevator

Exterior

Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features On Street
Electric 110 Volts, Fuses
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range
Annual Tax $1,694
Assessed Value $163,500

HOA & Community

HOA Fee $333 Monthly
Fee Includes Heat
Amenities Hot Water
Optional Fee Includes None
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type ["Mid-Rise"]
Unit/Building 507
Sq Ft Source Public Record
Documents None
County Essex
Total market time (incl. prior listings) 15 days

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1893
Bedrooms
1
Full Bathrooms
1
Living Area
407 sq ft
Total Rooms
3
Stories
7
Entry Level
5

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring: Wood
Appliances: Range, Disposal, Refrigerator, Freezer
Interior Features: Elevator
Windows: Insulated Windows
Basement: N
Laundry: In Building
Security: Intercom

Construction & Materials

Year Built: 1893
Structure Type: Mid-Rise
Exterior Materials:
Roof:
Foundation:
Stories: 7

Heating, Cooling & Utilities

Heating: Hot Water
Heating Zones: 1
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: On Street

Special Features

Waterfront: Yes
Waterfront Type: Waterfront, Ocean, Ocean, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
Community Amenities: Public Transportation, Shopping, Walk/Jog Trails, House of Worship

Nearby Schools

School information not available for this location.

Location

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Neighborhood

Diamond District

285 Lynn Shore Drive # 507, Lynn MA 01902

Lynn, MA 01902

Listing Information

Listing Agent John Duffy
Listing Office Senne
Office Phone 617-314-9400
Agent MLS ID CN210712
Office MLS ID AN6755
Listing Data Updated Jul 25, 2025 2:09 PM 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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