285 Lynn Shore Drive # 402, Lynn MA 01902

Lynn, MA 01902

$250,000

Beds

Baths

764

Sq Ft

$327

Price/Sq Ft

1893

Year Built

Condominium

Type

Days on Market

Sold 2024 Listed Aug 27, 2024 • MLS# 73282293 Copied! • Updated Nov 9, 2024

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Sale Statistics

Sale Overview

Original List Price: $270,000

                            Final Sale Price:
                            $250,000
                        

Difference: $20,000 (-7.4%)

Performance Metrics

92.6%

List to Sale Ratio

Sold below asking price

Days on Market

Quick sale

Price per Square Foot Analysis

Original $/sq ft: $353

                            Sale $/sq ft:
                            $327
                        

This property sold for $327 per square foot

Sale Summary

This property sold for 7.4% below the original asking price.

With only 25 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 19 similar properties sold within 0.5 miles in the last 90 days

This Property

$327/sq ft

Area Median

$271/sq ft

Difference

+20.6%

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

About this home

Stunning ocean views from this renovated Lynn Shore condo. This spacious oceanfront home has new stainless appliances, a renovated kitchen with stone counters, and a new bathroom. There are multiple beaches in the vicinity that are open to the public and there are beaches and parks right across the street. There is a Commuter Rail under a mile away and it is only a two stop ride to Boston. Minutes to Lynn and Swampscott's popular restaurants, shops, pubs, cafes, breweries, farmer’s markets, grocery stores, parks! Easy access to Routes 1/1A/129/95. Pets allowed. This property can either be owner financed or it has to be a cash purchase, 20% down minimum requirement for owner financing and subject to applicant financial review. Please read disclosures about this building, property is in the process of hiring a management company.

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Recently Sold Nearby

Price & Status History

Market Insights

29.6%

Price Range

Total Days on Market

Previous Sales

Property Timeline

Current Active Listing - MLS #73545737

Full transaction history available when tracking began

🏡

Currently Listed

Jul 7, 2026

$269,999

MLS #73545737 - Active

View Listing →

✓

Sold

Nov 1, 2024

$250,000

Property sold

Days on Market: 28

🏠

Listed for Sale

Aug 28, 2024

$270,000

Original listing

Office: Compass

Previous Transaction - MLS #70162321

Full transaction history available when tracking began

🏷️

Previously Sold

May 18, 2005

$190,000

MLS #70162321

View Listing →

Date	Event	Price	Change	$/sqft	Details
07/07/2026	🏡 Currently Listed	$269,999	-	-	MLS #73545737 - Active
11/01/2024	✓ Sold	$250,000	-	-	Property sold
08/28/2024	🏠 Listed for Sale	$270,000	-	-	Original listing
05/18/2005	🏷️ Previously Sold	$190,000	-	-	MLS #70162321

Tax History

Year	Taxes	Assessment
2024	$2,634	$250,100

Financial Details

Annual Property Tax

$2,634

Tax Year 2024

HOA Fee

$627

Per month

Assessed Value

$250,100

Facts & Features

Home Facts

Type Residential

Style Condominium

Year Built 1893

Living Area 764 sq ft

Bedrooms 2

Full Baths 1

Total Rooms 3

Interior

Heating Hot Water

Cooling Window Unit(s)

Flooring None

Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer

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 $2,634

Assessed Value $250,100

HOA & Community

HOA Fee $627

Fee Includes Heat, Water, Sewer, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash

Amenities Hot Water, Elevator(s), Storage

Optional Fee Includes None

MA Disclosures

Seller Disclosures None

Additional Details

Possession None

Accepted Financing None

Structure Type ["High-Rise"]

Unit/Building 402

Sq Ft Source Public Record

Documents Master Deed, Unit Deed, Rules & Regs, Management Association Bylaws, Association Financial Statements, Other (see Remarks)

County Essex

Total market time (incl. prior listings) 28 days

Property Overview

Property Type

Condominium

Listing Type

Sold

Year Built

1893

Bedrooms

Full Bathrooms

Living Area

764 sq ft

Total Rooms

Stories

Entry Level

Floor Layout

Interior Features

Flooring:

Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer

Interior Features:

Windows:

Basement: Y

Laundry:

Security:

Construction & Materials

Year Built: 1893

Structure Type: High-Rise

Exterior Materials:

Roof:

Foundation:

Stories: 1

Utilities & Systems

Heating: Hot Water

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, 0 to 1/10 Mile To Beach, Beach Ownership(Public)

Community Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, House of Worship, Marina, Private School, Public School, T-Station, University

Nearby Schools

School information not available for this location.

Location

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Neighborhood

285 Lynn Shore Drive # 402, Lynn MA 01902

Lynn, MA 01902

Listing Information

Listing Office Compass

Office Phone 617-752-6845

Agent MLS ID CN255980

Office MLS ID AN3337

Listing Data Updated Nov 9, 2024 11:37 PM EST

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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