285 Lynn Shore Drive # 607, Lynn MA 01902

Lynn, MA 01902 • Diamond District

$172,000

Beds

Baths

407

Sq Ft

$423

Price/Sq Ft

0.27

Acres

1893

Year Built

Condominium

Type

112

Days on Market

Sold Listed Aug 28, 2024 • MLS# 73282451 Copied! • Updated Jan 8, 2025

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Sale Statistics

Sale Overview

Original List Price: $150,000

                            Final Sale Price:
                            $172,000
                        

Difference: +$22,000 (+14.7%)

Performance Metrics

114.7%

List to Sale Ratio

Sold above asking price

112

Days on Market

Extended listing

Price per Square Foot Analysis

Original $/sq ft: $369

                            Sale $/sq ft:
                            $423
                        

This property sold for $423 per square foot

Sale Summary

This property sold for 14.7% above the original asking price, indicating strong buyer demand.

At 112 days on market, this property took longer than average to sell.

Nearby Sales Comparison

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

This Property

$423/sq ft

Area Median

$334/sq ft

Difference

+26.6%

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

About this home

Back on the market after previous buyer's financing fell through giving you another opportunity to make this oceanfront property yours! Come soak in breathtaking oceanfront views in this historic Diamond District condo! Truly an investor's coastal gem, this 6th floor, front facing unit offers stunning, unobstructed views of the Lynn Shore & Nahant Beach Reservation. This modern, open-concept studio condo features an updated eat-in kitchen with new cabinetry, updated light fixtures throughout, hardwood floors, and a spacious walk-in closet. Wake up each morning to beautiful ocean views outside your windows! On the basement level, you will find shared laundry and bike storage. This waterfront condo is under 1 mile to the commuter rail, within 10 miles to Logan Airport, and is in close proximity to Route 1, 1A, 129, and 95, making commuting a breeze. Don't miss your chance to invest in this beautifully updated coastal retreat! No master insurance, cash sales only.

Public Records & Permits

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Recently Sold Nearby

Property History

Market Insights

1.2%

Price Range

Total Days on Market

Property Timeline

✓

Sold

Jan 2, 2025

$172,000

Property sold

Days on Market: 66

🏠

Listed for Sale

Aug 28, 2024

$170,000

Original listing

Office: Coldwell Banker Realty - Haverhill

Date	Event	Price	Change	$/sqft	Details
01/02/2025	✓ Sold	$172,000	-	-	Property sold
08/28/2024	🏠 Listed for Sale	$170,000	-	-	Original listing

Tax History

Year	Taxes	Assessment
2024	$2,639	$250,600

Financial Details

Annual Property Tax

$2,639

Tax Year 2024

HOA Fee

$333

Monthly

Assessed Value

$250,600

Facts & Features

Home Facts

Type Residential

Style Condominium

Year Built 1893

Living Area 407 sq ft

Lot Size 0.27 acres

Bedrooms 1

Full Baths 1

Total Rooms 3

Interior

Heating Hot Water, Natural Gas

Cooling Window Unit(s)

Flooring Hardwood

Appliances Range, Disposal, Microwave, Refrigerator

Fireplace None

Basement Y

Laundry In Building

Features None

Exterior

Construction None

Architecture None

Roof None

Features None

Pool None

Spa None

Fencing None

Patio/Porch None

Parking

Features On Street

Utilities

Electric None

Water Public

Sewer Public Sewer

Gas None

Other None

Financial

Annual Tax $2,639

Assessed Value $250,600

HOA & Community

HOA Fee $333 Monthly

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

Amenities Hot Water, Laundry, Elevator(s), Storage

Optional Fee Includes None

MA Disclosures

Seller Disclosures No Master Insurance; However, A New Property Management Company For Building Started On A Consulting Basis In September 2024. Cash Sale Only. New Gas Line Repairs Done In October 2024 To Make Stove Operational In Unit. Buyer/buyers Agent To Do Due Diligence. Sold As Is, Where Is.

Additional Details

Possession None

Accepted Financing Lender Approval Required

Structure Type ["Garden","High-Rise"]

Unit/Building 607

Sq Ft Source Public Record

Documents Master Deed, Unit Deed, Rules & Regs, Floor Plans (4)

County Essex

Total market time (incl. prior listings) 27 days

Property Overview

Property Type

Condominium

Listing Type

Sold

Year Built

1893

Bedrooms

Full Bathrooms

Living Area

407 sq ft

Total Rooms

Stories

Entry Level

Floor Layout

Interior Features

Flooring: Hardwood

Appliances: Range, Disposal, Microwave, Refrigerator

Interior Features:

Windows:

Basement: Y

Laundry: In Building

Security:

Construction & Materials

Year Built: 1893

Structure Type: Garden, High-Rise

Exterior Materials:

Roof:

Foundation:

Stories: 1

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:

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, Golf, Laundromat, Highway Access, Marina, Public School

Nearby Schools

School information not available for this location.

Location

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Neighborhood

Diamond District

285 Lynn Shore Drive # 607, Lynn MA 01902

Lynn, MA 01902

Listing Information

Listing Office Coldwell Banker Realty - Haverhill

Office Phone 978-372-8577

Agent MLS ID CN256904

Office MLS ID AN6212

Listing Data Updated Jan 8, 2025 2:53 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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