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Backup Offers

285 Lynn Shore Dr Unit 502, Lynn, MA, 01902

$220,000

Home List Price

$2,613*

Closing Credit

1 Bedroom
1 Full Bath
764 SqFt
$288/SqFt
Condo

Location

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285 Lynn Shore Dr Unit 502, Lynn$220,000

Buyer Closing Credits

$2,613*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1893
HeatingHot Water, Natural Gas
CoolingWindow Unit(s)
WaterfrontWaterfront, Beach, Ocean Front
ViewCity
MLS #73305412
StatusAccepting Backup Offers
(Contingent)

About 285 Lynn Shore Dr Unit 502

This delightful one-bedroom condo offers breathtaking ocean views from every room, creating a serene atmosphere throughout. Ideally located, it’s just a short walk to a park, public transportation, restaurants, and shopping—providing ultimate convenience and access to local amenities. The bright and airy living space features large windows that fill the interior with natural light, showcasing stunning ocean views. The modern, fully equipped kitchen is perfect for cooking while enjoying the peaceful surroundings. With its prime location, amazing views, and easy access to everything you need, this condo offers the perfect blend of comfort and lifestyle. Whether you’re relaxing indoors or exploring the vibrant neighborhood, you’ll love everything this property has to offer. Pets allowed, Cash purchase ONLY. Please review property disclosures before scheduling a showing.

Property Details

Property Features

Property Information:

  • Year Built: 1893
  • Living Area: 764 SqFt

Listing Office:

  • Office Name: Lillian Montalto Signature Properties
  • Office Phone: (978) 475-1400
  • Listing Agent: Team Lillian Montalto

Interior Features

Interior Information:

  • Appliances: Range, Dishwasher, Microwave, Refrigerator
  • Flooring Type: Wood, Tile

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Waterfront: Waterfront, Beach, Ocean Front
  • View: City
  • Exterior: City View(s)

Utilities

Utilities Information:

  • Heating: Hot Water, Natural Gas
  • Cooling: Window Unit(s)

Other

Directions Information:

  • Directions: Humphrey St to Lynn Shore Dr.

Price Information

Listing Price Info

Price Summary:

  • List Price: $220,000
  • Price Per SqFt: $288/SqFt

HOA Fees:

  • Amount: $627
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Lynn, MA.

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Lynn, MA

City

Med. Sold Price

$577.5K

Med. Price/SqFt

$361

Avg. Days On Market

18

# of Sold Homes

44

285 Lynn Shore Dr Unit 502 vs Lynn

55 DAYS ON ROCKET

+37 Days

$220,000

-$357.5K Less

$288/SqFt

-$74 Less

KEY TAKEAWAY

This property is $357.5K less than the Median Sold Price and $74/SqFt less than other homes in Lynn, MA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MLS Property Information Network
  • MLS Number: #73305412

Listing Office:

  • Office Name: Lillian Montalto Signature Properties
  • Office Phone: (978) 475-1400
  • Listing Agent: Team Lillian Montalto

IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/17/2024, 11:55:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,793

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$726

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4407427
3
/10

  • Brickett Elementary School

  • 123 Lewis St

  • 0.43 miles

  • Public District Grades KG-5

school-card-donut-4407428
3
/10

  • E J Harrington

  • 21 Dexter St

  • 0.44 miles

  • Public District Grades PK-5

school-card-donut-4407429
3
/10

  • Ingalls

  • 1 Collins Street Ter

  • 0.82 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $73,529. Typical income of Lynn, MA residents is between $35k-100k annually. Most families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 285 Lynn Shore Dr Unit 502

What is the listing price of this property?

The listing price of 285 Lynn Shore Dr Unit 502 property is $220,000.

What type of property is this?

The property 285 Lynn Shore Dr Unit 502 is a condo located in Lynn, Massachusetts, 01902.

Is this property for sale now?

Accepting Backup Offers: 285 Lynn Shore Dr Unit 502 is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

How many bedrooms and bathrooms does this property have?

The property at 285 Lynn Shore Dr Unit 502 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 285 Lynn Shore Dr Unit 502 is 764 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 285 Lynn Shore Dr Unit 502 is 1893.

Rocket Homes›Massachusetts›Essex County›Lynn›01902›285 Lynn Shore Dr Unit 502

This home is located at 285 Lynn Shore Dr Unit 502 in Lynn, MA and zip code 01902. This 764 square foot home was built in 1893. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since October 23, 2024 and is currently priced at $220,000.

In November 2024, from all listings sold in Lynn, MA there were more than 33 sold above asking price, over 7 sold below and more than 4 were sold right at the asked price. The inventory of homes for sale in Lynn, MA between October 2024 and November 2024 decreased by 12%. The median list price of listings available in November 2024 was $577,500, while the average time on the real estate market was 18 days.

From Rocket Homes Real Estate and based on county public records data.

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