NOT LISTED FOR SALE

124 Ocean St Unit 1A Lynn, MA 01902

Diamond District Neighborhood

Estimated Value: $464,000 - $589,000

4 Beds
2 Baths
2,646 Sq Ft
5,663 Sq Ft Lot

Last Sold March 27, 2017

Last sale price $287,500 $109 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $3,266/month

113 Days on Market

About This Home

As of March 2017

Large and unique 4 bedroom Condo on the Swampscott borderline, historic Diamond District. The only unit with its own deck and yard space. Walls are freshly painted. Hardwood floors refinished. Ocean views from window. Plenty of space for storage which includes walk in closets. Open space living from kitchen to dining room and two family rooms. Offers 2 levels of living. The lower level has its own entrance offering an in law type space. There is also a cedar closet and a sauna. Washer and dryer exclusively belongs to unit. Bring your pets. Located near sandy beaches and close to the commuter rail. Seaside living with a unique architecture, high ceilings, and surrounded by old world mansions. A step away from the Ocean. Enjoy the summers along Nahant beach, Kings Beach and Marblehead beach. Close to all amenities such as shopping, dining and historic Salem and Marblehead!

Last Agent to Sell the Property

Billy Mok

Artemis Property Group LLC Listed on: 10/10/2016

Last Buyer's Agent

Melissa Weinand

The Proper Nest Real Estate

The Proper Nest Real Estate

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2016
Closed on
Mar 27, 2017
Sold by
Molina Douglas and Molina Lois
Bought by
Foster Bruce E and Foster Angela M
Seller's Agent
Billy Mok
Artemis Property Group LLC
Buyer's Agent
Melissa Weinand
The Proper Nest Real Estate
List Price
$310,000
Sold Price
$287,500
Premium/Discount to List
-$22,500
-7.26%
Total Days on Market
113
Current Estimated Value
$512,739

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$225,239
Avg. Annual Appreciation
7.49%
Original Mortgage
$187,500
Outstanding Balance
$157,698
Interest Rate
4.17%
Mortgage Type
New Conventional
Estimated Equity
$362,007

Purchase Details

Closed on
Feb 27, 2009
Sold by
Jacobs Ruan
Bought by
Molina Douglas and Molina Lois

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Foster Bruce E $287,500 --
Molina Douglas $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Foster Bruce E $187,500
Previous Owner Jacobs Ruan $132,000
Previous Owner Jacobs Ruan $259,200
Previous Owner Jacobs Ruan $64,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2017 03/27/17 Sold $287,500 -3.8% $109 / Sq Ft
01/31/2017 01/31/17 Pending -- -- --
11/02/2016 11/02/16 Price Changed $299,000 -3.5% $113 / Sq Ft
10/10/2016 10/10/16 For Sale $310,000 -- $117 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,789 $462,300 $0 $462,300
2024 $4,400 $417,900 $0 $417,900
2023 $4,372 $392,100 $0 $392,100
2022 $4,612 $371,000 $0 $371,000
2021 $4,665 $358,000 $0 $358,000
2020 $4,756 $354,900 $0 $354,900
2019 $4,309 $301,300 $0 $301,300
2018 $4,921 $324,800 $0 $324,800
2017 $4,682 $300,100 $0 $300,100
2016 $4,225 $261,100 $0 $261,100
2015 $3,569 $213,100 $0 $213,100
Source: Public Records

Agents Affiliated with this Home

  • Billy Mok

    Seller's Agent in 2017

    Billy Mok

    Artemis Property Group LLC

    (781) 913-9283

    Section Image

  • M

    Buyer's Agent in 2017

    Melissa Weinand

    The Proper Nest Real Estate

    (781) 254-8669

    2 in this area

    236 Total Sales

    Melissa Weinand
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72079196

MLS Property Information Network (MLS PIN)

APN: LYNN-000093-000556-000003-000001-000001

Massachusetts Essex County Lynn 01902 Diamond District

124 Ocean St Unit 1A, Lynn, MA

This home is located at 124 Ocean St Unit 1A, Lynn, MA 01902 since 10 October 2016 and is currently estimated at $512,739, approximately $193 per square foot. This property was built in 1898. 124 Ocean St Unit 1A is a home located in Essex County with nearby schools including Brickett Elementary School, William R. Fallon School, and Marshall Middle School.

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