NOT LISTED FOR SALE

124 Ocean St Unit 3B Lynn, MA 01902

Diamond District Neighborhood

Estimated Value: $465,000 - $512,000

3 Beds
1 Bath
1,326 Sq Ft
$450/mo HOA Fee

Last Sold August 30, 2022

Last sale price $390,000 $294 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,341/month

2 Days on Market

Highlights

  • Marina
  • Fitness Center
  • Spa
  • Golf Course Community
  • Medical Services
  • No Units Above

About This Home

As of August 2022

Imagine sipping your coffee in the morning while gazing out at the OCEAN VIEWS, or watching 4th of July fireworks in the summer from your own private deck! It's North Shore living at it's finest in this large 3 bed/1 bath, well maintained classic pre-war penthouse condo, on a wide tree lined street in Lynn's Diamond District. Just one block from Red Rock Park, King's Beach scenic path, & some of Lynn/Swampscott's best restaurants, this location is ideal. The OCEAN VIEWS spill from the open concept kitchen/family/dining room across the whole back of the unit including the 3rd bedroom. If that isn't enough, enjoy a spacious formal living room w/electric fireplace, generous closet spaces, & walk-in laundry room that add to the wow factor of this already beautiful unit. Deeded rights to a portion of the roof allow for the possibility of a 2nd deck with ocean views. In this professionally run, pet friendly, Condo Association you will find that your investment is being well cared for.

Last Agent to Sell the Property

Melissa Weinand

William Raveis R.E. & Home Services Listed on: 07/14/2022

William Raveis R.E. & Home Services

Co-Listed By

KC Cucchi

The Proper Nest Real Estate

Last Buyer's Agent

Sharon Livermore and Madey Poss

Coldwell Banker Realty - Marblehead

Coldwell Banker Realty - Marblehead

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,098

Year Built

  • Built in 1898

Lot Details

  • Waterfront
  • Near Conservation Area
  • No Units Above
  • Landscaped Professionally

HOA Fees

  • $450 Monthly HOA Fees

Home Design

  • Entry on the 3rd floor
  • Frame Construction
  • Rubber Roof

Interior Spaces

  • 1,326 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Decorative Lighting
  • Insulated Windows
  • Bay Window
  • Window Screens
  • Intercom
  • Basement

Kitchen

  • Stove
  • Range with Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on third floor
  • Walk-In Closet
  • 1 Full Bathroom
  • Soaking Tub
  • Linen Closet In Bathroom

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • On-Street Parking
  • Open Parking

Outdoor Features

  • Spa
  • Walking Distance to Water
  • Balcony
  • Deck
  • Covered Patio or Porch
  • Rain Gutters

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Window Unit Cooling System
  • 1 Heating Zone
  • Heating System Uses Oil
  • Hot Water Heating System
  • 200+ Amp Service
  • Natural Gas Connected
  • Water Heater
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number M:093 B:556 L:003 S:006,4584489

Community Details

Overview

  • Association fees include heat, water, sewer, insurance, maintenance structure, ground maintenance, snow removal, trash, reserve funds
  • 6 Units
  • Mid-Rise Condominium
  • Miramare Condominium Association Community

Amenities

  • Medical Services
  • Shops
  • Coin Laundry
  • Community Storage Space

Recreation

  • Marina
  • Golf Course Community
  • Fitness Center
  • Park
  • Jogging Path
  • Bike Trail

Pet Policy

  • Pets Allowed

Security

  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,098

Year Built

Built in 1898

Lot Details

0

HOA Fees

$450 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Mid-Rise
  • Year Built: 1898
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Entry Level: 3
  • Transaction Broker: 1
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Gross/Full Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Flooring: Tile, Hardwood
  • Interior Amenities: Internet Available - Unknown
  • Door Features: Storm Door(s)
  • Entry Location: Unit Placement(Front,Back)
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Disposal,Microwave,Refrigerator,Freezer,Washer,Dryer,Range Hood, Tank Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Oven, Utility Connections for Electric Dryer
  • Total Bedrooms: 3
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Closet, Flooring - Hardwood
  • Room Bedroom3 Features: Closet, Flooring - Hardwood
  • Room Bedroom3 Level: Third
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Ceiling Fan(s), Closet, Flooring - Hardwood
  • Room Master Bedroom Level: Third
  • Bathroom 1 Features: Closet - Linen, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Jacuzzi / Whirlpool Soaking Tub, Lighting - Sconce
  • Bathroom 1 Level: Third
  • Room Dining Room Features: Flooring - Hardwood, Balcony / Deck
  • Room Dining Room Level: Third
  • Room Family Room Level: Third
  • Room Family Room Features: Flooring - Hardwood, Window(s) - Bay/Bow/Box
  • Room Kitchen Level: Third
  • Room Kitchen Features: Ceiling Fan(s), Flooring - Wood, Countertops - Stone/Granite/Solid, Cabinets - Upgraded, Open Floorplan, Stainless Steel Appliances, Gas Stove
  • Laundry Features: Closet - Walk-in, Flooring - Hardwood, Electric Dryer Hookup, Washer Hookup, Third Floor, In Unit
  • Room Living Room Level: Third
  • Room Living Room Features: Flooring - Hardwood
  • Basement: Y
  • Living Area: 1326
  • Other Equipment: Intercom
  • Spa YN: Yes
  • Stories Total: 3
  • Window Features: Insulated Windows, Screens
  • MAIN LO: M59500
  • LIST PRICE PER Sq Ft: 263.2
  • PRICE PER Sq Ft: 294.12
  • MAIN SO: AN6181

Exterior Features

  • Exterior Features: Rain Gutters, Professional Landscaping
  • Common Walls: No One Above, Corner
  • Construction Materials: Frame
  • Patio And Porch Features: Deck - Roof + Access Rights, Covered
  • Roof: Rubber
  • Waterfront Features: Beach Front, Ocean, Walk to, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: On Street

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Oven, for Electric Dryer, Washer Hookup
  • Cooling: Window Unit(s)
  • Heating: Hot Water, Oil
  • Cooling Y N: Yes
  • Electric: Circuit Breakers, 200+ Amp Service
  • Heating YN: Yes
  • Security Features: Intercom
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Association Amenities: Hot Water, Fitness Center, Storage
  • Association Fee: 450
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, House of Worship, Marina, Private School, Public School, T-Station, University
  • Senior Community YN: No
  • UNIT BUILDING: 3B
  • MANAGEMENT: Professional - Off Site
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds

Lot Info

  • Parcel Number: M:093 B:556 L:003 S:006,4584489
  • Zoning: R1
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.13
  • Lot Size Area: 0.13
  • Lot Size Sq Ft: 5602
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • PAGE: 105
  • OUTDOOR SPACE AVAILABLE: Yes - Private
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4098
  • Tax Book Number: 34465

Multi Family

  • Number Of Units Total: 6
  • Basement Included Sq Ft: No
  • NO UNITS OWNER OCC: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2022
Closed on
Aug 30, 2022
Sold by
Keller-Likins Sarah and Sweeney Michael
Bought by
Sweeney Caroline C
Seller's Agent
Melissa Weinand
William Raveis R.E. & Home Services
Buyer's Agent
Sharon Livermore and Madey Poss
Coldwell Banker Realty - Marblehead
List Price
$349,000
Sold Price
$390,000
Premium/Discount to List
$41,000
11.75%
Current Estimated Value
$478,430

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,430
Avg. Annual Appreciation
3.80%
Original Mortgage
$312,000
Outstanding Balance
$301,063
Interest Rate
5.51%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$136,130

Purchase Details

Closed on
Oct 23, 2015
Sold by
Schlafman Edeltraud
Bought by
Sweeney Michael and Keller-Likins Sarah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,800
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 5, 2006
Sold by
Miramare Rt and Beauvais Rosanna St
Bought by
Schlafman Edeltraud
Source: Public Records

Range of Values:

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List Price
Sold Price
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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
Sweeney Caroline C $390,000 None Available
Sweeney Michael $281,000 --
Schlafman Edeltraud $310,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sweeney Caroline C $312,000
Previous Owner Sweeney Michael F $226,500
Previous Owner Sweeney Michael $252,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2022 08/30/22 Sold $390,000 +11.7% $294 / Sq Ft
07/17/2022 07/17/22 Pending -- -- --
07/14/2022 07/14/22 For Sale $349,000 -- $263 / 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 $4,385 $423,300 $0 $423,300
2024 $4,035 $383,200 $0 $383,200
2023 $4,138 $371,100 $0 $371,100
2022 $4,098 $329,700 $0 $329,700
2021 $4,145 $318,100 $0 $318,100
2020 $4,226 $315,400 $0 $315,400
2019 $3,831 $267,900 $0 $267,900
2018 $4,340 $293,100 $0 $293,100
2017 $4,232 $271,300 $0 $271,300
2016 $3,814 $235,700 $0 $235,700
2015 $3,203 $191,200 $0 $191,200
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Melissa Weinand

    William Raveis R.E. & Home Services

    (781) 254-8669

    2 in this area

    244 Total Sales

    Melissa Weinand
    Section Image

  • K

    Seller Co-Listing Agent in 2022

    KC Cucchi

    The Proper Nest Real Estate

    1 in this area

    7 Total Sales

    KC Cucchi
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73011906

MLS Property Information Network (MLS PIN)

APN: LYNN-000093-000556-000003-000006-000006

Massachusetts Essex County Lynn 01902 Diamond District

124 Ocean St Unit 3B, Lynn, MA

This home is located at 124 Ocean St Unit 3B, Lynn, MA 01902 since 14 July 2022 and is currently estimated at $478,430, approximately $360 per square foot. This property was built in 1898. 124 Ocean St Unit 3B is a home located in Essex County with nearby schools including Brickett Elementary School, William R. Fallon School, and Marshall Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, 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, and the Images, 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, or as to the accuracy of any of the Images, set forth herein.

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