NOT LISTED FOR SALE

232 Ocean St Unit 4 Lynn, MA 01902

Diamond District Neighborhood

Estimated Value: $425,000 - $539,000

2 Beds
2 Baths
1,260 Sq Ft
1.24 Acres

Last Sold June 21, 2016

Last sale price $250,000 $198 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $2,969/month

49 Days on Market

About This Home

As of June 2016

Beautiful Condo inside the Benz Mansion within the highly desirable Diamond District! Only 4 units in this meticulously maintained and carefully restored historic mansion. Ocean views from most rooms! Stunning period detail & original woodwork can be seen throughout. This unit features Central Air, Washer and Dryer in unit, 2 Large Bedrooms, 2 Full Baths, & 2 original tiled, working fireplaces in perfect condition! Old world charm paired effortlessly with modern amenities: Central Air, Washer and dryer in unit, intercom system, & recessed lighting.

Last Agent to Sell the Property

The Lopes Bridge Group

J. Barrett & Company Listed on: 02/16/2016

Last Buyer's Agent

Katie DiVirgilio

RE/MAX 360

RE/MAX 360

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,756

Year Built

1900

Lot Details

0

Listing Details

  • Unit Level: 2
  • Property Type: Condominium/Co-Op
  • Other Agent: 1.00
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1900

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer / Dryer Combo
  • Fireplaces: 2
  • Has Basement: No
  • Fireplaces: 2
  • Number of Rooms: 4
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf Course, Medical Facility, House of Worship, Marina, Private School, Public School, T-Station, University
  • Flooring: Wall to Wall Carpet, Hardwood
  • Interior Amenities: Intercom
  • Bedroom 2: Second Floor
  • Bathroom #1: Second Floor
  • Bathroom #2: Second Floor
  • Kitchen: Second Floor
  • Living Room: Second Floor
  • Master Bedroom: Second Floor
  • Master Bedroom Description: Bathroom - Full, Fireplace, Closet, Flooring - Hardwood, Flooring - Marble
  • Dining Room: Second Floor
  • No Living Levels: 1

Exterior Features

  • Construction: Brick
  • Exterior: Brick
  • Beach Ownership: Public
  • Waterview Flag: Yes

Garage/Parking

  • Parking: Deeded
  • Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating: Central Heat, Gas
  • Utility Connections: for Gas Range, for Electric Range
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Condominium Name: Benz Condominium Association
  • Association Fee Includes: Water, Sewer, Master Insurance, Exterior Maintenance, Landscaping, Snow Removal
  • Management: Professional - Off Site
  • Pets Allowed: Yes w/ Restrictions
  • No Units: 4
  • Unit Building: 4

Fee Information

  • Fee Interval: Monthly

Lot Info

  • Zoning: R2

Multi Family

  • Waterview: Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2016
Closed on
Jun 21, 2016
Sold by
Nicholas Carolyn N and Nicholas Richard K
Bought by
Groff Marcus L and Groff Ermelinda M
Seller's Agent
The Lopes Bridge Group
J. Barrett & Company
Buyer's Agent
Katie DiVirgilio
RE/MAX 360
List Price
$259,900
Sold Price
$250,000
Premium/Discount to List
-$9,900
-3.81%
Current Estimated Value
$484,837

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,837
Avg. Annual Appreciation
7.50%
Original Mortgage
$187,500
Outstanding Balance
$150,228
Interest Rate
3.61%
Mortgage Type
New Conventional
Estimated Equity
$334,609

Purchase Details

Listed on
May 9, 2014
Closed on
Jul 30, 2014
Sold by
Est Ward Beverly and Berke John D
Bought by
Nicholas Carolyn N and Nicholas Richard K
Seller's Agent
D'Amico Sales Team
Century 21 North East
Buyer's Agent
Rob Cooper
LAER Realty Partners
List Price
$199,999
Sold Price
$195,000
Premium/Discount to List
-$4,999
-2.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.97%

Purchase Details

Closed on
Apr 13, 2004
Sold by
Zaslow William C
Bought by
Ward Beverly I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 1998
Sold by
Levine Robert A
Bought by
Zaslow William C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,110
Interest Rate
7.09%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Groff Marcus L $250,000 --
Nicholas Carolyn N $185,000 --
Ward Beverly I $270,000 --
Zaslow William C $157,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Groff Marcus L $187,500
Previous Owner Zaslow William C $50,000
Previous Owner Zaslow William C $216,000
Previous Owner Zaslow William C $136,000
Previous Owner Zaslow William C $142,110
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2016 06/21/16 Sold $250,000 -3.8% $198 / Sq Ft
04/05/2016 04/05/16 Pending -- -- --
03/23/2016 03/23/16 For Sale $259,900 0.0% $206 / Sq Ft
03/16/2016 03/16/16 Pending -- -- --
02/16/2016 02/16/16 For Sale $259,900 +33.3% $206 / Sq Ft
07/30/2014 07/30/14 Sold $195,000 -2.5% $155 / Sq Ft
05/30/2014 05/30/14 Pending -- -- --
05/09/2014 05/09/14 For Sale $199,999 -- $159 / 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 $4,756 $459,100 $0 $459,100
2024 $4,554 $432,500 $0 $432,500
2023 $4,444 $398,600 $0 $398,600
2022 $3,579 $287,900 $0 $287,900
2021 $3,558 $273,100 $0 $273,100
2020 $3,438 $256,600 $0 $256,600
2019 $3,412 $238,600 $0 $238,600
2018 $3,597 $226,500 $0 $226,500
2017 $3,638 $233,200 $0 $233,200
2016 $3,799 $234,800 $0 $234,800
2015 $3,476 $207,500 $0 $207,500
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2016

    The Lopes Bridge Group

    J. Barrett & Company

  • Katie DiVirgilio

    Buyer's Agent in 2016

    Katie DiVirgilio

    RE/MAX 360

    (617) 285-9847

    16 in this area

    294 Total Sales

    Katie DiVirgilio
    Section Image

  • D

    Seller's Agent in 2014

    D'Amico Sales Team

    Century 21 North East

  • R

    Buyer's Agent in 2014

    Rob Cooper

    Laer Realty

    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71959613

MLS Property Information Network (MLS PIN)

APN: LYNN-000081-000573-000004-000010-000010

Massachusetts Essex County Lynn 01902 Diamond District

232 Ocean St Unit 4, Lynn, MA

This home is located at 232 Ocean St Unit 4, Lynn, MA 01902 since 16 February 2016 and is currently estimated at $484,837, approximately $384 per square foot. This property was built in 1900. 232 Ocean St Unit 4 is a home located in Essex County with nearby schools including E.J. Harrington School, William R. Fallon School, and Marshall Middle School.

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