NOT LISTED FOR SALE

232 Ocean St Unit 4 Lynn, MA 01902

Diamond District Neighborhood

Estimated Value: $461,000 - $514,000

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. 92% increase in value since last sale

Current estimated payment $2,904/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

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
  • Stories: 2
  • 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
$479,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,525
Avg. Annual Appreciation
7.35%
Original Mortgage
$187,500
Outstanding Balance
$149,423
Interest Rate
3.61%
Mortgage Type
New Conventional
Estimated Equity
$343,295

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
Robert 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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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 List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
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

    259 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

    Robert 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

Not Listed for Sale

Condos

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