NOT LISTED FOR SALE

244 Ocean St Lynn, MA 01902

Diamond District Neighborhood

Estimated Value: $1,047,838 - $1,309,000

8 Beds
4 Baths
5,096 Sq Ft
$242/Sq Ft Est. Value

Last Sold July 01, 2016

Last sale price $580,000 $114 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $7,328/month

6 Days on Market

About This Home

As of July 2016

Stately 3 Family in the Heart of the Historic Diamond District with Ocean Views from each unit. Short Walk to Kings Beach and Swampscott's Waterfront Commercial District. Soaring Ceilings, Intricate Original Millwork and Moldings throughout. Several Fireplaces, Hardwood Floors throughout the first and second floors and 3 Large Kitchens and 4 Total Bathrooms. 3 Newer Gas Heating Systems. Well cared for and maintained property and it shows! Truly a must see! OPEN HOUSE SUNDAY 12-2. OFFERS DUE MONDAY AT NOON ON APRIL 25TH

Last Agent to Sell the Property

Steven Belesis

Citylight Homes LLC Listed on: 04/19/2016

Last Buyer's Agent

Rachel Leung

Thread Real Estate, LLC

Property Details

Home Type

Multi-Family

Year Built

1890

Lot Details

0

Listing Details

  • Lot Description: Level
  • Property Type: Multi-family
  • Other Agent: 2.00
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1890

Interior Features

  • Fireplaces: 5
  • Has Basement: Yes
  • Fireplaces: 5
  • Number of Rooms: 18
  • Electric: Circuit Breakers
  • Basement: Full, Walk Out
  • Total Levels: 3

Exterior Features

  • Exterior: Wood, Aluminum
  • Foundation: Brick, Granite
  • Waterview Flag: Yes

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 6

Utilities

  • Hot Water: Natural Gas
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 3

Lot Info

  • Assessor Parcel Number: M:081 B:573 L:008
  • Zoning: R2

Multi Family

  • Total Bedrooms: 8
  • Total Fireplaces: 5
  • Total Floors: 6
  • Total Full Baths: 4
  • Total Levels: 3
  • Total Rms: 16
  • Total Rent_1: 2750
  • Waterview: Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 2, 2025
Sold by
Luo Xuefeng and Pang Zhiwen
Bought by
Pang & Luo Cap Ft and Luo
Current Estimated Value
$1,232,960

Purchase Details

Listed on
Apr 19, 2016
Closed on
Jul 1, 2016
Sold by
Robath 2 Llc
Bought by
Pang Zhi W and Luo Xue F
Seller's Agent
Steven Belesis
Citylight Homes LLC
Buyer's Agent
Rachel Leung
Thread Real Estate, LLC
List Price
$529,900
Sold Price
$580,000
Premium/Discount to List
$50,100
9.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.19%
Original Mortgage
$435,000
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 7, 2013
Closed on
Jun 11, 2013
Sold by
Richardson Gayle G
Bought by
Robathtwo Llc
Seller's Agent
Penny McKenzie
Coldwell Banker Realty - Lynnfield
Buyer's Agent
Penny McKenzie
Coldwell Banker Realty - Lynnfield
List Price
$499,900
Sold Price
$450,000
Premium/Discount to List
-$49,900
-9.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.65%
Original Mortgage
$382,000
Interest Rate
3.43%
Mortgage Type
New Conventional
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
Pang & Luo Cap Ft -- --
Pang Zhi W $580,000 --
Robathtwo Llc $450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pang Zhi W $435,000
Previous Owner Robathtwo Llc $382,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/01/2016 07/01/16 Sold $580,000 +9.5% $114 / Sq Ft
04/25/2016 04/25/16 Pending -- -- --
04/19/2016 04/19/16 For Sale $529,900 +17.8% $104 / Sq Ft
06/11/2013 06/11/13 Sold $450,000 -10.0% $66 / Sq Ft View Prior Sale
05/12/2013 05/12/13 Pending -- -- --
03/07/2013 03/07/13 For Sale $499,900 -- $74 / 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 $11,102 $1,071,600 $249,700 $821,900
2024 $11,341 $1,077,000 $264,600 $812,400
2023 $10,822 $970,600 $245,200 $725,400
2022 $10,503 $845,000 $196,200 $648,800
2021 $10,208 $783,400 $192,700 $590,700
2020 $9,582 $715,100 $172,700 $542,400
2019 $9,421 $658,800 $167,700 $491,100
2018 $9,013 $594,900 $180,000 $414,900
2017 $9,327 $597,900 $171,400 $426,500
2016 $8,876 $548,600 $167,800 $380,800
2015 $9,162 $547,000 $173,600 $373,400
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2016

    Steven Belesis

    Citylight Homes LLC

    (978) 977-0050

    65 Total Sales

    Steven Belesis
    Section Image

  • R

    Buyer's Agent in 2016

    Rachel Leung

    Thread Real Estate, LLC

    4 Total Sales

    Rachel Leung
    Section Image

  • P

    Seller's Agent in 2013

    Penny McKenzie

    Coldwell Banker Realty - Lynnfield

    (781) 929-7237

    26 Total Sales

    Penny McKenzie
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71990372

MLS Property Information Network (MLS PIN)

APN: LYNN-000081-000573-000008

Massachusetts Essex County Lynn 01902 Diamond District

244 Ocean St, Lynn, MA

Not Listed for Sale

MultiFamily

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