NOT LISTED FOR SALE

254 Ocean St Unit 3 Lynn, MA 01902

Diamond District Neighborhood

Estimated Value: $286,000 - $345,000

1 Bed
1 Bath
824 Sq Ft
0.31 Acres

Last Sold March 31, 2022

Last sale price $260,000 $316 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,901/month

5 Days on Market

Highlights

  • Waterfront
  • Window Unit Cooling System
  • Laundry Facilities
  • 1 Fireplace
  • Hot Water Heating System
  • 4-minute walk to Lynn Shore Reservation

About This Home

As of March 2022

Diamond District! The Oceanus - a 12 unit building with extraordinarily high owner-occupancy and a condo fee that includes heat and much more. As you approach the property from pretty Ocean Street you can see and hear the ocean literally down the block. Approaching the entrance you are greeted by blooming shrubs and colorful flower pots. Upon entering you will be brought into the feeling of a historic mansion as you walk up the beautiful original wood staircase with wainscotting and beautiful original bay windows in the common stairway. Second floor unit #3 is over 800 sq ft, very large for a one bedroom home. You will enter the large living room with working FP, then walk through the huge butler's pantry with charming original cabinetry but updated with gorgeous white granite counters and tile backsplash, and huge storage closet. Newer SS appliances, and beautiful updated bath.

Last Agent to Sell the Property

Jeanna Alimonti

Clements Realty Group Listed on: 12/30/2021

Last Buyer's Agent

Mikayla Corcoran

LAER Realty Partners License #454008737

LAER Realty Partners

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,498

Year Built

  • Built in 1900

Lot Details

  • Waterfront

Parking

  • 1 Car Parking Space

Home Design

  • Garden Home
  • Entry on the 2nd floor

Interior Spaces

  • 824 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number M:081 B:575 L:001 S:009,2001804

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include heat, water, sewer, insurance, maintenance structure, ground maintenance, snow removal, trash
  • 12 Units

Amenities

  • Laundry Facilities

Pet Policy

  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,498

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Garden
  • Year Built: 1900
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Entry Level: 2
  • Transaction Broker: 1
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 1

Interior Features

  • Fireplace YN: Yes
  • Fireplaces: 1
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Living Area: 824
  • Stories Total: 1
  • MAIN LO: C95263
  • LIST PRICE PER Sq Ft: 302.18
  • PRICE PER Sq Ft: 315.53
  • MAIN SO: C95098

Exterior Features

  • Waterfront Features: Beach Front, 1/10 to 3/10 To Beach
  • Waterfront YN: Yes

Garage/Parking

  • Garage YN: No
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Heating: Hot Water
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Hot Water, Laundry
  • Association Fee: 313
  • Association YN: Yes
  • UNIT BUILDING: 3

Fee Information

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

Lot Info

  • Parcel Number: M:081 B:575 L:001 S:009,2001804
  • Zoning: R5
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • PAGE: 141

Rental Info

  • Pets Allowed: Breed Restrictions

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2498
  • Tax Book Number: 22439

Multi Family

  • Number Of Units Total: 12
  • NO UNITS OWNER OCC: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2021
Closed on
Mar 31, 2022
Sold by
Calia Katherine L
Bought by
Kudeyar Alexander
Seller's Agent
Jeanna Alimonti
Clements Realty Group
Buyer's Agent
Mikayla Corcoran
LAER Realty Partners
List Price
$249,000
Sold Price
$260,000
Premium/Discount to List
$11,000
4.42%
Current Estimated Value
$315,369

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,369
Avg. Annual Appreciation
3.57%
Original Mortgage
$130,000
Outstanding Balance
$123,600
Interest Rate
4.67%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$170,410

Purchase Details

Listed on
Sep 22, 2019
Closed on
Nov 7, 2019
Sold by
Bevis Tiffany A
Bought by
Calia Katherine L
Seller's Agent
Jeanna Alimonti
Clements Realty Group
Buyer's Agent
Jeffrey Chubb
eXp Realty
List Price
$199,000
Sold Price
$199,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.78%
Original Mortgage
$189,050
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 2004
Sold by
Curran Dorothy M and Curran Robert E
Bought by
Bevis Tiffany A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,650
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 4, 2001
Sold by
Straub Neila J
Bought by
Weinstein Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,000
Interest Rate
6.85%
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
Kudeyar Alexander $260,000 None Available
Calia Katherine L $199,000 --
Bevis Tiffany A $145,000 --
Weinstein Paul $107,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kudeyar Alexander $130,000
Previous Owner Calia Katherine L $189,050
Previous Owner Weinstein Paul $111,650
Previous Owner Weinstein Paul $72,000
Previous Owner Weinstein Paul $86,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2022 03/31/22 Sold $260,000 +4.4% $316 / Sq Ft
01/05/2022 01/05/22 Pending -- -- --
12/30/2021 12/30/21 For Sale $249,000 +25.1% $302 / Sq Ft
11/07/2019 11/07/19 Sold $199,000 0.0% $242 / Sq Ft
10/02/2019 10/02/19 Pending -- -- --
09/22/2019 09/22/19 For Sale $199,000 -- $242 / 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 $2,747 $265,200 $0 $265,200
2024 $2,627 $249,500 $0 $249,500
2023 $2,507 $224,800 $0 $224,800
2022 $2,510 $201,900 $0 $201,900
2021 $2,493 $191,300 $0 $191,300
2020 $2,514 $187,600 $0 $187,600
2019 $2,498 $174,700 $0 $174,700
2018 $2,118 $147,700 $0 $147,700
2017 $2,081 $133,400 $0 $133,400
2016 $1,938 $119,800 $0 $119,800
2015 $1,762 $105,200 $0 $105,200
Source: Public Records

Agents Affiliated with this Home

  • Jeanna Alimonti

    Seller's Agent in 2022

    Jeanna Alimonti

    Clements Realty Group

    (603) 858-6769

    3 in this area

    19 Total Sales

    Jeanna Alimonti
    Section Image

  • M

    Buyer's Agent in 2022

    Mikayla Corcoran

    Laer Realty

    Section Image
  • Jeffrey Chubb

    Buyer's Agent in 2019

    Jeffrey Chubb

    eXp Realty

    (617) 775-7687

    140 Total Sales

    Jeffrey Chubb
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72930179

MLS Property Information Network (MLS PIN)

APN: LYNN-000081-000575-000001-000009-000009

Massachusetts Essex County Lynn 01902 Diamond District

254 Ocean St Unit 3, Lynn, MA

This home is located at 254 Ocean St Unit 3, Lynn, MA 01902 since 30 December 2021 and is currently estimated at $315,369, approximately $382 per square foot. This property was built in 1900. 254 Ocean St Unit 3 is a home located in Essex County with nearby schools including E.J. Harrington 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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