281 Ocean St Unit 2 Lynn, MA 01902
Diamond District Neighborhood
1
Bed
1
Bath
750
Sq Ft
$341/mo
HOA Fee
Highlights
- Marina
- Waterfront
- Property is near public transit
- Medical Services
- Open Floorplan
- 4-minute walk to Lynn Beach
About This Home
As of April 2024Beautiful Victorian Mansion Building. 4 Unit Condo. One Block From The Beach.281 Ocean St. This spacious one-bedroom residence, boasting three rooms, combines timeless elegance with modern amenities. The ultra-modern kitchen and bath feature beautifully tiled floors, complemented by an open floor plan with a granite-topped kitchen-living room combo. High ceilings create an airy ambiance, & ample windows flood the space with natural light.Beautiful hardwood floors and intricate crown molding throughout. The kitchen is equipped with stainless steel appliances, including a refrigerator, stove, dishwasher, and microwave. The expansive courtyard, adorned with outdoor furniture, offers a perfect retreat,complete with evening bonfires.Convenience is key with one dedicated parking space, The condo fee covers heating, water and sewer, common area maintenance, snow removal, master insurance, and water/sewer expenses.3 year old furnace payed by association. Pride of ownership. Very Clean Building
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,854
Year Built
- Built in 1865
Lot Details
- Waterfront
- Near Conservation Area
HOA Fees
- $341 Monthly HOA Fees
Parking
- 1 Car Parking Space
Home Design
- Frame Construction
Interior Spaces
- 750 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Crown Molding
- Basement
- Laundry in Basement
Kitchen
- Range<<rangeHoodToken>>
- <<microwave>>
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 1 Bedroom
- Primary bedroom located on second floor
- 1 Full Bathroom
- <<tubWithShowerToken>>
Outdoor Features
- Courtyard
- Porch
Location
- Property is near public transit
- Property is near schools
Utilities
- No Cooling
- Forced Air Heating System
- 100 Amp Service
Listing and Financial Details
- Assessor Parcel Number 5039726
Community Details
Overview
- Association fees include heat, water, sewer, insurance, maintenance structure, ground maintenance, snow removal
- 4 Units
- Low-Rise Condominium
Amenities
- Medical Services
- Common Area
- Shops
- Coin Laundry
Recreation
- Marina
- Jogging Path
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 19, 2024
Closed on
Apr 5, 2024
Sold by
Frongillo Mary J
Bought by
Richard Christopher
Seller's Agent
Philip Consolo
Century 21 North East
Buyer's Agent
Philip Consolo
Century 21 North East
List Price
$329,900
Sold Price
$345,000
Premium/Discount to List
$15,100
4.58%
Views
69
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,536
Avg. Annual Appreciation
3.65%
Original Mortgage
$334,650
Outstanding Balance
$330,583
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$30,479
Purchase Details
Listed on
Apr 24, 2019
Closed on
Jul 29, 2019
Sold by
84 Nahant Street Llc
Bought by
Frongillo Mary J
Seller's Agent
Alison Socha
Leading Edge Real Estate
Buyer's Agent
Philip Consolo
Century 21 North East
List Price
$249,000
Sold Price
$270,000
Premium/Discount to List
$21,000
8.43%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.35%
Similar Homes in Lynn, MA
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Condominium Deed | $345,000 | None Available | |
| Condominium Deed | $345,000 | None Available | |
| Condominium Deed | $270,000 | -- | |
| Condominium Deed | $270,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $334,650 | Purchase Money Mortgage | |
| Closed | $334,650 | Purchase Money Mortgage | |
| Closed | $25,000 | Second Mortgage Made To Cover Down Payment | |
| Previous Owner | $56,000 | Stand Alone Refi Refinance Of Original Loan |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/10/2024 04/10/24 | Sold | $345,000 | +4.6% | $460 / Sq Ft |
| 02/27/2024 02/27/24 | Pending | -- | -- | -- |
| 02/19/2024 02/19/24 | For Sale | $329,900 | +22.2% | $440 / Sq Ft |
| 07/31/2019 07/31/19 | Sold | $270,000 | +8.4% | $360 / Sq Ft |
| 05/01/2019 05/01/19 | Pending | -- | -- | -- |
| 04/24/2019 04/24/19 | For Sale | $249,000 | -- | $332 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $3,934 | $379,700 | $0 | $379,700 |
| 2024 | $3,854 | $366,000 | $0 | $366,000 |
| 2023 | $3,254 | $291,800 | $0 | $291,800 |
| 2022 | $3,260 | $262,300 | $0 | $262,300 |
| 2021 | $3,373 | $258,900 | $0 | $258,900 |
| 2020 | $3,063 | $228,600 | $0 | $228,600 |
| 2019 | $3,043 | $212,800 | $0 | $212,800 |
Source: Public Records
Agents Affiliated with this Home
-
Philip Consolo
Seller's Agent in 2024
Philip Consolo
Century 21 North East
(781) 844-9973
3 in this area
48 Total Sales
-
Alison Socha
Seller's Agent in 2019
Alison Socha
Leading Edge Real Estate
(781) 983-9326
3 in this area
263 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73203528
APN: 081-576-010-002
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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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