281 Ocean St Unit 2 Lynn, MA 01902
Diamond District Neighborhood
1
Bed
1
Bath
750
Sq Ft
$281/mo
HOA Fee
Highlights
- Medical Services
- 0.4 Acre Lot
- Wood Flooring
- Waterfront
- Property is near public transit
- 4-minute walk to Lynn Beach
About This Home
As of April 2024Lucian Newhall House condo listed on the National Register of Historic Places! It is the stately Gateway to the Diamond District and with nearby beaches, train, bus, T and restaurants, this beauty will surely please. The facade, a fantastic example of the French Second Empire period, offers rich architectural detail that continues inside, with this home boasting soaring 11’ ceilings and beautiful details, which are seamlessly blended into the open concept living area. Hardwood flrs and deep crown moldings adorn the living spaces, bathed in gorgeous sunlight. The kitchen with dining area boasts original curved mahogany woodwork in the bay and the kitchen aesthetic pays homage, while also including granite counters and stainless appliances, and the living room features scale to create multi-functional areas. Enclosed garden oasis is an escape. Walk to Central Square to enjoy Lynn’s thriving dining scene, plus the commuter rail. Detail and location make this a dream for workday & weekend!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,134
Year Built
- Built in 1865
Lot Details
- Waterfront
- Garden
HOA Fees
- $281 Monthly HOA Fees
Home Design
- Garden Home
- Frame Construction
- Shingle Roof
- Slate Roof
- Rubber Roof
Interior Spaces
- 750 Sq Ft Home
- 1-Story Property
- Laundry in Basement
Kitchen
- Breakfast Bar
- Range<<rangeHoodToken>>
- <<microwave>>
- Dishwasher
- Stainless Steel Appliances
- Solid Surface Countertops
- Disposal
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 1 Bedroom
- Primary bedroom located on second floor
- 1 Full Bathroom
- <<tubWithShowerToken>>
Parking
- 1 Car Parking Space
- Off-Street Parking
- Assigned Parking
Outdoor Features
- Walking Distance to Water
- Patio
Location
- Property is near public transit
- Property is near schools
Schools
- Harrington Elementary School
- Marshall Middle School
- Lynn English High School
Utilities
- No Cooling
- Heating System Uses Natural Gas
- Hot Water Heating System
- Electric Water Heater
Listing and Financial Details
- Legal Lot and Block 010 / 576
- Assessor Parcel Number 5039726
Community Details
Overview
- Association fees include heat, gas, water, sewer, insurance, ground maintenance, reserve funds
- 4 Units
- 281 Ocean Street Condominiums Community
Amenities
- Medical Services
- Community Garden
- Common Area
- Shops
- Coin Laundry
Recreation
- Tennis Courts
- Park
- Jogging Path
- Bike Trail
Pet Policy
- No Pets Allowed
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
Create a Home Valuation Report for This Property
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: 72487646
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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