NOT LISTED FOR SALE

31 Ocean St Unit 2 Lynn, MA 01902

Diamond District Neighborhood

Estimated Value: $390,000 - $440,000

2 Beds
1 Bath
1,210 Sq Ft
6,534 Sq Ft Lot

Last Sold April 01, 2016

Last sale price $189,900 $157 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $2,560/month

14 Days on Market

About This Home

As of April 2016

Nice, freshly painted 2nd floor two bedroom unit in quiet building. New flooring and tile in bathroom. Detached garage for one car or storage. Great option for the first time home-buyer! Seller will entertain offers from owner-occupant buyers only through 2/19/16. Investor offers will be considered starting on 2/20/16. Seller addendums and certified funds for full deposit required w/P&S. No changes allowed to P&S. Sold AS-IS. Home inspection to be done AFTER fully executed P&S and for buyer information only.

Last Listed By

Stephen Matthews

Schruender Realty Listed on: 01/30/2016

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,550

Year Built

1900

Lot Details

0

Listing Details

  • Unit Level: 2
  • Unit Placement: Middle, Front
  • Property Type: Condominium/Co-Op
  • Other Agent: 2.50
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1900

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator
  • Has Basement: Yes
  • Number of Rooms: 5
  • Electric: Circuit Breakers
  • Flooring: Vinyl, Laminate, Hardwood
  • Bedroom 2: Second Floor
  • Bathroom #1: Second Floor
  • Kitchen: Second Floor
  • Laundry Room: Basement
  • Living Room: Second Floor
  • Master Bedroom: Second Floor
  • Family Room: Second Floor
  • No Living Levels: 1

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior Unit Features: Porch
  • Beach Ownership: Public
  • Waterview Flag: Yes

Garage/Parking

  • Garage Parking: Detached
  • Garage Spaces: 1
  • Parking Spaces: 0

Utilities

  • Heating: Oil
  • Heat Zones: 1
  • Hot Water: Tank
  • Utility Connections: for Gas Range
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Condominium Name: 31 Ocean St Condominium
  • Association Fee Includes: Heat, Water, Sewer, Master Insurance
  • Management: Owner Association
  • Pets Allowed: Unknown
  • No Units: 3
  • Unit Building: 2

Fee Information

  • Fee Interval: Monthly

Lot Info

  • Assessor Parcel Number: M:102 B:551 L:011 S:002
  • Zoning: R1

Multi Family

  • Waterview: Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2016
Closed on
Apr 1, 2016
Sold by
Fhlmc
Bought by
Lyons Katherine
Seller's Agent
Stephen Matthews
Schruender Realty
Buyer's Agent
Colleen Toner
Toner Real Estate, LLC
List Price
$184,900
Sold Price
$189,900
Premium/Discount to List
$5,000
2.7%
Total Days on Market
14
Current Estimated Value
$408,322

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$218,422
Avg. Annual Appreciation
8.88%
Original Mortgage
$180,405
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 2, 2015
Sold by
Hilton Rachel and Hilton Joshua
Bought by
Fhlmc

Purchase Details

Closed on
Jan 27, 2006
Sold by
Manson Carol A and Manson John B
Bought by
Hilton Joshua and Hilton Rachel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
6.34%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 22, 1992
Sold by
Ravndal Donna J and Foley Dona J
Bought by
Manson John

Range of Values:

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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
Lyons Katherine $189,900 --
Fhlmc $157,513 --
Fhlmc $157,513 --
Hilton Joshua $230,000 --
Hilton Joshua $230,000 --
Manson John $91,000 --
Manson John $91,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lyons Katherine $200,000
Closed Lyons Katherine $180,405
Previous Owner Manson John $184,000
Previous Owner Manson John $23,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2016 04/01/16 Sold $189,900 +2.7% $157 / Sq Ft
02/13/2016 02/13/16 Pending -- -- --
01/30/2016 01/30/16 For Sale $184,900 -- $153 / 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 $3,550 $342,700 $0 $342,700
2024 $3,871 $367,600 $0 $367,600
2023 $3,430 $307,600 $0 $307,600
2022 $3,129 $251,700 $0 $251,700
2021 $3,102 $238,100 $0 $238,100
2020 $2,983 $222,600 $0 $222,600
2019 $2,963 $207,200 $0 $207,200
2018 $3,342 $235,400 $0 $235,400
2017 $3,334 $213,700 $0 $213,700
2016 $3,302 $204,100 $0 $204,100
2015 $3,003 $179,300 $0 $179,300
Source: Public Records

Agents Affiliated with this Home

  • Stephen Matthews

    Seller's Agent in 2016

    Stephen Matthews

    Schruender Realty

    (978) 476-3655

    40 Total Sales

    Stephen Matthews
    Section Image
  • Colleen Toner

    Buyer's Agent in 2016

    Colleen Toner

    Toner Real Estate, LLC

    (617) 438-7878

    7 in this area

    169 Total Sales

    Colleen Toner
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71954107

MLS Property Information Network (MLS PIN)

APN: LYNN-000102-000551-000011-000002-000002

Massachusetts Essex County Lynn 01902 Diamond District

31 Ocean St Unit 2, Lynn, MA

Homes for Sale in Lynn, MA

This home is located at 31 Ocean St Unit 2, Lynn, MA 01902 since 30 January 2016 and is currently estimated at $408,322, approximately $337 per square foot. This property was built in 1900. 31 Ocean St Unit 2 is a home located in Essex County with nearby schools including Brickett Elementary School, William R. Fallon School, and Marshall Middle School.

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