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254 Ocean St

Lynn, MA 01902

1 bd 1 ba 824 sqft Built 1900 condos
Most recent sale
$260,000
Mar 31, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 31, 2022 Sold $260,000 MLS #72930179
Mar 12, 2022 Relisted $249,000 MLS #72930179
Jan 15, 2022 Listing removed $249,000 MLSPIN
Dec 30, 2021 Listed $249,000 MLS #72930179
Nov 7, 2019 Sold $199,000 MLS #72568931
Feb 26, 2004 Sold $145,000 Public Record
May 4, 2001 Sold $107,500 Public Record
Aug 1, 1980 Sold $40,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $265,200 $265,200 $2,747
2024 $249,500 $249,500 $2,627
2023 $224,800 $224,800 $2,507
2022 $201,900 $201,900 $2,510
2021 $191,300 $191,300 $2,493
2020 $187,600 $187,600 $2,514
2019 $174,700 $174,700 $2,498
2018 $147,700 $147,700 $2,238
2017 $133,400 $133,400 $2,081
2016 $119,800 $119,800 $1,938
2015 $105,200 $105,200 $1,762
2014 $102,300 $102,300 $1,752
2006 $169,100 $169,100 $1,681
2005 $178,000 $178,000 $1,812
2004 $159,700 $159,700 $1,825
2003 $134,400 $134,400 $1,775

Property facts

Year built
1900
Property type
condos
Stories
Beds
1
Baths
1
Living area
824 sqft
Lot size
ZIP code
01902
City
Lynn
Street
Ocean St
Coordinates
42.46105, -70.93443

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,390
Gross rental yield
11.03%
Implied cap rate
7.17%
Trend-extrapolated value

Frequently asked questions

When did 254 Ocean St last sell?
254 Ocean St most recently sold on Mar 31, 2022 for $260,000.
What is the current tax assessment for 254 Ocean St?
The most recent total assessment for 254 Ocean St (year 2025) is $265,200 with $2,747 in property tax.
How does 254 Ocean St's assessment compare to its last sale price?
The current assessment is 2.0% above the last sale price of $260,000.
When was 254 Ocean St built?
254 Ocean St was built in 1900.
How does 254 Ocean St compare to others on Ocean St?
We track 8 other properties on Ocean St. Browse the list under "Other properties on Ocean St" to compare beds, baths, and sale history.
What are the property facts for 254 Ocean St?
254 Ocean St is a 1 bed, 1 bath, 824 sqft condos.
Is 254 Ocean St a flip candidate?
No — 254 Ocean St does not appear in our flips dataset.
Is 254 Ocean St a tax-appeal candidate?
No — 254 Ocean St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-7.3%
Implied 1-yr
-29.1%
2026 Q1
$258.1K
2026 Q2
$222.5K
ZIP 01902 — Median Price History + Forecast

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