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8 Ocean View Ter; Lynn, MA Property Details

8 Ocean View Ter, Lynn, MA is a Single Family that was built in 1950. This property is currently Financed and is not for sale. Our records show that 8 Ocean View Ter has 3 bedrooms, and 1.5 bathrooms, and a total of 1,401 square feet. The lot size of 8 Ocean View Ter is 5,950 square feet.

Off market
8 Ocean View Ter Lynn, MA 01902
$595,000 Listing Price
3 Beds
1.5 Baths
1,401 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1950
  • Purchase Price: $595,000
  • Open Loans / Balance: 1 / $509,153
  • Est. Equity / %: $165,847 / 24.57%
  • Gross Yield: 5.57%
  • APN: LYNN M:081 B:577 L:017
  • Situs County: Essex
  • Length Of Ownership: 3 years, 7 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 6
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 1
  • Exterior Wall Type: Wood Siding
  • Building Condition: Average
  • Roof Type: Hip
  • Roof Cover Type: Asphalt

Measurements

  • Total: 1,401/SqFt
  • Lot: 5,950/SqFt
  • Gross: 3,254/SqFt
  • Living: 1,401/SqFt
  • Basement: 1,401/SqFt
  • Building: 1,401/SqFt
  • Basement Unfinished: 1,401/SqFt
  • Price Per Square Foot: $424.70
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Lynn School District
  • Lat / Lon: 42.461704 / -70.93452
  • Property Class: Residential
  • Zoning: R2
  • County Use Code: 101

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 3216
  • Fireplaces: 1
  • Heating: Hot Water

Ownership Info

8 Ocean View Ter has no associated ownership info
8 Ocean View Ter has no associated ownership info.

Taxes

8 Ocean View Ter has 9 associated Taxes items

8 Ocean View Ter, Lynn, MA pays taxes in Essex County, MA. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $587,900. The APN we've located for 8 Ocean View Ter is LYNN M:081 B:577 L:017.

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Taxes
  • Assessed Value:  $587,900
  • Assessed Year:  2025
  • Assessed County:  Essex
  • APN:  LYNN M:081 B:577 L:017
  • Assessed Land Value:  224200
  • Tax Amount:  6091
  • Tax Year:  2025
  • Market Value:  658540
  • Market Year:  2025

Tax History

8 Ocean View Ter has 11 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $587,900 Land Value $224,200 Improvement Value $363,700 Tax Amount $6,091 Change Rate +0.021123% Assessed CR Tax Rate +0.010361%
Year 2024 Assessed Value $566,500 Land Value $237,600 Improvement Value $328,900 Tax Amount $5,965 Change Rate +0.04741% Assessed CR Tax Rate +0.01053%
Year 2023 Assessed Value $510,800 Land Value $220,200 Improvement Value $290,600 Tax Amount $5,695 Change Rate +0.090787% Assessed CR Tax Rate +0.011149%
Year 2022 Assessed Value $420,000 Land Value $175,300 Improvement Value $244,700 Tax Amount $5,221 Change Rate +0.015364% Assessed CR Tax Rate +0.012431%
Year 2021 Assessed Value $394,600 Land Value $172,100 Improvement Value $222,500 Tax Amount $5,142 Change Rate +0.022994% Assessed CR Tax Rate +0.013031%
Year 2020 Assessed Value $369,200 Land Value $154,100 Improvement Value $215,100 Tax Amount $5,026.42 Change Rate +0.063682% Assessed CR Tax Rate +0.013614%
Year 2019 Assessed Value $346,900 Land Value $149,600 Improvement Value $197,300 Tax Amount $4,725.49 Change Rate +0.018313% Assessed CR Tax Rate +0.013622%
Year 2018 Assessed Value $310,500 Land Value $139,800 Improvement Value $170,700 Tax Amount $4,640.51 Change Rate +0.006618% Assessed CR Tax Rate +0.014945%
Year 2017 Assessed Value $295,500 Land Value $133,000 Improvement Value $162,500 Tax Amount $4,610 Change Rate +0.026726% Assessed CR Tax Rate +0.015601%
Year 2016 Assessed Value $277,500 Land Value $130,300 Improvement Value $147,200 Tax Amount $4,490 Change Rate +0.042973% Assessed CR Tax Rate +0.01618%
Year 2015 Assessed Value $257,000 Land Value $128,100 Improvement Value $128,900 Tax Amount $4,305 Change Rate Assessed CR Tax Rate +0.016751%