25 Central Square Lynn, MA 01901
Downtown Lynn NeighborhoodEstimated Value: $1,205,773
Studio
1
Bath
2,400
Sq Ft
$502/Sq Ft
Est. Value
About This Home
This home is located at 25 Central Square, Lynn, MA 01901 and is currently estimated at $1,205,773, approximately $502 per square foot. 25 Central Square is a home located in Essex County with nearby schools including E.J. Harrington School, William R. Fallon School, and Fecteau-Leary Junior/Senior High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 28, 2022
Sold by
Meija Carlos
Bought by
25-31 Central Square Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$715,000
Outstanding Balance
$658,575
Interest Rate
3.22%
Mortgage Type
Commercial
Estimated Equity
$566,059
Purchase Details
Closed on
Dec 21, 2017
Sold by
Olson Brothers Realty
Bought by
Mejii Carlos
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$624,000
Interest Rate
3.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 23, 2004
Sold by
Mayo Two Llc
Bought by
Olson Brothers Rlty Ll
Purchase Details
Closed on
Jul 28, 2003
Sold by
Economic Dev & Industr
Bought by
Mayo Two Llc
Purchase Details
Closed on
Jan 8, 2003
Sold by
Lynn City
Bought by
Economic Dev & Industr
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 25-31 Central Square Llc | $1,010,000 | None Available | |
| 25-31 Central Square Llc | $1,010,000 | None Available | |
| Mejii Carlos | $800,000 | -- | |
| Mejii Carlos | $800,000 | -- | |
| Olson Brothers Rlty Ll | $400,000 | -- | |
| Olson Brothers Rlty Ll | $400,000 | -- | |
| Mayo Two Llc | $50,000 | -- | |
| Mayo Two Llc | $50,000 | -- | |
| Economic Dev & Industr | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 25-31 Central Square Llc | $715,000 | |
| Closed | 25-31 Central Square Llc | $715,000 | |
| Previous Owner | Mejii Carlos | $624,000 | |
| Previous Owner | Economic Dev & Industr | $380,000 | |
| Previous Owner | Economic Dev & Industr | $275,000 |
Source: Public Records
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 | $25,542 | $1,286,100 | $243,800 | $1,042,300 |
| 2024 | $23,726 | $1,175,700 | $232,200 | $943,500 |
| 2023 | $23,067 | $1,080,400 | $214,500 | $865,900 |
| 2022 | $18,318 | $772,900 | $184,800 | $588,100 |
| 2021 | $19,338 | $772,900 | $184,800 | $588,100 |
| 2020 | $19,423 | $750,800 | $184,800 | $566,000 |
| 2019 | $18,079 | $654,800 | $147,800 | $507,000 |
| 2018 | $13,067 | $443,700 | $116,300 | $327,400 |
| 2017 | $13,538 | $441,400 | $113,700 | $327,700 |
| 2016 | $13,609 | $424,500 | $109,300 | $315,200 |
| 2015 | $14,255 | $424,500 | $109,300 | $315,200 |
Source: Public Records
Map
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