NOT LISTED FOR SALE

40 Central Square Lynn, MA 01901

Downtown Lynn Neighborhood
0.5 Acre
-- Price per Acre
21,780 Sq Ft Lot

Last Sold April 01, 2020

Last sale price $3,400,000

90 Days on Market

About This Lot

As of April 2020

40 Central Square is a 21,590 square foot transit-oriented development parcel in downtown Lynn, Massachusetts. The site is located in the heart of the city and within an Opportunity Zone, offering compelling tax benefits to investors. Additionally, 40 Central Square is located within Lynn's Central Business District, which has attractive zoning that allows for multifamily development by special permit or office/retail/hospitality by-right. The site is currently comprised of a parking lot and 8,500 square foot office building built in 1930. It is located directly across from the Central Square MBTA Commuter Rail Station, providing access to downtown Boston in just 20 minutes.

Last Agent to Sell the Property

Chris Sower

Cushman & Wakefield Listed on: 10/29/2019

Last Buyer's Agent

Chris Sower

Cushman & Wakefield Listed on: 10/29/2019

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Comp Based On: Gross/Full Sale Price
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Main Lo: AC2397
  • Main So: AC2397

Exterior Features

  • Beachfront Flag: Yes

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Conservation Area, Highway Access, House Of Worship, Marina, Public School, T-Station, University

Lot Info

  • Assessments: 99.00
  • Zoning: 99
  • Acre: 0.50
  • Lot Size: 21590.00
  • Lots And Land Type: Residential
  • Page: 99
  • Zone Usage: Multi-Family

Tax Info

  • Taxes: 99.00
  • Assessor Parcel Number: 2003416

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2020 04/01/20 Sold $3,400,000 +13.3% --
01/27/2020 01/27/20 Pending -- -- --
10/29/2019 10/29/19 For Sale $3,000,000 -- --
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Chris Sower

    Seller's Agent in 2020

    Chris Sower

    Cushman & Wakefield

    (617) 204-4134

    40 Total Sales

    Chris Sower
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72586072

MLS Property Information Network (MLS PIN)
Massachusetts Essex County Lynn 01901 Downtown Lynn

40 Central Square, Lynn, MA

This home is located at 40 Central Square, Lynn, MA 01901 since 29 October 2019. 40 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) 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.

Nearby Homes