NOT LISTED FOR SALE

7 Central Square Unit 202 Lynn, MA 01901

Downtown Lynn Neighborhood

Estimated Value: $241,000 - $280,000

1 Bed
1 Bath
618 Sq Ft
$331/mo HOA Fee

Last Sold July 07, 2023

Last sale price $249,900 $404 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,985/month

38 Days on Market

Highlights

  • Property is near public transit
  • 4-minute walk to Lynn
  • Walking Distance to Water
  • Jogging Path
  • Elevator
  • 1-minute walk to Lynn Heritage State Park

About This Home

As of July 2023

Unique loft style condo located in the heart of Central Square and only steps to the Commuter Rail! Features include open loft style floor plan with high ceilings, hardwood floors, large bedroom and tall windows. This unit could be great for an owner occupant or investor. Professionally managed condo association.

Last Agent to Sell the Property

Valvel Temin

Rise Signature Homes Listed on: 03/30/2023

Last Buyer's Agent

Valvel Temin

Rise Signature Homes Listed on: 03/30/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,373

Year Built

  • Built in 1890

Lot Details

  • 8,538

HOA Fees

  • $331 Monthly HOA Fees

Interior Spaces

  • 618 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom
  • Primary bedroom located on second floor
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • 1 Cooling Zone
  • 1 Heating Zone

Additional Features

  • Walking Distance to Water
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 4639428

Community Details

Overview

  • Association fees include water, sewer, maintenance structure, ground maintenance, snow removal, trash
  • 22 Units
  • Mid-Rise Condominium

Amenities

  • Laundry Facilities
  • Elevator

Recreation

  • Jogging Path

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,373

Year Built

Built in 1890

Lot Details

0

HOA Fees

$331 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Mid-Rise
  • Year Built: 1890
  • Buyer Agency: 2
  • Entry Level: 2
  • Transaction Broker: 1
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Entry Location: Unit Placement(Garden)
  • Fireplace YN: No
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Level: Second
  • Bathroom 1 Level: Second
  • Room Kitchen Level: Second
  • Room Living Room Level: Second
  • Basement: N
  • Living Area: 618
  • Spa YN: No
  • Stories Total: 1
  • MAIN LO: AN4224
  • LIST PRICE PER Sq Ft: 404.37
  • PRICE PER Sq Ft: 404.37
  • MAIN SO: AN4224

Exterior Features

  • Home Warranty YN: No
  • Waterfront Features: Beach Front, Ocean, Walk to, 1/2 to 1 Mile To Beach
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association Amenities: Laundry, Elevator(s)
  • Association Fee: 331
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Walk/Jog Trails, T-Station
  • Senior Community YN: No
  • UNIT BUILDING: 202
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash

Lot Info

  • Parcel Number: 4639428
  • Zoning: CBD
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • PAGE: 189
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2373
  • Tax Book Number: 29884

Multi Family

  • Number Of Units Total: 22
  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2023
Closed on
Jul 7, 2023
Sold by
Rizun Larisa
Bought by
Monroe Hana
Seller's Agent
Valvel Temin
Rise Signature Homes
Buyer's Agent
Valvel Temin
Rise Signature Homes
List Price
$249,900
Sold Price
$249,900
Views
247
Current Estimated Value
$263,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,650
Avg. Annual Appreciation
2.68%
Original Mortgage
$199,900
Outstanding Balance
$195,944
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$67,606

Purchase Details

Closed on
Oct 20, 2010
Sold by
Bank Of America Na
Bought by
Rizun Larisa

Purchase Details

Closed on
Jun 18, 2010
Sold by
Walker Brandi T and Bank Of America Na
Bought by
Bank Of America Na

Purchase Details

Closed on
Jun 22, 2006
Sold by
Central Square Rt and Grigsby
Bought by
Walker Brandi T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
6.59%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Monroe Hana $249,900 None Available
Monroe Hana $249,900 None Available
Rizun Larisa $50,000 --
Rizun Larisa $50,000 --
Bank Of America Na $92,250 --
Bank Of America Na $92,250 --
Walker Brandi T $155,000 --
Walker Brandi T $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Monroe Hana $199,900
Closed Monroe Hana $199,900
Previous Owner Walker Brandi T $155,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2023 07/07/23 Sold $249,900 0.0% $404 / Sq Ft
05/08/2023 05/08/23 Pending -- -- --
03/30/2023 03/30/23 For Sale $249,900 -- $404 / 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 $2,386 $230,300 $0 $230,300
2024 $2,383 $226,300 $0 $226,300
2023 $2,373 $212,800 $0 $212,800
2022 $2,344 $188,600 $0 $188,600
2021 $2,481 $190,400 $0 $190,400
2020 $2,429 $181,300 $0 $181,300
2019 $2,738 $191,500 $0 $191,500
2018 $1,723 $113,700 $0 $113,700
2017 $1,685 $108,000 $0 $108,000
2016 $1,477 $91,300 $0 $91,300
2015 $1,454 $86,800 $0 $86,800
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2023

    Valvel Temin

    Rise Signature Homes

    (617) 784-5998

    1 in this area

    6 Total Sales

    Valvel Temin
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73093543

MLS Property Information Network (MLS PIN)

APN: LYNN-000082-000624-000010-000004-000004

Massachusetts Essex County Lynn 01901 Downtown Lynn

7 Central Square Unit 202, Lynn, MA

This home is located at 7 Central Square Unit 202, Lynn, MA 01901 since 30 March 2023 and is currently estimated at $263,550, approximately $426 per square foot. This property was built in 1890. 7 Central Square Unit 202 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.

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