$250,000
SOLD OCT 12, 2023

7 Central Square Unit 206 Lynn, MA 01901

Downtown Lynn Neighborhood
1 Bed
1 Bath
718 Sq Ft
$630/mo HOA Fee

Recently Sold

$348 Per Sq Ft

11% Below List Price

45 Days on Market

Highlights

  • 0.2 Acre Lot
  • 4-minute walk to Lynn
  • Forced Air Heating and Cooling System
  • Elevator
  • Intercom
  • 1-minute walk to Lynn Heritage State Park

About This Home

As of October 2023

Pay no condo fees for up to 24 months! With an impressive array of 12 windows, natural light cascades into every corner, illuminating the contemporary open-concept design. Step inside & be captivated by the spaciousness and endless possibilities this condo offers. The main living area boasts a seamless flow, ideal for both relaxation & entertaining. The kitchen is thoughtfully designed with ample counter space inviting culinary creativity. Adjacent to the living area is a walk-in closet, generously sized to accommodate your storage needs or transform into a private home office - currently, housing an additional bed to accommodate guests comfortably. One of the standout features of this loft is its prime location, situated just across the street from the commuter train station. Commuting to Boston has never been easier, while granting you seamless access to the Lynn’s vibrant energy and endless opportunities. Elevator building.

Last Agent to Sell the Property

Barbara Wales

Engel & Volkers Newton Listed on: 07/17/2023

Engel & Volkers Newton

Last Buyer's Agent

Jeffrey Brooks

Coldwell Banker Realty - Worcester

Coldwell Banker Realty - Worcester

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,382

Year Built

  • Built in 1903

HOA Fees

  • $630 Monthly HOA Fees

Interior Spaces

  • 718 Sq Ft Home
  • 1-Story Property
  • Intercom
  • Laundry on upper level

Kitchen

  • Range
  • Microwave
  • Dishwasher

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
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number M:082 B:624 L:010 S:020,4698842

Community Details

Overview

  • Association fees include water, sewer, insurance
  • 22 Units

Amenities

  • Laundry Facilities
  • Elevator

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,382

Year Built

Built in 1903

Lot Details

0

HOA Fees

$630 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Loft
  • Year Built: 1903
  • Buyer Agency: 2.0
  • Entry Level: 2
  • Transaction Broker: 1.0
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Microwave,Refrigerator
  • 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
  • Laundry Features: Second Floor, Common Area, In Building
  • Room Living Room Level: Second
  • Basement: N
  • Living Area: 718
  • Spa YN: No
  • Stories Total: 1
  • MAIN LO: AN4462
  • LIST PRICE PER Sq Ft: 389.97
  • PRICE PER Sq Ft: 348.19
  • MAIN SO: AN6181

Exterior Features

  • Home Warranty YN: No
  • Waterfront Features: Beach Front, Ocean, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Security Features: Intercom
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association Amenities: Laundry, Elevator(s)
  • Association Fee: 630.39
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Senior Community YN: No
  • UNIT BUILDING: 206
  • MANAGEMENT: Professional - Off Site
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance

Lot Info

  • Parcel Number: M:082 B:624 L:010 S:020,4698842
  • Zoning: CBD
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Size Sq Ft: 8540
  • Lot Size Units: Acres
  • PAGE: 332
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2382
  • Tax Book Number: 37482

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2023
Closed on
Oct 12, 2023
Sold by
Garcia-Beltran Wilfredo F
Bought by
Alzate Gildardo and Peralta Yihara I
Seller's Agent
Julie Joseph
RE/MAX 360
Buyer's Agent
Julie Joseph
RE/MAX 360
Sold Price
$2,200
Views
37
Current Estimated Value
$277,790

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$275,590
Avg. Annual Appreciation
3.20%
Original Mortgage
$187,500
Interest Rate
7.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Feb 18, 2019
Closed on
Apr 26, 2019
Sold by
7 Central Square Llc
Bought by
Garcia-Beltran Wilfredo F
Seller's Agent
Sima Rotenberg
William Raveis R.E. & Home Services
Buyer's Agent
Ariel Tarr
eXp Realty
List Price
$189,900
Sold Price
$170,000
Premium/Discount to List
-$19,900
-10.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.05%
Original Mortgage
$136,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2008
Sold by
Central Square Rt and Grigsby
Bought by
Congress St Boston Llc
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Condominium Deed $250,000 None Available
Condominium Deed $250,000 None Available
Condominium Deed $170,000 --
Condominium Deed $170,000 --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $193,000 Adjustable Rate Mortgage/ARM
Closed $187,500 Purchase Money Mortgage
Previous Owner $134,872 Stand Alone Refi Refinance Of Original Loan
Previous Owner $136,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2023 12/02/23 Rented $2,200 0.0% --
11/04/2023 11/04/23 For Rent $2,200 0.0% --
10/12/2023 10/12/23 Sold $250,000 -10.7% $348 / Sq Ft
09/01/2023 09/01/23 Pending -- -- --
08/16/2023 08/16/23 For Sale $280,000 +12.0% $390 / Sq Ft
08/07/2023 08/07/23 Off Market $250,000 -- --
07/17/2023 07/17/23 For Sale $280,000 +64.7% $390 / Sq Ft
05/01/2019 05/01/19 Sold $170,000 -2.8% $237 / Sq Ft
04/02/2019 04/02/19 Pending -- -- --
03/20/2019 03/20/19 Price Changed $174,900 -7.9% $244 / Sq Ft
02/18/2019 02/18/19 For Sale $189,900 -- $264 / 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 $2,704 $261,000 $0 $261,000
2024 $2,698 $256,200 $0 $256,200
2023 $2,382 $213,600 $0 $213,600
2022 $2,347 $188,800 $0 $188,800
2021 $2,825 $216,800 $0 $216,800
2020 $2,764 $206,300 $0 $206,300
2019 $3,119 $218,100 $0 $218,100
2018 $1,973 $129,300 $0 $129,300
2017 $1,911 $122,500 $0 $122,500
2016 $1,668 $103,100 $0 $103,100
2015 $1,638 $97,800 $0 $97,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73137185

MLS Property Information Network (MLS PIN)

APN: LYNN-000082-000624-000010-000020-000020