NOT LISTED FOR SALE

7 Central Square Unit 303 Lynn, MA 01901

Downtown Lynn Neighborhood

Estimated Value: $311,000 - $335,000

2 Beds
1 Bath
873 Sq Ft
$530/mo HOA Fee

Last Sold January 10, 2024

Last sale price $315,000 $361 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,580/month

22 Days on Market

Highlights

  • Medical Services
  • 4-minute walk to Lynn
  • Property is near public transit
  • 0.2 Acre Lot
  • Open Floorplan
  • 1-minute walk to Lynn Heritage State Park

About This Home

As of January 2024

Step into your urban sanctuary in downtown Lynn, MA! This captivating 2-bed, 1-bath condo is the epitome of modern living. With an open layout, high ceilings, and ample natural light, it's perfect for individuals and families. What truly sets this condo apart is its prime location. Walk to local shops and savor meals at nearby restaurants. Direct access to public transportation ensures you won't miss the city's vibrant rhythm. This is where city life and tranquility meet. Don't miss this extraordinary opportunity to call this condo your urban dream home!

Last Agent to Sell the Property

The Reference Group

Reference Real Estate Listed on: 11/09/2023

Co-Listed By

Seth Williams

Reference Real Estate

Last Buyer's Agent

Connie White

Keller Williams Realty Signature Properties

Keller Williams Realty Signature Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,716

Year Built

  • Built in 1903

Lot Details

  • 8,712

HOA Fees

  • $530 Monthly HOA Fees

Home Design

  • Rubber Roof
  • Stone

Interior Spaces

  • 873 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Recessed Lighting
  • Light Fixtures
  • Bay Window
  • Intercom
  • Laundry on main level

Kitchen

  • Stove
  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Stone
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Parking

  • On-Street Parking
  • Open Parking

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Harrington Elementary School
  • Marshall Middle School
  • Classical High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number M:082 B:624 L:010 S:009,4680890

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, snow removal, trash
  • 22 Units
  • Mid-Rise Condominium
  • Lofts At Central Square Condominiums Community

Amenities

  • Medical Services
  • Shops
  • Coin Laundry
  • Elevator

Recreation

  • Park

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,716

Year Built

Built in 1903

Lot Details

0

HOA Fees

$530 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Mid-Rise
  • Year Built: 1903
  • Buyer Agency: 2
  • Entry Level: 3
  • Transaction Broker: 0
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Carpet, Hardwood, Stone / Slate
  • Entry Location: Unit Placement(Upper)
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Disposal,Microwave,Refrigerator,Freezer, Utility Connections for Gas Range
  • Total Bedrooms: 2
  • Room Bedroom2 Level: First
  • Room Bedroom2 Features: Closet, Flooring - Wall to Wall Carpet, Window(s) - Bay/Bow/Box, Recessed Lighting
  • Room Bedroom2 Area: 144
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Closet, Flooring - Wall to Wall Carpet, Window(s) - Bay/Bow/Box, Recessed Lighting
  • Room Master Bedroom Level: First
  • Room Master Bedroom Area: 170
  • Master Bathroom Features: No
  • Bathroom 1 Area: 45
  • Bathroom 1 Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Lighting - Overhead
  • Bathroom 1 Level: First
  • Room Dining Room Features: Flooring - Hardwood, Window(s) - Bay/Bow/Box, Recessed Lighting
  • Room Dining Room Level: First
  • Room Dining Room Area: 143
  • Room Kitchen Level: Main,First
  • Room Kitchen Features: Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Open Floorplan, Recessed Lighting, Gas Stove
  • Room Kitchen Area: 72
  • Laundry Features: First Floor, In Building
  • Room Living Room Level: First
  • Room Living Room Area: 252
  • Room Living Room Features: Flooring - Hardwood, Window(s) - Bay/Bow/Box, Recessed Lighting
  • Basement: N
  • Living Area: 873
  • Other Equipment: Intercom
  • Spa YN: No
  • Stories Total: 1
  • MAIN LO: AN6899
  • LIST PRICE PER Sq Ft: 343.53
  • PRICE PER Sq Ft: 360.82
  • MAIN SO: AN2693
  • Insulation: Full

Exterior Features

  • Construction Materials: Stone
  • Home Warranty YN: No
  • Roof: Rubber
  • Waterfront Features: Beach Front, Ocean, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: On Street

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Cooling Y N: Yes
  • Electric: 100 Amp Service
  • Heating YN: Yes
  • Security Features: Intercom
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Laundry, Elevator(s)
  • Association Fee: 530.45
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station
  • Senior Community YN: No
  • UNIT BUILDING: 303
  • MANAGEMENT: Owner Association
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Parcel Number: M:082 B:624 L:010 S:009,4680890
  • 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
  • Property Attached YN: Yes
  • PAGE: 328
  • OUTDOOR SPACE AVAILABLE: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2716
  • Tax Book Number: 40050

Multi Family

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

MLS Schools

  • High School: Classical
  • Elementary School: Harrington
  • Middle Or Junior School: Marshall

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2007
Sold by
Central Square Rt and Grigsby
Bought by
Albaum Seth
Current Estimated Value
$324,798

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,800
Interest Rate
6.27%
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
Albaum Seth $188,500 --
Albaum Seth $188,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kuzunoha Jin $321,772
Closed Kuzunoha Jin $321,772
Closed Albaum Seth $50,100
Closed Albaum Seth $135,800
Closed Albaum Seth $150,800
Closed Albaum Seth $37,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2024 01/10/24 Sold $315,000 +5.0% $361 / Sq Ft
12/02/2023 12/02/23 Pending -- -- --
11/30/2023 11/30/23 Price Changed $299,900 -3.2% $344 / Sq Ft
11/09/2023 11/09/23 For Sale $309,900 +24.0% $355 / Sq Ft
07/02/2021 07/02/21 Sold $250,000 0.0% $298 / Sq Ft
06/05/2021 06/05/21 Pending -- -- --
06/02/2021 06/02/21 For Sale $249,900 -- $298 / 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 $3,066 $295,900 $0 $295,900
2024 $2,948 $280,000 $0 $280,000
2023 $2,716 $243,600 $0 $243,600
2022 $2,475 $199,100 $0 $199,100
2021 $2,800 $214,900 $0 $214,900
2020 $2,644 $197,300 $0 $197,300
2019 $2,770 $193,700 $0 $193,700
2018 $2,527 $165,800 $0 $165,800
2017 $2,445 $156,700 $0 $156,700
2016 $2,124 $131,300 $0 $131,300
2015 $2,089 $124,700 $0 $124,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73179062

MLS Property Information Network (MLS PIN)

APN: LYNN-000082-000624-000010-000009-000009