$250,000
SOLD JUL 2, 2021

7 Central Square Unit 303 Lynn, MA 01901

Downtown Lynn Neighborhood
2 Beds
1 Bath
840 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$298 Per Sq Ft

3 Days on Market

Highlights

  • Central Heating and Cooling System
  • 4-minute walk to Lynn
  • 1-minute walk to Lynn Heritage State Park

About This Home

As of January 2024

This is your chance to own this move-in ready 2 bedroom condo in the heart of the Downtown Lynn Cultural District! This unit features a bright and open floor plan, high ceilings, central air and more. There are 2 good sized bedrooms and an updated kitchen. Pet friendly building, there is also laundry (free!) located on each floor. Amazing location in the center of downtown...close to all the local shops/restaurants as well as the burgeoning Lynn arts scene! Add in the fact that its only a short trip to the beach and beautiful Lynn Shore Drive, this location really can't be beat. Lynn Woods and its walking trails and natural reservoir are only a few miles away. Less than 10 miles to Logan, and also located directly across the street from the Commuter Rail with only 2 stops to North Station...this is a commuter's dream. Very affordable garage parking is available at the T stop. Don't miss out!!

Last Agent to Sell the Property

Scanlon Real Estate Team

eXp Realty Listed on: 06/02/2021

eXp Realty

Co-Listed By

Patrick Scanlon

eXp Realty

Last Buyer's Agent

The Reference Group

Reference Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,066

Year Built

  • Built in 1903

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,066

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Mid-Rise
  • Other Agent: 1.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 297.50
  • Comp Based On: Net Sale Price
  • Year Built: 1903
  • Lead Paint: Unknown
  • Unit Building: 303
  • Unit Level: 3
  • Unit Placement: Middle
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1903

Interior Features

  • No Bedrooms: 2
  • Full Bathrooms: 1
  • No Rooms: 4
  • No Living Levels: 5
  • Main Lo: AC0342
  • Main So: AN4847
  • Estimated Sq Ft: 840.00

Exterior Features

  • Beachfront Flag: Yes
  • Construction: Brick
  • Roof Material: Rubber
  • Exterior: Brick

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Cooling: Central Air
  • Cooling Zones: 1
  • Heating: Central Heat
  • Heat Zones: 1
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping
  • HOA Fees: 489.51
  • Association Fee Includes: Water, Sewer, Master Insurance, Laundry Facilities, Refuse Removal
  • Condo Association: Yes
  • Management: Professional - Off Site

Association/Amenities

  • Condominium Name: 7 Central Square Lofts

Lot Info

  • Assessments: 214900.00
  • Page: 307
  • Zoning: RES

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Taxes: 2800.10
  • Assessor Parcel Number: 4698843
  • Tax Year: 2021

Multi Family

  • No Units: 22
  • No Units Owner Occ: 14

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

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Range of Values:

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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
Deed $188,500 --
Deed $188,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $321,772 Purchase Money Mortgage
Closed $321,772 Purchase Money Mortgage
Closed $50,100 Credit Line Revolving
Closed $135,800 Stand Alone Refi Refinance Of Original Loan
Closed $150,800 Purchase Money Mortgage
Closed $37,700 No Value Available
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: 72841871

MLS Property Information Network (MLS PIN)

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