NOT LISTED FOR SALE

7 Central Square Unit 304 Lynn, MA 01901

Downtown Lynn Neighborhood

Estimated Value: $328,000 - $412,000

2 Beds
1 Bath
1,085 Sq Ft
$496/mo HOA Fee

Last Sold March 28, 2023

Last sale price $319,900 $295 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,693/month

6 Days on Market

Highlights

  • Medical Services
  • 4-minute walk to Lynn
  • Solid Surface Countertops
  • Open Floorplan
  • Property is near public transit
  • 1-minute walk to Lynn Heritage State Park

About This Home

As of March 2023

A COMMUTERS DREAM!!! One of the largest units at the Lofts of Central Square. This condo is beautifully remodeled. Filled with natural light and includes: open plan, oversized living/dining room combo, high ceilings, fully applianced newer kitchen, two bedrooms, large new bathroom and a lot of closets. Laundry room on each floor. New elevator. Pet friendly. Unit can be rented. Located next to bus stop, steps to the Commuter Rail within two stops to Boston, walking distance to the ocean. Close to Logan Airport and easy access to 1/1A/129/95. Next to Downtown Lynn's popular restaurants, shops, pubs, cafes, beaches, farmer's market, grocery stores, North Shore college and much more.

Last Agent to Sell the Property

Sima Rotenberg

William Raveis R.E. & Home Services Listed on: 02/08/2023

William Raveis R.E. & Home Services

Last Buyer's Agent

Kevin Ochoa

United Brokers

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,967

Year Built

  • Built in 1903 | Remodeled

Lot Details

  • 8,538

HOA Fees

  • $496 Monthly HOA Fees

Home Design

  • Entry on the 3rd floor
  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • 1,085 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Recessed Lighting
  • Picture Window
  • Dining Area
  • Intercom

Kitchen

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

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on third floor
  • 1 Full Bathroom
  • Bathtub with Shower

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Forced Air Heating and Cooling System
  • 1 Cooling Zone
  • 1 Heating Zone
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 4630319

Community Details

Overview

  • Association fees include water, sewer, insurance, security, maintenance structure, snow removal, trash, reserve funds
  • 22 Units
  • Mid-Rise Condominium
  • Lofts Of 7 Central Square Condominium Community

Amenities

  • Medical Services
  • Shops
  • Laundry Facilities
  • Elevator

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,967

Year Built

Built in 1903 | Remodeled

Lot Details

0

HOA Fees

$496 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Mid-Rise
  • Year Built: 1903
  • Entry Level: 3
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Tile, Laminate
  • Entry Location: Unit Placement(Upper)
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Disposal,Microwave,Refrigerator, Gas Water Heater, Utility Connections for Gas Range
  • Total Bedrooms: 2
  • Room Bedroom2 Level: Third
  • Room Bedroom2 Features: Closet, Flooring - Laminate, Recessed Lighting
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Closet, Flooring - Laminate, Recessed Lighting
  • Room Master Bedroom Level: Third
  • Master Bathroom Features: No
  • Bathroom 1 Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Remodeled
  • Bathroom 1 Level: Third
  • Room Kitchen Level: Third
  • Room Kitchen Features: Flooring - Stone/Ceramic Tile, Dining Area, Countertops - Stone/Granite/Solid, Cabinets - Upgraded, Open Floorplan, Recessed Lighting, Remodeled, Gas Stove
  • Laundry Features: Common Area
  • Room Living Room Level: Third
  • Room Living Room Features: Closet, Flooring - Laminate, Window(s) - Picture, Open Floorplan, Recessed Lighting, Remodeled
  • Basement: N
  • Living Area: 1085
  • Stories Total: 1
  • MAIN LO: AN4305
  • MAIN SO: BB9067

Exterior Features

  • Construction Materials: Brick
  • Roof: Rubber
  • Waterfront Features: Beach Front, Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • 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: 496
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Medical Facility, Public School, T-Station, University
  • Senior Community YN: No
  • MANAGEMENT: Professional - Off Site
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Parcel Number: 4630319
  • Zoning: resid.
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2967

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2023
Closed on
Mar 28, 2023
Sold by
Soroca Gleb
Bought by
Smjecanin Haris
Seller's Agent
Sima Rotenberg
William Raveis R.E. & Home Services
Buyer's Agent
Kevin Ochoa
United Brokers
List Price
$319,900
Sold Price
$319,900
Views
65
Current Estimated Value
$366,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,025
Avg. Annual Appreciation
5.21%
Original Mortgage
$255,920
Outstanding Balance
$247,581
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$119,344

Purchase Details

Closed on
Sep 1, 2022
Sold by
Iaralov Serghei
Bought by
Soroca Gleb

Purchase Details

Closed on
Apr 1, 2021
Sold by
7 Central Square Llc
Bought by
Iaralov Sergei
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Smjecanin Haris $319,900 None Available
Smjecanin Haris $319,900 None Available
Smjecanin Haris $319,900 None Available
Soroca Gleb -- None Available
Soroca Gleb -- None Available
Soroca Gleb -- None Available
Iaralov Sergei -- None Available
Iaralov Sergei -- None Available
Iaralov Sergei -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smjecanin Haris $255,920
Closed Smjecanin Haris $255,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2023 03/28/23 Sold $319,900 0.0% $295 / Sq Ft
02/15/2023 02/15/23 Pending -- -- --
02/08/2023 02/08/23 For Sale $319,900 0.0% $295 / Sq Ft
05/15/2022 05/15/22 Rented $2,200 0.0% --
04/20/2022 04/20/22 Under Contract -- -- --
04/12/2022 04/12/22 Price Changed $2,200 -4.3% $2 / Sq Ft
03/29/2022 03/29/22 Price Changed $2,300 -8.0% $2 / Sq Ft
03/01/2022 03/01/22 For Rent $2,500 -- --
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 $3,280 $316,600 $0 $316,600
2024 $3,214 $305,200 $0 $305,200
2023 $2,967 $266,100 $0 $266,100
2022 $2,970 $238,900 $0 $238,900
2021 $3,358 $257,700 $0 $257,700
2020 $3,166 $236,300 $0 $236,300
2019 $3,320 $232,200 $0 $232,200
2018 $3,016 $198,500 $0 $198,500
2017 $2,916 $186,900 $0 $186,900
2016 $2,522 $155,900 $0 $155,900
2015 $2,477 $147,900 $0 $147,900
Source: Public Records

Agents Affiliated with this Home

  • Sima Rotenberg

    Seller's Agent in 2023

    Sima Rotenberg

    William Raveis R.E. & Home Services

    (781) 956-2279

    1 in this area

    67 Total Sales

    Sima Rotenberg
    Section Image

  • K

    Buyer's Agent in 2023

    Kevin Ochoa

    United Brokers

    Section Image
  • Michael Romanovsky

    Seller's Agent in 2022

    Michael Romanovsky

    MGR Global Realty, Inc.

    (781) 632-7430

    5 in this area

    43 Total Sales

    Michael Romanovsky
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73077506

MLS Property Information Network (MLS PIN)

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

Massachusetts Essex County Lynn 01901 Downtown Lynn

7 Central Square Unit 304, Lynn, MA

Not Listed for Sale

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