NOT LISTED FOR SALE

7 Central Square Unit 305 Lynn, MA 01901

Downtown Lynn Neighborhood

Estimated Value: $234,000 - $357,000

1 Bed
1 Bath
520 Sq Ft
$300/mo HOA Fee

Last Sold October 22, 2021

Last sale price $195,000 $375 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $1,888/month

41 Days on Market

Highlights

  • Cathedral Ceiling
  • 4-minute walk to Lynn
  • 1-minute walk to Lynn Heritage State Park
  • Solid Surface Countertops
  • 1 Cooling Zone

About This Home

As of October 2021

Welcome to the Lofts at 7 Central Square! Amazing location in the heart of downtown Lynn with walking distance to everything that Lynn has to offer. This one bedroom unit is full of great features, like central a/c, granite counters in kitchen, high ceilings, large windows, recessed lighting and hardwood floors throughout. There is free, shared laundry on the same floor, as well as plenty of storage in the unit with a private hot water tank. Easy access to 1A directly to Logan Airport and Boston. The commuter rail is right across the street and it's just 2 stops to Boston with monthly parking available.

Last Agent to Sell the Property

Evan Russell

Century 21 North East Homes Listed on: 08/02/2021

Last Buyer's Agent

Lynch Team Real Estate

EXIT Realty Beatrice Associates

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,103

Year Built

  • 1903

Lot Details

  • 8,712

HOA Fees

  • $300 per month

Interior Spaces

  • Cathedral Ceiling
  • Solid Surface Countertops

Utilities

  • 1 Cooling Zone
  • 1 Heating Zone

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,103

Year Built

1903

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • Directions: Use GPS
  • Garage Yn: No
  • Structure Type: Loft
  • Year Built Details: Actual
  • Special Features: None
  • Year Built: 1903

Interior Features

  • Appliances: Range,Dishwasher,Microwave,Refrigerator, Electric Water Heater, Utility Connections for Electric Range
  • Entry Location: Unit Placement(Back)
  • Room Master Bedroom Features: Cathedral Ceiling(s), Closet
  • Room Master Bedroom Level: First
  • Bathroom 1 Level: First
  • Room Kitchen Level: First
  • Room Kitchen Features: Cathedral Ceiling(s), Countertops - Stone/Granite/Solid
  • Room Living Room Level: First
  • Room Living Room Features: Cathedral Ceiling(s), Closet
  • MAIN LO: AN5358
  • MAIN SO: NB4126
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Flooring: Tile, Laminate, Hardwood
  • Stories: 1

Exterior Features

  • Roof: Rubber
  • Common Walls: 2+ Common Walls
  • Construction Type: Brick
  • Disclosures: Seller Is License Ma Real Estate Sales Agent
  • Home Warranty: No
  • Waterfront: No

Utilities

  • Cooling: Central Air, Unit Control
  • Heating: Forced Air, Natural Gas, Unit Control
  • HEAT ZONES: 1
  • COOLING ZONES: 1
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Laundry Features: Common Area, In Building
  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Laundry
  • Association Fee: 300
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Public Transportation
  • Senior Community: No

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance

Lot Info

  • LOT SIZE: 8540
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 8712
  • Zoning: CBD

Multi Family

  • Number Of Units Total: 22

Tax Info

  • Tax Annual Amount: 2198
  • Tax Book Number: 36365
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2021
Closed on
Oct 22, 2021
Sold by
Meoli Dawn M and Meoli Vincent
Bought by
Soderberg Gavin D
Seller's Agent
Evan Russell
Century 21 North East Homes
Buyer's Agent
Lynch Team Real Estate
EXIT Realty Beatrice Associates
List Price
$199,900
Sold Price
$195,000
Premium/Discount to List
-$4,900
-2.45%
Current Estimated Value
$269,536

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,536
Avg. Annual Appreciation
8.15%
Original Mortgage
$146,250
Outstanding Balance
$133,077
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$136,459

Purchase Details

Listed on
Jul 12, 2017
Closed on
Nov 29, 2017
Sold by
Cerrigone Joseph
Bought by
Meoli Vincent and Meono Rebeca M
Seller's Agent
Katie DiVirgilio
RE/MAX 360
Buyer's Agent
Filippo Mastrocola
Welcome Home Properties, Inc.
List Price
$189,000
Sold Price
$178,750
Premium/Discount to List
-$10,250
-5.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.26%
Original Mortgage
$143,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2006
Sold by
Central Square Rt
Bought by
Cerrigone Joseph I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,600
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Soderberg Gavin D $195,000 None Available
Soderberg Gavin D $195,000 None Available
Soderberg Gavin D $195,000 None Available
Meoli Vincent $180,000 --
Meoli Vincent $180,000 --
Cerrigone Joseph I $137,000 --
Cerrigone Joseph I $137,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Soderberg Gavin D $146,250
Closed Soderberg Gavin D $146,250
Previous Owner Meoli Vincent $143,000
Previous Owner Cerrigone Joseph I $109,600
Previous Owner Cerrigone Joseph I $20,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/22/2021 10/22/21 Sold $195,000 -2.5% $375 / Sq Ft
09/12/2021 09/12/21 Pending -- -- --
08/02/2021 08/02/21 For Sale $199,900 +11.8% $384 / Sq Ft
11/29/2017 11/29/17 Sold $178,750 -5.4% $344 / Sq Ft View Prior Sale
08/02/2017 08/02/17 Pending -- -- --
07/12/2017 07/12/17 For Sale $189,000 -- $363 / 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 $2,103 $203,000 $0 $203,000
2024 $2,102 $199,600 $0 $199,600
2023 $2,095 $187,900 $0 $187,900
2022 $2,075 $166,900 $0 $166,900
2021 $2,198 $168,700 $0 $168,700
2020 $2,155 $160,800 $0 $160,800
2019 $2,427 $169,700 $0 $169,700
2018 $1,509 $98,500 $0 $98,500
2017 $1,465 $93,900 $0 $93,900
2016 $1,291 $79,800 $0 $79,800
2015 $1,273 $76,000 $0 $76,000
Source: Public Records

Agents Affiliated with this Home

  • Evan Russell

    Seller's Agent in 2021

    Evan Russell

    Century 21 North East Homes

    (781) 439-2778

    1 in this area

    70 Total Sales

    Evan Russell
    Section Image

  • L

    Buyer's Agent in 2021

    Lynch Team Real Estate

    EXIT Realty Beatrice Associates

  • Katie DiVirgilio

    Seller's Agent in 2017

    Katie DiVirgilio

    RE/MAX 360

    (617) 285-9847

    1 in this area

    263 Total Sales

    Katie DiVirgilio
    Section Image

  • F

    Buyer's Agent in 2017

    Filippo Mastrocola

    Welcome Home Properties, Inc.

    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72874924

MLS Property Information Network (MLS PIN)

APN: LYNN-000082-000624-000010-000022-000022

Massachusetts Essex County Lynn 01901 Downtown Lynn

7 Central Square Unit 305, Lynn, MA

Not Listed for Sale

Condos

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