$178,750
SOLD NOV 29, 2017

7 Central Square Unit 305 Lynn, MA 01901

Downtown Lynn Neighborhood
1 Bed
1 Bath
520 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$344 Per Sq Ft

5% Below List Price

21 Days on Market

Highlights

  • Marina
  • 4-minute walk to Lynn
  • Cathedral Ceiling
  • Waterfront
  • Property is near public transit
  • 1-minute walk to Lynn Heritage State Park

About This Home

As of October 2021

The Lofts of 7 Central. Located in the heart of Lynn's bustling downtown, this spectacular 1 Bedroom Loft is in the center of it all! Gorgeous city architecture, urban city life, surrounded by museums, art & culture. Steps to the Lynn Museum, Lynn Arts, fine dining, coffee shops, bakeries, brewery & more. Enjoy concerts at the Lynn Auditorium, a short walk to the beach, steps to the commuter rail & MBTA station, enjoy all that this great city has to offer! In addition to the diverse cultural melting pot, our city also boasts the amazing Lynn Woods, many ponds, recreational areas, coastline & Ferry to Boston.This unit boasts, cathedral ceilings & over sized windows that strike you as you enter this well played out unit.This bright & inviting home has a living / dining combo right off your well appointed kitchen with granite counters. A large bedroom & spacious bathroom, with a surprising amount of storage complete this space. Pet friendly & strong owners association.

Last Agent to Sell the Property

Katie DiVirgilio

RE/MAX 360 Listed on: 07/12/2017

RE/MAX 360

Last Buyer's Agent

Filippo Mastrocola

Welcome Home Properties, Inc. License #449526837

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,464

Year Built

  • Built in 1903

Lot Details

  • Waterfront
  • Two or More Common Walls

Parking

  • Rented or Permit Required

Home Design

  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • 520 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Intercom

Kitchen

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

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Utilities

  • Cooling Available
  • 1 Cooling Zone
  • 1 Heating Zone
  • Individual Controls for Heating
  • Electric Water Heater

Additional Features

  • Level Entry For Accessibility
  • Walking Distance to Water
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 4626892

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include water, sewer, insurance, reserve funds
  • 22 Units
  • The Lofts At 7 Central Community

Amenities

  • Shops
  • Laundry Facilities
  • Elevator

Recreation

  • Marina

Pet Policy

  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,464

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Loft
  • Year Built: 1903
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Entry Level: 3
  • Transaction Broker: 2
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile, Carpet, Laminate
  • Entry Location: Unit Placement(Back)
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Disposal,Microwave,Refrigerator, Electric Water Heater, Utility Connections for Electric Range
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Cathedral Ceiling(s), Closet
  • Room Master Bedroom Level: First
  • Room Master Bedroom Area: 154
  • Bathroom 1 Area: 60
  • Bathroom 1 Features: Bathroom - Full
  • Bathroom 1 Level: First
  • Room Kitchen Level: First
  • Room Kitchen Features: Cathedral Ceiling(s), Flooring - Laminate, Countertops - Stone/Granite/Solid
  • Room Kitchen Area: 70
  • Laundry Features: Common Area, In Building
  • Room Living Room Level: First
  • Room Living Room Area: 168
  • Room Living Room Features: Cathedral Ceiling(s), Closet, Flooring - Laminate
  • Accessibility Features: Accessible Entrance
  • Living Area: 520
  • Other Equipment: Intercom
  • Stories Total: 1
  • MAIN LO: C58300
  • LIST PRICE PER Sq Ft: 363.46
  • PRICE PER Sq Ft: 343.75
  • MAIN SO: NB2621

Exterior Features

  • Common Walls: 2+ Common Walls
  • Construction Materials: Brick
  • Roof: Rubber
  • Waterfront Features: Beach Front, Harbor, Walk to, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: Yes

Garage/Parking

  • Garage YN: No
  • Parking Features: Rented

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Cooling: Unit Control
  • Heating: Unit Control
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public
  • SEWAGE DISTRICT: LWS
  • HEAT ZONES: 1
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association Amenities: Laundry, Elevator(s)
  • Association Fee: 294
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Highway Access, Marina, T-Station
  • UNIT BUILDING: 305
  • MANAGEMENT: Professional - Off Site

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Reserve Funds

Lot Info

  • Parcel Number: 4626892
  • Zoning: CBD
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • PAGE: 424
  • OUTDOOR SPACE AVAILABLE: No

Rental Info

  • Pets Allowed: Breed Restrictions

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 1464
  • Tax Book Number: 26290

Multi Family

  • Number Of Units Total: 22

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
$259,904

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,904
Avg. Annual Appreciation
8.14%
Original Mortgage
$146,250
Outstanding Balance
$135,091
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$127,864

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:

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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 $195,000 None Available
Condominium Deed $195,000 None Available
Not Resolvable $180,000 --
Deed $137,000 --
Deed $137,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $146,250 Purchase Money Mortgage
Closed $146,250 Purchase Money Mortgage
Previous Owner $143,000 New Conventional
Previous Owner $109,600 Purchase Money Mortgage
Previous Owner $20,550 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72196482

MLS Property Information Network (MLS PIN)

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