NOT LISTED FOR SALE

7 Central Square Unit 402 Lynn, MA 01901

Downtown Lynn Neighborhood

Estimated Value: $268,000 - $346,000

2 Beds
1 Bath
659 Sq Ft
$372/mo HOA Fee

Last Sold June 30, 2021

Last sale price $240,000 $364 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,157/month

7 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • 4-minute walk to Lynn
  • 1-minute walk to Lynn Heritage State Park
  • Laundry Facilities

About This Home

As of June 2021

Great opportunity to own this well appointed 2 bedroom condo in the heart of Central Square! This unit features a bright and open floor plan, high ceilings, central air and more. 2 good sized bedrooms and a well appointed kitchen (new dishwasher and disposal). Pet friendly building, there is also laundry (free!) located on each floor, HVAC was just serviced last year. Amazing location close to all the local shops/restaurants and only a short trip to the beach. Commuters dream...located directly across the street from the Commuter Rail with only two stops to North Station. Very affordable garage parking is available for rent at the T stop. *OFFER DEADLINE TUESDAY 5/11 AT NOON*

Last Agent to Sell the Property

Scanlon Real Estate Team

eXp Realty Listed on: 05/05/2021

eXp Realty

Co-Listed By

Patrick Scanlon

eXp Realty

Last Buyer's Agent

Annmarie Fiore

Amo Realty - Boston City Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,474

Year Built

  • Built in 1903

Lot Details

  • 8,712

HOA Fees

  • $372 per month

Kitchen

  • Range
  • Dishwasher

Utilities

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

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:082 B:624 L:010 S:012

Community Details

Amenities

  • Laundry Facilities

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,474

Year Built

Built in 1903

Lot Details

0

HOA Fees

$372 per month

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: 348.86
  • Comp Based On: Net Sale Price
  • Year Built: 1903
  • Unit Building: 402
  • Unit Level: 4
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1903

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator
  • No Bedrooms: 2
  • Full Bathrooms: 1
  • No Rooms: 4
  • Laundry Features: Common
  • Basement: Y
  • No Living Levels: 1
  • Main Lo: AC0342
  • Main So: BB3875
  • Estimated Sq Ft: 659.00

Exterior Features

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

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Walk/Jog Trails, Medical Facility, T-Station
  • HOA Fees: 372.00
  • Association Fee Includes: Water, Sewer, Master Insurance, Laundry Facilities
  • Condo Association: Yes
  • Association Security: Intercom
  • Management: Professional - Off Site

Lot Info

  • Assessments: 173600.00
  • Acre: 0.20
  • Lot Size: 8540.00
  • Page: 234
  • Parcel Number: M:082 B:624 L:010 S:012
  • Zoning: CBD

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Taxes: 2262.00
  • Assessor Parcel Number: 4665656
  • Tax Year: 2021

Multi Family

  • No Units: 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2021
Closed on
Jun 29, 2021
Sold by
Morey Castellanos-Rizaldos E and Morey Devin
Bought by
Feliz Enmy M
Seller's Agent
Scanlon Real Estate Team
eXp Realty
Buyer's Agent
Annmarie Fiore
Amo Realty - Boston City Properties
List Price
$229,900
Sold Price
$240,000
Premium/Discount to List
$10,100
4.39%
Current Estimated Value
$298,915

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,915
Avg. Annual Appreciation
4.74%
Original Mortgage
$7,710
Outstanding Balance
$7,011
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$285,077

Purchase Details

Listed on
Jun 12, 2019
Closed on
Aug 9, 2019
Sold by
Ciprian Rudy S and Clark Vivian J
Bought by
Castellanos-Rizaldos E and Morey Devin
Seller's Agent
Juan Lopera-Martinez
eXp Realty
Buyer's Agent
Scanlon Real Estate Team
eXp Realty
List Price
$217,999
Sold Price
$195,000
Premium/Discount to List
-$22,999
-10.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.95%
Original Mortgage
$130,000
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 2008
Sold by
Ciprian Rudy S and Rodriguez Tania F
Bought by
Ciprian Rudy S
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Feliz Enmy M $240,000 None Available
Castellanos-Rizaldos E $195,000 --
Morey Castellanos-Rizaldos E $195,000 --
Ciprian Rudy S -- --
Ciprian Rudy S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Feliz Enmy M $7,710
Open Feliz Enmy M $232,800
Closed Feliz Enmy M $232,800
Closed Feliz Enmy M $9,657
Previous Owner Morey Castellanos-Rizaldos E $130,000
Previous Owner Ciprian Rudy S $50,000
Previous Owner Ciprian Rudy S $68,665
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2021 06/30/21 Sold $240,000 +4.4% $364 / Sq Ft
05/12/2021 05/12/21 Pending -- -- --
05/05/2021 05/05/21 For Sale $229,900 +17.9% $349 / Sq Ft
08/29/2019 08/29/19 Sold $195,000 -7.1% $296 / Sq Ft
07/22/2019 07/22/19 Pending -- -- --
07/19/2019 07/19/19 Price Changed $209,999 -3.2% $319 / Sq Ft
07/10/2019 07/10/19 Price Changed $216,999 -0.5% $329 / Sq Ft
06/12/2019 06/12/19 For Sale $217,999 -- $331 / 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 $2,474 $238,800 $0 $238,800
2024 $2,371 $225,200 $0 $225,200
2023 $2,187 $196,100 $0 $196,100
2022 $1,999 $160,800 $0 $160,800
2021 $2,262 $173,600 $0 $173,600
2020 $2,139 $159,600 $0 $159,600
2019 $2,238 $156,500 $0 $156,500
2018 $2,051 $134,300 $0 $134,300
2017 $1,987 $127,400 $0 $127,400
2016 $1,739 $107,500 $0 $107,500
2015 $1,714 $102,300 $0 $102,300
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Scanlon Real Estate Team

    eXp Realty

    (781) 223-5728

    2 in this area

    96 Total Sales

    Scanlon Real Estate Team
    Section Image
  • Patrick Scanlon

    Seller Co-Listing Agent in 2021

    Patrick Scanlon

    eXp Realty

    (617) 939-4613

    2 in this area

    25 Total Sales

    Patrick Scanlon
    Section Image
  • Annmarie Fiore

    Buyer's Agent in 2021

    Annmarie Fiore

    Amo Realty - Boston City Properties

    (617) 970-9571

    1 in this area

    15 Total Sales

    Annmarie Fiore
    Section Image
  • Eugene Diaz

    Seller Co-Listing Agent in 2019

    Eugene Diaz

    Coldwell Banker Realty - Lynnfield

    (978) 918-0826

    66 Total Sales

    Eugene Diaz
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72825704

MLS Property Information Network (MLS PIN)

APN: LYNN-000082-000624-000010-000012-000012

Massachusetts Essex County Lynn 01901 Downtown Lynn

7 Central Square Unit 402, Lynn, MA

This home is located at 7 Central Square Unit 402, Lynn, MA 01901 since 05 May 2021 and is currently estimated at $298,915, approximately $453 per square foot. This property was built in 1903. 7 Central Square Unit 402 is a home located in Essex County with nearby schools including E.J. Harrington School, William R. Fallon School, and Fecteau-Leary Junior/Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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