NOT LISTED FOR SALE

7 Central Square Unit 404 Lynn, MA 01901

Downtown Lynn Neighborhood

Estimated Value: $352,000 - $407,000

2 Beds
1 Bath
1,080 Sq Ft
8,712 Sq Ft Lot

Last Sold November 17, 2017

Last sale price $260,000 $241 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $2,339/month

39 Days on Market

About This Home

As of November 2017

The Lofts at Central Square - steps to Commuter Rail, 20 minutes to Boston! 1 mile to ocean, 9.5 miles to Logan Airport, easy access to 1/1A/129/95. Notable features include high ceilings and a spacious layout, oversized windows with views of Central Square's impressive architecture, galley kitchen, 2011 bathroom renovation, 2017 hot water heater, 2015 windows in bedrooms, 2017 wood flooring and kitchen tile. Must haves: nearby garage parking, pet friendly, and a very strong owner's association. With Boston prices soaring, Coastal Lynn offers a competitive edge of affordability and livability within ten miles to Downtown Boston. Governor Baker's economic development team has their eyes on Lynn, and you should too! Downtown Lynn's vibrant urban scene offers walkability to popular restaurants, shops, pubs, cafes, brewery, beaches, farmer's market/community garden, grocery stores, theatre, library, museum, the arts, stunning architecture, and more! Lynn Woods is also not to be missed.

Last Agent to Sell the Property

Soraya Cacici

Nest Forward Listed on: 08/04/2017

Last Buyer's Agent

Russ Bradchulis

Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,275

Year Built

1903

Lot Details

0

Listing Details

  • Unit Level: 4
  • Unit Placement: Upper, Front
  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Mid-Rise
  • Other Agent: 2.50
  • Handicap Access: Yes
  • Lead Paint: Unknown
  • Year Built Description: Approximate
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1903

Interior Features

  • Has Basement: No
  • Number of Rooms: 4
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University, Other (See Remarks)
  • Flooring: Tile, Laminate
  • No Bedrooms: 2
  • Full Bathrooms: 1
  • No Living Levels: 1
  • Main Lo: AC0684
  • Main So: BB5522

Exterior Features

  • Exterior: Brick
  • Beach Ownership: Public

Garage/Parking

  • Garage Spaces: 1
  • Parking: Rented
  • Parking Spaces: 1

Utilities

  • Cooling Zones: 1
  • Heat Zones: 1
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Condominium Name: The Lofts at 7 Central
  • Association Fee Includes: Water, Sewer, Master Insurance, Laundry Facilities, Elevator, Reserve Funds
  • Management: Professional - Off Site, Owner Association
  • Pets Allowed: Yes w/ Restrictions
  • No Units: 22
  • Unit Building: 404

Fee Information

  • Fee Interval: Monthly

Lot Info

  • Assessor Parcel Number: M:082 B:624 L:010 S:014
  • Zoning: CBD
  • Acre: 0.20
  • Lot Size: 8598.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2017
Closed on
Nov 17, 2017
Sold by
Schnitker Erika E and Schroeder Amanda
Bought by
Kieffer-Higgins A W
Seller's Agent
Soraya Cacici
Nest Forward
Buyer's Agent
Russ Bradchulis
Keller Williams Realty
Sold Price
$260,000
Current Estimated Value
$374,079

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,079
Avg. Annual Appreciation
3.91%

Purchase Details

Closed on
Apr 13, 2007
Sold by
Central Square Rt and Grigsby Taran
Bought by
Schnitker Erika E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage
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
Kieffer-Higgins A W $260,000 --
Kieffer-Higgins A W $260,000 --
Schnitker Erika E $210,000 --
Schnitker Erika E $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schnitker Erika E $150,900
Previous Owner Schnitker Erika E $168,000
Previous Owner Schnitker Erika E $31,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2017 11/17/17 Sold $260,000 -- $241 / Sq Ft
09/12/2017 09/12/17 Pending -- -- --
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 $3,275 $316,100 $0 $316,100
2024 $3,208 $304,700 $0 $304,700
2023 $3,037 $272,400 $0 $272,400
2022 $3,040 $244,600 $0 $244,600
2021 $3,437 $263,800 $0 $263,800
2020 $3,241 $241,900 $0 $241,900
2019 $3,399 $237,700 $0 $237,700
2018 $3,011 $198,200 $0 $198,200
2017 $2,911 $186,600 $0 $186,600
2016 $2,519 $155,700 $0 $155,700
2015 $2,474 $147,700 $0 $147,700
Source: Public Records

Agents Affiliated with this Home

  • Soraya Cacici

    Seller's Agent in 2017

    Soraya Cacici

    Nest Forward

    (781) 572-8725

    10 in this area

    39 Total Sales

    Soraya Cacici
    Section Image

  • R

    Buyer's Agent in 2017

    Russ Bradchulis

    Keller Williams Realty

    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72209169

MLS Property Information Network (MLS PIN)

APN: LYNN-000082-000624-000010-000014-000014

Massachusetts Essex County Lynn 01901 Downtown Lynn

7 Central Square Unit 404, Lynn, MA

This home is located at 7 Central Square Unit 404, Lynn, MA 01901 since 04 August 2017 and is currently estimated at $374,079, approximately $346 per square foot. This property was built in 1903. 7 Central Square Unit 404 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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