NOT LISTED FOR SALE

7 Central Square Unit 501 Lynn, MA 01901

Downtown Lynn Neighborhood

Estimated Value: $270,000 - $321,000

2 Beds
1 Bath
677 Sq Ft
$393/mo HOA Fee

Last Sold March 06, 2019

Last sale price $209,000 $309 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,224/month

127 Days on Market

Highlights

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

About This Home

As of March 2019

Live 24 minutes from Boston, a mile from the ocean, and in the heart of Lynn's vibrant Downtown Cultural District! This rare top-floor, 2-bedroom corner unit has soaring ceilings and enormous windows with panoramic views—including High Rock Tower, five murals, and a peek of the ocean. Be steps away from the MBTA commuter rail and enjoy a range of public transportation options. A short drive from Logan Airport, too. With this unit's sweeping open concept, the lucky owner will experience authentic loft living, including a skylight, new flooring in bedrooms, 5 newer windows, newer water heater, new garbage disposal and new dishwasher. Join Lynn's downtown renaissance with top restaurants, bakeries, cafes, cultural events, and shops—all a stone's throw from your new home! Close to North Shore Community College and Lynn, Nahant, and Swampscott beaches. In-building laundry, pets allowed with condo association approval, and parking available on street, nearby lots and MBTA garage.

Last Agent to Sell the Property

Carol Curley

Century 21 North East Listed on: 09/06/2018

Century 21 North East

Co-Listed By

Eileen Jonah

Century 21 North East

Last Buyer's Agent

Karen Cashman

Cashman Real Estate License #454501211

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,598

Year Built

  • Built in 1903

Lot Details

  • 8,712

HOA Fees

  • $393 per month

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Basement

Community Details

  • Call for details about the types of pets allowed

Listing and Financial Details

  • Assessor Parcel Number M:082 B:624 L:010 S:015

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,598

Year Built

Built in 1903

Lot Details

0

HOA Fees

$393 per month

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Mid-Rise
  • Other Agent: 2.00
  • Year Built Description: Approximate, Renovated Since
  • List Price Per Sq Ft: 295.27
  • Comp Based On: Net Sale Price
  • Year Built: 1903
  • Lead Paint: Unknown
  • Unit Building: 501
  • Unit Level: 5
  • Unit Placement: Top/Penthouse
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1903

Interior Features

  • Flooring: Wood, Tile, Hardwood
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator
  • No Bedrooms: 2
  • Master Bedroom: On Level: First Floor, Dimension: 14X12, Recessed Lighting
  • Bedroom 2: On Level: First Floor, Dimension: 11X9, Recessed Lighting
  • Full Bathrooms: 1
  • No Rooms: 4
  • Kitchen: On Level: First Floor, Dimension: 8X7, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Recessed Lighting
  • Living Room: On Level: First Floor, Dimension: 17X12, Skylight, Flooring - Hardwood, Flooring - Wood
  • Basement: Y
  • No Living Levels: 5
  • Main Lo: C95102
  • Main So: AC0849
  • Estimated Sq Ft: 677.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 1/2 to 1 Mile
  • Construction: Frame, Brick
  • Roof Material: Rubber
  • Exterior: Brick
  • Exterior Unit Features: City View(s)

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Sewage District: Lynn
  • Cooling: Central Air
  • Cooling Zones: 1
  • Heating: Forced Air, Gas
  • Heat Zones: 1

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Laundromat, House of Worship, Marina, Private School, Public School, T-Station
  • HOA Fees: 393.00
  • Association Fee Includes: Water, Sewer, Master Insurance, Laundry Facilities, Elevator, Refuse Removal
  • Condo Association: Yes
  • Association Security: Intercom
  • Management: Professional - Off Site

Association/Amenities

  • Condominium Name: Lofts at Central Square Condominium

Lot Info

  • Assessments: 148900.00
  • Acre: 0.20
  • Lot Size: 8540.00
  • Page: 206
  • Parcel Number: M:082 B:624 L:010 S:015
  • Zoning: CBD

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Taxes: 2256.00
  • Assessor Parcel Number: 4625592

Multi Family

  • No Units: 22
  • No Units Owner Occ: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 1, 2015
Sold by
Jackson Corey and Jackson Sarah
Bought by
Jackson Corey and Jackson Sarah
Current Estimated Value
$292,338

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2006
Sold by
Central Square Rt and Grigsby
Bought by
Jackson Corey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.58%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Jackson Corey -- --
Jackson Corey -- --
Jackson Corey $185,000 --
Jackson Corey $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Quackenbush John $216,879
Closed Quackenbush John $213,493
Closed Jackson Corey $155,000
Previous Owner Jackson Corey $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2019 03/06/19 Sold $209,000 +4.6% $309 / Sq Ft
01/11/2019 01/11/19 Pending -- -- --
01/03/2019 01/03/19 Price Changed $199,900 -8.7% $295 / Sq Ft
11/26/2018 11/26/18 Price Changed $219,000 -0.4% $323 / Sq Ft
11/06/2018 11/06/18 For Sale $219,900 0.0% $325 / Sq Ft
09/17/2018 09/17/18 Pending -- -- --
09/06/2018 09/06/18 For Sale $219,900 -- $325 / 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 $2,598 $250,800 $0 $250,800
2024 $2,490 $236,500 $0 $236,500
2023 $2,296 $205,900 $0 $205,900
2022 $2,276 $183,100 $0 $183,100
2021 $2,575 $197,600 $0 $197,600
2020 $2,372 $177,000 $0 $177,000
2019 $2,484 $173,700 $0 $173,700
2018 $2,272 $148,900 $0 $148,900
2017 $2,200 $141,000 $0 $141,000
2016 $1,917 $118,500 $0 $118,500
2015 $1,888 $112,700 $0 $112,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72390236

MLS Property Information Network (MLS PIN)

APN: LYNN-000082-000624-000010-000015-000015