$189,000
SOLD JUL 17, 2017

7 Central Square Unit 502 Lynn, MA 01901

Downtown Lynn Neighborhood
2 Beds
1 Bath
730 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$259 Per Sq Ft

5% Below List Price

26 Days on Market

About This Home

As of July 2017

The Lofts at 7 Central - 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 with skylight over dining area, oversized windows with views of Central Square's impressive architecture, galley kitchen with skylight, 2013 bathroom renovation, 2014 hot water heater, and 2015 carpet upgrade in master bedroom. 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: 05/01/2017

Last Buyer's Agent

Tony Wright

Redfin Corp. License #454005457

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,685

Year Built

1903

Lot Details

0

Listing Details

  • Unit Level: 5
  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Mid-Rise
  • Other Agent: 3.00
  • 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
  • Flooring: Tile, Wall to Wall Carpet, Laminate
  • No Bedrooms: 2
  • Full Bathrooms: 1
  • No Living Levels: 1
  • Main Lo: AC0684
  • Main So: NB3534

Exterior Features

  • Exterior: Brick, Stone
  • 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
  • Pets Allowed: Yes w/ Restrictions
  • No Units: 22
  • Unit Building: 502

Fee Information

  • Fee Interval: Monthly

Lot Info

  • Assessor Parcel Number: M:082 B:624 L:010 S:016
  • Zoning: CBD
  • Acre: 0.20
  • Lot Size: 8598.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2017
Closed on
Jul 17, 2017
Sold by
Brawn Leslie and Brawn Colleen-Livingstone L
Bought by
Panciocco Robyn C
Seller's Agent
Soraya Cacici
Nest Forward
Buyer's Agent
Tony Wright
Redfin Corp.
List Price
$199,900
Sold Price
$189,000
Premium/Discount to List
-$10,900
-5.45%
Current Estimated Value
$299,150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,150
Avg. Annual Appreciation
5.55%
Original Mortgage
$151,200
Outstanding Balance
$84,175
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$206,803

Purchase Details

Closed on
Feb 21, 2007
Sold by
Central Square Rt and Grigsby Taran
Bought by
Livingston Lesley Colleen and Livingstone Lesley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
6.23%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Not Resolvable $189,000 --
Deed $190,000 --
Deed $190,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $151,200 New Conventional
Closed $151,200 New Conventional
Previous Owner $162,700 No Value Available
Previous Owner $170,000 Purchase Money Mortgage
Previous Owner $10,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2024 04/01/24 Rented $1,900 0.0% --
02/27/2024 02/27/24 Under Contract -- -- --
02/13/2024 02/13/24 For Rent $1,900 0.0% --
07/17/2017 07/17/17 Sold $189,000 0.0% $259 / Sq Ft
05/27/2017 05/27/17 Pending -- -- --
05/22/2017 05/22/17 Price Changed $189,000 -5.5% $259 / Sq Ft
05/01/2017 05/01/17 For Sale $199,900 0.0% $274 / Sq Ft
09/01/2015 09/01/15 Rented $1,400 0.0% --
08/02/2015 08/02/15 Under Contract -- -- --
06/22/2015 06/22/15 For Rent $1,400 0.0% --
09/01/2014 09/01/14 Rented $1,400 -6.7% --
08/02/2014 08/02/14 Under Contract -- -- --
07/11/2014 07/11/14 For Rent $1,500 -- --
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 $2,685 $259,200 $0 $259,200
2024 $2,571 $244,200 $0 $244,200
2023 $2,369 $212,500 $0 $212,500
2022 $2,373 $190,900 $0 $190,900
2021 $2,684 $206,000 $0 $206,000
2020 $2,534 $189,100 $0 $189,100
2019 $2,656 $185,700 $0 $185,700
2018 $2,409 $159,000 $0 $159,000
2017 $2,346 $150,400 $0 $150,400
2016 $2,042 $126,200 $0 $126,200
2015 $2,007 $119,800 $0 $119,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72156203

MLS Property Information Network (MLS PIN)

APN: LYNN-000082-000624-000010-000016-000016