North Star Group
Real Broker MA, LLC
(857) 240-5268
108 Total Sales
1 in Downtown Lynn
$333,000 Price
7 Central Square Unit 503 Lynn, MA 01901
Downtown Lynn NeighborhoodEstimated Value: $241,000 - $272,272
1
Bed
1
Bath
650
Sq Ft
8,538
Sq Ft Lot
Highlights
- Waterfront
- 4-minute walk to Lynn
- High-Rise Community
- Forced Air Heating and Cooling System
- Laundry Facilities
- 1-minute walk to Lynn Heritage State Park
About This Home
As of May 2022Welcome to your stylish retreat at The Lofts at 7 Central, a fully furnished sun-filled, top-floor condo that blends historic charm with modern convenience. Just 20 minutes to Boston by train and only 1 mile to the ocean, this unit offers unbeatable location and lifestyle.
Features include soaring ceilings with skylights, oversized windows framing the cityscape of Central Square, a sleek galley kitchen, and a spacious open-concept layout ideal for entertaining or working from home. Recent upgrades include a modernized bathroom, newer hot water heater, and plush bedroom carpeting for added comfort.
Enjoy pet-friendly living with secure nearby garage parking, all within a well-managed building with a strong, engaged owner’s association.
Situated in the heart of revitalized Downtown Lynn, you’re steps from the commuter rail, restaurants, coffee shops, bars, beaches, arts scene, farmer’s market, and more. With affordability and urban vibrancy, this location offers a smart alternative to Boston living—without compromising on access or amenities.
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Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,809
Year Built
- Built in 1903
Lot Details
- 8,538
Home Design
- 650 Sq Ft Home
- Entry on the 5th floor
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Additional Features
- Waterfront
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 4668265
Community Details
Overview
- Property has a Home Owners Association
- Association fees include water, sewer, insurance, maintenance structure, ground maintenance, snow removal
- 18 Units
- High-Rise Community
- 5-Story Property
Amenities
- Laundry Facilities
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 18, 2022
Closed on
May 16, 2022
Sold by
Coyne John F
Bought by
Seller's Agent
Gary Fikes
MP Signature Realty LLC
Buyer's Agent
Kevin Ochoa
United Brokers
List Price
$224,900
Sold Price
$230,000
Premium/Discount to List
$5,100
2.27%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,318
Avg. Annual Appreciation
2.46%
Original Mortgage
$172,500
Outstanding Balance
$160,637
Interest Rate
4.67%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$94,681
Purchase Details
Closed on
Jul 25, 2007
Sold by
Central Square Rt and Grigsby
Bought by
Coyne John F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,980
Interest Rate
6.78%
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Downtown Lynn, MA
-
North Star Group
-
Assunta Palomba
Assunta Palomba
Mango Realty, Inc.
(857) 305-4635
57 Total Sales
1 in Downtown Lynn
$369,000 Price
-
C. Devon Holden
C. Devon Holden
C. Devon's Homes, LLC
(857) 380-1194
15 Total Sales
1 in Downtown Lynn
$730,000 Price
-
Carol St. Pierre
Carol St. Pierre
Tache Real Estate, Inc.
(781) 776-5893
40 Total Sales
1 in Downtown Lynn
$350,000 Price
-
Issam Dib
Issam Dib
Skyline Realty
(781) 776-5266
37 Total Sales
1 in Downtown Lynn
$350,000 Price
-
Walquiria Leguisamon
Walquiria Leguisamon
Return Realty Group, Inc.
(857) 365-6831
80 Total Sales
1 in Downtown Lynn
$339,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $230,000 | None Available | ||
| Coyne John F | $134,900 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $172,500 | ||
| Previous Owner | Coyne John | $26,980 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/03/2025 09/03/25 | Off Market | $1,900 | -- | -- |
| 07/30/2025 07/30/25 | For Rent | $1,900 | 0.0% | -- |
| 07/03/2025 07/03/25 | Off Market | $1,900 | -- | -- |
| 05/30/2025 05/30/25 | For Rent | $1,900 | 0.0% | -- |
| 05/16/2022 05/16/22 | Sold | $230,000 | +2.3% | $354 / Sq Ft |
| 03/20/2022 03/20/22 | Pending | -- | -- | -- |
| 03/18/2022 03/18/22 | For Sale | $224,900 | -- | $346 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $2,310 | $223,000 | $0 | $223,000 |
| 2024 | $2,304 | $218,800 | $0 | $218,800 |
| 2023 | $2,480 | $222,400 | $0 | $222,400 |
| 2022 | $2,656 | $213,700 | $0 | $213,700 |
| 2021 | $2,809 | $215,600 | $0 | $215,600 |
| 2020 | $2,748 | $205,100 | $0 | $205,100 |
| 2019 | $3,102 | $216,900 | $0 | $216,900 |
| 2018 | $1,962 | $128,500 | $0 | $128,500 |
| 2017 | $1,900 | $121,800 | $0 | $121,800 |
| 2016 | $1,658 | $102,500 | $0 | $102,500 |
| 2015 | $1,630 | $97,300 | $0 | $97,300 |
Source: Public Records
Agents Affiliated with this Home
-
Gary Fikes
GF
Seller's Agent in 2022
Gary Fikes
MP Signature Realty LLC
(260) 402-7448
1 in this area
5 Total Sales
-
Kevin Ochoa
Buyer's Agent in 2022
Kevin Ochoa
United Brokers
(857) 753-7184
2 in this area
51 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72954914
APN: LYNN-000082-000624-000010-000017-000017
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.
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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