NOT LISTED FOR SALE

7 Central Square Unit 504 Lynn, MA 01901

Downtown Lynn Neighborhood

Estimated Value: $363,000 - $465,000

2 Beds
1 Bath
1,431 Sq Ft
2.3 Acres

Last Sold June 13, 2022

Last sale price $331,000 $231 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,545/month

Highlights

  • 99,999 Sq Ft lot
  • 4-minute walk to Lynn
  • Shops
  • Property is near public transit
  • Cooling Available
  • 1-minute walk to Lynn Heritage State Park

About This Home

As of August 2022

Massive 1,431 SF 2 Bed/1 Bath rental property located in Downtown Lynn just steps to the Commuter Rail. Door to door commute to North Station in Downtown Boston in just 34 minutes! Walk to shops and restaurants.This gorgeous penthouse unit features high ceilings and tons of light with huge skylights in the living room and kitchen. Modern kitchen with a full suite of stainless steel appliances and granite countertops. Huge open plan living/dining area has more than enough space for entertaining. Tons of storage, featuring two coat closets, a large linen closet in the bathroom and large double closets in both bedrooms. Free common laundry facilities are located just outside the unit door. 24 hour notice required to show. Pets negotiable.

Last Agent to Rent the Property

The Persac Group

The Persac Group, LLC Listed on: 06/20/2022

Last Renter's Agent

The Persac Group

The Persac Group, LLC Listed on: 06/20/2022

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,395

Year Built

  • 1903

Lot Details

  • 2.3

Home Design

  • 1,431 Sq Ft Home

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Location

  • Property is near public transit

Utilities

  • Cooling Available
  • Central Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Security Deposit $2,475
  • Property Available on 9/1/22
  • Rent includes water, sewer, trash collection, snow removal, laundry facilities
  • 12 Month Lease Term
  • Assessor Parcel Number 4698840

Community Details

Overview

  • Property has a Home Owners Association

Amenities

  • Shops
  • Laundry Facilities

Pet Policy

  • Call for details about the types of pets allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,395

Year Built

1903

Lot Details

0

Rental Info

  • Pets Allowed: Yes w/ Restrictions
  • Available Date: 2022-09-01
  • Lease Term: Term of Rental(12)
  • Available Now: No
  • Deposit Required: Yes
  • FIRST MON REQD: Yes
  • INSURANCE REQD: Yes
  • LAST MON REQD: No
  • REFERENCES REQD: Yes
  • SEC DEPOSIT: 2475

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Entry Level: 5
  • CoOp Comp: 50/50
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Year Built: 1903

Interior Features

  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Disposal,Microwave,Refrigerator,Freezer
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Master Bathroom Features: No
  • Laundry Features: Common Area, In Building
  • Living Area: 1431
  • MAIN LO: AN3373
  • LIST PRICE PER Sq Ft: 1.68
  • PRICE PER Sq Ft: 1.68
  • MAIN SO: AN3373

Exterior Features

  • Waterfront YN: No

Utilities

  • Heating: Natural Gas, Central
  • Cooling Y N: Yes
  • Heating YN: Yes

Condo/Co-op/Association

  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, T-Station
  • Rent Includes: Water, Sewer, Trash Collection, Snow Removal, Laundry Facilities
  • UNIT BUILDING: 504

Lot Info

  • Parcel Number: 4698840
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 99999
  • Lot Size Units: Acres
  • OUTDOOR SPACE AVAILABLE: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 8, 2020
Sold by
Roy Santu
Bought by
Mendoza Joel and Roy Santu
Current Estimated Value
$409,732

Purchase Details

Listed on
Feb 5, 2020
Closed on
Apr 10, 2020
Sold by
Digiusto Gerald M and Staudt Caroline
Bought by
Roy Santu
Seller's Agent
Soraya Cacici
Nest Forward
Buyer's Agent
Michelle Fermin
Century 21 North East
List Price
$289,900
Sold Price
$290,000
Premium/Discount to List
$100
0.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.79%
Original Mortgage
$14,500
Interest Rate
3.6%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Jan 10, 2018
Closed on
Jan 9, 2018
Sold by
Sampson Kevin M
Bought by
Digiusto Gerald M and Staudt Caroline
Seller's Agent
Caroline Staudt
Compass
Buyer's Agent
Jacqueline Polimeni
Coldwell Banker Realty - Marblehead
Sold Price
$1,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.71%

Purchase Details

Closed on
May 11, 2015
Sold by
Hernandez Mario
Bought by
Sampson Kevin M

Purchase Details

Closed on
Sep 5, 2013
Sold by
Sampson Kevin M
Bought by
Sampson Kevin M and Hernandez Mario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
4.45%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jul 17, 2006
Sold by
Central Square Rt and Grigsby Taran
Bought by
Sampson Kevin M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,400
Interest Rate
6.71%
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
Mendoza Joel -- None Available
Mendoza Joel -- None Available
Roy Santu $290,000 None Available
Digiusto Gerald M $267,000 --
Sampson Kevin M -- --
Sampson Kevin M -- --
Sampson Kevin M -- --
Sampson Kevin M -- --
Sampson Kevin M $275,500 --
Sampson Kevin M $275,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duncan Andre $248,250
Previous Owner Roy Santu $14,500
Previous Owner Sampson Kevin M $212,000
Previous Owner Sampson Kevin M $220,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2022 08/13/22 Rented $2,400 0.0% --
08/10/2022 08/10/22 Under Contract -- -- --
08/01/2022 08/01/22 Price Changed $2,400 -3.0% $2 / Sq Ft
07/06/2022 07/06/22 Price Changed $2,475 -1.0% $2 / Sq Ft
06/20/2022 06/20/22 For Rent $2,500 0.0% --
06/13/2022 06/13/22 Sold $331,000 +0.3% $253 / Sq Ft
05/04/2022 05/04/22 Pending -- -- --
04/28/2022 04/28/22 For Sale $329,900 +13.8% $253 / Sq Ft
04/15/2020 04/15/20 Sold $290,000 +1.8% $222 / Sq Ft
03/03/2020 03/03/20 Pending -- -- --
02/20/2020 02/20/20 Price Changed $284,900 -1.7% $218 / Sq Ft
02/05/2020 02/05/20 For Sale $289,900 0.0% $222 / Sq Ft
01/25/2018 01/25/18 Rented $1,950 0.0% --
01/22/2018 01/22/18 Under Contract -- -- --
01/10/2018 01/10/18 For Rent $1,950 0.0% --
01/09/2018 01/09/18 Sold $267,000 -1.1% $204 / Sq Ft
12/17/2017 12/17/17 Pending -- -- --
11/29/2017 11/29/17 Price Changed $269,900 -5.3% $207 / Sq Ft
10/30/2017 10/30/17 Price Changed $284,900 -3.4% $218 / Sq Ft
10/13/2017 10/13/17 For Sale $294,900 -- $226 / 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 $3,395 $327,700 $0 $327,700
2024 $3,326 $315,900 $0 $315,900
2023 $3,157 $283,100 $0 $283,100
2022 $3,441 $276,800 $0 $276,800
2021 $3,888 $298,400 $0 $298,400
2020 $3,665 $273,500 $0 $273,500
2019 $3,844 $268,800 $0 $268,800
2018 $3,484 $229,600 $0 $229,600
2017 $3,365 $215,700 $0 $215,700
2016 $2,901 $179,300 $0 $179,300
2015 -- $169,900 $0 $169,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73000639

MLS Property Information Network (MLS PIN)

APN: LYNN-000082-000624-000010-000018-000018