$290,000
SOLD APR 15, 2020

7 Central Square Unit 504 Lynn, MA 01901

Downtown Lynn Neighborhood
2 Beds
1 Bath
1,306 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$222 Per Sq Ft

27 Days on Market

Highlights

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

About This Home

As of June 2022

The Lofts at Central Square. Just steps to Commuter Rail, 20 minutes to Boston! One mile to the ocean! 9.5 miles to Logan Airport, easy access to 1/1A/129/95. Dramatic top floor unit includes numerous recent updates, high ceilings, large atrium style skylight in living room, skylight in kitchen, spacious L shaped layout, lots of closet space, oversized windows with views of Central Square's impressive architecture, adjacent rented 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. Downtown Lynn's vibrant urban scene offers walkability to popular restaurants, shops, pubs, cafes, brewery, beaches, public art, community garden and farmer's market, grocery stores, theatre, library, museum, the arts/murals, and much more! Lynn Woods is also not to be missed!

Last Agent to Sell the Property

Soraya Cacici

Nest Forward Listed on: 02/05/2020

Last Buyer's Agent

Michelle Fermin

Century 21 North East

Century 21 North East

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,395

Year Built

  • Built in 1903

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Natural Gas Water Heater

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:018

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,395

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Mid-Rise
  • Other Agent: 2.50
  • Handicap Access: Yes
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 218.15
  • Comp Based On: Net Sale Price
  • Year Built: 1903
  • Lead Paint: Certified Treated
  • Unit Building: 504
  • Unit Level: 5
  • Unit Placement: Top/Penthouse, Front
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1903

Interior Features

  • Flooring: Tile, Laminate
  • Interior Amenities: Intercom
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer
  • No Bedrooms: 2
  • Master Bedroom: Dimension: 13X15, Closet, Flooring - Wall to Wall Carpet
  • Bedroom 2: Dimension: 10X13, Closet, Flooring - Laminate
  • Full Bathrooms: 1
  • Bathroom 1: Bathroom - With Tub & Shower, Closet, Flooring - Stone/Ceramic Tile
  • No Rooms: 4
  • Dining Room: Dimension: 13X42, Skylight, Closet, Flooring - Laminate
  • Kitchen: Dimension: 9X11, Skylight, Flooring - Stone/Ceramic Tile
  • Living Room: Dimension: 13X42, Skylight, Closet, Flooring - Laminate
  • No Living Levels: 1
  • Main Lo: AC0684
  • Main So: AN4339
  • Estimated Sq Ft: 1306.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 1/2 to 1 Mile
  • Roof Material: Rubber
  • Exterior: Brick

Garage/Parking

  • Parking Feature: Off-Street, Rented

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Cooling: Central Air, Individual, Unit Control
  • Cooling Zones: 1
  • Heating: Forced Air, Gas
  • Heat Zones: 1
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range

Condo/Co-op/Association

  • Fee Interval: Monthly
  • 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
  • HOA Fees: 577.00
  • Association Fee Includes: Water, Sewer, Master Insurance, Laundry Facilities, Elevator, Reserve Funds
  • Condo Association: Yes
  • Association Security: Intercom
  • Management: Professional - Off Site, Owner Association

Association/Amenities

  • Condominium Name: The Lofts at 7 Central

Lot Info

  • Assessments: 268800.00
  • Acre: 0.20
  • Lot Size: 8540.00
  • Page: 321
  • Parcel Number: M:082 B:624 L:010 S:018
  • Zoning: CBD

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Taxes: 3844.00
  • Assessor Parcel Number: 4630319

Multi Family

  • No Units: 22
  • No Units Owner Occ: 12

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
$389,451

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
6.89%
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 Type Sale Price Title Company
Quit Claim Deed $331,000 None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Deed $290,000 None Available
Quit Claim Deed $290,000 None Available
Quit Claim Deed $267,000 --
Deed $267,000 --
Deed -- --
Deed -- --
Quit Claim Deed -- --
Quit Claim Deed -- --
Deed $275,500 --
Deed $275,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $248,250 Purchase Money Mortgage
Previous Owner $14,500 Stand Alone Refi Refinance Of Original Loan
Previous Owner $212,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $220,400 Purchase Money Mortgage
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: 72615774

MLS Property Information Network (MLS PIN)

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