$267,000
SOLD JAN 9, 2018

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

$204 Per Sq Ft

9% Below List Price

65 Days on Market

About This Home

As of June 2022

The Lofts at Central Square - steps to Commuter Rail, 20 minutes to Boston, or 35 minutes to Boston on Lynn's Commuter Ferry! 1 mile to 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, 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. 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/murals, and much more! Lynn Woods is also not to be missed!

Last Agent to Sell the Property

Soraya Cacici

Nest Forward Listed on: 10/13/2017

Last Buyer's Agent

Caroline Staudt

Compass License #449550508

Compass

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,395

Year Built

1903

Lot Details

0

Listing Details

  • Unit Level: 5
  • Unit Placement: Top/Penthouse, Front
  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Mid-Rise
  • Other Agent: 2.50
  • 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
  • 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, Other (See Remarks)
  • Flooring: Tile, Laminate
  • Bedroom 2: First Floor, 10X13
  • Bathroom #1: First Floor
  • Kitchen: First Floor, 9X11
  • Laundry Room: First Floor
  • Living Room: First Floor, 13X42
  • Master Bedroom: First Floor, 13X15
  • Master Bedroom Description: Closet, Flooring - Wall to Wall Carpet
  • Dining Room: First Floor, 13X42
  • No Bedrooms: 2
  • Full Bathrooms: 1
  • No Living Levels: 1
  • Main Lo: AC0684
  • Main So: AN0122

Exterior Features

  • Exterior: Brick
  • Beach Ownership: Public

Garage/Parking

  • Parking: Off-Street, 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
  • Management: Professional - Off Site, Owner Association
  • Pets Allowed: Yes w/ Restrictions
  • No Units: 22
  • Unit Building: 504

Fee Information

  • Fee Interval: Monthly

Lot Info

  • Assessor Parcel Number: M:082 B:624 L:010 S:018
  • Zoning: CBD
  • Acre: 0.20
  • Lot Size: 8598.00

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

  • Michelle Fermin

    Seller's Agent in 2022

    Michelle Fermin

    Century 21 North East

    (978) 423-6545

    1 in this area

    1,127 Total Sales

    Michelle Fermin
    Section Image
  • The Persac Group

    Seller's Agent in 2022

    The Persac Group

    The Persac Group, LLC

    (617) 285-0727

    1 in this area

    111 Total Sales

    The Persac Group
    Section Image
  • Franklin Guzman

    Seller Co-Listing Agent in 2022

    Franklin Guzman

    Century 21 North East

    (978) 902-9407

    1 in this area

    27 Total Sales

    Franklin Guzman
    Section Image

  • S

    Seller's Agent in 2020

    Soraya Cacici

    Nest Forward

    Section Image

  • C

    Seller's Agent in 2018

    Caroline Staudt

    Compass

    Section Image
  • Jacqueline Polimeni

    Buyer's Agent in 2018

    Jacqueline Polimeni

    Coldwell Banker Realty - Marblehead

    (781) 929-8535

    26 Total Sales

    Jacqueline Polimeni
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72242469

MLS Property Information Network (MLS PIN)

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

Massachusetts Essex County Lynn 01901 Downtown Lynn

7 Central Square Unit 504, Lynn, MA

This home is located at 7 Central Square Unit 504, Lynn, MA 01901 and is currently priced at $267,000, approximately $204 per square foot. This property was built in 1903. 7 Central Square Unit 504 is a home located in Essex County with nearby schools including E.J. Harrington School, William R. Fallon School, and Fecteau-Leary Junior/Senior High School.

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.

MLS Property Information Network (MLS PIN) 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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