7 Central Square Unit 504 Lynn, MA 01901
Downtown Lynn Neighborhood
2
Beds
1
Bath
1,306
Sq Ft
8,712
Sq Ft Lot
About This Home
As of June 2022The 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 Buyer's Agent
Caroline Staudt
Compass License #449550508
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
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
Similar Homes in Lynn, MA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Not Resolvable | $290,000 | None Available | |
| Not Resolvable | $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
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
1,130 Total Sales
-
The Persac Group
Seller's Agent in 2022
The Persac Group
The Persac Group, LLC
(617) 285-0727
1 in this area
121 Total Sales
-
Franklin Guzman
Seller Co-Listing Agent in 2022
Franklin Guzman
Century 21 North East
(978) 902-9407
1 in this area
26 Total Sales
-
Soraya Cacici
Seller's Agent in 2020
Soraya Cacici
Nest Forward
(781) 572-8725
10 in this area
39 Total Sales
-
C
Seller's Agent in 2018
Caroline Staudt
Compass
-
Jacqueline Polimeni
Buyer's Agent in 2018
Jacqueline Polimeni
Coldwell Banker Realty - Marblehead
(781) 929-8535
25 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72242469
APN: LYNN-000082-000624-000010-000018-000018
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