$331,000
SOLD JUN 13, 2022

7 Central Square Unit 504 Lynn, MA 01901

Downtown Lynn Neighborhood
2 Beds
1 Bath
1,306 Sq Ft
$577/mo HOA Fee

Recently Sold

$253 Per Sq Ft

5 Days on Market

Highlights

  • Golf Course Community
  • 4-minute walk to Lynn
  • 0.2 Acre Lot
  • Medical Services
  • No Units Above
  • 1-minute walk to Lynn Heritage State Park

About This Home

As of June 2022

Welcome to The Lofts at 7 Central Square - steps to Commuter Rail, 20 minutes to Boston, or 35 minutes to Boston on Lynn's Commuter Ferry! 1 mile to the ocean, 9.5 miles to Logan Airport, easy access to 1/1A/129/95. This stunning penthouse has to offer high ceilings, a large style skylight in the living room, a skylight in the kitchen, a spacious L-shaped layout, oversized windows with views of Central Square's impressive architecture, pet friendly, and a very strong owner's association. With Boston prices soaring, Coastal Lynn offers a competitive edge of affordability and livability within 10 miles of Downtown Boston. 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!

Last Agent to Sell the Property

Michelle Fermin

Century 21 North East Listed on: 04/28/2022

Century 21 North East

Co-Listed By

Franklin Guzman

Century 21 North East

Last Buyer's Agent

The Persac Group

The Persac Group, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,441

Year Built

  • Built in 1903

HOA Fees

  • $577 Monthly HOA Fees

Home Design

  • Rubber Roof

Interior Spaces

  • 1,306 Sq Ft Home
  • 1-Story Property
  • Skylights
  • Intercom

Kitchen

  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Location

  • Property is near public transit
  • Property is near schools

Utilities

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

Additional Features

  • Level Entry For Accessibility
  • No Units Above

Listing and Financial Details

  • Assessor Parcel Number M:082 B:624 L:010 S:018,4625593

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, road maintenance, reserve funds
  • 22 Units
  • Mid-Rise Condominium
  • The Lofts At 7 Central Community

Amenities

  • Medical Services
  • Shops
  • Coin Laundry
  • Elevator

Recreation

  • Golf Course Community
  • Park
  • Jogging Path
  • Bike Trail

Pet Policy

  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,441

Year Built

Built in 1903

Lot Details

0

HOA Fees

$577 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Mid-Rise
  • Year Built: 1903
  • Buyer Agency: 2%
  • Buyer Agency Type: %
  • Entry Level: 5
  • Transaction Broker: 2%
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile, Laminate
  • Entry Location: Unit Placement(Front)
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Disposal,Microwave,Refrigerator,Freezer, Gas Water Heater, Utility Connections for Gas Range
  • Total Bedrooms: 2
  • Room Bedroom2 Features: Closet, Flooring - Wall to Wall Carpet
  • Room Bedroom2 Area: 130
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Closet, Flooring - Laminate
  • Room Master Bedroom Area: 195
  • Room Dining Room Features: Skylight, Closet, Flooring - Laminate
  • Room Dining Room Area: 546
  • Room Kitchen Features: Skylight, Flooring - Stone/Ceramic Tile
  • Room Kitchen Area: 99
  • Laundry Features: Common Area, In Building
  • Room Living Room Area: 546
  • Room Living Room Features: Skylight, Closet, Flooring - Laminate
  • Accessibility Features: Accessible Entrance
  • Living Area: 1306
  • Other Equipment: Intercom
  • Stories Total: 1
  • MAIN LO: AN4339
  • LIST PRICE PER Sq Ft: 252.6
  • PRICE PER Sq Ft: 253.45
  • MAIN SO: AN3373

Exterior Features

  • Common Walls: No One Above
  • Roof: Rubber
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Security Features: Intercom
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association Amenities: Laundry, Elevator(s)
  • Association Fee: 577
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station
  • UNIT BUILDING: 504
  • MANAGEMENT: Professional - Off Site, Owner Association
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Reserve Funds

Lot Info

  • Parcel Number: M:082 B:624 L:010 S:018,4625593
  • Zoning: CBD
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Size Sq Ft: 8712
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • LOT SIZE: 8540
  • PAGE: 322

Rental Info

  • Pets Allowed: Breed Restrictions

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3441
  • Tax Book Number: 38424

Multi Family

  • Number Of Units Total: 22
  • 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

Similar Homes in Lynn, MA

  • 50 S Common St Unit 104, Lynn, MA 01902

    $309,000

    • 1 Bed
    • 1 Bath
    • 850 Sq Ft
    • 50 S Common St
    • Unit 104
    • Lynn, MA

    OPEN HOUSE CANCELLED. OFFER ACCEPTED. Welcome to this beautifully updated 1-bedroom, 1-bath condo located in the vibrant heart of Lynn! This first-floor unit combines comfort, convenience, and modern style – perfect for budget friendly buyers, downsizers, or anyone looking for a low-maintenance lifestyle close to everything. Step inside and be greeted by a spacious open-concept living and dining

    Chris Charido RE/MAX Renaissance Inc.

    Section Image
  • 693 Western Ave Unit 104, Lynn, MA 01905

    $329,000

    • 1 Bed
    • 1 Bath
    • 685 Sq Ft
    • 693 Western Ave
    • Unit 104
    • Lynn, MA

    Luxury 1st Condo, built in 2019, low fees and low maintenance, 639 Western Avenue offers the perfect mixture of location and modern amenities. You will be just the 2nd owner of this conveniently located 1st floor condo that has been kept well maintained. There is plenty to like, this unit features an open floor plan, high ceilings, recess lighting, stainless steel appliances, granite, kitchen

    Adam Garcia A Brother's Real Estate Brokerage

    Section Image
  • 7 Central Square Unit 307, Lynn, MA 01901

    $325,000

    • 2 Beds
    • 2 Baths
    • 1,137 Sq Ft
    • 7 Central Square
    • Unit 307
    • Lynn, MA

    Welcome to 7 Central Sq #307, a beautifully updated top-floor 2 bed, 2 bath condo in the heart of Downtown Lynn. This bright and airy unit features high ceilings, oversized windows with custom shades, hardwood floors throughout, and a skylight over the kitchen that floods the space with natural light. Recent updates include renovated bathrooms, custom-built walk-in closets in both bedrooms, and a

    Eclipse Group Cameron Real Estate Group

    Section Image
  • 7 Central Square Unit 203, Lynn, MA 01901

    $299,900

    • 1 Bed
    • 1 Bath
    • 855 Sq Ft
    • 7 Central Square
    • Unit 203
    • Lynn, MA

    Welcome to your urban oasis in the heart of downtown Lynn! This stunning 1-bedroom, 1-bath condo blends modern style with unbeatable convenience. Soaring ceilings, an open-concept layout, and oversized windows fill the space with natural light, creating a bright and airy vibe you’ll love coming home to. Step outside and immerse yourself in city living—just a short stroll to trendy shops,

    The Reference Group Reference Real Estate

    Section Image
  • 170 Oxford St Unit 402, Lynn, MA 01901

    $395,000

    • 2 Beds
    • 1 Bath
    • 1,309 Sq Ft
    • 170 Oxford St
    • Unit 402
    • Lynn, MA

    INVESTORS OR OWNER OCCUPANTS - this two bedroom condo is an excellent opportunity. Boasting high ceilings and an open concept layout, the space feels both spacious AND inviting. Laundry in unit and extra storage in the basement - what more do you need? Heating system, hot water heater, and electric panel are all under 3 years old..all you have to do is move in! The separate walk-in closet (with

    Team Lillian Montalto Lillian Montalto Signature Properties

    Section Image
  • 170 Oxford St Unit 305, Lynn, MA 01901

    $399,000

    • 2 Beds
    • 1 Bath
    • 1,110 Sq Ft
    • 170 Oxford St
    • Unit 305
    • Lynn, MA

    Sleek and modern loft living in this updated two bedroom, one bathroom condo ideally situated in a professionally managed elevator building. The home boasts high ceilings, exposed beams and ductwork, and oversized windows overlooking Munroe Street that let the sunshine flow into the space. Ideally located just a few minutes from the MBTA Commuter Rail (Purple Line) and directly across the street

    Anthony Bruno Gibson Sotheby's International Realty

    Section Image
  • 49 Munroe St Unit 201, Lynn, MA 01901

    $380,000

    • 1 Bed
    • 1 Bath
    • 1,198 Sq Ft
    • 49 Munroe St
    • Unit 201
    • Lynn, MA

    This spacious corner-unit loft is the one you’re looking for. Super-high ceilings and two walls of huge windows flood the unit with natural light, while exposed ductwork and beams give it a true industrial feel. The open kitchen is updated with stainless steel appliances and granite countertops, and the gleaming hardwood floors cover the entirety of the unit, except for the tiled full bathroom

    Paul Reeves Coldwell Banker Realty - Newton

    Section Image
  • 49 Munroe St Unit 405, Lynn, MA 01901

    $319,900

    • 1 Bed
    • 1 Bath
    • 780 Sq Ft
    • 49 Munroe St
    • Unit 405
    • Lynn, MA

    Hard to find affordability/incredible value await the next owner of this coastal-urban gem. Strong HOA, healthy financials, high owner occupancy, pet friendly! Magazine worthy design elevates this spectacular top-floor brick-&-beam industrial loft w/soaring 18’ exposed beamed ceilings+updated kitchen and bathroom+expansive oversized windows for exceptional natural light+original factory wood

    Soraya Cacici Nest Forward

    Section Image
  • 13 Nahant St Unit 4D, Lynn, MA 01902

    $285,000

    • 1 Bed
    • 1 Bath
    • 442 Sq Ft
    • 13 Nahant St
    • Unit 4D
    • Lynn, MA

    New construction one-bedroom condominium in Lynn’s Diamond district. With every detail carefully considered, this one-bedroom offers the perfect blend of comfort, functionality and style. Large windows providing ample sunlight, 9 ft. celling's, soft close cabinetry, stone counter tops, beautifully tiled luxury bathrooms, in-unit laundry hookup, stainless steel appliances, elevator, intercom

    Jenna DeRose NextGen Realty, Inc.

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

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

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

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72973480

MLS Property Information Network (MLS PIN)

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