Seller's Agent in 2022
Michelle Fermin
Century 21 North East
(978) 423-6545
1 in this area
1,127 Total Sales
7 Central Square Unit 504 Lynn, MA 01901
Downtown Lynn Neighborhood
2
Beds
1
Bath
1,306
Sq Ft
$577/mo
HOA Fee
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 2022Welcome 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!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,441
Year Built
- Built in 1903
HOA Fees
- $577 Monthly HOA Fees
Home Design
- Entry on the 5th floor
- Rubber Roof
Interior Spaces
- 1,306 Sq Ft Home
- 1-Story Property
- Skylights
- Intercom
Kitchen
- Range
- 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
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
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
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 | $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
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
-
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
-
Franklin Guzman
Seller Co-Listing Agent in 2022
Franklin Guzman
Century 21 North East
(978) 902-9407
1 in this area
27 Total Sales
-
S
Seller's Agent in 2020
Soraya Cacici
Nest Forward
-
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
26 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72973480
APN: LYNN-000082-000624-000010-000018-000018
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.
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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