NOT LISTED FOR SALE

70 Exchange St Unit 201 Lynn, MA 01901

Downtown Lynn Neighborhood

Estimated Value: $340,000 - $472,000

1 Bed
1 Bath
976 Sq Ft
0.79 Acres

Last Sold March 31, 2016

Last sale price $257,000 $263 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $2,287/month

55 Days on Market

About This Home

As of March 2016

Think you know Lynn? Think again! As interest in this vibrant neighborhood increases, opportunities like this should not be missed. A stone's throw to the Commuter Rail and two stops to North Station, this wide open loft space offers a compelling location for Boston commuters. Less than one mile to the ocean! Natural light floods through massive windows+soaring 12' 5" ceilings+exposed ducts+hardwood floors+modern eat-in kitchen w/granite & stainless steel appliances overlooks a sprawling living/dining room+stylish bathroom w/bathtub+in-unit washer/dryer+one deeded off-street parking space, all in a high owner occupancy, well-managed building that meets conventional financing guidelines. This unit could easily convert to a two bedroom. Pets allowed! Award-winning restaurants, cafes, community garden/farmer's market, arts/theatre, 19th century architecture, 9.5 miles to Logan Airport and easy access to Rt. 1/1A/129/95. Excellent neighborhood and owner's associations.

Last Agent to Sell the Property

Soraya Cacici

Nest Forward Listed on: 01/07/2016

Last Buyer's Agent

Herman Davis

Metro North Realty, LLC

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,376

Year Built

1924

Lot Details

0

Listing Details

  • Unit Level: 2
  • Unit Placement: End, Middle, Corner
  • Property Type: Condominium/Co-Op
  • Other Agent: 3.00
  • Handicap Access: Yes
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1924

Interior Features

  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer
  • Has Basement: No
  • Number of Rooms: 1
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf Course, Medical Facility, Bike Path, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University, Other (See Remarks)
  • Flooring: Wood
  • Master Bedroom Description: Flooring - Hardwood
  • No Living Levels: 1

Exterior Features

  • Roof: Rubber
  • Construction: Brick, Stone/Concrete
  • Exterior: Brick, Stone
  • Beach Ownership: Public

Garage/Parking

  • Parking: Off-Street, Assigned, Deeded
  • Parking Spaces: 1

Utilities

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

Condo/Co-op/Association

  • Condominium Name: Exchange Street Lofts
  • Association Fee Includes: Water, Sewer, Master Insurance, Laundry Facilities, Elevator
  • Association Security: Intercom
  • Management: Professional - Off Site
  • Pets Allowed: Yes
  • No Units: 14
  • Unit Building: 201

Fee Information

  • Fee Interval: Monthly

Lot Info

  • Assessor Parcel Number: M:082 B:597 L:015 S:005
  • Zoning: CBD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 27, 2022
Sold by
Miller John
Bought by
Kendricken Lisa
Current Estimated Value
$378,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,750
Outstanding Balance
$331,823
Interest Rate
5.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$39,131

Purchase Details

Listed on
Jan 7, 2016
Closed on
Mar 31, 2016
Sold by
Ubert Kathleen A
Bought by
Miller John
Seller's Agent
Soraya Cacici
Nest Forward
Buyer's Agent
Herman Davis
Metro North Realty, LLC
List Price
$259,900
Sold Price
$257,000
Premium/Discount to List
-$2,900
-1.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.94%
Original Mortgage
$231,300
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 2005
Sold by
Hein Douglas J
Bought by
Ubert Kathleen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 31, 2004
Sold by
Prodigy Plus Inc
Bought by
Hein Douglas J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
6.02%
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 Buyer Sale Price Title Company
Kendricken Lisa $365,000 None Available
Miller John $257,000 --
Ubert Kathleen A $240,000 --
Hein Douglas J $228,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kendricken Lisa $346,750
Previous Owner Miller John $231,300
Previous Owner Hein Douglas J $175,000
Previous Owner Hein Douglas J $192,000
Previous Owner Hein Douglas J $36,000
Previous Owner Hein Douglas J $88,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2016 03/31/16 Sold $257,000 0.0% $263 / Sq Ft
03/02/2016 03/02/16 Pending -- -- --
02/29/2016 02/29/16 Off Market $257,000 -- --
01/16/2016 01/16/16 Pending -- -- --
01/07/2016 01/07/16 Price Changed $264,900 +1.9% $271 / Sq Ft
01/07/2016 01/07/16 For Sale $259,900 0.0% $266 / Sq Ft
09/09/2012 09/09/12 Rented $1,300 -7.1% --
09/09/2012 09/09/12 For Rent $1,400 -- --
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 $3,376 $325,900 $0 $325,900
2024 $3,531 $335,300 $0 $335,300
2023 $3,174 $284,700 $0 $284,700
2022 $3,561 $286,500 $0 $286,500
2021 $3,472 $266,500 $0 $266,500
2020 $3,728 $278,200 $0 $278,200
2019 $3,875 $271,000 $0 $271,000
2018 $4,027 $250,300 $0 $250,300
2017 $3,825 $245,200 $0 $245,200
2016 $2,471 $152,700 $0 $152,700
2015 $2,430 $145,100 $0 $145,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71946447

MLS Property Information Network (MLS PIN)

APN: LYNN-000082-000597-000015-000005-000005