NOT LISTED FOR SALE

70 Exchange St Unit 202 Lynn, MA 01901

Downtown Lynn Neighborhood

Estimated Value: $297,203 - $335,000

1 Bed
1 Bath
681 Sq Ft
0.79 Acres

Last Sold November 24, 2020

Last sale price $249,000 $366 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,957/month

17 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating and Cooling System
  • 2-minute walk to Lynn Heritage State Park

About This Home

As of November 2020

This well maintained industrial inspired unit at Exchange Lofts boasts a spacious and versatile open floor plan with a separate private sleeping area, 12' 6" ceilings, oversized windows pouring in natural light, exposed ducts, hardwood floors, granite/stainless steel kitchen, in-unit washer/dryer, large bathroom with tub/shower, lots of storage, and a custom built floor-to-ceiling storage unit. Steps to Commuter Rail, two stops to Boston! A quarter of a mile to the ocean. 9.5 miles to Logan Airport, easy access to 1/1A/129/95. Pet friendly. Deeded parking. Strong owner occupancy and owners' association. Coastal Lynn offers a competitive edge of affordability and livability within ten miles to Downtown Boston. Downtown Lynn's vibrant growing scene offers walkability, popular restaurants, shops, pubs, cafes, brewery, farmer’s market, community gardens, grocery stores, theatre, library, museum, world class public art, stunning architecture, and more! Lynn Woods is also not to be missed.

Last Agent to Sell the Property

Soraya Cacici

Nest Forward Listed on: 10/12/2020

Last Buyer's Agent

Shirley Sarpi

CSA Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,680

Year Built

  • Built in 1924

Lot Details

  • 0.79

Kitchen

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

Flooring

  • Wood
  • Tile

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

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

Community Details

  • Call for details about the types of pets allowed

Listing and Financial Details

  • Assessor Parcel Number M:082 B:597 L:015 S:006

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,680

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Mid-Rise, Loft
  • Other Agent: 2.50
  • Handicap Access: Yes
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 362.70
  • Comp Based On: Net Sale Price
  • Year Built: 1924
  • Lead Paint: Unknown
  • Unit Building: 202
  • Unit Level: 2
  • Unit Placement: End, Middle, Front
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1924

Interior Features

  • Flooring: Wood, Tile
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
  • No Bedrooms: 1
  • Master Bedroom: Dimension: 7X11, Bathroom - Full, Closet, Flooring - Hardwood, Recessed Lighting
  • Full Bathrooms: 1
  • Bathroom 1: Dimension: 9X7.7, Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Hardwood, Dryer Hookup - Gas, Recessed Lighting, Washer Hookup
  • No Rooms: 1
  • Kitchen: Dimension: 9X9.2, Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Open Floor Plan, Recessed Lighting, Stainless Steel Appliances, Gas Stove, Lighting - Overhead
  • Laundry Features: In Unit
  • Living Room: Dimension: 18.8X20.5, Ceiling Fan(s), Closet/Cabinets - Custom Built, Flooring - Hardwood, Open Floor Plan, Recessed Lighting, Lighting - Overhead, Decorative Molding
  • No Living Levels: 1
  • Main Lo: AC0684
  • Main So: NB3135
  • Estimated Sq Ft: 681.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 3/10 to 1/2 Mile
  • Construction: Brick, Stone/Concrete, Post & Beam
  • Roof Material: Rubber
  • Exterior: Brick, Stone

Garage/Parking

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

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 100 Amps
  • Cooling: Central Air, Individual, Unit Control
  • Cooling Zones: 1
  • Heating: Forced Air, Gas
  • Heat Zones: 1
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Electric Dryer

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf Course, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
  • HOA Fees: 340.00
  • Association Fee Includes: Water, Sewer, Master Insurance, Elevator, Landscaping, Snow Removal, Refuse Removal, Reserve Funds
  • Condo Association: Yes
  • Association Security: Intercom
  • Management: Professional - Off Site, Owner Association

Association/Amenities

  • Condominium Name: Exhange Lofts

Lot Info

  • Assessments: 218900.00
  • Acre: 0.79
  • Lot Size: 34404.00
  • Page: 394
  • Parcel Number: M:082 B:597 L:015 S:006
  • Zoning: CBD

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Taxes: 2933.00
  • Assessor Parcel Number: 4421324
  • Tax Year: 2020

Multi Family

  • No Units: 14
  • No Units Owner Occ: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2020
Closed on
Nov 6, 2020
Sold by
Gosselin Valerie
Bought by
Brahm Richard S
Seller's Agent
Soraya Cacici
Nest Forward
Buyer's Agent
Shirley Sarpi
CSA Realty
List Price
$304,900
Sold Price
$249,000
Premium/Discount to List
-$55,900
-18.33%
Current Estimated Value
$313,051

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,051
Avg. Annual Appreciation
4.36%

Purchase Details

Closed on
Nov 29, 2004
Sold by
Prodigy Plus Inc
Bought by
Gosselin Valerie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Brahm Richard S $249,000 None Available
Gosselin Valerie $200,750 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gosselin Valerie $109,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2020 11/24/20 Sold $249,000 +0.8% $366 / Sq Ft
10/29/2020 10/29/20 Pending -- -- --
10/27/2020 10/27/20 Price Changed $247,000 -14.8% $363 / Sq Ft
10/19/2020 10/19/20 Price Changed $289,900 -4.9% $426 / Sq Ft
10/12/2020 10/12/20 For Sale $304,900 0.0% $448 / Sq Ft
09/21/2019 09/21/19 Rented $1,700 0.0% --
09/18/2019 09/18/19 Under Contract -- -- --
09/05/2019 09/05/19 For Rent $1,700 +3.0% --
06/27/2017 06/27/17 Rented $1,650 0.0% --
05/23/2017 05/23/17 For Rent $1,650 +10.0% --
09/01/2015 09/01/15 Rented $1,500 0.0% --
08/02/2015 08/02/15 Under Contract -- -- --
06/15/2015 06/15/15 For Rent $1,500 +7.1% --
09/25/2014 09/25/14 Rented $1,400 -6.7% --
09/25/2014 09/25/14 For Rent $1,500 -- --
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 $2,680 $258,700 $0 $258,700
2024 $2,807 $266,600 $0 $266,600
2023 $2,528 $226,700 $0 $226,700
2022 $2,846 $229,000 $0 $229,000
2021 $2,728 $209,400 $0 $209,400
2020 $2,933 $218,900 $0 $218,900
2019 $3,046 $213,000 $0 $213,000
2018 $3,037 $197,200 $0 $197,200
2017 $2,788 $178,700 $0 $178,700
2016 $1,815 $112,200 $0 $112,200
2015 $1,792 $107,000 $0 $107,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72741507

MLS Property Information Network (MLS PIN)

APN: LYNN-000082-000597-000015-000006-000006