$282,000
SOLD APR 1, 2019

70 Exchange St Unit 203 Lynn, MA 01901

Downtown Lynn Neighborhood
1 Bed
1 Bath
1,145 Sq Ft
$426/mo HOA Fee

Recently Sold

$246 Per Sq Ft

6% Below List Price

11 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 December 2021

Exchange Lofts - steps to Commuter Rail, 17 minutes to Boston! 1 mile to ocean, 9.5 miles to Logan Airport, easy access to 1/1A/129/95. 1-2 bedroom industrial loft boasts 12' 6" ceilings, oversized windows, exposed ducts, cool vintage built-in, granite/stainless steel kitchen, modern bathroom with laundry, and hardwood floors. 2017 hot water heater, 2013 washer/dryer, and 2014 refrigerator and stove/range. Must haves: deeded parking, pet friendly, high owner occupancy, 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, popular restaurants, shops, pubs, cafes, brewery, farmer's market/community garden, grocery stores, theatre, library, museum, the arts, stunning architecture, and more! Lynn Woods is also not to be missed!

Last Agent to Sell the Property

Soraya Cacici

Nest Forward Listed on: 02/21/2019

Last Buyer's Agent

Soraya Cacici

Nest Forward Listed on: 02/21/2019

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,639

Year Built

  • Built in 1924

HOA Fees

  • $426 per month

Kitchen

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

Flooring

  • Wood
  • Tile

Laundry

  • 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:007

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,639

Year Built

Built in 1924

Lot Details

0

HOA Fees

$426 per month

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: 261.92
  • Comp Based On: Net Sale Price
  • Year Built: 1924
  • Lead Paint: Unknown
  • Unit Building: 203
  • Unit Level: 2
  • Unit Placement: Middle, Back
  • 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: 12X11
  • Full Bathrooms: 1
  • Bathroom 1: Dimension: 15X7
  • No Rooms: 2
  • Kitchen: Dimension: 15X13
  • Living Room: Dimension: 20X13
  • Other Room 1: Name: Entry Hall, Dimension: 19X6
  • Other Room 2: Name: Other, Dimension: 15X8
  • No Living Levels: 1
  • Main Lo: AC0684
  • Main So: AC0684
  • Estimated Sq Ft: 1145.00

Exterior Features

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

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: 426.00
  • Association Fee Includes: Water, Sewer, Master Insurance, Elevator, 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: 266700.00
  • Acre: 0.79
  • Lot Size: 34404.00
  • Page: 217
  • Parcel Number: M:082 B:597 L:015 S:007
  • Zoning: CBD

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Taxes: 4041.00
  • Assessor Parcel Number: 4438408

Multi Family

  • No Units: 14
  • No Units Owner Occ: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2021
Closed on
Dec 3, 2021
Sold by
Albernaz Ami and Rundqu Niklas
Bought by
Tavernier Latoya
Seller's Agent
Soraya Cacici
Nest Forward
Buyer's Agent
Darnell Billings
Keller Williams Realty Boston-Metro | Back Bay
List Price
$325,000
Sold Price
$300,000
Premium/Discount to List
-$25,000
-7.69%
Current Estimated Value
$373,018

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,018
Avg. Annual Appreciation
5.97%

Purchase Details

Listed on
Feb 21, 2019
Closed on
Mar 15, 2019
Sold by
Coder Kenneth J
Bought by
Albernaz Ami and Rundquist Niklas
Seller's Agent
Soraya Cacici
Nest Forward
Buyer's Agent
Soraya Cacici
Nest Forward
List Price
$299,900
Sold Price
$282,000
Premium/Discount to List
-$17,900
-5.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.32%
Original Mortgage
$239,700
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2010
Sold by
Fnma
Bought by
Coder Kenneth J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,850
Interest Rate
5.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 17, 2010
Sold by
Peake Carmela
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 19, 2004
Sold by
Prodigy Plus Inc
Bought by
Peake Richard E and Peake Carmela
Source: Public Records

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Range of Values:

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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
Not Resolvable $300,000 None Available
Not Resolvable $282,000 --
Deed $148,000 --
Foreclosure Deed $198,590 --
Deed $249,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $240,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $239,700 New Conventional
Previous Owner $50,000 Closed End Mortgage
Previous Owner $137,725 No Value Available
Previous Owner $139,850 Purchase Money Mortgage
Previous Owner $20,650 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2021 12/13/21 Sold $300,000 -7.7% $262 / Sq Ft
10/08/2021 10/08/21 Pending -- -- --
09/08/2021 09/08/21 For Sale $325,000 +15.2% $284 / Sq Ft
04/01/2019 04/01/19 Sold $282,000 -6.0% $246 / Sq Ft
03/04/2019 03/04/19 Pending -- -- --
02/21/2019 02/21/19 For Sale $299,900 0.0% $262 / Sq Ft
10/01/2017 10/01/17 Rented $1,800 0.0% --
09/12/2017 09/12/17 Under Contract -- -- --
08/31/2017 08/31/17 For Rent $1,800 -- --
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 $3,639 $351,300 $0 $351,300
2024 $3,808 $361,600 $0 $361,600
2023 $3,425 $307,200 $0 $307,200
2022 $3,796 $305,400 $0 $305,400
2021 $3,701 $284,000 $0 $284,000
2020 $3,972 $296,400 $0 $296,400
2019 $4,130 $288,800 $0 $288,800
2018 $4,219 $266,700 $0 $266,700
2017 $3,867 $247,900 $0 $247,900
2016 $2,495 $154,200 $0 $154,200
2015 $2,454 $146,500 $0 $146,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72455724

MLS Property Information Network (MLS PIN)

APN: LYNN-000082-000597-000015-000007-000007