NOT LISTED FOR SALE

70 Exchange St Unit 206 Lynn, MA 01901

Downtown Lynn Neighborhood

Estimated Value: $438,000 - $478,000

2 Beds
1 Bath
1,406 Sq Ft
$474/mo HOA Fee

Last Sold April 21, 2022

Last sale price $419,900 $299 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,322/month

6 Days on Market

Highlights

  • Marina
  • Medical Services
  • 0.79 Acre Lot
  • Golf Course Community
  • Waterfront
  • 2-minute walk to Lynn Heritage State Park

About This Home

As of April 2022

Stunning! Rarely available corner loft w/deed parking! Beautiful front-facing creatively designed unit, once featured in Dwell Magazine and as a back drop of an Indie film, is outfitted with exposed brick, walnut stained hardwoods, and numerous industrial elements. Grand flexible open floorplan flanked by a marble fireplace and soaring 13ft ceilings provides the perfect back drop for entertaining. Dynamic plan allows for up to 3 distinct sleeping quarters and multiple work from home spaces. Architecturally designed 10x12 Z-box sleeping alcove & retro vault room complete with industrial steel vault doors provides unique upper level sleeping quarters and office/guestroom. New in-unit washer & dryer & attic storage completes this city oasis. Fantastic Downtown Lynn Cultural District location provides direct access to trendy local coffee shops, restaurants, beaches while only a block to commuter rail that is two stops to Boston. Exceptional value and opportunity to own this cool gem!

Last Agent to Sell the Property

Delince Louis

Redfin Corp. Listed on: 02/16/2022

Redfin Corp.

Last Buyer's Agent

Jessica Witter

Compass

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,970

Year Built

  • Built in 1924 | Remodeled

Lot Details

  • Waterfront
  • End Unit
  • Two or More Common Walls

HOA Fees

  • $474 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Stone

Interior Spaces

  • 1,406 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Family Room with Fireplace
  • Dining Room with Fireplace
  • Intercom

Kitchen

  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 1 Car Parking Space
  • Off-Street Parking
  • Deeded Parking
  • Assigned Parking

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
  • Walking Distance to Water

Listing and Financial Details

  • Assessor Parcel Number M:082 B:597 L:015 S:010,4510787

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, reserve funds
  • 14 Units
  • Mid-Rise Condominium
  • Exchange Street Lofts Community

Amenities

  • Medical Services
  • Shops

Recreation

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,970

Year Built

Built in 1924 | Remodeled

Lot Details

0

HOA Fees

$474 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Mid-Rise
  • Year Built: 1924
  • Buyer Agency: 2.5
  • Buyer Agency Type: %
  • Entry Level: 2
  • Transaction Broker: 0
  • 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: Wood
  • Fireplace Features: Dining Room, Family Room
  • Fireplace YN: Yes
  • Appliances: Range,Dishwasher,Disposal,Microwave,Refrigerator,Washer,Dryer, Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Dryer
  • Total Bedrooms: 2
  • Room Bedroom2 Level: First
  • Room Bedroom2 Features: Flooring - Wall to Wall Carpet
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Flooring - Wall to Wall Carpet
  • Room Master Bedroom Level: First
  • Master Bathroom Features: No
  • Bathroom 1 Level: First
  • Room Dining Room Features: Ceiling Fan(s), Flooring - Wood, Open Floorplan
  • Room Dining Room Level: First
  • Room Family Room Level: First
  • Room Family Room Features: Flooring - Wood
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Wood, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Cabinets - Upgraded, Dryer Hookup - Electric, Open Floorplan, Recessed Lighting, Remodeled, Stainless Steel Appliances, Washer Hookup, Peninsula
  • Laundry Features: Electric Dryer Hookup, Washer Hookup, First Floor, In Unit
  • Room Living Room Level: First
  • Room Living Room Features: Ceiling Fan(s), Flooring - Wood, Open Floorplan
  • Accessibility Features: Accessible Entrance
  • Living Area: 1406
  • Stories Total: 1
  • MAIN LO: AN2383
  • LIST PRICE PER Sq Ft: 298.65
  • PRICE PER Sq Ft: 298.65
  • MAIN SO: AN2383

Exterior Features

  • Common Walls: End Unit, 2+ Common Walls, Corner
  • Construction Materials: Brick, Stone
  • Waterfront Features: Beach Front, Ocean, Walk to, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: Yes

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street, Assigned, Deeded
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Dryer
  • Cooling: Central Air, Individual, Unit Control
  • 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 Fee: 474
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
  • UNIT BUILDING: 206
  • MANAGEMENT: Professional - Off Site
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Parcel Number: M:082 B:597 L:015 S:010,4510787
  • Zoning: CBD
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.79
  • Lot Size Area: 0.79
  • Lot Size Sq Ft: 34412.4
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • LOT SIZE: 34404
  • PAGE: 602
  • OUTDOOR SPACE AVAILABLE: No

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3970
  • Tax Book Number: 34299

Multi Family

  • Number Of Units Total: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2015
Closed on
Aug 14, 2015
Sold by
Moreno Grace R and Moreno-Fry Graciela R
Bought by
Morquette Nadia P
Seller's Agent
Soraya Cacici
Nest Forward
Buyer's Agent
Hung Tran
Town Hall Realty, Inc.
List Price
$314,900
Sold Price
$285,000
Premium/Discount to List
-$29,900
-9.5%
Current Estimated Value
$455,272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,272
Avg. Annual Appreciation
4.84%
Original Mortgage
$285,000
Outstanding Balance
$226,350
Interest Rate
4.08%
Mortgage Type
New Conventional
Estimated Equity
$228,922

Purchase Details

Closed on
Apr 30, 2007
Sold by
Fathman Janis and Fathman Robert L
Bought by
Moreno Grace R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 6, 2004
Sold by
Prodigy Plus Inc
Bought by
Fathman Robert L and Lemke Janis A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,500
Interest Rate
5.39%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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 Buyer Sale Price Title Company
Morquette Nadia P $285,000 --
Moreno Grace R $310,000 --
Fathman Robert L $330,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morquette Nadia P $285,000
Closed Morquette Nadia P $285,000
Previous Owner Fathman Robert L $310,000
Previous Owner Fathman Robert L $313,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2022 04/21/22 Sold $419,900 +0.2% $299 / Sq Ft
02/23/2022 02/23/22 Pending -- -- --
02/16/2022 02/16/22 For Sale $419,000 +47.0% $298 / Sq Ft
08/14/2015 08/14/15 Sold $285,000 0.0% $195 / Sq Ft
06/02/2015 06/02/15 Off Market $285,000 -- --
05/15/2015 05/15/15 Price Changed $299,000 -3.5% $205 / Sq Ft
04/27/2015 04/27/15 Price Changed $310,000 -1.6% $212 / Sq Ft
03/06/2015 03/06/15 For Sale $314,900 -- $216 / 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 $3,923 $378,700 $0 $378,700
2024 $4,106 $389,900 $0 $389,900
2023 $3,634 $325,900 $0 $325,900
2022 $4,073 $327,700 $0 $327,700
2021 $3,970 $304,700 $0 $304,700
2020 $4,260 $317,900 $0 $317,900
2019 $4,430 $309,800 $0 $309,800
2018 $4,450 $286,000 $0 $286,000
2017 $4,360 $279,500 $0 $279,500
2016 $3,361 $207,700 $0 $207,700
2015 -- $197,200 $0 $197,200
Source: Public Records

Agents Affiliated with this Home

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

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72943514

MLS Property Information Network (MLS PIN)

APN: LYNN-000082-000597-000015-000010-000010