$285,000
SOLD AUG 14, 2015

70 Exchange St Unit 206 Lynn, MA 01901

Downtown Lynn Neighborhood
2 Beds
1 Bath
1,460 Sq Ft
0.79 Acres

Recently Sold

$195 Per Sq Ft

9% Below List Price

161 Days on Market

About This Home

As of April 2022

Featured in Dwell! Watch the video! The Downtown Lynn Cultural District is a compelling location for Boston commuters, within steps to the Commuter Rail for a 20 minute train ride to Boston. Live a city lifestyle for less in this developing neighborhood of restaurants, cafes, community garden/farmer's market, arts/culture and impressive 19th century architecture! 1 mile to ocean, 9.5 miles to Logan Airport, easy access to Rt 1/1A/129/95. Natural light floods in through 11 oversized windows of this loft. Soaring 13' ceilings offer incredible potential for 2nd level. Dominating the space is the Z-Box, an ingenious 10'x12' freestanding room fusing beautiful design with a sleeping alcove - by architect, Dan Hisel. Tucked away is a guest bedroom/office, formally a vault - a well preserved remnant of the building's past. Brand new kitchen/bath, punctuated with sleek & modern finishes. In-unit washer/dryer, deeded parking, exposed bricks/ducts, 2 ornamental fireplaces and hardwood floors!

Last Agent to Sell the Property

Soraya Cacici

Nest Forward Listed on: 03/06/2015

Last Buyer's Agent

Hung Tran

Town Hall Realty, Inc.

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,923

Year Built

1924

Lot Details

0

Listing Details

  • Unit Level: 2
  • Unit Placement: End, Middle, Corner
  • Other Agent: 2.00
  • 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: 3
  • 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
  • Bedroom 2: First Floor
  • Kitchen: First Floor
  • Laundry Room: First Floor
  • Living Room: First Floor
  • Master Bedroom: First Floor
  • Master Bedroom Description: Flooring - Wall to Wall Carpet
  • Dining Room: First Floor
  • Family Room: First Floor

Exterior Features

  • Construction: Brick, Stone/Concrete
  • Exterior: Stone

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

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: 206

Lot Info

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

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

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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 $285,000 --
Deed $310,000 --
Deed $330,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $285,000 New Conventional
Closed $285,000 No Value Available
Previous Owner $310,000 Purchase Money Mortgage
Previous Owner $313,500 Purchase Money Mortgage
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

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71798279

MLS Property Information Network (MLS PIN)

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