$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
$467,364

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,364
Avg. Annual Appreciation
5.01%
Original Mortgage
$285,000
Outstanding Balance
$225,746
Interest Rate
4.08%
Mortgage Type
New Conventional
Estimated Equity
$241,938

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:

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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 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
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

  • Jessica Witter

    Buyer's Agent in 2022

    Jessica Witter

    Compass

    (508) 776-6636

    1 in this area

    248 Total Sales

    Jessica Witter
    Section Image

  • S

    Seller's Agent in 2015

    Soraya Cacici

    Nest Forward

    Section Image

  • H

    Buyer's Agent in 2015

    Hung Tran

    Town Hall Realty, Inc.

    (617) 959-7951

    30 Total Sales

    Hung Tran
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71798279

MLS Property Information Network (MLS PIN)

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

Massachusetts Essex County Lynn 01901 Downtown Lynn

70 Exchange St Unit 206, Lynn, MA

This home is located at 70 Exchange St Unit 206, Lynn, MA 01901 and is currently priced at $285,000, approximately $195 per square foot. This property was built in 1924. 70 Exchange St Unit 206 is a home located in Essex County with nearby schools including E.J. Harrington School, William R. Fallon School, and Fecteau-Leary Junior/Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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