NOT LISTED FOR SALE

70 Exchange St Unit 301 Lynn, MA 01901

Downtown Lynn Neighborhood

Estimated Value: $331,000 - $385,000

1 Bed
1 Bath
960 Sq Ft
$478/mo HOA Fee

Last Sold October 06, 2023

Last sale price $330,000 $344 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,655/month

15 Days on Market

Highlights

  • 0.79 Acre Lot
  • Wood Flooring
  • Elevator
  • Property is near public transit
  • Corner Lot
  • 2-minute walk to Lynn Heritage State Park

About This Home

As of October 2023

The Exchange Lofts. This living area is open and inviting, perfect for entertaining guests or simply relaxing. The hardwood flooring adds a touch of elegance and is easy to maintain. The kitchen is modern and well-equipped with stainless steel appliances, including a refrigerator, oven, dishwasher, and microwave. The sleek design and ample counter space make cooking and meal preparation a breeze. One of the highlights of this condo is the high ceilings, which create a sense of openness and spaciousness. The natural lighting that fills the space adds to the overall bright and airy feel. The bedroom is cozy and comfortable, with plenty of room for a queen or king-sized bed and additional furniture. The large windows allow plenty of natural light to filter in during the day. Nahant Beach, Lynn Woods, restaurants, and stores are in close to proximity. Schedule your appointment today!

Last Agent to Sell the Property

PHAEDRA UDOR

MIG Listed on: 08/23/2023

Last Buyer's Agent

Jack Murphy

Compass

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,167

Year Built

  • Built in 1924

Lot Details

  • 0.79

HOA Fees

  • $478 Monthly HOA Fees

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 960 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Intercom

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

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

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number M:082 B:597 L:015 S:011,4465955

Community Details

Overview

  • Association fees include water, sewer, insurance, ground maintenance, snow removal, reserve funds
  • 14 Units
  • Mid-Rise Condominium

Amenities

  • Coin Laundry
  • Elevator

Recreation

  • Park
  • Bike Trail

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,167

Year Built

Built in 1924

Lot Details

0

HOA Fees

$478 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Mid-Rise
  • Year Built: 1924
  • Buyer Agency: 2
  • Entry Level: 3
  • Transaction Broker: 1
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Wood
  • Fireplace YN: No
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: N
  • Living Area: 960
  • Spa YN: No
  • Stories Total: 1
  • MAIN LO: AC1495
  • LIST PRICE PER Sq Ft: 343.75
  • PRICE PER Sq Ft: 343.75
  • MAIN SO: AN2383

Exterior Features

  • Common Walls: Corner
  • Home Warranty YN: No
  • Waterfront Features: Beach Front, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Electric
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Security Features: Intercom
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Elevator(s)
  • Association Fee: 478
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Park, Laundromat, Bike Path, Highway Access, University
  • Senior Community YN: No
  • UNIT BUILDING: 301A
  • MANAGEMENT: Professional - Off Site
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Grounds, Snow Removal, Reserve Funds

Lot Info

  • Parcel Number: M:082 B:597 L:015 S:011,4465955
  • Zoning: CBD
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.79
  • Lot Size Area: 0.79
  • Lot Size Sq Ft: 34404
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • PAGE: 21
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3167
  • Tax Book Number: 37963

Multi Family

  • Number Of Units Total: 14
  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2019
Closed on
Oct 24, 2019
Sold by
Guerreo Omar
Bought by
Melendez Angel C
Seller's Agent
Soraya Cacici
Nest Forward
Buyer's Agent
Natasha Noshirwani
M&A Real Estate
List Price
$289,900
Sold Price
$274,900
Premium/Discount to List
-$15,000
-5.17%
Total Days on Market
15
Current Estimated Value
$357,808

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,908
Avg. Annual Appreciation
4.55%
Original Mortgage
$184,900
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 11, 2010
Sold by
Callahan Jill and Rowland Larry
Bought by
Guerreo Omar

Purchase Details

Closed on
Apr 20, 2004
Sold by
Prodigy Plus Inc
Bought by
Callahan Jill M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,800
Interest Rate
5.58%
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
Melendez Angel C $274,900 --
Guerreo Omar $90,000 --
Callahan Jill M $204,750 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Melendez Angel C $184,900
Previous Owner Callahan Jill M $163,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2023 10/06/23 Sold $330,000 0.0% $344 / Sq Ft
09/08/2023 09/08/23 Pending -- -- --
08/23/2023 08/23/23 For Sale $330,000 +20.0% $344 / Sq Ft
10/24/2019 10/24/19 Sold $274,900 -3.5% $286 / Sq Ft
09/13/2019 09/13/19 Pending -- -- --
08/22/2019 08/22/19 Price Changed $284,900 -1.7% $297 / Sq Ft
07/13/2019 07/13/19 For Sale $289,900 -- $302 / 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 $3,363 $324,600 $0 $324,600
2024 $3,519 $334,200 $0 $334,200
2023 $3,167 $284,000 $0 $284,000
2022 $3,366 $270,800 $0 $270,800
2021 $3,284 $252,000 $0 $252,000
2020 $3,473 $259,200 $0 $259,200
2019 $3,609 $252,400 $0 $252,400
2018 $3,905 $233,300 $0 $233,300
2017 $3,580 $229,500 $0 $229,500
2016 $2,314 $143,000 $0 $143,000
2015 $2,276 $135,900 $0 $135,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73151666

MLS Property Information Network (MLS PIN)

APN: LYNN-000082-000597-000015-000011-000011