$274,900
SOLD OCT 24, 2019

70 Exchange St Unit 301 Lynn, MA 01901

Downtown Lynn Neighborhood
1 Bed
1 Bath
960 Sq Ft
0.79 Acres

Recently Sold

$286 Per Sq Ft

5% Below List Price

62 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 October 2023

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. Newly renovated, 1-2 bedroom industrial loft boasts 12' 6" ceilings, oversized windows, exposed ducts, hardwood floors, gas fireplace, granite/stainless steel kitchen with new appliances, new hot water heater and washer/dryer, modern bathroom with laundry. 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, world class public art, stunning architecture, and more! Lynn Woods is also not to be missed.

Last Agent to Sell the Property

Soraya Cacici

Nest Forward Listed on: 07/13/2019

Last Buyer's Agent

Natasha Noshirwani

M&A Real Estate

M&A Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,363

Year Built

  • Built in 1924

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • 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:011

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,363

Year Built

Built in 1924

Lot Details

0

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: 296.77
  • Comp Based On: Net Sale Price
  • Year Built: 1924
  • Lead Paint: Unknown
  • Unit Building: 301
  • Unit Level: 2
  • Unit Placement: Middle, Back
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1924

Interior Features

  • Fireplaces: 1
  • 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: Dimension: 19X6
  • Other Room 2: Dimension: 15X8
  • No Living Levels: 1
  • Main Lo: AC0684
  • Main So: AC0188
  • Estimated Sq Ft: 960.00

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, Oil
  • 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: 359.00
  • 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: 252400.00
  • Acre: 0.79
  • Lot Size: 34404.00
  • Page: 78
  • Parcel Number: M:082 B:597 L:015 S:011
  • Zoning: CBD

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Taxes: 3609.00
  • Assessor Parcel Number: 4421324

Multi Family

  • No Units: 14
  • No Units Owner Occ: 9

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%
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 Type Sale Price Title Company
Not Resolvable $274,900 --
Deed $90,000 --
Deed $204,750 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $184,900 New Conventional
Previous Owner $163,800 Purchase Money Mortgage
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: 72533920

MLS Property Information Network (MLS PIN)

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