NOT LISTED FOR SALE

70 Exchange St Unit 303 Lynn, MA 01901

Downtown Lynn Neighborhood

Estimated Value: $344,871 - $483,000

1 Bed
1 Bath
1,003 Sq Ft
0.79 Acres

Last Sold August 12, 2020

Last sale price $295,000 $294 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $2,384/month

16 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 August 2020

Exchange Lofts! Steps to Commuter Rail, two stops to Boston! 1 mile to ocean, 9.5 miles to Logan Airport, easy access to 1/1A/129/95. Pet friendly. Deeded parking. 1-3 bedroom industrial loft boasts versatile open floor plan, second level mezzanine,12' 6" ceilings, oversized windows, exposed ducts, hardwood floors, granite/stainless steel kitchen, in-unit washer/dryer, large bathroom with tub/shower. Strong owner occupancy and owners' association. Coastal Lynn offers a competitive edge of affordability and livability within ten miles to Downtown Boston. A massive wave of new large scale residential developments has this neighborhood in growth mode. 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: 06/12/2020

Last Buyer's Agent

Dylan Krebsbach

FlyHomes Brokerage LLC

FlyHomes Brokerage LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,603

Year Built

  • Built in 1924

Lot Details

  • 0.79

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,603

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: 299.00
  • Comp Based On: Net Sale Price
  • Year Built: 1924
  • Lead Paint: Unknown
  • Unit Building: 303
  • Unit Level: 3
  • Unit Placement: Middle, Back
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1924

Interior Features

  • Flooring: Wood, Tile
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
  • No Bedrooms: 1
  • Full Bathrooms: 1
  • No Rooms: 6
  • No Living Levels: 2
  • Main Lo: AC0684
  • Main So: AN2820
  • Estimated Sq Ft: 1003.00

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: 408.00
  • 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: 272000.00
  • Acre: 0.79
  • Lot Size: 34404.00
  • Page: 16
  • Zoning: B

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Taxes: 3644.80
  • Assessor Parcel Number: 4467728

Multi Family

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

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2020
Closed on
Aug 10, 2020
Sold by
Dufour David
Bought by
Lombardi Tyler
Seller's Agent
Soraya Cacici
Nest Forward
Buyer's Agent
Dylan Krebsbach
FlyHomes Brokerage LLC
List Price
$299,900
Sold Price
$295,000
Premium/Discount to List
-$4,900
-1.63%
Current Estimated Value
$397,468

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,468
Avg. Annual Appreciation
5.76%
Original Mortgage
$279,250
Outstanding Balance
$247,714
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$149,754

Purchase Details

Listed on
Jun 2, 2016
Closed on
May 30, 2017
Sold by
Fnma
Bought by
Dufour David
Seller's Agent
Matthew Newhall
Century 21 Tradition - Georgetown
Buyer's Agent
Rich Powers
Toner Real Estate, LLC
List Price
$179,900
Sold Price
$175,000
Premium/Discount to List
-$4,900
-2.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.67%

Purchase Details

Closed on
Apr 14, 2016
Sold by
Duraes Nancy
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 8, 2004
Sold by
Prodigy Plus Inc
Bought by
Duraes Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,200
Interest Rate
5.84%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lombardi Tyler $295,000 None Available
Dufour David $175,000 --
Federal National Mortgage Association $160,500 --
Duraes Nancy $244,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lombardi Tyler $279,250
Previous Owner Duraes Nancy $195,200
Previous Owner Duraes Nancy $26,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/12/2020 08/12/20 Sold $295,000 -1.6% $294 / Sq Ft
06/28/2020 06/28/20 Pending -- -- --
06/12/2020 06/12/20 For Sale $299,900 +71.4% $299 / Sq Ft
05/30/2017 05/30/17 Sold $175,000 -2.7% $174 / Sq Ft View Prior Sale
05/01/2017 05/01/17 Pending -- -- --
04/20/2017 04/20/17 Price Changed $179,900 0.0% $179 / Sq Ft
04/20/2017 04/20/17 For Sale $179,900 +2.8% $179 / Sq Ft
04/18/2017 04/18/17 Off Market $175,000 -- --
03/17/2017 03/17/17 For Sale $194,900 0.0% $194 / Sq Ft
02/10/2017 02/10/17 Pending -- -- --
02/03/2017 02/03/17 Price Changed $194,900 -2.5% $194 / Sq Ft
02/01/2017 02/01/17 For Sale $199,900 0.0% $199 / Sq Ft
01/17/2017 01/17/17 Pending -- -- --
12/27/2016 12/27/16 Price Changed $199,900 -9.1% $199 / Sq Ft
11/20/2016 11/20/16 Price Changed $219,900 -6.4% $219 / Sq Ft
10/12/2016 10/12/16 Price Changed $234,900 -7.8% $234 / Sq Ft
09/08/2016 09/08/16 Price Changed $254,900 -5.6% $254 / Sq Ft
08/10/2016 08/10/16 Price Changed $269,900 -3.6% $269 / Sq Ft
07/01/2016 07/01/16 Price Changed $279,900 -6.7% $279 / Sq Ft
06/02/2016 06/02/16 For Sale $299,900 -- $299 / 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 $3,603 $347,800 $0 $347,800
2024 $3,771 $358,100 $0 $358,100
2023 $3,393 $304,300 $0 $304,300
2022 $3,608 $290,300 $0 $290,300
2021 $3,393 $260,400 $0 $260,400
2020 $3,645 $272,000 $0 $272,000
2019 $3,787 $264,800 $0 $264,800
2018 $4,055 $242,300 $0 $242,300
2017 $3,717 $238,300 $0 $238,300
2016 $2,399 $148,300 $0 $148,300
2015 $2,362 $141,000 $0 $141,000
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2020

    Soraya Cacici

    Nest Forward

    Section Image

  • D

    Buyer's Agent in 2020

    Dylan Krebsbach

    FlyHomes Brokerage LLC

    Section Image

  • M

    Seller's Agent in 2017

    Matthew Newhall

    Century 21 Tradition - Georgetown

    Section Image
  • Rich Powers

    Buyer's Agent in 2017

    Rich Powers

    Toner Real Estate, LLC

    (781) 608-6628

    1 in this area

    104 Total Sales

    Rich Powers
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72672736

MLS Property Information Network (MLS PIN)

APN: LYNN-000082-000597-000015-000013-000013

Massachusetts Essex County Lynn 01901 Downtown Lynn

70 Exchange St Unit 303, Lynn, MA

Not Listed for Sale

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