NOT LISTED FOR SALE

70 Exchange St Unit 305 Lynn, MA 01901

Downtown Lynn Neighborhood

Estimated Value: $340,000 - $421,350

1 Bed
1 Bath
931 Sq Ft
0.79 Acres

Last Sold September 30, 2022

Last sale price $379,000 $407 Per Sq Ft

Current estimated payment $2,284/month

3 Days on Market

Highlights

  • No Units Above
  • Property is near public transit
  • Elevator
  • 0.79 Acre Lot
  • Wood Flooring
  • 2-minute walk to Lynn Heritage State Park

About This Home

As of September 2022

Stunning & unique, top floor loft 1-bedroom w/parking! Beautiful sun-drenched and creatively laid out unit is outfitted with exposed brick, period terrazzo, original millwork and doors, hardware, and chic/retro industrial elements. Large open space with soaring ceilings, oversized windows, and large skylights in the living, kitchen and bathroom! Desirable antique bank vault door leads to bright, bedroom sanctuary. Additional upper-level sleeping/storage loft, in-unit washer & dryer, oversize walk-in closet & attic storage completes this city oasis. Fantastic downtown Lynn Cultural & Arts District location provides direct access to trendy local new shops, cafes, farmer’s market and amazingly diverse restaurants, and beaches a short distance through the Diamond District, and only a block to MBTA commuter rail that is two stops to Boston. Rare opportunity: in-unit laundry, central a/c, & off-street parking set this unit apart from most others in downtown Lynn.

Last Agent to Sell the Property

Delince Louis

Redfin Corp. Listed on: 06/21/2022

Redfin Corp.

Last Buyer's Agent

Cristina Coppola

Lamacchia Realty, Inc.

Lamacchia Realty, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,226

Year Built

  • Built in 1924

Lot Details

  • No Units Above

Home Design

  • Entry on the 3rd floor
  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • 931 Sq Ft Home
  • 1-Story Property
  • Intercom
  • Laundry in unit

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

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

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Forced Air Heating and Cooling System
  • 1 Heating Zone
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number M:082 B:597 L:015 S:015,4443093

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include water, sewer, insurance, maintenance structure, ground maintenance, snow removal, reserve funds
  • 14 Units
  • Mid-Rise Condominium
  • Exchange Street Lofts Community

Amenities

  • Shops
  • Coin Laundry
  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,226

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Mid-Rise
  • Year Built: 1924
  • Buyer Agency: 2.5
  • Entry Level: 3
  • Transaction Broker: 2.5
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Wood, Tile
  • Entry Location: Unit Placement(Upper)
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Microwave, Utility Connections for Gas Range
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Laundry Features: In Unit
  • Basement: N
  • Living Area: 931
  • Other Equipment: Intercom
  • Stories Total: 1
  • MAIN LO: AN2383
  • LIST PRICE PER Sq Ft: 407.09
  • PRICE PER Sq Ft: 407.09
  • MAIN SO: AN2314

Exterior Features

  • Common Walls: No One Above
  • Construction Materials: Brick
  • Roof: Rubber
  • Waterfront Features: Beach Front, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Cooling: Central Air
  • Heating: Forced Air
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Security Features: Intercom
  • Water Source: Public
  • HEAT ZONES: 1

Condo/Co-op/Association

  • Association Amenities: Elevator(s)
  • Association Fee: 369.93
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Laundromat, Public School, T-Station
  • UNIT BUILDING: 305

Fee Information

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

Lot Info

  • Parcel Number: M:082 B:597 L:015 S:015,4443093
  • 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: 132
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3226
  • Tax Book Number: 37204

Multi Family

  • Number Of Units Total: 14
  • Basement Included Sq Ft: No
  • NO UNITS OWNER OCC: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2022
Closed on
Sep 30, 2022
Sold by
Powell Jason
Bought by
Orenberg Matthew D
Seller's Agent
Delince Louis
Redfin Corp.
Buyer's Agent
Cristina Coppola
Lamacchia Realty, Inc.
List Price
$379,000
Sold Price
$379,000
Current Estimated Value
$379,338

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$338
Avg. Annual Appreciation
0.43%
Original Mortgage
$360,050
Outstanding Balance
$346,563
Interest Rate
5.13%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$37,284

Purchase Details

Listed on
May 23, 2018
Closed on
Nov 24, 2018
Sold by
Sarai-Miller Maria
Bought by
Powell Jason
Seller's Agent
Matthew Miller
Sagan Harborside Sotheby's International Realty
Buyer's Agent
John Bartosiewicz
DCU Realty - Marlboro
List Price
$274,000
Sold Price
$266,000
Premium/Discount to List
-$8,000
-2.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.71%
Original Mortgage
$258,020
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 20, 2014
Closed on
Dec 17, 2014
Sold by
Est Smiddy Elizabeth and Altman Robert
Bought by
Miller Matthew J
Seller's Agent
Nancy Nugent
Conway - Swampscott
Buyer's Agent
Nancy Nugent
Conway - Swampscott
List Price
$119,900
Sold Price
$115,000
Premium/Discount to List
-$4,900
-4.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.45%
Original Mortgage
$86,250
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 2004
Sold by
Prodigy Plus Inc
Bought by
Smiddy Monica and Smiddy Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,000
Interest Rate
5.8%
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
Orenberg Matthew D $379,000 None Available
Orenberg Matthew D $379,000 None Available
Powell Jason $266,000 --
Powell Jason $266,000 --
Miller Matthew J $115,000 --
Miller Matthew J $115,000 --
Smiddy Monica $251,350 --
Smiddy Monica $251,350 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Orenberg Matthew D $360,050
Closed Orenberg Matthew D $360,050
Previous Owner Powell Jason $258,020
Previous Owner Smiddy Monica $86,250
Previous Owner Smiddy Monica $201,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2022 09/30/22 Sold $379,000 0.0% $407 / Sq Ft
06/25/2022 06/25/22 Pending -- -- --
06/21/2022 06/21/22 For Sale $379,000 +42.5% $407 / Sq Ft
12/07/2018 12/07/18 Sold $266,000 -2.9% $286 / Sq Ft
10/03/2018 10/03/18 Pending -- -- --
08/27/2018 08/27/18 For Sale $274,000 +3.0% $294 / Sq Ft
08/23/2018 08/23/18 Off Market $266,000 -- --
05/23/2018 05/23/18 For Sale $274,000 +138.3% $294 / Sq Ft
12/17/2014 12/17/14 Sold $115,000 0.0% $124 / Sq Ft
11/18/2014 11/18/14 Pending -- -- --
09/04/2014 09/04/14 Off Market $115,000 -- --
08/20/2014 08/20/14 For Sale $119,900 -- $129 / 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 $3,270 $315,600 $0 $315,600
2024 $3,422 $325,000 $0 $325,000
2023 $3,039 $272,600 $0 $272,600
2022 $3,226 $259,500 $0 $259,500
2021 $3,145 $241,400 $0 $241,400
2020 $3,379 $252,200 $0 $252,200
2019 $3,511 $245,500 $0 $245,500
2018 $3,799 $227,000 $0 $227,000
2017 $3,483 $223,300 $0 $223,300
2016 $2,252 $139,200 $0 $139,200
2015 $2,218 $132,400 $0 $132,400
Source: Public Records

Agents Affiliated with this Home

  • Cristina Coppola

    Buyer's Agent in 2022

    Cristina Coppola

    Lamacchia Realty, Inc.

    (978) 421-7248

    1 in this area

    123 Total Sales

    Cristina Coppola
    Section Image

  • M

    Seller's Agent in 2018

    Matthew Miller

    Sagan Harborside Sotheby's International Realty

    Section Image

  • J

    Buyer's Agent in 2018

    John Bartosiewicz

    DCU Realty - Marlboro

    Section Image

  • N

    Seller's Agent in 2014

    Nancy Nugent

    Conway - Swampscott

    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73001279

MLS Property Information Network (MLS PIN)

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

Massachusetts Essex County Lynn 01901 Downtown Lynn

70 Exchange St Unit 305, Lynn, MA

This home is located at 70 Exchange St Unit 305, Lynn, MA 01901 since 21 June 2022 and is currently estimated at $379,338, approximately $407 per square foot. This property was built in 1924. 70 Exchange St Unit 305 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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