NOT LISTED FOR SALE

70 Exchange St Unit 308 Lynn, MA 01901

Downtown Lynn Neighborhood

Estimated Value: $321,821 - $372,000

1 Bed
1 Bath
950 Sq Ft
0.79 Acres

Last Sold February 28, 2014

Last sale price $145,000 $153 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $2,199/month

52 Days on Market

About This Home

As of February 2014

Welcome to Lynn's newly designated Arts & Cultural District. This building is one of many loft-buildings within the District that demonstrate impressive 19th-century architecture. Let this bright and airy top-floor unit with raw open loft space be your canvas; features include in-unit washer and dryer+deeded off-street parking+13 ft ceilings+lofted bedroom hideaway+bonus bank vault room+exposed brick and ducts+hardwood floors+huge windows+Nest Learning Thermostat. Pets allowed. Enjoy a walkable city lifestyle for less in this steadily developing District of restaurants, arts, entertainment, community garden, culture, and so much more. Lynn, Swampcott and Nahant beaches are all within 1.5 miles. Building is only one block to the Commuter Rail and then a 20 minute train ride to North Station. Easily accessible to major Routes: 1, 1A, 129, 95.

Last Agent to Sell the Property

Soraya Cacici

Nest Forward Listed on: 01/07/2014

Last Buyer's Agent

Soraya Cacici

Nest Forward Listed on: 01/07/2014

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,969

Year Built

1924

Lot Details

0

Listing Details

  • Unit Level: 3
  • Unit Placement: Upper, End, Corner, Back
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1924

Interior Features

  • Has Basement: No
  • Number of Rooms: 2
  • 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
  • Flooring: Wood

Exterior Features

  • Construction: Brick, Stone/Concrete
  • Exterior: Brick, Stone

Garage/Parking

  • Parking: Off-Street, Assigned, Deeded
  • Parking Spaces: 1

Utilities

  • Cooling Zones: 1
  • Heat Zones: 1
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range

Condo/Co-op/Association

  • Association Fee Includes: Water, Sewer, Master Insurance, Laundry Facilities, Elevator
  • Management: Professional - Off Site
  • No Units: 19
  • Unit Building: 308

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2014
Closed on
Feb 28, 2014
Sold by
Wynne Seth and Micka-Smith Heather
Bought by
Gudmonas Paulius and Gudmonas Irena
Seller's Agent
Soraya Cacici
Nest Forward
Buyer's Agent
Soraya Cacici
Nest Forward
List Price
$149,000
Sold Price
$145,000
Premium/Discount to List
-$4,000
-2.68%
Current Estimated Value
$353,455

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,455
Avg. Annual Appreciation
8.09%
Original Mortgage
$116,000
Outstanding Balance
$37,974
Interest Rate
4.39%
Mortgage Type
New Conventional
Estimated Equity
$315,481

Purchase Details

Closed on
Mar 29, 2005
Sold by
Prodigy Plus Inc
Bought by
Wynne Seth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,000
Interest Rate
5.56%
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 Buyer Sale Price Title Company
Gudmonas Paulius $145,000 --
Wynne Seth $254,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gudmonas Paulius $116,000
Previous Owner Wynne Seth $95,000
Previous Owner Wynne Seth $254,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2014 02/28/14 Sold $145,000 0.0% $153 / Sq Ft
01/21/2014 01/21/14 Off Market $145,000 -- --
01/07/2014 01/07/14 For Sale $149,000 -- $157 / 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 $2,969 $286,600 $0 $286,600
2024 $3,105 $294,900 $0 $294,900
2023 $2,792 $250,400 $0 $250,400
2022 $2,963 $238,400 $0 $238,400
2021 $2,889 $221,700 $0 $221,700
2020 $3,103 $231,600 $0 $231,600
2019 $3,225 $225,500 $0 $225,500
2018 $3,501 $231,100 $0 $231,100
2017 $3,547 $227,400 $0 $227,400
2016 $2,293 $141,700 $0 $141,700
2015 $2,256 $134,700 $0 $134,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71620600

MLS Property Information Network (MLS PIN)

APN: LYNN-000082-000597-000015-000018-000018