7 Central Sq # 206, Lynn MA 01902

Lynn, MA 01902
$250,000
Est. $1,331/month
1
Beds
1
Baths
718
Sq Ft
$348
Price/Sq Ft
0.20
Acres
1903
Year Built
Condominium
Type
72
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73137185

About this home

Pay no condo fees for up to 24 months! With an impressive array of 12 windows, natural light cascades into every corner, illuminating the contemporary open-concept design. Step inside & be captivated by the spaciousness and endless possibilities this condo offers. The main living area boasts a seamless flow, ideal for both relaxation & entertaining. The kitchen is thoughtfully designed with ample counter space inviting culinary creativity. Adjacent to the living area is a walk-in closet, generously sized to accommodate your storage needs or transform into a private home office - currently, housing an additional bed to accommodate guests comfortably. One of the standout features of this loft is its prime location, situated just across the street from the commuter train station. Commuting to Boston has never been easier, while granting you seamless access to the Lynn’s vibrant energy and endless opportunities. Elevator building.

Sale Statistics

Sale Overview
Original List Price: $280,000
Final Sale Price: $250,000
Difference: $30,000 (-10.7%)
Performance Metrics
89.3%
List to Sale Ratio
Sold below asking price
72
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $390
Sale $/sq ft: $348
This property sold for $348 per square foot
Sale Summary

This property sold for 10.7% below the original asking price.

The property spent 72 days on market before selling.

Facts & Features

Property Overview

Property Type
Condominium
Property Category
Residential
Year Built
1903
Bedrooms
1
Full Bathrooms
1
Living Area
718 sq ft
Total Rooms
3
Stories
1
Entry Level
2

Interior Features

Heating
Forced Air, Natural Gas
Has Heating
Yes
Cooling
Central Air
Has Cooling
Yes
Has Fireplace
No
Appliances
Range, Dishwasher, Microwave, Refrigerator
Laundry Features
Second Floor, Common Area, In Building
Basement Details
N

Exterior & Structure

Has Spa
No
Waterfront Features
Ocean, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
Waterfront Property
No

Lot & Land

Lot Size
0.20 acres
Lot Size
8,540 sq ft
Lot Size Area
0.2000

Parking & Garage

Has Garage
No

Utilities & Systems

Water Source
Public
Sewer
Public Sewer
Security Features
Intercom

Community & HOA

HOA Fee
$630
HOA Fee Frequency
Monthly
Association Amenities
Laundry, Elevator(s)
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$2,382
Tax Year
2023
Tax Assessed Value
$213,600
Parcel Number
M:082 B:624 L:010 S:020,4698842
Zoning
CBD

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Disclosures
This is a one bedroom condo. The bunk bed is situated in the walk-in closet. Seller will pay up to 24 months of condo fees as permitted by the buyers' financing package.

Location

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Neighborhood

7 Central Sq # 206, Lynn MA 01902

Lynn, MA 01902

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $199
Homeowners Insurance $200
HOA Fee $630
PMI $0

Property History

Market Insights

10.7%
Price Range
66
Total Days on Market

Property Timeline

Sold
Oct 12, 2023
$250,000
Property sold
Days on Market: 66
🏠
Listed for Sale
Jul 17, 2023
$280,000
Original listing
Agent: Barbara Wales Office: Engel & Volkers Newton

Price & Status History

Date Event Price Change
Jul 17, 2023 New Listing Added $280,000

Market Statistics

Days on Market
72 days
Price per Sq Ft
$348

Tax History

Year Taxes Assessment
2023 $2,382 $213,600

Financial Details

Annual Property Tax
$2,382
Tax Year 2023
HOA Fee
$630
Monthly
Assessed Value
$213,600

Listing Information

Listing Agent Barbara Wales
Listing Office Engel & Volkers Newton
Agent MLS ID BB800380
Office MLS ID AN4462

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