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7 Central Sq

Lynn, MA 01901

1 bd 1 ba 650 sqft Built 1903 condos
Most recent sale
$230,000
May 16, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 13, 2022 Listing removed $224,900 MLSPIN
May 16, 2022 Sold $230,000 MLS #72954914
Mar 18, 2022 Listed $224,900 MLS #72954914
Dec 3, 2021 Price changed $224,900 MLS #72911092
Oct 21, 2021 Listed $229,800 MLS #72911092
Jul 25, 2007 Sold $134,900 MLS #70507759
Jan 17, 2007 Listing removed $174,900 MLSPIN
Jan 3, 2007 Listed $134,900 MLS #70507759
Oct 16, 2006 Listed $174,900 MLS #70476066
Oct 12, 2006 Listing removed $174,900 MLSPIN
Aug 24, 2006 Listed $174,900 MLS #70446001

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $223,000 $223,000 $2,310
2024 $218,800 $218,800 $2,304
2023 $222,400 $222,400 $2,480
2022 $213,700 $213,700 $2,656
2021 $215,600 $215,600 $2,809
2020 $205,100 $205,100 $2,748
2019 $216,900 $216,900 $3,102
2018 $128,500 $128,500 $1,947
2017 $121,800 $121,800 $1,900
2016 $102,500 $102,500 $1,658
2015 $97,300 $97,300 $1,630
2014 $93,000 $93,000 $1,593

Property facts

Year built
1903
Property type
condos
Stories
5
Beds
1
Baths
1
Living area
650 sqft
Lot size
ZIP code
01901
City
Lynn
Street
Central Sq
Coordinates
42.46404, -70.94404

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,885
Gross rental yield
9.83%
Implied cap rate
6.39%
Trend-extrapolated value

Frequently asked questions

When did 7 Central Sq last sell?
7 Central Sq most recently sold on May 16, 2022 for $230,000.
What is the current tax assessment for 7 Central Sq?
The most recent total assessment for 7 Central Sq (year 2025) is $223,000 with $2,310 in property tax.
How does 7 Central Sq's assessment compare to its last sale price?
The current assessment is 3.0% below the last sale price of $230,000.
When was 7 Central Sq built?
7 Central Sq was built in 1903.
How does 7 Central Sq compare to others on Central Sq?
We track 8 other properties on Central Sq. Browse the list under "Other properties on Central Sq" to compare beds, baths, and sale history.
What are the property facts for 7 Central Sq?
7 Central Sq is a 1 bed, 1 bath, 650 sqft condos.
Is 7 Central Sq a flip candidate?
No — 7 Central Sq does not appear in our flips dataset.
Is 7 Central Sq a tax-appeal candidate?
No — 7 Central Sq is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+3.9%
Implied 1-yr
+15.8%
2026 Q3
$388.3K
2026 Q4
$400.5K
ZIP 01901 — Median Price History + Forecast

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