NOT LISTED FOR SALE

103 Spruce St Unit 105 Lawrence, MA 01841

Arlington Neighborhood

Estimated Value: $761,000 - $844,000

9 Beds
3 Baths
3,927 Sq Ft
$205/Sq Ft Est. Value

Last Sold December 29, 2023

Last sale price $700,000 $178 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $4,720/month

37 Days on Market

Highlights

  • Granite Flooring
  • Corner Lot
  • Park
  • Property is near public transit
  • Porch
  • 4-minute walk to Cronin Playground

About This Home

As of December 2023

Well maintained 3 family features 6 rooms 3 bedrooms, eat in kitchen area, formal dining room and living room in each unit. Separate utilities off street parking. Each unit has front and back porch and laundry hook up . Vinyl sided,

Last Agent to Sell the Property

Jennifer Hamilton-Bower

Keller Williams Realty Listed on: 10/10/2023

Keller Williams Realty

Last Buyer's Agent

Beth Ford

Coldwell Banker Realty - Haverhill

Coldwell Banker Realty - Haverhill

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,892

Year Built

  • Built in 1920

Lot Details

  • 3,049 Sq Ft Lot
  • Fenced
  • Corner Lot

Home Design

  • Frame Construction
  • Rubber Roof

Interior Spaces

  • 3,927 Sq Ft Home
  • Granite Flooring

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • 4 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Utilities

  • 3 Heating Zones
  • Heating Available
  • Natural Gas Connected

Additional Features

  • Porch
  • Property is near public transit

Listing and Financial Details

  • Rent includes unit 1(water), unit 2(water), unit 3(water)
  • Assessor Parcel Number 4208985

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Shops
  • Coin Laundry

Recreation

  • Park

Building Details

  • Net Operating Income $47,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,892

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1920
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Varies Per Unit
  • Interior Amenities: Unit 1(Ceiling Fans), Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen), Unit 3 Rooms(Living Room,Dining Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range), Unit 2(Range), Unit 3(Range), Utility Connections for Gas Range
  • Total Bedrooms: 9
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full, Interior Entry
  • Living Area: 3927
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: G95022
  • MAIN SO: AN6181

Exterior Features

  • Exterior Features: Porch,Storage Shed,Fenced Yard
  • Construction Materials: Frame
  • Fencing: Fenced
  • Foundation Details: Granite
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Rubber
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Heating: Unit 1(Hot Water Baseboard,Gas), Unit 2(Hot Water Baseboard,Gas), Unit 3(Hot Water Baseboard,Gas)
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • COOLING ZONES: 0
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Laundromat, Sidewalks
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: 4208985
  • Zoning: R4
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.07
  • Lot Size Sq Ft: 3049
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5892

Multi Family

  • Net Operating Income: 47400
  • Number Of Units Total: 3
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 3: 1
  • LEASE 2: Y
  • LEASE 1: N
  • FLRS 3: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2023
Closed on
Jan 24, 2024
Sold by
Mendoza Wilmer V
Bought by
103-105 Spruce St Llc
Seller's Agent
Jennifer Hamilton-Bower
Keller Williams Realty
Buyer's Agent
Beth Ford
Coldwell Banker Realty - Haverhill
List Price
$749,900
Sold Price
$700,000
Premium/Discount to List
-$49,900
-6.65%
Views
97
Current Estimated Value
$803,164

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,164
Avg. Annual Appreciation
7.38%
Original Mortgage
$525,000
Outstanding Balance
$515,284
Interest Rate
7.44%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$287,880

Purchase Details

Listed on
Oct 10, 2023
Closed on
Dec 29, 2023
Sold by
Cancel Brenda
Bought by
Mendoza Wilmer V
Seller's Agent
Jennifer Hamilton-Bower
Keller Williams Realty
Buyer's Agent
Beth Ford
Coldwell Banker Realty - Haverhill
List Price
$749,900
Sold Price
$700,000
Premium/Discount to List
-$49,900
-6.65%
Views
97

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Outstanding Balance
$515,284
Interest Rate
7.44%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$287,880

Purchase Details

Closed on
Jul 29, 2011
Sold by
Molina Nieves R
Bought by
Cancel Brenda

Purchase Details

Closed on
Dec 4, 2006
Sold by
Cancel Brenda
Bought by
Cancel Brenda and Molina Nieves
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
103-105 Spruce St Llc -- None Available
Mendoza Wilmer V $700,000 None Available
Cancel Brenda -- --
Cancel Brenda -- --
Cancel Brenda -- --
Cancel Brenda -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mendoza Wilmer V $525,000
Previous Owner Cancel Brenda $75,000
Previous Owner Cancel Brenda $10,000
Previous Owner Cancel Brenda $30,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2023 12/29/23 Sold $700,000 -4.1% $178 / Sq Ft
11/17/2023 11/17/23 Pending -- -- --
11/10/2023 11/10/23 Price Changed $729,900 -1.4% $186 / Sq Ft
10/26/2023 10/26/23 Price Changed $739,900 -1.3% $188 / Sq Ft
10/10/2023 10/10/23 For Sale $749,900 -- $191 / 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 $5,941 $675,100 $97,500 $577,600
2024 $5,748 $621,400 $102,400 $519,000
2023 $5,892 $579,900 $98,900 $481,000
2022 $5,540 $484,300 $93,200 $391,100
2021 $5,253 $428,100 $93,200 $334,900
2020 $4,875 $392,200 $77,700 $314,500
2019 $4,947 $361,600 $57,800 $303,800
2018 $4,839 $337,900 $52,300 $285,600
2017 $4,508 $293,900 $49,600 $244,300
2016 $4,230 $272,700 $38,700 $234,000
2015 $4,054 $268,100 $38,700 $229,400
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Hamilton-Bower

    Seller's Agent in 2023

    Jennifer Hamilton-Bower

    Keller Williams Realty

    (508) 954-7941

    2 in this area

    209 Total Sales

    Jennifer Hamilton-Bower
    Section Image
  • Beth Ford

    Buyer's Agent in 2023

    Beth Ford

    Coldwell Banker Realty - Haverhill

    (508) 954-7496

    1 in this area

    165 Total Sales

    Beth Ford
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73168593

MLS Property Information Network (MLS PIN)

APN: LAWR-000171-000000-000004

Massachusetts Essex County Lawrence 01841 Arlington

103 Spruce St Unit 105, Lawrence, MA

Not Listed for Sale

MultiFamily

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