Seller's Agent in 2021
Jefri Liriano
Liriano Realty
(617) 372-1717
2 in this area
300 Total Sales
103 Union St Unit 107 Lawrence, MA 01841
Downtown Lawrence NeighborhoodEstimated Value: $1,733,562
--
Bed
8
Baths
6,340
Sq Ft
$273/Sq Ft
Est. Value
About This Home
As of February 2021Great investment opportunity for a savvy investor(s) who knows and loves this community. 103-107 Union Street is perfectly situated in a highly desirable location due to its proximity to hospitals, schools, parks, public transportation, highways and shopping centers. Property has 9 units and features 2, three bedroom, 2 two bedroom and 3 one bedroom one bath residential units with off-street parking and 2 commercial spaces. The property enjoys a capitalization rate of 8%, which undoubtedly makes this investment opportunity worthy of your consideration. CALL US TODAY to learn more and schedule a visit.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1900
Lot Details
- 4,792
Additional Features
- Basement
Listing and Financial Details
- Assessor Parcel Number M:0088 B:0000 L:0088
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 17, 2020
Closed on
Feb 17, 2021
Sold by
Marquez Llc
Bought by
Pimar Properties 1 Llc
Seller's Agent
Jefri Liriano
Liriano Realty
Buyer's Agent
Alex Walsh
Access
List Price
$1,025,000
Sold Price
$1,300,000
Premium/Discount to List
$275,000
26.83%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$433,562
Avg. Annual Appreciation
6.18%
Original Mortgage
$777,000
Outstanding Balance
$691,140
Interest Rate
2.65%
Mortgage Type
Commercial
Estimated Equity
$1,042,422
Purchase Details
Closed on
Oct 17, 2014
Sold by
Marquez Javier and Marquez Sonia
Bought by
Marquez Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.09%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 4, 2014
Sold by
Marquez Sonia
Bought by
Marquez Javier and Marquez Sonia
Purchase Details
Closed on
Mar 4, 2014
Sold by
Ramos Lenin and Marquez Sonia
Bought by
Marquez Sonia
Purchase Details
Closed on
Aug 27, 2012
Sold by
Willwerth Wade and City National Bank
Bought by
City National Bank
Purchase Details
Closed on
Mar 23, 2006
Sold by
Willwerth Wade and Willwerth Lorraine
Bought by
Willwerth Wade
Purchase Details
Closed on
Aug 4, 2003
Sold by
Correa Julio C
Bought by
Willwerth Lorraine and Willwerth Wade J
Purchase Details
Closed on
Nov 16, 2000
Sold by
Sow Corp
Bought by
Correa Julio C
Purchase Details
Closed on
Feb 16, 2000
Sold by
103 Union Rt and Argon Cemal
Bought by
Sow Corp
Purchase Details
Closed on
Oct 15, 1996
Sold by
Krinitz Steven
Bought by
103 Union Rt
Purchase Details
Closed on
Mar 15, 1989
Sold by
Stonge Donald G
Bought by
Krinitz Steven
Purchase Details
Closed on
Jan 12, 1988
Sold by
Brown James N
Bought by
Stonge Donald G
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Pimar Properties 1 Llc | $1,300,000 | None Available | |
| Marquez Llc | -- | -- | |
| Marquez Llc | -- | -- | |
| Marquez Llc | -- | -- | |
| Marquez Javier | -- | -- | |
| Marquez Javier | -- | -- | |
| Marquez Sonia | -- | -- | |
| Ramos Lenin | $325,000 | -- | |
| Marquez Sonia | -- | -- | |
| Marquez Sonia | -- | -- | |
| Ramos Lenin | $325,000 | -- | |
| City National Bank | $685,700 | -- | |
| City National Bank | $685,700 | -- | |
| Willwerth Wade | -- | -- | |
| Willwerth Wade | -- | -- | |
| Willwerth Lorraine | $416,000 | -- | |
| Willwerth Lorraine | $416,000 | -- | |
| Correa Julio C | $45,000 | -- | |
| Correa Julio C | $45,000 | -- | |
| Sow Corp | $29,000 | -- | |
| Sow Corp | $29,000 | -- | |
| 103 Union Rt | $1,500 | -- | |
| 103 Union Rt | $1,500 | -- | |
| Krinitz Steven | $136,500 | -- | |
| Krinitz Steven | $136,500 | -- | |
| Stonge Donald G | $10,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Pimar Properties 1 Llc | $777,000 | |
| Previous Owner | Marquez Llc | $300,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/18/2021 02/18/21 | Sold | $1,300,000 | +26.8% | $205 / Sq Ft |
| 09/28/2020 09/28/20 | Pending | -- | -- | -- |
| 09/17/2020 09/17/20 | For Sale | $1,025,000 | -- | $162 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | -- | $791,000 | $185,600 | $605,400 |
| 2024 | -- | $710,500 | $158,800 | $551,700 |
| 2023 | $0 | $613,400 | $132,700 | $480,700 |
| 2022 | $0 | $514,500 | $120,100 | $394,400 |
| 2021 | $0 | $455,400 | $106,500 | $348,900 |
| 2020 | $0 | $455,800 | $104,500 | $351,300 |
| 2019 | $0 | $402,800 | $102,000 | $300,800 |
| 2018 | $0 | $361,200 | $87,800 | $273,400 |
| 2017 | $0 | $345,100 | $83,600 | $261,500 |
| 2016 | -- | $332,200 | $79,600 | $252,600 |
| 2015 | -- | $332,200 | $79,600 | $252,600 |
Source: Public Records
Agents Affiliated with this Home
-
Jefri Liriano
-
Alex Walsh
Buyer's Agent in 2021
Alex Walsh
Access
(781) 556-1703
1 in this area
508 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72728105
APN: LAWR-000088-000000-000088
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.
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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