NOT LISTED FOR SALE

107 Haverhill St Unit 111 Lawrence, MA 01840

Downtown Lawrence Neighborhood

Estimated Value: $968,551

7 Beds
4 Baths
3,150 Sq Ft
$307/Sq Ft Est. Value

Last Sold January 31, 2022

Last sale price $710,000 $225 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $5,095/month

6 Days on Market

About This Home

As of January 2022

ALL OFFERS DUE MONDAY 20TH BY 2PM. Great opportunity to own this mix use property in Lawrence consisting of 4 rental units. Three residential units and one separate commercial unit. 1st floor left residential unit has 2 bedrooms, 1 bath, kitchen, living room. 1st floor right commercial unit has half bath. 2nd floor left residential unit has 2 bedrooms, 1 bath, kitchen, living room. 2nd floor right has recently been updated and offers 3 bedrooms, 1 bath, kitchen, living room. The 2nd floor right unit and store front will be delivered vacant. Buyer and or Buyer's agent to perform any and all due diligence. The 3 residential units have the de-leaded letter of compliance, attached.

Last Agent to Sell the Property

Mirta Guevara

Guevara Realty Listed on: 12/08/2021

Last Buyer's Agent

Cristino Ynfante

Berkshire Hathaway HomeServices Verani Realty Methuen

Berkshire Hathaway HomeServices Verani Realty Methuen

Property Details

Home Type

  • Multi-Family

Year Built

  • 1936

Lot Details

  • 2,004

Interior Spaces

  • Property has 1 Level

Property Details

Home Type

Multi-Family

Year Built

1936

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family - 4 Units Side by Side
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Directions: Use GPS
  • Garage Yn: No
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Year Built Details: Approximate
  • Special Features: None
  • Year Built: 1936

Interior Features

  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator), Unit 3(Range,Refrigerator), Gas Water Heater, Utility Connections for Gas Range
  • Has Basement: Full
  • MAIN LO: G95238
  • MAIN SO: G61700
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Fireplace: No
  • Flooring: Tile,Varies Per Unit,Laminate
  • Interior Amenities: Unit 1(Lead Certification Available), Unit 2(Lead Certification Available), Unit 3(Lead Certification Available), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen)
  • Stories: 6

Exterior Features

  • Roof: Shingle
  • Foundation Details: Stone
  • Construction Type: Frame
  • Disclosures: 3 Residential Units 1 Commercial Store Front Unit. Right Of Way On Rear Porch.
  • Exclusions: Tenants Belongings.
  • Home Warranty: No
  • Lot Features: Corner Lot, Easements
  • Waterfront: No

Garage/Parking

  • Parking Features: Paved Drive, Off Street
  • Open Parking: Yes
  • Total Parking Spaces: 1

Utilities

  • Heating: Unit 1(Hot Water Baseboard,Gas,Individual), Unit 2(Electric Baseboard,Individual), Unit 3(Gas)
  • COOLING ZONES: 0
  • Electric: 100 Amp Service
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Water Source: Public, Individual Meter

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Public School

Lot Info

  • LOT SIZE: 0.05
  • Farm Land Area Units: Square Feet
  • Zoning: R3

Multi Family

  • LEVELS 1: 1
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 2
  • Annual Gross Income: 36000
  • Property Net Operating Income: 36000
  • Number Of Units Total: 4
  • Total Actual Rent: 5900

Tax Info

  • Tax Annual Amount: 9310.39
  • Tax Block: 0000
  • Tax Book Number: 10019
  • Tax Lot: 0027
  • Tax Map Number: 0107
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2006
Sold by
Pena Jose A
Bought by
Diaz Clara D and Diaz William Cruz
Current Estimated Value
$968,551

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,515
Outstanding Balance
$178,211
Interest Rate
6.31%
Mortgage Type
Commercial
Estimated Equity
$790,340

Purchase Details

Closed on
Dec 14, 2004
Sold by
Gonzalez Fabian
Bought by
Ortega Juan A and Ortega Tammy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
5.63%
Mortgage Type
Commercial

Purchase Details

Closed on
May 14, 2004
Sold by
Gonzalez Hector L
Bought by
Pena Jose A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
5.47%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Diaz Clara D $317,000 --
Ortega Juan A $195,000 --
Pena Jose A $260,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Diaz Clara D $314,515
Previous Owner Ortega Juan A $156,000
Previous Owner Pena Jose A $208,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2022 01/31/22 Sold $710,000 +7.7% $225 / Sq Ft
12/15/2021 12/15/21 Pending -- -- --
12/08/2021 12/08/21 For Sale $659,000 -- $209 / 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 -- $549,500 $85,300 $464,200
2024 -- $400,200 $89,600 $310,600
2023 $0 $410,400 $86,500 $323,900
2022 $0 $389,100 $81,600 $307,500
2021 $0 $352,800 $81,600 $271,200
2020 $0 $339,000 $68,000 $271,000
2019 $0 $297,500 $50,500 $247,000
2018 $0 $243,800 $45,800 $198,000
2017 -- $224,600 $43,400 $181,200
2016 -- $214,000 $33,900 $180,100
2015 -- $214,000 $33,900 $180,100
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Mirta Guevara

    Guevara Realty

    (978) 273-5218

    1 in this area

    53 Total Sales

    Mirta Guevara
    Section Image
  • Cristino Ynfante

    Buyer's Agent in 2022

    Cristino Ynfante

    Berkshire Hathaway HomeServices Verani Realty Methuen

    (978) 828-1210

    1 in this area

    49 Total Sales

    Cristino Ynfante
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72926422

MLS Property Information Network (MLS PIN)

APN: LAWR-000107-000000-000027-000001-000001

Massachusetts Essex County Lawrence 01840 Downtown Lawrence

107 Haverhill St Unit 111, Lawrence, MA

Not Listed for Sale

MultiFamily

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