$50,000
SOLD SEP 24, 2014

11 Lawrence St Unit 508 Lawrence, MA 01840

North Common Neighborhood
2 Beds
1 Bath
1,000 Sq Ft
1905 Built

Recently Sold

$50 Per Sq Ft

17% Below List Price

39 Days on Market

About This Home

As of September 2014

Cap rate, cap rate, cap rate. Estimated cap rate of 13 to 15. Property must e purchased all cash or private financing. Perfect property for buy & hold investor looking for maximum rental income. Call list agent to make offers: 978-397-8626. Seller has never occupied property.

Last Agent to Sell the Property

Gabriel Tavarez

Tavarez Realty Group, Inc. License #454007127 Listed on: 07/18/2014

Last Buyer's Agent

Gabriel Tavarez

Tavarez Realty Group, Inc. License #454007127 Listed on: 07/18/2014

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,327

Year Built

1905

Lot Details

0

Listing Details

  • Unit Level: 5
  • Unit Placement: Middle
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1905

Interior Features

  • Has Basement: No
  • Number of Rooms: 3
  • Electric: 100 Amps

Garage/Parking

  • Parking Spaces: 0

Condo/Co-op/Association

  • Association Fee Includes: Water, Sewer, Master Insurance, Laundry Facilities, Elevator, Exterior Maintenance, Snow Removal
  • No Units: 40
  • Unit Building: 508

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2014
Closed on
Sep 26, 2014
Sold by
J & M Ciampa Ft
Bought by
11 Lawrence Street Llc
Seller's Agent
Paul Montero
Re-Bound Properties
Buyer's Agent
Paul Montero
Re-Bound Properties
Sold Price
$1,150
Current Estimated Value
$169,839

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,689
Avg. Annual Appreciation
11.37%

Purchase Details

Closed on
Jul 11, 2008
Sold by
Moll Jeffrey
Bought by
J&M Ciampa Ft and Ciampa Joseph
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Not Resolvable $50,000 --
Deed $50,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2014 10/17/14 Rented $1,150 +4.5% --
10/17/2014 10/17/14 For Rent $1,100 0.0% --
09/24/2014 09/24/14 Sold $50,000 -16.7% $50 / Sq Ft
08/26/2014 08/26/14 Pending -- -- --
07/18/2014 07/18/14 For Sale $60,000 -- $60 / 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 $1,327 $150,800 $0 $150,800
2024 $1,407 $152,100 $0 $152,100
2023 $1,202 $118,300 $0 $118,300
2022 $1,304 $114,000 $0 $114,000
2021 $1,166 $95,000 $0 $95,000
2020 $1,108 $89,100 $0 $89,100
2019 $854 $62,400 $0 $62,400
2018 $800 $55,900 $0 $55,900
2017 $776 $50,600 $0 $50,600
2016 $765 $49,300 $0 $49,300
2015 $791 $52,300 $0 $52,300
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2014

    Paul Montero

    Re-Bound Properties

    Section Image

  • G

    Seller's Agent in 2014

    Gabriel Tavarez

    Tavarez Realty Group, Inc.

    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71734290

MLS Property Information Network (MLS PIN)

APN: LAWR-000126-000003-000008

Massachusetts Essex County Lawrence 01840 North Common

11 Lawrence St Unit 508, Lawrence, MA

This home is located at 11 Lawrence St Unit 508, Lawrence, MA 01840 and is currently priced at $50,000, approximately $50 per square foot. This property was built in 1905. 11 Lawrence St Unit 508 is a home located in Essex County with nearby schools including School For Exceptional Studies, Leonard Middle School, and Blessed Stephen Bellesini O.S.A. Academy.

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.

MLS Property Information Network (MLS PIN) 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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