NOT LISTED FOR SALE

113 Lawrence St Fitchburg, MA 01420

Estimated Value: $503,961 - $562,000

4 Beds
2 Baths
2,428 Sq Ft
$216/Sq Ft Est. Value

Last Sold October 17, 2023

Last sale price $496,900 $205 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,751/month

4 Days on Market

Highlights

  • Wood Flooring
  • Heating Available
  • 2-minute walk to Bucky Richard park
  • Gentle Sloping Lot

About This Home

As of October 2023

Spacious 2 family renovated in the last 3-4 years. The first unit offers 2 bedrooms and 1 beautifully tiled bathroom, carpeted bedrooms and wood floors in the living area. "Dining Room" currently being used as a 3rd bedroom. The second floor unit offers 2 bedrooms and 1 bathrooms just as beautiful. Second floor unit has a skylight that adds to the natural light in this apartment. Currently rented since May 1st with a TAW. First floor unit has been rented by family hence the below market rent. Ample parking for both units on a paved driveway. This home is located near shopping, super market, and restaurants. Don't miss the opportunity to have an income property as a first time home buyer or to add to your portfolio.

Last Agent to Sell the Property

Jessica Ortega

eXp Realty Listed on: 09/05/2023

eXp Realty

Last Buyer's Agent

Luis Bautista

eXp Realty

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,359

Year Built

  • Built in 1900

Lot Details

  • 4,776 Sq Ft Lot
  • Gentle Sloping Lot

Parking

  • 5 Car Parking Spaces

Home Design

  • Duplex
  • Stone Foundation
  • Shingle Roof

Interior Spaces

  • 2,428 Sq Ft Home
  • Property has 1 Level
  • Wood Flooring
  • Washer and Dryer Hookup

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Heating Available

Listing and Financial Details

  • Total Actual Rent $2,200
  • Rent includes unit 1(water), unit 2(water)
  • Assessor Parcel Number M:0071 B:0008 L:0,1505604

Community Details

Overview

  • 2 Units

Building Details

  • Water Sewer Expense $150
  • Operating Expense $150
  • Net Operating Income $26,250

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,359

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1900
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Unit 1(undefined), Unit 2(Tile Floor,Hardwood Floors,Wall to Wall Carpet)
  • Interior Amenities: Unit 1(Ceiling Fans,Stone/Granite/Solid Counters,Upgraded Cabinets,Upgraded Countertops,Bathroom With Tub & Shower), Unit 2(Ceiling Fans,Stone/Granite/Solid Counters,Upgraded Cabinets,Upgraded Countertops,Bathroom With Tub & Shower)
  • Fireplace YN: No
  • Appliances: Unit 2(Range,Dishwasher,Microwave,Refrigerator)
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Laundry Features: Unit 1(Washer Hookup,Dryer Hookup)
  • Living Area: 2428
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AC0342
  • MAIN SO: AN2707

Exterior Features

  • Foundation Details: Stone
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Heating: Unit 1(Steam,Oil,Unit Control), Unit 2(Electric)
  • Heating YN: Yes
  • Water Source: Public
  • Hot Water: Varies Per Unit

Condo/Co-op/Association

  • Rent Includes: Unit 1(Water), Unit 2(Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 150

Lot Info

  • Parcel Number: M:0071 B:0008 L:0,1505604
  • Zoning: RB
  • Farm Land Area Units: Square Feet
  • Lot Features: Gentle Sloping
  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 4776
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5359

Multi Family

  • Net Operating Income: 26250
  • Number Of Units Total: 2
  • Operating Expense: 150
  • Total Actual Rent: 2200
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: Y
  • LEASE 1: N

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 4, 2023
Sold by
Pinto Jeremiah and Pinto Maria A
Bought by
Pinto Realty Managers Llc
Current Estimated Value
$524,490

Purchase Details

Closed on
Jun 8, 1989
Sold by
Mullins Robert
Bought by
Berger Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
10.93%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Pinto Realty Managers Llc -- None Available
Berger Peter $100,000 --
Berger Peter $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Berger Peter $84,000
Previous Owner Berger Peter $98,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/17/2023 10/17/23 Sold $496,900 +5.7% $205 / Sq Ft
09/10/2023 09/10/23 Pending -- -- --
09/05/2023 09/05/23 For Sale $469,900 +53.1% $194 / Sq Ft
12/18/2020 12/18/20 Sold $307,000 +2.4% $154 / Sq Ft View Prior Sale
10/23/2020 10/23/20 Pending -- -- --
10/15/2020 10/15/20 For Sale $299,900 +93.5% $151 / Sq Ft
06/30/2020 06/30/20 Sold $155,000 -8.8% $78 / Sq Ft View Prior Sale
06/01/2020 06/01/20 Pending -- -- --
05/29/2020 05/29/20 For Sale $169,900 -- $85 / 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 $62 $455,900 $97,100 $358,800
2024 $5,694 $384,500 $54,500 $330,000
2023 $5,359 $334,500 $45,000 $289,500
2022 $4,744 $269,400 $36,700 $232,700
2021 $3,509 $184,400 $30,800 $153,600
2020 $3,294 $167,100 $28,400 $138,700
2019 $3,065 $149,600 $37,900 $111,700
2018 $2,885 $137,300 $35,500 $101,800
2017 $2,587 $120,400 $32,000 $88,400
2016 $2,497 $117,600 $30,800 $86,800
2015 $2,364 $114,300 $29,600 $84,700
2014 $2,267 $114,300 $29,600 $84,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73155047

MLS Property Information Network (MLS PIN)

APN: FITC-000071-000008