NOT LISTED FOR SALE

113 Stearns Ave Unit 115 Lawrence, MA 01841

Arlington Neighborhood

Estimated Value: $775,000 - $874,000

9 Beds
3 Baths
5,091 Sq Ft
$165/Sq Ft Est. Value

Last Sold April 09, 2021

Last sale price $654,000 $128 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $5,121/month

5 Days on Market

About This Home

As of April 2021

Great opportunity for investors or owner occupancy!! SPACIOUS 3 family property with great income potential! updated porches. 5 parking spaces and fenced back yard. Great location, with direct access to I-93, I-495, Rte 28, Rte 110 and near to free tax New Hampshire state. Don't miss this opportunity to own this large and beautiful home! Third floor is currently vacant and first floor will be vacant at time of closing.

Last Agent to Sell the Property

Bienvenido Soto

Berkshire Hathaway HomeSevices Verani Realty Lawrence License #456011378 Listed on: 02/10/2021

Last Buyer's Agent

Team Ortega

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,793

Year Built

  • Built in 1910

Lot Details

  • 4,792

Additional Features

  • Basement

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,793

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 1.00
  • Year Built Description: Actual
  • List Price Per Sq Ft: 125.69
  • Comp Based On: Net Sale Price
  • Year Built: 1910
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1910

Interior Features

  • Total Flrs: 3
  • No Bedrooms: 9
  • Total Brs: 9
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 18
  • Basement: Y
  • Main Lo: AN6501
  • Main So: G95022
  • Estimated Sq Ft: 5091.00

Exterior Features

  • Construction: Stone/Concrete
  • Foundation: Poured Concrete

Garage/Parking

  • Parking Spaces: 5

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water

Lot Info

  • Assessments: 403100.00
  • Acre: 0.11
  • Lot Size: 4651.00
  • Page: 2
  • Zoning: RES
  • Lot Description: Paved Drive

Multi Family

  • Total Levels: 3
  • Total Rms: 18
  • No Units: 3
  • Mf Type: 3 Family - 3 Units Up/Down

Tax Info

  • Taxes: 5010.53
  • Assessor Parcel Number: 4207523
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2021
Closed on
Apr 9, 2021
Sold by
Borgen Vinicio
Bought by
Reyes Maria I and Castillo Wilson B
Seller's Agent
Bienvenido Soto
Berkshire Hathaway HomeSevices Verani Realty Lawrence
Buyer's Agent
Team Ortega
Keller Williams Realty
List Price
$639,900
Sold Price
$654,000
Premium/Discount to List
$14,100
2.2%
Current Estimated Value
$837,565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,565
Avg. Annual Appreciation
5.68%
Original Mortgage
$642,154
Outstanding Balance
$583,917
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$250,027

Purchase Details

Closed on
Oct 21, 2011
Sold by
Borgen David and Borgen Vinicio
Bought by
Borgen Vinicio

Purchase Details

Closed on
Aug 12, 2003
Sold by
Castillo Victor J
Bought by
Borgen David and Borgen Vinicio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,300
Interest Rate
5.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 26, 2000
Sold by
Greene John F
Bought by
Castillo Victor J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,322
Interest Rate
8%
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
Reyes Maria I $654,000 None Available
Borgen Vinicio -- --
Borgen David $327,000 --
Castillo Victor J $159,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reyes Maria I $40,000
Closed Reyes Maria I $28,120
Open Reyes Maria I $642,154
Previous Owner Borgen Vinicio $345,600
Previous Owner Borgen David $315,300
Previous Owner Castillo Victor J $3,000
Previous Owner Castillo Victor J $155,322
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2021 04/09/21 Sold $654,000 +2.2% $128 / Sq Ft
02/15/2021 02/15/21 Pending -- -- --
02/10/2021 02/10/21 For Sale $639,900 -- $126 / 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 $6,793 $771,900 $109,100 $662,800
2024 $6,358 $687,300 $114,600 $572,700
2023 $5,743 $565,300 $110,700 $454,600
2022 $5,719 $499,900 $104,400 $395,500
2021 $5,436 $443,000 $104,400 $338,600
2020 $5,011 $403,100 $87,000 $316,100
2019 $4,337 $317,000 $64,600 $252,400
2018 $4,237 $295,900 $58,600 $237,300
2017 $3,965 $258,500 $55,500 $203,000
2016 $4,017 $259,000 $43,300 $215,700
2015 $3,692 $244,200 $43,300 $200,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72784262

MLS Property Information Network (MLS PIN)

APN: LAWR-000151-000000-000033