NOT LISTED FOR SALE

114 Olive Ave Lawrence, MA 01841

Tower Hill Neighborhood

Estimated Value: $670,631 - $727,000

6 Beds
2 Baths
2,349 Sq Ft
$303/Sq Ft Est. Value

Last Sold May 31, 2016

Last sale price $355,000 $151 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $4,225/month

7 Days on Market

About This Home

As of May 2016

Pride of ownership shows throughout this meticulously maintained two family home. Ideal commuter setting with easy access to major highways and public transportation. This desirable property is located among many single family homes. It has been totally updated: new roof and siding, replacement windows, some hardwood flooring, ceramic tiles, granite counter tops, high efficiency heating system, separate utilities, freshly painted, backyard and parking. Second floor unit townhouse style. WON'T LAST!!!!!

Last Agent to Sell the Property

Patricia Valley

Realty ONE Group Nest Listed on: 03/07/2016

Realty ONE Group Nest

Last Buyer's Agent

Stalin Cortorreal

Weichert Realtors' Daher Companies

Weichert Realtors' Daher Companies

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,474

Year Built

1920

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Property Type: Multi-family
  • Other Agent: 2.00
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1920

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 11
  • Basement: Full
  • Total Levels: 3

Exterior Features

  • Foundation: Poured Concrete

Garage/Parking

  • Parking Spaces: 10

Utilities

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

Condo/Co-op/Association

  • Total Units: 2

Lot Info

  • Zoning: RES

Multi Family

  • Total Bedrooms: 6
  • Total Floors: 3
  • Total Full Baths: 2
  • Total Levels: 3
  • Total Rms: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2016
Closed on
Jun 1, 2016
Sold by
Vargas Jose L and Joaquin Manuel E
Bought by
Rosario-Burgos Luis M
Seller's Agent
Patricia Valley
Realty ONE Group Nest
Buyer's Agent
Stalin Cortorreal
Weichert Realtors' Daher Companies
List Price
$349,000
Sold Price
$355,000
Premium/Discount to List
$6,000
1.72%
Current Estimated Value
$710,908

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$355,908
Avg. Annual Appreciation
7.71%
Original Mortgage
$344,350
Outstanding Balance
$274,243
Interest Rate
3.59%
Mortgage Type
New Conventional
Estimated Equity
$436,665

Purchase Details

Listed on
Feb 23, 2015
Closed on
Jul 20, 2015
Sold by
Stone Ronald and Stone Denise
Bought by
Vargas Jose L and Joaquin Manuel E
Seller's Agent
Jennifer Hamilton-Bower
Keller Williams Realty
Buyer's Agent
Patricia Valley
Realty ONE Group Nest
List Price
$73,500
Sold Price
$62,000
Premium/Discount to List
-$11,500
-15.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
643.15%

Purchase Details

Closed on
Jun 16, 1995
Sold by
Lannon William A
Bought by
Stone Ronald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,950
Interest Rate
8.24%
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
Rosario-Burgos Luis M $355,000 --
Vargas Jose L $62,000 --
Stone Ronald $50,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rosario-Burgos Luis M $344,350
Previous Owner Stone Ronald $54,920
Previous Owner Stone Ronald $47,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2016 05/31/16 Sold $355,000 +1.7% $151 / Sq Ft
03/14/2016 03/14/16 Pending -- -- --
03/07/2016 03/07/16 For Sale $349,000 +462.9% $149 / Sq Ft
07/20/2015 07/20/15 Sold $62,000 0.0% $42 / Sq Ft
07/01/2015 07/01/15 Pending -- -- --
06/29/2015 06/29/15 Off Market $62,000 -- --
06/23/2015 06/23/15 For Sale $73,500 0.0% $50 / Sq Ft
06/13/2015 06/13/15 Pending -- -- --
05/28/2015 05/28/15 Price Changed $73,500 -8.0% $50 / Sq Ft
05/18/2015 05/18/15 Price Changed $79,900 -20.0% $55 / Sq Ft
04/09/2015 04/09/15 Price Changed $99,900 -9.1% $68 / Sq Ft
02/23/2015 02/23/15 For Sale $109,900 -- $75 / 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 $5,474 $622,000 $140,000 $482,000
2024 $5,623 $607,900 $135,300 $472,600
2023 $5,797 $570,600 $118,500 $452,100
2022 $5,137 $449,000 $110,100 $338,900
2021 $5,018 $409,000 $110,100 $298,900
2020 $4,687 $377,100 $93,300 $283,800
2019 $4,795 $350,500 $80,800 $269,700
2018 $4,664 $325,700 $77,200 $248,500
2017 $4,240 $276,400 $74,500 $201,900
2016 $3,501 $225,700 $53,000 $172,700
2015 $1,571 $103,900 $53,000 $50,900
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2016

    Patricia Valley

    Realty ONE Group Nest

    (978) 655-1385

    5 in this area

    47 Total Sales

    Patricia Valley
    Section Image

  • S

    Buyer's Agent in 2016

    Stalin Cortorreal

    Weichert Realtors' Daher Companies

    (978) 429-6463

    10 Total Sales

    Stalin Cortorreal
    Section Image
  • Jennifer Hamilton-Bower

    Seller's Agent in 2015

    Jennifer Hamilton-Bower

    Keller Williams Realty

    (508) 954-7941

    3 in this area

    208 Total Sales

    Jennifer Hamilton-Bower
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71968643

MLS Property Information Network (MLS PIN)

APN: LAWR-000227-000000-000047

Massachusetts Essex County Lawrence 01841 Tower Hill

114 Olive Ave, Lawrence, MA

This home is located at 114 Olive Ave, Lawrence, MA 01841 since 07 March 2016 and is currently estimated at $710,908, approximately $302 per square foot. This property was built in 1920. 114 Olive Ave is a home located in Essex County with nearby schools including Gerard A. Guilmette School, School For Exceptional Studies, and Lawrence Family Development Charter School.

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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