NOT LISTED FOR SALE

Estimated Value: $1,162,000 - $1,443,000

7 Beds
4 Baths
3,373 Sq Ft
$387/Sq Ft Est. Value

Last Sold June 09, 2022

Last sale price $1,225,000 $363 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $7,864/month

34 Days on Market

About This Home

As of June 2022

*Back on the market due to buyers being denied their loan*.Your turnkey two family is here! 128 Lawrence St is a beautiful two family located in the Wellington neighborhood of Medford. Positioned near major highways, Assembly Row, Wellington Train station and a short ride into Boston. The property is fully occupied with tenants and commands strong rents. 128 Lawrence is has been well maintained throughout the years with numerous extensive updates (see attached doc with updates). Plenty of parking with two driveways. Each unit has their own laundry as well. Both units have rear decks overlooking the expansive back yard. Both leases expire on 8/31/2022.

Last Agent to Sell the Property

The Pezzano Group

Rise Signature Homes Listed on: 03/15/2022

Co-Listed By

Peter Pezzano

Rise Signature Homes

Last Buyer's Agent

The Elite Team

Phoenix Real Estate Partners, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,588

Year Built

  • Built in 1920

Lot Details

  • 4,792 Sq Ft Lot
  • Level Lot

Home Design

  • Stone Foundation

Interior Spaces

  • 3,373 Sq Ft Home
  • Property has 1 Level
  • Unfinished Basement

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Parking

  • 6 Car Parking Spaces
  • Off-Street Parking

Utilities

  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number M:N15 B:0021,640517

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,588

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1920
  • Buyer Agency: 2%
  • Buyer Agency Type: %
  • Transaction Broker: 0
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 3

Interior Features

  • Fireplace YN: No
  • Appliances: Gas Water Heater
  • Total Bedrooms: 7
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Total Bathrooms: 4
  • Basement: Unfinished
  • Living Area: 3373
  • Stories Total: 3
  • MAIN LO: AN2383
  • LIST PRICE PER Sq Ft: 363.18
  • PRICE PER Sq Ft: 363.18
  • MAIN SO: AN2591

Exterior Features

  • Foundation Details: Stone
  • Road Frontage Type: Public
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel Number: M:N15 B:0021,640517
  • Zoning: UK
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Sq Ft: 4791.6
  • Lot Size Units: Acres
  • LOT SIZE: 5000
  • PAGE: 3

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 7588
  • Tax Book Number: 68353

Multi Family

  • Number Of Units Total: 2
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 2
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 21, 2021
Sold by
Azatyants Albert
Bought by
Lawrence Street 128 Llc
Current Estimated Value
$1,306,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$727,350
Interest Rate
2.6%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Nov 4, 2016
Sold by
Giolito Dora Est
Bought by
Azatyants Albert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$569,800
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 16, 2004
Sold by
Giolito Ft
Bought by
Giolito Dora G
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
Lawrence Street 128 Llc -- None Available
Azatyants Albert $590,000 --
Giolito Dora G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Xu Jian $875,000
Closed Lawrence St 128 Llc $727,350
Previous Owner Azatyants Albert $38,000
Previous Owner Azatyants Albert $569,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2022 06/09/22 Sold $1,225,000 0.0% $363 / Sq Ft
04/19/2022 04/19/22 Pending -- -- --
04/18/2022 04/18/22 Price Changed $1,225,000 -2.0% $363 / Sq Ft
04/08/2022 04/08/22 For Sale $1,250,000 0.0% $371 / Sq Ft
03/26/2022 03/26/22 Pending -- -- --
03/15/2022 03/15/22 For Sale $1,250,000 0.0% $371 / Sq Ft
05/28/2020 05/28/20 Rented $4,000 0.0% --
05/28/2020 05/28/20 Under Contract -- -- --
05/14/2020 05/14/20 For Rent $4,000 -- --
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 $8,949 $1,050,400 $329,500 $720,900
2024 $8,949 $1,050,400 $329,500 $720,900
2023 $8,006 $925,600 $308,000 $617,600
2022 $8,087 $897,600 $280,000 $617,600
2021 $7,588 $806,400 $266,600 $539,800
2020 $7,482 $815,000 $266,600 $548,400
2019 $7,136 $743,300 $242,400 $500,900
2018 $9,428 $662,800 $220,300 $442,500
2017 $5,828 $551,900 $205,900 $346,000
2016 $5,683 $507,900 $187,200 $320,700
2015 $5,360 $458,100 $178,300 $279,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72952997

MLS Property Information Network (MLS PIN)

APN: MEDF-000015-000000-N000021