NOT LISTED FOR SALE

Estimated Value: $739,268 - $807,000

4 Beds
2 Baths
2,172 Sq Ft
$357/Sq Ft Est. Value

Sale Details

Date Sold: April 27, 2022

Last sale price $623,000 $287 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $4,729 / mo

10 Days on Market

Highlights

  • Medical Services
  • Wood Flooring
  • Cooling Available
  • Property is near public transit and schools
  • Jogging Path
  • Park

About This Home

As of April 2022

Well maintained 2 Unit asset that sits on the Lawrence/Methuen line with plenty of off street parking, backyard for recreational use, good sized bedrooms, basement for storage and could not be more strategically located. This property was previously Owner occupied for many years and is a rare opportunity to purchase in a much desired Tower Hill section of the city.

Last Agent to Sell the Property

Israel Reyes

Hancock Realty Group LLC Listed on: 02/22/2022

Last Buyer's Agent

Olivares & Molina Team

Realty One Group Nest

Realty One Group Nest

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,911

Year Built

  • Built in 1920

Lot Details

  • 4,792

Parking

  • 1 Car Garage
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Duplex
  • Block Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,172 Sq Ft Home
  • Property has 1 Level
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Cooling Available
  • 2 Heating Zones
  • Heating Available
  • Natural Gas Connected
  • Gas Water Heater

Additional Features

  • 4,792 Sq Ft Lot
  • Property is near public transit and schools

Listing and Financial Details

  • Total Actual Rent $1,350
  • Assessor Parcel Number M:0242 B:0000 L:0022,4212595

Community Details

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Park
  • Jogging Path

Additional Features

  • 2 Units
  • Net Operating Income $16,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,911

Year Built

Built in 1920

Lot Details

4,792 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1920
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood,Vinyl
  • Interior Amenities: Unit 1 Rooms(Living Room,Kitchen,Family Room), Unit 2 Rooms(Living Room,Kitchen,Family Room)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator), Gas Water Heater, Utility Connections for Gas Range
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full
  • Living Area: 2172
  • Stories Total: 3
  • MAIN LO: AN1124
  • MAIN SO: AN6420

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Block
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Driveway
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Cooling: Unit 1(Window AC), Unit 2(Window AC)
  • Heating: Unit 1(Gas), Unit 2(Gas)
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 2

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, Public School
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:0242 B:0000 L:0022,4212595
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 4791.6
  • Lot Size Units: Acres
  • LOT SIZE: 5000

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4911

Multi Family

  • Net Operating Income: 16200
  • Number Of Units Total: 2
  • Total Actual Rent: 1350
  • LEVELS 1: 1
  • LEASE 2: N
  • LEASE 1: Y

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2022
Closed on
Apr 27, 2022
Sold by
Bought by
Seller's Agent
Israel Reyes
Hancock Realty Group LLC
Buyer's Agent
Olivares & Molina Team
Realty One Group Nest
List Price
$579,900
Sold Price
$623,000
Premium/Discount to List
$43,100
7.43%
Current Estimated Value
$775,067

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,067
Avg. Annual Appreciation
5.25%
Original Mortgage
$611,715
Interest Rate
0.0512%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 31, 2002
Sold by
Bought by

Purchase Details

Closed on
Oct 28, 1997
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$623,000 None Available
$277,000 --
$114,200 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $611,715
Previous Owner $281,600
Previous Owner $30,000
Previous Owner $30,000
Previous Owner $113,600
Previous Owner $50,000
Previous Owner $20,000
Previous Owner $27,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/27/2022 04/27/22 Sold $623,000 +7.4% $287 / Sq Ft
03/05/2022 03/05/22 Pending -- -- --
02/22/2022 02/22/22 For Sale $579,900 -- $267 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,681 $645,600 $121,700 $523,900
2024 $5,833 $630,600 $117,600 $513,000
2023 $5,698 $560,800 $103,000 $457,800
2022 $4,911 $429,300 $95,700 $333,600
2021 $4,795 $390,800 $95,700 $295,100
2020 $4,684 $376,800 $81,100 $295,700
2019 $4,985 $364,400 $70,200 $294,200
2018 $4,468 $312,000 $67,100 $244,900
2017 $4,395 $286,500 $64,800 $221,700
2016 $4,067 $262,200 $46,000 $216,200
2015 $3,902 $258,100 $46,000 $212,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72944954

MLS Property Information Network (MLS PIN)

APN: LAWR-000242-000000-000022

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