NOT LISTED FOR SALE

14 Clarence Terrace Unit 16 Lawrence, MA 01841

Prospect Hill-Back Bay Neighborhood

Estimated Value: $638,428 - $888,000

6 Beds
3 Baths
3,876 Sq Ft
$205/Sq Ft Est. Value

Last Sold June 29, 2016

Last sale price $350,000 $90 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $4,744/month

102 Days on Market

About This Home

As of June 2016

Three Family house located in the PROSPECT HILL AREA, on a dead end street. Replacement windows, newer vinyl siding, newer roof, electrical and systems. That hard part is done. Become an investor or get to the next level with this excellent turn key investment in a great location.

Last Agent to Sell the Property

Juan Marte

Coco, Early & Associates License #456014115 Listed on: 01/29/2016

Last Buyer's Agent

Yanelys Martinez

LAER Realty Partners

LAER Realty Partners

Property Details

Home Type

Multi-Family

Year Built

1900

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
  • Stories: 3
  • Year Built: 1900

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 15
  • Amenities: Highway Access, Public School
  • Basement: Full, Interior Access, Unfinished Basement
  • Total Levels: 3

Exterior Features

  • Foundation: Fieldstone

Garage/Parking

  • Parking Spaces: 3

Utilities

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

Condo/Co-op/Association

  • Total Units: 3

Lot Info

  • Zoning: Res

Multi Family

  • APOD Available: Yes
  • Common Room: Mudroom
  • Total Bedrooms: 6
  • Total Floors: 6
  • Total Full Baths: 3
  • Total Levels: 3
  • Total Rms: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 13, 2020
Sold by
Gross Julio A and Acosta Stephanie
Bought by
Gross-Gonzalez Julio A
Current Estimated Value
$796,107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Outstanding Balance
$335,823
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$460,284

Purchase Details

Listed on
Jan 29, 2016
Closed on
Jun 30, 2016
Sold by
Castillo-Rijos Andres and Guerrero Maribel
Bought by
Gross Julio A and Acosta Stephanie
Seller's Agent
Juan Marte
Coco, Early & Associates
Buyer's Agent
Yanelys Martinez
LAER Realty Partners
List Price
$349,900
Sold Price
$350,000
Premium/Discount to List
$100
0.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.09%
Original Mortgage
$343,660
Interest Rate
3.58%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 1, 2013
Closed on
Jul 23, 2013
Sold by
Peralta Saturnino A
Bought by
Castillo-Rijos Andres and Guerrero Maribel
Seller's Agent
Ana Maria Frias
Profile Realty, Inc.
Buyer's Agent
Ana Maria Frias
Profile Realty, Inc.
List Price
$189,900
Sold Price
$280,000
Premium/Discount to List
$90,100
47.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.89%
Original Mortgage
$274,928
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 17, 2011
Closed on
May 17, 2012
Sold by
Oguntulo Olufemi A
Bought by
Peralta Saturnino A
Seller's Agent
Ana Maria Frias
Profile Realty, Inc.
Buyer's Agent
Ana Maria Frias
Profile Realty, Inc.
List Price
$189,900
Sold Price
$165,000
Premium/Discount to List
-$24,900
-13.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
56.54%
Original Mortgage
$190,225
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 30, 2006
Sold by
Njuguna Caroline
Bought by
Oguntolu Olufemi A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
6.34%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 7, 2003
Sold by
Guerrero Marino and Guerrero Isabel M
Bought by
Njuguna Caroline

Purchase Details

Closed on
Apr 26, 1996
Sold by
Hart Michael J
Bought by
Guerrero Marino

Purchase Details

Closed on
Apr 17, 1987
Sold by
Saber Nominee Trust
Bought by
Hart Michael J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gross-Gonzalez Julio A -- None Available
Gross Julio A $350,000 --
Castillo-Rijos Andres $280,000 --
Castillo-Rijos Andres $280,000 --
Peralta Saturnino A $165,000 --
Peralta Saturnino A $165,000 --
Oguntolu Olufemi A $345,000 --
Oguntolu Olufemi A $345,000 --
Njuguna Caroline $275,000 --
Guerrero Marino $58,000 --
Hart Michael J $167,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gross-Gonzalez Julio A $380,000
Previous Owner Gross Julio A $343,660
Previous Owner Castillo-Rijos Andres $274,928
Previous Owner Peralta Saturnino A $190,225
Previous Owner Oguntolu Olufemi A $276,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/29/2016 06/29/16 Sold $350,000 0.0% $90 / Sq Ft
05/10/2016 05/10/16 Pending -- -- --
05/04/2016 05/04/16 For Sale $349,900 0.0% $90 / Sq Ft
03/13/2016 03/13/16 Pending -- -- --
01/29/2016 01/29/16 For Sale $349,900 +25.0% $90 / Sq Ft
07/22/2013 07/22/13 Sold $280,000 +47.4% $72 / Sq Ft View Prior Sale
06/22/2013 06/22/13 Pending -- -- --
02/01/2013 02/01/13 For Sale $189,900 +15.1% $49 / Sq Ft
05/17/2012 05/17/12 Sold $165,000 -13.1% $43 / Sq Ft View Prior Sale
04/17/2012 04/17/12 Pending -- -- --
11/17/2011 11/17/11 For Sale $189,900 -- $49 / 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 $6,670 $757,900 $111,000 $646,900
2024 $6,520 $704,900 $107,300 $597,600
2023 $6,444 $634,300 $92,500 $541,800
2022 $6,075 $531,000 $85,800 $445,200
2021 $5,729 $466,900 $85,800 $381,100
2020 $4,881 $392,700 $68,800 $323,900
2019 $4,681 $342,200 $71,200 $271,000
2018 $4,683 $327,000 $64,800 $262,200
2017 $4,697 $306,200 $64,100 $242,100
2016 $4,225 $272,400 $42,700 $229,700
2015 $4,051 $267,900 $42,700 $225,200
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Juan Marte

    Coco, Early & Associates

    Section Image
  • Yanelys Martinez

    Buyer's Agent in 2016

    Yanelys Martinez

    Laer Realty

    (978) 495-2396

    6 in this area

    57 Total Sales

    Yanelys Martinez
    Section Image
  • Ana Maria Frias

    Seller's Agent in 2013

    Ana Maria Frias

    Profile Realty, Inc.

    (978) 208-1727

    4 in this area

    14 Total Sales

    Ana Maria Frias
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71953804

MLS Property Information Network (MLS PIN)

APN: LAWR-000090-000000-000105

Massachusetts Essex County Lawrence 01841 Prospect Hill-Back Bay

14 Clarence Terrace Unit 16, Lawrence, MA

Not Listed for Sale

MultiFamily

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