NOT LISTED FOR SALE

140-142 Farnham St Lawrence, MA 01843

South Common Neighborhood

Estimated Value: $750,000 - $816,000

9 Beds
3 Baths
3,777 Sq Ft
$210/Sq Ft Est. Value

Last Sold March 03, 2023

Last sale price $630,000 $167 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $4,608/month

191 Days on Market

Highlights

  • Medical Services
  • Corner Lot
  • Tankless Water Heater
  • Property is near public transit
  • Park
  • Shops

About This Home

As of March 2023

Large 3 Family South Lawrence Home close to Commuter Rail loaded with Potential! Each unit has the same exact layout with high ceilings, 3 Bedrooms 1 Bath and additional room for office. All utilities are separated. Newer tankless hot water systems. Paved Driveway offers plenty of off street parking . Perfect for an investor or owner occupant.

Last Agent to Sell the Property

Brian Flynn

Coldwell Banker Realty - Lexington Listed on: 05/03/2022

Coldwell Banker Realty - Lexington

Co-Listed By

Chris Lam

Coldwell Banker Realty - Lexington

Last Buyer's Agent

Jose Silverio

Liriano Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,480

Year Built

  • Built in 1920

Lot Details

  • 3,346 Sq Ft Lot
  • Corner Lot

Home Design

  • 3,777 Sq Ft Home
  • Stone Foundation

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Parking

  • 6 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking

Location

  • Property is near public transit

Utilities

  • 3 Heating Zones
  • Separate Meters
  • Tankless Water Heater

Listing and Financial Details

  • Total Actual Rent $2,700
  • Assessor Parcel Number M:0081 B:0000 L:0041 A,4202512

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops

Recreation

  • Park

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,480

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1920
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Fireplace YN: No
  • Appliances: Tankless Water Heater
  • Total Bedrooms: 9
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Living Area: 3777
  • Stories Total: 6
  • MAIN LO: C95098
  • MAIN SO: G95022

Exterior Features

  • Foundation Details: Stone
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Paved
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Electric: Individually Metered
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Medical Facility

Lot Info

  • Parcel Number: M:0081 B:0000 L:0041 A,4202512
  • Zoning: R
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.08
  • Lot Size Sq Ft: 3346
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4480

Multi Family

  • Number Of Units Total: 3
  • Total Actual Rent: 2700
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2022
Closed on
Feb 28, 2023
Sold by
Laque T
Bought by
Guillen Francisco and Gil Lucedenia
Seller's Agent
Brian Flynn
Coldwell Banker Realty - Lexington
Buyer's Agent
Jose Silverio
Liriano Realty
List Price
$685,000
Sold Price
$630,000
Premium/Discount to List
-$55,000
-8.03%
Views
302
Current Estimated Value
$792,083

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,083
Avg. Annual Appreciation
8.62%
Original Mortgage
$567,000
Outstanding Balance
$547,981
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$244,102

Purchase Details

Closed on
May 15, 1985
Bought by
Laque Thi
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
Guillen Francisco $630,000 None Available
Laque Thi -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guillen Francisco $567,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/03/2023 03/03/23 Sold $630,000 -1.6% $167 / Sq Ft
11/11/2022 11/11/22 Pending -- -- --
10/25/2022 10/25/22 Price Changed $640,000 -3.0% $169 / Sq Ft
10/03/2022 10/03/22 Price Changed $660,000 -1.5% $175 / Sq Ft
09/28/2022 09/28/22 Price Changed $670,000 -2.2% $177 / Sq Ft
08/24/2022 08/24/22 For Sale $685,000 0.0% $181 / Sq Ft
06/27/2022 06/27/22 Pending -- -- --
05/03/2022 05/03/22 For Sale $685,000 -- $181 / 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 $5,445 $618,700 $91,100 $527,600
2024 $5,580 $603,200 $98,600 $504,600
2023 $5,217 $513,500 $91,500 $422,000
2022 $4,480 $391,600 $82,900 $308,700
2021 $4,260 $347,200 $82,900 $264,300
2020 $3,908 $314,400 $78,600 $235,800
2019 $3,949 $288,700 $65,300 $223,400
2018 $3,812 $266,200 $61,900 $204,300
2017 $3,521 $229,500 $58,400 $171,100
2016 $3,313 $213,600 $48,100 $165,500
2015 $3,352 $221,700 $48,100 $173,600
Source: Public Records

Agents Affiliated with this Home

  • Brian Flynn

    Seller's Agent in 2023

    Brian Flynn

    Coldwell Banker Realty - Lexington

    (617) 285-3328

    1 in this area

    148 Total Sales

    Brian Flynn
    Section Image
  • Chris Lam

    Seller Co-Listing Agent in 2023

    Chris Lam

    Coldwell Banker Realty - Lexington

    (781) 475-3368

    1 in this area

    30 Total Sales

    Chris Lam
    Section Image

  • J

    Buyer's Agent in 2023

    Jose Silverio

    Liriano Realty

    1 in this area

    6 Total Sales

    Jose Silverio
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72975451

MLS Property Information Network (MLS PIN)

APN: LAWR-000081-000000-000041A

Massachusetts Essex County Lawrence 01843 South Common

140-142 Farnham St, Lawrence, MA

Not Listed for Sale

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