NOT LISTED FOR SALE

144 S Union St Unit 146 Lawrence, MA 01843

South Common Neighborhood

Estimated Value: $1,009,024

11 Beds
5 Baths
6,380 Sq Ft
$158/Sq Ft Est. Value

Last Sold March 29, 2017

Last sale price $595,000 $93 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $5,594/month

191 Days on Market

About This Home

As of March 2017

INVESTMENT PROPERTY OPPORTUNITY!! At $599,900 the property is almost a 10% Cap, 4 apartments fully rented, 3 of them are 3 bedrooms and 1 is a 2 bedroom. 2 commercial store fronts one fully rented and the other tenant recently moved out in may. Very low maintenance as the property was fully renovated in 2013 which full gut of all apartments, Heating System, Water Heaters, Gas Meters, 600 amp service, Roofs, Fire alarm panel. All common areas have been freshly painted. Come take look!

Last Listed By

Henry Matos

Coldwell Banker Realty - Salem Listed on: 07/27/2016

Property Details

Home Type

Multi-Family

Year Built

1905

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: 1905

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 22
  • Basement: Full
  • Total Levels: 4

Exterior Features

  • Foundation: Fieldstone

Utilities

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

Condo/Co-op/Association

  • Total Units: 6

Lot Info

  • Zoning: B2

Multi Family

  • Total Bedrooms: 11
  • Total Floors: 10
  • Total Full Baths: 5
  • Total Levels: 1
  • Total Rms: 21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2016
Closed on
Mar 29, 2017
Sold by
Catalano Joseph
Bought by
Mejia Jorge W
Seller's Agent
Henry Matos
Coldwell Banker Realty - Salem
Buyer's Agent
Macelly Sanchez
Realty ONE Group Nest
List Price
$599,900
Sold Price
$595,000
Premium/Discount to List
-$4,900
-0.82%
Total Days on Market
191
Current Estimated Value
$1,009,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$414,024
Avg. Annual Appreciation
6.73%
Original Mortgage
$446,250
Outstanding Balance
$375,126
Interest Rate
4.15%
Mortgage Type
Commercial
Estimated Equity
$633,898

Purchase Details

Closed on
Nov 28, 2012
Sold by
Northpoint Prop Svcs I
Bought by
Catalano Joseph

Purchase Details

Closed on
Apr 5, 2011
Sold by
Goldman Sachs Mtg Co
Bought by
Northpoint Prop Svcs I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,800
Interest Rate
5.04%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 26, 2010
Sold by
Garcia Carlos W
Bought by
Goldman Sachs Mortgage

Purchase Details

Closed on
Jun 6, 2008
Sold by
Garcia Carlos W
Bought by
Popular Fncl Svcs Llc

Purchase Details

Closed on
Apr 24, 2006
Sold by
Mora Andrea A
Bought by
Garcia Carlos W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$321,300
Interest Rate
6.37%
Mortgage Type
Commercial

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
Mejia Jorge W $595,000 --
Catalano Joseph $360,000 --
Northpoint Prop Svcs I $162,000 --
Goldman Sachs Mortgage $150,000 --
Goldman Sachs Mortgage $150,000 --
Popular Fncl Svcs Llc $287,920 --
Garcia Carlos W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mejia Jorge W $150,000
Open Mejia Jorge W $446,250
Previous Owner Catalano Joseph $200,000
Previous Owner Garcia Carlos W $60,000
Previous Owner Goldman Sachs Mortgage $77,800
Previous Owner Garcia Carlos W $113,000
Previous Owner Garcia Carlos W $321,300
Previous Owner Garcia Carlos W $15,000
Previous Owner Garcia Carlos W $35,000
Previous Owner Garcia Carlos W $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2017 03/29/17 Sold $595,000 -0.8% $93 / Sq Ft
02/03/2017 02/03/17 Pending -- -- --
01/20/2017 01/20/17 For Sale $599,900 +0.8% $94 / Sq Ft
01/19/2017 01/19/17 Off Market $595,000 -- --
11/03/2016 11/03/16 Price Changed $599,900 -3.2% $94 / Sq Ft
10/13/2016 10/13/16 Price Changed $619,900 -4.6% $97 / Sq Ft
09/22/2016 09/22/16 Price Changed $649,900 -7.1% $102 / Sq Ft
07/27/2016 07/27/16 For Sale $699,900 -- $110 / 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 -- $924,300 $152,800 $771,500
2024 -- $836,100 $155,700 $680,400
2023 $0 $721,900 $129,900 $592,000
2022 $0 $603,200 $118,500 $484,700
2021 $0 $555,400 $118,500 $436,900
2020 $0 $542,700 $109,900 $432,800
2019 $0 $471,500 $97,100 $374,400
2018 $0 $371,800 $87,900 $283,900
2017 $0 $347,700 $76,100 $271,600
2016 -- $334,900 $72,500 $262,400
2015 -- $334,900 $72,500 $262,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72044931

MLS Property Information Network (MLS PIN)

APN: LAWR-000081-000000-000062