Seller's Agent in 2024
Patrick Hermans
J. Borstell Real Estate, Inc.
(978) 580-7157
2 in this area
50 Total Sales
15 Clifton St Unit 17 Lawrence, MA 01843
South West NeighborhoodEstimated Value: $836,000 - $849,000
7
Beds
3
Baths
2,973
Sq Ft
$283/Sq Ft
Est. Value
Highlights
- Property is near public transit
- Porch
- Park
- Wood Flooring
- Living Room
- 4-minute walk to Donovan Park
About This Home
As of April 2024Don't miss this opportunity to own a large and recently updated 3 family in South Lawrence. Just a couple of blocks off of South Broadway, the property is conveniently located near shops, restaurants and the highway. The spacious units, high ceilings and fenced-in backyard makes these units very desirable for prospective tenants and keeps the units in demand. The property is in turn-key condition, it's separately metered, there's coin operated laundry in the basement, and all tenants are TAW, making this a great investment for the long-term investor looking for cashflow, as well as an option for any owner occupant looking for a great place to live and collect rent.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,888
Year Built
- Built in 1920
Lot Details
- 4,000 Sq Ft Lot
- Fenced
- Level Lot
Parking
- Open Parking
Home Design
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 2,973 Sq Ft Home
- Living Room
- Dining Room
- Wood Flooring
- Range
Bedrooms and Bathrooms
- 7 Bedrooms
- 3 Full Bathrooms
Laundry
- Dryer
- Washer
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Utilities
- Forced Air Heating System
- 3 Heating Zones
- Heating System Uses Natural Gas
- Heating System Uses Oil
- Baseboard Heating
Additional Features
- Porch
- Property is near public transit
Listing and Financial Details
- Total Actual Rent $4,800
- Rent includes unit 1(water), unit 2(water), unit 3(water)
- Tax Lot 0046
- Assessor Parcel Number 4206659
Community Details
Overview
- 3 Units
- Property has 1 Level
Recreation
- Park
Building Details
- Water Sewer Expense $2,000
- Operating Expense $2,000
- Net Operating Income $57,600
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 14, 2019
Closed on
Jan 30, 2020
Sold by
Dejesus Victor
Bought by
Osei Nana N
Seller's Agent
Olivares & Molina Team
Realty One Group Nest
Buyer's Agent
Patrick Hermans
J. Borstell Real Estate, Inc.
List Price
$499,900
Sold Price
$499,900
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$341,433
Avg. Annual Appreciation
9.62%
Original Mortgage
$399,920
Outstanding Balance
$354,772
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$486,561
Purchase Details
Closed on
Jul 16, 2004
Sold by
Beaulieu Elphege A and Beaulieu Jeannette B
Bought by
Dejesus Victor
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,200
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Osei Nana N | $499,900 | None Available | |
| Dejesus Victor | $299,000 | -- | |
| Dejesus Victor | $299,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Osei Nana N | $399,920 | |
| Previous Owner | Dejesus Victor | $239,200 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/25/2024 04/25/24 | Sold | $780,000 | +0.6% | $262 / Sq Ft | |
| 02/26/2024 02/26/24 | Pending | -- | -- | -- | |
| 02/20/2024 02/20/24 | For Sale | $775,000 | +55.0% | $261 / Sq Ft | |
| 01/30/2020 01/30/20 | Sold | $499,900 | 0.0% | $168 / Sq Ft | View Prior Sale |
| 11/25/2019 11/25/19 | Pending | -- | -- | -- | |
| 11/14/2019 11/14/19 | For Sale | $499,900 | -- | $168 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $6,421 | $729,700 | $135,500 | $594,200 |
| 2024 | $5,888 | $636,500 | $109,200 | $527,300 |
| 2023 | $5,900 | $580,700 | $97,900 | $482,800 |
| 2022 | $5,358 | $468,400 | $90,300 | $378,100 |
| 2021 | $4,951 | $403,500 | $82,800 | $320,700 |
| 2020 | $4,503 | $362,300 | $72,300 | $290,000 |
| 2019 | $4,694 | $343,100 | $78,900 | $264,200 |
| 2018 | $4,305 | $300,600 | $78,900 | $221,700 |
| 2017 | $4,182 | $272,600 | $76,800 | $195,800 |
| 2016 | $4,002 | $258,000 | $65,200 | $192,800 |
| 2015 | $3,788 | $250,500 | $65,200 | $185,300 |
Source: Public Records
Agents Affiliated with this Home
-
Patrick Hermans
-
Jason Martinez
Buyer's Agent in 2024
Jason Martinez
Realty ONE Group Nest
(617) 708-7171
2 in this area
49 Total Sales
-
Olivares & Molina Team
Seller's Agent in 2020
Olivares & Molina Team
Realty One Group Nest
(978) 326-9200
19 in this area
374 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73203644
APN: LAWR-000138-000000-000046
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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