NOT LISTED FOR SALE

18-20 Hobson St Lawrence, MA 01841

Tower Hill Neighborhood

Estimated Value: $619,644 - $869,000

6 Beds
2 Baths
2,664 Sq Ft
$290/Sq Ft Est. Value

Last Sold November 27, 2012

Last sale price $175,000 $66 Per Sq Ft

Est. 332% increase in value since last sale

Current estimated payment $4,602/month

12 Days on Market

Highlights

  • 1 Car Detached Garage
  • Hot Water Heating System
  • Asbestos

About This Home

As of November 2012

Property is owned by Housing and Urban Development (HUD) Case # 251-326808 UI. This property cannot be financed with a FHA 203b, FHA 203k loan required if financing with an FHA loan. Property to be sold in as-is condition. Neither owner nor agent makes any warranties or representations. Property is sold AS IS AS SEEN.

Last Agent to Sell the Property

Asset Mgmt Division

Allison James Estates and Homes Listed on: 08/08/2012

Last Buyer's Agent

Marlene Minemier

K.M. Minemier Associates LLC License #055806

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,529

Year Built

  • Built in 1910

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Sloped Up

Parking

  • 1 Car Detached Garage

Home Design

  • Duplex
  • Brick Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Shingle Siding
  • Asbestos

Interior Spaces

  • 2 Full Bathrooms
  • 2,664 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 30

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,529

Year Built

Built in 1910

Lot Details

0

Parking

1

Listing Details

  • Status Detail: Closed
  • Style: Duplex
  • Directions: Please use map program for specific directions from your location
  • Flood Zone: Unknown
  • Assessment Amount: 177000
  • Construction: Existing
  • Foreclosedbank Ownedreo: Yes
  • Seasonal: Unknown
  • Total Stories: 2
  • Price Per Sq Ft: 65.69
  • Property Class: Multi-Family
  • Sq Ft - Apx Total Finished: 2664
  • Year Built: 1910
  • Remarks Public: Property is owned by Housing and Urban Development (HUD) Case # 251-326808 UI. This property cannot be financed with a FHA 203b, FHA 203k loan required if financing with an FHA loan. Property to be sold in as-is condition. Neither owner nor agent makes any warranties or representations. Property is sold AS IS AS SEEN.
  • List Agent: 25628
  • Special Features: 20
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Description: Full
  • Sq Ft - Apx Finished AG: 2664

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Asbestos, Shingle
  • Foundation: Brick, Granite
  • Road Frontage: TBD
  • Roads: Public
  • Roof: Shingle - Asphalt

Garage/Parking

  • Garage Capacity: 1
  • Garage: Yes
  • Garage Type: Detached

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas - Natural
  • Heating Fuel: Gas - Natural
  • Heating: Hot Water

Lot Info

  • Map: 205
  • Lot: 30
  • Lot Sq Ft: 4792
  • Lot Acres: 0.11
  • Lot Description: City Lot
  • Surveyed: Unknown
  • Zoning: Res
  • Deed Book: 9480
  • Deed Page: 215
  • Deed Recorded Type: Foreclosure

Multi Family

  • Total Full Baths: 2
  • Total Units: 2
  • Total3 Plus Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 2529.33
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2012
Closed on
Nov 27, 2012
Sold by
Department Of Housing & Urban Dev
Bought by
Maria Julio
Seller's Agent
Asset Mgmt Division
Allison James Estates and Homes
Buyer's Agent
Marlene Minemier
K.M. Minemier Associates LLC
List Price
$138,000
Sold Price
$175,000
Premium/Discount to List
$37,000
26.81%
Current Estimated Value
$756,774

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$581,774
Avg. Annual Appreciation
11.91%
Original Mortgage
$166,250
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 2, 2012
Sold by
Gmac Mortgage Llc
Bought by
Department Of Housing & Urban Dev

Purchase Details

Closed on
Mar 27, 2012
Sold by
Faria Louis A
Bought by
Gmac Mortgage Llc

Purchase Details

Closed on
Apr 28, 2005
Sold by
Portorreal Rosa A
Bought by
Faria Louis A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,200
Interest Rate
5.95%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Maria Julio $175,000 --
Department Of Housing & Urban Dev -- --
Gmac Mortgage Llc $320,392 --
Faria Louis A $339,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maria Julio $346,500
Closed Maria Julio $106,000
Closed Maria Julio $60,000
Closed Maria Julio $166,250
Previous Owner Portorreal Geraldo $26,153
Previous Owner Faria Louis A $287,752
Previous Owner Faria Louis A $271,200
Previous Owner Portorreal Rosa A $235,900
Previous Owner Portorreal Geraldo $232,942
Previous Owner Portorreal Geraldo $178,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2012 11/27/12 Sold $175,000 +26.8% $66 / Sq Ft
08/20/2012 08/20/12 Pending -- -- --
08/08/2012 08/08/12 For Sale $138,000 -- $52 / Sq Ft
Source: PrimeMLS

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 $5,065 $575,600 $120,300 $455,300
2024 $4,782 $517,000 $116,300 $400,700
2023 $4,931 $485,300 $101,900 $383,400
2022 $4,379 $382,800 $94,700 $288,100
2021 $4,283 $349,100 $94,700 $254,400
2020 $4,001 $321,900 $80,200 $241,700
2019 $3,906 $285,500 $69,500 $216,000
2018 $3,802 $265,500 $66,300 $199,200
2017 $3,475 $226,500 $64,100 $162,400
2016 $3,453 $222,600 $45,500 $177,100
2015 $3,331 $220,300 $45,500 $174,800
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2012

    Asset Mgmt Division

    Allison James Estates and Homes

  • M

    Buyer's Agent in 2012

    Marlene Minemier

    K.M. Minemier Associates LLC

    (877) 394-8736

    3 Total Sales

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Map

Source: PrimeMLS

MLS Number: 4178357

PrimeMLS

APN: LAWR-000205-000000-000030

Massachusetts Essex County Lawrence 01841 Tower Hill

18-20 Hobson St, Lawrence, MA

This home is located at 18-20 Hobson St, Lawrence, MA 01841 since 08 August 2012 and is currently estimated at $772,161, approximately $289 per square foot. This property was built in 1910. 18-20 Hobson St is a home located in Essex County with nearby schools including Gerard A. Guilmette School, School For Exceptional Studies, and Lawrence Family Development Charter School.

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