NOT LISTED FOR SALE

185 Bailey St Unit 187 Lawrence, MA 01843

South Common Neighborhood

Estimated Value: $735,778 - $1,142,000

9 Beds
4 Baths
4,636 Sq Ft
$196/Sq Ft Est. Value

Last Sold August 31, 2016

Last sale price $402,000 $87 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $5,560/month

30 Days on Market

About This Home

As of August 2016

Very hard to find huge three family home in South Lawrence, great opportunity for investors or first time home buyers. Features updated kitchens and bathrooms, hardwood flooring, separate utilities, and freshly painted. Left first floor unit is a town house style with 9 rooms, 5 bedrooms, living room, dinning room, family room, kitchen, and two baths. The right side first floor unit has 4 rooms, 2 bedrooms, living room, kitchen and one bath. Third unit has 5 rooms 2 bedrooms, living room, dinning room, and kitchen. Contact us for more details or to schedule a private showing, this one will not last!!!

Last Agent to Sell the Property

Yanelys Martinez

LAER Realty Partners Listed on: 05/24/2016

LAER Realty Partners

Last Buyer's Agent

Jennelle Graziano

Berkshire Hathaway HomeServices Verani Realty Methuen

Berkshire Hathaway HomeServices Verani Realty Methuen

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,387

Year Built

1880

Lot Details

0

Listing Details

  • Lot Description: Corner, Paved Drive
  • Property Type: Multi-family
  • Other Agent: 2.00
  • Lead Paint: Certified Treated
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1880

Interior Features

  • Fireplaces: 2
  • Has Basement: Yes
  • Fireplaces: 2
  • Number of Rooms: 18
  • Amenities: Public Transportation, Shopping, Park, Laundromat, Highway Access, Public School, T-Station, Other (See Remarks)
  • Electric: Circuit Breakers, Other (See Remarks)
  • Energy: Storm Windows
  • Flooring: Wood, Tile, Vinyl, Wall to Wall Carpet, Hardwood
  • Basement: Full, Walk Out
  • Total Levels: 3

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Shingles
  • Exterior Features: Porch
  • Foundation: Poured Concrete

Garage/Parking

  • Garage Spaces: 2
  • Parking: Off-Street
  • Parking Spaces: 3

Utilities

  • Heat Zones: 3
  • Hot Water: Natural Gas, Leased Heater
  • Utility Connections: for Gas Range, for Gas Oven, Washer Hookup
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 3

Lot Info

  • Assessor Parcel Number: M:0082 B:0000 L:0069
  • Zoning: Res
  • Lot: 0069

Multi Family

  • Foundation: irr
  • Heat Units: 3
  • Total Bedrooms: 9
  • Total Fireplaces: 2
  • Total Floors: 5
  • Total Full Baths: 4
  • Total Levels: 3
  • Total Rms: 18
  • Total Rent_1: 3900

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2016
Closed on
Sep 1, 2016
Sold by
Figueroa Sixto
Bought by
Marizan Maria I
Seller's Agent
Yanelys Martinez
LAER Realty Partners
Buyer's Agent
Jennelle Graziano
Berkshire Hathaway HomeServices Verani Realty Methuen
List Price
$435,000
Sold Price
$402,000
Premium/Discount to List
-$33,000
-7.59%
Current Estimated Value
$909,195

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$507,195
Avg. Annual Appreciation
9.27%
Original Mortgage
$394,718
Outstanding Balance
$321,369
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$571,883

Purchase Details

Listed on
Feb 9, 2015
Closed on
Jan 5, 2016
Sold by
Castillo Carlos A
Bought by
Figueroa Sixto
Seller's Agent
Yanelys Martinez
LAER Realty Partners
Buyer's Agent
Yanelys Martinez
LAER Realty Partners
List Price
$249,000
Sold Price
$250,000
Premium/Discount to List
$1,000
0.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
107.66%
Original Mortgage
$187,500
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 11, 2005
Sold by
Lambert Dennis
Bought by
Castillo Carlos A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Marizan Maria I $402,000 --
Figueroa Sixto $245,000 --
Castillo Carlos A $322,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marizan Maria I $68,036
Closed Ventura Marizan $27,000
Open Marizan Maria I $394,718
Previous Owner Figueroa Sixto $187,500
Previous Owner Castillo Carlos A $336,000
Previous Owner Castillo Carlos A $6,695
Previous Owner Castillo Carlos A $258,000
Previous Owner Castillo Carlos A $64,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2016 08/31/16 Sold $402,000 -6.3% $87 / Sq Ft
06/23/2016 06/23/16 Pending -- -- --
06/10/2016 06/10/16 Price Changed $429,000 -1.4% $93 / Sq Ft
05/24/2016 05/24/16 For Sale $435,000 +74.0% $94 / Sq Ft
01/05/2016 01/05/16 Sold $250,000 +0.4% $54 / Sq Ft
02/24/2015 02/24/15 Pending -- -- --
02/09/2015 02/09/15 For Sale $249,000 -- $54 / 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 $7,387 $839,400 $123,200 $716,200
2024 $7,453 $805,700 $133,400 $672,300
2023 $7,041 $693,000 $123,700 $569,300
2022 $6,671 $583,100 $112,100 $471,000
2021 $6,001 $489,100 $112,100 $377,000
2020 $4,924 $396,100 $106,300 $289,800
2019 $5,004 $365,800 $88,400 $277,400
2018 $4,710 $328,900 $83,700 $245,200
2017 $4,248 $276,900 $79,000 $197,900
2016 $4,119 $265,600 $65,100 $200,500
2015 $4,474 $295,900 $65,100 $230,800
Source: Public Records

Agents Affiliated with this Home

  • Yanelys Martinez

    Seller's Agent in 2016

    Yanelys Martinez

    Laer Realty

    (978) 495-2396

    3 in this area

    66 Total Sales

    Yanelys Martinez
    Section Image

  • J

    Buyer's Agent in 2016

    Jennelle Graziano

    Berkshire Hathaway HomeServices Verani Realty Methuen

    (617) 610-0362

    3 in this area

    41 Total Sales

    Jennelle Graziano
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72011149

MLS Property Information Network (MLS PIN)

APN: LAWR-000082-000000-000069

Massachusetts Essex County Lawrence 01843 South Common

185 Bailey St Unit 187, Lawrence, MA

This home is located at 185 Bailey St Unit 187, Lawrence, MA 01843 since 24 May 2016 and is currently estimated at $909,195, approximately $196 per square foot. This property was built in 1880. 185 Bailey St Unit 187 is a home located in Essex County with nearby schools including John Breen School, South Lawrence East Elementary School, and School For Exceptional Studies.

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MLS Property Information Network (MLS PIN) 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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