NOT LISTED FOR SALE

185 Water St Lawrence, MA 01841

Tower Hill Neighborhood

Estimated Value: $464,000 - $567,000

4 Beds
2 Baths
1,071 Sq Ft
$487/Sq Ft Est. Value

Sale Details

Date Sold: June 23, 2022

Last sale price $385,000 $359 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $3,177 / mo

74 Days on Market

Highlights

  • Property is near public transit and schools
  • Coin Laundry
  • Heating Available
  • Shops
  • Level Lot

About This Home

As of June 2022

ATTENTION FIRST TIME HOME BUYERS OR INVESTORS , Full of potential in today's market add your personal touch to it. This home features a large fenced in yard/ parking. Second floor recently updated with hardwood floors throughout , updated bathroom and kitchen. First floor features ,two bedrooms, living room, full bath kitchen, and plenty of yard space and off street parking. Was converted into a 2 family but can easily be converted back into a 1 family home again!

Last Agent to Sell the Property

Rachel De La Cruz

Edward Perez Listed on: 01/28/2022

Last Buyer's Agent

Team Ortega

Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,182

Year Built

  • Built in 1900

Lot Details

  • 5,053

Home Design

  • Duplex
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,071 Sq Ft Home
  • Property has 1 Level
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 6 Car Parking Spaces
  • Off-Street Parking

Utilities

  • Heating Available
  • Gas Water Heater

Additional Features

  • Level Lot
  • Property is near public transit and schools

Listing and Financial Details

  • Total Actual Rent $2,800
  • Assessor Parcel Number 4208290

Community Details

Amenities

  • Shops
  • Coin Laundry

Additional Features

  • 2 Units
  • Net Operating Income $33,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,182

Year Built

Built in 1900

Lot Details

5,053 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1900
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 3

Interior Features

  • Interior Amenities: Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator), Gas Water Heater
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Partially Finished
  • Living Area: 1071
  • Stories Total: 3
  • MAIN LO: AN3469
  • MAIN SO: G95022

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Heating: Unit 1(Steam,Gas), Unit 2(Electric)
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Laundromat, Highway Access, Public School

Lot Info

  • Parcel Number: 4208290
  • Zoning: R-3
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Sq Ft: 0.12
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3181.79

Multi Family

  • Net Operating Income: 33600
  • Number Of Units Total: 2
  • Total Actual Rent: 2800
  • LEVELS 1: 1
  • LEASE 2: Y
  • LEASE 1: Y

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2022
Closed on
Jun 21, 2022
Sold by
Bought by
Seller's Agent
Rachel De La Cruz
Edward Perez
Buyer's Agent
Team Ortega
Keller Williams Realty
List Price
$399,999
Sold Price
$385,000
Premium/Discount to List
-$14,999
-3.75%
Current Estimated Value
$521,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,834
Avg. Annual Appreciation
7.68%
Original Mortgage
$378,026
Outstanding Balance
$355,114
Interest Rate
5.3%
Mortgage Type
FHA
Estimated Equity
$166,721

Purchase Details

Listed on
Nov 3, 2017
Closed on
Feb 2, 2018
Sold by
Bought by
Seller's Agent
George Medrano
Keller Williams Gateway Realty
Buyer's Agent
Rachel De La Cruz
Edward Perez
List Price
$189,900
Sold Price
$182,000
Premium/Discount to List
-$7,900
-4.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.61%
Original Mortgage
$178,703
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 10, 1995
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$385,000 None Available
$182,000 --
$8,030 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $378,026
Previous Owner $227,920
Previous Owner $178,703
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/23/2022 06/23/22 Sold $385,000 -1.3% $359 / Sq Ft
04/13/2022 04/13/22 Pending -- -- --
04/02/2022 04/02/22 Price Changed $389,999 -2.5% $364 / Sq Ft
03/28/2022 03/28/22 For Sale $399,999 +3.9% $373 / Sq Ft
03/26/2022 03/26/22 Off Market $385,000 -- --
01/28/2022 01/28/22 For Sale $399,999 +119.8% $373 / Sq Ft
02/01/2018 02/01/18 Sold $182,000 -4.2% $170 / Sq Ft View Prior Sale
12/08/2017 12/08/17 Pending -- -- --
11/03/2017 11/03/17 For Sale $189,900 -- $177 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,726 $423,400 $112,100 $311,300
2024 $3,407 $368,300 $117,900 $250,400
2023 $3,101 $305,200 $113,800 $191,400
2022 $2,884 $252,100 $107,300 $144,800
2021 $2,883 $235,000 $107,300 $127,700
2020 $2,699 $217,100 $89,400 $127,700
2019 $2,642 $193,100 $66,400 $126,700
2018 $2,254 $157,400 $60,200 $97,200
2017 $2,125 $138,500 $57,100 $81,400
2016 $1,996 $128,700 $44,600 $84,100
2015 $1,946 $128,700 $44,600 $84,100
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2022

    Rachel De La Cruz

    Edward Perez

    Section Image

  • T

    Buyer's Agent in 2022

    Team Ortega

    Keller Williams Realty

    Section Image
  • George Medrano

    Seller's Agent in 2018

    George Medrano

    Keller Williams Gateway Realty

    (978) 476-8292

    88 Total Sales

    George Medrano
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72937591

MLS Property Information Network (MLS PIN)

APN: LAWR-000163-000000-000005

Massachusetts Essex County Lawrence 01841 Tower Hill

185 Water St, Lawrence, MA

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.

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.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.