NOT LISTED FOR SALE

19 Exchange St Unit 21 Lawrence, MA 01841

Arlington Neighborhood

Estimated Value: $525,480 - $806,000

6 Beds
3 Baths
3,618 Sq Ft
$189/Sq Ft Est. Value

Last Sold September 30, 2016

Last sale price $305,000 $84 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $4,278/month

55 Days on Market

About This Home

As of September 2016

Check out this wonderful investment opportunity in Lawrence! This multi-family home features 3 separate units with 3618 sq ft. Do not pass up your chance to make this property yours!!! There is a lot of possibilities with this property, it can be a perfect investment property or occupy 1 unit and rent out the rest! All units are currently rented out so this can be your CASH COW!!! Other features include Big KITCHEN, Restrooms, a backyard, parking and convenient location to I93 and I495. Perfect Buy and HOLD email for showing information, thank you!!!

Last Listed By

Arthur Martiroso

Keller Williams Realty Listed on: 03/23/2016

Keller Williams Realty

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,952

Year Built

1900

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: 1900

Interior Features

  • Has Basement: No
  • Number of Rooms: 15
  • Total Levels: 3

Exterior Features

  • Exterior: Vinyl
  • Foundation: Poured Concrete

Garage/Parking

  • Parking Spaces: 3

Utilities

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

Condo/Co-op/Association

  • Total Units: 3

Lot Info

  • Assessor Parcel Number: M:0170 B:0000 L:0140
  • Zoning: RES

Multi Family

  • Total Bedrooms: 6
  • Total Floors: 6
  • Total Full Baths: 3
  • Total Levels: 3
  • Total Rms: 15
  • Total Rent_1: 2725

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2016
Closed on
Oct 3, 2016
Sold by
Besins David
Bought by
Almanzar Joseph
Seller's Agent
Arthur Martiroso
Keller Williams Realty
Buyer's Agent
Denise Madeira
Madeira Real Estate
List Price
$320,000
Sold Price
$305,000
Premium/Discount to List
-$15,000
-4.69%
Total Days on Market
55
Current Estimated Value
$682,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$377,120
Avg. Annual Appreciation
9.29%
Original Mortgage
$294,820
Interest Rate
3.43%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 30, 2011
Sold by
Majed Mohamed
Bought by
Besins David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,500
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 23, 2008
Sold by
Sharma Jugal K
Bought by
Majed Mohamed

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,500
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 24, 2008
Sold by
Intercity Llc
Bought by
Sharma Jugal K

Purchase Details

Closed on
Mar 17, 2008
Sold by
Deutsche Bank Natl T C
Bought by
Intercity Llc

Purchase Details

Closed on
Feb 11, 2008
Sold by
Salgado Angel
Bought by
Deutsche Bank Natl T C

Purchase Details

Closed on
May 25, 2005
Sold by
Salgado Angel
Bought by
Collins Andy and Collins Jim

Purchase Details

Closed on
Jul 14, 2004
Sold by
Germosen Yobani
Bought by
Salgado Angel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,200
Interest Rate
6.25%

Purchase Details

Closed on
Aug 17, 2001
Sold by
Deschene Shawn J
Bought by
Salgado Angel and Germosen Yobani

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,900
Interest Rate
7.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 31, 1993
Sold by
Fnma
Bought by
Deschene Shawn J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,650
Interest Rate
7.06%
Mortgage Type
Purchase Money Mortgage

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
Almanzar Joseph $305,000 --
Besins David $162,000 --
Majed Mohamed $110,000 --
Sharma Jugal K $75,000 --
Intercity Llc $21,000 --
Deutsche Bank Natl T C $368,955 --
Collins Andy -- --
Salgado Angel -- --
Salgado Angel $129,900 --
Deschene Shawn J $29,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Almanzar Joseph $322,500
Closed Almanzar Joseph $294,820
Previous Owner Besins David $121,500
Previous Owner Majed Mohamed $82,500
Previous Owner Salgado Angel $301,000
Previous Owner Salgado Angel $235,200
Previous Owner Salgado Angel $206,500
Previous Owner Deschene Shawn J $129,900
Previous Owner Deschene Shawn J $24,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2016 09/30/16 Sold $305,000 +2.0% $84 / Sq Ft
05/17/2016 05/17/16 Pending -- -- --
05/09/2016 05/09/16 Price Changed $299,000 -6.6% $83 / Sq Ft
03/23/2016 03/23/16 For Sale $320,000 -- $88 / 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 $5,952 $676,400 $97,500 $578,900
2024 $5,604 $605,800 $102,400 $503,400
2023 $5,745 $565,500 $98,900 $466,600
2022 $5,407 $472,600 $93,200 $379,400
2021 $5,129 $418,000 $93,200 $324,800
2020 $4,758 $382,800 $77,700 $305,100
2019 $4,557 $333,100 $57,800 $275,300
2018 $4,455 $311,100 $52,300 $258,800
2017 $3,702 $241,300 $49,600 $191,700
2016 $3,448 $222,300 $38,700 $183,600
2015 $3,308 $218,800 $38,700 $180,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71976695

MLS Property Information Network (MLS PIN)

APN: LAWR-000170-000000-000140