194 Prospect St Lawrence, MA 01841
Prospect Hill-Back Bay NeighborhoodEstimated Value: $503,663 - $636,000
3
Beds
2
Baths
1,624
Sq Ft
$336/Sq Ft
Est. Value
About This Home
As of October 2020This home has been cared for by the same family for decades; now is the opportunity to make it yours! Conveniently located close to 495 & local amenities this home would be a great investor or owner occupied multi family. The first floor owners unit features an oversized sunny living room, a large formal dining area, and 2 bedrooms off the kitchen with a recently updated bathroom. The private deck off the kitchen is a great place to kick back at the end of the day. In the second floor unit, you walk into a great open eat-in kitchen area with adjacent living room and generous bedroom. The basement could be used for storage but has potential for expansion. All of this falls under a five year old roof! The yard is fenced in, has off street parking, a garage and sits high above Spicket River overlooking Scarito Park. This home offers an exciting opportunity to get into the real estate game as an investor or to subsidize your mortgage while living here, either way, Opportunity is Knocking!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,135
Year Built
- Built in 1927
Lot Details
- 3,920
Parking
- 1 Car Garage
Additional Features
- Wood Flooring
- Year Round Access
- Basement
Listing and Financial Details
- Assessor Parcel Number M:0089 B:0000 L:0040
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 10, 2020
Closed on
Sep 8, 2020
Sold by
Espin Rose N
Bought by
Fernandez Luis M
Seller's Agent
North Point Home Group
Compass
Buyer's Agent
Maghda Amrani
Coldwell Banker Realty - Haverhill
List Price
$349,999
Sold Price
$355,000
Premium/Discount to List
$5,001
1.43%
Total Days on Market
6
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
$190,416
Avg. Annual Appreciation
9.59%
Original Mortgage
$15,000
Outstanding Balance
$11,162
Interest Rate
2.9%
Mortgage Type
Second Mortgage Made To Cover Down Payment
Estimated Equity
$534,254
Similar Homes in Lawrence, MA
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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 |
|---|---|---|---|
| Fernandez Luis M | $355,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Fernandez Luis M | $15,000 | |
| Open | Fernandez Luis M | $337,250 | |
| Previous Owner | Espin Rose N | $124,000 | |
| Previous Owner | Espin Rose N | $30,000 | |
| Previous Owner | Espin Rose N | $128,750 | |
| Previous Owner | Espin Rose N | $50,000 | |
| Previous Owner | Espin Angel A | $72,000 | |
| Previous Owner | Espin Angel A | $89,000 | |
| Previous Owner | Espin Angel A | $35,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/02/2020 10/02/20 | Sold | $355,000 | +1.4% | $219 / Sq Ft |
| 07/16/2020 07/16/20 | Pending | -- | -- | -- |
| 07/10/2020 07/10/20 | For Sale | $349,999 | -- | $216 / 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 | $4,135 | $469,900 | $104,900 | $365,000 |
| 2024 | $4,113 | $444,700 | $110,200 | $334,500 |
| 2023 | $3,990 | $392,700 | $106,400 | $286,300 |
| 2022 | $3,660 | $319,900 | $100,300 | $219,600 |
| 2021 | $3,612 | $294,400 | $100,300 | $194,100 |
| 2020 | $3,451 | $277,600 | $83,600 | $194,000 |
| 2019 | $3,223 | $235,600 | $62,100 | $173,500 |
| 2018 | $2,828 | $197,500 | $56,300 | $141,200 |
| 2017 | $2,823 | $184,000 | $53,400 | $130,600 |
| 2016 | $2,550 | $164,400 | $41,700 | $122,700 |
| 2015 | $2,400 | $158,700 | $41,700 | $117,000 |
Source: Public Records
Agents Affiliated with this Home
-
North Point Home Group
Seller's Agent in 2020
North Point Home Group
Compass
(978) 494-0607
1 in this area
100 Total Sales
-
Maghda Amrani
Buyer's Agent in 2020
Maghda Amrani
Coldwell Banker Realty - Haverhill
(978) 248-8081
2 in this area
36 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72688975
APN: LAWR-000089-000000-000040
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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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