NOT LISTED FOR SALE

2 Melrose St Lawrence, MA 01841

Tower Hill Neighborhood

Estimated Value: $647,000 - $718,000

5 Beds
3 Baths
1,727 Sq Ft
$394/Sq Ft Est. Value

Last Sold October 11, 2016

Last sale price $235,000 $136 Per Sq Ft

Est. 190% increase in value since last sale

Current estimated payment $3,986/month

34 Days on Market

About This Home

As of October 2016

Great owner occupied or invesment property, Very clean 3 family! Vinyl sided , vinyl windows , many updates , off street parking, Close to 93 and center of town. Must see. Ton's of recent update including electric, staircase ect. Won't last!

Last Agent to Sell the Property

Berky Gray

Forsley Real Estate Listed on: 07/15/2016

Last Buyer's Agent

Alberto Nuñez

Berkshire Hathaway HomeServices Verani Realty Methuen

Berkshire Hathaway HomeServices Verani Realty Methuen

Property Details

Home Type

Multi-Family

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
  • Stories: 3
  • Year Built: 1900

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 10
  • Total Levels: 3

Exterior Features

  • Exterior: Vinyl
  • Foundation: Other (See Remarks)

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 4

Utilities

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

Condo/Co-op/Association

  • Total Units: 3

Lot Info

  • Assessor Parcel Number: M:0163 B:0000 L:0017
  • Zoning: res

Multi Family

  • Foundation: irr
  • Total Bedrooms: 5
  • Total Floors: 6
  • Total Full Baths: 3
  • Total Levels: 3
  • Total Rms: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2016
Closed on
Oct 11, 2016
Sold by
Muniz Niza
Bought by
Delossantos Gilberto
Seller's Agent
Berky Gray
Forsley Real Estate
Buyer's Agent
Alberto Nuñez
Berkshire Hathaway HomeServices Verani Realty Methuen
List Price
$245,000
Sold Price
$235,000
Premium/Discount to List
-$10,000
-4.08%
Current Estimated Value
$681,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$446,000
Avg. Annual Appreciation
12.12%
Original Mortgage
$235,000
Outstanding Balance
$188,217
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$492,783

Purchase Details

Closed on
Apr 27, 2016
Sold by
Goldman Sachs Mortgage
Bought by
Muniz Niza

Purchase Details

Closed on
Apr 4, 2008
Sold by
Mtglq Investors Lp
Bought by
Muniz Niza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,203
Interest Rate
6.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 11, 2005
Sold by
Collado Reyna and Estrella Reyna
Bought by
Deleon Marianela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,800
Interest Rate
5.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 30, 1994
Sold by
State Street Bk & Tr
Bought by
Collado Luis
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Delossantos Gilberto $235,000 --
Muniz Niza -- --
Muniz Niza $89,900 --
Deleon Marianela $281,000 --
Collado Luis $7,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Delossantos Gilberto $235,000
Previous Owner Muniz Niza $87,203
Previous Owner Deleon Marianela $224,800
Previous Owner Collado Luis $59,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2016 10/11/16 Sold $235,000 -4.1% $136 / Sq Ft
08/18/2016 08/18/16 Pending -- -- --
07/15/2016 07/15/16 For Sale $245,000 -- $142 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $5,366 $609,800 $95,600 $514,200
2024 $4,946 $534,700 $100,400 $434,300
2023 $5,116 $503,500 $96,900 $406,600
2022 $4,650 $406,500 $91,400 $315,100
2021 $4,401 $358,700 $91,400 $267,300
2020 $4,267 $343,300 $76,200 $267,100
2019 $4,104 $300,000 $56,600 $243,400
2018 $3,677 $256,800 $51,300 $205,500
2017 $3,275 $213,500 $48,600 $164,900
2016 $3,156 $203,500 $38,000 $165,500
2015 $3,029 $200,300 $38,000 $162,300
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2016

    Berky Gray

    Forsley Real Estate

    (978) 397-4395

    4 in this area

    34 Total Sales

    Berky Gray
    Section Image
  • Alberto Nuñez

    Buyer's Agent in 2016

    Alberto Nuñez

    Berkshire Hathaway HomeServices Verani Realty Methuen

    (978) 475-1009

    14 Total Sales

    Alberto Nuñez
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72038673

MLS Property Information Network (MLS PIN)

APN: LAWR-000163-000000-000017

Massachusetts Essex County Lawrence 01841 Tower Hill

2 Melrose St, Lawrence, MA

Not Listed for Sale

MultiFamily

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