201-203 Cypress Ave Lawrence, MA 01841
Tower Hill NeighborhoodEstimated Value: $605,165 - $820,000
6
Beds
2
Baths
2,560
Sq Ft
$275/Sq Ft
Est. Value
Highlights
- River View
- Wood Flooring
- Storage Shed
- Deck
- Porch
About This Home
As of December 2018Beautiful 2 family home located at the top of Tower Hill next to the Methuen line just of off 93. Rare opportunity to own a multifamily in this mostly single family neighborhood. Both units boast eat in kitchens with a large dining area, bright sunny rooms, outside deck, and updated bathrooms. Amazing views of the Merrimack River and the distant mountains from the top unit deck! Parking for up to 4 cars in the driveway, each unit gets one side of the driveway and can park 2 cars tandem. Property has a storage shed in the backyard and laundry and storage in the basement. 1st floor is currently occupied with long term tenants and the 2nd floor is vacant. Great opportunity for an investor or an owner occupant looking to cut down their monthly expenses. Call to set up an appointment today!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,456
Year Built
- Built in 1910
Lot Details
- 7,405
Flooring
- Wood
- Tile
Outdoor Features
- Deck
- Storage Shed
- Porch
Additional Features
- River Views
- Natural Gas Water Heater
- Basement
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 10, 2018
Closed on
Dec 20, 2018
Sold by
Lemieux Briana
Bought by
Peralta Bellelin R
Seller's Agent
Zachary Chapline
Round Room
Buyer's Agent
Team Zingales
Team Zingales Realty, LLC
List Price
$359,900
Sold Price
$380,000
Premium/Discount to List
$20,100
5.58%
Total Days on Market
27
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
$324,541
Avg. Annual Appreciation
9.52%
Original Mortgage
$368,600
Outstanding Balance
$328,492
Interest Rate
4.9%
Mortgage Type
New Conventional
Estimated Equity
$354,709
Purchase Details
Closed on
Mar 20, 2009
Sold by
Countrywide Home Loans
Bought by
Lemieux Briana
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 30, 2009
Sold by
Bank Of New York
Bought by
Bank Of New York
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 7, 2008
Sold by
Jacome John W
Bought by
Bank Of New York
Purchase Details
Closed on
Dec 23, 2005
Sold by
Campbell Benjamin H
Bought by
Jacome John W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Lawrence, MA
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Peralta Bellelin R | $380,000 | -- | |
| Lemieux Briana | $148,900 | -- | |
| Bank Of New York | $309,781 | -- | |
| Bank Of New York | $309,781 | -- | |
| Bank Of New York | $309,781 | -- | |
| Jacome John W | $360,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Peralta Bellelin R | $368,600 | |
| Previous Owner | Campbell Benj F | $175,000 | |
| Previous Owner | Lemieux Briana | $150,000 | |
| Previous Owner | Jacome John W | $288,000 | |
| Previous Owner | Jacome John W | $72,000 | |
| Previous Owner | Campbell Benj F | $116,000 | |
| Previous Owner | Campbell Benj F | $50,000 | |
| Previous Owner | Campbell Benj F | $75,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/20/2018 12/20/18 | Sold | $380,000 | +5.6% | $148 / Sq Ft |
| 11/06/2018 11/06/18 | Pending | -- | -- | -- |
| 10/28/2018 10/28/18 | For Sale | $359,900 | 0.0% | $141 / Sq Ft |
| 10/17/2018 10/17/18 | Pending | -- | -- | -- |
| 10/10/2018 10/10/18 | For Sale | $359,900 | -- | $141 / 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 | $5,456 | $620,000 | $138,800 | $481,200 |
| 2024 | $5,158 | $557,600 | $134,200 | $423,400 |
| 2023 | $5,309 | $522,500 | $117,500 | $405,000 |
| 2022 | $4,724 | $412,900 | $109,200 | $303,700 |
| 2021 | $4,626 | $377,000 | $109,200 | $267,800 |
| 2020 | $4,312 | $346,900 | $92,600 | $254,300 |
| 2019 | $5,394 | $394,300 | $80,100 | $314,200 |
| 2018 | $5,243 | $366,100 | $76,600 | $289,500 |
| 2017 | $4,742 | $309,100 | $73,900 | $235,200 |
| 2016 | $4,797 | $309,300 | $52,500 | $256,800 |
| 2015 | $4,533 | $299,800 | $52,500 | $247,300 |
Source: Public Records
Agents Affiliated with this Home
-
Zachary Chapline
Z
Seller's Agent in 2018
Zachary Chapline
Round Room
(857) 919-0350
6 Total Sales
-
Team Zingales
T
Buyer's Agent in 2018
Team Zingales
Team Zingales Realty, LLC
(888) 832-6910
10 in this area
190 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72408443
APN: LAWR-000239-000000-000046
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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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