NOT LISTED FOR SALE

22 Magnolia St Lawrence, MA 01841

Tower Hill Neighborhood

Estimated Value: $708,522 - $827,000

4 Beds
2 Baths
2,647 Sq Ft
$286/Sq Ft Est. Value

Last Sold February 15, 2023

Last sale price $642,000 $243 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $4,463/month

6 Days on Market

Highlights

  • Enclosed Patio or Porch
  • Level Lot
  • Heating Available
  • Fenced

About This Home

As of February 2023

Incredibly well-kept 2-family home in Towerhill. The first unit, completely renovated, features 2 bed spacious rooms, a bathroom with a gorgeous tiled shower, and an updated sink. Kitchen with updated countertops, cabinets, and island breakfast bar. Tiled and hardwood floors. The second unit has 3 bedrooms and one bathroom, with vinyl and hardwood floors throughout. Vynil siding done in May 2021. Do not miss out on this opportunity, this property won't last

Last Agent to Sell the Property

Jefri Liriano

Liriano Realty Listed on: 01/03/2023

Co-Listed By

Jefri Liriano

Liriano Realty

Last Buyer's Agent

Ashley Flores

Team Zingales Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,471

Year Built

  • Built in 1910

Lot Details

  • 4,875 Sq Ft Lot
  • Fenced
  • Level Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,647 Sq Ft Home
  • Property has 1 Level
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Car Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Enclosed Patio or Porch
  • Rain Gutters

Utilities

  • Heating Available

Community Details

  • 2 Units
  • Net Operating Income $53,400

Listing and Financial Details

  • Total Actual Rent $4,450
  • Rent includes unit 1(heat water), unit 2(heat water)
  • Assessor Parcel Number M:0241 B:0000 L:0068,4212546

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,471

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1910
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Unit 1(undefined), Unit 2(Wood Flooring)
  • Interior Amenities: Unit 1(Ceiling Fans,Upgraded Cabinets,Bathroom with Shower Stall), Unit 2(Ceiling Fans,Bathroom With Tub), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Microwave,Refrigerator), Unit 2(Range,Refrigerator)
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Living Area: 2647
  • Stories Total: 3
  • MAIN LO: G95022
  • MAIN SO: AN7143

Exterior Features

  • Exterior Features: Rain Gutters
  • Construction Materials: Frame
  • Fencing: Fenced/Enclosed, Fenced
  • Foundation Details: Stone
  • Patio And Porch Features: Porch, Patio - Enclosed
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 4

Utilities

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

Condo/Co-op/Association

  • Rent Includes: Unit 1(Heat,Water), Unit 2(Heat,Water)

Lot Info

  • Parcel Number: M:0241 B:0000 L:0068,4212546
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 4875
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4471

Multi Family

  • Net Operating Income: 53400
  • Number Of Units Total: 2
  • Total Actual Rent: 4450
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: N
  • LEASE 1: N

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2021
Closed on
Jul 30, 2021
Sold by
Javier Islley C
Bought by
Linares Herinell
Seller's Agent
Johan Lopez
Home Shop Properties, Inc.
Buyer's Agent
Jefri Liriano
Liriano Realty
List Price
$549,000
Sold Price
$570,000
Premium/Discount to List
$21,000
3.83%
Current Estimated Value
$757,131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,131
Avg. Annual Appreciation
6.78%
Original Mortgage
$559,675
Outstanding Balance
$509,146
Interest Rate
2.93%
Mortgage Type
FHA
Estimated Equity
$247,985

Purchase Details

Listed on
Oct 14, 2016
Closed on
Dec 2, 2016
Sold by
Martin Leo A
Bought by
Javier Islley C
Seller's Agent
Lisa Martin
Properties Unlimited
Buyer's Agent
Johan Lopez
Home Shop Properties, Inc.
List Price
$299,900
Sold Price
$315,000
Premium/Discount to List
$15,100
5.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.57%
Original Mortgage
$309,294
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 12, 2002
Sold by
Delrosso Thomas P
Bought by
Martin Leo A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,400
Interest Rate
6.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 17, 1988
Sold by
Goudreault Gary L
Bought by
Delrosso Thomas P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,500
Interest Rate
10.28%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Linares Herinell $570,000 None Available
Javier Islley C $315,000 --
Martin Leo A $233,000 --
Delrosso Thomas P $119,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Linares Herinell $559,675
Previous Owner Javier Islley C $309,294
Previous Owner Delrosso Thomas P $186,400
Previous Owner Delrosso Thomas P $46,600
Previous Owner Delrosso Thomas P $84,000
Previous Owner Delrosso Thomas P $107,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/15/2023 02/15/23 Sold $642,000 +1.9% $243 / Sq Ft
01/10/2023 01/10/23 Pending -- -- --
01/03/2023 01/03/23 For Sale $629,900 +10.5% $238 / Sq Ft
07/30/2021 07/30/21 Sold $570,000 +3.8% $215 / Sq Ft View Prior Sale
06/15/2021 06/15/21 Pending -- -- --
06/08/2021 06/08/21 For Sale $549,000 +74.3% $207 / Sq Ft
12/02/2016 12/02/16 Sold $315,000 +5.0% $127 / Sq Ft View Prior Sale
10/27/2016 10/27/16 Pending -- -- --
10/14/2016 10/14/16 For Sale $299,900 -- $121 / 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 $5,903 $670,800 $120,600 $550,200
2024 $5,546 $599,600 $116,600 $483,000
2023 $5,731 $564,100 $102,100 $462,000
2022 $4,471 $390,800 $94,900 $295,900
2021 $4,367 $355,900 $94,900 $261,000
2020 $4,080 $328,200 $80,400 $247,800
2019 $4,011 $293,200 $69,600 $223,600
2018 $3,902 $272,500 $66,500 $206,000
2017 $3,553 $231,600 $64,200 $167,400
2016 $3,542 $228,400 $45,600 $182,800
2015 $3,351 $221,600 $45,600 $176,000
Source: Public Records

Agents Affiliated with this Home

  • Jefri Liriano

    Seller's Agent in 2023

    Jefri Liriano

    Liriano Realty

    (617) 372-1717

    24 in this area

    300 Total Sales

    Jefri Liriano
    Section Image
  • Ashley Flores

    Buyer's Agent in 2023

    Ashley Flores

    Team Zingales Realty, LLC

    (978) 387-6921

    2 in this area

    8 Total Sales

    Ashley Flores
    Section Image
  • Johan Lopez

    Seller's Agent in 2021

    Johan Lopez

    Home Shop Properties, Inc.

    (978) 804-7425

    4 in this area

    52 Total Sales

    Johan Lopez
    Section Image

  • L

    Seller's Agent in 2016

    Lisa Martin

    Properties Unlimited

    (978) 853-9945

    10 Total Sales

    Lisa Martin
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73067605

MLS Property Information Network (MLS PIN)

APN: LAWR-000241-000000-000068

Massachusetts Essex County Lawrence 01841 Tower Hill

22 Magnolia St, Lawrence, MA

Not Listed for Sale

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