Louise Brochu
Cameron Prestige, LLC
(603) 932-5497
83 Total Sales
1 in Arlington
$900,000 Price
233 Jackson St Lawrence, MA 01841
Arlington Neighborhood
10
Beds
3
Baths
4,019
Sq Ft
7,405
Sq Ft Lot
About This Home
As of September 2020-- Motivated Seller -- Attention Investors! Magnolia Manor is a fully licensed 10 unit rooming house, with two major opportunities to add value or “force equity”. The first is with possible expansion potential in the attic, the large unfinished space has great ceiling height and is quite large. The second is to increase the rents! Current long term tenants provide great cash flow, and there is still room to grow. Rent currently averages over $7,000 per month. This multi unit dwelling still features much of the original charm it was constructed with including: built-in benches, large stained glass windows, a huge front porch and traditional hardwood floors. Magnolia Manor is conveniently located on bus route, near local dining options and the Methuen line. With over 4,000 sq/ft (sans the attic) and a MF zoning code you may have some conversion options to explore here. Take advantage of this tremendous opportunity and add some more passive income to your portfolio.
Last Agent to Sell the Property
Gibson Sotheby's International Realty Listed on: 03/04/2020
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1910
Lot Details
- 7,405
Outdoor Features
- Deck
- Porch
Additional Features
- Basement
Listing and Financial Details
- Assessor Parcel Number M:0109 B:0000 L:0032
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 8, 2021
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 10, 2021
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Mar 4, 2020
Closed on
Sep 23, 2020
Sold by
Bought by
Seller's Agent
Good Boston Living Team
Gibson Sotheby's International Realty
Buyer's Agent
J. Lucky Henry
Henry RE
List Price
$569,000
Sold Price
$546,000
Premium/Discount to List
-$23,000
-4.04%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$529,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 30, 2016
Sold by
Bought by
Purchase Details
Closed on
Oct 29, 2002
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Arlington, MA
-
Louise Brochu
-
Raniery Guimaraes De Almeida
Raniery Guimaraes De Almeida
eXp Realty LLC - Corporate Office
(781) 586-8981
2 Total Sales
1 in Arlington
$740,000 Price
-
Luisita Pumphrey
Luisita Pumphrey
EXP Realty
(339) 444-0879
39 Total Sales
1 in Arlington
$550,000 Price
-
The North Shore Realty Group
The North Shore Realty Group
eXp Realty LLC
(978) 848-1517
90 Total Sales
1 in Arlington
$290,000 Price
-
Team Valdez Mejia
Team Valdez Mejia
Keller Williams Realty
(351) 208-2030
156 Total Sales
14 in Arlington
$450K - $950K Price Range
-
Sandra Perry
Sandra Perry
WATSON REALTY CORP.
(351) 208-1136
53 Total Sales
1 in Arlington
$707,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Available | ||
| $200,000 | None Available | ||
| $546,000 | None Available | ||
| $225,000 | -- | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $1,850,000 | ||
| Closed | $1,500,000 | ||
| Closed | $570,000 | ||
| Closed | $450,000 | ||
| Previous Owner | $380,000 | ||
| Previous Owner | $529,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/23/2020 09/23/20 | Sold | $546,000 | -3.2% | $136 / Sq Ft |
| 07/10/2020 07/10/20 | Pending | -- | -- | -- |
| 05/25/2020 05/25/20 | Price Changed | $564,000 | -0.9% | $140 / Sq Ft |
| 03/04/2020 03/04/20 | For Sale | $569,000 | -- | $142 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $8,320 | $945,500 | $228,000 | $717,500 |
| 2024 | $4,633 | $500,900 | $140,000 | $360,900 |
| 2023 | $4,355 | $428,600 | $117,000 | $311,600 |
| 2022 | $3,170 | $277,100 | $106,000 | $171,100 |
| 2021 | $8,096 | $659,800 | $94,000 | $565,800 |
| 2020 | $7,843 | $631,000 | $92,100 | $538,900 |
| 2019 | $7,565 | $553,000 | $108,100 | $444,900 |
| 2018 | $7,519 | $525,100 | $93,100 | $432,000 |
| 2017 | $6,951 | $453,100 | $93,100 | $360,000 |
| 2016 | $6,452 | $416,000 | $88,600 | $327,400 |
| 2015 | $6,187 | $409,200 | $88,600 | $320,600 |
Source: Public Records
Agents Affiliated with this Home
-
Good Boston Living Team
G
Seller's Agent in 2020
Good Boston Living Team
Gibson Sotheby's International Realty
135 Total Sales
-
J. Lucky Henry
Buyer's Agent in 2020
J. Lucky Henry
Henry RE
(978) 712-0244
8 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72627516
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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