NOT LISTED FOR SALE

242 Mount Vernon St Unit 1 Lawrence, MA 01843

Mount Vernon Neighborhood

Estimated Value: $217,000 - $275,000

2 Beds
1 Bath
785 Sq Ft
1970 Built

Last Sold July 30, 2020

Last sale price $145,000 $185 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $1,589/month

6 Days on Market

About This Home

As of July 2020

Cheaper than Renting. This cozy Mt. Vernon condo boasts of an open floor plan with an eat-in Kitchen, Living Room, and 2 spacious Bedrooms plus a Full Bath. Amenities include: a private balcony, swimming pool, club house, coin operated washer and dryer, private storage in the attic, ample closet space, and close proximity to the Mt. Vernon Park. Truly a commuter's dream on the Andover Line and minutes to both Route 495 and Route 93. Open House by Appointment for Pre-approved Buyers- Saturday June 13th (12 Noon - 3 PM) and Sunday June 14th (11 AM - 2 PM). Showings require COVID19 Procedures. Buyers/Agents must use Face Coverings and Gloves. 15 min. appointments/2 Preapproved Buyers only at one time. Offers will be reviewed on Tuesday June 16th at 12 PM Noon.

Last Agent to Sell the Property

Margaret OConnor

Coldwell Banker Realty - Andovers/Readings Regional Listed on: 06/10/2020

Coldwell Banker Realty - Andovers/Readings Regional

Last Buyer's Agent

Margaret OConnor

Coldwell Banker Realty - Andovers/Readings Regional Listed on: 06/10/2020

Coldwell Banker Realty - Andovers/Readings Regional

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,013

Year Built

  • Built in 1970

Lot Details

  • Year Round Access

Kitchen

  • Range<<rangeHoodToken>>
  • Dishwasher

Utilities

  • Electric Baseboard Heater
  • Individual Controls for Heating

Community Details

  • Pets Allowed

Listing and Financial Details

  • Assessor Parcel Number M:0155 B:0006 L:0001

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,013

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Garden
  • Other Agent: 2.00
  • Year Built Description: Actual
  • List Price Per Sq Ft: 215.29
  • Comp Based On: Net Sale Price
  • Year Built: 1970
  • Year Round: Yes
  • Unit Building: 1
  • Unit Level: 1
  • Unit Placement: Corner, Front
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1970

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator
  • No Bedrooms: 2
  • Master Bedroom: On Level: First Floor, Dimension: 12.6X, Closet, Cable Hookup
  • Bedroom 2: Dimension: 9.10X, Closet
  • Full Bathrooms: 1
  • Bathroom 1: On Level: First Floor, Bathroom - Full, Bathroom - With Tub & Shower
  • No Rooms: 4
  • Kitchen: On Level: First Floor, Dimension: 9.4X1, Dining Area
  • Living Room: On Level: First Floor, Dimension: 15.4X, Balcony - Exterior, Cable Hookup
  • No Living Levels: 1
  • Main Lo: K95001
  • Main So: K95001
  • Estimated Sq Ft: 785.00

Exterior Features

  • Construction: Brick
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Brick
  • Insulation Feature: Unknown
  • Exterior Unit Features: Balcony
  • Pool Description: Inground, Indoor

Garage/Parking

  • Parking Feature: Off-Street, Common, Paved Driveway
  • Parking Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 110 Volts, Circuit Breakers, 100 Amps
  • Heating: Electric Baseboard, Electric, Individual
  • Heat Zones: 3
  • Utility Connections: for Electric Range, for Electric Oven, Washer Hookup

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Swimming Pool, Tennis Court, Park, Laundromat, Highway Access, Public School
  • HOA Fees: 303.77
  • Association Fee Includes: Hot Water, Water, Master Insurance, Swimming Pool, Laundry Facilities, Exterior Maintenance, Road Maintenance, Landscaping, Snow Removal, Extra Storage, Refuse Removal, Clubhouse, Management Fee
  • Condo Association: Yes
  • Association Pool: Yes
  • Management: Professional - Off Site

Association/Amenities

  • Condominium Name: Pine Hills Garden Condominium

Schools

  • Elementary School: Robert Frost
  • Middle School: Robert Frost
  • High School: Lawrence HS

Lot Info

  • Assessments: 112900.00
  • Lot: 0001
  • Page: 302
  • Parcel Number: M:0155 B:0006 L:0001
  • Zoning: Residentia

Green Features

  • Energy Features: Storm Windows, Storm Doors

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Taxes: 1403.00
  • Assessor Parcel Number: 4549985

Multi Family

  • No Units: 76

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2020
Closed on
Jul 29, 2020
Sold by
Zouaoui Mouloud and Djouhri Zahira
Bought by
Kaitare Claude J and Ngiruwonsanga Emanuel M
Seller's Agent
Margaret OConnor
Coldwell Banker Realty - Andovers/Readings Regional
Buyer's Agent
Margaret OConnor
Coldwell Banker Realty - Andovers/Readings Regional
List Price
$169,000
Sold Price
$145,000
Premium/Discount to List
-$24,000
-14.2%
Current Estimated Value
$257,291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,291
Avg. Annual Appreciation
11.85%
Original Mortgage
$149,380
Outstanding Balance
$133,927
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$118,744

Purchase Details

Closed on
Aug 31, 2004
Sold by
Colonial Village Inc
Bought by
Zouaoui Mouloud and Djouhri Zahira

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Kaitare Claude J $154,000 None Available
Zouaoui Mouloud $156,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kaitare Claude J $149,380
Previous Owner Zouaoui Mouloud $136,000
Previous Owner Zouaoui Mouloud $14,000
Previous Owner Zouaoui Mouloud $156,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2020 07/30/20 Sold $145,000 -14.2% $185 / Sq Ft
06/16/2020 06/16/20 Pending -- -- --
06/10/2020 06/10/20 For Sale $169,000 -- $215 / 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 $2,013 $228,700 $0 $228,700
2024 $1,824 $197,200 $0 $197,200
2023 $1,618 $159,300 $0 $159,300
2022 $1,621 $141,700 $0 $141,700
2021 $1,479 $120,500 $0 $120,500
2020 $1,403 $112,900 $0 $112,900
2019 $1,379 $100,800 $0 $100,800
2018 $1,124 $78,500 $0 $78,500
2017 $1,092 $71,200 $0 $71,200
2016 $1,194 $77,000 $0 $77,000
2015 $1,164 $77,000 $0 $77,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72671328

MLS Property Information Network (MLS PIN)

APN: LAWR-000155-000006-000001