NOT LISTED FOR SALE

242 Prospect St Unit A Lawrence, MA 01841

Prospect Hill-Back Bay Neighborhood

Estimated Value: $462,000 - $532,000

8 Beds
4 Baths
3,732 Sq Ft
$131/Sq Ft Est. Value

Last Sold December 21, 2015

Last sale price $305,000 $82 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $2,899/month

22 Days on Market

About This Home

As of December 2015

Completely refinished in 2003. Immaculate and spacious inside. 1st floor unit is garden style all one floor with 4 bedrooms, 1.5 baths, open concept living room/dining room .With washer and dryer in unit. Both upstairs units have 2 bedrooms each, one bath, galley style kitchen with open living room/ dining area. Coin operated washer and dryer in basement for tenants. New hot water heaters, newer furnaces, and updated electric boxes, and all hardwired through out building. Lead paint certificates in hand. Single family in front also for sale. Current rents are below market.

Last Agent to Sell the Property

Lynne Farrington

RE/MAX Innovative Properties Listed on: 10/09/2015

RE/MAX Innovative Properties

Last Buyer's Agent

Jenka Rojas

View Real Estate Group

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,642

Year Built

1900

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Other Agent: 2.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 17
  • Amenities: Public Transportation, Shopping, Medical Facility, Public School

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Stone/Concrete
  • Exterior: Vinyl, Stone
  • Exterior Features: Deck - Wood
  • Foundation: Fieldstone

Utilities

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

Condo/Co-op/Association

  • Total Units: 3

Lot Info

  • Zoning: 3 fam

Multi Family

  • Total Bedrooms: 8
  • Total Floors: 5
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Total Levels: 2
  • Total Rms: 16
  • Total Rent_1: 2600

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 23, 2020
Sold by
Mejia Yara
Bought by
Severino Keila N
Current Estimated Value
$489,508

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Outstanding Balance
$261,793
Interest Rate
2.9%
Mortgage Type
VA
Estimated Equity
$227,715

Purchase Details

Listed on
Oct 9, 2015
Closed on
Feb 16, 2016
Sold by
Bernard Ana and Bernard Freddy
Bought by
Mejia Yara
Seller's Agent
Lynne Farrington
RE/MAX Innovative Properties
Buyer's Agent
Jenka Rojas
View Real Estate Group
List Price
$309,000
Sold Price
$305,000
Premium/Discount to List
-$4,000
-1.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.95%
Original Mortgage
$166,920
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 9, 2015
Closed on
Feb 2, 2016
Sold by
Morrobel Leidy
Bought by
Bernard Freddy and Bernard Ana D
Seller's Agent
Lynne Farrington
RE/MAX Innovative Properties
Buyer's Agent
Jenka Rojas
View Real Estate Group
List Price
$309,000
Sold Price
$305,000
Premium/Discount to List
-$4,000
-1.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,920
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
May 6, 1993
Sold by
Jefmor Inc
Bought by
Bernard Freddy
Source: Public Records

Range of Values:

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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
Severino Keila N $300,000 None Available
Mejia Yara $170,000 --
Bernard Freddy -- --
Bernard Freddy $8,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Severino Keila N $295,000
Previous Owner Mejia Yara $166,920
Previous Owner Bernard Freddy $29,300
Previous Owner Bernard Freddy $124,000
Previous Owner Bernard Freddy $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2015 12/21/15 Sold $305,000 -1.3% $82 / Sq Ft
10/31/2015 10/31/15 Pending -- -- --
10/09/2015 10/09/15 For Sale $309,000 -- $83 / 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 $3,642 $413,900 $95,100 $318,800
2024 $3,331 $360,100 $99,800 $260,300
2023 $3,527 $347,100 $96,400 $250,700
2022 $3,296 $288,100 $90,900 $197,200
2021 $3,167 $258,100 $90,900 $167,200
2020 $3,020 $243,000 $75,800 $167,200
2019 $2,895 $211,600 $56,300 $155,300
2018 $2,477 $173,000 $51,000 $122,000
2017 $2,342 $152,700 $48,300 $104,400
2016 $2,109 $136,000 $37,700 $98,300
2015 $2,056 $136,000 $37,700 $98,300
Source: Public Records

Agents Affiliated with this Home

  • Lynne Farrington

    Seller's Agent in 2015

    Lynne Farrington

    RE/MAX

    (888) 345-7362

    1 in this area

    67 Total Sales

    Lynne Farrington
    Section Image

  • J

    Buyer's Agent in 2015

    Jenka Rojas

    View Real Estate Group

    (978) 884-0484

    3 in this area

    28 Total Sales

    Jenka Rojas
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71917023

MLS Property Information Network (MLS PIN)

APN: LAWR-000090-000000-000001

Massachusetts Essex County Lawrence 01841 Prospect Hill-Back Bay

242 Prospect St Unit A, Lawrence, MA

This home is located at 242 Prospect St Unit A, Lawrence, MA 01841 since 09 October 2015 and is currently estimated at $489,508, approximately $131 per square foot. This property was built in 1900. 242 Prospect St Unit A is a home located in Essex County with nearby schools including School For Exceptional Studies, Community Day Charter Public School - Gateway, and Esperanza Academy School of Hope.

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MLS Property Information Network (MLS PIN) 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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