NOT LISTED FOR SALE

247 Prospect St Lawrence, MA 01841

Prospect Hill-Back Bay Neighborhood

Estimated Value: $891,017 - $1,048,000

9 Beds
3 Baths
3,000 Sq Ft
$316/Sq Ft Est. Value

Sale Details

Date Sold: August 17, 2022

Last sale price $750,000 $250 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $5,629 / mo

4 Days on Market

Highlights

  • Balcony
  • Tile Flooring
  • Heating Available

About This Home

As of August 2022

Welcome to your next investment property! This beautiful well-maintained 3 family home makes this a perfect homeowner-occupied property or investment. This property features 3 bedrooms in each unit! Nothing to do but start collecting rent money! Don’t miss this investment opportunity to be the owner-occupant in a great location. Conveniently located to shopping, restaurants, highways, schools, and tons of local convenient amenities. Put this one on your "must-see" list!

Last Agent to Sell the Property

Treetop Realty Group

Keller Williams Realty Listed on: 06/23/2022

Keller Williams Realty

Last Buyer's Agent

Maria Pena

Pena Realty Corporation

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,183

Year Built

  • Built in 1910

Lot Details

  • 7,440

Home Design

  • Stone Foundation
  • Frame Construction

Interior Spaces

  • 3,000 Sq Ft Home
  • Basement Fills Entire Space Under The House

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Parking

  • 6 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Utilities

  • No Cooling
  • 3 Heating Zones
  • Heating Available
  • Natural Gas Connected
  • Gas Water Heater

Additional Features

  • Balcony
  • 7,440 Sq Ft Lot

Listing and Financial Details

  • Total Actual Rent $1,600
  • Tax Lot 0090
  • Assessor Parcel Number M:0090 B:0000 L:0090 1,5005459

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Building Details

  • Net Operating Income $19,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,183

Year Built

Built in 1910

Lot Details

7,440 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1910
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Tile,Varies Per Unit,Laminate, Unit 1(undefined)
  • Interior Amenities: Unit 1(Ceiling Fans,Stone/Granite/Solid Counters), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator), Unit 3(Range), Gas Water Heater, Utility Connections for Gas Range
  • Total Bedrooms: 9
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full
  • Living Area: 3000
  • Stories Total: 6
  • MAIN LO: G95022
  • MAIN SO: AN3959

Exterior Features

  • Exterior Features: Balcony
  • Construction Materials: Frame
  • Foundation Details: Stone
  • Road Frontage Type: Public
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Cooling: Unit 1(None), Unit 2(None), Unit 3(None)
  • Heating: Unit 1(Hot Water Baseboard,Gas), Unit 2(Hot Water Baseboard,Gas), Unit 3(Hot Water Baseboard,Gas)
  • Cooling Y N: No
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • COOLING ZONES: 0

Lot Info

  • Parcel Number: M:0090 B:0000 L:0090 1,5005459
  • Zoning: RE
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.17
  • Lot Size Sq Ft: 7440
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5183
  • Tax Block: 0000
  • Tax Lot: 0090

Multi Family

  • Net Operating Income: 19200
  • Number Of Units Total: 3
  • Total Actual Rent: 1600
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 3: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 3

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

Listed on
Jun 23, 2022
Closed on
Aug 16, 2022
Sold by
Bought by
Seller's Agent
Treetop Realty Group
Keller Williams Realty
Buyer's Agent
Maria Pena
Pena Realty Corporation
List Price
$749,900
Sold Price
$750,000
Premium/Discount to List
$100
0.01%
Current Estimated Value
$947,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,254
Avg. Annual Appreciation
6.34%
Original Mortgage
$562,500
Outstanding Balance
$532,304
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$414,950

Purchase Details

Closed on
Dec 18, 2017
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
$389,513
Interest Rate
3.94%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$750,000 None Available
$355,000 --
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 $562,500
Previous Owner $389,513
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
08/17/2022 08/17/22 Sold $750,000 0.0% $250 / Sq Ft
06/28/2022 06/28/22 Pending -- -- --
06/23/2022 06/23/22 For Sale $749,900 0.0% $250 / Sq Ft
03/17/2014 03/17/14 Rented $1,000 0.0% --
03/17/2014 03/17/14 For Rent $1,000 -- --
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 $6,265 $711,900 $127,300 $584,600
2024 $6,239 $674,500 $133,800 $540,700
2023 $5,409 $532,400 $129,200 $403,200
2022 $5,183 $453,100 $121,800 $331,300
2021 $4,974 $405,400 $121,800 $283,600
2020 $4,573 $367,900 $101,500 $266,400
2019 $4,430 $323,800 $75,400 $248,400
2018 $4,033 $281,600 $68,200 $213,400
Source: Public Records

Agents Affiliated with this Home

  • Treetop Realty Group

    Seller's Agent in 2022

    Treetop Realty Group

    Keller Williams Realty

    (781) 205-6099

    10 in this area

    235 Total Sales

    Treetop Realty Group
    Section Image
  • Maria Pena

    Buyer's Agent in 2022

    Maria Pena

    Pena Realty Corporation

    (617) 201-0030

    1 in this area

    145 Total Sales

    Maria Pena
    Section Image
  • Mary Koontz-Daher

    Seller's Agent in 2014

    Mary Koontz-Daher

    Weichert Realtors' Daher Companies

    (978) 265-8456

    9 in this area

    169 Total Sales

    Mary Koontz-Daher
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73002601

MLS Property Information Network (MLS PIN)

APN: 90 90 1

Massachusetts Essex County Lawrence 01841 Prospect Hill-Back Bay

247 Prospect St, Lawrence, MA

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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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