NOT LISTED FOR SALE

248 Farnham St Unit 248A Lawrence, MA 01843

South Common Neighborhood

Estimated Value: $761,151 - $901,000

8 Beds
3 Baths
3,796 Sq Ft
$225/Sq Ft Est. Value

About This Home

This home is located at 248 Farnham St Unit 248A, Lawrence, MA 01843 and is currently estimated at $854,288, approximately $225 per square foot. 248 Farnham St Unit 248A is a home located in Essex County with nearby schools including John Breen School, South Lawrence East Elementary School, and School For Exceptional Studies.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 29, 2016
Sold by
Lugo Raul A and Lugo Maria A
Bought by
Lugo Raul A
Current Estimated Value
$854,288

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,487
Outstanding Balance
$193,598
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$660,690

Purchase Details

Closed on
Mar 16, 2011
Sold by
Arias Radaisis C
Bought by
Lugo Raul A and Lugo Maria A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,169
Interest Rate
4.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 28, 1995
Sold by
Fnma
Bought by
Arias Radaisis C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,690
Interest Rate
8.78%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Lugo Raul A -- --
Lugo Raul A $230,000 --
Arias Radaisis C $63,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lugo Raul A $243,487
Previous Owner Arias Radaisis C $224,169
Previous Owner Arias Radaisis C $75,000
Previous Owner Arias Radaisis C $59,690
Source: Public Records

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 $6,236 $708,600 $97,500 $611,100
2024 $6,050 $654,000 $105,500 $548,500
2023 $5,862 $577,000 $97,900 $479,100
2022 $5,426 $474,300 $88,700 $385,600
2021 $5,281 $430,400 $88,700 $341,700
2020 $5,078 $408,500 $84,100 $324,400
2019 $5,118 $374,100 $69,800 $304,300
2018 $4,661 $325,500 $66,200 $259,300
2017 $4,294 $279,900 $62,500 $217,400
2016 $4,250 $274,000 $51,500 $222,500
2015 $4,036 $266,900 $51,500 $215,400
Source: Public Records

Map

Massachusetts Essex County Lawrence 01843 South Common

248 Farnham St Unit 248A, Lawrence, MA

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