NOT LISTED FOR SALE

25-27 Montgomery St Lawrence, MA 01841

Prospect Hill-Back Bay Neighborhood

Estimated Value: $863,000 - $963,000

9 Beds
3 Baths
4,149 Sq Ft
$218/Sq Ft Est. Value

Last Sold May 23, 2017

Last sale price $280,000 $67 Per Sq Ft

Est. 223% increase in value since last sale

Current estimated payment $5,355/month

27 Days on Market

About This Home

As of May 2017

THREE FAMILY HOME. Don't judge a book by its' cover. . .there is plenty of value here. The rooms are spacious and bright. New front porch with fine rails and composite decking. A membrane roof was install about 2004. Separate utilities & heating systems. Updated baths. Front and rear porches on each floor. Central heat lst floor. 2nd & 3rd have stove heat. The basement has secured storage sections for each tenant. Located in the popular Clover Hill area of Lawrence, the location is certainly a plus. Homes on the street have been updated and improvements are obvious. Not far from shopping, grocery stores, the Holy Family Hospital and regional shopping at The Loop with movies and restaurants, a very nice find. First floor vacant for owner-occupant or new tenant. 2nd & 3rd floor tenants are related & have been here for more than 7 years, paying nominal rents. All tenants are at will.

Last Agent to Sell the Property

Tina Habeeb

Royal Realty, Inc. Listed on: 02/22/2017

Last Buyer's Agent

Aline Roy

Keller Williams Realty-Merrimack

Keller Williams Realty-Merrimack

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,695

Year Built

1900

Lot Details

0

Listing Details

  • Lot Description: Shared Drive
  • Property Type: Multi-family
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 18
  • Amenities: Public Transportation, Shopping, Medical Facility
  • Basement: Full
  • Total Levels: 3

Exterior Features

  • Frontage: 40.00
  • Construction: Frame
  • Exterior Features: Porch
  • Foundation: Fieldstone

Garage/Parking

  • Parking: Off-Street, On Street Permit
  • Parking Spaces: 2

Utilities

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

Condo/Co-op/Association

  • Total Units: 3

Schools

  • High School: Lawrence Hs

Lot Info

  • Assessor Parcel Number: M:0132 B:0000 L:0055
  • Zoning: R-2
  • Lot: 55

Multi Family

  • Total Bedrooms: 9
  • Total Floors: 6
  • Total Full Baths: 3
  • Total Levels: 3
  • Total Rms: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2017
Closed on
May 23, 2017
Sold by
Peirce Palo A
Bought by
Property Ducks Llc
Seller's Agent
Tina Habeeb
Royal Realty, Inc.
Buyer's Agent
Aline Roy
Keller Williams Realty-Merrimack
List Price
$305,000
Sold Price
$280,000
Premium/Discount to List
-$25,000
-8.2%
Current Estimated Value
$904,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$624,667
Avg. Annual Appreciation
15.01%
Original Mortgage
$322,500
Outstanding Balance
$271,376
Interest Rate
4.1%
Mortgage Type
Commercial
Estimated Equity
$629,957

Purchase Details

Closed on
Jul 7, 1978
Bought by
Peirce Palo A
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
Property Ducks Llc $280,000 --
Peirce Palo A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Property Ducks Llc $322,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2017 05/23/17 Sold $280,000 -8.2% $67 / Sq Ft
03/21/2017 03/21/17 Pending -- -- --
03/14/2017 03/14/17 For Sale $305,000 0.0% $74 / Sq Ft
03/04/2017 03/04/17 Pending -- -- --
02/22/2017 02/22/17 For Sale $305,000 -- $74 / 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 $6,695 $760,800 $124,200 $636,600
2024 $6,511 $703,900 $91,800 $612,100
2023 $6,606 $650,200 $89,600 $560,600
2022 $6,604 $577,300 $89,600 $487,700
2021 $6,223 $507,200 $89,600 $417,600
2020 $5,848 $470,500 $80,600 $389,900
2019 $4,862 $355,400 $72,400 $283,000
2018 $4,703 $328,400 $62,300 $266,100
2017 $2,927 $190,800 $61,600 $129,200
2016 $2,542 $163,900 $44,900 $119,000
2015 $2,354 $155,700 $44,900 $110,800
Source: Public Records

Agents Affiliated with this Home

  • Tina Habeeb

    Seller's Agent in 2017

    Tina Habeeb

    Royal Realty, Inc.

    (978) 618-3707

    27 Total Sales

    Tina Habeeb
    Section Image
  • Aline Roy

    Buyer's Agent in 2017

    Aline Roy

    Keller Williams Realty-Merrimack

    (978) 758-2144

    40 Total Sales

    Aline Roy
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72122497

MLS Property Information Network (MLS PIN)

APN: LAWR-000132-000000-000055

Massachusetts Essex County Lawrence 01841 Prospect Hill-Back Bay

25-27 Montgomery St, Lawrence, MA

This home is located at 25-27 Montgomery St, Lawrence, MA 01841 since 22 February 2017 and is currently estimated at $904,667, approximately $218 per square foot. This property was built in 1900. 25-27 Montgomery St is a home located in Essex County with nearby schools including School For Exceptional Studies, Leonard Middle School, and Esperanza Academy School of Hope.

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.

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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