NOT LISTED FOR SALE

25 Fairmont St Unit 27 Lawrence, MA 01841

Arlington Neighborhood

Estimated Value: $659,000 - $767,000

7 Beds
3 Baths
2,837 Sq Ft
$251/Sq Ft Est. Value

Last Sold December 07, 2020

Last sale price $500,000 $176 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $4,200/month

139 Days on Market

About This Home

As of December 2020

3 Unit in good condition with many updates. 1st floor unit has been updated with refinished hardwood flooring, fresh paint and some new windows. Both 1st and 2nd floor units have 3 bedrooms. Hardwood flooring in all areas except the kitchen. All units have been well maintained. 1st and 2nd floor units are vacant; 2nd floor with new kitchen cabinets, new Stainless Steel appliances and Granite Counters. All of the Hardwood flooring in this unit just refinished. All units have Laundry hookups in the basement and one of the FHW boilers was recently replaced. The exterior is Vinyl Sided and the windows have been replaced. All this and Units 1 & 2 have Lead Paint Certificates.

Last Agent to Sell the Property

Ray Boutin

RE/MAX Innovative Properties Listed on: 05/28/2020

RE/MAX Innovative Properties

Last Buyer's Agent

Luisa Ospina

eXp Realty

eXp Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 2,178

Flooring

  • Wood
  • Tile

Schools

  • Lps Or Gl Tech High School

Additional Features

  • Porch
  • Natural Gas Water Heater
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:0169 B:0000 L:0034

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 1.00
  • Insc: 2559
  • Year Built Description: Actual
  • List Price Per Sq Ft: 158.58
  • Comp Based On: Net Sale Price
  • Year Built: 1910
  • Lead Paint: Certified Treated
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1910

Interior Features

  • Flooring: Tile, Hardwood
  • Total Flrs: 6
  • No Bedrooms: 7
  • Total Brs: 7
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 16
  • Basement: Y
  • Basement Features: Full, Interior Access, Unfinished Basement
  • Main Lo: AN3560
  • Main So: AN3678
  • Estimated Sq Ft: 2837.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Porch
  • Foundation: Fieldstone

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric: 150
  • Electric Features: Circuit Breakers
  • Heat Zones: 3
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, Washer Hookup

Condo/Co-op/Association

  • Amenities: Public Transportation, Park, Medical Facility, Laundromat, Private School, Public School

Lot Info

  • Assessments: 323900.00
  • Acre: 0.05
  • Lot Size: 2055.00
  • Page: 52
  • Parcel Number: M:0169 B:0000 L:0034
  • Zoning: R-3
  • Lot Description: Gentle Slope

Green Features

  • Energy Features: Insulated Windows

Multi Family

  • Heat Units: 3
  • Total Levels: 3
  • Total Rms: 16
  • No Units: 3
  • Mf Type: 3 Family

Tax Info

  • Taxes: 4026.00
  • Assessor Parcel Number: 4208811
  • Tax Year: 2020

MLS Schools

  • Grade School: LPS
  • High School: LPS or GL Tech
  • Middle School: LPS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2020
Closed on
Nov 17, 2020
Sold by
27 Fairmont Rt
Bought by
Diaz Eustaquio
Seller's Agent
Ray Boutin
RE/MAX Innovative Properties
Buyer's Agent
Luisa Ospina
eXp Realty
List Price
$449,900
Sold Price
$500,000
Premium/Discount to List
$50,100
11.14%
Current Estimated Value
$711,486

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,486
Avg. Annual Appreciation
7.31%
Original Mortgage
$490,943
Outstanding Balance
$436,870
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$274,616

Purchase Details

Closed on
Jul 31, 2009
Sold by
Bank Of America Na Tr
Bought by
27 Fairmont Rt and Derosa Steven J

Purchase Details

Closed on
Jul 15, 2009
Sold by
Ramos Carmen L
Bought by
Bank Of America Na

Purchase Details

Closed on
Nov 30, 1998
Sold by
Cueva Carlos and Cueva Norma
Bought by
Guilfu Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
6.83%
Mortgage Type
Purchase Money Mortgage
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

Date Buyer Sale Price Title Company
Diaz Eustaquio $500,000 None Available
27 Fairmont Rt $74,000 --
Bank Of America Na $97,550 --
Guilfu Laura $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Diaz Eustaquio $490,943
Previous Owner Guilfu Laura $33,000
Previous Owner Guilfu Laura $128,000
Previous Owner Guilfu Laura $53,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/07/2020 12/07/20 Sold $500,000 +11.1% $176 / Sq Ft
10/14/2020 10/14/20 Pending -- -- --
10/09/2020 10/09/20 For Sale $449,900 -10.0% $159 / Sq Ft
07/31/2020 07/31/20 Off Market $500,000 -- --
06/02/2020 06/02/20 Pending -- -- --
05/28/2020 05/28/20 For Sale $384,900 -- $136 / 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 $5,501 $625,100 $85,900 $539,200
2024 $5,111 $552,500 $90,200 $462,300
2023 $5,281 $519,800 $87,100 $432,700
2022 $4,776 $417,500 $82,100 $335,400
2021 $4,142 $337,600 $82,100 $255,500
2020 $4,026 $323,900 $68,500 $255,400
2019 $3,893 $284,600 $50,900 $233,700
2018 $3,692 $257,800 $46,100 $211,700
2017 $3,327 $216,900 $43,700 $173,200
2016 $3,226 $208,000 $34,100 $173,900
2015 $3,094 $204,600 $34,100 $170,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72663312

MLS Property Information Network (MLS PIN)

APN: LAWR-000169-000000-000034