NOT LISTED FOR SALE

251 Ferry St Unit 253 Lawrence, MA 01841

Prospect Hill-Back Bay Neighborhood

Estimated Value: $658,393

6 Beds
4 Baths
2,864 Sq Ft
$230/Sq Ft Est. Value

Last Sold December 26, 2017

Last sale price $407,500 $142 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $3,494/month

16 Days on Market

About This Home

As of December 2017

SMART Investment on Prospect Hill! So many reasons why this 4-FAMILY home is right for you. A well maintained & cared for home goes a long way in this market! Best LOCATION! Minutes away from the highway, stores and hospitals. The great property consists of a mix of 1 bedroom units, studio and a 3 bedroom unit. Currently 3 units are rented with the ground floor one bedroom unit vacant. Upgrades include new electrical, new roof, upgraded heating system, new flooring and the list goes on. SOLD AS-IS.... Do not miss out on this one!!!

Last Agent to Sell the Property

Team Zingales

Team Zingales Realty, LLC Listed on: 10/03/2017

Last Buyer's Agent

Alberto Nuñez

Berkshire Hathaway HomeServices Verani Realty Methuen

Berkshire Hathaway HomeServices Verani Realty Methuen

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2017
Closed on
Dec 26, 2017
Sold by
Roper Investment Group
Bought by
Lopez Leonardo
Seller's Agent
Team Zingales
Team Zingales Realty, LLC
Buyer's Agent
Alberto Nuñez
Berkshire Hathaway HomeServices Verani Realty Methuen
List Price
$399,900
Sold Price
$407,500
Premium/Discount to List
$7,600
1.9%
Total Days on Market
16
Current Estimated Value
$658,393

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$250,893
Avg. Annual Appreciation
6.77%
Original Mortgage
$407,700
Outstanding Balance
$347,689
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$316,539

Purchase Details

Listed on
Mar 18, 2015
Closed on
Apr 23, 2015
Sold by
M & T Bank
Bought by
Roper Investment Group
Seller's Agent
Team Zingales
Team Zingales Realty, LLC
Buyer's Agent
Team Zingales
Team Zingales Realty, LLC
List Price
$169,000
Sold Price
$169,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.22%
Original Mortgage
$250,000
Interest Rate
3.86%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 15, 2014
Sold by
Soberon Danilo I and M & T Bank
Bought by
M & T Bank

Purchase Details

Closed on
Mar 26, 1998
Sold by
Rosivalli Ronald J
Bought by
Soberon Danilo I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,200
Interest Rate
6.96%
Mortgage Type
Commercial
Source: Public Records

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Range of Values:

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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
Lopez Leonardo $407,700 --
Roper Investment Group $169,000 --
M & T Bank $202,218 --
Soberon Danilo I $76,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Leonardo $407,700
Previous Owner Roper Investment Group $175,000
Previous Owner Roper Investment Group $250,000
Previous Owner Roper Investment Group $250,000
Previous Owner Soberon Danilo I $172,000
Previous Owner Soberon Danilo I $110,000
Previous Owner Ronsivalli Ronald J $61,200
Previous Owner Ronsivalli Ronald J $72,000
Closed Ronsivalli Ronald J $7,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/26/2017 12/26/17 Sold $407,500 +1.9% $142 / Sq Ft
10/19/2017 10/19/17 Pending -- -- --
10/03/2017 10/03/17 For Sale $399,900 +136.6% $140 / Sq Ft
05/01/2015 05/01/15 Sold $169,000 0.0% $59 / Sq Ft
04/01/2015 04/01/15 Pending -- -- --
03/18/2015 03/18/15 For Sale $169,000 -- $59 / 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 -- $649,600 $135,400 $514,200
2024 -- $582,600 $117,200 $465,400
2023 $0 $530,000 $117,200 $412,800
2022 $0 $417,500 $104,500 $313,000
2021 $0 $368,000 $104,500 $263,500
2020 $0 $364,100 $102,900 $261,200
2019 $0 $306,800 $82,200 $224,600
2018 $0 $238,300 $78,500 $159,800
2017 $0 $225,500 $72,300 $153,200
2016 -- $212,900 $64,700 $148,200
2015 -- $200,000 $51,800 $148,200
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2017

    Team Zingales

    Team Zingales Realty, LLC

    (888) 832-6910

    8 in this area

    191 Total Sales

    Team Zingales
    Section Image
  • Alberto Nuñez

    Buyer's Agent in 2017

    Alberto Nuñez

    Berkshire Hathaway HomeServices Verani Realty Methuen

    (978) 475-1009

    3 in this area

    22 Total Sales

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72237702

MLS Property Information Network (MLS PIN)

APN: LAWR-000112-000000-000067

Massachusetts Essex County Lawrence 01841 Prospect Hill-Back Bay

251 Ferry St Unit 253, Lawrence, MA

This home is located at 251 Ferry St Unit 253, Lawrence, MA 01841 since 03 October 2017 and is currently estimated at $658,393, approximately $229 per square foot. This property was built in 1920. 251 Ferry St Unit 253 is a home located in Essex County with nearby schools including James F. Hennessey School, School For Exceptional Studies, and Community Day Charter Public School - Gateway.

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