NOT LISTED FOR SALE

251 Ferry St Unit 253 Lawrence, MA 01841

Prospect Hill-Back Bay Neighborhood

Estimated Value: $690,785

6 Beds
4 Baths
2,864 Sq Ft
$241/Sq Ft Est. Value

Last Sold December 26, 2017

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

Est. 70% increase in value since last sale

Current estimated payment $3,634/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

Property Details

Home Type

Multi-Family

Year Built

1920

Lot Details

0

Listing Details

  • Lot Description: Corner, Paved Drive
  • Property Type: Multi-family
  • Other Agent: 1.00
  • Lead Paint: Unknown
  • Year Round: Yes
  • Insc: 2500
  • Year Built Description: Approximate
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1920

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 11
  • Amenities: Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access
  • Electric: Circuit Breakers, Individually Metered
  • Energy: Insulated Windows
  • Flooring: Vinyl, Laminate
  • Basement: Full
  • Full Bathrooms: 4
  • Total Levels: 3
  • Main Lo: C64900
  • Main So: G61700
  • Estimated Sq Ft: 2864.00

Exterior Features

  • Construction: Frame
  • Exterior: Vinyl
  • Exterior Features: Screens
  • Foundation: Fieldstone

Garage/Parking

  • Garage Spaces: 2
  • Parking: Off-Street, Paved Driveway
  • Parking Spaces: 3

Utilities

  • Hot Water: Natural Gas
  • Utility Connections: for Electric Range
  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Sewer: 576

Condo/Co-op/Association

  • Total Units: 4

Lot Info

  • Assessor Parcel Number: M:0112 B:0000 L:0067
  • Zoning: Res
  • Acre: 0.11
  • Lot Size: 4670.00

Multi Family

  • APOD Available: Yes
  • Foundation: irr
  • Total Bedrooms: 6
  • Total Floors: 6
  • Total Full Baths: 4
  • Total Levels: 3
  • Total Rms: 14
  • Total Rent_1: 3875
  • Multi Family Type: 4 Family

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%
Current Estimated Value
$690,785

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$283,285
Avg. Annual Appreciation
6.86%
Original Mortgage
$407,700
Outstanding Balance
$343,698
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$347,087

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

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
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 $250,000
Previous Owner Soberon Danilo I $61,200
Previous Owner Soberon Danilo I $72,000
Closed Soberon Danilo I $7,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
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

    6 in this area

    173 Total Sales

    Team Zingales
    Section Image
  • Alberto Nuñez

    Buyer's Agent in 2017

    Alberto Nuñez

    Berkshire Hathaway HomeServices Verani Realty Methuen

    (978) 475-1009

    2 in this area

    14 Total Sales

    Alberto Nuñez
    Section Image
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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

Not Listed for Sale

MultiFamily

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