251 Ferry St Unit 253 Lawrence, MA 01841
Prospect Hill-Back Bay Neighborhood
6
Beds
4
Baths
2,864
Sq Ft
4,792
Sq Ft Lot
About This Home
As of December 2017SMART 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 Buyer's Agent
Alberto Nuñez
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
- 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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$276,250
Avg. Annual Appreciation
6.64%
Original Mortgage
$407,700
Outstanding Balance
$347,689
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$316,967
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
Similar Homes in Lawrence, MA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Not Resolvable | $407,700 | -- | |
| Not Resolvable | $169,000 | -- | |
| Foreclosure Deed | $202,218 | -- | |
| Deed | $76,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $407,700 | New Conventional | |
| Previous Owner | $175,000 | Commercial | |
| Previous Owner | $250,000 | Commercial | |
| Previous Owner | $250,000 | Commercial | |
| Previous Owner | $172,000 | Commercial | |
| Previous Owner | $110,000 | Commercial | |
| Previous Owner | $61,200 | Commercial | |
| Previous Owner | $72,000 | Commercial | |
| Closed | $7,650 | No Value Available |
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
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
7 in this area
183 Total Sales
-
A
Buyer's Agent in 2017
Alberto Nuñez
Berkshire Hathaway HomeServices Verani Realty Methuen
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72237702
APN: LAWR-000112-000000-000067
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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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