NOT LISTED FOR SALE

295 Merrimack St Lawrence, MA 01843

South Common Neighborhood

Estimated Value: $584,057 - $780,000

6 Beds
2 Baths
2,256 Sq Ft
$305/Sq Ft Est. Value

Last Sold August 18, 2021

Last sale price $525,000 $233 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $4,018/month

5 Days on Market

Highlights

  • Medical Services
  • 4-minute walk to Lawrence
  • Porch
  • Property is near public transit
  • Jogging Path
  • Cooling Available

About This Home

As of August 2021

Location, Location, Location. Wonderfully maintained 2 Family Duplex with 3 Bedrooms each, two large porches, off street parking, fenced in backyard, close to major highways, and much more. Walk to everything including MBTA, Shopping, Doctors and Restaurants. Perfect for investors or owner-occupant. Property currently occupied with Owners and Tenants. Contingent upon Suitable Housing...Owners are open to a RENT BACK option too

Last Agent to Sell the Property

Stephanie Murphy

Keller Williams Realty Metropolitan Listed on: 07/07/2021

Keller Williams Realty Metropolitan

Last Buyer's Agent

Jennelle Graziano

Century 21 North East

Century 21 North East

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,210

Year Built

  • Built in 1920

Lot Details

  • 3,485 Sq Ft Lot
  • Fenced
  • Level Lot

Home Design

  • Duplex
  • Stone Foundation
  • Frame Construction
  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,256 Sq Ft Home
  • Property has 1 Level
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Parking

  • 8 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Cooling Available
  • Heating Available
  • Separate Meters
  • 200+ Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $1,500
  • Rent includes unit 1(water)
  • Assessor Parcel Number 4201436

Community Details

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Park
  • Jogging Path

Additional Features

  • 2 Units
  • Net Operating Income $18,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,210

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1920
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 3

Interior Features

  • Interior Amenities: Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range), Unit 2(Range,Dishwasher), Gas Water Heater
  • Total Bedrooms: 6
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full
  • Living Area: 2256
  • Stories Total: 3
  • MAIN LO: NH0049
  • MAIN SO: AN0395

Exterior Features

  • Construction Materials: Frame
  • Fencing: Fenced/Enclosed, Fenced
  • Foundation Details: Concrete Perimeter, Stone
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Rubber
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Cooling: Unit 1(Window AC), Unit 2(Window AC)
  • Heating: Unit 1(Hot Water Baseboard), Unit 2(Hot Water Baseboard)
  • Cooling Y N: Yes
  • Electric: 200+ Amp Service, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T-Station, Sidewalks
  • Rent Includes: Unit 1(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: 4201436
  • Zoning: Res
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.08
  • Lot Size Sq Ft: 3484.8
  • Lot Size Units: Acres
  • LOT SIZE: 3544

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 4209.84

Multi Family

  • Net Operating Income: 18000
  • Number Of Units Total: 2
  • Total Actual Rent: 1500
  • LEVELS 1: 1
  • LEASE 2: N
  • LEASE 1: N

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2021
Closed on
Aug 18, 2021
Sold by
Mangano Mark A and Gillen Samantha L
Bought by
Graziano Jennelle
Seller's Agent
Stephanie Murphy
Keller Williams Realty Metropolitan
Buyer's Agent
Jennelle Graziano
Century 21 North East
List Price
$525,000
Sold Price
$525,000
Current Estimated Value
$687,764

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,764
Avg. Annual Appreciation
6.48%
Original Mortgage
$375,000
Outstanding Balance
$340,991
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$346,773

Purchase Details

Closed on
Aug 18, 2017
Sold by
Mangano Laura
Bought by
Mangano Mark A and Gillen Samantha L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,756
Interest Rate
3.99%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 6, 2013
Sold by
Mangano Domenic J and Mangano Anthony J
Bought by
Mangano Laura

Purchase Details

Closed on
Mar 1, 2010
Sold by
Mangano Ft and Mangano Domenic J
Bought by
Mangano Domenic J and Mangano Anthony J
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
Graziano Jennelle $525,000 None Available
Mangano Mark A $247,000 --
Mangano Laura -- --
Mangano Domenic J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Graziano Jennelle $375,000
Previous Owner Mangano Mark A $238,756
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/18/2021 08/18/21 Sold $525,000 0.0% $233 / Sq Ft
07/12/2021 07/12/21 Pending -- -- --
07/07/2021 07/07/21 For Sale $525,000 -- $233 / 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 $4,800 $545,400 $111,900 $433,500
2024 $4,719 $510,200 $121,100 $389,100
2023 $4,593 $452,100 $112,200 $339,900
2022 $4,295 $375,400 $101,800 $273,600
2021 $4,210 $343,100 $101,800 $241,300
2020 $4,047 $325,600 $96,500 $229,100
2019 $4,036 $295,000 $80,200 $214,800
2018 $3,705 $258,700 $75,900 $182,800
2017 $3,450 $224,900 $71,700 $153,200
2016 $3,349 $215,900 $59,100 $156,800
2015 $3,284 $217,200 $59,100 $158,100
Source: Public Records

Agents Affiliated with this Home

  • Stephanie Murphy

    Seller's Agent in 2021

    Stephanie Murphy

    Keller Williams Realty Metropolitan

    (603) 562-6123

    1 in this area

    168 Total Sales

    Stephanie Murphy
    Section Image

  • J

    Buyer's Agent in 2021

    Jennelle Graziano

    Century 21 North East

    (617) 610-0362

    3 in this area

    35 Total Sales

    Jennelle Graziano
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72861558

MLS Property Information Network (MLS PIN)

APN: LAWR-000065-000000-000005

Massachusetts Essex County Lawrence 01843 South Common

295 Merrimack St, Lawrence, MA

Not Listed for Sale

MultiFamily

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