NOT LISTED FOR SALE

Estimated Value: $826,000 - $958,000

9 Beds
3 Baths
4,719 Sq Ft
$189/Sq Ft Est. Value

Last Sold June 27, 2022

Last sale price $750,000 $159 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $5,465/month

2 Days on Market

Highlights

  • Medical Services
  • Wood Flooring
  • Porch
  • Deck
  • Mud Room
  • Park

About This Home

As of June 2022

LEAD CERTIFICATES. ATTENTION Investors & those looking to owner occupy. This Triple Decker is centrally located in Lawrence with easy access for commuters to both I-495 and I-93. Consisting of three separately metered units this property has great income potential. Each unit consists of 3 amply sized bedrooms with closets, a separate Dining and living room, galley kitchen with updated cabinets, a full bath with tub/shower & a private back patio/deck overlooking the Spicket River. The common areas are the 2 main stairwells in the front and back of the property offering potential tenants easy and private access to their units. For additional storage there is a walk up, partially finished attic space on the fourth floor as well as a large unfinished basement space. The 1st and 2nd floor units have Refinished Hardwood, fresh paint & are to be delivered vacant. Long-time tenant on the 3rd floor. Don't miss this opportunity to own and earn income.

Last Agent to Sell the Property

Ray Boutin

RE/MAX Innovative Properties Listed on: 05/20/2022

RE/MAX Innovative Properties

Last Buyer's Agent

Michelle Fermin

Century 21 North East

Century 21 North East

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,807

Year Built

  • Built in 1923

Lot Details

  • 3,340 Sq Ft Lot
  • Gentle Sloping Lot

Parking

  • Open Parking

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 4,719 Sq Ft Home
  • Mud Room
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Microwave

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Deck
  • Porch

Location

  • Property is near schools

Schools

  • Lps Elementary And Middle School
  • LHS Or Gltech High School

Utilities

  • No Cooling
  • Heating Available
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $1,300
  • Tax Lot 0105
  • Assessor Parcel Number 4202979

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Recreation

  • Park

Additional Features

  • Medical Services
  • Net Operating Income $15,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,807

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1923
  • Buyer Agency: 2%
  • Buyer Agency Type: %
  • Transaction Broker: 1%
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Hardwood, Hardwood Floors, Unit 1(undefined), Unit 2(Hardwood Floors), Unit 3(Hardwood Floors)
  • Interior Amenities: Mudroom, Unit 1(Storage,Bathroom With Tub & Shower), Unit 2(Storage,Bathroom With Tub & Shower), Unit 3(Storage,Bathroom With Tub & Shower), Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen), Unit 3 Rooms(Living Room,Dining Room,Kitchen)
  • Fireplace YN: No
  • Appliances: None, Unit 2(Microwave), Unit 3(Range,Microwave,Refrigerator), Gas Water Heater, Utility Connections for Electric Range
  • Total Bedrooms: 9
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full, Unfinished
  • Living Area: 4719
  • Stories Total: 6
  • MAIN LO: AN3560
  • LIST PRICE PER Sq Ft: 137.74
  • PRICE PER Sq Ft: 158.93
  • MAIN SO: AN4339

Exterior Features

  • Exterior Features: Unit 1 Balcony/Deck, Unit 2 Balcony/Deck, Unit 3 Balcony/Deck
  • Construction Materials: Frame
  • Foundation Details: Stone
  • Patio And Porch Features: Porch, Deck
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Cooling: None, Unit 1(None), Unit 2(None), Unit 3(None)
  • Heating: Baseboard,Natural Gas, Unit 1(Hot Water Baseboard,Gas), Unit 2(Hot Water Baseboard,Gas), Unit 3(Hot Water Baseboard,Gas)
  • Cooling Y N: No
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Park, Medical Facility, Highway Access, House of Worship, Public School

Lot Info

  • Parcel Number: 4202979
  • Zoning: RES
  • Farm Land Area Units: Square Feet
  • Lot Features: Gentle Sloping
  • Lot Size Acres: 0.08
  • Lot Size Area: 0.08
  • Lot Size Sq Ft: 3340
  • Lot Size Units: Acres
  • PAGE: 275

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6807
  • Tax Block: 0000
  • Tax Book Number: 11929
  • Tax Lot: 0105
  • Tax Map Number: 0088

Multi Family

  • Gross Income: 15600
  • Net Operating Income: 15600
  • Number Of Units Total: 3
  • Total Actual Rent: 1300
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

MLS Schools

  • High School: Lhs Or Gltech
  • Elementary School: Lps
  • Middle Or Junior School: Lps

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2010
Sold by
First Bk
Bought by
38 Fulton Rt
Current Estimated Value
$891,101

Purchase Details

Closed on
Jan 28, 2010
Sold by
Santos Carlos G and First Bk
Bought by
First Bk

Purchase Details

Closed on
Jul 5, 2006
Sold by
Daley James F
Bought by
Santos Carlos G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,580
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 25, 2002
Sold by
Oakledge Rt
Bought by
Daley James F

Purchase Details

Closed on
May 28, 1999
Sold by
Dome Carmela A and Santos Carlos
Bought by
Santos Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,800
Interest Rate
6.82%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
38 Fulton Rt $75,500 --
First Bk $67,500 --
Santos Carlos G $286,200 --
Daley James F -- --
Santos Carlos $36,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Santos Carlos G $257,580
Previous Owner Santos Carlos G $28,620
Previous Owner Daley James F $214,500
Previous Owner Daley James F $167,250
Previous Owner Daley James F $130,000
Previous Owner Graichen Scott $36,800
Previous Owner Graichen Scott $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2022 06/27/22 Sold $750,000 +15.4% $159 / Sq Ft
05/23/2022 05/23/22 Pending -- -- --
05/20/2022 05/20/22 For Sale $650,000 -- $138 / 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 $7,430 $844,300 $107,100 $737,200
2024 $8,259 $892,900 $103,600 $789,300
2023 $7,550 $743,100 $89,300 $653,800
2022 $6,807 $595,000 $82,900 $512,100
2021 $6,346 $517,200 $82,900 $434,300
2020 $6,221 $500,500 $66,400 $434,100
2019 $6,698 $489,600 $68,700 $420,900
2018 $5,953 $415,700 $62,500 $353,200
2017 $5,733 $373,700 $61,800 $311,900
2016 $5,449 $351,300 $41,200 $310,100
2015 $5,086 $336,400 $41,200 $295,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72985845

MLS Property Information Network (MLS PIN)

APN: LAWR-000088-000000-000105