NOT LISTED FOR SALE

40 Crescent St Unit 42 Lawrence, MA 01841

Tower Hill Neighborhood

Estimated Value: $506,791 - $685,000

5 Beds
2 Baths
2,008 Sq Ft
$288/Sq Ft Est. Value

Last Sold April 08, 2016

Last sale price $150,500 $75 Per Sq Ft

Est. 284% increase in value since last sale

Current estimated payment $3,359/month

318 Days on Market

About This Home

As of April 2016

Great starter for a first time buyer with good rental income to help pay the mortgage. This property is conveniently located near Tower Hill and minutes to route 93, public transportation and shopping area. SHORT SALE

Last Agent to Sell the Property

Raul Ortega

Realty ONE Group Nest Listed on: 11/10/2014

Realty ONE Group Nest

Last Buyer's Agent

Raul Ortega

Realty ONE Group Nest Listed on: 11/10/2014

Realty ONE Group Nest

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,937

Year Built

1900

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Property Type: Multi-family
  • Other Agent: 1.00
  • Lead Paint: Unknown
  • Special Features: 12
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 9
  • Amenities: Public Transportation, Shopping, Park, Medical Facility
  • Electric: Circuit Breakers
  • Flooring: Wood, Tile
  • Basement: Partial
  • Total Levels: 2

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Vinyl
  • Foundation: Poured Concrete

Utilities

  • Heat Zones: 2
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 2

Lot Info

  • Assessor Parcel Number: M:0210 B:0000 L:0010
  • Zoning: RES
  • Lot: 0010

Multi Family

  • Appliances Common: Range
  • Heating Common: Forced Air
  • Heat Units: 2
  • Interior Features Common: Cable TV Available
  • Common Room: Living Room, Kitchen
  • Total Bedrooms: 5
  • Total Floors: 2
  • Total Full Baths: 2
  • Total Levels: 2
  • Total Rms: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 13, 2021
Sold by
Cruz Angel L
Bought by
A & A Prop Management Llc
Current Estimated Value
$577,948

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Outstanding Balance
$558,570
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$19,378

Purchase Details

Closed on
Apr 23, 2018
Sold by
Cruz Angel L
Bought by
A & A Property Managemen

Purchase Details

Listed on
Nov 10, 2014
Closed on
Apr 8, 2016
Sold by
Garcia Vanessa
Bought by
Cruz Angel L
Seller's Agent
Raul Ortega
Realty ONE Group Nest
Buyer's Agent
Raul Ortega
Realty ONE Group Nest
List Price
$199,500
Sold Price
$150,500
Premium/Discount to List
-$49,000
-24.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.93%
Original Mortgage
$112,875
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 2010
Sold by
Winthrop Realty Llc
Bought by
Garcia Vanessa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,011
Interest Rate
5.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 3, 2009
Sold by
Mhfa
Bought by
Winthrop Realty Llc and Guselli

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 25, 2007
Sold by
Garcia Jose
Bought by
Garcia Marcia and Garcia Jose A

Purchase Details

Closed on
Oct 2, 2002
Sold by
Cunningham Robert A and Cunningham Donna A
Bought by
Garcia Jose A

Purchase Details

Closed on
Jan 4, 2002
Sold by
Koontz Mary E
Bought by
Deleon Ana A

Purchase Details

Closed on
Feb 1, 1995
Sold by
East Boston Sb
Bought by
Jimenez Fidencio
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
A & A Prop Management Llc -- None Available
A & A Property Managemen -- --
Cruz Angel L $150,500 --
Garcia Vanessa $165,000 --
Garcia Vanessa $165,000 --
Winthrop Realty Llc $52,000 --
Winthrop Realty Llc $52,000 --
Garcia Marcia -- --
Garcia Marcia -- --
Garcia Jose A $149,900 --
Deleon Ana A $130,000 --
Jimenez Fidencio $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open A & A Prop Management Llc $620,000
Previous Owner Cruz Angel L $112,875
Previous Owner Garcia Vanessa $162,011
Previous Owner Winthrop Realty Llc $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/08/2016 04/08/16 Sold $150,500 -24.6% $75 / Sq Ft
09/24/2015 09/24/15 Pending -- -- --
11/10/2014 11/10/14 For Sale $199,500 -- $99 / 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 $3,937 $447,400 $134,200 $313,200
2024 $3,479 $376,100 $141,100 $235,000
2023 $3,480 $342,500 $136,200 $206,300
2022 $3,401 $297,300 $128,400 $168,900
2021 $3,421 $278,800 $128,400 $150,400
2020 $3,030 $243,800 $107,000 $136,800
2019 $2,736 $200,000 $79,600 $120,400
2018 $2,558 $178,600 $72,100 $106,500
2017 $2,711 $176,700 $68,300 $108,400
2016 $2,748 $177,200 $53,400 $123,800
2015 $2,561 $169,400 $53,400 $116,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71767036

MLS Property Information Network (MLS PIN)

APN: LAWR-000210-000000-000010