NOT LISTED FOR SALE

40 Lawrence St Methuen, MA 01844

Arlington Neighborhood

Estimated Value: $741,000 - $788,356

5 Beds
2 Baths
2,441 Sq Ft
$316/Sq Ft Est. Value

Last Sold July 31, 2020

Last sale price $500,000 $205 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $4,670/month

6 Days on Market

Highlights

  • Above Ground Pool
  • Fenced Yard
  • Porch

About This Home

As of July 2020

Meticulously maintained multi-family home in a fantastic neighborhood! 1st-floor amenities include a beautiful eat-in kitchen with granite counters, coffered ceilings in 2 rooms, gleaming hardwood floors, and 2 spacious bedrooms. Unit 2 features a bonus of 3rd-floor office space plus additional expansion possibilities. Newer siding, windows, furnace, and crown moldings. Loaded with curb appeal and featuring a paver walkway, irrigation system, fenced-in yard, above ground pool, and a large shed in terrific condition in the backyard! Ample off-street parking, and much more!

Last Agent to Sell the Property

francesca driscoll

Redfin Corp. Listed on: 06/04/2020

Redfin Corp.

Last Buyer's Agent

Francisco Cruz

Francisco Cruz Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1939

Lot Details

  • Fenced Yard
  • Sprinkler System

Outdoor Features

  • Above Ground Pool
  • Porch

Utilities

  • Natural Gas Water Heater

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:00714 B:00017 L:00016

Property Details

Home Type

Multi-Family

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 200.70
  • Comp Based On: Net Sale Price
  • Year Built: 1939
  • Lead Paint: Unknown
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1939

Interior Features

  • Fireplaces: 1
  • Total Flrs: 3
  • Total Frplcs: 1
  • No Bedrooms: 5
  • Total Brs: 5
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 10
  • Basement: Y
  • Basement Features: Full
  • Main Lo: NB3534
  • Main So: AN5843
  • Estimated Sq Ft: 2441.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Porch, Pool - Above Ground, Sprinkler System, Fenced Yard
  • Foundation: Fieldstone

Garage/Parking

  • Parking Feature: Off-Street, Paved Driveway
  • Parking Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Medical Facility, Highway Access, Public School

Lot Info

  • Assessments: 371500.00
  • Acre: 0.14
  • Lot Size: 6107.00
  • Page: 201
  • Parcel Number: M:00714 B:00017 L:00016
  • Zoning: BH
  • Lot Description: Paved Drive, Fenced/Enclosed

Green Features

  • Energy Features: Insulated Windows, Insulated Doors

Multi Family

  • Total Levels: 3
  • Total Rms: 10
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 4993.00
  • Assessor Parcel Number: 2043683

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2020
Closed on
Jul 1, 2020
Sold by
Castro Eva E
Bought by
Quezada Julio and Quezada Juana
Seller's Agent
francesca driscoll
Redfin Corp.
Buyer's Agent
Francisco Cruz
Francisco Cruz Real Estate
List Price
$489,900
Sold Price
$500,000
Premium/Discount to List
$10,100
2.06%
Current Estimated Value
$771,339

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$271,339
Avg. Annual Appreciation
8.12%
Original Mortgage
$475,000
Outstanding Balance
$419,316
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$352,023

Purchase Details

Listed on
Sep 28, 2017
Closed on
Nov 17, 2017
Sold by
Mauras Biadys G
Bought by
Castro Eva E
Seller's Agent
Mark Beliveau
Lamacchia Realty, Inc.
Buyer's Agent
Keith Garafola
Compass
List Price
$374,900
Sold Price
$393,000
Premium/Discount to List
$18,100
4.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.33%
Original Mortgage
$385,881
Interest Rate
3.85%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 1, 1993
Sold by
Fnma
Bought by
Biadys Biadys-Roman

Purchase Details

Closed on
Jan 11, 1988
Sold by
Librizzo Diane M
Bought by
Pelczar David 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
Quezada Julio $500,000 None Available
Castro Eva E $393,000 --
Biadys Biadys-Roman $34,200 --
Biadys Biadys-Roman $34,200 --
Pelczar David J $133,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Quezada Julio $475,000
Closed Quezada Julio $475,000
Previous Owner Castro Eva E $385,881
Previous Owner Pelczar David J $186,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/31/2020 07/31/20 Sold $500,000 +2.1% $205 / Sq Ft
06/10/2020 06/10/20 Pending -- -- --
06/04/2020 06/04/20 For Sale $489,900 +24.7% $201 / Sq Ft
11/17/2017 11/17/17 Sold $393,000 +4.8% $161 / Sq Ft View Prior Sale
10/02/2017 10/02/17 Pending -- -- --
09/28/2017 09/28/17 For Sale $374,900 -- $154 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $7,985 $754,700 $191,700 $563,000
2024 $7,236 $666,300 $171,900 $494,400
2023 $6,733 $575,500 $152,000 $423,500
2022 $6,058 $464,200 $119,000 $345,200
2021 $5,457 $413,700 $112,400 $301,300
2020 $4,993 $371,500 $105,800 $265,700
2019 $4,874 $343,500 $99,200 $244,300
2018 $4,496 $315,100 $99,200 $215,900
2017 $4,284 $292,400 $92,500 $199,900
2016 $4,022 $271,600 $85,900 $185,700
2015 $3,539 $242,400 $71,400 $171,000
Source: Public Records

Agents Affiliated with this Home

  • F

    Buyer's Agent in 2020

    Francisco Cruz

    Francisco Cruz Real Estate

    (978) 828-2889

    3 in this area

    51 Total Sales

    Francisco Cruz
    Section Image
  • Mark Beliveau

    Seller's Agent in 2017

    Mark Beliveau

    Lamacchia Realty, Inc.

    (978) 387-3464

    1 in this area

    101 Total Sales

    Mark Beliveau
    Section Image
  • Keith Garafola

    Buyer's Agent in 2017

    Keith Garafola

    Compass

    (978) 490-4226

    49 Total Sales

    Keith Garafola
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72667541

MLS Property Information Network (MLS PIN)

APN: METH-000714-000017-000016

Massachusetts Essex County Methuen 01844 Arlington

40 Lawrence St, Methuen, MA

Not Listed for Sale

MultiFamily

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