Seller's Agent in 2024
Penelope Valdez Mejia
Keller Williams Realty
(978) 873-2554
6 in this area
139 Total Sales
40 Salem St Unit 42 Lawrence, MA 01843
South Common NeighborhoodEstimated Value: $739,000 - $861,079
6
Beds
2
Baths
2,704
Sq Ft
$300/Sq Ft
Est. Value
About This Home
As of December 2024Welcome to 40-42 Salem, Located in South area of Lawrence! Ready for owner occupied or investor. Come to check this property on Jun 1st and Jun 2nd from 12pm- 1:30pm.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,938
Year Built
- Built in 1910
Lot Details
- 6,000 Sq Ft Lot
Home Design
- Stone Foundation
Interior Spaces
- 2,704 Sq Ft Home
- Property has 1 Level
- Finished Basement
Bedrooms and Bathrooms
- 6 Bedrooms
- 2 Full Bathrooms
Parking
- 4 Car Parking Spaces
- Driveway
- Open Parking
Community Details
- 2 Units
- Net Operating Income $74,400
Listing and Financial Details
- Total Actual Rent $6,200
- Assessor Parcel Number M:0063 B:0000 L:0050,4201350
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 20, 2021
Sold by
Del-Orbe Joselyn and Yepez-Montesinos Gl F
Bought by
Montesinos Gabriel F
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$402,500
Outstanding Balance
$364,889
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$446,631
Purchase Details
Closed on
Oct 16, 2018
Sold by
Mogrovejo-Naranjo M E
Bought by
Delorbe Joselyn
Purchase Details
Listed on
May 2, 2012
Closed on
Jul 18, 2012
Sold by
Maccord Sharon A and Maccord James D
Bought by
Mogrovejo-Naranjo M E
Seller's Agent
Steve Fisichelli
Coldwell Banker Realty - Haverhill
Buyer's Agent
Salah Hamani
Hamani Realty
List Price
$235,900
Sold Price
$239,000
Premium/Discount to List
$3,100
1.31%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.68%
Original Mortgage
$234,671
Interest Rate
3.75%
Mortgage Type
FHA
Purchase Details
Closed on
Jun 1, 1998
Sold by
Marsan Paul D
Bought by
Deluca Rebecca L
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Montesinos Gabriel F | -- | None Available | |
| Montesinos Gabriel F | -- | None Available | |
| Montesinos Gabriel F | -- | None Available | |
| Delorbe Joselyn | -- | -- | |
| Delorbe Joselyn | -- | -- | |
| Mogrovejo-Naranjo M E | $239,000 | -- | |
| Deluca Rebecca L | $248,900 | -- | |
| Deluca Rebecca L | $248,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Montesinos Gabriel F | $402,500 | |
| Closed | Montesinos Gabriel F | $402,500 | |
| Previous Owner | Mogrovejo-Naranjo M E | $234,671 | |
| Previous Owner | Deluca Rebecca L | $140,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/09/2024 12/09/24 | Sold | $765,000 | +21.4% | $283 / Sq Ft | |
| 10/02/2024 10/02/24 | Pending | -- | -- | -- | |
| 05/14/2024 05/14/24 | For Sale | $629,900 | -17.7% | $233 / Sq Ft | |
| 04/10/2024 04/10/24 | Off Market | $765,000 | -- | -- | |
| 04/10/2024 04/10/24 | For Sale | $629,900 | +163.6% | $233 / Sq Ft | |
| 07/18/2012 07/18/12 | Sold | $239,000 | +1.3% | $77 / Sq Ft | View Prior Sale |
| 06/18/2012 06/18/12 | Pending | -- | -- | -- | |
| 05/02/2012 05/02/12 | For Sale | $235,900 | -- | $76 / 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 | $5,184 | $589,100 | $109,300 | $479,800 |
| 2024 | $5,077 | $548,900 | $118,300 | $430,600 |
| 2023 | $4,938 | $486,000 | $109,700 | $376,300 |
| 2022 | $4,605 | $402,500 | $99,400 | $303,100 |
| 2021 | $4,501 | $366,800 | $99,400 | $267,400 |
| 2020 | $4,329 | $348,300 | $94,300 | $254,000 |
| 2019 | $4,330 | $316,500 | $78,300 | $238,200 |
| 2018 | $3,968 | $277,100 | $74,200 | $202,900 |
| 2017 | $3,685 | $240,200 | $70,100 | $170,100 |
| 2016 | $3,595 | $231,800 | $57,700 | $174,100 |
| 2015 | $3,527 | $233,300 | $57,700 | $175,600 |
Source: Public Records
Agents Affiliated with this Home
-
Penelope Valdez Mejia
-
Michelle Fermin
Buyer's Agent in 2024
Michelle Fermin
Century 21 North East
(978) 423-6545
17 in this area
1,128 Total Sales
-
Steve Fisichelli
Seller's Agent in 2012
Steve Fisichelli
Coldwell Banker Realty - Haverhill
(978) 994-6503
1 in this area
137 Total Sales
-
S
Buyer's Agent in 2012
Salah Hamani
Hamani Realty
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73221988
APN: LAWR-000063-000000-000050
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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