NOT LISTED FOR SALE

43 Forest St Unit 45 Lawrence, MA 01841

Tower Hill Neighborhood

Estimated Value: $887,000 - $1,080,000

6 Beds
2 Baths
3,006 Sq Ft
$332/Sq Ft Est. Value

Last Sold March 12, 2014

Last sale price $265,000 $88 Per Sq Ft

Est. 277% increase in value since last sale

Current estimated payment $5,907/month

108 Days on Market

Highlights

  • Property is near public transit
  • Porch
  • Shops
  • Wood Flooring
  • Cooling Available
  • Coin Laundry

About This Home

As of March 2014

Spacious well maintained 2 family, with fenced yard. Eat in kitchen with laundry hook ups in each unit. Full walk-out basement. Tenants at will in both units

Last Agent to Sell the Property

Lynda Tobasco Whitty

Century 21 North East License #456013302 Listed on: 10/09/2013

Co-Listed By

Cheryl Dibiasio

Berkshire Hathaway HomeServices Verani Realty

Last Buyer's Agent

Anny Cruz

Simple Choice Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,910

Year Built

  • Built in 1910

Lot Details

  • 3,920 Sq Ft Lot
  • Fenced
  • Gentle Sloping Lot

Home Design

  • Duplex
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,006 Sq Ft Home
  • Property has 1 Level
  • Insulated Windows
  • Insulated Doors
  • Wood Flooring
  • Washer and Gas Dryer Hookup

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

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

Utilities

  • Cooling Available
  • Heating Available
  • 220 Volts
  • 110 Volts
  • Natural Gas Connected
  • Gas Water Heater
  • Water Heater Leased

Additional Features

  • Energy-Efficient Thermostat
  • Porch
  • Property is near public transit

Listing and Financial Details

  • Total Actual Rent $2,050
  • Rent includes unit 1(water), unit 2(water)
  • Tax Lot 0010
  • Assessor Parcel Number M:0189 B:0000 L:0010,4210291

Community Details

Amenities

  • Shops
  • Coin Laundry

Additional Features

  • 2 Units
  • Net Operating Income $24,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,910

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1910
  • Buyer Agency: 2%
  • Buyer Agency Type: %
  • Transaction Broker: 2%
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Flooring: Hardwood, Unit 1(undefined), Unit 2(Hardwood Floors)
  • Interior Amenities: Unit 1(Pantry,Lead Certification Available), Unit 2(Pantry,Lead Certification Available), Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen)
  • Door Features: Insulated Doors
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator), Gas Water Heater,Tank Water Heater,Leased Heater, Utility Connections for Gas Range, Utility Connections for Gas Dryer, Utility Connections for Electric Dryer, Utility Connections Varies per Unit
  • Total Bedrooms: 6
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Laundry Features: Washer Hookup
  • Basement: Full, Walk-Out Access, Concrete
  • Living Area: 3006
  • Stories Total: 3
  • Window Features: Insulated Windows
  • MAIN LO: G61700
  • LIST PRICE PER Sq Ft: 93.11
  • PRICE PER Sq Ft: 88.16
  • MAIN SO: G61700

Exterior Features

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

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Dryer, for Electric Dryer, Washer Hookup, Varies per Unit
  • Cooling: Unit 1(Common), Unit 2(Common)
  • Heating: Unit 1(Hot Water Radiators,Gas,Individual,Unit Control), Unit 2(Hot Water Radiators,Gas,Individual,Unit Control)
  • Cooling Y N: Yes
  • Electric: 110 Volts, 220 Volts, Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Laundromat
  • Rent Includes: Unit 1(Water), Unit 2(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:0189 B:0000 L:0010,4210291
  • Zoning: RES
  • Farm Land Area Units: Square Feet
  • Lot Features: Gentle Sloping
  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Size Sq Ft: 3920.399999
  • Lot Size Units: Acres
  • LOT SIZE: 3840
  • PAGE: 48

Green Features

  • Green Energy Efficient: Thermostat, Varies per Unit

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 2910
  • Tax Block: 0000
  • Tax Book Number: 1939
  • Tax Lot: 0010
  • Tax Map Number: 0189

Multi Family

  • Gross Income: 24600
  • Net Operating Income: 24600
  • Number Of Units Total: 2
  • Total Actual Rent: 2050
  • LEVELS 1: 1
  • LEVELS 2: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 15, 2021
Sold by
Adellan Investment Llc
Bought by
Lendof Rafael H
Current Estimated Value
$999,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$541,000
Outstanding Balance
$497,604
Interest Rate
2.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$547,063

Purchase Details

Closed on
Oct 8, 2020
Sold by
Lendof Rafael H and Cabrera Zeldy G
Bought by
Adellan Investment Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 9, 2013
Closed on
Mar 12, 2014
Sold by
Divito Vincenzo and Divito Linda M
Bought by
Lendof Rafael H
Seller's Agent
Lynda Tobasco Whitty
Century 21 North East
Buyer's Agent
Anny Cruz
Simple Choice Realty
List Price
$297,900
Sold Price
$265,000
Premium/Discount to List
-$32,900
-11.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.61%
Original Mortgage
$204,050
Interest Rate
4.32%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Lendof Rafael H -- None Available
Lendof Rafael H -- None Available
Adellan Investment Llc -- None Available
Adellan Investment Llc -- None Available
Adellan Investment Llc -- None Available
Lendof Rafael H $265,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lendof Rafael H $541,000
Previous Owner Adellan Investment Llc $420,000
Previous Owner Lendof Rafael H $204,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2014 03/12/14 Sold $265,000 -11.0% $88 / Sq Ft
02/10/2014 02/10/14 Pending -- -- --
10/08/2013 10/08/13 For Sale $297,900 -- $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 $7,542 $857,000 $111,500 $745,500
2024 $8,295 $896,800 $107,800 $789,000
2023 $8,384 $825,200 $94,400 $730,800
2022 $4,727 $413,200 $87,700 $325,500
2021 $1,076 $87,700 $87,700 $0
2020 $924 $74,300 $74,300 $0
2019 $5,565 $406,800 $64,400 $342,400
2018 $5,399 $377,000 $61,500 $315,500
2017 $4,843 $315,700 $59,300 $256,400
2016 $4,996 $322,100 $42,200 $279,900
2015 $3,526 $233,200 $42,200 $191,000
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2014

    Lynda Tobasco Whitty

    Century 21 North East

  • C

    Seller Co-Listing Agent in 2014

    Cheryl Dibiasio

    Berkshire Hathaway HomeServices Verani Realty

    (978) 835-9859

    50 Total Sales

    Cheryl Dibiasio
    Section Image

  • A

    Buyer's Agent in 2014

    Anny Cruz

    Simple Choice Realty

    (978) 420-7088

    3 in this area

    21 Total Sales

    Anny Cruz
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71594601

MLS Property Information Network (MLS PIN)

APN: LAWR-000189-000000-000010

Massachusetts Essex County Lawrence 01841 Tower Hill

43 Forest St Unit 45, Lawrence, MA

This home is located at 43 Forest St Unit 45, Lawrence, MA 01841 since 09 October 2013 and is currently estimated at $999,333, approximately $332 per square foot. This property was built in 1910. 43 Forest St Unit 45 is a home located in Essex County with nearby schools including James F. Hennessey School, Alexander B. Bruce School, and School For Exceptional Studies.

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.

MLS Property Information Network (MLS PIN) 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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