Kathy Cyrier
William Raveis R.E. & Home Services
(351) 208-2953
52 Total Sales
1 in Tower Hill
$430,000 Price
48-50 Olive Ave Lawrence, MA 01841
Tower Hill NeighborhoodEstimated Value: $757,000 - $1,053,000
7
Beds
3
Baths
2,472
Sq Ft
$357/Sq Ft
Est. Value
Highlights
- Medical Services
- Wood Flooring
- Shops
- Property is near public transit
- Covered Patio or Porch
- Coin Laundry
About This Home
As of September 2022Well-maintained Tower Hill 3-family. Generates great rental income and is ready to make you money. 3 units up and down, Units 1 & 2 are 5 room, 3 bedroom 1 bath units. Unit 3 on this a 3 room, 1 bedroom, 1 bath unit. This property features hardwood floors, off-street parking, and a fenced in backyard. Conveniently located 5 minutes from major highways in a quiet neighborhood. Second floor vacant for easy and immediate showings.
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,005
Year Built
- Built in 1930
Lot Details
- 5,631 Sq Ft Lot
- Irregular Lot
- Gentle Sloping Lot
- Cleared Lot
Home Design
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 2,472 Sq Ft Home
- Basement Fills Entire Space Under The House
- Washer and Gas Dryer Hookup
Flooring
- Wood
- Laminate
Bedrooms and Bathrooms
- 7 Bedrooms
- 3 Full Bathrooms
Parking
- 4 Car Parking Spaces
- Driveway
- Open Parking
- Off-Street Parking
Utilities
- Separate Meters
- 100 Amp Service
- Gas Water Heater
Additional Features
- Covered Patio or Porch
- Property is near public transit
Listing and Financial Details
- Assessor Parcel Number M:0227 B:0000 L:0039,4212045
Community Details
Overview
- 3 Units
- Property has 1 Level
Amenities
- Medical Services
- Shops
- Coin Laundry
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 6, 2022
Closed on
Sep 6, 2022
Sold by
Bought by
Seller's Agent
Paul Guselli
The Guselli Agency, Inc.
Buyer's Agent
Pedro Garcia
Garcia Realty, LLC
List Price
$729,900
Sold Price
$680,000
Premium/Discount to List
-$49,900
-6.84%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,326
Avg. Annual Appreciation
6.79%
Original Mortgage
$667,683
Outstanding Balance
$630,605
Interest Rate
5.54%
Mortgage Type
FHA
Estimated Equity
$250,721
Purchase Details
Closed on
Mar 9, 2012
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,500
Interest Rate
3.99%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 22, 2006
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,700
Interest Rate
6.88%
Purchase Details
Closed on
Sep 23, 1999
Sold by
Bought by
Purchase Details
Closed on
Dec 16, 1998
Sold by
Bought by
Purchase Details
Closed on
Mar 27, 1997
Sold by
Bought by
Purchase Details
Closed on
Jun 23, 1993
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Tower Hill, MA
-
Kathy Cyrier
-
Heidy Gisler
Heidy Gisler
Keller Williams Realty Success
(781) 782-2883
61 Total Sales
1 in Tower Hill
$925,000 Price
-
Team Valdez Mejia
Team Valdez Mejia
Keller Williams Realty
(351) 208-2030
158 Total Sales
7 in Tower Hill
$270K - $875K Price Range
-
Andrew McAloon
Andrew McAloon
Lamacchia Realty, Inc.
(978) 736-3628
27 Total Sales
1 in Tower Hill
$380,000 Price
-
Juan Lopera-Martinez
Juan Lopera-Martinez
eXp Realty LLC
(339) 338-4961
85 Total Sales
1 in Tower Hill
$580,000 Price
-
Jose Frias
Jose Frias
Responds QuicklyRealty ONE Group Nest
(351) 215-0157
129 Total Sales
5 in Tower Hill
$251K - $700K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $680,000 | None Available | ||
| $175,000 | -- | ||
| $298,500 | -- | ||
| $108,000 | -- | ||
| $90,883 | -- | ||
| $82,000 | -- | ||
| $60,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $667,683 | ||
| Previous Owner | $122,500 | ||
| Previous Owner | $10,140 | ||
| Previous Owner | $59,700 | ||
| Previous Owner | $79,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/07/2022 09/07/22 | Sold | $680,000 | -6.8% | $275 / Sq Ft |
| 08/07/2022 08/07/22 | Pending | -- | -- | -- |
| 07/06/2022 07/06/22 | For Sale | $729,900 | -- | $295 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $5,656 | $642,700 | $126,000 | $516,700 |
| 2024 | $5,532 | $598,100 | $121,800 | $476,300 |
| 2023 | $5,561 | $547,300 | $106,700 | $440,600 |
| 2022 | $5,005 | $437,500 | $99,200 | $338,300 |
| 2021 | $4,737 | $386,100 | $99,200 | $286,900 |
| 2020 | $4,430 | $356,400 | $84,000 | $272,400 |
| 2019 | $4,494 | $328,500 | $72,800 | $255,700 |
| 2018 | $4,488 | $313,400 | $69,500 | $243,900 |
| 2017 | $3,936 | $256,600 | $67,100 | $189,500 |
| 2016 | $3,918 | $252,600 | $47,700 | $204,900 |
| 2015 | $3,704 | $245,000 | $47,700 | $197,300 |
Source: Public Records
Agents Affiliated with this Home
-
Paul Guselli
P
Seller's Agent in 2022
Paul Guselli
The Guselli Agency, Inc.
(978) 686-6400
2 in this area
8 Total Sales
-
Pedro Garcia
Buyer's Agent in 2022
Pedro Garcia
Garcia Realty, LLC
(978) 689-5600
7 in this area
71 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73007910
APN: LAWR-000227-000000-000039
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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