NOT LISTED FOR SALE

48 Olive Ave Unit 50 Lawrence, MA 01841

Tower Hill Neighborhood

Estimated Value: $720,000 - $803,000

5 Beds
3 Baths
2,472 Sq Ft
$306/Sq Ft Est. Value

Last Sold March 09, 2012

Last sale price $175,000 $71 Per Sq Ft

Est. 332% increase in value since last sale

Current estimated payment $4,666/month

397 Days on Market

About This Home

As of March 2012

Tower Hill deleaded 3 family with newer windows and siding and a fenced in yard. Roof and retaining wall need work...sold as-is. Subject to 3rd party approval.

Last Listed By

Matt McLennan

Century 21 McLennan & Company Listed on: 01/07/2011

Century 21 McLennan & Company

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,656

Year Built

1930

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Other Agent: 2.00
  • Special Features: 12
  • Property Sub Type: MultiFamily
  • Year Built: 1930

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 13
  • Electric: Circuit Breakers
  • Basement: Full

Exterior Features

  • Foundation: Fieldstone

Garage/Parking

  • Parking Spaces: 3

Utilities

  • Heat Zones: 3
  • Hot Water: Natural Gas
  • Water/Sewer: City/Town Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2011
Closed on
Mar 9, 2012
Sold by
Dube Kevin
Bought by
William Realty Llc
Seller's Agent
Matt McLennan
Century 21 McLennan & Company
Buyer's Agent
Matt McLennan
Century 21 McLennan & Company
List Price
$169,900
Sold Price
$175,000
Premium/Discount to List
$5,100
3%
Total Days on Market
397
Current Estimated Value
$756,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$581,535
Avg. Annual Appreciation
11.74%
Original Mortgage
$122,500
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 2006
Sold by
Beloin Robert C
Bought by
Dube Kevin A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,800
Interest Rate
6.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 23, 1999
Sold by
Department Of Housing & Urban Dev
Bought by
Beloin Robert C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
8.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 16, 1998
Sold by
Perez Richard
Bought by
Homeside Lending

Purchase Details

Closed on
Mar 27, 1997
Sold by
Najm Jean J
Bought by
Perez Richard

Purchase Details

Closed on
Jun 23, 1993
Sold by
Chase James N
Bought by
Najm Jean J

Range of Values:

Collateral Analytics

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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
William Realty Llc $175,000 --
Dube Kevin A $298,500 --
Beloin Robert C $108,000 --
Homeside Lending $90,883 --
Perez Richard $82,000 --
Najm Jean J $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hiciano Hector $667,683
Closed Najm Jean J $122,500
Previous Owner Dube Kevin $10,140
Previous Owner Dube Kevin A $238,800
Previous Owner Dube Kevin A $59,700
Previous Owner Najm Jean J $79,000
Previous Owner Najm Jean J $54,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2012 03/09/12 Sold $175,000 +3.0% $71 / Sq Ft
02/08/2012 02/08/12 Pending -- -- --
01/07/2011 01/07/11 For Sale $169,900 -- $69 / 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 $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

  • Matt McLennan

    Seller's Agent in 2012

    Matt McLennan

    Century 21 McLennan & Company

    (978) 660-3135

    161 Total Sales

    Matt McLennan
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71176494

MLS Property Information Network (MLS PIN)

APN: LAWR-000227-000000-000039

Massachusetts Essex County Lawrence 01841 Tower Hill

48 Olive Ave Unit 50, Lawrence, MA

Homes for Sale in Lawrence, MA

This home is located at 48 Olive Ave Unit 50, Lawrence, MA 01841 since 07 January 2011 and is currently estimated at $756,535, approximately $306 per square foot. This property was built in 1930. 48 Olive Ave Unit 50 is a home located in Essex County with nearby schools including James F. Hennessey School, Alexander B. Bruce School, and School For Exceptional Studies.

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