Seller's Agent in 2022
Ray Boutin
RE/MAX
(978) 502-8352
2 in this area
233 Total Sales
487 Andover St Lawrence, MA 01843
South West NeighborhoodEstimated Value: $614,523 - $827,000
8
Beds
2
Baths
2,834
Sq Ft
$258/Sq Ft
Est. Value
Highlights
- Medical Services
- Wood Flooring
- Park
- Property is near public transit
- Enclosed Patio or Porch
- 4-minute walk to Donovan Park
About This Home
As of January 2022Brand New Roof Installed in August 2021! 2 Unit Multi-Family Now Available In South Lawrence with Lead compliance Certificates. These Spacious Units have Gleaming Hardwood Floors and Wainscoting Throughout. The First Floor Unit is Vacant, with 4 Bedrooms and 1 Full Bathroom. The Bathroom has Tile Flooring and a Tile Shower. First Floor Unit also has a Pantry with Washer/Dryer Hookups. It includes Upgraded Cabinetry, Granite Countertops & Tons of Storage Space. The Unit also has a Private Covered Deck. The Second Floor Unit has a Similar Layout with 4 Bedrooms and 1 Full Bathroom, also with Tile Flooring and Tile Shower. The Tiled Pantry has Washer/Dryer Hookups. Two Private Decks are Included. Shared Three Seasons Porch on Main Level. Full Attic and Basement. The Basement also has 2 Separate Work Areas with Benches.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,623
Year Built
- Built in 1910
Lot Details
- 3,302 Sq Ft Lot
- Stone Wall
Parking
- Open Parking
Home Design
- Duplex
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 2,834 Sq Ft Home
- Property has 1 Level
- Window Screens
- Storm Doors
- Washer and Dryer Hookup
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 8 Bedrooms
- 2 Full Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Block Basement Construction
Schools
- Lps Elementary And Middle School
- Lps High School
Utilities
- No Cooling
- 2 Heating Zones
- Heating Available
- Natural Gas Connected
- Oil Water Heater
- Satellite Dish
Additional Features
- Enclosed Patio or Porch
- Property is near public transit
Listing and Financial Details
- Total Actual Rent $1,500
- Rent includes unit 1(water), unit 2(water other (see remarks))
- Tax Lot 101 3
- Assessor Parcel Number M:0139 B:0000 L:101 3,4549947
Community Details
Recreation
- Park
Additional Features
- 2 Units
- Medical Services
- Net Operating Income $18,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 16, 2021
Closed on
Jan 12, 2022
Sold by
487-489 Andover Rt
Bought by
Yolanda-Jorge Carmen
Seller's Agent
Ray Boutin
RE/MAX Innovative Properties
Buyer's Agent
Joelvi Gonzalez
Cameron Real Estate Group
List Price
$599,900
Sold Price
$570,000
Premium/Discount to List
-$29,900
-4.98%
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
$159,135
Avg. Annual Appreciation
6.97%
Original Mortgage
$574,404
Outstanding Balance
$534,390
Interest Rate
3.05%
Mortgage Type
FHA
Estimated Equity
$191,989
Purchase Details
Closed on
Jan 20, 2009
Sold by
Us Bk
Bought by
487-489 Andover Rt and Derosa Steven J
Purchase Details
Closed on
Mar 1, 2006
Sold by
Richter Arthur H
Bought by
Difo Antonio
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage
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 |
|---|---|---|---|
| Yolanda-Jorge Carmen | $570,000 | None Available | |
| 487-489 Andover Rt | $88,500 | -- | |
| Us Bk | $278,531 | -- | |
| Difo Antonio | $320,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Yolanda-Jorge Carmen | $574,404 | |
| Previous Owner | Difo Antonio | $256,000 | |
| Previous Owner | Difo Antonio | $64,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/12/2022 01/12/22 | Sold | $570,000 | -5.0% | $201 / Sq Ft |
| 11/11/2021 11/11/21 | Pending | -- | -- | -- |
| 09/16/2021 09/16/21 | For Sale | $599,900 | -- | $212 / 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 | $5,186 | $589,300 | $90,800 | $498,500 |
| 2024 | $4,967 | $537,000 | $98,300 | $438,700 |
| 2023 | $5,106 | $502,600 | $91,200 | $411,400 |
| 2022 | $4,760 | $416,100 | $82,600 | $333,500 |
| 2021 | $4,622 | $376,700 | $82,600 | $294,100 |
| 2020 | $4,446 | $357,700 | $78,400 | $279,300 |
| 2019 | $4,268 | $312,000 | $65,000 | $247,000 |
| 2018 | $3,894 | $271,900 | $61,600 | $210,300 |
| 2017 | $3,596 | $234,400 | $58,200 | $176,200 |
| 2016 | $3,539 | $228,200 | $47,900 | $180,300 |
| 2015 | $3,473 | $229,700 | $47,900 | $181,800 |
Source: Public Records
Agents Affiliated with this Home
-
-
J
Buyer's Agent in 2022
Joelvi Gonzalez
Cameron Real Estate Group
(339) 793-1709
1 in this area
12 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72896481
APN: LAWR-000139-000000-000101-000003-000003
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