487 Andover St Lawrence, MA 01843
South West NeighborhoodEstimated Value: $593,514 - $788,000
8
Beds
2
Baths
2,834
Sq Ft
$256/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
$156,379
Avg. Annual Appreciation
6.61%
Original Mortgage
$574,404
Outstanding Balance
$536,540
Interest Rate
3.05%
Mortgage Type
FHA
Estimated Equity
$173,742
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
Similar Homes in Lawrence, MA
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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
-
Ray Boutin
Seller's Agent in 2022
Ray Boutin
RE/MAX
(978) 502-8352
2 in this area
230 Total Sales
-
Joelvi Gonzalez
J
Buyer's Agent in 2022
Joelvi Gonzalez
Cameron Real Estate Group
(339) 793-1709
1 in this area
13 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72896481
APN: LAWR-000139-000000-000101-000003-000003
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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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