5 Lafayette Ave Lawrence, MA 01843
Mount Vernon NeighborhoodEstimated payment $2,769/month
Highlights
- Property is near public transit
- Wood Flooring
- Gazebo
- Ranch Style House
- No HOA
- Fenced Yard
About This Home
This charming Mt. Vernon home just got even more attractive with a price drop, making it an unbeatable opportunity! Nestled on a quiet dead-end street, it offers the perfect balance of tranquility and convenience, with easy access to Routes 495 and 93 for commuters. The property features a rare double lot, partially fenced, creating an ideal space for gardening, play, relaxation, and future expansion. Inside, the home has great potential, including a partially finished 560 sq. ft. basement with a wood stove hookup, perfect for cozy winter nights. Two outdoor sheds provide ample storage. Don't miss out on this affordable home that combines a prime location with plenty of room to grow. Plus, for qualified buyers, this home qualifies for a limited-time lender-paid 2-1 buydown, which means reduced monthly payments for the first two years at no cost to you or the seller.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,775
Year Built
- Built in 1965
Lot Details
- 6,707 Sq Ft Lot
- Fenced Yard
- Gentle Sloping Lot
- Additional Land
- Property is zoned Family Res
Home Design
- Ranch Style House
- Frame Construction
- Blown Fiberglass Insulation
- Shingle Roof
- Concrete Perimeter Foundation
Kitchen
- Oven
- Range
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Laundry
- Dryer
Partially Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Laundry in Basement
Parking
- 4 Car Parking Spaces
- Tandem Parking
- Driveway
- Paved Parking
- Open Parking
- Off-Street Parking
Outdoor Features
- Gazebo
- Outdoor Storage
Location
- Property is near public transit
- Property is near schools
Schools
- South Lawrence East Elementary School
- Frost Middle School
- Lawrence High School
Utilities
- No Cooling
- Heating System Uses Natural Gas
- Baseboard Heating
- 100 Amp Service
- Gas Water Heater
Listing and Financial Details
- Tax Lot 0005
- Assessor Parcel Number M:0077 B:0000 L:0005,4202141
Community Details
Overview
- No Home Owners Association
- Mount Vernon Subdivision
Amenities
- Shops
Recreation
- Park
Map
Home Values in the Area
Average Home Value in this Area
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 | $3,775 | $429,000 | $160,100 | $268,900 |
| 2024 | $3,455 | $373,500 | $129,000 | $244,500 |
| 2023 | $3,567 | $351,100 | $115,600 | $235,500 |
| 2022 | $3,416 | $298,600 | $106,700 | $191,900 |
| 2021 | $3,131 | $255,200 | $97,900 | $157,300 |
| 2020 | $3,017 | $242,700 | $85,400 | $157,300 |
| 2019 | $3,170 | $231,700 | $93,200 | $138,500 |
| 2018 | $3,010 | $210,200 | $93,200 | $117,000 |
| 2017 | $3,007 | $196,000 | $90,700 | $105,300 |
| 2016 | $2,872 | $185,200 | $77,000 | $108,200 |
| 2015 | $2,800 | $185,200 | $77,000 | $108,200 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/21/2025 12/21/25 | Pending | -- | -- | -- |
| 12/15/2025 12/15/25 | Price Changed | $469,900 | -2.1% | $420 / Sq Ft |
| 11/28/2025 11/28/25 | Price Changed | $479,900 | -1.0% | $428 / Sq Ft |
| 11/14/2025 11/14/25 | For Sale | $484,900 | -- | $433 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Available | |
| Deed | -- | None Available | |
| Deed | -- | -- | |
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $307,500 | Reverse Mortgage Home Equity Conversion Mortgage | |
| Previous Owner | $11,500 | No Value Available | |
| Previous Owner | $35,000 | No Value Available |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73448065
APN: LAWR-000077-000000-000005
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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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