Seller's Agent in 2022
Tyler Scaglione
Cameron Real Estate Group
(781) 412-1980
3 in this area
513 Total Sales
501 Andover St Unit 503 Lawrence, MA 01843
South West NeighborhoodEstimated Value: $626,000 - $942,000
7
Beds
3
Baths
3,116
Sq Ft
$264/Sq Ft
Est. Value
Highlights
- Medical Services
- Corner Lot
- Porch
- Property is near public transit
- Jogging Path
- 3-minute walk to Donovan Park
About This Home
As of December 2022Perfect opportunity for owner occupied in South Lawrence. Large spacious units. Off street parking. Live in the spacious 3 bedroom unit and let the tenants pay your mortgage.
Last Buyer's Agent
Patrick Ricot
Neighborhood Assistance
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,753
Year Built
- Built in 1900
Lot Details
- 4,800 Sq Ft Lot
- Corner Lot
Home Design
- 3,116 Sq Ft Home
- Stone Foundation
- Frame Construction
- Shingle Roof
Bedrooms and Bathrooms
- 7 Bedrooms
- 3 Full Bathrooms
Laundry
- Washer and Electric Dryer Hookup
Parking
- 3 Car Parking Spaces
- Off-Street Parking
Outdoor Features
- Rain Gutters
- Porch
Location
- Property is near public transit
- Property is near schools
Utilities
- No Cooling
- Heating Available
- Natural Gas Connected
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number M:0138 B:0000 L:0031,4206644
Community Details
Overview
- 3 Units
- Property has 1 Level
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Park
- Jogging Path
Building Details
- Net Operating Income $9,600
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 24, 2022
Closed on
Dec 30, 2022
Sold by
Bay Flow Llc
Bought by
Abarca Dayanna J and Abarca Erick A
Seller's Agent
Tyler Scaglione
Cameron Real Estate Group
Buyer's Agent
Patrick Ricot
Neighborhood Assistance
List Price
$624,900
Sold Price
$700,000
Premium/Discount to List
$75,100
12.02%
Views
110
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
$121,395
Avg. Annual Appreciation
5.61%
Original Mortgage
$700,000
Outstanding Balance
$676,909
Interest Rate
6.61%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$144,486
Purchase Details
Closed on
Jul 6, 2022
Sold by
J T S Rt and Duffy
Bought by
Bay Flow Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,500
Interest Rate
5.1%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 31, 1986
Bought by
Jts Rt
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 |
|---|---|---|---|
| Abarca Dayanna J | $700,000 | None Available | |
| Bay Flow Llc | $425,000 | None Available | |
| Jts Rt | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Abarca Dayanna J | $700,000 | |
| Previous Owner | Bay Flow Llc | $480,500 | |
| Previous Owner | Jts Rt | $35,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/30/2022 12/30/22 | Sold | $700,000 | +12.0% | $225 / Sq Ft |
| 11/17/2022 11/17/22 | Pending | -- | -- | -- |
| 11/11/2022 11/11/22 | For Sale | $624,900 | 0.0% | $201 / Sq Ft |
| 08/31/2022 08/31/22 | Pending | -- | -- | -- |
| 08/24/2022 08/24/22 | For Sale | $624,900 | -- | $201 / 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 | $5,918 | $672,500 | $101,900 | $570,600 |
| 2024 | $6,060 | $655,100 | $110,300 | $544,800 |
| 2023 | $6,058 | $596,300 | $102,300 | $494,000 |
| 2022 | $5,753 | $502,900 | $92,700 | $410,200 |
| 2021 | $5,026 | $409,600 | $92,700 | $316,900 |
| 2020 | $4,833 | $388,800 | $87,900 | $300,900 |
| 2019 | $4,595 | $335,900 | $73,100 | $262,800 |
| 2018 | $4,306 | $300,700 | $69,200 | $231,500 |
| 2017 | $3,849 | $250,900 | $65,400 | $185,500 |
| 2016 | $3,750 | $241,800 | $53,800 | $188,000 |
| 2015 | $3,680 | $243,400 | $53,800 | $189,600 |
Source: Public Records
Agents Affiliated with this Home
-
Tyler Scaglione
-
P
Buyer's Agent in 2022
Patrick Ricot
Neighborhood Assistance
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73028981
APN: LAWR-000138-000000-000031
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.
Nearby Homes
- 629 Andover St
- 49 Bowdoin St Unit 51
- 91-93 Newton St
- 19 Front St
- 15 Beaconsfield St
- 54 Amherst St
- 13 Kingston St
- 8 Packard St
- 132-134 S Broadway
- 11 W Hawley St
- 33 Jefferson St
- 5 W Kenneth St
- 42 Beresford St
- 37 Tewksbury St Unit 39
- 24 Inman St Unit 32
- 82 S Broadway
- 34 Leeds Terrace
- 91 Farnham St
- 12 Merrimack View Ct
- 312 Water St Unit 36
- 505 Andover St Unit 507
- 497 Andover St Unit 499
- 497 Andover St
- 10 Amherst St
- 493 Andover St
- 491 Andover St
- 491 Andover St Unit 2
- 17 Amherst St
- 487 Andover St
- 487 Andover St Unit 1
- 489 Andover St Unit 2
- 12 Amherst St Unit 14
- 129-131 Bowdoin St
- 123 Bowdoin St Unit 125
- 138 Newton St
- 133 Bowdoin St Unit 135
- 483 Andover St Unit 485
- 134 Newton St
- 57 Clifton St
- 130 Newton St