NOT LISTED FOR SALE

548 Hampshire St Unit 550 Lawrence, MA 01841

Arlington Neighborhood

Estimated Value: $526,783 - $658,000

4 Beds
2 Baths
1,856 Sq Ft
$321/Sq Ft Est. Value

Last Sold September 01, 2021

Last sale price $480,000 $259 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,295/month

9 Days on Market

Highlights

  • Property is near public transit
  • Vinyl Flooring
  • 3-minute walk to Howard Playstead

About This Home

As of September 2021

Pride of ownership is shown in this Excellent opportunity for 1st time buyers. This well maintained 2 family home features, open concepted with updated Kitchen & bathroom, 4 off-street parking is a plus, close to hospitals and major shopping areas. Great starter home and more! Each units features 2 bedrooms, a living room, and a kitchen. Enjoy low electrical cost with Solar Panels

Last Agent to Sell the Property

Jefri Liriano

Liriano Realty Listed on: 07/19/2021

Last Buyer's Agent

Michelle Fermin

Century 21 North East

Century 21 North East

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,751

Year Built

  • Built in 1985

Lot Details

  • 3,049

Home Design

  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,856 Sq Ft Home
  • Property has 1 Level
  • Vinyl Flooring
  • Washer Hookup

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Utilities

  • Separate Meters
  • 100 Amp Service
  • Natural Gas Connected
  • Gas Water Heater

Additional Features

  • 3,049 Sq Ft Lot
  • Property is near public transit

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number M:0173 B:0000 L:0036,4209331

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,751

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1985
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Vinyl,Varies Per Unit
  • Fireplace YN: No
  • Appliances: Gas Water Heater,Tank Water Heater, Utility Connections for Gas Range
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Laundry Features: Washer Hookup
  • Living Area: 1856
  • Stories Total: 3
  • MAIN LO: G95022
  • MAIN SO: AN4339

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, Washer Hookup
  • Electric: Circuit Breakers, 100 Amp Service, Individually Metered
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Sidewalks

Lot Info

  • Parcel Number: M:0173 B:0000 L:0036,4209331
  • Zoning: RESI
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.07
  • Lot Size Sq Ft: 3049.2
  • Lot Size Units: Acres
  • LOT SIZE: 3200

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3751

Multi Family

  • Number Of Units Total: 2
  • LEVELS 1: 1
  • LEASE 2: N
  • LEASE 1: N

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2021
Closed on
Sep 1, 2021
Sold by
Gil Cesar J
Bought by
Delacruz Joel A and Medina Anthony E
Seller's Agent
Jefri Liriano
Liriano Realty
Buyer's Agent
Michelle Fermin
Century 21 North East
List Price
$459,333
Sold Price
$480,000
Premium/Discount to List
$20,667
4.5%
Current Estimated Value
$561,421

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,421
Avg. Annual Appreciation
5.20%
Original Mortgage
$441,849
Outstanding Balance
$401,450
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$194,246

Purchase Details

Closed on
Oct 28, 2009
Sold by
Colon Roberto
Bought by
Gil Cesar J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,152
Interest Rate
5.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 25, 2006
Sold by
Cabrera Ana D
Bought by
Colon Roberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,200
Interest Rate
6.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 24, 2001
Sold by
Farfan Alexandra
Bought by
Cabrera Ana D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,377
Interest Rate
6.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 24, 1997
Sold by
Collective Bank
Bought by
Faarfan Alexandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000
Interest Rate
7.7%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Delacruz Joel A $490,000 None Available
Gil Cesar J $102,000 --
Colon Roberto $234,000 --
Cabrera Ana D $105,000 --
Faarfan Alexandra $52,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Delacruz Joel A $441,849
Previous Owner Faarfan Alexandra $142,500
Previous Owner Gil Cesar J $100,152
Previous Owner Colon Roberto $187,200
Previous Owner Faarfan Alexandra $103,377
Previous Owner Faarfan Alexandra $1,000
Previous Owner Faarfan Alexandra $124,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/01/2021 09/01/21 Sold $480,000 +4.5% $259 / Sq Ft
07/29/2021 07/29/21 Pending -- -- --
07/19/2021 07/19/21 For Sale $459,333 -- $247 / 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 $4,107 $466,700 $97,500 $369,200
2024 $3,989 $431,200 $102,400 $328,800
2023 $4,239 $417,200 $98,900 $318,300
2022 $3,822 $334,100 $93,200 $240,900
2021 $3,751 $305,700 $93,200 $212,500
2020 $3,606 $290,100 $77,700 $212,400
2019 $3,638 $265,900 $57,800 $208,100
2018 $3,357 $234,400 $52,300 $182,100
2017 $3,020 $196,900 $49,600 $147,300
2016 $2,917 $188,100 $38,700 $149,400
2015 $2,799 $185,100 $38,700 $146,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72868115

MLS Property Information Network (MLS PIN)

APN: LAWR-000173-000000-000036