NOT LISTED FOR SALE
4 Beds
4 Baths
3,384 Sq Ft
0.3 Acre Lot

Sale Details

Date Sold: April 29, 2021

Last sale price $615,000 $182 Per Sq Ft

6 Days on Market

Highlights

  • Covered Deck
  • Fenced Yard
  • Enclosed Patio or Porch
  • Wood Flooring
  • Balcony
  • 4-minute walk to Stockton Park

About This Home

As of April 2021

Investors take notice - This South Lawrence, MA. 4-unit multi-family wont last long. Great location! This property boasts a large lot with 10+ paved off street parking spaces along with a 3 bay detached garage. A mixture of the new and the old with many upgrades throughout the years! Commuters will have easy access to highways, bus, and train stops. Great walking distance to nearby stores and the local schools and parks. Underutilized larger lot allows for additions and expansions. Opportunities to increase rents with updates and/or including the covered parking spaces for tenants use. Current rents are below market value for apartments condition Current annual rental income is approx. $51,500 before taxes and other operating expenses. Roof only 10 years, new water heaters, oil tanks and other operating systems. Showings to begin at the open house Saturday 3/20, 11am –1pm and Sunday 3/21, 11am–12pm. *Appointments required. Offers due by Monday 3/22 by 5pm.

Last Agent to Sell the Property

Michael Giannone

The Aland Realty Group LLC Listed on: 03/18/2021

The Aland Realty Group LLC

Co-Listed By

Scott Rome

Compass

Last Buyer's Agent

Eugene Clark

C&M Signature Property Group

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

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 0.3

Parking

  • 3 Car Garage

Outdoor Features

  • Balcony
  • Covered Deck
  • Enclosed Patio or Porch

Additional Features

  • Wood Flooring
  • Fenced Yard
  • Oil Water Heater
  • Basement

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0.3 Acres

Parking

3

Listing Details

  • Property Type: Multi-family
  • Other Agent: 1.00
  • Sub-Agency Relationship Offered: Yes
  • Year Built Description: Approximate, Renovated Since
  • List Price Per Sq Ft: 171.37
  • Comp Based On: Net Sale Price
  • Year Built: 1900
  • Lead Paint: Certified Treated, Unknown
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Fireplaces: 2
  • Flooring: Wood, Hardwood
  • Total Flrs: 6
  • Total Frplcs: 2
  • No Bedrooms: 4
  • Total Brs: 4
  • Full Bathrooms: 4
  • Total Fbh: 4
  • No Rooms: 16
  • Basement: Y
  • Basement Features: Full, Concrete Floor, Unfinished Basement, Exterior Access
  • Main Lo: AN4560
  • Main So: AC0770
  • Estimated Sq Ft: 3384.00

Exterior Features

  • Construction: Frame, Stone/Concrete, Timber Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Porch, Porch - Enclosed, Deck, Deck - Wood, Patio, Covered Patio/Deck, Balcony, Fenced Yard
  • Foundation: Fieldstone

Garage/Parking

  • Parking Feature: Off-Street, Rented, Common, Guest, Improved Driveway, Stone/Gravel, Paved Driveway
  • Parking Spaces: 10
  • Garage Spaces: 3

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water, Individual Meter
  • Electric Features: 110 Volts, 220 Volts, Circuit Breakers, 200 Amps
  • Heat Zones: 4
  • Hot Water: Oil, Electric
  • Utility Connections: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup

Condo/Co-op/Association

  • Amenities: Public Transportation, Park, Highway Access, Public School

Lot Info

  • Assessments: 367500.00
  • Acre: 0.30
  • Lot Size: 13068.00
  • Page: 62
  • Zoning: R2 111M
  • Lot Description: Paved Drive

Green Features

  • Energy Features: Partial

Multi Family

  • Heat Units: 4
  • Total Levels: 4
  • Total Rent: 4290
  • Total Rms: 16
  • No Units: 4
  • Mf Type: 4 Family

Tax Info

  • Taxes: 4568.03
  • Tax Year: 2021

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2021
Closed on
May 27, 2021
Sold by
Bought by
Seller's Agent
Michael Giannone
The Aland Realty Group LLC
Buyer's Agent
Eugene Clark
C&M Signature Property Group
List Price
$579,900
Sold Price
$615,000
Premium/Discount to List
$35,100
6.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$461,250
Outstanding Balance
$409,161
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 4, 1992
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in South Common, MA

See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$615,000 None Available
$60,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $461,250
Previous Owner $132,000
Previous Owner $125,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/29/2021 04/29/21 Sold $615,000 +6.1% $182 / Sq Ft
03/24/2021 03/24/21 Pending -- -- --
03/18/2021 03/18/21 For Sale $579,900 -- $171 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,761 $654,700 $136,500 $518,200
2024 $5,329 $576,100 $147,700 $428,400
2023 $5,144 $506,300 $137,000 $369,300
2022 $5,098 $445,600 $124,100 $321,500
2021 $4,745 $386,700 $124,100 $262,600
2020 $4,568 $367,500 $117,700 $249,800
2019 $4,706 $344,000 $99,000 $245,000
2018 $4,365 $304,800 $93,800 $211,000
2017 $4,214 $274,700 $88,600 $186,100
2016 $3,777 $243,500 $72,900 $170,600
2015 $3,689 $244,000 $72,900 $171,100
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72800647

MLS Property Information Network (MLS PIN)

APN: LAWR M:0079 B:0000 L:0103

Your Personal Tour Guide

Ask me questions while you tour the home.