NOT LISTED FOR SALE

57 Cypress Ave Unit 59 Lawrence, MA 01841

Tower Hill Neighborhood

Estimated Value: $689,683 - $823,000

6 Beds
2 Baths
2,942 Sq Ft
$259/Sq Ft Est. Value

Last Sold May 21, 2020

Last sale price $450,000 $153 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $4,641/month

3 Days on Market

About This Home

As of May 2020

OFFERS DUE SUNDAY 3/15 BY 8PM. Large 2 family home located conveniently to shopping, restaurants, major routes, highways and public transportation. Property features living room, family room, 3 bedrooms, 1 full bath on each floor. Driveway, 2 car garage with electric car plug and yard. Large attic ready for your renovations to add more living space. Large basement great for storage. Work station in the basement. 2nd floor has custom cabinets and stainless steel appliances. 1st floor has gleaming hardwood floors and updated bathroom.

Last Agent to Sell the Property

Betty Camilo

Century 21 North East Listed on: 03/13/2020

Century 21 North East

Last Buyer's Agent

Johnny Rivas

Realty One Group Nest

Realty One Group Nest

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,985

Year Built

  • Built in 1920

Lot Details

  • 8,276

Parking

  • 2 Car Garage

Flooring

  • Wood
  • Vinyl

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Water Holding Tank
  • Natural Gas Water Heater

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:0225 B:0000 L:0024

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,985

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.00
  • Year Built Description: Actual
  • List Price Per Sq Ft: 129.13
  • Comp Based On: Net Sale Price
  • Year Built: 1920
  • Lead Paint: Unknown
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1920

Interior Features

  • Flooring: Vinyl, Hardwood
  • Total Flrs: 3
  • No Bedrooms: 6
  • Total Brs: 6
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 14
  • Basement: Y
  • Basement Features: Full, Unfinished Basement
  • Main Lo: G61700
  • Main So: G61700
  • Estimated Sq Ft: 2942.00

Exterior Features

  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Wood
  • Exterior Features: Porch - Enclosed
  • Foundation: Concrete Block

Garage/Parking

  • Parking Feature: Paved Driveway
  • Parking Spaces: 6
  • Garage Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 60 Amps/Less
  • Hot Water: Natural Gas, Tank

Lot Info

  • Assessments: 255100.00
  • Acre: 0.19
  • Lot Size: 8400.00
  • Page: 206
  • Parcel Number: M:0225 B:0000 L:0024
  • Zoning: RES
  • Lot Description: Paved Drive

Multi Family

  • Total Levels: 2
  • Total Rms: 12
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 3171.00
  • Assessor Parcel Number: 4211817

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2020
Closed on
May 21, 2020
Sold by
Shugrue George A and Shugrue Diane R
Bought by
Alcantara Jose A
Seller's Agent
Betty Camilo
Century 21 North East
Buyer's Agent
Johnny Rivas
Realty One Group Nest
List Price
$379,900
Sold Price
$450,000
Premium/Discount to List
$70,100
18.45%
Current Estimated Value
$756,507

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$306,507
Avg. Annual Appreciation
9.72%

Purchase Details

Closed on
Aug 9, 1999
Sold by
Zangri Richard J and Zangri Donna L
Bought by
Shugrue George A and Shugrue Diane R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,000
Interest Rate
7.54%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Alcantara Jose A $450,000 None Available
Shugrue George A $141,275 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shugrue George A $110,000
Previous Owner Shugrue George A $113,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2020 05/21/20 Sold $450,000 +18.5% $153 / Sq Ft
03/16/2020 03/16/20 Pending -- -- --
03/13/2020 03/13/20 For Sale $379,900 -- $129 / 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 $5,985 $680,100 $145,000 $535,100
2024 $5,060 $547,000 $140,200 $406,800
2023 $5,205 $512,300 $122,800 $389,500
2022 $4,668 $408,000 $114,100 $293,900
2021 $3,443 $280,600 $114,100 $166,500
2020 $3,171 $255,100 $96,700 $158,400
2019 $3,074 $224,700 $83,700 $141,000
2018 $3,013 $210,400 $80,000 $130,400
2017 $2,829 $184,400 $77,200 $107,200
2016 $2,657 $171,300 $54,900 $116,400
2015 $2,530 $167,300 $54,900 $112,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72623075

MLS Property Information Network (MLS PIN)

APN: LAWR-000225-000000-000024