NOT LISTED FOR SALE

57 Summit Ave Lawrence, MA 01841

Prospect Hill-Back Bay Neighborhood

Estimated Value: $621,000 - $857,000

6 Beds
2 Baths
2,844 Sq Ft
$259/Sq Ft Est. Value

About This Home

This home is located at 57 Summit Ave, Lawrence, MA 01841 and is currently estimated at $735,305, approximately $258 per square foot. 57 Summit Ave is a home located in Essex County with nearby schools including School For Exceptional Studies, Community Day Charter Public School - Gateway, and Esperanza Academy School of Hope.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 22, 1995
Sold by
Mccarthy Marilyn J
Bought by
Mears Michael B
Current Estimated Value
$735,305

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,182
Interest Rate
8.34%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

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First American

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Mears Michael B $73,000 --
Mears Michael B $73,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mears Michael B $78,000
Closed Mears Michael B $10,000
Closed Mears Michael B $58,182
Source: Public Records

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 $5,860 $665,900 $142,600 $523,300
2024 $5,360 $579,500 $123,400 $456,100
2023 $5,558 $547,000 $123,400 $423,600
2022 $4,857 $424,600 $110,100 $314,500
2021 $4,735 $385,900 $110,100 $275,800
2020 $4,602 $370,200 $108,400 $261,800
2019 $3,956 $289,200 $86,600 $202,600
2018 $3,723 $260,000 $82,600 $177,400
2017 $3,496 $227,900 $76,200 $151,700
2016 $3,235 $208,600 $68,100 $140,500
2015 $2,908 $192,300 $54,500 $137,800
Source: Public Records

Map

Massachusetts Essex County Lawrence 01841 Prospect Hill-Back Bay

57 Summit Ave, Lawrence, MA

Not Listed for Sale

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