61 Knox St Lawrence, MA 01841
Prospect Hill-Back Bay Neighborhood
6
Beds
3
Baths
2,763
Sq Ft
2,550
Sq Ft Lot
Highlights
- Property is near public transit
- Shops
- Fenced
- Park
- Coin Laundry
- Level Lot
About This Home
As of March 2025Turn-key multi-family investment at 61 Knox St, Lawrence! This spacious 3-unit property offers 6-7 bedrooms, 3 bathrooms, and 2,763 sq ft of living space, making it a prime income-generating asset. Featuring updated electrical, newer water heaters, and well-maintained furnaces, this property ensures lower maintenance costs for years to come. With long-term tenants and solid rental history, this property provides steady cash flow and great future potential. Located in an urban neighborhood close to schools, shopping, and major roadways, this property offers convenience and strong market demand. Includes 4 off-street parking spaces! A great opportunity for investors or owner-occupants looking to maximize rental income. Open house Friday 31st from 5pm-6:30pm, Saturday 1st from 12pm-2pm, Sunday 2nd From 10am-11:15am. OFFERS DUE ON MONDAY 3RD AT 5:00PM.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,293
Year Built
- Built in 1900
Lot Details
- 2,550 Sq Ft Lot
- Fenced
- Level Lot
Home Design
- 2,763 Sq Ft Home
- Block Foundation
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- 4 Car Parking Spaces
- Driveway
- Open Parking
Location
- Property is near public transit
- Property is near schools
Listing and Financial Details
- Assessor Parcel Number M:0131 B:0000 L:0050 1,4549941
Community Details
Overview
- 3 Units
- Property has 1 Level
Amenities
- Shops
- Coin Laundry
Recreation
- Park
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 4, 2021
Closed on
Mar 26, 2021
Sold by
Jaime Basilio
Bought by
Marcel Muthsous
Seller's Agent
Johan Lopez
Home Shop Properties, Inc.
Buyer's Agent
Johan Lopez
Home Shop Properties, Inc.
List Price
$499,000
Sold Price
$560,000
Premium/Discount to List
$61,000
12.22%
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
$254,953
Avg. Annual Appreciation
9.48%
Original Mortgage
$420,000
Interest Rate
2.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Listed on
Jan 4, 2011
Closed on
Apr 5, 2012
Sold by
Ortega Rhadames
Bought by
Jaime Basilio
Seller's Agent
Ana Maria Frias
Profile Realty, Inc.
Buyer's Agent
Johan Lopez
Home Shop Properties, Inc.
List Price
$249,900
Sold Price
$245,000
Premium/Discount to List
-$4,900
-1.96%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.64%
Original Mortgage
$238,789
Interest Rate
3.75%
Mortgage Type
FHA
Purchase Details
Closed on
Apr 15, 2011
Sold by
Ortega Rhadames
Bought by
Ortega Johanna
Purchase Details
Closed on
Feb 27, 2008
Sold by
Department Of Housing & Urban Dev
Bought by
Ortega Rhadames
Purchase Details
Closed on
Jan 16, 2007
Sold by
Wells Fargo Bk Na
Bought by
Department Of Housing & Urban Dev
Similar Homes in Lawrence, MA
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Not Resolvable | $560,000 | None Available | |
| Not Resolvable | $245,000 | -- | |
| Quit Claim Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | $112,000 | -- | |
| Deed | $112,000 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $814,966 | FHA | |
| Closed | $814,966 | FHA | |
| Closed | $420,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $238,789 | FHA | |
| Previous Owner | $0 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/14/2025 03/14/25 | Sold | $830,000 | +3.8% | $300 / Sq Ft |
| 02/04/2025 02/04/25 | Pending | -- | -- | -- |
| 01/28/2025 01/28/25 | For Sale | $799,900 | +42.8% | $290 / Sq Ft |
| 03/26/2021 03/26/21 | Sold | $560,000 | +12.2% | $203 / Sq Ft |
| 02/08/2021 02/08/21 | Pending | -- | -- | -- |
| 02/04/2021 02/04/21 | For Sale | $499,000 | +103.7% | $181 / Sq Ft |
| 04/05/2012 04/05/12 | Sold | $245,000 | -2.0% | $89 / Sq Ft |
| 03/06/2012 03/06/12 | Pending | -- | -- | -- |
| 01/04/2011 01/04/11 | For Sale | $249,900 | -- | $90 / 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 | $5,504 | $625,500 | $110,300 | $515,200 |
| 2024 | $5,293 | $572,200 | $81,500 | $490,700 |
| 2023 | $5,419 | $533,400 | $79,500 | $453,900 |
| 2022 | $5,215 | $455,900 | $79,500 | $376,400 |
| 2021 | $4,893 | $398,800 | $79,500 | $319,300 |
| 2020 | $4,832 | $388,700 | $71,500 | $317,200 |
| 2019 | $4,264 | $311,700 | $64,300 | $247,400 |
| 2018 | $4,001 | $279,400 | $55,300 | $224,100 |
| 2017 | $3,651 | $238,000 | $54,600 | $183,400 |
| 2016 | $3,364 | $216,900 | $39,900 | $177,000 |
| 2015 | $3,095 | $204,700 | $39,900 | $164,800 |
Source: Public Records
Agents Affiliated with this Home
-
E
Seller's Agent in 2025
Eridania Reyes
View Real Estate Group
-
J
Buyer's Agent in 2025
Johanny Ulloa
View Real Estate Group
-
J
Seller's Agent in 2021
Johan Lopez
Home Shop Properties, Inc.
-
A
Seller's Agent in 2012
Ana Maria Frias
Profile Realty, Inc.
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73329964
APN: LAWR-000131-000000-000050-000001-000001
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.
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