$765,000 - $1,085,000
RENTED MAR 5, 2025

61 Lawrence St Unit 3 Salem, MA 01970

Castle Hill Neighborhood
2 Beds
1 Bath
950 Sq Ft
$945 Price per Sq Ft

About This Home

Discover this 2 bed, 1 bath apartment on the third floor at 61 Lawrence St. #3 Salem, MA. With its warm wide pine floors and eat-in kitchen, this apartment offers a blend of character and functionality. Perfectly situated near Salem State University, Horace Mann School, and Salem High School, this apartment offers easy access to educational institutions. Outdoor lovers will appreciate being minutes from Salem Greens Golf Course, the scenic Salem Woods Trail, and numerous nearby parks. Salem Hospital and other essential amenities are also just a short drive away. This property is available for a 12 month lease at $2,300/month, with the first month’s rent and a security deposit required. One off-street parking during snow emergency only. Washer/dryer hookups in the unit. Schedule your showing today.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 7, 2004
Sold by
Burton Betty J and Burton Raymond J
Bought by
Peguero Lorenzo
Current Estimated Value
$897,371

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$347,920
Interest Rate
5.69%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Peguero Lorenzo $434,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peguero Lorenzo $63,000
Open Burton Raymond $423,000
Closed Burton Raymond $347,920
Closed Burton Raymond $65,235
Previous Owner Burton Raymond $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2025 03/05/25 Rented $2,300 0.0% --
02/05/2025 02/05/25 Under Contract -- -- --
12/12/2024 12/12/24 For Rent $2,300 +64.3% --
12/06/2018 12/06/18 Rented $1,400 0.0% --
11/15/2018 11/15/18 For Rent $1,400 -- --

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 $8,497 $749,300 $198,800 $550,500
2024 $7,360 $633,400 $188,900 $444,500
2023 $7,139 $570,700 $174,400 $396,300
2022 $7,126 $537,800 $168,600 $369,200
2021 $6,843 $495,900 $156,900 $339,000
2020 $6,518 $451,100 $148,200 $302,900
2019 $6,470 $428,500 $140,700 $287,800
2018 $6,018 $391,300 $133,700 $257,600
2017 $5,635 $355,300 $112,800 $242,500
2016 $5,485 $350,000 $107,500 $242,500
2015 $5,348 $325,900 $98,800 $227,100
Source: Public Records

Agents Affiliated with this Home

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