NOT LISTED FOR SALE

70 Congress St Unit 72 Lawrence, MA 01841

Tower Hill Neighborhood

Estimated Value: $664,419 - $854,000

6 Beds
2 Baths
2,796 Sq Ft
$272/Sq Ft Est. Value

Last Sold June 30, 2021

Last sale price $560,000 $200 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $4,710/month

5 Days on Market

About This Home

As of June 2021

Easy care living awaits in these two light-filled owner occupied units offering a wide range of buyers the chance to secure not only a home but a potential income. You can live in one while renting out the other to begin your property portfolio journey. Alternatively, you may want to accommodate a multigenerational family or perhaps lease both homes; the choice is all yours when it comes to this exciting opportunity. Both units have three good-sized bedrooms and an open-plan layout with plenty of natural light. Hardwood floors flow throughout the entire first floor and there are galley-style kitchens in each unit. Beautiful beamed doorways connect the living spaces and there are also feature ceilings that promise a home with charm and character .Extra features include ample off-street parking, vinyl siding, ceiling fans throughout, a grassed area and a great location close to everything you could need OPEN HOUSE SUNDAY 12-2PM ******ANY AND ALL OFFERS DUE 5/17/21 BY 7PM

Last Listed By

Gina Guerra-Pearson

Diamond Key Real Estate Listed on: 05/13/2021

Diamond Key Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,959

Year Built

  • Built in 1910

Lot Details

  • 7,405

Parking

  • 2 Car Garage

Flooring

  • Wood
  • Tile

Schools

  • Public High School

Utilities

  • Natural Gas Water Heater

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:0241 B:0000 L:0058

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,959

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-family
  • Other Agent: 1.00
  • Year Built Description: Actual
  • List Price Per Sq Ft: 178.83
  • Comp Based On: Net Sale Price
  • Year Built: 1910
  • Lead Paint: Unknown
  • Ife Common: Walk-Up Attic
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1910

Interior Features

  • Flooring: Wood, Tile, Varies Per Unit
  • Total Flrs: 3
  • No Bedrooms: 6
  • Total Brs: 6
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 12
  • Basement: Y
  • Basement Features: Full
  • Main Lo: F33001
  • Main So: AN4339
  • Estimated Sq Ft: 2796.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Foundation: Fieldstone
  • Foundation Size: 0000

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 10
  • Garage Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Individually Metered
  • Heat Zones: 2
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Laundromat, Highway Access

Schools

  • Elementary School: public
  • Middle School: public
  • High School: public

Lot Info

  • Assessments: 426500.00
  • Acre: 0.17
  • Lot Size: 7250.00
  • Page: 161
  • Parcel Number: M:0241 B:0000 L:0058
  • Zoning: RES
  • Lot Description: Paved Drive, Cleared

Green Features

  • Energy Features: Insulated Windows, Prog. Thermostat

Multi Family

  • Heat Units: 2
  • Total Levels: 2
  • Total Rms: 12
  • No Units: 2
  • Mf Type: 2 Family - 2 Units Up/Down

Tax Info

  • Taxes: 5233.00
  • Assessor Parcel Number: 4212536
  • Tax Year: 2021

MLS Schools

  • Grade School: public
  • High School: public
  • Middle School: public

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2021
Closed on
Jun 30, 2021
Sold by
Nichols Bonnie L
Bought by
Virgile Jean D and Laurejoire Myrlande
Seller's Agent
Gina Guerra-Pearson
Diamond Key Real Estate
Buyer's Agent
Michelle Fermin
Century 21 North East
List Price
$499,999
Sold Price
$560,000
Premium/Discount to List
$60,001
12%
Total Days on Market
5
Current Estimated Value
$759,855

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,855
Avg. Annual Appreciation
5.39%
Original Mortgage
$532,000
Outstanding Balance
$492,025
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$193,820

Purchase Details

Closed on
Sep 21, 2018
Sold by
Mcleod Allen F
Bought by
Nichols Bonnie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
4.5%
Mortgage Type
Credit Line Revolving

Range of Values:

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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
Virgile Jean D $560,000 None Available
Nichols Bonnie L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Virgile Jean D $532,000
Previous Owner Nichols Bonnie L $40,000
Previous Owner Nichols Bonnie $125,000
Previous Owner Mcleod Teresa $15,000
Previous Owner Mcleod Teresa $95,000
Previous Owner Mcleod Teresa $62,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2021 06/30/21 Sold $560,000 +12.0% $200 / Sq Ft
05/18/2021 05/18/21 Pending -- -- --
05/13/2021 05/13/21 For Sale $499,999 -- $179 / 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 $5,959 $677,200 $137,100 $540,100
2024 $5,847 $632,100 $132,500 $499,600
2023 $6,038 $594,300 $116,100 $478,200
2022 $5,356 $468,200 $107,900 $360,300
2021 $5,233 $426,500 $107,900 $318,600
2020 $4,901 $394,300 $91,400 $302,900
2019 $5,617 $410,600 $79,200 $331,400
2018 $5,457 $381,100 $75,600 $305,500
2017 $4,938 $321,900 $73,000 $248,900
2016 $5,016 $323,400 $51,900 $271,500
2015 $4,739 $313,400 $51,900 $261,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72830673

MLS Property Information Network (MLS PIN)

APN: LAWR-000241-000000-000058