NOT LISTED FOR SALE

71-7 Reservoir St Lawrence, MA 01841

Tower Hill Neighborhood

Estimated Value: $678,000 - $899,000

7 Beds
3 Baths
3,830 Sq Ft
$206/Sq Ft Est. Value

Last Sold December 30, 2016

Last sale price $420,000 $110 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $4,705/month

4 Days on Market

About This Home

As of December 2016

Upper Tower Hill- Excellent location directly across from the reservoir. Large 3 family in beautiful condition offer two spacious 6 room, 3 bedroom units, and then a very cool, open concept 4 room, 1 bedroom unit with vaulted ceilings, a gorgeous bath, and beautiful kitchen. 3rd floor also has a state-of-the-art super high efficiency boiler. This place is one of a kind, and has the added bonus of a 3 car garage, plus ample driveway parking!! Very close to the Methuen line and Rt 93. A perfect choice for the owner occupant or savvy investor.

Last Agent to Sell the Property

Matt McLennan

Century 21 McLennan & Company Listed on: 10/24/2016

Century 21 McLennan & Company

Last Buyer's Agent

Julie Chavez

Realty ONE Group Nest

Realty ONE Group Nest

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,912

Year Built

1910

Lot Details

0

Listing Details

  • Lot Description: Easements, Shared Drive, Level
  • Property Type: Multi-family
  • Other Agent: 2.00
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1910

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 16
  • Amenities: Public Transportation, Shopping, Walk/Jog Trails, Medical Facility, Highway Access, Public School, T-Station
  • Electric: Circuit Breakers
  • Energy: Insulated Windows
  • Flooring: Wood
  • Basement: Full
  • Total Levels: 3

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Shingles
  • Foundation: Fieldstone

Garage/Parking

  • Garage Spaces: 3
  • Parking: Off-Street
  • Parking Spaces: 6

Utilities

  • Hot Water: Natural Gas
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 3

Lot Info

  • Zoning: res

Multi Family

  • Total Bedrooms: 7
  • Total Floors: 4
  • Total Full Baths: 3
  • Total Levels: 4
  • Total Rms: 16
  • Total Rent_1: 4000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2016
Closed on
Dec 30, 2016
Sold by
Poliquin Kevin P
Bought by
Diaz Elvis F and Flete-Dediaz Glenny M
Seller's Agent
Matt McLennan
Century 21 McLennan & Company
Buyer's Agent
Julie Chavez
Realty ONE Group Nest
List Price
$409,900
Sold Price
$420,000
Premium/Discount to List
$10,100
2.46%
Current Estimated Value
$787,296

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$367,296
Avg. Annual Appreciation
7.31%
Original Mortgage
$399,000
Outstanding Balance
$327,110
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$460,186

Purchase Details

Closed on
Oct 30, 2009
Sold by
Erb Eric S and Erb Jessica M
Bought by
Poliquin Kevin P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,016
Interest Rate
5.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 1, 2008
Sold by
Hsbc Bank Usa
Bought by
Erb Eric S and Erb Jessica M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,600
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 1, 2007
Sold by
Garcia Evans E
Bought by
Hsbc Bank Usa

Purchase Details

Closed on
Apr 6, 2005
Sold by
Morency Robert E and Morency-Lenzin Judith Ann
Bought by
Garcia Evans

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
5.7%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Diaz Elvis F $420,000 --
Poliquin Kevin P $247,500 --
Erb Eric S $187,000 --
Hsbc Bank Usa $240,898 --
Garcia Evans $370,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Diaz Elvis F $399,000
Previous Owner Poliquin Kevin P $243,016
Previous Owner Erb Eric S $149,600
Previous Owner Garcia Evans $296,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2016 12/30/16 Sold $420,000 +2.5% $110 / Sq Ft
10/28/2016 10/28/16 Pending -- -- --
10/24/2016 10/24/16 For Sale $409,900 -- $107 / 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 $6,912 $785,500 $130,400 $655,100
2024 $6,748 $729,500 $126,000 $603,500
2023 $6,810 $670,300 $110,400 $559,900
2022 $6,149 $537,500 $102,500 $435,000
2021 $5,825 $474,700 $102,500 $372,200
2020 $5,487 $441,400 $86,900 $354,500
2019 $4,982 $364,200 $75,300 $288,900
2018 $4,988 $348,300 $71,900 $276,400
2017 $4,429 $288,700 $69,400 $219,300
2016 $4,416 $284,700 $49,300 $235,400
2015 $4,184 $276,700 $49,300 $227,400
Source: Public Records

Agents Affiliated with this Home

  • Matt McLennan

    Seller's Agent in 2016

    Matt McLennan

    Century 21 McLennan & Company

    (978) 660-3135

    153 Total Sales

    Matt McLennan
    Section Image

  • J

    Buyer's Agent in 2016

    Julie Chavez

    Realty ONE Group Nest

    (978) 687-8600

    2 in this area

    10 Total Sales

    Julie Chavez
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72085271

MLS Property Information Network (MLS PIN)

APN: LAWR-000209-000000-000012

Massachusetts Essex County Lawrence 01841 Tower Hill

71-7 Reservoir St, Lawrence, MA

Not Listed for Sale

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