NOT LISTED FOR SALE

74 Berkeley St Lawrence, MA 01841

Arlington Neighborhood

Estimated Value: $772,000 - $875,000

5 Beds
3 Baths
3,626 Sq Ft
$226/Sq Ft Est. Value

Last Sold February 20, 2024

Last sale price $707,000 $195 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,814/month

5 Days on Market

Highlights

  • Granite Flooring
  • Property is near public transit
  • Shops
  • Deck
  • Porch
  • 1 Car Garage

About This Home

As of February 2024

Opportunity knocks! This spacious 3 unit multi family home offers 5 bedrooms and 3 full baths! Enter the front door and into a foyer with stairs leading to the second level and a hallway that leads you to the first unit. 1st and 2nd floors consist of a Living room with a family room and bedroom off of it. The kitchen is a dine in kitchen with a dining room and bedroom off of it as well as storage and pantry. The third unit on level 3 has an eat in kitchen, living room, bedroom, bath and storage room. Porch for unit 1 and 2. Fenced in backyard, off street parking for unit 2. Updates per seller include: New furnace installed for the first floor on 11/8/2023. Replaced walls and ceiling in 1st floor bedroom off the living room. Made improvements to 2nd floor outdoor porch. Fixed floor, ceiling and railings. Come and see the potential today!

Last Agent to Sell the Property

Sandra Perry

Lamacchia Realty, Inc. Listed on: 12/06/2023

Lamacchia Realty, Inc.

Last Buyer's Agent

Michelle Fermin

Century 21 North East

Century 21 North East

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,341

Year Built

  • Built in 1900

Lot Details

  • 6,701 Sq Ft Lot
  • Fenced

Parking

  • 1 Car Garage
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Triplex
  • Stone Foundation
  • Shingle Roof

Interior Spaces

  • 3,626 Sq Ft Home
  • Window Screens
  • Insulated Doors

Flooring

  • Wood
  • Granite
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Interior Basement Entry
  • Block Basement Construction

Eco-Friendly Details

  • Energy-Efficient Thermostat

Outdoor Features

  • Deck
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • No Cooling
  • 6 Heating Zones
  • Heating Available
  • 200+ Amp Service

Listing and Financial Details

  • Total Actual Rent $2,550
  • Tax Lot 0011
  • Assessor Parcel Number M:0111 B:0000 L:0011,4204695

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Additional Features

  • Shops
  • Net Operating Income $30,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,341

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Year Built: 1900
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 6

Interior Features

  • Flooring: Tile,Vinyl,Hardwood, Unit 1(undefined), Unit 2(Tile Floor,Hardwood Floors,Stone/Ceramic Tile Floor), Unit 3(Hardwood Floors)
  • Interior Amenities: Unit 1(Pantry,Storage,Bathroom With Tub), Unit 2(Pantry,Storage,Bathroom With Tub), Unit 3(Storage,Bathroom With Tub), Unit 1 Rooms(Living Room,Dining Room,Kitchen,Family Room), Unit 2 Rooms(Living Room,Dining Room,Kitchen,Family Room), Unit 3 Rooms(Living Room,Kitchen)
  • Door Features: Insulated Doors
  • Fireplace YN: No
  • Appliances: Unit 2(Range,Refrigerator), Unit 3(Range,Refrigerator)
  • Total Bedrooms: 5
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Walk-Out Access, Interior Entry, Concrete, Unfinished
  • Living Area: 3626
  • Spa YN: No
  • Stories Total: 6
  • Window Features: Screens
  • MAIN LO: AN2314
  • MAIN SO: AN4339

Exterior Features

  • Exterior Features: Porch,Deck - Wood,Deck - Composite,Screens,Fenced Yard, Unit 1 Balcony/Deck, Unit 2 Balcony/Deck
  • Construction Materials: Conventional (2x4-2x6)
  • Fencing: Fenced
  • Foundation Details: Stone, Granite
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Deck - Wood, Deck - Composite
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Unit 1(None), Unit 2(None), Unit 3(None)
  • Heating: Unit 1(Hot Water Radiators,Steam,Gas), Unit 2(Hot Water Radiators,Steam,Gas), Unit 3(Electric Baseboard)
  • Cooling Y N: No
  • Electric: 200+ Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 6
  • COOLING ZONES: 0
  • Hot Water: Natural Gas, Electric, Tank

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Highway Access, Public School
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:0111 B:0000 L:0011,4204695
  • Zoning: R
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.15
  • Lot Size Sq Ft: 6701
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Green Features

  • Green Energy Efficient: Thermostat, Varies per Unit

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6341
  • Tax Block: 0000
  • Tax Lot: 0011

Multi Family

  • Net Operating Income: 30600
  • Number Of Units Total: 3
  • Total Actual Rent: 2550
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 7, 1986
Bought by
Winward Albert and Lambert Shirley
Current Estimated Value
$818,717
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Winward Albert -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Winward Albert $99,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/20/2024 02/20/24 Sold $707,000 +1.0% $195 / Sq Ft
12/12/2023 12/12/23 Pending -- -- --
12/06/2023 12/06/23 For Sale $699,900 -- $193 / 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 $6,238 $708,900 $146,700 $562,200
2024 $6,186 $668,800 $108,500 $560,300
2023 $6,341 $624,100 $105,800 $518,300
2022 $6,083 $531,700 $105,800 $425,900
2021 $5,730 $467,000 $105,800 $361,200
2020 $5,643 $454,000 $95,200 $358,800
2019 $5,248 $383,600 $85,500 $298,100
2018 $4,920 $343,600 $73,500 $270,100
2017 $4,504 $293,600 $72,700 $220,900
2016 $4,130 $266,300 $53,000 $213,300
2015 $3,804 $251,600 $53,000 $198,600
Source: Public Records

Agents Affiliated with this Home

  • Sandra Perry

    Seller's Agent in 2024

    Sandra Perry

    Lamacchia Realty, Inc.

    (978) 273-0601

    1 in this area

    54 Total Sales

    Sandra Perry
    Section Image
  • Michelle Fermin

    Buyer's Agent in 2024

    Michelle Fermin

    Century 21 North East

    (978) 423-6545

    50 in this area

    1,135 Total Sales

    Michelle Fermin
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73185356

MLS Property Information Network (MLS PIN)

APN: LAWR-000111-000000-000011

Massachusetts Essex County Lawrence 01841 Arlington

74 Berkeley St, Lawrence, MA

Not Listed for Sale

MultiFamily

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