NOT LISTED FOR SALE

Estimated Value: $589,106 - $781,000

5 Beds
3 Baths
2,900 Sq Ft
$232/Sq Ft Est. Value

Last Sold July 23, 2024

Last sale price $735,000 $253 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $3,945/month

5 Days on Market

Highlights

  • Property is near public transit
  • Porch
  • Fenced
  • Corner Lot
  • Tile Flooring
  • 4-minute walk to Lawrence Riverfront State Park

About This Home

As of July 2024

This multi-family home in South Lawrence is a fantastic opportunity for both owner-occupants and investors. The property features a new roof that is less than a year old, ensuring durability and peace of mind. Unit one offers 2 great sized bedrooms and additional space ideal for a home office. Unit two offers 3 bedrooms, 2 full bathrooms. The basement also holds great potential for additional living space or storage. This property is a must-see for anyone looking to invest in a versatile and promising real estate opportunity.

Last Agent to Sell the Property

Eugene Diaz

Coldwell Banker Realty - Lynnfield Listed on: 06/12/2024

Coldwell Banker Realty - Lynnfield

Last Buyer's Agent

Juan Concepcion

Realty ONE Group Nest

Realty ONE Group Nest

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,725

Year Built

  • Built in 1915

Lot Details

  • 3,797 Sq Ft Lot
  • Fenced
  • Corner Lot
  • Irregular Lot

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,900 Sq Ft Home
  • Property has 1 Level
  • Tile Flooring
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Parking

  • 5 Car Parking Spaces
  • Off-Street Parking

Additional Features

  • Porch
  • Property is near public transit

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number M:0140 B:0000 L:0046 1,1978250

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,725

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1915
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Tile
  • Fireplace YN: No
  • Total Bedrooms: 5
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full, Partially Finished
  • Living Area: 2900
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: M59500
  • MAIN SO: AN6420

Exterior Features

  • Construction Materials: Frame
  • Fencing: Fenced
  • Foundation Details: Irregular
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Range
  • Electric: Circuit Breakers
  • Water Source: Public
  • Hot Water: Natural Gas, Tank

Condo/Co-op/Association

  • Community Features: Public Transportation
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:0140 B:0000 L:0046 1,1978250
  • Zoning: Na
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.09
  • Lot Size Sq Ft: 3797
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 4725

Multi Family

  • Number Of Units Total: 2
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: N
  • LEASE 1: N

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 23, 2011
Sold by
Peguero Francisco A
Bought by
Lopez Pedro M
Current Estimated Value
$672,527

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,563
Outstanding Balance
$117,821
Interest Rate
4.75%
Mortgage Type
FHA
Estimated Equity
$554,706

Purchase Details

Closed on
Sep 1, 2006
Sold by
Soto Hector
Bought by
Peguero Francisco A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
6.83%
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
Lopez Pedro M $175,000 --
Lopez Pedro M $175,000 --
Peguero Francisco A $290,000 --
Peguero Francisco A $290,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Pedro M $170,563
Closed Peguero Francisco A $170,563
Previous Owner Peguero Francisco A $232,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/23/2024 07/23/24 Sold $735,000 +0.7% $253 / Sq Ft
06/18/2024 06/18/24 Pending -- -- --
06/12/2024 06/12/24 For Sale $730,000 +67.9% $252 / Sq Ft
11/26/2019 11/26/19 Sold $434,900 0.0% $157 / Sq Ft View Prior Sale
10/07/2019 10/07/19 Pending -- -- --
08/29/2019 08/29/19 For Sale $434,900 -- $157 / 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 $4,846 $550,700 $94,500 $456,200
2024 $4,725 $510,800 $102,300 $408,500
2023 $4,589 $451,700 $94,900 $356,800
2022 $4,269 $373,200 $86,000 $287,200
2021 $4,164 $339,400 $86,000 $253,400
2020 $3,617 $291,000 $81,500 $209,500
2019 $3,613 $264,100 $67,700 $196,400
2018 $3,312 $231,300 $64,100 $167,200
2017 $3,079 $200,700 $60,600 $140,100
2016 $2,998 $193,300 $49,900 $143,400
2015 $2,941 $194,500 $49,900 $144,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73251188

MLS Property Information Network (MLS PIN)

APN: LAWR-000140-000000-000046-000001-000001