NOT LISTED FOR SALE

8 Allyn Terrace Unit 10 Lawrence, MA 01841

Arlington Neighborhood

Estimated Value: $734,000 - $845,000

8 Beds
3 Baths
3,345 Sq Ft
$240/Sq Ft Est. Value

Last Sold August 30, 2024

Last sale price $769,900 $230 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,716/month

10 Days on Market

Highlights

  • Medical Services
  • Property is near public transit
  • Living Room
  • Solar Power System
  • Wood Flooring
  • Shops

About This Home

As of August 2024

MULTIPLE OFFERS. Beautiful 2 family home that was built with quality construction and has had good maintenance over the years. The Clover Hill neighborhood is near Holy Family Hospital, CVS, and Rte 495. The Owners unit, on the 2nd and 3rd floors, features 5 large bedrooms and 2 baths, wood floors throughout, modernized kitchen and bath, laundry, tilt-in windows, marvelous sunlight and city views. The roof was replaced in 2023 when Solar Panels were installed. Big savings on electric costs. Most of the wiring and Elec Panels are new. The first floor apartment has 3 bedrooms, a modern kitchen and bath, hardwood floors, lots of space and many nice features and a new Boiler. Separate driveways, porches and entrances for the 2 units. There is a swimming pool in back and a portable garage structure. Fenced in yard with a green house. Nice big basement for storage with interior access and walk out access to the yard. If you need a big house, this is it! OFFER DEADLINE Wed. 6/5 @ 5pm.

Last Agent to Sell the Property

Mark Akmakjian

Hart Of New England Realty Listed on: 05/28/2024

Last Buyer's Agent

Milagros Castillo

Empire Real Estate™

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,910

Year Built

  • Built in 1905

Lot Details

  • 6,451

Parking

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

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,345 Sq Ft Home
  • Property has 2 Levels
  • Insulated Windows
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Parthum Elementary School
  • Lawrence High School

Utilities

  • 2 Heating Zones
  • Heating System Uses Natural Gas

Additional Features

  • Solar Power System
  • 6,451 Sq Ft Lot

Listing and Financial Details

  • Total Actual Rent $1,800
  • Rent includes unit 1(water)
  • Assessor Parcel Number M:0131 B:0000 L:0038,4206201

Community Details

Amenities

  • Medical Services
  • Shops

Additional Features

  • 2 Units
  • Net Operating Income $21,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,910

Year Built

Built in 1905

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1905
  • 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: 4

Interior Features

  • Flooring: Wood
  • Interior Amenities: Remodeled, Living Room, Dining Room, Kitchen, Family Room, Laundry Room
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Refrigerator
  • Total Bedrooms: 8
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full, Walk-Out Access, Interior Entry
  • Living Area: 3345
  • Spa YN: No
  • Stories Total: 4
  • Window Features: Insulated Windows
  • MAIN LO: BB4951
  • MAIN SO: BB3301

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • 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: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Heating: Natural Gas
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 2

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Medical Facility, Public School
  • Rent Includes: Unit 1(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:0131 B:0000 L:0038,4206201
  • Zoning: Res
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.15
  • Lot Size Sq Ft: 6451
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Green Features

  • Green Energy Generation: Solar

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 5910

Multi Family

  • Net Operating Income: 21600
  • Number Of Units Total: 2
  • Total Actual Rent: 1800
  • LEVELS 1: 2
  • Basement Included Sq Ft: No
  • LEASE 2: N
  • LEASE 1: Y

MLS Schools

  • High School: Lawrence High
  • Elementary School: Parthum

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2000
Sold by
Akmakjian Mark
Bought by
Prescott Alan G and Prescott Xiomara
Current Estimated Value
$802,573

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Outstanding Balance
$45,082
Interest Rate
8.4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$757,491
Source: Public Records

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
Prescott Alan G $150,000 --
Prescott Alan G $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prescott Alan G $50,000
Open Prescott Alan G $130,000
Closed Prescott Alan G $130,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2024 08/30/24 Sold $769,900 +1.3% $230 / Sq Ft
06/08/2024 06/08/24 Pending -- -- --
05/28/2024 05/28/24 For Sale $759,900 -- $227 / 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 $6,184 $702,700 $121,100 $581,600
2024 $5,910 $638,900 $127,200 $511,700
2023 $6,123 $602,700 $122,800 $479,900
2022 $5,858 $512,100 $115,800 $396,300
2021 $5,717 $465,900 $115,800 $350,100
2020 $5,025 $404,300 $96,500 $307,800
2019 $4,741 $346,600 $71,700 $274,900
2018 $4,557 $318,200 $65,000 $253,200
2017 $4,102 $267,400 $61,600 $205,800
2016 $3,857 $248,700 $48,100 $200,600
2015 $3,701 $244,800 $48,100 $196,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73243226

MLS Property Information Network (MLS PIN)

APN: LAWR-000131-000000-000038