NOT LISTED FOR SALE

8 Washington St Lawrence, MA 01841

Tower Hill Neighborhood

Estimated Value: $624,000 - $660,053

6 Beds
3 Baths
2,175 Sq Ft
$298/Sq Ft Est. Value

Last Sold October 29, 2018

Last sale price $350,000 $161 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $3,723/month

12 Days on Market

About This Home

As of October 2018

OWN THE BEST VALUE IN TOWN! ATTN: Investors & 1st Time Buyers! Move right in or rent this lovingly maintained, turnkey 2 family by Bourgoin Park offering flexibility with fabulous long-term tenants-at-will & a vacant 1st floor unit. A large, inviting entry foyer leads to 2 great apartments. The freshly painted first floor unit offers 2 large bedrooms with good closets, tall ceilings, lot of windows & natural light, laminate floors, a huge bathroom w/ hookups for washer/dryer, large living & dining rooms. The top unit occupies the 2nd & 3rd floors. 2nd floor offers a light-flooded living room and eat-in kitchen, 2 good size bedrooms, a full bathroom and laundry room. 3rd floor has a kitchenette area with sink, large walk-in closet, 2 ample sized bedrooms/flex space, skylight, and another 3/4 bathroom. Gas heat, separate gas and electric meters. Conveniently located near Downtown Lawrence, Market Basket, parks, major highways, laundromats, public transportation, private/public schools.

Last Agent to Sell the Property

Sarah Reddick Shimoff

Compass Listed on: 09/06/2018

Compass

Last Buyer's Agent

Juan Marte

Berkshire Hathaway HomeServices Verani Realty Methuen

Berkshire Hathaway HomeServices Verani Realty Methuen

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 2,614

Utilities

  • Water Holding Tank

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:0190 B:0000 L:0052

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

2,614 Sq Ft Lot

Listing Details

  • Property Type: Multi-family
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 154.02
  • Comp Based On: Net Sale Price
  • Year Built: 1900
  • Lead Paint: Certified Treated
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1900

Interior Features

  • Total Flrs: 3
  • No Bedrooms: 6
  • Total Brs: 6
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 13
  • Basement: Y
  • Basement Features: Full, Interior Access, Unfinished Basement
  • Main Lo: BB3282
  • Main So: AC1517
  • Estimated Sq Ft: 2175.00

Exterior Features

  • Exterior: Wood
  • Foundation: Concrete Block, Fieldstone

Garage/Parking

  • Parking Feature: Off-Street, Tandem, Stone/Gravel
  • Parking Spaces: 3

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Heat Zones: 2
  • Hot Water: Tank
  • Utility Connections: for Gas Range, Washer Hookup

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Laundromat, Highway Access, House of Worship, Private School, Public School

Lot Info

  • Assessments: 208900.00
  • Acre: 0.06
  • Lot Size: 2660.00
  • Page: 11
  • Parcel Number: M:0190 B:0000 L:0052
  • Lot Description: Level

Multi Family

  • Heat Units: 2
  • Total Levels: 3
  • Total Rent: 1600
  • Total Rms: 10
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 2991.00
  • Assessor Parcel Number: 4210399

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2018
Closed on
Oct 29, 2018
Sold by
Martinez Gloria
Bought by
Garcia Cristian M
Seller's Agent
Sarah Reddick Shimoff
Compass
Buyer's Agent
Juan Marte
Berkshire Hathaway HomeServices Verani Realty Methuen
List Price
$335,000
Sold Price
$350,000
Premium/Discount to List
$15,000
4.48%
Current Estimated Value
$648,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$298,013
Avg. Annual Appreciation
8.72%
Original Mortgage
$343,660
Outstanding Balance
$301,872
Interest Rate
4.75%
Mortgage Type
FHA
Estimated Equity
$346,141

Purchase Details

Closed on
Jun 24, 1998
Sold by
Martinez Luis J
Bought by
Martinez Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
7.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 23, 1995
Sold by
Fhlmc
Bought by
Martinez Luis J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,500
Interest Rate
7.82%
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
Garcia Cristian M $350,000 --
Martinez Gloria $40,000 --
Martinez Luis J $18,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Cristian M $343,660
Previous Owner Martinez Luis J $59,000
Previous Owner Martinez Luis J $36,000
Previous Owner Martinez Luis J $17,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2018 10/29/18 Sold $350,000 +4.5% $161 / Sq Ft
09/18/2018 09/18/18 Pending -- -- --
09/06/2018 09/06/18 For Sale $335,000 -- $154 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $4,655 $529,000 $93,100 $435,900
2024 $4,149 $448,500 $97,900 $350,600
2023 $4,408 $433,900 $94,500 $339,400
2022 $3,958 $346,000 $89,100 $256,900
2021 $3,874 $315,700 $89,100 $226,600
2020 $3,736 $300,600 $74,200 $226,400
2019 $3,238 $236,700 $55,200 $181,500
2018 $2,991 $208,900 $50,000 $158,900
2017 $2,812 $183,300 $47,400 $135,900
2016 $2,711 $174,800 $37,000 $137,800
2015 $2,602 $172,100 $37,000 $135,100
Source: Public Records

Agents Affiliated with this Home

  • J

    Buyer's Agent in 2018

    Juan Marte

    Berkshire Hathaway HomeServices Verani Realty Methuen

    (978) 397-1995

    6 in this area

    32 Total Sales

    Juan Marte
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72390180

MLS Property Information Network (MLS PIN)

APN: LAWR-000190-000000-000052

Massachusetts Essex County Lawrence 01841 Tower Hill

8 Washington St, Lawrence, MA

Not Listed for Sale

MultiFamily

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