NOT LISTED FOR SALE

85-87 Belknap St Lawrence, MA 01843

South West Neighborhood

Estimated Value: $604,000 - $766,000

4 Beds
4 Baths
2,074 Sq Ft
$323/Sq Ft Est. Value

Last Sold November 03, 2020

Last sale price $425,000 $205 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $3,972/month

26 Days on Market

About This Home

As of November 2020

Nice duplex in South Lawrence. Bright, exquisite, 2 bdrm., 1 and 1/2 bathrooms each unit. Living room opens to kitchen and dining area. Two spacious bedrooms upstairs and a full bathroom. Fenced backyard. This is a great opportunity for an owner-occupied investment. Enjoy living in one unit and collecting $1800 of monthly income from the second unit, which would cover the mortgage. This home is convenient to restaurants, shopping areas, I-495 and I-93. There is plenty of off street parking. Investors, here is a great opportunity to own this multi-family home. Rent out both units for a steady stream of $43,000 annually.

Last Agent to Sell the Property

Alina Chamberlain

Doherty Properties Listed on: 07/11/2020

Last Buyer's Agent

Sharon Cronin

Gibson Sotheby's International Realty

Gibson Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,883

Year Built

  • Built in 1970

Lot Details

  • 9,583

Flooring

  • Wood Flooring

Listing and Financial Details

  • Assessor Parcel Number M:0160 B:0000 L:0072

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,883

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 1.00
  • Year Built Description: Actual
  • List Price Per Sq Ft: 192.82
  • Comp Based On: Net Sale Price
  • Year Built: 1970
  • Lead Paint: Unknown
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1970

Interior Features

  • Flooring: Wood
  • Total Flrs: 2
  • No Bedrooms: 4
  • Total Brs: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Fbh: 2
  • Total Hbh: 2
  • No Rooms: 8
  • Main Lo: AN6181
  • Main So: C95039
  • Estimated Sq Ft: 2074.00

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete

Garage/Parking

  • Parking Spaces: 8

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Utility Connections: for Electric Range

Lot Info

  • Assessments: 294200.00
  • Acre: 0.22
  • Lot Size: 9402.00
  • Page: 267
  • Parcel Number: M:0160 B:0000 L:0072
  • Zoning: R2
  • Lot Description: Paved Drive

Multi Family

  • Total Levels: 4
  • Total Rent: 1800
  • Total Rms: 8
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 3657.00
  • Assessor Parcel Number: 4208222
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2020
Closed on
Sep 16, 2020
Sold by
Apache Leyla A
Bought by
Rodrigues-Maforte Weslley and Maforte Rebecca C
Seller's Agent
Alina Chamberlain
Doherty Properties
Buyer's Agent
Sharon Cronin
Gibson Sotheby's International Realty
List Price
$399,900
Sold Price
$425,000
Premium/Discount to List
$25,100
6.28%
Current Estimated Value
$669,765

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,765
Avg. Annual Appreciation
9.66%
Original Mortgage
$417,302
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 4, 2017
Closed on
Apr 7, 2017
Sold by
Mejia Sujey A
Bought by
Apache Leyla A
Seller's Agent
Miguel Sanchez
Weichert Realtors' Daher Companies
Buyer's Agent
Salustia Ortiz
Dreamcatcher Investment Group, Inc.
List Price
$291,500
Sold Price
$291,000
Premium/Discount to List
-$500
-0.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.16%
Original Mortgage
$285,729
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 22, 2009
Sold by
87 Belknap Realty Llc
Bought by
Mejia Sujey A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,812
Interest Rate
4.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 6, 2008
Sold by
Self Sherry
Bought by
87 Belknap Realty Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 18, 2000
Sold by
Chingros Joseph J and Chingros Catherine D
Bought by
Self Sherry L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
8.13%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Rodrigues-Maforte Weslley $425,000 None Available
Apache Leyla A $291,000 --
Mejia Sujey A $176,000 --
87 Belknap Realty Llc $100,000 --
Self Sherry L $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rodrigues-Maforte Weslley $417,302
Previous Owner Apache Leyla A $285,729
Previous Owner Mejia Sujey A $172,812
Previous Owner 87 Belknap Realty Llc $100,000
Previous Owner Self Sherry L $116,250
Previous Owner Self Sherry L $84,000
Previous Owner Self Sherry L $73,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/03/2020 11/03/20 Sold $425,000 +6.3% $205 / Sq Ft
08/06/2020 08/06/20 Pending -- -- --
07/11/2020 07/11/20 For Sale $399,900 +37.4% $193 / Sq Ft
04/07/2017 04/07/17 Sold $291,000 -0.2% $140 / Sq Ft View Prior Sale
02/08/2017 02/08/17 Pending -- -- --
01/04/2017 01/04/17 For Sale $291,500 -- $141 / 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 $4,883 $554,900 $182,300 $372,600
2024 $4,283 $463,000 $144,800 $318,200
2023 $4,200 $413,400 $144,800 $268,600
2022 $4,162 $363,800 $143,800 $220,000
2021 $4,142 $337,600 $141,800 $195,800
2020 $3,657 $294,200 $124,600 $169,600
2019 $3,624 $264,900 $105,200 $159,700
2018 $3,278 $228,900 $100,300 $128,600
2017 $3,263 $212,700 $94,500 $118,200
2016 $3,125 $201,500 $80,900 $120,600
2015 $3,010 $199,100 $80,900 $118,200
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2020

    Alina Chamberlain

    Doherty Properties

    Section Image
  • Sharon Cronin

    Buyer's Agent in 2020

    Sharon Cronin

    Gibson Sotheby's International Realty

    1 in this area

    115 Total Sales

    Sharon Cronin
    Section Image

  • M

    Seller's Agent in 2017

    Miguel Sanchez

    Weichert Realtors' Daher Companies

    Section Image

  • S

    Buyer's Agent in 2017

    Salustia Ortiz

    Dreamcatcher Investment Group, Inc.

    (508) 369-6462

    50 Total Sales

    Salustia Ortiz
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72689442

MLS Property Information Network (MLS PIN)

APN: LAWR-000160-000000-000072

Massachusetts Essex County Lawrence 01843 South West

85-87 Belknap St, Lawrence, MA

This home is located at 85-87 Belknap St, Lawrence, MA 01843 since 11 July 2020 and is currently estimated at $669,765, approximately $322 per square foot. This property was built in 1970. 85-87 Belknap St is a home located in Essex County with nearby schools including John Breen School, Emily G. Wetherbee School (K-8), and School For Exceptional Studies.

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MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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