Seller's Agent in 2021
Olivares & Molina Team
Realty One Group Nest
(978) 326-9200
6 in this area
371 Total Sales
91 Newbury St Unit 95 Lawrence, MA 01841
North Common NeighborhoodEstimated Value: $2,152,181
23
Beds
11
Baths
13,029
Sq Ft
$165/Sq Ft
Est. Value
About This Home
As of July 2021Absolute gem of an investment! Welcome to this turn key building that was completed gutted to the studs approx. 7 years ago, fully restored and fully tenanted! One of kind building featuring 9 residential units and 2 commercial units! Building went through extensive updating to include new siding, windows, roof, new walls, plumbing, electrical, forced hot air by gas heating units in all residential units, coin operated laundry areas, split units in commercial units, hardwood floors, ceramic tiling as well as granite counters and upgraded cabinetry in all kitchens. Building features long term tenants throughout! Building consist of 6 units of three bedrooms, 2 units of two bedroom and one unit of a 1 bedroom apartment along with 2 commercial units. Building located within distance to downtown Lawrence and close proximity to Campagnone Common Park. The time is now and this building is ready for you to add to your investment portfolio!
Last Buyer's Agent
Johan Lopez
Home Shop Properties, Inc.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1900
Lot Details
- 3,703
Flooring
- Wood
- Tile
Utilities
- Water Holding Tank
- Tankless Water Heater
- Natural Gas Water Heater
Additional Features
- Basement
Listing and Financial Details
- Assessor Parcel Number M:0087 B:0000 L:0102
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 17, 2021
Closed on
Jul 23, 2021
Sold by
Trejo Maxwell
Bought by
Cepeda Investments Llc
Seller's Agent
Olivares & Molina Team
Realty One Group Nest
Buyer's Agent
Johan Lopez
Home Shop Properties, Inc.
List Price
$1,699,900
Sold Price
$1,750,000
Premium/Discount to List
$50,100
2.95%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$402,181
Avg. Annual Appreciation
4.56%
Original Mortgage
$1,400,000
Outstanding Balance
$1,285,025
Interest Rate
2.96%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$821,698
Purchase Details
Closed on
Apr 7, 2014
Sold by
Garcia Carlos W
Bought by
Trejo Maxwell
Purchase Details
Closed on
Oct 7, 2008
Sold by
Garcia Carlos W
Bought by
Popular Fncl Svcs Llc
Purchase Details
Closed on
Apr 3, 2007
Sold by
Garcia Carlos W
Bought by
Garcia Carlos W and Cruz Waldo A
Purchase Details
Closed on
Apr 24, 2006
Sold by
Mora Andrea A
Bought by
Garcia Carlos W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Interest Rate
6.37%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 20, 2004
Sold by
Newbury St Rt and Villatoro Blanca R
Bought by
Garcia Carlos W
Purchase Details
Closed on
Dec 22, 1995
Sold by
Andover Bank
Bought by
Garcia Carlos W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,000
Interest Rate
7.33%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cepeda Investments Llc | $1,750,000 | None Available | |
| Trejo Maxwell | $116,000 | -- | |
| Popular Fncl Svcs Llc | $382,000 | -- | |
| Garcia Carlos W | -- | -- | |
| Garcia Carlos W | -- | -- | |
| Garcia Carlos W | -- | -- | |
| Garcia Carlos W | $60,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cepeda Investments Llc | $1,400,000 | |
| Previous Owner | Trejo Maxwell | $590,000 | |
| Previous Owner | Garcia Carlos W | $408,000 | |
| Previous Owner | Edann Rt | $95,000 | |
| Previous Owner | Edann Rt | $51,000 | |
| Previous Owner | Edann Rt | $250,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/23/2021 07/23/21 | Sold | $1,750,000 | +2.9% | $134 / Sq Ft |
| 05/29/2021 05/29/21 | Pending | -- | -- | -- |
| 05/17/2021 05/17/21 | For Sale | $1,699,900 | -- | $130 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | -- | $1,919,600 | $148,800 | $1,770,800 |
| 2024 | -- | $1,701,100 | $102,400 | $1,598,700 |
| 2023 | $0 | $1,479,000 | $85,400 | $1,393,600 |
| 2022 | $0 | $1,222,000 | $77,300 | $1,144,700 |
| 2021 | $0 | $828,100 | $88,400 | $739,700 |
| 2020 | $0 | $814,600 | $81,700 | $732,900 |
| 2019 | $0 | $759,800 | $75,300 | $684,500 |
| 2018 | $0 | $692,700 | $68,400 | $624,300 |
| 2017 | $0 | $557,000 | $64,800 | $492,200 |
| 2016 | -- | $538,000 | $61,900 | $476,100 |
| 2015 | -- | $421,300 | $61,900 | $359,400 |
Source: Public Records
Agents Affiliated with this Home
-
Olivares & Molina Team
-
J
Buyer's Agent in 2021
Johan Lopez
Home Shop Properties, Inc.
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72833072
APN: LAWR-000087-000000-000102
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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