Check Availability

401 South Broadway

401 South Broadway, Lawrence, MA 01843
Property in Mount Vernon
Sold Jul 18, 2017
$242,000
$231,990 by Peoples United Bank
Mortgage Due Jul 18, 2047
Sold May 28, 1998
$99,900
Local assessors in Lawrence, MA have categorized 401 South Broadway as a residential type of property. The home was built in 1970 and is 54 years old. The property's lot size has been calculated to be 15,375 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 401 South Broadway has a total of 1,056 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a gable style roof that was made of asphalt. Lots of brick were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with gas. The property was last sold in Jan 1, 1970 for $242,000. That's $229.17 per sqft. Prior to that sales transaction, the property was also sold in Jan 1, 1970 for $99,900. 401 South Broadway was last assessed in 2024. The total value of the property was assessed at $426,400. Specifically, the land the property is located on was valued at $147,600. While improvements on the property were assessed at a total of $278,800. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $3,944. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Parking

Off Street Parking

Location

Corner Lot
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 15,375
  • Total Building Area: 1,056
  • Gross Building Area: 2,288
  • Building Area: 1,056
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,056
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.353
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : PAIZ-GATICA ALFREDO B
  • Current Owner 2: FIGUEROA-ESTRADA MARIA D
  • Previous Owner : BROADWAY RT
  • Owner Before Previous Owner: ETE RT
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Lawrence School District
  • School Tax School District: LAWRENCE SD
  • Census Tract: 251800

Geography

  • Account Number: 96 0000 0058 2A
  • Parcel: LAWR M:0096 B:0000 L:0058 2
  • Lot: 58 2
  • Municipality: LAWRENCE
  • Latitude: 42.6865
  • Longitude: -71.1571

    Address

  • Full Address: 401 S Broadway
  • Address - House Number: 401
  • Street Direction: S
  • Address - Street Name: Broadway
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C037
  • 4-Digit Zip Code: 3522
  • Zip Code: 01843

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $3,944

    Appraisal Valuation

  • Standard Deviation: 0.1875
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 483,993
  • High Value: 574,610
  • Low Value: 393,376

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $583,980
  • First Open Lien Mortgage Lender: PEOPLES UNITED BANK
  • First Open Lien Mortgage Recording Date: Jul 18, 2017
  • First Open Lien Mortgage Loan Amount: $231,990
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jul 18, 2047
  • Second Open Lien Mortgage Lender: PEOPLES UNITED BANK
  • Second Open Lien Mortgage Recording Date: Jul 18, 2017
  • Second Open Lien Mortgage Loan Amount: $231,990
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Due Date: Jul 18, 2047
  • Third Open Lien Mortgage Lender: WORKERS CU
  • Third Open Lien Mortgage Recording Date: Sep 29, 2022
  • Third Open Lien Mortgage Loan Amount: $120,000
  • Third Open Lien Mortgage Term: 240
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: 2nd Mortgage made to cover Down Payment
  • Third Open Lien Mortgage Loan Due Date: Oct 01, 2042

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $426,400
  • Assessed Land Value: $147,600
  • Assessed Improvements Value: $278,800

    Sales

  • Current Sale Recording Date: Jul 18, 2017
  • Current Sale Transaction ID: 1731692658
  • Current Sale Price: $242,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 18154
  • Previous Sale Recording Date: May 28, 1998
  • Previous Sale Amount: $99,900
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PEOPLES UNITED BANK
  • First Mortgage Transaction Date: Jul 18, 2017
  • First Mortgage Loan Amount: $231,990
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 18, 2047
  • Second Mortgage Lender: PEOPLES UNITED BANK
  • Second Mortgage Loan Amount: $231,990
  • Second Mortgage Terms: 360

About Mount Vernon



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 401 South Broadway located in?
The 401 South Broadway is a located in the neighborhood of Mount Vernon in Mount Vernon, Lawrence.
What is the average sales price for listings in 401 South Broadway?
The average sales price for units in 401 South Broadway is $0 currently.

Quantcast