5 Berkeley Street

5 Berkeley Street in Lawrence, MA was first built in 1905 and is 119 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. There are a total of 2 floors. There are a total of 7 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 5 Berkeley Street has 1,942 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 7,780 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of slate. The condition of the building has been evaluated as average. The exterior walls of the home are made of asbestos shingle. As for heating, the home is utilizing a steam heating system and being fueled with gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 5 Berkeley Street sold most recently in Apr 29, 2022 for a total of $375,000. If you work out the math, that's approximately a cost of $193.10 per sqft. Before that, the property was also sold for $222,000 in Jan 1, 1970. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,510 in taxes each year. 5 Berkeley Street was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $379,500. If we break it down further, the land itself was valued at $136,100. Improvements to the property, however, were assessed at a total of $243,400. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.