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570 South Union Street

570 South Union Street, Lawrence, MA 01843
Property in Colonial Heights
Sold Sep 01, 2005
$1,950,000
$950,000 by Hingham Institution For Saving
Mortgage Due Mar 05, 2045
570 South Union Street in Lawrence, MA was first built in 1929 and is 95 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 condo style. There are a total of 2 floors. There are a total of 84 rooms in the home, of which, 20 are bedrooms. There are 24 partial bathrooms. 570 South Union Street has 11,328 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 19,250 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of asphalt. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing baseboard heaters and being fueled with electricity. The property was last sold in Jan 1, 1970 for $1,950,000. That's $172.14 per sqft. 570 South Union Street was last assessed in 2024. The total value of the property was assessed at $2,276,200. Specifically, the land the property is located on was valued at $184,400. While improvements on the property were assessed at a total of $2,091,800. 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 $21,055. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1929
  • Effective Year Built: 1929
  • Building Count: 1
  • Total Rooms: 84
  • Bedroom Count: 20
  • Bathroom Count: 24
  • Partial Bathrooms: 24
  • Building Condition: Average
  • Construction Type: Masonry
  • Building Style: Condo
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 23
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 19,250
  • Total Building Area: 11,328
  • Gross Building Area: 16,992
  • Building Area: 11,328
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Baseboard
  • Heated Square Feet: 11,328
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.442
  • Standard Land Use Code: Apartments (generic)

Ownership

  • Current Owner : FRENCH KEVIN
  • Previous Owner : SOUTH UNION T
  • Previous Owner 2: KELLEHER
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Lawrence School District
  • School Tax School District: LAWRENCE SD
  • Census Tract: 251700

Geography

  • Account Number: 77 0000 0072 A
  • Parcel: LAWR M:0077 B:0000 L:0072
  • Lot: 72
  • Municipality: LAWRENCE
  • Latitude: 42.6874
  • Longitude: -71.1525

    Address

  • Full Address: 570 S Union St
  • Address - House Number: 570
  • Street Direction: S
  • Address - Street Name: Union
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C034
  • 4-Digit Zip Code: 3746
  • Zip Code: 01843

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $21,055

    Appraisal Valuation

  • Standard Deviation: 0.1621
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 67
  • Final Value: 2,429,093
  • High Value: 2,822,960
  • Low Value: 2,035,225

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $2,750,000
  • First Open Lien Mortgage Lender: HINGHAM INSTITUTION FOR SAVING
  • First Open Lien Mortgage Recording Date: Mar 05, 2015
  • First Open Lien Mortgage Loan Amount: $950,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Mar 05, 2045
  • Second Open Lien Mortgage Lender: HINGHAM INSTITUTION FOR SAVING
  • Second Open Lien Mortgage Recording Date: Apr 25, 2018
  • Second Open Lien Mortgage Loan Amount: $850,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • Second Open Lien Mortgage Loan Due Date: Apr 25, 2048
  • Third Open Lien Mortgage Lender: HINGHAM INSTITUTION FOR SAVING
  • Third Open Lien Mortgage Recording Date: Apr 06, 2020
  • Third Open Lien Mortgage Loan Amount: $950,000
  • Third Open Lien Mortgage Term: 360
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: Commercial
  • Third Open Lien Mortgage Loan Due Date: Apr 06, 2050

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $2,276,200
  • Assessed Land Value: $184,400
  • Assessed Improvements Value: $2,091,800

    Sales

  • Current Sale Recording Date: Sep 01, 2005
  • Current Sale Transaction ID: 1148341831
  • Current Sale Price: $1,950,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 33616

    Last Sale Mortgage

  • First Mortgage Lender: WASHINGTON MUTUAL BK
  • First Mortgage Transaction Date: Sep 01, 2005
  • First Mortgage Loan Amount: $1,000,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

About Colonial Heights



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Frequently Asked Questions

What neighborhood is 570 South Union Street located in?
The 570 South Union Street is a located in the neighborhood of Colonial Heights in Colonial Heights, Lawrence.
What is the average sales price for listings in 570 South Union Street?
The average sales price for units in 570 South Union Street is $0 currently.

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