1 month on rocket

40-42 Salem St, Lawrence, MA, 01843

$629,900

Home List Price

$7,480*

Closing Credit

6 Bedrooms
2 Full Baths
2,704 SqFt
$233/SqFt
Multi
Schools Nearby

Location

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40-42 Salem St, Lawrence$629,900

Buyer Closing Credits

$7,480*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingPaved Drive
Year Built1910
BasementYes
MLS #73221988
Lot Size0.14 Acres
StatusActive

About 40-42 Salem St

Welcome to 40-42 Salem, Located in South area of Lawrence! Ready for owner occupied or investor. Come to check this property on Jun 1st and Jun 2nd from 12pm- 1:30pm.

Property Details

Property Features

Property Information:

  • Year Built: 1910
  • Living Area: 2,704 SqFt

Listing Office:

  • Office Name: Keller Williams Realty
  • Listing Agent: Team Valdez Mejia

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 6

Exterior Features

Parking Information:

  • Parking: Paved Drive

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Other

Directions Information:

  • Directions: Please use GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $629,900
  • Price Per SqFt: $233/SqFt

Agent Commission:

  • Buyer's Agent Commission: 2

Tax Information:

  • Annual Amount: $4,501
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Lawrence, MA.

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Lawrence, MA

City

Med. Sold Price

$510K

Med. Price/SqFt

$282

Avg. Days On Market

25

# of Sold Homes

23

40-42 Salem St vs Lawrence

52 DAYS ON ROCKET

+27 Days

$629,900

+$119.9K More

$233/SqFt

-$49 Less

KEY TAKEAWAY

This property is $119.9K more than the Median Sold Price and $49/SqFt less than other homes in Lawrence, MA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MLS Property Information Network
  • MLS Number: #73221988

Listing Office:

  • Office Name: Keller Williams Realty
  • Listing Agent: Team Valdez Mejia

IDX Disclaimer: The property listing data and information 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 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 set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 6/1/2024, 12:20:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 18, 2012Home Sold
$239,000

Tax History

YEARPROP. TAXASSESSMENT
2021$4,501$366,800
2020$4,329$348,300
2019$4,330$316,500
2018$3,968$277,100
2017$3,685$240,200

History based on county public records data.

Payment Calculator

$3,211

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,955

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-5921072
1
/10

  • Gerard A. Guilmette

  • 80 Bodwell St

  • 0.54 miles

  • Public District Grades 1-4

school-card-donut-5921073
5
/10

  • Robert Frost

  • 33 Hamlet St

  • 0.74 miles

  • Public District Grades KG-4

school-card-donut-5921074
3
/10

  • South Lawrence East Elementary School

  • 165 Crawford St

  • 1.11 miles

  • Public District Grades 1-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $37,955. Residents of Lawrence, MA typically earn less than $35k each year. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Massachusetts›Essex County›Lawrence›01843›40-42 Salem St

This home is located at 40-42 Salem St in Lawrence, MA and zip code 01843. This 2,704 square foot home, which was built in 1910, sits on a 0.14 acre lot. Features: 6 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 10, 2024 and is currently priced at $629,900.

While more than 18 listings in Lawrence, MA in April 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 4 were sold below. Between March 2024 and April 2024, Lawrence, MA real estate market has seen increase in the number of listings by 11.9%. In April 2024 median list price was $510,000 and the average listing age was 25 days.

From Rocket Homes Real Estate and based on county public records data.

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