2 months on rocket

131 May St, Lawrence, MA, 01841

$869,900

Home List Price

$10,000*

Closing Credit

8 Bedrooms
3 Full Baths
3,220 SqFt
$270/SqFt
Multi

Location

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131 May St, Lawrence$869,900

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOff Street, Paved, Unpaved
Year Built2004
HeatingCentral, Active Solar, Electric, Ductless
CoolingCentral Air, Active Solar, Ductless
BasementYes
MLS #73293167
Lot Size0.14 Acres
StatusActive

About 131 May St

Welcome to this showcase of pride in ownership multi-family home, built in 2004, boasting three levels of fully finished living space. The large open-concept design creates a spacious and inviting atmosphere in each unit. This property features two main units, each offering 3 bedrooms. The finished basement, features 900 sq ft, includes a 2-bedroom unit, providing additional rental income or living space. Energy efficiency is a highlight with solar panels that cover energy needs for two levels, reducing costs and have a low lease agreement. Each unit is equipped with central air conditioning and heating, with condenser units less than 5 years old, ensuring comfort year-round. The home is suited with a high-end water softener system by Puronics, installed less than 3 years ago, providing superior water quality. In addition, tenants have access to a coin-operated laundry on-site, plenty of parking and proximity to local amenities add to the appeal. Schedule a Showing today!

Property Details

Property Features

Property Information:

  • Year Built: 2004
  • Living Area: 3,220 SqFt

Listing Office:

  • Office Name: eXp Realty
  • Office Phone: (888) 854-7493
  • Listing Agent: Michelle Silverio

Interior Features

Interior Information:

  • Appliances: Range, Refrigerator
  • Basement: Yes
  • Flooring Type: Wood, Tile, Hardwood
  • Interior: Laundry Room, Bathroom With Tub & Shower, Open Floorplan, Remodeled, Storage, Bathroom with Shower Stall, Living Room, Kitchen, Living RM/Dining RM Combo, Mudroom

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • Exterior: Balcony/Deck, Balcony

Parking Information:

  • Parking: Off Street, Paved, Unpaved

Lot Features

Lot Information:

  • Lot: Gentle Sloping
  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Central, Active Solar, Electric, Ductless
  • Cooling: Central Air, Active Solar, Ductless

Other

Directions Information:

  • Directions: USE GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $869,900
  • Price Per SqFt: $270/SqFt

Tax Information:

  • Annual Amount: $5,528
  • 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

$555K

Med. Price/SqFt

$292

Avg. Days On Market

28

# of Sold Homes

20

131 May St vs Lawrence

88 DAYS ON ROCKET

+60 Days

$869,900

+$314.9K More

$270/SqFt

-$22 Less

KEY TAKEAWAY

This property is $314.9K more than the Median Sold Price and $22/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: #73293167

Listing Office:

  • Office Name: eXp Realty
  • Office Phone: (888) 854-7493
  • Listing Agent: Michelle Silverio

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.
Last updated on: 12/17/2024, 11:55:50 PM 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 27, 2005Home Sold
$363,000
Jan 24, 2003Home Sold
$32,500

Tax History

YEARPROP. TAXASSESSMENT
2021$5,528$450,500
2020$5,171$416,000
2019$5,298$387,300
2018$5,122$357,700
2017$4,665$304,100

History based on county public records data.

Payment Calculator

$4,409

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,675

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NMLS#3030

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-4331969
2
/10

  • Community Day Arlington Elementary School

  • 150 Arlington St

  • 0.51 miles

  • Public District Grades KG-4

school-card-donut-4331970
4
/10

  • Tarbox Elementary School

  • 59 Alder St

  • 0.63 miles

  • Public District Grades 1-5

school-card-donut-4331971
2
/10

  • Guilmette Elementary School

  • 80 Bodwell St

  • 0.76 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 $34,512. Most Lawrence, MA residents have annual incomes less than $35k. The majority of families are single, with kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Massachusetts›Essex County›Lawrence›01841›131 May St

This home is located at 131 May St in Lawrence, MA and zip code 01841. This 3,220 square foot home, which was built in 2004, sits on a 0.14 acre lot. Features: 8 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 20, 2024 and is currently priced at $869,900.

Lawrence, MA housing market in November 2024 saw over 13 listings sold above listed price, more than 2 sold at listed price and over 5 sold below. The number of listings in Lawrence, MA decreased by 17.4% between October 2024 and November 2024. Listings spent 28 days on the market in November 2024, and had a median list price of $555,000 during the same period.

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

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