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240 Water St # B, Lawrence MA 01841

Lawrence, MA 01841
$350,000
Est. $2,435/month
2
Beds
2.5
Baths
1,054
Sq Ft
$332
Price/Sq Ft
1987
Year Built
124
Days on Market
Closed Listed Nov 1, 2024 • MLS# 73308822 Copied!

About this home

Welcome to Riverside Condominiums! This beautiful, maintained townhome has so much to offer. 2 spacious bedrooms and 2.5 bathrooms, half bath with laundry. This unit is ready for its new owners! Finished basement Plus a bonus space. Two deeded Parking spaces. Easy access to route 93 & route 495.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1987
Bedrooms
2
Full Bathrooms
2
Half Bathrooms
1
Living Area
1,054 sq ft
Total Rooms
5
Stories
2
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $299,900
Final Sale Price: $350,000
Difference: +$50,100 (+16.7%)
Performance Metrics
116.7%
List to Sale Ratio
Sold above asking price
124
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $285
Sale $/sq ft: $332
This property sold for $332 per square foot
Sale Summary

This property sold for 16.7% above the original asking price, indicating strong buyer demand.

At 124 days on market, this property took longer than average to sell.

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1987
Living Area 1,054 sq ft
Bedrooms 2
Full Baths 2
Half Baths 1
Total Rooms 5

Interior

Heating Steam, Natural Gas
Cooling Window Unit(s)
Flooring None
Appliances None
Fireplace None
Basement Y
Laundry First Floor
Features Bonus Room

Exterior

Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features None
Total Spaces 2

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $2,313
Assessed Value $250,100

Interior Features

Flooring:
Appliances:
Interior Features: Bonus Room
Windows:
Basement: Y
Laundry: First Floor
Security:

Construction & Materials

Year Built: 1987
Structure Type: Townhouse
Exterior Materials:
Roof:
Foundation:
Stories: 2

Heating, Cooling & Utilities

Heating: Steam, Natural Gas
Cooling: Window Unit(s)
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 2
Parking Features:

Location

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Neighborhood

240 Water St # B, Lawrence MA 01841

Lawrence, MA 01841

Walkability

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Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $193
Homeowners Insurance $200
HOA Fee $273/mo
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

14.3%
Price Range
77
Total Days on Market

Property Timeline

Sold
Mar 31, 2025
$350,000
Property sold
Days on Market: 77
🏠
Listed for Sale
Nov 1, 2024
$299,900
Original listing
Agent: Juan Marte Office: Berkshire Hathaway HomeServices Verani Realty Methuen

Price & Status History

Date Event Price Change
Nov 1, 2024 New Listing Added $299,900

Market Statistics

Days on Market
124 days
Price per Sq Ft
$332

Tax History

Year Taxes Assessment
2024 $2,313 $250,100

Financial Details

Annual Property Tax
$2,313
Tax Year 2024
HOA Fee
$273
Monthly
Assessed Value
$250,100

Listing Information

Listing Agent Juan Marte
Listing Office Berkshire Hathaway HomeServices Verani Realty Methuen
Agent MLS ID G8000803
Office MLS ID AN7828
Listing Data Updated Apr 1, 2025 3:05 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Market Analytics for Lawrence, MA

Real-time market trends and pricing data for this area

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