240 Water St # B, Lawrence MA 01841

Lawrence, MA 01841

$350,000

Est. $2,435/month

Beds

2.5

Baths

1,054

Sq Ft

$332

Price/Sq Ft

1987

Year Built

Condominium

Type

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

Full Bathrooms

Half Bathrooms

Living Area

1,054 sq ft

Total Rooms

Stories

Entry Level

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

Principal, interest, taxes & insurance

Loan Amount

After down payment

Total Interest

Over life of loan

Total Cost

Including down payment

Home Price

Down Payment

Down: $0

Interest Rate

Loan Term

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

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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

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

Date	Event	Price	Change	$/sqft	Details
03/31/2025	✓ Sold	$350,000	-	-	Property sold
11/01/2024	🏠 Listed for Sale	$299,900	-	-	Original listing

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.

Monthly Payment Breakdown

Loan Summary

Sold

Listed for Sale

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240 Water St # B, Lawrence MA 01841

About this home

Property Overview

Sale Statistics

Facts & Features

Home Facts

Interior

Exterior

Parking

Utilities

Financial

Interior Features

Construction & Materials

Heating, Cooling & Utilities

Exterior & Lot

Parking & Garage

Location

Neighborhood

Walkability

Nearby Schools

Monthly Payment Calculator

Monthly Payment Breakdown

Loan Summary

Rate Impact

Payment Over Time

Property History

Market Insights

Property Timeline

Sold

Listed for Sale

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Price & Status History

Market Statistics

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Financial Details

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