240 Water St # B, Lawrence MA 01841

Lawrence, MA 01841
$350,000
Est. $1,863/month
2
Beds
2.5
Baths
1,054
Sq Ft
$332
Price/Sq Ft
1987
Year Built
Condominium
Type
124
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73308822

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.

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

Property Overview

Property Type
Condominium
Property Category
Residential
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

Interior Features

Heating
Steam, Natural Gas
Has Heating
Yes
Cooling
Window Unit(s)
Has Cooling
Yes
Has Fireplace
No
Interior Features
Bonus Room
Laundry Features
First Floor
Basement Details
Y

Exterior & Structure

Has Spa
No
Waterfront Property
No

Lot & Land

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
2

Utilities & Systems

Water Source
Public
Sewer
Public Sewer

Community & HOA

Community Features
Public Transportation, Walk/Jog Trails, Laundromat, Highway Access, Public School, Other
HOA Fee
$273
HOA Fee Frequency
Monthly
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$2,313
Tax Year
2024
Tax Assessed Value
$250,100
Parcel Number
M:0162 B:0002 L:0002,4208282
Zoning
RES

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Building Name
Riverside Condominiums
Disclosures
Buyer/Buyer's agent to verify all information. Agent has an ownership interest.

Location

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Neighborhood

240 Water St # B, Lawrence MA 01841

Lawrence, MA 01841

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $193
Homeowners Insurance $200
HOA Fee $273
PMI $0

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

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