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3 Kathleen Terrace, Lawrence MA 01843

Lawrence, MA 01843 • Mt. Vernon
$560,000
Est. $2,981/month
3
Beds
2
Baths
1,144
Sq Ft
$490
Price/Sq Ft
0.16
Acres
1965
Year Built
Single Family Residence
Type
19
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73294099

About this home

Home Sweet Home in sought after Mount Vernon! So many reasons to love this meticulously kept Ranch style home located on a cul de sac! Enjoy easy 1-level living and entertaining in the bright open concept first floor with pristine hardwood throughout in living/dining rooms and 3 bedrooms. A side entry door makes it a breeze to bring groceries into the white eat in kitchen. Keep cool with Central A/C. Finished lower level offers spacious rooms for all your needs. It includes a family room, full bath, large wet bar with full size refrigerator, laundry area, work from home or workout spaces, craft or workshop area and closets galore! Attic has pull down stairs for more storage. Low maintenance vinyl siding and Anderson windows. Relax, grill and dine al fresco on the oversize deck!  All this and a fenced yard to garden and play in! Storage shed for garden tools and furniture. Super convenient location. Seller will consider Buyer Agency compensation. Vacant & ready for an easy move-in!

Sale Statistics

Sale Overview
Original List Price: $499,900
Final Sale Price: $560,000
Difference: +$60,100 (+12.0%)
Performance Metrics
112.0%
List to Sale Ratio
Sold above asking price
19
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $437
Sale $/sq ft: $490
This property sold for $490 per square foot
Sale Summary

This property sold for 12.0% above the original asking price, indicating strong buyer demand.

With only 19 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
Single Family Residence
Property Category
Residential
Year Built
1965
Bedrooms
3
Full Bathrooms
2
Living Area
1,144 sq ft
Total Rooms
10

Interior Features

Flooring
Tile, Vinyl, Laminate, Hardwood, Flooring - Vinyl
Heating
Forced Air, Natural Gas
Has Heating
Yes
Cooling
Central Air
Has Cooling
Yes
Has Fireplace
No
Appliances
Gas Water Heater, Range, Refrigerator, Washer, Dryer
Interior Features
Closet - Double, Closet, Wet bar, Office, Play Room, Wet Bar
Laundry Features
Dryer Hookup - Gas, Washer Hookup, Flooring - Vinyl, In Basement, Gas Dryer Hookup
Basement Details
Full, Finished, Bulkhead, Sump Pump
Window Features
Insulated Windows
Door Features
Insulated Doors, Storm Door(s)
Accessibility Features
No

Exterior & Structure

Construction Materials
Frame
Architectural Style
Ranch
Roof
Shingle
Foundation
Concrete Perimeter
Exterior Features
Deck, Storage, Fenced Yard
Patio/Porch Features
Deck
Fencing
Fenced
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.16 acres
Lot Size
6,825 sq ft
Lot Size Area
0.1600
Frontage Length
50 ft
Road Surface Type
Paved
Road Frontage Type
Public

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
3
Parking Features
Paved Drive, Off Street

Utilities & Systems

Utilities Available
for Gas Range, for Gas Dryer, Washer Hookup
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers, 100 Amp Service
Security Features
Security System

Community & HOA

Subdivision
Mt. Vernon
Community Features
Public Transportation, Shopping, Park, Medical Facility, Highway Access, House of Worship, Public School
HOA
No
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$4,340
Tax Year
2024
Tax Assessed Value
$469,200
Parcel Number
M:0096 B:0000 L:0085,4203741
Zoning
R2

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Attached Property
No
Disclosures
Offers, if any, due Oct 1st at noon. Security cameras in use. Trustee/Executor has not lived in property for 30+ years & makes no representations. House sold 'as is', Buyer to verify all info. Per Seller request Buyer agrees to initiate escrow money via Deposit Link to escrow agent Leading Edge RE.

Location

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Neighborhood

Mt. Vernon

3 Kathleen Terrace, Lawrence MA 01843

Lawrence, MA 01843

Walkability

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Schools

Elementary School
Frost
Rating information coming soon
Middle School
Frost
Rating information coming soon
High School
Lawrence Hs
Rating information coming soon

Monthly Payment Calculator

%
%
Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $362
Homeowners Insurance $200
PMI $0

Property History

Market Insights

10.7%
Price Range
21
Total Days on Market

Property Timeline

✓
Sold
Oct 28, 2024
$560,000
Property sold
Days on Market: 21
🏠
Listed for Sale
Sep 24, 2024
$499,900
Original listing
Agent: Cheryl Foster Office: Leading Edge Real Estate

Price & Status History

Date Event Price Change
Sep 24, 2024 New Listing Added $499,900 —

Market Statistics

Days on Market
19 days
Price per Sq Ft
$490

Tax History

Year Taxes Assessment
2024 $4,340 $469,200

Financial Details

Annual Property Tax
$4,340
Tax Year 2024
Assessed Value
$469,200

Listing Information

Listing Agent Cheryl Foster
Listing Office Leading Edge Real Estate
Agent MLS ID G9500005
Office MLS ID AN5774

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