5 Mt. Vernon Terr, Lawrence MA 01843

Lawrence, MA 01843 • South Lawrence
$480,000
Est. $2,555/month
3
Beds
1.5
Baths
1,612
Sq Ft
$298
Price/Sq Ft
0.24
Acres
1965
Year Built
Single Family Residence
Type
46
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73157722

About this home

Unique larger ranch in sought after Mount Vernon area. With a fireplaced living room, inground pool, spacious master suite and bar area for entertaining in the partially finished basement, this home truly has something for everyone. Current office could be used as a 3rd bedroom. Newer roof (9 years), brand new boiler, and meticulous maintainence help the pride of ownership shine through. Central AC and skylit living room and bedrooms. Whirlpool tub in the master suite. Did we mention the garage underneath with space for three vehicles. Must be seen to truly appreciate. Home is move in ready, looking to sell as is with remaining furniture and oil included in sale.

Sale Statistics

Sale Overview
Original List Price: $540,000
Final Sale Price: $480,000
Difference: $60,000 (-11.1%)
Performance Metrics
88.9%
List to Sale Ratio
Sold below asking price
46
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $335
Sale $/sq ft: $298
This property sold for $298 per square foot
Sale Summary

This property sold for 11.1% below the original asking price.

The property spent 46 days on market before selling.

Facts & Features

Property Overview

Property Type
Single Family Residence
Property Category
Residential
Year Built
1965
Bedrooms
3
Full Bathrooms
1
Half Bathrooms
1
Living Area
1,612 sq ft
Total Rooms
5

Interior Features

Flooring
Wood, Tile, Carpet, Concrete
Heating
Central, Baseboard, Oil
Has Heating
Yes
Cooling
Central Air
Has Cooling
Yes
Has Fireplace
Yes
Number of Fireplaces
1
Appliances
Water Heater, Range, Dishwasher, Refrigerator, Washer, Dryer
Interior Features
Walk-up Attic, Internet Available - Broadband
Laundry Features
Washer Hookup
Basement Details
Full, Partially Finished, Walk-Out Access, Interior Entry, Garage Access, Concrete
Accessibility Features
No

Exterior & Structure

Construction Materials
Frame
Architectural Style
Ranch
Roof
Shingle
Foundation
Concrete Perimeter
Exterior Features
Deck, Deck - Composite, Patio, Pool - Inground, Fenced Yard
Patio/Porch Features
Deck, Deck - Composite, Patio
Fencing
Fenced/Enclosed, Fenced
Has Spa
No
Pool Features
In Ground
Private Pool
Yes
Waterfront Property
No

Lot & Land

Lot Size
0.24 acres
Lot Size
10,600 sq ft
Lot Size Area
0.2400
Road Frontage Type
Public

Parking & Garage

Garage Spaces
3
Has Garage
Yes
Attached Garage
Yes
Has Carport
No
Total Non-Garage Parking Spaces
5
Parking Features
Under, Paved Drive, Off Street
Covered Parking Spaces
3

Utilities & Systems

Utilities Available
Washer Hookup
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers, 100 Amp Service

Community & HOA

Community Features
Public Transportation
HOA
No
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$4,409
Tax Year
2023
Tax Assessed Value
$434,000
Tax Lot
0005
Tax Map Number
0198
Zoning
RN

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Attached Property
No

Location

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Neighborhood

South Lawrence

5 Mt. Vernon Terr, Lawrence MA 01843

Lawrence, MA 01843

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 $367
Homeowners Insurance $200
PMI $0

Property History

Market Insights

7.7%
Price Range
48
Total Days on Market

Property Timeline

Sold
Dec 7, 2023
$480,000
Property sold
Days on Market: 48
🏠
Listed for Sale
Sep 10, 2023
$520,000
Original listing
Agent: Philip Burns Office: Berkshire Hathaway HomeServices Verani Realty Methuen

Price & Status History

Date Event Price Change
Sep 10, 2023 New Listing Added $520,000

Market Statistics

Days on Market
46 days
Price per Sq Ft
$298

Tax History

Year Taxes Assessment
2023 $4,409 $434,000

Financial Details

Annual Property Tax
$4,409
Tax Year 2023
Assessed Value
$434,000

Listing Information

Listing Agent Philip Burns
Listing Office Berkshire Hathaway HomeServices Verani Realty Methuen
Agent MLS ID G0002731
Office MLS ID AN7828

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