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240 Water St # B, Lawrence MA 01841

Lawrence, MA 01841
$350,000
2
Beds
2.5
Baths
1,054
Sq Ft
$332
Price/Sq Ft
1987
Year Built
2
Parking
124
Days on Market
Closed Listed Nov 1, 2024 • MLS# 73308822 Copied! • Updated Apr 1, 2025

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.

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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Recently Sold Nearby

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

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

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
Features None
Total Spaces 2
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None
Annual Tax $2,313
Assessed Value $250,100

HOA & Community

HOA Fee $273 Monthly
Fee Includes Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash
Amenities None
Optional Fee Includes None
Seller Disclosures Buyer/buyers Agent To Verify All Information. Agent Has An Ownership Interest.
Possession None
Accepted Financing None
Structure Type ["Townhouse"]
Unit/Building B
Sq Ft Source Public Record
Documents None
County Essex
Total market time (incl. prior listings) 77 days

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

Room Details

First Floor

Bathroom1
Dining Room
Kitchen
Living Room

Second Floor

Bathroom2
Bedroom2
Master Bedroom

Basement Floor

Bathroom3

Other Floor

Bedroom5
Bedroom4
Bedroom3
Office
Family Room
Master Bathroom

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:
School District
Lawrence School District local
D
🎓 Where Graduates Go Class of 2021
36% attend college
14% 4-Year 23% 2-Year 3% Out of State 2% Working
School Safety 2024-25
2.2% Average
2.2% Suspensions 1.1% In-School
3.3% below state avg
E

Elementary Schools

3 schools
James F Hennessey School
0.2 mi
300 students Less Diverse
Grades PK-02
D
Gerard A. Guilmette School
0.2 mi | #756 of 824 | Score: 32.1
Improved 59 spots from last year
-26.1 below state avg
485 students Less Diverse
Rising School
Grades 01-04
C+
Emily G Wetherbee School
0.4 mi | #235 of 352 | Score: 37.5
Improved 1 spots from last year
-20.7 below state avg
480 students Less Diverse
Rising School
Grades K-08
M

Middle Schools

3 schools
C-
Guilmette Middle School
0.2 mi | #294 of 352 | Score: 31.8
Improved 4 spots from last year
-26.4 below state avg
457 students Less Diverse
Grades 05-08
D
Alexander B Bruce School
0.5 mi | #331 of 352 | Score: 27.7
Improved 8 spots from last year
-30.5 below state avg
462 students Less Diverse
Grades 03-08
Blessed Stephen Bellesini O.S.A. Academy
0.8 mi
Grades 05-08
H

High Schools

3 schools
B
High School Learning Center
0.7 mi | #172 of 346 | Score: 71.1
Dropped 128 spots from last year
198 students Less Diverse
Career Tech Programs College Ready Curriculum
Grades 09-12
Central Catholic High School
1.0 mi
21 sports • 2,718 athletes
Strong Athletics
Grades 09-12
B+
Greater Lawrence Regional Vocational Technical School
1.2 mi | #140 of 346 | Score: 56.5
Improved 9 spots from last year
-1.7 below state avg
1,837 students Moderate
High Graduation Rate Rising School Career Tech Programs College Ready Curriculum
Grades 09-12
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Location

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Neighborhood

240 Water St # B, Lawrence MA 01841

Lawrence, MA 01841

Listing Information

Listing Office Berkshire Hathaway HomeServices Verani Realty Methuen
Office Phone 978-687-8484
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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