5 Lafayette Ave, Lawrence MA 01843

Lawrence, MA 01843 • South Lawrence - Mount Vernon
$469,900
Est. $2,891/month
3
Beds
1
Baths
1,120
Sq Ft
$420
Price/Sq Ft
0.15
Acres
1965
Year Built
48
Days on Market
Pending Price Drop -$15,000 Listed Nov 14, 2025 • MLS# 73448065 Copied!

About this home

This charming Mt. Vernon home just got even more attractive with a price drop, making it an unbeatable opportunity! Nestled on a quiet dead-end street, it offers the perfect balance of tranquility and convenience, with easy access to Routes 495 and 93 for commuters. The property features a rare double lot, partially fenced, creating an ideal space for gardening, play, relaxation, and future expansion. Inside, the home has great potential, including a partially finished 560 sq. ft. basement with a wood stove hookup, perfect for cozy winter nights. Two outdoor sheds provide ample storage. Don't miss out on this affordable home that combines a prime location with plenty of room to grow. Plus, for qualified buyers, this home qualifies for a limited-time lender-paid 2-1 buydown, which means reduced monthly payments for the first two years at no cost to you or the seller.

Property Overview

Property Type
Single Family Residence
Listing Type
For Sale
Year Built
1965
Bedrooms
3
Full Bathrooms
1
Living Area
1,120 sq ft
Total Rooms
5

Facts & Features

Home Facts

Type Residential
Style Single Family Residence
Year Built 1965
Living Area 1,120 sq ft
Lot Size 0.15 acres
Bedrooms 3
Full Baths 1
Total Rooms 5

Interior

Heating Baseboard, Natural Gas
Cooling None
Flooring Vinyl, Hardwood
Appliances Gas Water Heater, Oven, Range, Refrigerator, Dryer
Fireplace None
Basement Full, Partially Finished, Walk-out Access
Laundry In Basement, Gas Dryer Hookup, Washer Hookup
Features None

Exterior

Construction Frame
Architecture Ranch
Roof Shingle
Features Storage, Fenced Yard, Gazebo
Pool None
Spa None
Fencing Fenced/enclosed, Fenced
Patio/Porch None

Parking

Features Paved Drive, Off Street, Tandem, Paved
Total Spaces 4

Utilities

Electric 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Gas Dryer, Washer Hookup

Financial

Annual Tax $3,775
Assessed Value $429,000

Interior Features

Flooring: Vinyl, Hardwood
Appliances: Gas Water Heater, Oven, Range, Refrigerator, Dryer
Interior Features:
Windows: Storm Window(s)
Basement: Full, Partially Finished, Walk-Out Access
Laundry: In Basement, Gas Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Style: Ranch
Year Built: 1965
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Concrete Perimeter

Heating, Cooling & Utilities

Heating: Baseboard, Natural Gas
Cooling: None
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Storage, Fenced Yard, Gazebo
Patio & Porch:
Fencing: Fenced/Enclosed, Fenced
Other Structures: Gazebo
Lot Features: Additional Land Avail., Gentle Sloping
Road Surface:

Parking & Garage

Total Parking Spaces: 4
Parking Features: Paved Drive, Off Street, Tandem, Paved

Location

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Neighborhood

South Lawrence - Mount Vernon

5 Lafayette Ave, Lawrence MA 01843

Lawrence, MA 01843

Walkability

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Nearby Schools

School District
Lawrence School District local
🎓 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

10 schools
Lawrence Catholic Academy
0.7 mi
Grades PK-08
C+
Emily G Wetherbee School
0.8 mi | #235 of 352 | Score: 37.5
Improved 66 spots from last year
-20.7 below state avg
480 students Less Diverse
Grades K-08
CLASS, Inc.
0.9 mi
Grades K-12
B+
Community Day Charter Public School
1.6 mi | #125 of 352 | Score: 46.9
Dropped 12 spots from last year
-11.3 below state avg
1,200 students Less Diverse
Grades PK-08
F
School for Exceptional Studies
1.7 mi | #343 of 346 | Score: 17.7
Improved 40 spots from last year
-40.5 below state avg
118 students Less Diverse
Grades PK-12
C
Lawrence Family Development Charter School
1.7 mi | #254 of 352 | Score: 36.0
Dropped 53 spots from last year
-22.3 below state avg
899 students Less Diverse
Strong Attendance
Grades PK-08
C
South Lawrence East Elementary School
0.7 mi | #627 of 824 | Score: 39.4
Improved 13 spots from last year
-18.8 below state avg
666 students Less Diverse
Grades 01-05
C
Robert Frost School
0.7 mi | #602 of 824 | Score: 40.8
Dropped 33 spots from last year
-17.4 below state avg
568 students Less Diverse
Grades K-04
John Breen School
0.7 mi
262 students Less Diverse
Grades PK-K
James F Hennessey School
1.3 mi
300 students Less Diverse
Grades PK-02
M

Middle Schools

9 schools
B+
Spark Academy
0.7 mi | #6 of 16 | Score: 35.8
Improved 270 spots from last year
-22.5 below state avg
443 students Less Diverse
Grades 05-08
C-
Frost Middle School
0.7 mi | #297 of 352 | Score: 31.7
Improved 28 spots from last year
-26.5 below state avg
508 students Less Diverse
Grades 05-08
C-
Guilmette Middle School
1.4 mi | #294 of 352 | Score: 31.8
Dropped 12 spots from last year
-26.4 below state avg
457 students Less Diverse
Grades 05-08
Esperanza Academy
1.5 mi
Grades 05-06
Blessed Stephen Bellesini O.S.A. Academy
1.6 mi
Grades 05-08
F
Oliver Middle School
1.6 mi | #346 of 352 | Score: 24.3
Dropped 28 spots from last year
-33.9 below state avg
348 students Less Diverse
Grades 05-08
D
Alexander B Bruce School
1.7 mi | #331 of 352 | Score: 27.7
Dropped 7 spots from last year
-30.5 below state avg
462 students Less Diverse
Grades 03-08
C-
Parthum Middle School
2.3 mi | #285 of 352 | Score: 32.8
Dropped 7 spots from last year
-25.4 below state avg
585 students Less Diverse
Grades 05-08
D
Arlington Middle School
2.3 mi | #325 of 352 | Score: 28.8
Improved 24 spots from last year
-29.4 below state avg
543 students Less Diverse
Grades 05-08
H

High Schools

5 schools
B-
RISE Academy
1.6 mi | #223 of 346 | Score: 66.7
Same rank as last year
74 students Less Diverse
College Ready Curriculum
Grades 06-12
C
Lawrence High School
0.4 mi | #270 of 346 | Score: 44.4
Improved 37 spots from last year
-13.8 below state avg
3,453 students Less Diverse
13 sports • 1,440 athletes
Early College Program Career Tech Programs College Ready Curriculum
Grades 09-12
B
High School Learning Center
0.9 mi | #172 of 346 | Score: 71.1
Same rank as last year
198 students Less Diverse
Career Tech Programs College Ready Curriculum
Grades 09-12
B
Phoenix Academy Public Charter High School, Lawrence
1.4 mi | #182 of 346 | Score: 69.9
Same rank as last year
140 students Moderate
Career Tech Programs College Ready Curriculum
Grades 09-12
Central Catholic High School
1.9 mi
21 sports • 2,718 athletes
Strong Athletics
Grades 09-12
Learn about these ratings

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $315
Homeowners Insurance $200
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
Save $0/mo
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

2
Price Changes
3.1%
Price Range

Property Timeline

Pending Sale
Dec 21, 2025
Offer accepted, sale pending
Price Reduced
Dec 15, 2025
$469,900 $10,000 (-2.08%)
From $479,900 to $469,900 (-2.1%)
Price Reduced
Nov 28, 2025
$479,900 $5,000 (-1.03%)
From $484,900 to $479,900 (-1.0%)
🏠
Listed for Sale
Nov 14, 2025
$469,900
Original listing
Agent: John Demers Office: First Choice Realty Group
🏠
Listed for Sale
Nov 14, 2025
$484,900
Original listing
Office: First Choice Realty Group

Price & Status History

Date Event Price Change
Dec 15, 2025 Price Changed $469,900 -$10,000
Nov 28, 2025 Price Changed $479,900 -$5,000
Nov 14, 2025 New Listing Added $469,900
Nov 14, 2025 New Listing Added $484,900

Market Statistics

Days on Market
48 days
Price per Sq Ft
$420
Total Price Drop
-$15,000

Tax History

Year Taxes Assessment
2025 $3,775 $429,000

Financial Details

Annual Property Tax
$3,775
Tax Year 2025
Assessed Value
$429,000

Listing Information

Listing Agent John Demers
Listing Office First Choice Realty Group
Agent MLS ID G9503074
Office MLS ID AC2004
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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Market Analytics for Lawrence, MA

Real-time market trends and pricing data for this area

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