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7 Westwood Terrace, Lawrence MA 01843

Lawrence, MA 01843 • South Lawrence
$574,900
Est. $3,499/month
3
Beds
1
Baths
2,079
Sq Ft
$277
Price/Sq Ft
0.20
Acres
1959
Year Built
40
Days on Market
Active Price Drop -$25,000 Listed Apr 15, 2026 • MLS# 73502195 Copied!

About this home

Incredible value!!! Welcome to the amazing Mount Vernon community! Don't miss this desirable, meticulously maintained property! Set on nearly a quarter acre, this traditional Cape home features a FENCED-IN BACKYARD with full SPRINKLER SYSTEM, ONE-CAR GARAGE, and easy one-level living with exceptional EXPANSION POTENTIAL! Easily enter from the garage or front door through a bright and versatile sunroom/mudroom that flows right into the eat-in kitchen with a NEWER OVEN AND FRIDGE. The main level also offers a sun-filled living room, three bedrooms, and a full bath. The lower level offers 810 sqft of HEATED, FINISHED SPACE ideal for a family room, home office, gym, or game room. Laundry located in the utility room. The second floor has 1,080 sqft of unfinished space presenting incredible opportunity for expansion. Conveniently located near I-93 & I-495, the MBTA, Greater Lawrence Tech, local trails, shopping, and more. A truly wonderful find offering flexibility and huge EQUITY potential!

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Property Overview

Property Type
Single Family Residence
Listing Type
For Sale
Year Built
1959
Bedrooms
3
Full Bathrooms
1
Living Area
2,079 sq ft
Total Rooms
6

Facts & Features

1 Car Garage
Central AC

Home Facts

Type Residential
Style Single Family Residence
Year Built 1959
Living Area 2,079 sq ft
Lot Size 0.20 acres
Bedrooms 3
Full Baths 1
Total Rooms 6

Interior

Heating Central
Cooling Central Air
Flooring Wood, Tile
Appliances Water Heater, Oven, Dishwasher, Disposal, Range, Refrigerator, Washer, Dryer
Fireplace None
Fireplaces 1
Basement Full, Partially Finished, Interior Entry, Bulkhead
Laundry In Basement
Features Attic Access, Sun Room, Walk-up Attic

Exterior

Construction None
Architecture Cape
Roof Shingle
Features Porch - Enclosed
Pool None
Spa None
Fencing Fenced/enclosed
Patio/Porch Porch - Enclosed

Parking

Garage Spaces 1
Has Garage Yes
Features Attached, Paved Drive, Off Street, Driveway, Paved
Total Spaces 2

Utilities

Electric 200+ Amp Service
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $4,700
Assessed Value $546,900

Interior Features

Flooring: Wood, Tile
Appliances: Water Heater, Oven, Dishwasher, Disposal, Range, Refrigerator, Washer, Dryer
Interior Features: Attic Access, Sun Room, Walk-up Attic
Windows:
Basement: Full, Partially Finished, Interior Entry, Bulkhead
Laundry: In Basement
Security: Security System

Construction & Materials

Style: Cape
Year Built: 1959
Structure Type:
Exterior Materials:
Roof: Shingle
Foundation: Concrete Perimeter

Heating, Cooling & Utilities

Heating: Central
Heating Zones: 1
Cooling: Central Air
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Porch - Enclosed
Patio & Porch: Porch - Enclosed
Fencing: Fenced/Enclosed
Other Structures:
Lot Features:
Road Surface: Paved

Parking & Garage

Garage Spaces: 1
Garage Type: Attached
Total Parking Spaces: 2
Parking Features: Attached, Paved Drive, Off Street, Driveway, Paved

Special Features

Fireplaces: 1
Fireplace Type:
Community Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Highway Access, Private School, Public School

Location

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Neighborhood

South Lawrence

7 Westwood Terrace, Lawrence MA 01843

Lawrence, MA 01843

Walkability

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Nearby Schools

School information not available for this location.

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 $392
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
4.2%
Price Range

Property Timeline

Price Reduced
May 13, 2026
$574,900 $10,000 (-1.71%)
From $584,900 to $574,900 (-1.7%)
👁️
Showing Instructions Updated
May 12, 2026
New showing requirements
Price Reduced
May 6, 2026
$584,900 $15,000 (-2.5%)
From $599,900 to $584,900 (-2.5%)
👁️
Showing Instructions Updated
May 4, 2026
New showing requirements
🏠
Listed for Sale
Apr 15, 2026
$599,900
Original listing
Agent: Lisa Sheehan Office: Berkshire Hathaway HomeServices Robert Paul Properties

Price & Status History

Date Event Price Change
May 13, 2026 Price Changed $574,900 -$10,000
May 6, 2026 Price Changed $584,900 -$15,000
Apr 15, 2026 New Listing Added $599,900

Market Statistics

Days on Market
40 days
Price per Sq Ft
$277
Total Price Drop
-$25,000

Tax History

Year Taxes Assessment
2026 $4,700 $546,900

Financial Details

Annual Property Tax
$4,700
Tax Year 2026
Assessed Value
$546,900

Listing Information

Listing Agent Lisa Sheehan
Listing Office Berkshire Hathaway HomeServices Robert Paul Properties
Agent MLS ID E9500664
Office MLS ID AN6521
Listing Data Updated May 17, 2026 1:24 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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Market Analytics for Lawrence, MA

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