242 Mount Vernon St. # 5, Lawrence MA 01843

Lawrence, MA 01843

$270,000

Beds

Baths

785

Sq Ft

$344

Price/Sq Ft

1970

Year Built

Garage Space

Condominium

Type

Days on Market

Sold Listed Apr 7, 2025 • MLS# 73355865 Copied! • Updated May 30, 2025

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Sale Statistics

Sale Overview

Original List Price: $259,000

                            Final Sale Price:
                            $270,000
                        

Difference: +$11,000 (+4.2%)

Performance Metrics

104.2%

List to Sale Ratio

Sold above asking price

Days on Market

Quick sale

Price per Square Foot Analysis

Original $/sq ft: $330

                            Sale $/sq ft:
                            $344
                        

This property sold for $344 per square foot

Sale Summary

This property sold for 4.2% above the original asking price, indicating strong buyer demand.

With only 17 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 6 similar properties sold within 0.5 miles in the last 90 days

This Property

$344/sq ft

Area Median

$336/sq ft

Difference

+2.5%

This property sold slightly above the area median for similar homes.

About this home

*OFFER ACCEPTED SUNDAY OPEN HOUSE CANCELLED* This charming condo at Pine Hills offers a comfortable & convenient living experience. Inside, you'll find a spacious layout with a balcony & plenty of natural light, perfect for relaxation & entertaining. The unit is equipped with central air, ensuring year-round comfort. Additionally, there is a storage closet in the attic, providing extra space for your belongings. As part of the Pine Hills community, you'll enjoy a range of desirable amenities, including an in-ground pool for those warm summer days, a fitness facility to keep you active, & an outdoor BBQ area ideal for grilling & social gatherings. For your convenience, there’s an on-site laundry facility & a designated carport parking spot. The location is also a major plus, with proximity to the Andover Country Club, making it perfect for golf enthusiasts.

Public Records & Permits

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Recently Sold Nearby

Property History

Market Insights

4.1%

Price Range

Total Days on Market

Property Timeline

✓

Sold

May 30, 2025

$270,000

Property sold

Days on Market: 19

🏠

Listed for Sale

Apr 7, 2025

$259,000

Original listing

Office: Lamacchia Realty, Inc.

Date	Event	Price	Change	$/sqft	Details
05/30/2025	✓ Sold	$270,000	-	-	Property sold
04/07/2025	🏠 Listed for Sale	$259,000	-	-	Original listing

Tax History

Year	Taxes	Assessment
2025	$2,013	$228,700

Financial Details

Annual Property Tax

$2,013

Tax Year 2025

HOA Fee

$370

Monthly

Assessed Value

$228,700

Facts & Features

1 Car Garage

Central AC

Home Facts

Type Residential

Style Condominium

Year Built 1970

Living Area 785 sq ft

Bedrooms 2

Full Baths 1

Total Rooms 4

Interior

Heating Electric

Cooling Central Air

Flooring None

Appliances None

Fireplace None

Basement N

Laundry Common Area

Features None

Exterior

Construction None

Architecture None

Roof None

Features Balcony, Professional Landscaping, Other

Pool Association, In Ground

Spa None

Fencing None

Patio/Porch None

Parking

Garage Spaces 1

Has Garage Yes

Features Carport, Assigned

Total Spaces 2

Utilities

Electric None

Water Public

Sewer Public Sewer

Gas None

Other None

Financial

Annual Tax $2,013

Assessed Value $228,700

HOA & Community

HOA Fee $370 Monthly

Fee Includes Water, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash

Amenities Hot Water, Pool, Laundry, Fitness Center, Clubhouse

Optional Fee Includes None

MA Disclosures

Seller Disclosures Estate Sale; Seller Must Obtain A License To Sell Prior To Closing. Being Sold As-is. Sellers Have Never Lived On The Property And Make No Warranties. Measurements Are Approximate. Tax Estimates Obtained From Public Record. Buyer To Do Their Own Due Diligence. List Agent Related To Seller.

Additional Details

Possession None

Accepted Financing None

Structure Type ["Attached"]

Unit/Building 5

Sq Ft Source Public Record

Sq Ft Disclosures Living area square footage is approximate. Buyer to do own due diligence.

Documents Master Deed, Rules & Regs, Management Association Bylaws, Association Financial Statements (4)

County Essex

Total market time (incl. prior listings) 19 days

Property Overview

Property Type

Condominium

Listing Type

Sold

Year Built

1970

Bedrooms

Full Bathrooms

Living Area

785 sq ft

Total Rooms

Stories

Entry Level

Floor Layout

Interior Features

Flooring:

Appliances:

Interior Features:

Windows:

Basement: N

Laundry: Common Area

Security:

Construction & Materials

Year Built: 1970

Structure Type: Attached

Exterior Materials:

Roof:

Foundation:

Stories: 1

Heating, Cooling & Utilities

Heating: Electric

Cooling: Central Air

Hot Water:

Water Source: Public

Sewer: Public Sewer

Energy Features:

Exterior & Lot

Exterior Features: Balcony, Professional Landscaping, Other

Patio & Porch:

Fencing:

Other Structures:

Lot Features:

Road Surface:

Parking & Garage

Garage Spaces: 1

Total Parking Spaces: 2

Parking Features: Carport, Assigned

Nearby Schools

School information not available for this location.

Location

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Neighborhood

242 Mount Vernon St. # 5, Lawrence MA 01843

Lawrence, MA 01843

Listing Information

Listing Office Lamacchia Realty, Inc.

Office Phone 781-917-0491

Agent MLS ID CN248649

Office MLS ID AN6936

Listing Data Updated May 30, 2025 1:59 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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Steve Novak Real Estate

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mail@steve-novak.com

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