5 Lafayette Ave, Lawrence MA 01843

Lawrence, MA 01843 • South Lawrence - Mount Vernon
$479,900
Est. $2,941/month
3
Beds
1
Baths
1,120
Sq Ft
$428
Price/Sq Ft
0.15
Acres
1965
Year Built
22
Days on Market
Active Price Drop -$5,000 Open House Listed Nov 14, 2025 • MLS# 73448065 Copied!

About this home

OPEN HOUSE: SUNDAY 11AM-12:30PM!! 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

Open House Schedule

07
Dec
Sunday, December 7
11:00 AM - 12:30 PM EST

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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Schools

Elementary School
South Lawrence East Elementary
Rating information coming soon
Middle School
Frost Middle
Rating information coming soon
High School
Lawrence High
Rating information coming soon

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

1
Price Changes
1%
Price Range

Property Timeline

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
$484,900
Original listing
Office: First Choice Realty Group

Price & Status History

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

Market Statistics

Days on Market
22 days
Price per Sq Ft
$428
Total Price Drop
-$5,000

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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