Pending

$509,900

159 Olive Ave, Lawrence, MA 01841

3beds

1,178sqft

$3,157/mo

Get pre-qualified

Single Family Residence

Built in 1920

10,018 Square Feet Lot

$526,000 Zestimate^®

$433/sqft

$-- HOA

What's special

Covered front porchSun-drenched bonus roomPaved drivewayRaised garden bedsHardwood gleams throughoutWalk-out lower levelHuge closets

They don't make lots like this anymore. At 10,000+ SF, notably large for the neighborhood, this 1920 classic gives you what most listings can't: real land, in a desirable neighborhood, just minutes from Route 93. Lovingly maintained, with roof, heating, and electrical all in good shape. Inside, hardwood gleams throughout, a pellet stove keeps the living room warm all winter, and a sun-drenched bonus room is the seat everyone will fight over. Upstairs you’ll find three well-sized bedrooms, each offering huge closets and sharing a full bathroom. The walk-out lower level adds a half-bath and opens straight onto a level, fully fenced private backyard, with raised garden beds. Rooftop solar panels help keep energy costs impressively low and out front you’ll find a covered front porch, paved driveway and on-street parking. Lots like this rarely come up here, see it before someone else does!

33 days

600

14

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 1
1/2 bathrooms: 1

Primary bedroom

Features: Flooring - Hardwood
Level: Second
Area: 132
Dimensions: 11 x 12

Bedroom 2

Features: Flooring - Hardwood
Level: Second
Area: 132
Dimensions: 11 x 12

Bedroom 3

Features: Flooring - Hardwood
Level: Second
Area: 110
Dimensions: 10 x 11

Bathroom 1

Features: Bathroom - Full, Flooring - Stone/Ceramic Tile, Enclosed Shower - Plastic, Soaking Tub
Level: Second

Bathroom 2

Features: Bathroom - Half
Level: Basement

Dining room

Features: Flooring - Hardwood, Window(s) - Bay/Bow/Box
Level: Main,First
Area: 165
Dimensions: 11 x 15

Kitchen

Features: Flooring - Stone/Ceramic Tile, Exterior Access, Gas Stove
Level: Main,First
Area: 120
Dimensions: 10 x 12

Living room

Features: Wood / Coal / Pellet Stove, Flooring - Wood
Level: Main,First
Area: 216
Dimensions: 12 x 18

Heating

Hot Water, Steam, Oil, Pellet Stove

Cooling

Window Unit(s)

Appliances

Included: Water Heater, Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer

Features

Sun Room, Finish - Sheetrock, Internet Available - Unknown
Flooring: Wood, Tile, Hardwood
Doors: French Doors
Basement: Full,Walk-Out Access,Interior Entry,Concrete,Unfinished
Has fireplace: No

Interior area

Total structure area: 1,178
Total interior livable area: 1,178 sqft
Finished area above ground: 1,178

Property

Parking

Total spaces: 2
Parking features: Paved Drive, Off Street, Paved
Uncovered spaces: 2

Features

Patio & porch: Porch, Patio, Covered
Exterior features: Porch, Patio, Covered Patio/Deck, Rain Gutters, Storage, Fenced Yard, Garden, Lighting, Stone Wall
Fencing: Fenced/Enclosed,Fenced

Lot

Size: 10,018 Square Feet
Features: Cleared, Gentle Sloping, Level

Details

Foundation area: 702
Parcel number: M:0240 B:0000 L:0064,4212451
Zoning: R2

Construction

Type & style

Home type: SingleFamily
Architectural style: Craftsman
Property subtype: Single Family Residence

Materials

Frame
Foundation: Stone
Roof: Asphalt/Composition Shingles,Solar Shingles

Condition

Year built: 1920

Utilities & green energy

Electric: Circuit Breakers
Sewer: Public Sewer
Water: Public
Utilities for property: for Gas Range, for Gas Oven

Green energy

Energy generation: Solar

Community & HOA

Community

Features: Public Transportation, Shopping, Park, Medical Facility, Highway Access, Public School, Sidewalks
Subdivision: Tower Hill

HOA

Has HOA: No

Location

Region: Lawrence

Financial & listing details

Price per square foot: $433/sqft
Tax assessed value: $483,900
Annual tax amount: $4,181
Date on market: 7/22/2026
Listing terms: Estate Sale
Road surface type: Paved

Estimated market value

$526,000

$500,000 - $552,000

$2,864/mo

Price history

Date	Event	Price
8/13/2026	Pending sale	$509,900$433/sqft
Source: MLS PIN #73553467 Report a problem
7/30/2026	Contingent	$509,900$433/sqft
Source: MLS PIN #73553467 Report a problem
7/29/2026	Listed for sale	$509,900$433/sqft
Source: MLS PIN #73553467 Report a problem
7/28/2026	Contingent	$509,900$433/sqft
Source: MLS PIN #73553467 Report a problem
7/22/2026	Listed for sale	$509,900+22.9%$433/sqft
Source: MLS PIN #73553467 Report a problem
6/3/2022	Listing removed	--
Source: MLS PIN #72908412 Report a problem
11/1/2021	Listing removed	$415,000$352/sqft
Source: MLS PIN #72908412 Report a problem
10/27/2021	Price change	$415,000+3.8%$352/sqft
Source: MLS PIN #72908412 Report a problem
10/14/2021	Listed for sale	$399,900+77.8%$339/sqft
Source: MLS PIN #72908412 Report a problem
7/10/2014	Listing removed	$224,900$191/sqft
Source: LAER Realty Partners #71690729 Report a problem
7/8/2014	Price change	$224,900-2.2%$191/sqft
Source: LAER Realty Partners #71690729 Report a problem
6/1/2014	Listed for sale	$229,900-4.2%$195/sqft
Source: LAER Realty Partners #71690729 Report a problem
9/15/2004	Sold	$240,000$204/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,825 +4.6%	$434,700 +9.9%
2024	$3,658 +2.4%	$395,500 +12.5%
2023	$3,571	$351,500
2022	$3,571 -0.8%	$351,500 +19.9%
2021	$3,598 +5.5%	$293,200 +6.8%
2020	$3,412 -0.7%	$274,500 +9.3%
2019	$3,436 +7.1%	$251,200 +12.1%
2018	$3,209 +0.4%	$224,100 +7.6%
2017	$3,195 +8.3%	$208,300 +9.5%
2016	$2,950 +2.6%	$190,200
2015	$2,876 +4.3%	$190,200 +7.6%
2014	$2,758 +3.5%	$176,700
2013	$2,665 -5.7%	$176,700 -10.7%
2012	$2,827 +21.1%	$197,800 +14%
2011	$2,334 +3.9%	$173,500 -2.9%
2010	$2,246 +7.2%	$178,700 -8.7%
2009	$2,095 -5.5%	$195,800 -11.6%
2008	$2,217 +3.1%	$221,500 -4.9%
2007	$2,150 +13.6%	$232,900 +9%
2006	$1,893 +11.9%	$213,700 +22.6%
2005	$1,691 +6.2%	$174,300 +31.7%
2004	$1,593 -0.3%	$132,300
2003	$1,597 +14.6%	$132,300 +47.5%
2002	$1,394 +20.3%	$89,700 +21.2%
2000	$1,159 +5.9%	$74,000 +30.8%
1997	$1,094	$56,590