Sold for $480,000

$480,000

5 Mount Vernon Ter, Lawrence, MA 01843

3beds

1,612sqft

Single Family Residence

Built in 1965

10,600 Square Feet Lot

$610,200 Zestimate^®

$298/sqft

$3,457 Estimated rent

Home value

$610,200

$580,000 - $641,000

$3,457/mo

Zestimate^® history

Owner options

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$3,457/mo

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$3,457/mo

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$3,007/mo

Est. payment

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$3,007/mo

Est. payment

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What's special

Unique larger ranch in sought after Mount Vernon area. With a fireplaced living room, inground pool, spacious master suite and bar area for entertaining in the partially finished basement, this home truly has something for everyone. Current office could be used as a 3rd bedroom. Newer roof (9 years), brand new boiler, and meticulous maintainence help the pride of ownership shine through. Central AC and skylit living room and bedrooms. Whirlpool tub in the master suite. Did we mention the garage underneath with space for three vehicles. Must be seen to truly appreciate. Home is move in ready, looking to sell as is with remaining furniture and oil included in sale.

Facts & features

Interior

Bedrooms & bathrooms

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

Heating

Central, Baseboard, Oil

Cooling

Central Air

Appliances

Included: Water Heater, Range, Dishwasher, Refrigerator, Washer, Dryer
Laundry: Washer Hookup

Features

Walk-up Attic, Internet Available - Broadband
Flooring: Wood, Tile, Carpet, Concrete
Basement: Full,Partially Finished,Walk-Out Access,Interior Entry,Garage Access,Concrete
Number of fireplaces: 1

Interior area

Total structure area: 1,612
Total interior livable area: 1,612 sqft

Property

Parking

Total spaces: 8
Parking features: Under, Paved Drive, Off Street
Attached garage spaces: 3
Uncovered spaces: 5

Accessibility

Accessibility features: No

Features

Patio & porch: Deck, Deck - Composite, Patio
Exterior features: Deck, Deck - Composite, Patio, Pool - Inground, Fenced Yard
Has private pool: Yes
Pool features: In Ground
Fencing: Fenced/Enclosed,Fenced

Lot

Size: 10,600 Square Feet

Details

Parcel number: LAWRM0198B0000L0005
Zoning: RN

Construction

Type & style

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

Materials

Frame
Foundation: Concrete Perimeter
Roof: Shingle

Condition

Year built: 1965

Utilities & green energy

Electric: Circuit Breakers, 100 Amp Service
Sewer: Public Sewer
Water: Public
Utilities for property: Washer Hookup

Community & HOA

Community

Features: Public Transportation

HOA

Has HOA: No

Location

Region: Lawrence

Financial & listing details

Price per square foot: $298/sqft
Tax assessed value: $434,000
Annual tax amount: $4,409
Date on market: 12/9/2025

Price history

Date	Event	Price
12/7/2023	Sold	$480,000-7.7%$298/sqft
Source: MLS PIN #73157722 Report a problem
10/24/2023	Pending sale	$520,000$323/sqft
Source: Berkshire Hathaway HomeServices Verani Realty #73157722 Report a problem
10/24/2023	Contingent	$520,000$323/sqft
Source: MLS PIN #73157722 Report a problem
10/10/2023	Price change	$520,000-3.7%$323/sqft
Source: MLS PIN #73157722 Report a problem
9/26/2023	Listed for sale	$540,000$335/sqft
Source: MLS PIN #73157722 Report a problem
9/19/2023	Contingent	$540,000$335/sqft
Source: MLS PIN #73157722 Report a problem
9/10/2023	Listed for sale	$540,000$335/sqft
Source: MLS PIN #73157722 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,498 +7.7%	$511,100 +13.2%
2024	$4,175 -5.3%	$451,400 +4%
2023	$4,409	$434,000
2022	$4,409 +7.1%	$434,000 +29.4%
2021	$4,117 +1.9%	$335,500 +3.2%
2020	$4,041 +1.3%	$325,100 +11.5%
2019	$3,989 +6.7%	$291,600 +11.7%
2018	$3,738 +0.5%	$261,000 +7.6%
2017	$3,721 +3.9%	$242,600 +5.1%
2016	$3,581 +2.6%	$230,900
2015	$3,491 +2.4%	$230,900 +5.7%
2014	$3,409 +3.5%	$218,400
2013	$3,293 +5.2%	$218,400 -0.3%
2012	$3,130 +5.5%	$219,000 -0.7%
2011	$2,966 +6%	$220,500 -1%
2010	$2,799 +5%	$222,700 -10.6%
2009	$2,665 -6.7%	$249,100 -12.7%
2008	$2,855 +8.1%	$285,200 -0.3%
2007	$2,640 +7.3%	$286,000 +3%
2006	$2,461 +6.5%	$277,800 +16.7%
2005	$2,310 +5%	$238,100 +30.4%
2004	$2,199 -0.2%	$182,600
2003	$2,204 +7%	$182,600 +37.8%
2002	$2,059 -0.8%	$132,500
2000	$2,075 -18.9%	$132,500 +0.1%
1997	$2,559	$132,360