240 Colonial Rd
Lawrence, MA 01843
3 bd 2 ba 2,391 sqft Built 1960 Lot 27,007 sqft single_family
Most recent sale
$499,000
Oct 20, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 20, 2022 | Sold | $499,000 | MLS #73033659 |
| Sep 7, 2022 | Listed | $499,900 | MLS #73033659 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $345,900 | $172,000 | $517,900 | $4,558 |
| 2024 | $310,300 | $149,000 | $459,300 | $4,249 |
| 2023 | $291,100 | $149,000 | $440,100 | $4,471 |
| 2022 | $245,600 | $133,400 | $379,000 | $4,336 |
| 2021 | $198,500 | $129,300 | $327,800 | $4,022 |
| 2020 | $191,100 | $111,600 | $302,700 | $3,763 |
| 2019 | $168,800 | $115,500 | $284,300 | $3,889 |
| 2018 | $150,200 | $113,500 | $263,700 | $3,776 |
| 2017 | $126,100 | $111,300 | $237,400 | $3,642 |
| 2016 | $127,400 | $81,300 | $208,700 | $3,237 |
| 2015 | $127,400 | $71,300 | $198,700 | $3,004 |
| 2014 | $120,900 | $91,200 | $212,100 | $3,311 |
| 2006 | $190,800 | $110,100 | $300,900 | $2,666 |
| 2005 | $162,500 | $91,700 | $254,200 | $2,466 |
| 2004 | $120,700 | $91,700 | $212,400 | $2,557 |
| 2003 | $120,700 | $91,700 | $212,400 | $2,564 |
Property facts
Year built
1960
Property type
single_family
Stories
—
Beds
3
Baths
2
Living area
2,391 sqft
Lot size
27,007 sqft
ZIP code
01843
City
Lawrence
Street
Colonial Rd
Coordinates
42.68461, -71.15095
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,994
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 240 Colonial Rd last sell?
240 Colonial Rd most recently sold on Oct 20, 2022 for $499,000.
What is the current tax assessment for 240 Colonial Rd?
The most recent total assessment for 240 Colonial Rd (year 2025) is $517,900 with $4,558 in property tax.
How does 240 Colonial Rd's assessment compare to its last sale price?
The current assessment is 3.8% above the last sale price of $499,000.
When was 240 Colonial Rd built?
240 Colonial Rd was built in 1960.
How does 240 Colonial Rd compare to others on Colonial Rd?
We track 6 other properties on Colonial Rd. Browse the list under "Other properties on Colonial Rd" to compare beds, baths, and sale history.
What are the property facts for 240 Colonial Rd?
240 Colonial Rd is a 3 bed, 2 bath, 2,391 sqft, 27,007 sqft lot single_family.
Is 240 Colonial Rd a flip candidate?
No — 240 Colonial Rd does not appear in our flips dataset.
Is 240 Colonial Rd a tax-appeal candidate?
No — 240 Colonial Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.8%
Implied 1-yr
+11.3%
2026 Q3
$680.3K
2026 Q4
$696.6K
ZIP 01843 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Colonial Rd