5 Melrose St
Lawrence, MA 01841
3 bd 1 ba 1,422 sqft Built 1890 Lot 1,260 sqft single_family
Most recent sale
$320,000
Jan 18, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jan 18, 2022 | Sold | $320,000 | MLS #72894782 |
| Jun 4, 2009 | Sold | $56,000 | MLS #70893366 |
| Mar 25, 2009 | Listed | $54,900 | MLS #70893366 |
| Mar 5, 2009 | Listing removed | $69,000 | MLSPIN |
| Dec 20, 2008 | Listed | $69,000 | MLS #70857286 |
| Apr 13, 2007 | Sold | $200,000 | MLS #70514979 |
| Jan 22, 2007 | Listed | $210,000 | MLS #70514979 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $2,700 | $55,100 | $57,800 | $1,064 |
| 2024 | $2,500 | $48,200 | $50,700 | $982 |
| 2023 | $163,700 | $68,700 | $232,400 | $2,361 |
| 2022 | $134,400 | $64,800 | $199,200 | $2,279 |
| 2021 | $114,600 | $64,800 | $179,400 | $2,201 |
| 2020 | $125,300 | $54,000 | $179,300 | $2,229 |
| 2019 | $113,300 | $40,100 | $153,400 | $2,099 |
| 2018 | $97,400 | $36,300 | $133,700 | $1,915 |
| 2017 | $82,100 | $34,400 | $116,500 | $1,787 |
| 2016 | $84,600 | $26,900 | $111,500 | $1,729 |
| 2015 | $81,100 | $26,900 | $108,000 | $1,633 |
| 2014 | $80,500 | $28,100 | $108,600 | $1,695 |
| 2006 | $105,400 | $35,100 | $140,500 | $1,245 |
| 2005 | $83,300 | $48,000 | $131,300 | $1,274 |
| 2004 | $61,000 | $27,900 | $88,900 | $1,070 |
| 2003 | $61,000 | $27,900 | $88,900 | $1,073 |
Property facts
Year built
1890
Property type
single_family
Stories
2
Beds
3
Baths
1
Living area
1,422 sqft
Lot size
1,260 sqft
ZIP code
01841
City
Lawrence
Street
Melrose St
Coordinates
42.70002, -71.17169
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,920
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 5 Melrose St last sell?
5 Melrose St most recently sold on Jan 18, 2022 for $320,000.
What is the current tax assessment for 5 Melrose St?
The most recent total assessment for 5 Melrose St (year 2025) is $57,800 with $1,064 in property tax.
How does 5 Melrose St's assessment compare to its last sale price?
The current assessment is 81.9% below the last sale price of $320,000.
When was 5 Melrose St built?
5 Melrose St was built in 1890.
How does 5 Melrose St compare to others on Melrose St?
We track 3 other properties on Melrose St. Browse the list under "Other properties on Melrose St" to compare beds, baths, and sale history.
What are the property facts for 5 Melrose St?
5 Melrose St is a 3 bed, 1 bath, 1,422 sqft, 1,260 sqft lot single_family.
Is 5 Melrose St a flip candidate?
No — 5 Melrose St does not appear in our flips dataset.
Is 5 Melrose St a tax-appeal candidate?
No — 5 Melrose St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+3.3%
Implied 1-yr
+13.3%
2026 Q2
$731.3K
2026 Q3
$751.3K
ZIP 01841 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Melrose St