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242 Mount Vernon St

Lawrence, MA 01843

2 bd 1 ba 825 sqft Built 1970 condos
Most recent sale
$240,000
Apr 26, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 14, 2024 Sold $280,000 MLSPIN
Apr 30, 2024 Listed $254,999 MLSPIN
Apr 26, 2022 Sold $240,000 MLS #72955414
Mar 21, 2022 Listed $215,000 MLS #72955414
Feb 8, 2017 Listing removed $1,250 HeroPM
Jan 26, 2017 Listed for rent $1,250 HeroPM
Jun 10, 2016 Listing removed $1,250 HeroPM
Jun 2, 2016 Listed for rent $1,250 HeroPM
Nov 13, 2015 Listing removed $1,250 MLSPIN
Nov 7, 2015 Listing removed $1,250 HeroPM
Oct 27, 2015 Listed for rent $1,250 HeroPM
Oct 26, 2015 Listed for rent $1,250 MLSPIN

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $239,000 $239,000 $2,103
2024 $206,100 $206,100 $1,906
2023 $166,500 $166,500 $1,692
2022 $148,100 $148,100 $1,694
2021 $125,900 $125,900 $1,545
2020 $118,000 $118,000 $1,467
2019 $105,300 $105,300 $1,441
2018 $82,100 $82,100 $1,176
2017 $74,400 $74,400 $1,141
2016 $80,500 $80,500 $1,249
2015 $80,500 $80,500 $1,217
2014 $80,200 $80,200 $1,252
2006 $152,800 $152,800 $1,354
2005 $75,100 $75,100 $728

Property facts

Year built
1970
Property type
condos
Stories
1
Beds
2
Baths
1
Living area
825 sqft
Lot size
ZIP code
01843
City
Lawrence
Street
Mount Vernon St
Coordinates
42.68204, -71.17184

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,393
Gross rental yield
11.97%
Implied cap rate
7.78%
Trend-extrapolated value

Frequently asked questions

When did 242 Mount Vernon St last sell?
242 Mount Vernon St most recently sold on Apr 26, 2022 for $240,000.
What is the current tax assessment for 242 Mount Vernon St?
The most recent total assessment for 242 Mount Vernon St (year 2025) is $239,000 with $2,103 in property tax.
How does 242 Mount Vernon St's assessment compare to its last sale price?
The current assessment is 0.4% below the last sale price of $240,000.
When was 242 Mount Vernon St built?
242 Mount Vernon St was built in 1970.
How does 242 Mount Vernon St compare to others on Mount Vernon St?
We track 8 other properties on Mount Vernon St. Browse the list under "Other properties on Mount Vernon St" to compare beds, baths, and sale history.
What are the property facts for 242 Mount Vernon St?
242 Mount Vernon St is a 2 bed, 1 bath, 825 sqft condos.
Is 242 Mount Vernon St a flip candidate?
No — 242 Mount Vernon St does not appear in our flips dataset.
Is 242 Mount Vernon St a tax-appeal candidate?
No — 242 Mount Vernon St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.8%
Implied 1-yr
+11.3%
2026 Q3
$680.3K
2026 Q4
$696.6K
ZIP 01843 — Median Price History + Forecast

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