Ayer Street is named after the Ayer family of Lowell MA and the wife of William M. Wood, Ellen Ayer.

This home was built as part of the Shawsheen Village development 1918 – 1924 by William M. Wood, President of the American Woolen Company. Wood hired about eight different architects to design the homes and structures for the village. Homes were sold or rented through the Homestead Association who had offices in the Post Office building on the corner of North Main & Poor Streets.

After the death of William M. Wood in Feb. 1926 most of the residential and commercial buildings were then sold. Some were held by the Wood family in the "Arden Trust" and others with the American Woolen Company, which had been deeded the property in December 1920. The A.W.Co. Board of Directors authorized its President, Lionel J. Noah, to deliver all deeds, as deemed necessary to the Textile Realty for sale on Dec. 29, 1931.

The Textile Realty then transferred ownership to the Andover Shawsheen Realty Company on June 30, 1932, holding the mortgage on the properties. T. Edwin Andrew, treasurer, was authorized to sell or rent the properties. With the Great Depression sales were sluggish and many homes were rented until the economy rebounded.

This house lot, however, was sold directly by the American Woolen Company, by William M. Wood, President, to Mary E. Woodhead on April 7, 1923. The deed mentions that this lot was a portion of the former Frye Farm. [ see 67 Poor St. ] The parcel came with all the deeds restrictions at that time with included setbacks, cost of the home, no hen houses, garage style if built and use of the home as a residence or professional office such as doctor or dentist.

Mary E. Woodhead later placed the deed in both her name and her husband Edmund S. Woodhead on Aug. 3, 1927 which then included the home. It has been suggested that the home was moved to this location when Corbert St. was relocated and Sherbourne St. built. There is no substantiation of this, and no current maps available that provide any evidence.

Mary E. & Edmund S. Woodhead owned the home for 19 years then selling to Fred & Alice Lloyd on May 1, 1942. Fred Lloyd was a superintendent of the Arlington Mill in Lawrence in 1943. The Lloyds sold to Pasquale Giovinco on Sept. 8, 1944. Pasquale Giovinco b. 1902 is listed as an Executive manager in 1961. His wife Sarahfina b. 1906, known as Sarah is a housewife. a son Calogero A. is also listed. They share the home with Walter & Jenny Lloyd. Walter is a salesman.

The Giovinco Family owned the home for 45 years then sold to Jenny Lloyd on July 13, 1989. The home remains in the Lloyd Family Trust with son Steven W. Lloyd as trustee of record in 2015.