NOT LISTED FOR SALE

Estimated Value: $491,000 - $604,000

5 Beds
2 Baths
2,235 Sq Ft
$244/Sq Ft Est. Value

Last Sold December 17, 2021

Last sale price $379,000 $170 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $3,227/month

18 Days on Market

About This Home

As of December 2021

Great Investment Opportunity! Newly updated 2 Family located in a dead end street near shopping and entertainment. First floor unit has 2 good size bedrooms, living room, a brand new big kitchen with eating area and new bathroom. Second floor has 2 bedrooms, updated kitchen with eating area, updated bathroom, a living room and more living area on the 3rd floor room (3rd bedroom/office) with a current rental income of $1,650 per month. Both units have new floors, freshly painted interior and one new water heater in 2021. Conveniently located in the center of Lowell, minutes away to train to Boston, easy access to highways, UMass, park, shopping, restaurants, entertainments. A must see!

Last Agent to Sell the Property

Hongyan Sun

Stonebridge Realty Listed on: 10/13/2021

Last Buyer's Agent

Kevin Herrera

Real Broker MA, LLC

Real Broker MA, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,179

Year Built

  • 1900

Lot Details

  • 1,742

Additional Features

  • Property has 1 Level
  • 2 Heating Zones

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,179

Year Built

1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Directions: School St to Ames Place
  • Garage Yn: No
  • Road Frontage Type: Public
  • Year Built Details: Approximate
  • Special Features: None
  • Year Built: 1900

Interior Features

  • Appliances: Gas Water Heater
  • Has Basement: Full, Interior Entry, Concrete, Unfinished
  • Total Bathrooms: 2
  • MAIN LO: AN5513
  • LIST PRICE PER Sq Ft: 169.57
  • PRICE PER Sq Ft: 169.57
  • MAIN SO: NB4126
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace: No
  • Stories: 3

Exterior Features

  • Foundation Details: Stone
  • Disclosures: 2nd Floor Tenants Convey With House W/ A Taw Lease. Rent 1650/M. 1st Floor Is Vacant. Rent 1150/M Before September 2020. Gross Income Is An Estimation. Seller/Agent Make No Representation Or Warranties Regarding The Accuracy Of The Description Of This Listing. Buyer/Agent Do Their Own Due Diligence.
  • Lot Features: Level
  • Waterfront: No

Garage/Parking

  • Parking Features: Assigned
  • Total Parking Spaces: 2

Utilities

  • HEAT ZONES: 2
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Public School, T-Station, University

Lot Info

  • LOT SIZE: 1560
  • PAGE: 36
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 1742.4
  • Zoning: M2001

Multi Family

  • LEVELS 1: 1
  • LEVELS 2: 2
  • LEASE 2: Y
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2
  • Annual Gross Income: 33600
  • Property Net Operating Income: 33600
  • Number Of Units Total: 2
  • Total Actual Rent: 2800

Tax Info

  • Tax Annual Amount: 3805
  • Tax Book Number: 23715
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2021
Closed on
Dec 17, 2021
Sold by
Li Dongyuan and Shi Quan
Bought by
Herrera David
Seller's Agent
Hongyan Sun
Stonebridge Realty
Buyer's Agent
Kevin Herrera
Real Broker MA, LLC
List Price
$379,000
Sold Price
$379,000
Current Estimated Value
$510,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,518
Avg. Annual Appreciation
10.43%
Original Mortgage
$372,135
Outstanding Balance
$345,677
Interest Rate
3.09%
Mortgage Type
FHA
Estimated Equity
$198,622

Purchase Details

Closed on
Jan 27, 2010
Sold by
Caten Neal
Bought by
Li Dongyuan and Shi Quan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,300
Interest Rate
4.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 25, 2009
Sold by
Us Bk
Bought by
Caten Neal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,750
Interest Rate
5.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 3, 2008
Sold by
Lun Dara R and Us Bk
Bought by
Us Bk

Purchase Details

Closed on
May 4, 2006
Sold by
Lakmany Somphone and Moeun Than
Bought by
Lun Dara R and Thiv Samoeun K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
6.34%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 1, 2000
Sold by
Cymbura William W and Marques Anthony E
Bought by
Lakmany Nane
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Herrera David $379,000 None Available
Li Dongyuan $132,500 --
Li Dongyuan $132,500 --
Caten Neal $65,000 --
Caten Neal $65,000 --
Us Bk $156,000 --
Us Bk $156,000 --
Lun Dara R $260,000 --
Lun Dara R $260,000 --
Lakmany Nane $77,500 --
Lakmany Nane $77,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herrera David $372,135
Closed Herrera David $372,135
Previous Owner Li Dongyuan $99,300
Previous Owner Caten Neal $48,750
Previous Owner Lun Dara R $208,000
Previous Owner Lun Dara R $52,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2021 12/17/21 Sold $379,000 0.0% $170 / Sq Ft
11/01/2021 11/01/21 Pending -- -- --
10/13/2021 10/13/21 For Sale $379,000 -- $170 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,179 $451,100 $115,100 $336,000
2024 $4,771 $400,600 $103,600 $297,000
2023 $4,435 $357,100 $90,100 $267,000
2022 $4,104 $323,400 $81,900 $241,500
2021 $3,805 $282,700 $71,200 $211,500
2020 $3,436 $257,200 $62,200 $195,000
2019 $3,269 $232,800 $57,600 $175,200
2018 $2,845 $209,300 $52,400 $156,900
2017 $2,848 $190,900 $47,700 $143,200
2016 $2,570 $169,500 $45,400 $124,100
2015 $2,393 $154,600 $46,400 $108,200
2013 $2,205 $146,900 $55,600 $91,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72907857

MLS Property Information Network (MLS PIN)

APN: LOWE-000121-000130-000001