1 Ames Place Lowell, MA 01851
Lower Highlands NeighborhoodEstimated Value: $482,000 - $539,000
5
Beds
2
Baths
2,235
Sq Ft
$229/Sq Ft
Est. Value
About This Home
As of December 2021Great 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!
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
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,864
Avg. Annual Appreciation
9.29%
Original Mortgage
$372,135
Outstanding Balance
$345,677
Interest Rate
3.09%
Mortgage Type
FHA
Estimated Equity
$172,079
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
Similar Homes in Lowell, MA
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Home Values in the Area
Average Home Value in this Area
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
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
-
Hongyan Sun
H
Seller's Agent in 2021
Hongyan Sun
Stonebridge Realty
(978) 881-4365
1 in this area
93 Total Sales
-
Kevin Herrera
K
Buyer's Agent in 2021
Kevin Herrera
Real Broker MA, LLC
1 in this area
9 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72907857
APN: LOWE-000121-000130-000001
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