NOT LISTED FOR SALE

Estimated Value: $633,000 - $671,000

6 Beds
2 Baths
3,134 Sq Ft
$206/Sq Ft Est. Value

Last Sold October 18, 2024

Last sale price $615,000 $196 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,914/month

21 Days on Market

Highlights

  • Medical Services
  • Wood Flooring
  • Tennis Courts
  • Property is near public transit
  • Community Pool
  • Jogging Path

About This Home

As of October 2024

Great size 2 Family located in South Lowell in a nice neighborhood. Each unit offers ample living space for 4 Bedrooms 1 bath. Promising investment opportunity as a rental property or as owner occupied. The enclosed porches, perfect for enjoying sunny days & outdoor relaxation. Separate Utilities, The entire property is equipped with baseboard natural gas heating, updated Electric, Public Water & Sewer. Close to public transportation and shopping center. Rents are month to month and below market Value!

Last Agent to Sell the Property

Mirna Bechara

Berkshire Hathaway HomeServices Verani Realty Methuen Listed on: 08/05/2024

Berkshire Hathaway HomeServices Verani Realty Methuen

Last Buyer's Agent

Jose Tineo

Keller Williams Realty North Central

Keller Williams Realty North Central

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,775

Year Built

  • Built in 1910

Lot Details

  • 2,178

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,134 Sq Ft Home
  • Property has 1 Level
  • Insulated Windows
  • Insulated Doors
  • Storm Windows
  • Washer Hookup

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Dirt Floor

Parking

  • Driveway
  • Open Parking

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Lowell Elementary And Middle School
  • Lowell High School

Additional Features

  • Enclosed Patio or Porch
  • 2,178 Sq Ft Lot
  • 2 Heating Zones

Listing and Financial Details

  • Legal Lot and Block 10 / 405
  • Assessor Parcel Number M:205 B:405 L:10,3193690

Community Details

Overview

  • 2 Units
  • Near Conservation Area

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Tennis Courts
  • Community Pool
  • Park
  • Jogging Path
  • Bike Trail

Building Details

  • Net Operating Income $21,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,775

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1910
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood, Tile, Vinyl, Carpet, Hardwood
  • Door Features: Insulated Doors
  • Fireplace YN: No
  • Total Bedrooms: 6
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Laundry Features: Washer Hookup
  • Basement: Full, Dirt Floor
  • Living Area: 3134
  • Spa YN: No
  • Stories Total: 3
  • Window Features: Insulated Windows, Storm Window(s)
  • MAIN LO: AN0992
  • MAIN SO: K95580

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Enclosed
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Oven, Washer Hookup
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • COOLING ZONES: 0
  • Hot Water: Natural Gas, Tank

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, University
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:205 B:405 L:10,3193690
  • Zoning: TSF
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.05
  • Lot Size Sq Ft: 2178
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 5775
  • Tax Block: 405
  • Tax Lot: 10

Multi Family

  • Net Operating Income: 21600
  • Number Of Units Total: 2
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: N
  • LEASE 1: N

MLS Schools

  • High School: Lowell
  • Elementary School: Lowell
  • Middle Or Junior School: Lowell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 20, 2022
Sold by
Alkhoury Fadi and Alkhoury Della
Bought by
Khoury Ft and Khoury
Current Estimated Value
$645,269

Purchase Details

Closed on
Jun 13, 2013
Sold by
Alkhoury Fadi
Bought by
Alkhoury Fadi and Alkhoury Della

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2012
Sold by
Nelson Eugene H
Bought by
Alkhoury Fadi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,210
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 27, 2004
Sold by
Trafalgar Rt and Nelson
Bought by
Nelson Eugene H
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Khoury Ft -- None Available
Khoury Ft -- None Available
Alkhoury Fadi -- --
Alkhoury Fadi -- --
Alkhoury Fadi -- --
Alkhoury Fadi $194,000 --
Nelson Eugene H -- --
Nelson Eugene H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alkhoury Fadi $150,000
Previous Owner Alkhoury Fadi $187,210
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2024 10/18/24 Sold $615,000 -3.9% $196 / Sq Ft
08/26/2024 08/26/24 Pending -- -- --
08/05/2024 08/05/24 For Sale $639,900 -- $204 / 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 $6,274 $546,500 $95,700 $450,800
2024 $5,775 $484,900 $86,400 $398,500
2023 $5,379 $433,100 $75,100 $358,000
2022 $4,858 $382,800 $59,200 $323,600
2021 $4,505 $334,700 $51,500 $283,200
2020 $4,059 $303,800 $42,900 $260,900
2019 $3,691 $262,900 $39,700 $223,200
2018 $3,739 $237,500 $37,800 $199,700
2017 $3,333 $223,400 $41,300 $182,100
2016 $3,390 $223,600 $41,500 $182,100
2015 $2,814 $181,800 $41,500 $140,300
2013 $2,781 $185,300 $47,900 $137,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73273927

MLS Property Information Network (MLS PIN)

APN: LOWE-000205-000405-000010