NOT LISTED FOR SALE

103 Merrill Ave Lowell, MA 01850

Centralville Neighborhood

Estimated Value: $646,716 - $817,000

6 Beds
2 Baths
2,920 Sq Ft
$252/Sq Ft Est. Value

Last Sold September 25, 2023

Last sale price $670,000 $229 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,449/month

4 Days on Market

Highlights

  • Medical Services
  • Property is near public transit
  • Covered Patio or Porch
  • Deck
  • Wood Flooring
  • Jogging Path

About This Home

As of September 2023

Welcome to this stunning 6 bed/2 bath-two-family home nestled in a peaceful neighborhood in Centralville, boasting exquisite features that are sure to captivate you. This residence offers the perfect blend of modern elegance and comfortable living, high ceilings, and gleaming hardwood floors that exude timeless charm throughout (HW under carpet in unit 103). Highlights of this property are the beautiful covered decks, extending the living space outdoors and providing a serene setting to relax and unwind. The backyard is private and picturesque with flowers all around. Finish the third floor for even more living space. This home has been owned and lovingly cared for by the same family for 16 years. Close proximity to Umass Lowell, public transportation, shopping, Downtown, Lowell General Hospital and hiking trails. Gas and electric both metered separately. Perfect for investors, or owner occupants looking for passive income. Showings start at open house 8/3 at 4PM Offers Due 8/7 at Noon

Last Agent to Sell the Property

Shannon Jenkins

RE/MAX Realty Experts Listed on: 08/03/2023

RE/MAX Realty Experts

Last Buyer's Agent

Juan Concepcion

Realty ONE Group Nest

Realty ONE Group Nest

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,728

Year Built

  • Built in 1900

Lot Details

  • 5,100 Sq Ft Lot
  • Level Lot

Home Design

  • Duplex
  • Stone Foundation

Interior Spaces

  • 2,920 Sq Ft Home
  • Property has 1 Level

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • 1 Car Parking Space
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Covered Patio or Porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • No Cooling
  • 2 Heating Zones
  • Heating Available

Community Details

Overview

  • 2 Units

Amenities

  • Medical Services
  • Shops

Recreation

  • Park
  • Jogging Path
  • Bike Trail

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,728

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1900
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Flooring: Carpet,Hardwood, Unit 1(undefined), Unit 2(Hardwood Floors)
  • Interior Amenities: Unit 1(Pantry,Storage,Walk-In Closet,Bathroom With Tub & Shower), Unit 2(Ceiling Fans,Pantry,Storage,Walk-In Closet,Bathroom With Tub & Shower), Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range), Unit 2(Range,Dishwasher,Microwave,Refrigerator), Utility Connections for Electric Range
  • Total Bedrooms: 6
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full, Interior Entry, Unfinished
  • Living Area: 2920
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN1944
  • MAIN SO: AN6420

Exterior Features

  • Exterior Features: Porch,Deck - Roof,Covered Patio/Deck,Balcony,Garden Area, Unit 1 Balcony/Deck, Unit 2 Balcony/Deck
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Deck - Roof, Covered
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Off Street, Driveway, Paved
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Cooling: Unit 1(None), Unit 2(None)
  • Heating: Unit 1(Hot Water Baseboard,Gas), Unit 2(Hot Water Baseboard,Gas)
  • Cooling Y N: No
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Highway Access, House of Worship, Public School, T-Station, University
  • Senior Community YN: No

Lot Info

  • Zoning: TSF
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.12
  • Lot Size Sq Ft: 5100
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6728

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 16, 2007
Sold by
Mcguirk Christina and Beluris Stephen A
Bought by
Vincent Michelle and Vincent Norman
Current Estimated Value
$734,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,674
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Vincent Michelle $280,000 --
Vincent Michelle $280,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vincent Michelle $279,055
Closed Vincent Michelle $279,114
Closed Vincent Michelle $275,674
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2023 09/25/23 Sold $670,000 +9.9% $229 / Sq Ft
08/08/2023 08/08/23 Pending -- -- --
08/03/2023 08/03/23 For Sale $609,900 -- $209 / 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 $7,146 $622,500 $135,200 $487,300
2024 $7,229 $607,000 $126,300 $480,700
2023 $6,728 $541,700 $109,900 $431,800
2022 $6,221 $490,200 $99,900 $390,300
2021 $5,765 $428,300 $86,900 $341,400
2020 $5,217 $390,500 $75,900 $314,600
2019 $4,710 $335,500 $70,300 $265,200
2018 $4,376 $304,100 $66,900 $237,200
2017 $4,134 $277,100 $60,800 $216,300
2016 $4,178 $275,600 $59,300 $216,300
2015 $3,833 $247,600 $59,300 $188,300
2013 $3,424 $228,100 $69,400 $158,700
Source: Public Records

Agents Affiliated with this Home

  • Shannon Jenkins

    Seller's Agent in 2023

    Shannon Jenkins

    RE/MAX

    (781) 254-5637

    1 in this area

    85 Total Sales

    Shannon Jenkins
    Section Image

  • J

    Buyer's Agent in 2023

    Juan Concepcion

    Realty ONE Group Nest

    (978) 837-1233

    2 in this area

    36 Total Sales

    Juan Concepcion
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73143782

MLS Property Information Network (MLS PIN)

APN: LOWE-000195-004045-000103

Massachusetts Middlesex County Lowell 01850 Centralville

103 Merrill Ave, Lowell, MA

Not Listed for Sale

MultiFamily

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