NOT LISTED FOR SALE

Estimated Value: $477,000 - $550,000

5 Beds
2 Baths
1,682 Sq Ft
$304/Sq Ft Est. Value

Last Sold June 09, 2021

Last sale price $383,000 $228 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $3,090/month

7 Days on Market

Highlights

  • Fenced Yard
  • Tile Flooring
  • Storage Shed

About This Home

As of June 2021

Well maintained 2 family in Lowell! This is a great investment property or have help with paying your mortgage, while living in one of these units! There are 2 units in this home - One Unit is in the Front (2-level unit) with 2 bedrooms and second unit is in the rear of the house, with 3 bedrooms and a finished basement. The Front Unit is vacant and ready to move-in! Rear apartment has a lease ending 5/1/2021, then they will be tenants at will. Tenants pay own utilities. New Water Boiler recently installed for front unit and heating system is only 4 years old. Close to shopping areas in Lowell, the T-Station, Downtown Lowell and restaurants. Washer/Dryer in front unit to stay. No Showings Until Open House Friday, April 23rd from 4-6pm and Saturday, April 24th from 11am-1pm. No appointments necessary for Open House. OFFERS DUE SUNDAY 4/25 at 3pm.

Last Agent to Sell the Property

Sandra Freitas

Coldwell Banker Realty - Andovers/Readings Regional Listed on: 04/19/2021

Coldwell Banker Realty - Andovers/Readings Regional

Co-Listed By

Joe Freitas

Coldwell Banker Realty - Andovers/Readings Regional

Last Buyer's Agent

Ryan Adams

Lamacchia Realty, Inc. License #453015147

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 3,920

Flooring

  • Laminate
  • Tile
  • Vinyl

Schools

  • Lowell High School

Additional Features

  • Storage Shed
  • Fenced Yard
  • Natural Gas Water Heater
  • Basement

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.00
  • Sub-Agency Relationship Offered: Yes
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 211.36
  • Comp Based On: Net Sale Price
  • Year Built: 1920
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Flooring: Tile, Vinyl, Laminate
  • Total Flrs: 2
  • No Bedrooms: 5
  • Total Brs: 5
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 8
  • Basement: Y
  • Basement Features: Finished, Partially Finished
  • Main Lo: D63201
  • Main So: AN2314
  • Estimated Sq Ft: 1682.00

Exterior Features

  • Roof Material: Asphalt/Fiberglass Shingles, Rubber
  • Exterior: Vinyl
  • Exterior Features: Storage Shed, Fenced Yard
  • Foundation: Poured Concrete

Garage/Parking

  • Parking Feature: Off-Street, Paved Driveway
  • Parking Spaces: 4

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers, 200 Amps
  • Hot Water: Natural Gas
  • Utility Connections: Varies per Unit

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, University

Lot Info

  • Lot: 103
  • Acre: 0.09
  • Lot Size: 4033.00
  • Page: 100
  • Zoning: USF
  • Lot Description: Paved Drive

Multi Family

  • Heat Units: 2
  • Total Levels: 3
  • Total Rent: 2400
  • Total Rms: 9
  • No Units: 2
  • Mf Type: Duplex

Tax Info

  • Taxes: 3800.00
  • Assessor Parcel Number: 3183644
  • Tax Year: 2021

MLS Schools

  • Grade School: Lincoln
  • High School: Lowell High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2021
Closed on
Jun 8, 2021
Sold by
Mercado-Colon Juan and Mercado Taryn
Bought by
Ludy Timothy P
Seller's Agent
Sandra Freitas
Coldwell Banker Realty - Andovers/Readings Regional
Buyer's Agent
Ryan Adams
Lamacchia Realty, Inc.
List Price
$355,500
Sold Price
$383,000
Premium/Discount to List
$27,500
7.74%
Current Estimated Value
$511,889

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,889
Avg. Annual Appreciation
6.49%
Original Mortgage
$325,550
Outstanding Balance
$294,745
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$217,144

Purchase Details

Closed on
May 10, 2004
Sold by
Bracetty Yvonne
Bought by
Mercardo-Colon Juan and Obrien Taryn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,601
Interest Rate
5.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 5, 2003
Sold by
Ans Nt and Hughes
Bought by
Bracetty Yvonne

Purchase Details

Closed on
Sep 3, 2003
Sold by
Fidelity & Deposit Co
Bought by
Ans Nt and Hughes
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
Ludy Timothy P $383,000 None Available
Mercardo-Colon Juan $220,000 --
Mercardo-Colon Juan $220,000 --
Bracetty Yvonne $130,000 --
Bracetty Yvonne $130,000 --
Ans Nt $5,000 --
Ans Nt $5,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ludy Timothy P $325,550
Previous Owner Mercardo-Colon Juan $216,601
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/09/2021 06/09/21 Sold $383,000 +7.7% $228 / Sq Ft
04/26/2021 04/26/21 Pending -- -- --
04/19/2021 04/19/21 For Sale $355,500 -- $211 / 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 $5,282 $460,100 $142,900 $317,200
2024 $4,763 $399,900 $128,600 $271,300
2023 $4,521 $364,000 $111,800 $252,200
2022 $3,988 $314,300 $101,700 $212,600
2021 $3,796 $282,000 $88,400 $193,600
2020 $3,400 $254,500 $77,300 $177,200
2019 $3,308 $235,600 $71,500 $164,100
2018 $3,080 $214,900 $65,100 $149,800
2017 $3,054 $204,700 $59,200 $145,500
2016 $2,952 $194,700 $56,400 $138,300
2015 $2,813 $181,700 $57,700 $124,000
2013 $2,798 $186,400 $69,000 $117,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72817081

MLS Property Information Network (MLS PIN)

APN: LOWE-000123-005305-000103