NOT LISTED FOR SALE

Estimated Value: $555,000 - $682,000

3 Beds
2 Baths
2,117 Sq Ft
$295/Sq Ft Est. Value

Last Sold September 11, 2023

Last sale price $555,000 $262 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,788/month

5 Days on Market

Highlights

  • Golf Course Community
  • Property is near public transit
  • Screened Porch
  • Medical Services
  • Wood Flooring
  • 1-minute walk to George McDermott Reservoir

About This Home

As of September 2023

Well maintained 2-family (3-4 beds) in the Christian Hill neighborhood. Excellent owner occupied or Investment Opportunity! Both units currently rented Tenant-at-Will at Below Market Rents! Unit 1 has eat-in kitchen, living room, 2 bedrooms & dining/office/bed (currently used as 3rd bedroom) hardwood under carpet in LR. Unit 2 has kitchen, dining/living room, bedroom, full bath & screened-in back porch off kitchen. Quiet, flat street and fenced yard. Separate 2 car driveways for each unit. Storage in basement. Lots of updates including: new metal (60 year) roof, new heat & A/C systems, newer windows & doors throughout, blown-in (mass save) attic insulation and Certified De-Leaded. In unit laundry on 1st floor. Easy access to downtown or Rt 495 via Rt 38 or the connector. Group showings only w/ pre-approved clients.Text LA to request showing slot during these times: Fri 7/7 4:30-6:30, Sat 7/8 11:00-1:00 & Sun 7/9 1:00-3:00. Offers due Tuesday 7/11 by 12:00pm.

Last Agent to Sell the Property

Ronald Gagnon

Keller Williams Realty-Merrimack Listed on: 07/06/2023

Keller Williams Realty-Merrimack

Last Buyer's Agent

James Kousoulos

Shilalis Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,375

Year Built

  • Built in 1945

Lot Details

  • 7,116 Sq Ft Lot
  • Fenced

Home Design

  • Duplex
  • Brick Exterior Construction
  • Stone Foundation
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 2,117 Sq Ft Home
  • Property has 1 Level
  • Insulated Windows
  • Insulated Doors
  • Screened Porch
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Basement

  • Partial Basement
  • Interior Basement Entry

Parking

  • 4 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking
  • Assigned Parking

Eco-Friendly Details

  • Energy-Efficient Thermostat

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Lowell Public Elementary And Middle School
  • Lowell Public High School

Utilities

  • Cooling Available
  • 4 Cooling Zones
  • 4 Heating Zones
  • Heating Available
  • 220 Volts
  • 110 Volts
  • 100 Amp Service
  • Natural Gas Connected

Listing and Financial Details

  • Total Actual Rent $2,200
  • Rent includes unit 1(water other (see remarks)), unit 2(water)
  • Legal Lot and Block 106 / 440
  • Assessor Parcel Number 3194427

Community Details

Amenities

  • Medical Services
  • Shops

Recreation

  • Golf Course Community
  • Jogging Path

Additional Features

  • 2 Units
  • Net Operating Income $26,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,375

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1945
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Vinyl,Carpet,Hardwood,Wood Laminate, Unit 1(undefined), Unit 2(Hardwood Floors,Wood Flooring,Wall to Wall Carpet)
  • Interior Amenities: Unit 1(Walk-In Closet,Bathroom With Tub & Shower), Unit 1 Rooms(Dining Room,Kitchen,Family Room,Office/Den), Unit 2 Rooms(Kitchen,Living RM/Dining RM Combo)
  • Door Features: Insulated Doors
  • Fireplace YN: No
  • Appliances: Utility Connections for Gas Range
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Laundry Features: Washer Hookup, Unit 1(Washer & Dryer Hookup)
  • Basement: Partial, Interior Entry
  • Living Area: 2117
  • Spa YN: No
  • Stories Total: 3
  • Window Features: Insulated Windows
  • MAIN LO: G95166
  • MAIN SO: AC0925

Exterior Features

  • Exterior Features: Porch - Screened,Gutters,Fenced Yard
  • Construction Materials: Frame, Brick
  • Fencing: Fenced
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Screened
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Metal
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Assigned, Paved
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, Washer Hookup
  • Cooling: Unit 1(Ductless Mini-Split System), Unit 2(Ductless Mini-Split System)
  • Heating: Unit 1(Ductless Mini-Split System), Unit 2(Ductless Mini-Split System)
  • Cooling Y N: Yes
  • Electric: 110 Volts, 220 Volts, Circuit Breakers, 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 4
  • HEAT ZONES: 4
  • COOLING ZONES: 4
  • Hot Water: Natural Gas, Tank

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Walk/Jog Trails, Golf, Medical Facility, Highway Access, House of Worship, Public School, University
  • Rent Includes: Unit 1(Water,Other (See Remarks)), Unit 2(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: 3194427
  • Zoning: TSF
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.16
  • Lot Size Sq Ft: 7116
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Green Features

  • Green Energy Efficient: Thermostat

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5375
  • Tax Block: 440
  • Tax Lot: 106

Multi Family

  • Net Operating Income: 26400
  • Number Of Units Total: 2
  • Total Actual Rent: 2200
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • COOLING UNITS: 4
  • LEASE 2: N
  • LEASE 1: N

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2023
Closed on
Sep 11, 2023
Sold by
Magee David F
Bought by
Fonseca Shirly G
Seller's Agent
Ronald Gagnon
Keller Williams Realty-Merrimack
Buyer's Agent
James Kousoulos
Shilalis Real Estate
List Price
$489,900
Sold Price
$555,000
Premium/Discount to List
$65,100
13.29%
Views
132
Current Estimated Value
$623,813

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,813
Avg. Annual Appreciation
5.33%
Original Mortgage
$444,000
Outstanding Balance
$433,448
Interest Rate
6.81%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$190,365

Purchase Details

Closed on
Jan 29, 1992
Sold by
Tuccelli Ronald and Tuccelli Patricia
Bought by
Magee David F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
8.44%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Fonseca Shirly G $555,000 None Available
Magee David F $120,000 --
Magee David F $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fonseca Shirly G $444,000
Previous Owner Magee David F $60,000
Previous Owner Magee David F $29,000
Previous Owner Magee David F $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/11/2023 09/11/23 Sold $555,000 +13.3% $262 / Sq Ft
07/12/2023 07/12/23 Pending -- -- --
07/06/2023 07/06/23 For Sale $489,900 -- $231 / 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 $6,206 $540,600 $149,600 $391,000
2024 $5,786 $485,800 $139,800 $346,000
2023 $5,375 $432,800 $121,600 $311,200
2022 $4,977 $392,200 $110,500 $281,700
2021 $4,768 $354,200 $96,200 $258,000
2020 $4,302 $322,000 $84,000 $238,000
2019 $4,097 $291,800 $77,800 $214,000
2018 $3,701 $257,200 $74,100 $183,100
2017 $3,502 $234,700 $67,400 $167,300
2016 $3,532 $233,000 $65,700 $167,300
2015 $3,280 $211,900 $65,700 $146,200
2013 $3,008 $200,400 $76,900 $123,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73132842

MLS Property Information Network (MLS PIN)

APN: LOWE-000216-000440-000106