NOT LISTED FOR SALE

120 Lowell Rd Pepperell, MA 01463

Estimated Value: $525,000 - $630,000

6 Beds
4 Baths
2,427 Sq Ft
$240/Sq Ft Est. Value

Last Sold December 09, 2022

Last sale price $530,000 $218 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,793/month

2 Days on Market

Highlights

  • Deck
  • Cooling Available
  • Heating Available
  • Porch
  • Tankless Water Heater

About This Home

As of December 2022

RARE DUPLEX. Well maintained property with loads of off-street parking is perfect for someone looking to live on one side and collect rent from the other side. This property has been part of the same family for many years. With nearly an acre of land, there is plenty of outdoor space for both sides to enjoy. Each unit has 3 bedrooms, 1.5 baths, front-to-back living/dining room, and kitchen w/ some newer appliances. The basement includes finished room, laundry area, and storage. Separate driveways for independent parking. Great location just minutes to the NH border.

Last Listed By

Sherri Rogers

Coldwell Banker Realty - Leominster Listed on: 10/20/2022

Coldwell Banker Realty - Leominster

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,689

Year Built

  • Built in 1976

Lot Details

  • 0.92 Acre Lot

Home Design

  • Frame Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,427 Sq Ft Home
  • Property has 2 Levels
  • Washer

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 12 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Bulkhead
  • Deck
  • Porch

Utilities

  • Cooling Available
  • Heating Available
  • Tankless Water Heater

Community Details

  • 2 Units
  • Net Operating Income $14,400

Listing and Financial Details

  • Total Actual Rent $1,200
  • Rent includes unit 2(water)
  • Assessor Parcel Number M:0017 B:0069 L:00000,725662

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,689

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1976
  • Buyer Agency: 2
  • Transaction Broker: 1
  • Year Built Details: Renovated Since
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 4

Interior Features

  • Interior Amenities: Unit 1(Ceiling Fans,Pantry,Storage), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Dishwasher,Microwave,Refrigerator,Washer,Dryer), Unit 2(Range,Dishwasher,Microwave,Refrigerator), Tankless Water Heater
  • Total Bedrooms: 6
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bathrooms: 4
  • Total Bathrooms: 3
  • Basement: Full, Partially Finished, Bulkhead, Concrete
  • Living Area: 2427
  • Stories Total: 4
  • MAIN LO: AN6181
  • LIST PRICE PER Sq Ft: 206.02
  • PRICE PER Sq Ft: 218.38
  • MAIN SO: NB5311

Exterior Features

  • Exterior Features: Unit 1 Balcony/Deck
  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Porch, Deck
  • Road Frontage Type: Public
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 12

Utilities

  • Sewer: Public Sewer
  • Cooling: Unit 1(Window AC)
  • Heating: Unit 1(Hot Water Baseboard,Oil), Unit 2(Hot Water Baseboard,Oil)
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Rent Includes: Unit 2(Water)

Lot Info

  • Parcel Number: M:0017 B:0069 L:00000,725662
  • Zoning: SUR
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.92
  • Lot Size Area: 0.92
  • Lot Size Sq Ft: 40271
  • Lot Size Units: Acres
  • PAGE: 402
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5689
  • Tax Book Number: 41569

Multi Family

  • Gross Income: 14400
  • Net Operating Income: 14400
  • Number Of Units Total: 2
  • Total Actual Rent: 1200
  • LEVELS 1: 2
  • Basement Included Sq Ft: No
  • LEVELS 2: 2
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 14, 2005
Sold by
Perry Elizabeth J and Perry Warren A
Bought by
Perry Elizabeth J and Perry Warren A
Total Days on Market
2
Current Estimated Value
$581,840

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.81%

Purchase Details

Closed on
Dec 8, 2003
Sold by
Morris Dorothy A
Bought by
Ware Jerilyn J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
6.03%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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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
Perry Elizabeth J -- --
Ware Jerilyn J $213,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perez-Lopez Ronaldo G $515,007
Closed Losordo Jerilyn J $187,000
Closed Perry Warren A $64,500
Closed Morris Dorothy A $75,000
Closed Ware Jerilyn $55,000
Closed Ware Jerilyn $45,000
Closed Perry Elizabeth J $160,000
Previous Owner Ware Jerilyn J $170,000
Previous Owner Morris Dorothy A $151,700
Previous Owner Morris Dorothy A $150,000
Previous Owner Morris Dorothy A $24,030
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2022 12/09/22 Sold $530,000 +6.0% $218 / Sq Ft
10/20/2022 10/20/22 For Sale $500,000 -- $206 / 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 $6,804 $465,100 $166,800 $298,300
2024 $6,347 $442,300 $153,200 $289,100
2023 $5,873 $387,900 $129,400 $258,500
2022 $5,689 $331,700 $102,100 $229,600
2021 $35,303 $302,300 $88,500 $213,800
2020 $5,133 $302,300 $88,500 $213,800
2019 $103,152 $287,500 $88,500 $199,000
2018 $18,432 $287,500 $88,500 $199,000
2017 $4,340 $273,100 $81,700 $191,400
2016 $4,154 $251,300 $81,700 $169,600
2015 $3,978 $249,400 $81,700 $167,700
2014 $4,051 $255,400 $88,500 $166,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73050247

MLS Property Information Network (MLS PIN)

APN: PEPP-000017-000069