$780,000
SOLD AUG 12, 2024
8 Beds
3 Baths
3,401 Sq Ft
2,614 Sq Ft Lot

Recently Sold

$229 Per Sq Ft

4% Above List Price

4 Days on Market

Highlights

  • Medical Services
  • Park
  • Fenced
  • Property is near public transit
  • Shops
  • Heating System Uses Natural Gas

About This Home

As of August 2024

Newly remodeled multifamily home with an expanded second-floor unit featuring a fully renovated attic with additional bedrooms and a bathroom. All units have been completely updated with granite countertops, new cabinets, ceramic floors in the kitchen and bathrooms, and glass door stand-up showers. The partially finished basement includes new wall-mounted boiler systems and updated electric. The property also offers a 3-4 car driveway. Move-in ready or rent at competitive rates in today's market. Perfect for owner occupants or investors! After open house will start reviewing offers on Tuesday June 18th by 5 pm.

Last Agent to Sell the Property

Rachel De La Cruz

Edward Perez Listed on: 06/12/2024

Last Buyer's Agent

Ricardo Mehu

Pena Realty Corporation

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,562

Year Built

  • Built in 1900

Lot Details

  • 2,614 Sq Ft Lot
  • Fenced

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,401 Sq Ft Home
  • Property has 1 Level
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Parking

  • 3 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Heating System Uses Natural Gas
  • 100 Amp Service

Listing and Financial Details

  • Total Actual Rent $4,600
  • Legal Lot and Block 122 / 1150
  • Assessor Parcel Number M:181 B:1150 L:122

Community Details

Amenities

  • Medical Services
  • Shops

Recreation

  • Park

Additional Features

  • 2 Units
  • Net Operating Income $19,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,562

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1900
  • Buyer Agency: 2
  • Transaction Broker: 1%
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Interior Amenities: Laundry Room
  • Fireplace YN: No
  • Total Bedrooms: 8
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full, Partially Finished
  • Living Area: 3401
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN3469
  • LIST PRICE PER Sq Ft: 223.46
  • PRICE PER Sq Ft: 229.34
  • MAIN SO: AN3959

Exterior Features

  • Construction Materials: Frame
  • Fencing: Fenced
  • Foundation Details: Concrete Perimeter, Stone
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Electric
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Highway Access, House of Worship, Private School, Public School, University
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:181 B:1150 L:122
  • Zoning: UMF
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.06
  • Lot Size Area: 0.06
  • Lot Size Sq Ft: 2614
  • Lot Size Units: Acres
  • PAGE: 210
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 6562
  • Tax Block: 1150
  • Tax Book Number: 36717
  • Tax Lot: 122
  • Tax Map Number: 181

Multi Family

  • Gross Income: 19200
  • Net Operating Income: 19200
  • Number Of Units Total: 2
  • Total Actual Rent: 4600
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 2
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2024
Closed on
Aug 12, 2024
Sold by
William Muslet and Merger Myrlande
Bought by
William Muslet
Seller's Agent
Rachel De La Cruz
Edward Perez
Buyer's Agent
Ricardo Mehu
Pena Realty Corporation
List Price
$749,999
Sold Price
$780,000
Premium/Discount to List
$30,001
4%
Views
11
Current Estimated Value
$801,587

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,587
Avg. Annual Appreciation
5.03%
Original Mortgage
$753,967
Interest Rate
6.6%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 5, 2011
Sold by
Simas Antonio P
Bought by
Lowell City Of

Purchase Details

Closed on
Apr 6, 1995
Sold by
Fhlmc
Bought by
Simas Antonio and Simas Maria

Purchase Details

Closed on
Jun 29, 1994
Sold by
Kim Boeup and Countrywide Funding Co
Bought by
Fhlmc

Purchase Details

Closed on
Nov 29, 1988
Sold by
Camacho Jose M
Bought by
Kim Boeup
Source: Public Records

Similar Homes in Lowell, MA

  • 31 Abbott St, Lowell, MA 01852

    $599,900

    • 7 Beds
    • 2 Baths
    • 2,154 Sq Ft
    • 31 Abbott St
    • Lowell, MA

    Don't miss this amazing investment opportunity! Two-family with each unit having its own building giving you the single-family experience. Both units have had many updates, including windows, flooring, bathrooms etc. Off-street driveway parking for two cars. All in great condition and ready to move in! Great way to make some passive income whether you rent both units or occupy one yourself while

    Natasha Rosario CCC Realty Inc.

    Section Image
  • 39 Groves Ave, Lowell, MA 01852

    $649,999

    • 9 Beds
    • 3 Baths
    • 3,567 Sq Ft
    • 39 Groves Ave
    • Lowell, MA

    Welcome to this distinctive 2-family property, ideal for owner-occupants or savvy investors. Since purchase, the home has undergone upgrades, including a brand-new roof and addition of a second kitchen in the upper unit, creating a unique and highly functional layout. Second Floor Unit:3 bedrooms + bonus room with closet and rear deck access. Full bathroom, spacious living room, two separate

    Orlando Cruz Orlando Cruz Realty

    Section Image
  • 43 Cedar St, Lowell, MA 01852

    $899,000

    • 9 Beds
    • 3 Baths
    • 4,137 Sq Ft
    • 43 Cedar St
    • Lowell, MA

    Great opportunity for owner occupants or investors alike in Lowell's Back Central neighborhood. Offering 3 units in this multi-dwelling with on street parking. 2 units below-market rent offer potential for value appreciation. 1 unit recently updated and separate utilities per unit. The property is conveniently located near the commuter rail, with easy access to highway and many nearby local

    Michelle Rivera eXp Realty

    Section Image
  • 712 Lawrence St, Lowell, MA 01852

    $634,900

    • 8 Beds
    • 3 Baths
    • 2,808 Sq Ft
    • 712 Lawrence St
    • Lowell, MA

    Projecting $72,000 annual rent! It is side-by-side (NOT up and down) 2-family property. Great for either investors or owner-occupied: 5-bedrooms on one side with 2-full bathrooms and the other one 3-bedrooms with one full-bathroom, heat and cooking by gas, laundry hook up inside each unit, utilities separated and tenants pay their own, vinyl siding, roof is about 15 years old, ~4 yrs high

    Mei Zhou Coldwell Banker Realty - Andovers/Readings Regional

    Section Image
  • 27 Bourne St, Lowell, MA 01852

    $750,000

    • 7 Beds
    • 3.5 Baths
    • 3,872 Sq Ft
    • 27 Bourne St
    • Lowell, MA

    Located in South Lowell, this spacious 3-family home offers an excellent investment or owner-occupant opportunity. The property features three levels with one 3-bedroom unit and two 2-bedroom units. Two units have been tastefully updated, while the third awaits your cosmetic touches. The 3 bedroom unit has two extra bonus rooms/dens with no closets. Newer heating systems and hot water tanks add

    Team Correia Keller Williams Realty - Merrimack

    Section Image
  • 126 Agawam St, Lowell, MA 01852

    $639,999

    • 6 Beds
    • 2 Baths
    • 2,785 Sq Ft
    • 126 Agawam St
    • Lowell, MA

    Welcome to this spacious and versatile two-family home, perfect for investors or owner-occupants alike! The first-floor unit offers two generously sized bedrooms, a bright and functional kitchen, a full bathroom, and a cozy living room—ideal for everyday comfort and relaxation. Upstairs, the second-floor unit impresses with four large bedrooms, a thoughtfully designed kitchen, a well-maintained

    Christian Doherty Doherty Properties

    Section Image
  • 85 Belrose Ave, Lowell, MA 01852

    $745,000

    • 6 Beds
    • 3 Baths
    • 3,024 Sq Ft
    • 85 Belrose Ave
    • Lowell, MA

    Move in ready side by side 2 family property! Both units with eat in kitchens leading to a good size back deck. Both sides have big dining rooms, living rooms and 3 big bedrooms! One side has 2 baths & fireplace and the other with one bath & fireplace. Vinyl replacement windows, Tall ceilings w/ crown moldings and hardwood flooring throughout both units! Updates include 2 new FHA / AC systems

    David Nicholaou Re/Max Innovative Properties

    Section Image
  • 97 Gates St, Lowell, MA 01851

    $799,900

    • 9 Beds
    • 3 Baths
    • 4,224 Sq Ft
    • 97 Gates St
    • Lowell, MA

    This is a great opportunity for investment or owner occupants. The is a large legal 3 family over 4224 sq. feet living space with a detached garage, vinyl insulated windows, and with some updated flooring, but it still need TLC. Each units features 3 bedrooms, 3 bedrooms ,2 bedrooms, and total 3 bathrooms 1 per unit. Current tenants are TENANT AT WILL . Even though current rent is below market,

    Daniel Tan Urban Real Estate

    Section Image
  • 11 Read St, Lowell, MA 01850

    $779,900

    • 8 Beds
    • 2 Baths
    • 3,696 Sq Ft
    • 11 Read St
    • Lowell, MA

    Vacant and ready for the extended family. Don’t miss this incredible opportunity to own a spacious, fully renovated duplex-style two-family home located right in the heart of Lowell. Perfect for owner-occupants or those looking to live on one side while renting out the other to help pay the mortgage! Both units have been completely remodeled from top to bottom. Each side features: Brand-new

    Kelli Gilbride

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Deed $2,373 --
Deed $2,373 --
Deed $16,150 --
Deed $16,150 --
Foreclosure Deed $26,000 --
Foreclosure Deed $26,000 --
Deed $154,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $753,967 FHA
Previous Owner $497,303 FHA
Previous Owner $387,382 FHA
Previous Owner $299,475 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2024 08/12/24 Sold $780,000 +4.0% $229 / Sq Ft
06/18/2024 06/18/24 Pending -- -- --
06/13/2024 06/13/24 For Sale $749,999 +145.9% $221 / Sq Ft
03/16/2017 03/16/17 Sold $305,000 -4.4% $103 / Sq Ft
01/10/2017 01/10/17 Pending -- -- --
12/16/2016 12/16/16 Price Changed $319,000 -3.3% $108 / Sq Ft
12/07/2016 12/07/16 For Sale $329,900 +57.1% $112 / Sq Ft
10/24/2016 10/24/16 Sold $210,000 -8.7% $80 / Sq Ft
06/16/2016 06/16/16 Pending -- -- --
06/13/2016 06/13/16 For Sale $230,000 -- $88 / 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 $7,133 $621,300 $104,100 $517,200
2024 $6,562 $551,000 $93,900 $457,100
2023 $6,118 $492,600 $81,700 $410,900
2022 $5,533 $436,000 $64,400 $371,600
2021 $5,134 $381,400 $56,000 $325,400
2020 $4,632 $346,700 $46,700 $300,000
2019 $3,780 $269,200 $43,200 $226,000
2018 $3,408 $243,500 $41,200 $202,300
2017 $3,423 $229,400 $44,900 $184,500
2016 $3,481 $229,600 $45,100 $184,500
2015 $3,187 $205,900 $45,100 $160,800
2013 $2,814 $187,500 $52,100 $135,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73251688

MLS Property Information Network (MLS PIN)

APN: LOWE-000181-001150-000122