NOT LISTED FOR SALE

Estimated Value: $748,000 - $823,000

8 Beds
3 Baths
3,401 Sq Ft
$233/Sq Ft Est. Value

Last Sold August 12, 2024

Last sale price $780,000 $229 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,773/month

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
  • 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
  • Basement: Full, Partially Finished
  • Living Area: 3401
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN3469
  • 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 Sq Ft: 2614
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 6562
  • Tax Block: 1150
  • Tax Lot: 122

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2024
Closed on
Aug 12, 2024
Sold by
Dela Cruz Rachel
Bought by
William Muslet and Merger Myrlande
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
$793,714

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,714
Avg. Annual Appreciation
1.34%
Original Mortgage
$753,967
Interest Rate
6.6%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 11, 2022
Sold by
Arias David J
Bought by
Delacruz Rachel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$497,303
Interest Rate
3.05%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 29, 2019
Sold by
Grigoriadis Mary E
Bought by
Arias David J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$387,382
Interest Rate
3.7%
Mortgage Type
FHA

Purchase Details

Listed on
Dec 7, 2016
Closed on
Mar 16, 2017
Sold by
Mattheos John and Simas Nancy V
Bought by
Grigoriadis Mary E
Seller's Agent
Judy Vitorino
Keller Williams Realty-Merrimack
Buyer's Agent
Budi Setiyono
MBM Real Estate, LLC
List Price
$329,900
Sold Price
$305,000
Premium/Discount to List
-$24,900
-7.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.59%
Original Mortgage
$299,475
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 13, 2016
Closed on
Oct 24, 2016
Sold by
Simas Antonio P
Bought by
Mattheos John and Mattheos Nancy V
Seller's Agent
Judy Vitorino
Keller Williams Realty-Merrimack
Buyer's Agent
Judy Vitorino
Keller Williams Realty-Merrimack
List Price
$230,000
Sold Price
$210,000
Premium/Discount to List
-$20,000
-8.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
160.37%

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

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
William Muslet $780,000 None Available
William Muslet -- None Available
William Muslet -- None Available
William Muslet $780,000 None Available
William Muslet $780,000 None Available
Delacruz Rachel $575,000 None Available
Delacruz Rachel $575,000 None Available
Delacruz Rachel $575,000 None Available
Arias David J $395,000 --
Arias David J $395,000 --
Grigoriadis Mary E $305,000 --
Grigoriadis Mary E $305,000 --
Grigoriadis Mary E $305,000 --
Mattheos John $210,000 --
Mattheos John $210,000 --
Mattheos John $210,000 --
Lowell City Of $2,373 --
Lowell City Of $2,373 --
Simas Antonio $16,150 --
Simas Antonio $16,150 --
Fhlmc $26,000 --
Fhlmc $26,000 --
Kim Boeup $154,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner William Muslet $753,967
Previous Owner Delacruz Rachel $497,303
Previous Owner Arias David J $387,382
Previous Owner Grigoriadis Mary E $299,475
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
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 View Prior Sale
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

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73251688

MLS Property Information Network (MLS PIN)

APN: LOWE-000181-001150-000122