NOT LISTED FOR SALE

1227 Lawrence St Unit 301 Lowell, MA 01852

South Lowell Neighborhood

Estimated Value: $270,000 - $322,000

2 Beds
1 Bath
980 Sq Ft
$316/mo HOA Fee

Last Sold July 27, 2017

Last sale price $174,000 $178 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $2,113/month

4 Days on Market

Highlights

  • Medical Services
  • Property is near public transit
  • End Unit
  • Landscaped Professionally
  • Engineered Wood Flooring
  • Corner Lot

About This Home

As of July 2017

Beautifully renovated garden-style condo at Wedgewood Estates! This top-floor corner unit offers a fantastic living space, freshly painted with gorgeous new hardwood flooring throughout. Offering two spacious bedrooms with large closets, a fully-remodeled bathroom and eat-in kitchen with new granite counters, cabinetry & stainless steel appliances. Other features include a separate formal dining room, brand new wall A/C unit and slider leading to a Juliette balcony, overlooking a tranquil green common space. Close proximity to major highways (495, Lowell Connector, Rte. 3, and I-93), commuter rail, shopping, movie theater, restaurants, parks & schools. Extra dedicated storage and laundry facilities located in the building. Plenty of parking spaces available within two parking lots. This unit is move-in ready and a MUST-SEE!!

Last Agent to Sell the Property

Marco Bettencourt

Bettencourt Real Estate Listed on: 06/02/2017

Last Buyer's Agent

Norman O'Grady

RE/MAX On the Charles

RE/MAX On the Charles

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,771

Year Built

  • Built in 1970 | Remodeled

Lot Details

  • End Unit
  • Landscaped Professionally

HOA Fees

  • $316 Monthly HOA Fees

Home Design

  • Garden Home
  • Entry on the 2nd floor
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 980 Sq Ft Home
  • 1-Story Property
  • Chair Railings
  • Sheet Rock Walls or Ceilings
  • Sliding Doors
  • Dining Area
  • Laundry in Basement
  • Intercom

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Solid Surface Countertops
  • Disposal

Flooring

  • Engineered Wood
  • Bamboo
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Linen Closet
  • 1 Full Bathroom
  • Bathtub with Shower

Parking

  • 2 Car Parking Spaces
  • Common or Shared Parking
  • Paved Parking
  • Open Parking

Outdoor Features

  • Balcony

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Lowell High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Heating System
  • Electric Baseboard Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 3195253

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, road maintenance, ground maintenance, snow removal, trash
  • 52 Units
  • Wedgewood Estates Condominiums Community
  • Near Conservation Area

Amenities

  • Medical Services
  • Common Area
  • Shops
  • Coin Laundry
  • Community Storage Space

Recreation

  • Tennis Courts
  • Park
  • Jogging Path
  • Bike Trail

Pet Policy

  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,771

Year Built

Built in 1970 | Remodeled

Lot Details

0

HOA Fees

$316 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Garden
  • Year Built: 1970
  • Buyer Agency Type: %
  • Entry Level: 2
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Tile, Bamboo, Engineered Hardwood
  • Interior Amenities: Closet - Linen, Closet, Finish - Sheetrock
  • Entry Location: Unit Placement(Upper)
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Disposal,Microwave,Refrigerator, Utility Connections for Electric Range
  • Total Bedrooms: 2
  • Room Bedroom2 Level: First
  • Room Bedroom2 Features: Closet, Flooring - Hardwood, Remodeled
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Closet, Flooring - Hardwood, Remodeled
  • Room Master Bedroom Level: First
  • Master Bathroom Features: No
  • Bathroom 1 Features: Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Cabinets - Upgraded, Remodeled
  • Bathroom 1 Level: First
  • Room Dining Room Features: Flooring - Hardwood, Chair Rail, Remodeled
  • Room Dining Room Level: First
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Cabinets - Upgraded, Remodeled, Stainless Steel Appliances
  • Laundry Features: In Basement, In Building
  • Room Living Room Level: First
  • Room Living Room Features: Flooring - Hardwood, Balcony / Deck, Cable Hookup, Remodeled, Slider
  • Living Area: 980
  • Other Equipment: Intercom
  • Stories Total: 1
  • MAIN LO: NB5250
  • MAIN SO: BB9190

Exterior Features

  • Exterior Features: Balcony, Professional Landscaping
  • Common Walls: End Unit, Corner
  • Construction Materials: Brick
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Common, Paved
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Cooling: Wall Unit(s)
  • Heating: Electric Baseboard
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Hot Water, Storage
  • Association Fee: 316
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Public School, University
  • MANAGEMENT: Professional - Off Site
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash

Lot Info

  • Parcel Number: 3195253
  • Zoning: RES
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • OUTDOOR SPACE AVAILABLE: Yes - Common

Rental Info

  • Pets Allowed: Breed Restrictions

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 1771

Multi Family

  • Number Of Units Total: 52

MLS Schools

  • High School: Lowell High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2017
Closed on
Jul 27, 2017
Sold by
Panorama Investment Gr
Bought by
Visoni Angela
Seller's Agent
Marco Bettencourt
Bettencourt Real Estate
Buyer's Agent
Norman O'Grady
RE/MAX On the Charles
List Price
$164,900
Sold Price
$174,000
Premium/Discount to List
$9,100
5.52%
Current Estimated Value
$297,577

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,577
Avg. Annual Appreciation
6.62%
Original Mortgage
$164,900
Outstanding Balance
$137,410
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$160,167

Purchase Details

Closed on
Dec 20, 2016
Sold by
Us Bank Na Tr
Bought by
Panorama Investment Gr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 5, 2016
Sold by
Walsh Thomas J
Bought by
Us Bank Na Tr

Purchase Details

Closed on
May 30, 2003
Sold by
Chiappetta Lorrie A and Normandie Lorrie A
Bought by
Walsh Thomas J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,700
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 14, 2001
Sold by
Hunt Daniel P
Bought by
Normandie Lorrie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 6, 1988
Sold by
Olde Engl Vlg Ii
Bought by
Hunt Daniel P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,500
Interest Rate
10.64%
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
Visoni Angela $174,000 --
Panorama Investment Gr $105,844 --
Us Bank Na Tr $111,000 --
Walsh Thomas J $123,900 --
Normandie Lorrie A $110,000 --
Hunt Daniel P $84,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Visoni Angela $164,900
Previous Owner Panorama Investment Gr $90,000
Previous Owner Walsh Thomas J $117,700
Previous Owner Hunt Daniel P $70,000
Previous Owner Hunt Daniel P $59,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2017 07/27/17 Sold $174,000 +5.5% $178 / Sq Ft
06/06/2017 06/06/17 Pending -- -- --
06/02/2017 06/02/17 For Sale $164,900 -- $168 / 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 $2,834 $246,900 $0 $246,900
2024 $2,664 $223,700 $0 $223,700
2023 $2,331 $187,700 $0 $187,700
2022 $2,209 $174,100 $0 $174,100
2021 $2,281 $169,500 $0 $169,500
2020 $2,009 $150,400 $0 $150,400
2019 $1,957 $139,400 $0 $139,400
2018 $2,038 $141,600 $0 $141,600
2017 $1,771 $118,700 $0 $118,700
2016 $1,716 $113,200 $0 $113,200
2015 $1,646 $106,300 $0 $106,300
2013 $1,702 $113,400 $0 $113,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72175415

MLS Property Information Network (MLS PIN)

APN: LOWE-000225-003520-001227-000301