Seller's Agent in 2023
Timothy Shanahan
Merrimack Realty Group, Chelmsford
(978) 423-6403
2 in this area
42 Total Sales
131 Grove St Lowell, MA 01851
Highlands NeighborhoodEstimated Value: $488,000 - $515,000
4
Beds
2
Baths
1,809
Sq Ft
$277/Sq Ft
Est. Value
Highlights
- Property is near public transit
- Community Pool
- Park
- Wood Flooring
- Porch
- Shops
About This Home
As of December 2023Rare Two Family Located in the Highlands section of Lowell. This two unit home is in need of some TLC but has tons of potential. The property is in close proximity to schools, shopping, public transportation line, parks and minutes to Downtown Lowell. This property also abuts a City park with basketball court and playground. Also there is walk up full attic that has potential to be finished to add Sq Ft to Unit #2.
Last Agent to Sell the Property
Merrimack Realty Group, Chelmsford Listed on: 07/29/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,076
Year Built
- Built in 1900
Lot Details
- 2,850
Home Design
- Stone Foundation
- Frame Construction
- Shingle Roof
- Rubber Roof
Interior Spaces
- 1,809 Sq Ft Home
- Property has 1 Level
- Unfinished Basement
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Laminate
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Parking
- 2 Car Parking Spaces
- Driveway
- Open Parking
- Off-Street Parking
Location
- Property is near public transit
- Property is near schools
Utilities
- 2 Heating Zones
- 100 Amp Service
- Natural Gas Connected
Additional Features
- Porch
- 2,850 Sq Ft Lot
Listing and Financial Details
- Total Actual Rent $950
- Assessor Parcel Number M:103 B:2750 L:131,3180517
Community Details
Amenities
- Shops
- Coin Laundry
Recreation
- Community Pool
- Park
Additional Features
- 2 Units
- Net Operating Income $10,800
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 29, 2023
Closed on
Dec 8, 2023
Sold by
Georgoulis Ft and Georgoulis
Bought by
Siv Lang and San Leangsiv
Seller's Agent
Timothy Shanahan
Merrimack Realty Group, Chelmsford
Buyer's Agent
Mony Nhem
Century 21 North East
List Price
$449,900
Sold Price
$440,000
Premium/Discount to List
-$9,900
-2.2%
Views
57
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,519
Avg. Annual Appreciation
6.76%
Original Mortgage
$418,000
Outstanding Balance
$410,766
Interest Rate
7.79%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$90,753
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Siv Lang | $440,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Siv Lang | $418,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/08/2023 12/08/23 | Sold | $440,000 | -2.2% | $243 / Sq Ft |
| 08/07/2023 08/07/23 | Pending | -- | -- | -- |
| 07/29/2023 07/29/23 | For Sale | $449,900 | -- | $249 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $5,143 | $448,000 | $132,000 | $316,000 |
| 2024 | $4,743 | $398,200 | $118,800 | $279,400 |
| 2023 | $4,403 | $354,500 | $103,300 | $251,200 |
| 2022 | $4,076 | $321,200 | $93,900 | $227,300 |
| 2021 | $3,780 | $280,800 | $81,700 | $199,100 |
| 2020 | $3,405 | $254,900 | $71,300 | $183,600 |
| 2019 | $3,257 | $232,000 | $66,100 | $165,900 |
| 2018 | $3,003 | $208,700 | $60,100 | $148,600 |
| 2017 | $2,838 | $190,200 | $54,600 | $135,600 |
| 2016 | $2,843 | $187,500 | $52,000 | $135,500 |
| 2015 | $2,653 | $171,400 | $53,200 | $118,200 |
| 2013 | $2,465 | $164,200 | $63,700 | $100,500 |
Source: Public Records
Agents Affiliated with this Home
-
Timothy Shanahan
-
Mony Nhem
M
Buyer's Agent in 2023
Mony Nhem
Century 21 North East
5 in this area
24 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73142123
APN: LOWE-000103-002750-000131
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