NOT LISTED FOR SALE

1506 Gorham St Unit 303 Lowell, MA 01852

Sacred Heart Neighborhood

Estimated Value: $314,000 - $373,000

2 Beds
1.5 Baths
1,310 Sq Ft
1986 Built

Last Sold January 27, 2012

Last sale price $106,000 $81 Per Sq Ft

Est. 226% increase in value since last sale

Current estimated payment $2,131/month

121 Days on Market

Highlights

  • Property is near public transit
  • Shops
  • Forced Air Heating and Cooling System
  • Elevator
  • Guest Parking
  • 1 Car Garage

About This Home

As of January 2012

Great condo @ Chelmsford/Lowell line. Underground secured parking, washer/dryer in unit, elevator, large balcony, new berber carpet, new linoleum in baths, new toilet fixtures, new heating and central air unit, newer windows, updated plumbing and electrical. Motivated seller short-sale approved at $120k Won't last!

Last Agent to Sell the Property

Tim Kihiko

Lowell Real Estate Experts Listed on: 08/10/2011

Last Buyer's Agent

Andre Lafond

LAER Realty Partners License #456013446

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,865

Year Built

  • Built in 1986

Parking

  • 1 Car Garage
  • Common or Shared Parking
  • Garage Door Opener
  • Guest Parking
  • Off-Street Parking

Home Design

  • Garden Home

Interior Spaces

  • 1,310 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms

Location

  • Property is near public transit

Utilities

  • Forced Air Heating and Cooling System
  • 1 Cooling Zone
  • 1 Heating Zone
  • Heating System Uses Natural Gas
  • 220 Volts

Listing and Financial Details

  • Assessor Parcel Number M:000210 T:K08405,3194029

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include water, sewer, insurance, maintenance structure, road maintenance, ground maintenance, snow removal
  • 54 Units

Amenities

  • Shops
  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,865

Year Built

Built in 1986

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Garden
  • Year Built: 1986
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Entry Level: 3
  • Transaction Broker: 1
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • ResoPropertyType: Residential
  • Special Features: 12
  • Stories: 1

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bathrooms: 1.5
  • Living Area: 1310
  • Stories Total: 1
  • MAIN LO: NB2440
  • LIST PRICE PER Sq Ft: 91.53
  • PRICE PER Sq Ft: 80.92
  • MAIN SO: NB2440

Exterior Features

  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage YN: No
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Parking Features: Garage Door Opener, Off Street, Common, Guest
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Cooling Y N: Yes
  • Electric: 220 Volts
  • Heating YN: Yes
  • Water Source: Public, City/Town Water, City/Town Sewer
  • HEAT ZONES: 1
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association Amenities: Elevator(s)
  • Association Fee: 250
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Highway Access, T-Station
  • UNIT BUILDING: 303

Fee Information

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

Lot Info

  • Parcel Number: M:000210 T:K08405,3194029
  • Zoning: Res
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • PAGE: 157

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 1865
  • Tax Book Number: 16274

Multi Family

  • Number Of Units Total: 54

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 25, 2003
Sold by
Reddy Praveen
Bought by
Mburu Miriam
Current Estimated Value
$345,140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,123
Outstanding Balance
$59,582
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$285,558

Purchase Details

Closed on
Apr 18, 2000
Sold by
Kolios John
Bought by
Reddy Praveen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,900
Interest Rate
8.26%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 15, 1987
Sold by
Bud Con Rlty Inc
Bought by
Kolios John

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
10.63%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Mburu Miriam $159,900 --
Mburu Miriam $159,900 --
Reddy Praveen $79,900 --
Reddy Praveen $79,900 --
Kolios John $94,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mburu Miriam S $30,000
Open Mburu Miriam $123,123
Closed Mburu Miriam $31,980
Closed Kolios John $123,123
Previous Owner Reddy Praveen $119,000
Previous Owner Kolios John $75,900
Previous Owner Kolios John $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2012 01/27/12 Sold $106,000 -11.6% $81 / Sq Ft
12/09/2011 12/09/11 Pending -- -- --
11/18/2011 11/18/11 For Sale $119,900 0.0% $92 / Sq Ft
10/10/2011 10/10/11 Pending -- -- --
08/31/2011 08/31/11 Price Changed $119,900 -0.1% $92 / Sq Ft
08/13/2011 08/13/11 Price Changed $120,000 -7.6% $92 / Sq Ft
08/10/2011 08/10/11 For Sale $129,900 -- $99 / 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 $2,996 $261,000 $0 $261,000
2024 $2,910 $244,300 $0 $244,300
2023 $2,677 $215,500 $0 $215,500
2022 $2,605 $205,300 $0 $205,300
2021 $2,318 $172,200 $0 $172,200
2020 $2,055 $153,800 $0 $153,800
2019 $1,693 $120,600 $0 $120,600
2018 $1,590 $110,500 $0 $110,500
2017 $1,611 $108,000 $0 $108,000
2016 $1,846 $121,800 $0 $121,800
2015 $1,875 $121,100 $0 $121,100
2013 $1,881 $125,300 $0 $125,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71273321

MLS Property Information Network (MLS PIN)

APN: LOWE-000210-002675-001506-000303