16 Forest St Lowell, MA 01851
Highlands NeighborhoodEstimated Value: $624,187 - $790,000
4
Beds
2
Baths
2,951
Sq Ft
$234/Sq Ft
Est. Value
About This Home
As of November 2020Welcome to 16 Forest St, The Highlands' newest multi family opportunity, offering both an excellent investment and owner occupant option. First floor unit offers a well laid out floor plan including large eat in kitchen, oversized living with option for formal dining, completed by two well proportioned bedrooms with ample closet storage. The primary unit on the second level offers a desirable townhouse layout spanning two floors. Large eat in kitchen with hardwood floors, oversized living room dining combo drenched in natural light. Two generous sized bedrooms. Upper finished level offers endless possibilities, primary suite, guest rooms, home office or any combination. Most rooms include ceiling fans. The level fenced yard and private deck off each unit make for perfect outdoor retreats. Recent upgrades include ROOF & WINDOWS. Sought after off street parking. Close proximity to Commuter Rail, Lowell Connector, RTS 3, 495 & 93, University, Downtown ***Open Houses SAT 11-1 & SUN 12-2*
Last Agent to Sell the Property
Chinatti Realty Group
Chinatti Realty Group, Inc. Listed on: 09/24/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,353
Year Built
- Built in 1910
Lot Details
- 4,356
Flooring
- Wood
- Wall to Wall Carpet
- Laminate
- Vinyl
Outdoor Features
- Deck
Additional Features
- Basement
Listing and Financial Details
- Assessor Parcel Number M:126 B:2385 L:16
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 24, 2020
Closed on
Nov 10, 2020
Sold by
Hollis Nicholas and Hollis Kelley
Bought by
Gakpe Koffi
Seller's Agent
Chinatti Realty Group
Chinatti Realty Group, Inc.
Buyer's Agent
Terrance Moreau
Coldwell Banker Realty - Dorchester
List Price
$439,900
Sold Price
$485,000
Premium/Discount to List
$45,100
10.25%
Total Days on Market
6
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
$206,297
Avg. Annual Appreciation
7.77%
Original Mortgage
$476,215
Outstanding Balance
$428,570
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$251,529
Purchase Details
Closed on
Jun 28, 2019
Sold by
Irving Glen S
Bought by
Kelley Hollis Nicholas and Kelley Hollis
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,920
Interest Rate
4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 1, 1999
Sold by
Mccann William E
Bought by
Irving Glen S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,888
Interest Rate
7.19%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Lowell, MA
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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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gakpe Koffi | $485,000 | None Available | |
| Kelley Hollis Nicholas | $369,900 | -- | |
| Irving Glen S | -- | -- | |
| Irving Glen S | $145,000 | -- | |
| Irving Glen S | $145,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gakpe Koffi | $476,215 | |
| Closed | Gakpe Koffi | $476,215 | |
| Previous Owner | Kelley Hollis Nicholas | $295,920 | |
| Previous Owner | Cheong Fong | $153,600 | |
| Previous Owner | Irving Darlene | $288,000 | |
| Previous Owner | Irving Darlene | $69,000 | |
| Previous Owner | Irving Darlene | $292,566 | |
| Previous Owner | Irving Darlene | $249,050 | |
| Previous Owner | Irving Darlene | $203,000 | |
| Previous Owner | Irving Glen S | $183,000 | |
| Previous Owner | Irving Glen S | $144,888 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/24/2020 11/24/20 | Sold | $485,000 | +10.3% | $164 / Sq Ft |
| 09/30/2020 09/30/20 | Pending | -- | -- | -- |
| 09/24/2020 09/24/20 | For Sale | $439,900 | -- | $149 / 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 | $7,353 | $640,500 | $170,900 | $469,600 |
| 2024 | $6,845 | $574,700 | $159,800 | $414,900 |
| 2023 | $6,357 | $511,800 | $138,900 | $372,900 |
| 2022 | $5,881 | $463,400 | $126,300 | $337,100 |
| 2021 | $5,035 | $374,100 | $109,900 | $264,200 |
| 2020 | $4,569 | $342,000 | $98,600 | $243,400 |
| 2019 | $4,326 | $308,100 | $97,700 | $210,400 |
| 2018 | $4,682 | $281,400 | $93,100 | $188,300 |
| 2017 | $3,906 | $261,800 | $90,100 | $171,700 |
| 2016 | $3,837 | $253,100 | $81,200 | $171,900 |
| 2015 | $3,576 | $231,000 | $81,200 | $149,800 |
| 2013 | $3,310 | $220,500 | $92,700 | $127,800 |
Source: Public Records
Agents Affiliated with this Home
-
C
Seller's Agent in 2020
Chinatti Realty Group
Chinatti Realty Group, Inc.
-
Tyler Siegal
T
Seller Co-Listing Agent in 2020
Tyler Siegal
Coldwell Banker Realty - Newton
(617) 775-2660
1 in this area
42 Total Sales
-
Terrance Moreau
Buyer's Agent in 2020
Terrance Moreau
Coldwell Banker Realty - Dorchester
(857) 308-8224
1 in this area
93 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72732246
APN: LOWE-000126-002385-000016
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