Edouard Joseph
Advanced Realty Company
(857) 666-7381
56 Total Sales
1 in Back Central
$330,000 Price
16 Walnut St Lowell, MA 01852
Back Central Neighborhood
9
Beds
5
Baths
5,749
Sq Ft
2,970
Sq Ft Lot
Highlights
- Property is near public transit
- Shops
- 5-minute walk to South Common Park
- Wood Flooring
- Level Lot
About This Home
As of March 2024***BONUS LOT*** Looking for a good investment property? This commuter friendly 5 family located in Lowell also comes with a vacant 5473 sf lot(15 Auburn Street) currently used for parking which also generates income. Buyer to perform due diligence/research on potential development of vacant lot. Rubber roof replaced approx 6 yrs ago. Heat supplied: 2 units gas FHA, 2 units Electric and 1 unit Gas FHW baseboard. 2nd Fl units are new. All units gas hot water. Property currently renting under market value with separate utilities. Lead Safe Homes indicates 4 out of 5 units have lead compliance.
Last Agent to Sell the Property
Kathy Pappas
RE/MAX Innovative Properties Listed on: 09/30/2023
Last Buyer's Agent
Non Member
Non Member Office
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,248
Year Built
- Built in 1900
Lot Details
- 2,970 Sq Ft Lot
- Level Lot
Home Design
- 5,749 Sq Ft Home
- Stone Foundation
- Frame Construction
- Rubber Roof
- Stone
Flooring
- Wood
- Tile
- Vinyl
Bedrooms and Bathrooms
- 9 Bedrooms
- 5 Full Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Dirt Floor
Parking
- 16 Car Parking Spaces
- Stone Driveway
- Off-Street Parking
Utilities
- Separate Meters
- 200+ Amp Service
Additional Features
- Range
- Property is near public transit
Listing and Financial Details
- Total Actual Rent $6,960
- Assessor Parcel Number M:181 B:6095 L:16
Community Details
Overview
- 5 Units
- Property has 1 Level
Amenities
- Shops
Building Details
- Electric Expense $240
- Insurance Expense $5,500
- Water Sewer Expense $4,000
- Operating Expense $12,260
- Net Operating Income $75,460
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 30, 2023
Closed on
Mar 5, 2024
Sold by
Bought by
Seller's Agent
Kathy Pappas
RE/MAX Innovative Properties
Buyer's Agent
Non Member
Non Member Office
List Price
$889,000
Sold Price
$890,000
Premium/Discount to List
$1,000
0.11%
Views
303
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$486,621
Interest Rate
6.6%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 18, 2004
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Back Central, MA
-
Edouard Joseph
-
Sandra Buker
Sandra Buker
Keller Williams Realty/Merrimack Valley
(978) 404-5461
94 Total Sales
3 in Back Central
$200K - $380K Price Range
-
Key Nova Group
Key Nova Group
Stuart St James, Inc.
(978) 788-8152
22 Total Sales
1 in Back Central
$740,000 Price
-
The Espinola Group
TG
The Espinola Group
Keller Williams Realty-Merrimack
7 Total Sales
1 in Back Central
$200,000 Price
-
Kelly Espinola
Kelly Espinola
Keller Williams Realty-Merrimack
(351) 215-0914
146 Total Sales
8 in Back Central
$200K - $635K Price Range
-
Kelly Dimbat
Kelly Dimbat
Lamacchia Realty, Inc.
(781) 557-4147
118 Total Sales
2 in Back Central
$575K - $670K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $890,000 | None Available | ||
| $260,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $500,000 | ||
| Previous Owner | $250,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/05/2024 03/05/24 | Sold | $890,000 | +0.1% | $155 / Sq Ft |
| 12/12/2023 12/12/23 | Pending | -- | -- | -- |
| 11/12/2023 11/12/23 | For Sale | $889,000 | 0.0% | $155 / Sq Ft |
| 10/26/2023 10/26/23 | Pending | -- | -- | -- |
| 09/30/2023 09/30/23 | For Sale | $889,000 | -- | $155 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $8,393 | $731,100 | $107,600 | $623,500 |
| 2024 | $8,061 | $676,800 | $97,100 | $579,700 |
| 2023 | $8,248 | $664,100 | $84,400 | $579,700 |
| 2022 | $7,089 | $558,600 | $66,600 | $492,000 |
| 2021 | $6,614 | $491,400 | $57,900 | $433,500 |
| 2020 | $6,436 | $481,700 | $48,200 | $433,500 |
| 2019 | $5,257 | $374,400 | $44,700 | $329,700 |
| 2018 | $5,075 | $352,700 | $42,500 | $310,200 |
| 2017 | $4,642 | $311,100 | $46,400 | $264,700 |
| 2016 | $4,719 | $311,300 | $46,600 | $264,700 |
| 2015 | $4,166 | $269,100 | $46,600 | $222,500 |
| 2013 | $3,753 | $250,000 | $53,800 | $196,200 |
Source: Public Records
Agents Affiliated with this Home
-
K
Seller's Agent in 2024
Kathy Pappas
RE/MAX
-
Peter Pappas
Seller Co-Listing Agent in 2024
Peter Pappas
RE/MAX
(978) 423-4859
1 in this area
8 Total Sales
-
N
Buyer's Agent in 2024
Non Member
Non Member Office
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73163082
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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