NOT LISTED FOR SALE

163 Summer St Lowell, MA 01852

Back Central Neighborhood

Estimated Value: $477,544 - $676,000

6 Beds
4 Baths
3,351 Sq Ft
$184/Sq Ft Est. Value

Last Sold April 20, 2023

Last sale price $510,000 $152 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $3,456/month

4 Days on Market

Highlights

  • 0.12 Acre Lot
  • Property is near public transit and schools
  • Park
  • Deck
  • Wood Flooring
  • 4-minute walk to South Common Park

About This Home

As of April 2023

Excellent opportunity to invest and own a massive two-family home over 3,000 sqft in Lowell. Great location, near downtown Lowell, the train station and highway access. Conveniently in close proximity to stores, restaurants, park and schools. Roof, baseboard heaters and windows, updated in 2012. First unit features two bedrooms, hardwood floors, and a mudroom. Second unit has two levels, with two bedrooms, full bathroom on one floor and two bedrooms and another full bathroom above on the third floor, as well as two additional bonus rooms that can be used as office, playroom, or guestrooms. Basement with plenty of storage with full bathroom. The property has a sizable deck that is situated on a large, fenced-in yard, ideal for cookouts in the spring/summer. Plenty of on street parking. Amazing potential to truly make this house your own and receive passive income. Second unit is empty. Open House Feb Sat 25th & Sun 26th 2-4PM. Offer deadline Tues Feb 28th at12pm.

Last Agent to Sell the Property

Bonieta Lach

Pailin Realty Listed on: 02/23/2023

Co-Listed By

Rasy An

Pailin Realty

Last Buyer's Agent

Sara Hrono

Century 21 North East

Century 21 North East

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,260

Year Built

  • Built in 1880

Lot Details

  • 5,197 Sq Ft Lot
  • Fenced

Home Design

  • Stone Foundation
  • Shingle Roof

Interior Spaces

  • 3,351 Sq Ft Home
  • Property has 1 Level
  • Walk-Out Basement
  • Washer Hookup

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Parking

  • 2 Car Parking Spaces
  • On-Street Parking
  • Open Parking

Schools

  • Rogers Elementary And Middle School
  • Lowell High School

Utilities

  • 3 Heating Zones
  • Heating Available
  • Natural Gas Connected
  • Gas Water Heater

Additional Features

  • Deck
  • Property is near public transit and schools

Listing and Financial Details

  • Assessor Parcel Number M:161 B:5570 L:163,3187565

Community Details

Overview

  • 2 Units

Recreation

  • Park

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,260

Year Built

Built in 1880

Lot Details

5,197 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1880
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Laminate,Hardwood, Unit 1(undefined)
  • Interior Amenities: Unit 1 Rooms(Living Room,Kitchen,Mudroom), Unit 2 Rooms(Living Room,Kitchen,Office/Den)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator), Gas Water Heater,Electric Water Heater, Utility Connections for Gas Range
  • Total Bedrooms: 6
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Laundry Features: Washer Hookup
  • Basement: Walk-Out Access
  • Living Area: 3351
  • Stories Total: 3
  • MAIN LO: AN2766
  • MAIN SO: AN4339

Exterior Features

  • Fencing: Fenced/Enclosed, Fenced
  • Foundation Details: Stone
  • Patio And Porch Features: Deck
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: On Street
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, Washer Hookup
  • Heating: Unit 1(Forced Air,Hot Water Baseboard,Gas), Unit 2(Forced Air,Hot Water Baseboard,Gas,Electric)
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3

Condo/Co-op/Association

  • Community Features: Public Transportation, Park, Highway Access, House of Worship, Public School, T-Station

Lot Info

  • Parcel Number: M:161 B:5570 L:163,3187565
  • Zoning: TMF
  • Farm Land Area Units: Square Feet
  • Lot Features: Other
  • Lot Size Acres: 0.12
  • Lot Size Sq Ft: 5197
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5260

Multi Family

  • Number Of Units Total: 2
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: N
  • LEASE 1: N

MLS Schools

  • High School: Lowell High
  • Elementary School: Rogers
  • Middle Or Junior School: Rogers

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 13, 2023
Sold by
Jaramillo Pablo M
Bought by
Velasquez Madeline and Medina Susana U
Current Estimated Value
$615,136

Purchase Details

Listed on
Feb 23, 2023
Closed on
Apr 19, 2023
Sold by
Chanthavisouk Phengsy
Bought by
Jaramillo Pablo M
Seller's Agent
Bonieta Lach
Pailin Realty
Buyer's Agent
Sara Hrono
Century 21 North East
List Price
$519,000
Sold Price
$510,000
Premium/Discount to List
-$9,000
-1.73%
Views
102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.75%
Original Mortgage
$484,500
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 31, 2013
Sold by
153 Summer St Lowell R and Antoni
Bought by
Antoni Mirela and Antoni Valentin

Purchase Details

Closed on
Jul 5, 2001
Sold by
Sihanourath Phoumasay and Sihanourath Vatsana
Bought by
Chanthavisouk Paul and Chanthavisouk Phengsy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
7.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 30, 1996
Sold by
Picanso Alziro
Bought by
Sihanourath Phoumasay and Sihanourath Vatsana

Purchase Details

Closed on
Apr 26, 1990
Sold by
Picanso Jesunia
Bought by
Picanso Alziro C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Velasquez Madeline -- None Available
Velasquez Madeline -- None Available
Jaramillo Pablo M $510,000 None Available
Antoni Mirela -- --
Antoni Mirela -- --
Antoni Mirela -- --
Chanthavisouk Paul $140,000 --
Chanthavisouk Paul $140,000 --
Sihanourath Phoumasay $63,000 --
Sihanourath Phoumasay $63,000 --
Picanso Alziro C $62,500 --
Picanso Alziro C $62,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jaramillo Pablo M $484,500
Previous Owner Picanso Alziro C $133,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2023 04/20/23 Sold $510,000 -1.7% $152 / Sq Ft
02/28/2023 02/28/23 Pending -- -- --
02/23/2023 02/23/23 For Sale $519,000 -- $155 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $3,568 $310,800 $123,000 $187,800
2024 $6,273 $526,700 $110,900 $415,800
2023 $5,842 $470,400 $96,500 $373,900
2022 $5,260 $414,500 $76,100 $338,400
2021 $4,882 $362,700 $66,200 $296,500
2020 $4,389 $328,500 $55,100 $273,400
2019 $3,972 $282,900 $51,100 $231,800
2018 $3,690 $256,400 $48,600 $207,800
2017 $3,623 $242,800 $53,000 $189,800
2016 $3,685 $243,100 $53,300 $189,800
2015 $3,392 $219,100 $53,300 $165,800
2013 $3,038 $202,400 $61,500 $140,900
Source: Public Records

Agents Affiliated with this Home

  • Bonieta Lach

    Seller's Agent in 2023

    Bonieta Lach

    Pailin Realty

    (978) 761-9662

    1 in this area

    49 Total Sales

    Bonieta Lach
    Section Image

  • R

    Seller Co-Listing Agent in 2023

    Rasy An

    Pailin Realty

    (978) 319-8958

    2 in this area

    102 Total Sales

    Rasy An
    Section Image
  • Sara Hrono

    Buyer's Agent in 2023

    Sara Hrono

    Century 21 North East

    (617) 222-0931

    2 in this area

    170 Total Sales

    Sara Hrono
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73081352

MLS Property Information Network (MLS PIN)

APN: LOWE-000161-005570-000163

Massachusetts Middlesex County Lowell 01852 Back Central

163 Summer St, Lowell, MA

Not Listed for Sale

MultiFamily

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