179 School St Lowell, MA 01854
Acre NeighborhoodEstimated Value: $576,739 - $650,000
7
Beds
2
Baths
2,880
Sq Ft
$213/Sq Ft
Est. Value
Highlights
- Deck
- Laundry Room
- Heating Available
About This Home
As of February 2024This Two-Unit Multifamily is located in Downtown Lowell, walking distance to UMASS Lowell and the Lowell Commuter Rail Station, is great for investors as well as owner occupants looking to house hack. Current owners live in both units for 15 years and have not rented it out, preserving its condition. First Unit has 4 bedrooms, 1 full bathroom with a tub, a huge open concept living/dining space, and in-unit laundry room off the kitchen. Heating for this unit is gas powered hot water baseboards. Second Unit is a similar layout but has 3 bedrooms, 1 full bathroom with a tub, a huge open concept living/dining space, an extra room for storage (could be turned into walk in closet), and in-unit laundry room off the kitchen. This unit also has a private deck that looks out to the front of the house. Heating for this unit is electric baseboards. The home is equipped with solar panels that are leased and transferrable to new owners. The back yard is fully paved with no grass just a tree.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,611
Year Built
- Built in 1880
Lot Details
- 3,700
Home Design
- Duplex
- Stone Foundation
- Shingle Roof
Interior Spaces
- 2,880 Sq Ft Home
- Property has 1 Level
Bedrooms and Bathrooms
- 7 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry Room
- Washer
Parking
- 1 Car Parking Space
- Driveway
- Paved Parking
- Open Parking
- Off-Street Parking
Utilities
- Heating Available
- Natural Gas Connected
Additional Features
- Deck
- 3,700 Sq Ft Lot
Community Details
- 2 Units
- Net Operating Income $60,000
Listing and Financial Details
- Total Actual Rent $5,100
- Assessor Parcel Number 3182646
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 3, 2008
Sold by
Fnma
Bought by
Seng Chetra C and Chbuon Pean
Total Days on Market
5
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,009
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 8, 2007
Sold by
Onyeulo Chijioke and Countrywide Home Loans
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Jul 18, 2005
Sold by
Cisco Jerry E and Cisco Korpo M
Bought by
Onyeulo Chijioke
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
5.67%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 21, 2004
Sold by
Cisco Korpo M
Bought by
Cisco Jerry E and Cisco Korpo M
Similar Homes in Lowell, MA
Create a Home Valuation Report for This Property
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 |
|---|---|---|---|
| Seng Chetra C | $177,400 | -- | |
| Seng Chetra C | $177,400 | -- | |
| Federal National Mortgage Association | $276,691 | -- | |
| Federal National Mortgage Association | $276,691 | -- | |
| Onyeulo Chijioke | $320,000 | -- | |
| Onyeulo Chijioke | $320,000 | -- | |
| Cisco Jerry E | -- | -- | |
| Cisco Jerry E | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Matos Amancia D | $522,500 | |
| Closed | Matos Amancia D | $522,500 | |
| Closed | Chbuon Pean | $177,350 | |
| Closed | Chuuon Pean | $162,492 | |
| Closed | Seng Chetra C | $176,009 | |
| Closed | Seng Chetra C | $7,983 | |
| Previous Owner | Onyeulo Chijioke | $90,000 | |
| Previous Owner | Onyeulo Chijioke | $256,000 | |
| Previous Owner | Onyeulo Chijioke | $64,000 | |
| Previous Owner | Cisco Korpo M | $13,750 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/06/2024 02/06/24 | Sold | $550,000 | +0.2% | $191 / Sq Ft |
| 12/19/2023 12/19/23 | Pending | -- | -- | -- |
| 12/13/2023 12/13/23 | For Sale | $549,000 | -- | $191 / 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 | $6,532 | $569,000 | $98,300 | $470,700 |
| 2024 | $6,022 | $505,600 | $91,800 | $413,800 |
| 2023 | $5,611 | $451,800 | $79,900 | $371,900 |
| 2022 | $5,188 | $408,800 | $72,600 | $336,200 |
| 2021 | $4,809 | $357,300 | $63,100 | $294,200 |
| 2020 | $4,342 | $325,000 | $53,900 | $271,100 |
| 2019 | $3,963 | $282,300 | $47,500 | $234,800 |
| 2018 | $3,675 | $255,400 | $45,300 | $210,100 |
| 2017 | $3,473 | $232,800 | $41,200 | $191,600 |
| 2016 | $3,528 | $232,700 | $41,100 | $191,600 |
| 2015 | $3,242 | $209,400 | $42,400 | $167,000 |
| 2013 | $2,963 | $197,400 | $56,400 | $141,000 |
Source: Public Records
Agents Affiliated with this Home
-
Alan Qiu
Seller's Agent in 2024
Alan Qiu
Coldwell Banker Realty - Newton
(617) 888-2542
2 in this area
72 Total Sales
-
Sara Hrono
Buyer's Agent in 2024
Sara Hrono
Century 21 North East
(617) 222-0931
4 in this area
177 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73187134
APN: LOWE-000118-005240-000179
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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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