NOT LISTED FOR SALE

Estimated Value: $730,000 - $852,000

12 Beds
3 Baths
3,890 Sq Ft
$204/Sq Ft Est. Value

Last Sold February 27, 2023

Last sale price $655,000 $168 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $4,782/month

3 Days on Market

Highlights

  • Medical Services
  • Corner Lot
  • Coin Laundry
  • Property is near public transit
  • Shops

About This Home

As of February 2023

Opportunity presents itself in this triple-decker just off Aiken Ave. Large floor plan for all units (same layout), each with its own eat-in kitchen, living room, four bedrooms and one full bath. All units are separately metered and tenants are responsible for payment of own electric, heat, hot water and cooking. Well maintained property by active owner. All units are lead compliant w/certificates of deleading compliance in hand. All units have both central heat/central air. Location is on public transit and within a short distance of all area amenities. Reap the rewards and upside potential w/this strong cash flowing property.

Last Agent to Sell the Property

Brian Donoghue

Universal Property Management Listed on: 01/11/2023

Last Buyer's Agent

Christopher Gianatassio

CDG Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,545

Year Built

  • Built in 1900

Lot Details

  • 3,381 Sq Ft Lot
  • Corner Lot
  • Level Lot

Parking

  • Open Parking

Home Design

  • 3,890 Sq Ft Home
  • Frame Construction
  • Rubber Roof

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 3 Full Bathrooms

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Lowell Public Elementary And Middle School
  • Lowell Public High School

Additional Features

  • Unfinished Basement

Listing and Financial Details

  • Total Actual Rent $5,350
  • Assessor Parcel Number 3186797

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Building Details

  • Net Operating Income $64,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,545

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1900
  • Year Built Details: Unknown/Mixed
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Interior Amenities: Other (See Remarks)
  • Fireplace YN: No
  • Total Bedrooms: 12
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Unfinished
  • Living Area: 3890
  • Stories Total: 6
  • MAIN LO: D95031
  • MAIN SO: AN7761

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Other
  • Road Frontage Type: Public
  • Roof: Rubber
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station, University

Lot Info

  • Parcel Number: 3186797
  • Zoning: TMF
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot, Level
  • Lot Size Acres: 0.08
  • Lot Size Sq Ft: 3381
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7545.47

Multi Family

  • Net Operating Income: 64200
  • Number Of Units Total: 3
  • Total Actual Rent: 5350
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 3: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 3

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2023
Closed on
Apr 11, 2023
Sold by
Dolabany Patrick and Dolabany Samantha
Bought by
Dolabany Realty Llc
Seller's Agent
Brian Donoghue
Universal Property Management
Buyer's Agent
Christopher Gianatassio
CDG Realty Group
List Price
$650,000
Sold Price
$655,000
Premium/Discount to List
$5,000
0.77%
Views
68
Current Estimated Value
$793,126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,126
Avg. Annual Appreciation
7.13%

Purchase Details

Closed on
Mar 29, 2019
Sold by
Coldan Properties Llc
Bought by
Chasse Realty Llc

Purchase Details

Closed on
Jun 20, 2008
Sold by
Loon Hill Dev Inc
Bought by
Coldan Prop Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 29, 2008
Sold by
Chasse Daniel F and Jusczak Timothy J
Bought by
Loon Hill Dev Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 16, 2008
Sold by
Southstar I Llc
Bought by
Chasse Daniel F and Jusczak Timothy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 5, 2008
Sold by
South Point Inc and Gathekia
Bought by
South Point Inc

Purchase Details

Closed on
Sep 13, 2006
Sold by
Gathekia Ephantus G and Githui Zipporah W
Bought by
Gathekia Ephantus G

Purchase Details

Closed on
Nov 17, 2005
Sold by
Chiotelis Louann C and Chiotelis Luke C
Bought by
Gathekia Ephantus G and Githui Zipporah W

Purchase Details

Closed on
Aug 17, 1998
Sold by
Roy Cumberland T and Roy R
Bought by
Chiotelis Luke C and Chiotelis Louann
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Dolabany Realty Llc -- None Available
Dolabany Realty Llc -- None Available
Chasse Realty Llc -- --
Chasse Realty Llc -- --
Coldan Prop Llc -- --
Coldan Prop Llc -- --
Coldan Prop Llc -- --
Loon Hill Dev Inc -- --
Loon Hill Dev Inc -- --
Chasse Daniel F $180,000 --
Chasse Daniel F $180,000 --
Southstar I Llc -- --
South Point Inc $167,300 --
South Point Inc $167,300 --
Gathekia Ephantus G -- --
Gathekia Ephantus G -- --
Gathekia Ephantus G -- --
Gathekia Ephantus G $357,000 --
Gathekia Ephantus G $357,000 --
Chiotelis Luke C $102,000 --
Chiotelis Luke C $102,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Coldan Prop Llc $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2023 02/27/23 Sold $655,000 +0.8% $168 / Sq Ft
01/15/2023 01/15/23 Pending -- -- --
01/11/2023 01/11/23 For Sale $650,000 0.0% $167 / Sq Ft
01/01/2020 01/01/20 Rented $1,700 -5.6% --
12/30/2019 12/30/19 Under Contract -- -- --
11/26/2019 11/26/19 For Rent $1,800 -- --
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 $7,325 $638,100 $115,700 $522,400
2024 $7,594 $637,600 $103,300 $534,300
2023 $7,385 $594,600 $83,600 $511,000
2022 $6,811 $536,700 $72,200 $464,500
2021 $5,879 $436,800 $62,800 $374,000
2020 $5,530 $413,900 $73,500 $340,400
2019 $5,276 $375,800 $61,200 $314,600
2018 $4,602 $334,200 $58,300 $275,900
2017 $4,491 $301,000 $48,300 $252,700
2016 $4,055 $267,500 $44,800 $222,700
2015 $3,878 $250,500 $44,800 $205,700
2013 $3,253 $216,700 $51,600 $165,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73069981

MLS Property Information Network (MLS PIN)

APN: LOWE-000154-001595-000222