NOT LISTED FOR SALE

224 Barker Ave Lowell, MA 01850

Centralville Neighborhood

Estimated Value: $611,000 - $831,000

4 Beds
4 Baths
2,160 Sq Ft
$323/Sq Ft Est. Value

Last Sold September 17, 2021

Last sale price $505,000 $234 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $4,298/month

12 Days on Market

About This Home

As of September 2021

Opportunity knocks on this 2 bedroom, 1.5 bath duplex built by the owner in 1986. Each unit features eat in kitchen and generous sized living room with 2 bedrooms upstairs. Each unit has its own full height basement with washer/ dryer hook ups. One side has fenced in back yard. Separate utilities with city water, sewer and trash pick up. Great for an investment or owner occupied rental opportunity. Buyer/buyers agent must conduct their own due diligence, verifications and research. No showings until open house. Open house 7/24 and 7/25 from 12pm-2pm.

Last Agent to Sell the Property

Peter Pappas

RE/MAX Innovative Properties Listed on: 07/21/2021

RE/MAX Innovative Properties

Last Buyer's Agent

Kathy Pappas

RE/MAX Innovative Properties

RE/MAX Innovative Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,623

Year Built

  • Built in 1986

Lot Details

  • 9,148 Sq Ft Lot
  • Corner Lot

Home Design

  • Duplex
  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 2,160 Sq Ft Home
  • Property has 2 Levels
  • Insulated Windows
  • Block Basement Construction
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 6 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Utilities

  • Heating Available
  • 100 Amp Service
  • Gas Water Heater

Community Details

  • 2 Units
  • Net Operating Income $1,224

Listing and Financial Details

  • Total Actual Rent $2,275
  • Rent includes unit 1(none), unit 2(none)
  • Assessor Parcel Number M:172 B:395 L:224,3188643

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,623

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1986
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Transaction Broker: 2
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 4

Interior Features

  • Flooring: Unit 1(undefined), Unit 2(Tile Floor,Hardwood Floors)
  • Interior Amenities: Unit 1(Ceiling Fans), Unit 2(Ceiling Fans), Unit 1 Rooms(Living Room,Dining Room,Kitchen,Family Room), Unit 2 Rooms(Living Room,Dining Room,Kitchen,Family Room)
  • Fireplace YN: No
  • Appliances: Gas Water Heater
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bathrooms: 4
  • Total Bathrooms: 3
  • Laundry Features: Unit 1(Washer & Dryer Hookup)
  • Basement: Concrete
  • Living Area: 2160
  • Stories Total: 4
  • Window Features: Insulated Windows
  • MAIN LO: AN3560
  • LIST PRICE PER Sq Ft: 222.18
  • PRICE PER Sq Ft: 233.8
  • MAIN SO: AN3560

Exterior Features

  • Construction Materials: Frame, Block
  • Foundation Details: Block
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Heating: Unit 1(Forced Air,Gas), Unit 2(Forced Air)
  • Electric: 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • SEWAGE DISTRICT: city

Condo/Co-op/Association

  • Rent Includes: Unit 1(None), Unit 2(None)

Lot Info

  • Parcel Number: M:172 B:395 L:224,3188643
  • Zoning: TSF
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.21
  • Lot Size Area: 0.21
  • Lot Size Sq Ft: 9147.6
  • Lot Size Units: Acres
  • LOT SIZE: 9024
  • PAGE: 85

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 4623
  • Tax Book Number: 2829

Multi Family

  • Gross Income: 1224
  • Net Operating Income: 1224
  • Number Of Units Total: 2
  • Total Actual Rent: 2275
  • LEVELS 1: 2
  • LEVELS 2: 2
  • LEASE 2: Y
  • LEASE 1: N

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2021
Closed on
Oct 2, 2021
Sold by
Ngoc-Nguyen Phu and Le Kim T
Bought by
Kim Phu Ft and Ngoc-Nguyen
Seller's Agent
Peter Pappas
RE/MAX Innovative Properties
Buyer's Agent
Kathy Pappas
RE/MAX Innovative Properties
List Price
$479,900
Sold Price
$505,000
Premium/Discount to List
$25,100
5.23%
Current Estimated Value
$698,504

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,504
Avg. Annual Appreciation
8.34%
Original Mortgage
$378,750
Outstanding Balance
$344,120
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$354,384

Purchase Details

Listed on
Jul 21, 2021
Closed on
Sep 17, 2021
Sold by
Gonsalves Barbara and Gonsalves Frank
Bought by
Nguyen Phu N
Seller's Agent
Peter Pappas
RE/MAX Innovative Properties
Buyer's Agent
Kathy Pappas
RE/MAX Innovative Properties
List Price
$479,900
Sold Price
$505,000
Premium/Discount to List
$25,100
5.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,750
Outstanding Balance
$344,120
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$354,384

Purchase Details

Closed on
Aug 22, 1984
Bought by
Gonsalves Frank and Gonsalves Barbara
Source: Public Records

Range of Values:

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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
Kim Phu Ft -- None Available
Kim Phu Ft -- None Available
Ngoc-Nguyen Phu -- None Available
Nguyen Phu N $505,000 None Available
Gonsalves Frank $5,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nguyen Phu N $378,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/17/2021 09/17/21 Sold $505,000 +5.2% $234 / Sq Ft
07/31/2021 07/31/21 Pending -- -- --
07/19/2021 07/19/21 For Sale $479,900 -- $222 / Sq Ft
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 $6,971 $607,200 $164,400 $442,800
2024 $6,450 $541,600 $163,300 $378,300
2023 $6,132 $493,700 $142,000 $351,700
2022 $5,501 $433,500 $129,100 $304,400
2021 $5,241 $389,400 $112,300 $277,100
2020 $4,623 $346,000 $92,300 $253,700
2019 $4,246 $302,400 $74,100 $228,300
2018 $3,967 $279,100 $70,600 $208,500
2017 $3,960 $265,400 $55,300 $210,100
2016 $3,931 $259,300 $59,500 $199,800
2015 $3,697 $238,800 $59,500 $179,300
2013 $3,655 $243,500 $79,500 $164,000
Source: Public Records

Agents Affiliated with this Home

  • Peter Pappas

    Seller's Agent in 2021

    Peter Pappas

    RE/MAX

    (978) 423-4859

    2 in this area

    10 Total Sales

    Peter Pappas
    Section Image
  • Kathy Pappas

    Buyer's Agent in 2021

    Kathy Pappas

    RE/MAX

    (978) 423-4860

    3 in this area

    26 Total Sales

    Kathy Pappas
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72868931

MLS Property Information Network (MLS PIN)

APN: LOWE-000172-000395-000224

Massachusetts Middlesex County Lowell 01850 Centralville

224 Barker Ave, Lowell, MA

This home is located at 224 Barker Ave, Lowell, MA 01850 since 21 July 2021 and is currently estimated at $698,504, approximately $323 per square foot. This property was built in 1986. 224 Barker Ave is a home located in Middlesex County with nearby schools including Greenhalge Elementary School, S. Christa McAuliffe Elementary School, and Moody Elementary School.

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.

MLS Property Information Network (MLS PIN) 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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