NOT LISTED FOR SALE

227 Concord St Lowell, MA 01852

Lower Belvidere Neighborhood

Estimated Value: $494,661 - $561,000

4 Beds
2 Baths
2,443 Sq Ft
$218/Sq Ft Est. Value

Last Sold February 21, 2023

Last sale price $460,000 $188 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,491/month

6 Days on Market

Highlights

  • Medical Services
  • Property is near public transit
  • Laundry Room
  • City View
  • Cooling Available
  • Coin Laundry

About This Home

As of February 2023

Large two-family in back central neighborhood. Bottom floor unit has laundry in the basement and good sized bedrooms. Top floor unit has two large bedrooms and laundry in the unit. Top unit spans floors 2 and 3 with potential to expand. Off street parking for at least 2 cars. For outside enjoyment, each unit has a covered deck and there is shared space in the fenced-in backyard. Easy access to the Lowell Connector, public transportation and Route 3. Great income potential. Priced to sell!

Last Agent to Sell the Property

Amy Lauro

Unique Realty , LLC Listed on: 12/30/2022

Last Buyer's Agent

Geli Saroufim

LAER Realty Partners

LAER Realty Partners

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,528

Year Built

  • Built in 1900

Lot Details

  • 2,400 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Parking Spaces

Home Design

  • Duplex
  • Stone Foundation

Interior Spaces

  • 2,443 Sq Ft Home
  • Property has 1 Level
  • City Views
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Total Actual Rent $2,200
  • Assessor Parcel Number 3193059

Community Details

Amenities

  • Medical Services
  • Coin Laundry

Additional Features

  • 2 Units
  • Net Operating Income $26,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,528

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1900
  • Buyer Agency: 2%
  • Buyer Agency Type: %
  • Transaction Broker: 1%
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Interior Amenities: Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Laundry Features: Unit 1 Laundry Room, Unit 2 Laundry Room
  • Basement: Full, Partially Finished
  • Living Area: 2443
  • Stories Total: 3
  • MAIN LO: AN5784
  • LIST PRICE PER Sq Ft: 143.27
  • PRICE PER Sq Ft: 188.29
  • MAIN SO: AN1378

Exterior Features

  • Foundation Details: Stone
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • View: City View(s)
  • View YN: Yes
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Unit 1(Window AC), Unit 2(Window AC)
  • Heating: Unit 1(Hot Water Baseboard), Unit 2(Hot Water Baseboard)
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Medical Facility, Laundromat, Highway Access, Public School, T-Station, University

Lot Info

  • Parcel Number: 3193059
  • Zoning: TTF
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.06
  • Lot Size Area: 0.06
  • Lot Size Sq Ft: 2400
  • Lot Size Units: Acres
  • PAGE: 21
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7528
  • Tax Book Number: 18922

Multi Family

  • Gross Income: 26400
  • Net Operating Income: 26400
  • Number Of Units Total: 2
  • Total Actual Rent: 2200
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 2
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2005
Sold by
Silva Fernando and Silva Maria
Bought by
Muite Paul S
Total Days on Market
6
Current Estimated Value
$531,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,800
Interest Rate
5.73%

Purchase Details

Closed on
Nov 2, 1999
Sold by
Silva Joao M and Silva Lucia F
Bought by
Silva Daniel J and Silva Angela M
Source: Public Records

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Range of Values:

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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
Muite Paul S $346,000 --
Muite Paul S $346,000 --
Silva Daniel J $80,000 --
Silva Daniel J $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bucci Arilucia D $442,612
Closed Bucci Arilucia D $442,612
Closed Muite Paul $402,528
Closed Muite Paul $276,800
Closed Muite Paul $69,200
Previous Owner Silva Daniel J $140,000
Previous Owner Silva Daniel J $65,184
Previous Owner Silva Daniel J $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2023 02/21/23 Sold $460,000 +31.4% $188 / Sq Ft
01/06/2023 01/06/23 Pending -- -- --
12/30/2022 12/30/22 For Sale $350,000 -- $143 / 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 $6,100 $531,400 $98,000 $433,400
2024 $5,224 $438,600 $96,000 $342,600
2023 $4,860 $391,300 $83,500 $307,800
2022 $4,376 $344,800 $66,400 $278,400
2021 $4,058 $301,500 $57,800 $243,700
2020 $3,802 $284,600 $60,000 $224,600
2019 $3,610 $257,100 $59,700 $197,400
2018 $3,362 $233,600 $56,900 $176,700
2017 $3,176 $212,900 $51,700 $161,200
2016 $3,147 $207,600 $46,400 $161,200
2015 $2,893 $186,900 $46,400 $140,500
2013 $2,897 $193,000 $53,600 $139,400
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2023

    Amy Lauro

    Unique Realty , LLC

    (978) 618-6756

    2 in this area

    135 Total Sales

    Section Image
  • Geli Saroufim

    Buyer's Agent in 2023

    Geli Saroufim

    Laer Realty

    (781) 521-2643

    1 in this area

    10 Total Sales

    Geli Saroufim
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73066969

MLS Property Information Network (MLS PIN)

APN: LOWE-000201-001445-000227

Massachusetts Middlesex County Lowell 01852 Lower Belvidere

227 Concord St, Lowell, MA

This home is located at 227 Concord St, Lowell, MA 01852 since 30 December 2022 and is currently estimated at $531,415, approximately $217 per square foot. This property was built in 1900. 227 Concord St is a home located in Middlesex County with nearby schools including Moody Elementary School, Abraham Lincoln Elementary School, and Greenhalge Elementary School.

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