NOT LISTED FOR SALE

Estimated Value: $831,000 - $864,000

10 Beds
4 Baths
4,164 Sq Ft
$204/Sq Ft Est. Value

Last Sold August 18, 2022

Last sale price $650,000 $156 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $5,249/month

5 Days on Market

Highlights

  • Medical Services
  • Wood Flooring
  • Park
  • Property is near public transit
  • Porch
  • Shops

About This Home

As of August 2022

Fantastic investment opportunity or owner occupy! Located near the Dracut line in a great area of Lowell, this large two-family side-by-side duplex boasts 5 bedrooms and 2 full bathrooms in EACH unit, with total 10 bedrooms and 4 full bathrooms. Both units have separate gas and electricity meters. Each unit offers 2 separate entrances and 9 foot ceilings. Updated front stairs, flooring and new paint, all new replacement windows, updated bath and new drain, and so much more! Each unit has new high efficiency gas hot air heating system, new cooking stove, and new gas hot water tanks. With a spacious basement with storage and a good size back yard, this one won’t last long! Open Houses are Saturday and Sunday 11:00-12:30. Offers due July 11th at 2pm.

Last Agent to Sell the Property

Michelle Walker

Gibson Sotheby's International Realty Listed on: 07/05/2022

Gibson Sotheby's International Realty

Last Buyer's Agent

Michelle Fermin

Century 21 North East

Century 21 North East

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,556

Year Built

  • Built in 1925

Lot Details

  • 4,977 Sq Ft Lot
  • Fenced

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 4,164 Sq Ft Home
  • Insulated Windows
  • Window Screens
  • Storm Doors
  • Washer and Electric Dryer Hookup

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 4 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Block Basement Construction

Parking

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

Outdoor Features

  • Bulkhead
  • Rain Gutters
  • Porch

Location

  • Property is near public transit

Schools

  • Mcauliffe Elementary School
  • Robinson Middle School
  • Lowell High School

Utilities

  • Heating Available
  • 100 Amp Service
  • Natural Gas Connected
  • Water Heater

Listing and Financial Details

  • Total Actual Rent $4,500
  • Assessor Parcel Number M:172 B:2040 L:23,3188680

Community Details

Overview

  • 2 Units
  • Property has 3 Levels

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Park

Building Details

  • Net Operating Income $54,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,556

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1925
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Dual Variable: Yes
  • Transaction Broker: 0
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 6

Interior Features

  • Flooring: Wood,Vinyl
  • Interior Amenities: Unit 1(Ceiling Fans,Lead Certification Available,Storage), Unit 2(Ceiling Fans,Lead Certification Available,Storage), Unit 1 Rooms(Living Room,Dining Room,Kitchen)
  • Door Features: Storm Door(s)
  • Fireplace YN: No
  • Appliances: Tank Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Dryer
  • Total Bedrooms: 10
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Total Bathrooms: 4
  • Laundry Features: Washer Hookup
  • Basement: Full, Walk-Out Access, Interior Entry, Bulkhead, Concrete
  • Living Area: 4164
  • Stories Total: 6
  • Window Features: Insulated Windows, Screens
  • MAIN LO: NB3534
  • LIST PRICE PER Sq Ft: 144.07
  • PRICE PER Sq Ft: 156.1
  • MAIN SO: AN4339

Exterior Features

  • Exterior Features: Rain Gutters
  • Construction Materials: Frame
  • Fencing: Fenced
  • Foundation Details: Stone
  • Patio And Porch Features: Porch
  • 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: 3

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Dryer, Washer Hookup
  • Heating: Unit 1(Forced Air,Gas,Individual,Unit Control), Unit 2(Forced Air,Gas,Individual,Unit Control)
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat

Lot Info

  • Parcel Number: M:172 B:2040 L:23,3188680
  • Zoning: M1001
  • Farm Land Area Units: Square Feet
  • Lot Features: Other
  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Sq Ft: 4977
  • Lot Size Units: Acres
  • PAGE: 114
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 6556
  • Tax Book Number: 23449

Multi Family

  • Gross Income: 54000
  • Net Operating Income: 54000
  • Number Of Units Total: 2
  • Total Actual Rent: 4500
  • LEVELS 1: 3
  • Basement Included Sq Ft: No
  • LEVELS 2: 3
  • LEASE 2: N
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 2: 1

MLS Schools

  • High School: Lowell H.S.
  • Elementary School: Mcauliffe
  • Middle Or Junior School: Robinson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 15, 2009
Sold by
Santana Margarita and Keefe Brian J
Bought by
Zhong Lei
Current Estimated Value
$850,029

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 21, 1999
Sold by
Keefe Brian J and Linnehan Paul B
Bought by
Santana Margarita
Source: Public Records

Range of Values:

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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
Zhong Lei $150,000 --
Zhong Lei $150,000 --
Santana Margarita -- --
Santana Margarita $136,500 --
Santana Margarita $136,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Divers Sadler $596,250
Closed Divers Sadler $487,500
Closed Zhong Lei $200,000
Closed Santana Margarita $33,000
Closed Zhong Lei $120,000
Previous Owner Santana Margarita $296,000
Previous Owner Santana Margarita $154,700
Previous Owner Santana Margarita $38,880
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2022 08/18/22 Sold $650,000 +8.4% $156 / Sq Ft
07/11/2022 07/11/22 Pending -- -- --
07/05/2022 07/05/22 For Sale $599,900 -- $144 / 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 $9,121 $794,500 $134,300 $660,200
2024 $8,204 $688,800 $125,500 $563,300
2023 $7,858 $632,700 $109,200 $523,500
2022 $6,854 $540,100 $99,200 $440,900
2021 $6,556 $487,100 $86,300 $400,800
2020 $5,906 $442,100 $75,400 $366,700
2019 $5,233 $372,700 $69,800 $302,900
2018 $4,969 $344,700 $66,500 $278,200
2017 $4,933 $330,600 $60,400 $270,200
2016 $4,789 $315,900 $59,000 $256,900
2015 $4,475 $289,100 $59,000 $230,100
2013 $4,257 $283,600 $68,900 $214,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73007075

MLS Property Information Network (MLS PIN)

APN: LOWE-000172-002040-000023