Team Tom Truong
eXp Realty LLC
(781) 430-4830
42 Total Sales
2 in Acre
$317K - $441K Price Range
231 School St Lowell, MA 01854
Acre NeighborhoodEstimated Value: $543,000 - $696,000
6
Beds
2
Baths
3,073
Sq Ft
$205/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Corner Lot
- Balcony
- Attic
- Covered Patio or Porch
- Living Room
About This Home
As of October 2024This two-family property is an excellent investment opportunity located blocks away from the UMass Lowell campus and could be great for student housing in the future. The first-floor unit offers three large bedrooms, an eat-in kitchen, a full bathroom, and hardwood floors throughout. The second-floor unit also includes three large bedrooms, an eat-in kitchen, a full bathroom, w/w carpet, 3rd floor-walk attic space that has potential expandable living space with one finished room. The property's systems have been updated, one heating system is new, both gas units and two electric meters, with tenants covering all utilities except water. W/D hook up in the basement. The current tenants pay $1,500 per month on a month-to-month basis. The property has a 2 garage, 2 car driveway, and two covered porches. Both units have been deleaded with certificates. An open house is scheduled for Saturday from 11:30 AM to 1:30 PM. This is a fantastic investment! Don't miss out!
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,648
Year Built
- Built in 1890
Lot Details
- 3,485 Sq Ft Lot
- Corner Lot
Parking
- 2 Car Garage
- Driveway
- Open Parking
Home Design
- Stone Foundation
- Frame Construction
- Shingle Roof
- Slate Roof
Interior Spaces
- 3,073 Sq Ft Home
- Property has 1 Level
- Living Room
- Basement Fills Entire Space Under The House
- Electric Dryer Hookup
- Attic
Kitchen
- Range
- Dishwasher
Flooring
- Wood
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 6 Bedrooms
- 2 Full Bathrooms
Outdoor Features
- Bulkhead
- Balcony
- Covered Patio or Porch
Utilities
- No Cooling
- 2 Heating Zones
- Heating System Uses Natural Gas
- 110 Volts
Community Details
- 2 Units
- Net Operating Income $36,000
Listing and Financial Details
- Total Actual Rent $3,000
- Rent includes unit 1(water), unit 2(water)
- Assessor Parcel Number M:118 B:5240 L:231,3182648
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 20, 2024
Closed on
Oct 1, 2024
Sold by
Bought by
Seller's Agent
Deb Forte
Century 21 North East
Buyer's Agent
Katie Ngan Vien
eXp Realty LLC - Corporate Office
List Price
$499,000
Sold Price
$570,000
Premium/Discount to List
$71,000
14.23%
Views
81
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,215
Avg. Annual Appreciation
5.34%
Original Mortgage
$427,500
Outstanding Balance
$418,865
Interest Rate
6.46%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$210,350
Purchase Details
Closed on
Oct 22, 2019
Sold by
Bought by
Purchase Details
Closed on
Jun 1, 2017
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,600
Interest Rate
3.97%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Apr 14, 2010
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
5.03%
Purchase Details
Closed on
Mar 29, 1999
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Acre, MA
-
Team Tom Truong
-
Roc Noelsaint
Roc Noelsaint
Responds QuicklyReal Broker MA, LLC
(781) 645-4872
25 Total Sales
1 in Acre
$632,500 Price
-
Jucelia Oliveira
Jucelia Oliveira
Delmaschio Group Realty
(781) 670-5516
61 Total Sales
1 in Acre
$705,000 Price
-
Patricia Sutherland
Patricia Sutherland
Responds QuicklyKeller Williams Realty Boston Northwest
(351) 300-4730
94 Total Sales
1 in Acre
$317,000 Price
-
Alina Wang
Alina Wang
Coldwell Banker Realty - Lexington
(774) 458-7979
253 Total Sales
2 in Acre
$605K - $750K Price Range
-
Robin Moore
Robin Moore
Churchill Properties
(401) 309-0652
41 Total Sales
1 in Acre
$1,090,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $570,000 | None Available | ||
| -- | -- | ||
| -- | -- | ||
| $146,000 | -- | ||
| $124,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $427,500 | ||
| Previous Owner | $201,600 | ||
| Previous Owner | $296,000 | ||
| Previous Owner | $116,000 | ||
| Previous Owner | $65,000 | ||
| Previous Owner | $151,500 | ||
| Previous Owner | $70,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/01/2024 10/01/24 | Sold | $570,000 | +14.2% | $185 / Sq Ft |
| 08/28/2024 08/28/24 | Pending | -- | -- | -- |
| 08/20/2024 08/20/24 | For Sale | $499,000 | -- | $162 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $6,089 | $530,400 | $96,400 | $434,000 |
| 2024 | $5,648 | $474,200 | $90,100 | $384,100 |
| 2023 | $5,266 | $424,000 | $78,300 | $345,700 |
| 2022 | $4,877 | $384,300 | $71,200 | $313,100 |
| 2021 | $4,531 | $336,600 | $61,900 | $274,700 |
| 2020 | $4,094 | $306,400 | $52,800 | $253,600 |
| 2019 | $3,761 | $267,900 | $46,600 | $221,300 |
| 2018 | $3,497 | $243,000 | $44,400 | $198,600 |
| 2017 | $3,312 | $222,000 | $40,400 | $181,600 |
| 2016 | $3,364 | $221,900 | $40,300 | $181,600 |
| 2015 | $3,105 | $200,600 | $41,600 | $159,000 |
| 2013 | $2,648 | $176,400 | $55,300 | $121,100 |
Source: Public Records
Agents Affiliated with this Home
-
Deb Forte
Seller's Agent in 2024
Deb Forte
Century 21 North East
(978) 423-6464
2 in this area
189 Total Sales
-
Katie Ngan Vien
Buyer's Agent in 2024
Katie Ngan Vien
eXp Realty LLC - Corporate Office
(617) 818-1508
1 in this area
103 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73279561
APN: LOWE-000118-005240-000231
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.
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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