$525,000
SOLD MAY 10, 2023
7 Beds
3 Baths
2,908 Sq Ft
2,986 Sq Ft Lot

Recently Sold

$181 Per Sq Ft

3 Days on Market

Highlights

  • Scenic Views
  • Property is near public transit
  • Shops
  • Deck
  • Corner Lot
  • Coin Laundry

About This Home

As of August 2024

Opportunity to own a 3 family in a great location in Lowell! With a newer roof, deck, and vinyl siding along with separate utilities, you don't want to miss your next investment. The Seller would consider selling Floyd St & Central st as a package. Or BRING your BEST offer to own ALL 4 properties, 5-7 Floyd st., 900 Central St, 24 W. 3rd St, and 121 Powell St.

Last Agent to Sell the Property

Denise Hodgdon

William Raveis R.E. & Home Services Listed on: 03/30/2023

William Raveis R.E. & Home Services

Last Buyer's Agent

Amber D'ambrosio

Cameron Prestige, LLC

Cameron Prestige, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,318

Year Built

  • Built in 1910

Lot Details

  • 2,986 Sq Ft Lot
  • Corner Lot
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,908 Sq Ft Home
  • Scenic Vista Views
  • Washer

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Dirt Floor

Outdoor Features

  • Bulkhead
  • Deck

Location

  • Property is near public transit

Utilities

  • 3 Heating Zones
  • Heating Available
  • 220 Volts
  • Natural Gas Connected
  • Electric Water Heater

Listing and Financial Details

  • Total Actual Rent $4,500
  • Rent includes unit 1(water), unit 2(water), unit 3(water)
  • Assessor Parcel Number M:176 B:6050 L:24,3189591

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Shops
  • Coin Laundry

Building Details

  • Net Operating Income $54,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,318

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1910
  • Buyer Agency: 2
  • Transaction Broker: 1
  • Year Built Details: Unknown/Mixed
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Vinyl,Carpet
  • Interior Amenities: Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator,Washer,Dryer), Unit 2(Range,Refrigerator,Washer,Dryer), Unit 3(Range,Refrigerator), Electric Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Dryer
  • Total Bedrooms: 7
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Washer Hookup
  • Basement: Full, Bulkhead, Dirt Floor
  • Living Area: 2908
  • Stories Total: 6
  • MAIN LO: AN6181
  • LIST PRICE PER Sq Ft: 180.54
  • PRICE PER Sq Ft: 180.54
  • MAIN SO: AN4281

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Deck
  • Road Frontage Type: Public
  • Roof: Shingle
  • View: Scenic View(s)
  • View YN: Yes
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Dryer, Washer Hookup
  • Heating: Forced Air,Natural Gas, Unit 1(Hot Water Baseboard), Unit 2(Hot Water Baseboard), Unit 3(Hot Water Baseboard)
  • Electric: 220 Volts
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Laundromat, House of Worship
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:176 B:6050 L:24,3189591
  • Zoning: USF
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot, Level
  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Size Sq Ft: 2986
  • Lot Size Units: Acres
  • PAGE: 93
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5318
  • Tax Book Number: 33704

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 27, 2019
Sold by
Watt Kim M
Bought by
Oliveira
Current Estimated Value
$674,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 2013
Sold by
Thompson Daniel O
Bought by
24 W 3Rd Street Rt and Thompson

Purchase Details

Closed on
Feb 18, 2011
Sold by
24 West Third Street R and Thompson
Bought by
Thompson Daniel O

Purchase Details

Closed on
Dec 8, 1998
Sold by
24 West Third St Rt and Thompson Williamf
Bought by
Thompson Daniel

Purchase Details

Closed on
Nov 6, 1995
Sold by
Aim Management Ent
Bought by
24 West Third St Rt and Thompson Rosemary

Purchase Details

Closed on
Mar 2, 1995
Sold by
Jacobs Robert W
Bought by
Aim Management Ent

Purchase Details

Closed on
Nov 25, 1994
Sold by
Cottage Funding Corp
Bought by
Jacobs Robert W

Purchase Details

Closed on
Sep 9, 1992
Sold by
Fama Leo
Bought by
First Eastern Mtg
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Not Resolvable $275,000 None Available
Deed -- --
Deed -- --
Deed -- --
Deed -- --
Deed $75,000 --
Deed $75,000 --
Deed $50,000 --
Deed $50,000 --
Deed $30,000 --
Deed $30,000 --
Deed $30,000 --
Deed $30,000 --
Foreclosure Deed $50,400 --
Foreclosure Deed $50,400 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $657,864 FHA
Closed $657,864 FHA
Closed $393,750 Purchase Money Mortgage
Closed $280,000 Stand Alone Refi Refinance Of Original Loan
Closed $220,000 New Conventional
Previous Owner $160,000 Unknown
Previous Owner $119,000 No Value Available
Previous Owner $112,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2024 08/16/24 Sold $670,000 -4.3% $230 / Sq Ft
07/16/2024 07/16/24 Pending -- -- --
07/10/2024 07/10/24 For Sale $699,900 0.0% $241 / Sq Ft
07/03/2024 07/03/24 Pending -- -- --
06/20/2024 06/20/24 Price Changed $699,900 -1.4% $241 / Sq Ft
06/03/2024 06/03/24 Price Changed $709,900 -1.4% $244 / Sq Ft
05/18/2024 05/18/24 Price Changed $719,900 -1.4% $248 / Sq Ft
05/02/2024 05/02/24 For Sale $729,900 +39.0% $251 / Sq Ft
05/10/2023 05/10/23 Sold $525,000 0.0% $181 / Sq Ft
04/03/2023 04/03/23 Pending -- -- --
03/30/2023 03/30/23 For Sale $525,000 -4.5% $181 / Sq Ft
02/04/2021 02/04/21 Sold $550,000 0.0% $112 / Sq Ft
11/13/2020 11/13/20 Pending -- -- --
11/01/2020 11/01/20 For Sale $549,900 +243.7% $112 / Sq Ft
08/01/2016 08/01/16 Sold $160,000 -11.1% $55 / Sq Ft
06/29/2016 06/29/16 Pending -- -- --
06/15/2016 06/15/16 Price Changed $179,900 -5.3% $62 / Sq Ft
04/28/2016 04/28/16 Price Changed $189,900 -5.0% $65 / Sq Ft
04/12/2016 04/12/16 Price Changed $199,900 -16.7% $69 / Sq Ft
04/12/2016 04/12/16 For Sale $239,900 0.0% $82 / Sq Ft
03/30/2016 03/30/16 Pending -- -- --
03/17/2016 03/17/16 For Sale $239,900 0.0% $82 / Sq Ft
09/14/2012 09/14/12 Rented $675 -3.6% --
08/15/2012 08/15/12 Under Contract -- -- --
05/31/2012 05/31/12 For Rent $700 -- --
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 $5,591 $487,000 $105,300 $381,700
2024 $5,905 $495,800 $92,600 $403,200
2023 $5,789 $466,100 $80,500 $385,600
2022 $5,318 $419,100 $68,600 $350,500
2021 $4,599 $341,700 $59,600 $282,100
2020 $4,357 $326,100 $69,300 $256,800
2019 $4,191 $298,500 $61,200 $237,300
2018 $3,696 $266,300 $58,300 $208,000
2017 $3,605 $241,600 $53,000 $188,600
2016 $3,247 $214,200 $43,000 $171,200
2015 $3,048 $196,900 $41,200 $155,700
2013 $2,693 $179,400 $50,300 $129,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73093495

MLS Property Information Network (MLS PIN)

APN: LOWE-000176-006050-000024