Team Valdez Mejia
Keller Williams Realty
(351) 208-2030
160 Total Sales
1 in Lower Belvidere
$860,000 Price
244 Concord St Lowell, MA 01852
Lower Belvidere Neighborhood
14
Beds
6
Baths
6,359
Sq Ft
4,356
Sq Ft Lot
About This Home
As of June 2024Located in Lowell, Massachusetts, this multifamily property is well positioned in-between three major highways and offers quick and convenient access to downtown Boston in just 40 minutes via the commuter rail. The property consists of 6 units across +/- 6,300 SF, featuring a mix of one- and three- bedroom units that range in size between 700 and 1,000 square feet. The property features two off-street tandem style parking spaces and outdoor space in the rear of the building for its residents to enjoy. 244-246 Concord Street represents a value-add opportunity for both investors and end users through unit renovations and upgrades to common areas.
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1900
Lot Details
- 4,356
Home Design
- 6,359 Sq Ft Home
Bedrooms and Bathrooms
- 14 Bedrooms
- 6 Full Bathrooms
Parking
- 2 Car Parking Spaces
- Tandem Parking
- Paved Parking
- On-Street Parking
- Open Parking
- Off-Street Parking
Additional Features
- Outdoor Gas Grill
- 4,356 Sq Ft Lot
- Unfinished Basement
Listing and Financial Details
- Total Actual Rent $10,000
- Assessor Parcel Number M09920
Community Details
Overview
- 6 Units
- Property has 1 Level
Building Details
- Insurance Expense $7,900
- Operating Expense $45,384
- Net Operating Income $75,480
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
Apr 2, 2024
Closed on
Jun 7, 2024
Sold by
Bought by
Seller's Agent
Kevin Benzinger
Boston Realty Advisors
Buyer's Agent
Kevin Benzinger
Boston Realty Advisors
List Price
$1,100,000
Sold Price
$1,160,000
Premium/Discount to List
$60,000
5.45%
Views
68
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$870,000
Outstanding Balance
$851,467
Interest Rate
7.17%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 17, 2021
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
$675,000
Interest Rate
2.99%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 13, 2013
Sold by
Bought by
Purchase Details
Closed on
Nov 4, 2011
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
$315,000
Interest Rate
4.08%
Mortgage Type
Purchase Money Mortgage
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Lower Belvidere, MA
-
Team Valdez Mejia
-
John Lynch
John Lynch
Keller Williams Realty - Merrimack
(978) 788-8041
38 Total Sales
1 in Lower Belvidere
$179,000 Price
-
Edouard Joseph
Edouard Joseph
Advanced Realty Company
(857) 666-7381
56 Total Sales
1 in Lower Belvidere
$640,000 Price
-
Sandra Buker
Sandra Buker
Keller Williams Realty/Merrimack Valley
(978) 404-5461
95 Total Sales
1 in Lower Belvidere
$715,000 Price
-
Kelly Espinola
Kelly Espinola
Keller Williams Realty-Merrimack
(351) 215-0914
144 Total Sales
2 in Lower Belvidere
$628K - $915K Price Range
-
Aline Roy
Aline Roy
Keller Williams Realty/Merrimack Valley
(351) 208-2759
35 Total Sales
1 in Lower Belvidere
$600,000 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 |
|---|---|---|---|
| $1,160,000 | None Available | ||
| $911,000 | None Available | ||
| -- | -- | ||
| $315,000 | -- |
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 | $870,000 | ||
| Previous Owner | $675,000 | ||
| Closed | $315,000 |
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 |
|---|---|---|---|---|
| 06/07/2024 06/07/24 | Sold | $1,160,000 | +5.5% | $182 / Sq Ft |
| 04/15/2024 04/15/24 | Pending | -- | -- | -- |
| 04/02/2024 04/02/24 | For Sale | $1,100,000 | -- | $173 / 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 | $10,042 | $874,700 | $115,600 | $759,100 |
| 2024 | $10,048 | $843,700 | $113,200 | $730,500 |
| 2023 | $10,295 | $828,900 | $98,400 | $730,500 |
| 2022 | $8,863 | $698,400 | $78,300 | $620,100 |
| 2021 | $8,271 | $614,500 | $68,100 | $546,400 |
| 2020 | $8,244 | $617,100 | $70,700 | $546,400 |
| 2019 | $6,823 | $486,000 | $70,400 | $415,600 |
| 2018 | $5,891 | $458,100 | $67,100 | $391,000 |
| 2017 | $5,890 | $394,800 | $61,000 | $333,800 |
| 2016 | $5,890 | $388,500 | $54,700 | $333,800 |
| 2015 | $5,190 | $335,300 | $54,700 | $280,600 |
| 2013 | $4,242 | $282,600 | $63,100 | $219,500 |
Source: Public Records
Agents Affiliated with this Home
-
Kevin Benzinger
Seller's Agent in 2024
Kevin Benzinger
Boston Realty Advisors
(617) 375-7900
1 in this area
78 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73218840
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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