25 Read St Lowell, MA 01850
Centralville NeighborhoodEstimated Value: $497,976 - $617,000
6
Beds
3
Baths
2,769
Sq Ft
$199/Sq Ft
Est. Value
About This Home
As of April 2018Great opportunity for the investor with this fully lead compliant multi-family in the Centralville section of Lowell. Convenient to RT-38, RT-110 & RT-495. Roof is approximately two years old, siding eight to ten years old. Heat, hot water and cooking is by gas for each unit. At least five off-street parking spots total, potentially six. Two spacious three bedroom units. And while this is listed by the city as a legal two-family, it has been used as a three family for at least the length of this owner's possession, with the top floor being a large and wide open studio. All units have lead certificates. All units have two means of egress. 2nd floor unit is currently vacant and is being leased by owner @ $1450.00 per month as of December 1st. There is room for movement on the rents of the other two units. Prospective buyer to do own due diligence with regard to 3rd floor unit. This would be an excellent purchase for an investor in today's market.
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$5,530
Year Built
1900
Lot Details
0
Listing Details
- Lot Description: Paved Drive, Level
- Property Type: Multi-family
- Other Agent: 1.00
- Lead Paint: Certified Treated
- Year Built Description: Actual
- Special Features: None
- Property Sub Type: MultiFamily
- Year Built: 1900
Interior Features
- Has Basement: Yes
- Number of Rooms: 11
- Amenities: Public Transportation, Shopping, Golf Course, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station, University
- Electric: Circuit Breakers
- Energy: Insulated Windows
- Flooring: Wood, Vinyl
- Full Bathrooms: 3
- Total Levels: 3
- Main Lo: D95031
- Main So: K95001
- Estimated Sq Ft: 2769.00
Exterior Features
- Construction: Frame
- Exterior: Vinyl
- Foundation: Fieldstone
Garage/Parking
- Parking: Off-Street, Common, Paved Driveway
- Parking Spaces: 5
Utilities
- Hot Water: Natural Gas
- Utility Connections: for Gas Range
- Sewer: City/Town Sewer
- Water: City/Town Water
Condo/Co-op/Association
- Total Units: 3
Schools
- Elementary School: Lowell Public
- Middle School: Lowell Public
- High School: Lowell Public
Lot Info
- Zoning: TMF
- Acre: 0.06
- Lot Size: 2790.00
Multi Family
- Heat Units: 3
- Total Bedrooms: 6
- Total Floors: 6
- Total Full Baths: 3
- Total Levels: 3
- Total Rms: 11
- Multi Family Type: 2 Family
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 6, 2017
Closed on
Apr 26, 2018
Sold by
Mcguire Michael
Bought by
Hibroj Taulant
Seller's Agent
Brian Donoghue
Universal Property Management
Buyer's Agent
Elvis Doda
Coldwell Banker Realty - Milton
List Price
$359,900
Sold Price
$331,000
Premium/Discount to List
-$28,900
-8.03%
Total Days on Market
95
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
$220,244
Avg. Annual Appreciation
7.46%
Original Mortgage
$248,250
Interest Rate
4.44%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 27, 2008
Sold by
Deutsche Bank Natl T C
Bought by
Mcguire Michael
Purchase Details
Closed on
Mar 11, 2005
Sold by
Kuria Joseph Kamau
Bought by
Kamau Mary Gathoni
Purchase Details
Closed on
Jul 2, 2003
Sold by
Skinsacos Elizabeth
Bought by
Kuria Joseph Kamau and Kuria Mary Gathoni
Purchase Details
Closed on
Sep 18, 2001
Sold by
Skinsacos Spiro
Bought by
Skinsacos Elizabeth
Purchase Details
Closed on
Jun 27, 2001
Sold by
Gwc Rt and Bozek William
Bought by
Skinsacos Spiro
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in Lowell, MA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hibroj Taulant | $331,000 | -- | |
| Mcguire Michael | $104,900 | -- | |
| Mcguire Michael | $104,900 | -- | |
| Kamau Mary Gathoni | $30,000 | -- | |
| Kamau Mary Gathoni | $30,000 | -- | |
| Kuria Joseph Kamau | $240,000 | -- | |
| Kuria Joseph Kamau | $240,000 | -- | |
| Skinsacos Elizabeth | $189,900 | -- | |
| Skinsacos Elizabeth | $189,900 | -- | |
| Skinsacos Spiro | $147,500 | -- | |
| Skinsacos Spiro | $147,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hibroj Taulant | $329,000 | |
| Closed | Hibroj Taulant | $248,250 | |
| Previous Owner | Skinsacos Spiro | $136,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/26/2018 04/26/18 | Sold | $331,000 | -5.4% | $120 / Sq Ft |
| 02/09/2018 02/09/18 | Pending | -- | -- | -- |
| 11/24/2017 11/24/17 | Price Changed | $349,900 | -2.8% | $126 / Sq Ft |
| 11/06/2017 11/06/17 | For Sale | $359,900 | -- | $130 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $5,530 | $481,700 | $110,300 | $371,400 |
| 2024 | $5,142 | $431,700 | $91,600 | $340,100 |
| 2023 | $4,788 | $385,500 | $79,700 | $305,800 |
| 2022 | $4,376 | $344,800 | $63,400 | $281,400 |
| 2021 | $4,116 | $305,800 | $55,100 | $250,700 |
| 2020 | $3,877 | $290,200 | $55,100 | $235,100 |
| 2019 | $3,605 | $256,800 | $47,400 | $209,400 |
| 2018 | $3,393 | $235,800 | $45,100 | $190,700 |
| 2017 | $3,205 | $214,800 | $37,900 | $176,900 |
| 2016 | $3,323 | $219,200 | $39,600 | $179,600 |
| 2015 | $3,096 | $200,000 | $40,800 | $159,200 |
| 2013 | $2,705 | $180,200 | $49,200 | $131,000 |
Source: Public Records
Agents Affiliated with this Home
-
Brian Donoghue
B
Seller's Agent in 2018
Brian Donoghue
Universal Property Management
(978) 937-9327
17 in this area
45 Total Sales
-
Elvis Doda
Buyer's Agent in 2018
Elvis Doda
Coldwell Banker Realty - Milton
(617) 319-9202
105 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72251997
APN: LOWE-000197-004870-000025
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.
Nearby Homes
- 11 Read St
- 94 1st St Unit 6
- 129 3rd St
- 23 W 5th St
- 36 Fremont St
- 12 Albion St
- 76 W 3rd St
- 192 1st St
- 654 Bridge St
- 21 Vernon St
- 130 John St Unit 143
- 130 John St Unit 557
- 130 John St Unit 209
- 8 W 11th St
- 100 W 6th St
- 2-4 Harrison Place
- 15 Kearney Square Unit 401
- 58 Prescott St Unit 11
- 58 Prescott St Unit 3
- 15 Merrill Ave
- 25 Read St
- 25 Read St Unit Third Floor
- 25 Read St Unit 1st Floor
- 25 Read St Unit 2
- 23 Read St
- 27 Read St Unit 29
- 17 Read St
- 59 3rd St
- 53 3rd St Unit 1
- 53 3rd St
- 61 3rd St
- 88 1st St
- 82 1st St
- 34 Read St
- 94 1st St Unit 107
- 94 1st St Unit 11
- 94 1st St Unit 10
- 94 1st St Unit 9
- 94 1st St Unit 7
- 94 1st St Unit 5