NOT LISTED FOR SALE

251 University Ave Lowell, MA 01854

Pawtucketville Neighborhood

Estimated Value: $639,884 - $688,000

3 Beds
2 Baths
2,356 Sq Ft
$283/Sq Ft Est. Value

Last Sold February 02, 2017

Last sale price $282,000 $120 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $4,072/month

5 Days on Market

About This Home

As of February 2017

Pawtucketville mixed use property with commercial unit on first floor that was home to famous photographer for years ( George of Lowell ) second floor has 2-3 bedrooms and front and back enclosed porch , full basement with undated heating system and plenty of off street parking . Property would be a great business location with rental income on second floor.Convenient location close to schools including UMass Lowell, churches, shopping and the river walk..

Last Agent to Sell the Property

James Doliver

Re/Max Innovative Properties Listed on: 12/01/2016

Re/Max Innovative Properties

Last Buyer's Agent

James Doliver

Re/Max Innovative Properties Listed on: 12/01/2016

Re/Max Innovative Properties

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,741

Year Built

1900

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Property Type: Multi-family
  • Other Agent: 2.00
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 10
  • Amenities: Public Transportation, Public School, University
  • Basement: Full, Concrete Floor
  • Total Levels: 2

Exterior Features

  • Construction: Frame
  • Exterior: Vinyl
  • Foundation: Fieldstone

Garage/Parking

  • Parking: Off-Street, Paved Driveway
  • Parking Spaces: 10

Utilities

  • Hot Water: Natural Gas
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 2

Lot Info

  • Zoning: Mixed

Multi Family

  • Heat Units: 2
  • Total Bedrooms: 3
  • Total Floors: 3
  • Total Full Baths: 1
  • Total Half Baths: 1
  • Total Levels: 2
  • Total Rms: 10
  • Total Rent_1: 900

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2016
Closed on
Feb 2, 2017
Sold by
Nobrega Michelle and Poirier Carl
Bought by
Hebert Marsha J
Seller's Agent
James Doliver
Re/Max Innovative Properties
Buyer's Agent
James Doliver
Re/Max Innovative Properties
List Price
$259,900
Sold Price
$282,000
Premium/Discount to List
$22,100
8.5%
Current Estimated Value
$667,221

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$385,221
Avg. Annual Appreciation
10.36%
Original Mortgage
$280,000
Outstanding Balance
$232,474
Interest Rate
4.3%
Mortgage Type
Commercial
Estimated Equity
$434,747

Purchase Details

Closed on
Sep 25, 2003
Sold by
Poirier George J
Bought by
Poirier Carl and Poirier George J

Purchase Details

Closed on
Aug 20, 1971
Bought by
Poirier George
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Hebert Marsha J $282,000 --
Poirier Carl -- --
Poirier Carl -- --
Poirier George $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hebert Marsha J $280,000
Closed Poirier George $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/02/2017 02/02/17 Sold $282,000 +8.5% $120 / Sq Ft
12/06/2016 12/06/16 Pending -- -- --
12/01/2016 12/01/16 For Sale $259,900 -- $110 / 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 $6,741 $587,200 $146,800 $440,400
2024 $6,268 $526,300 $137,200 $389,100
2023 $5,825 $469,000 $119,300 $349,700
2022 $5,389 $424,700 $108,500 $316,200
2021 $4,995 $371,100 $94,300 $276,800
2020 $4,668 $349,400 $94,300 $255,100
2019 $3,152 $224,500 $87,300 $137,200
2018 $0 $252,400 $89,200 $163,200
2017 $0 $227,200 $89,200 $138,000
2016 -- $221,500 $89,200 $132,300
2015 -- $221,500 $89,200 $132,300
2013 $5,342 $217,100 $99,100 $118,000
Source: Public Records

Agents Affiliated with this Home

  • James Doliver

    Seller's Agent in 2017

    James Doliver

    RE/MAX

    (978) 857-5993

    3 in this area

    131 Total Sales

    James Doliver
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72098155

MLS Property Information Network (MLS PIN)

APN: LOWE-000096-005830-000251

Massachusetts Middlesex County Lowell 01854 Pawtucketville

251 University Ave, Lowell, MA

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