$630,000
SOLD MAY 31, 2023
4 Beds
2 Baths
2,228 Sq Ft
4,119 Sq Ft Lot

Recently Sold

$283 Per Sq Ft

11 Days on Market

Highlights

  • Property is near public transit
  • Corner Lot
  • Coin Laundry
  • Wood Flooring
  • Cooling Available
  • Heating Available

About This Home

As of May 2023

Great 2 family in the Highlands area of Lowell on the corner lot .Consist of 2 bedrooms in each units with all hardwood flooring throughout.. New force air heating system with central air and updated electric water heater.. Upgraded electric wiring with 200 amps circuit breaker panels box. Insulated vinyl windows and vinyl siding. First floor tenant are "Tenant at will" with monthly rent $1300. Paved driveways with 4 off-parking. Easy access to the Lowell Connector, to route 3 and highway 495.

Last Agent to Sell the Property

Daniel Tan

Urban Real Estate Listed on: 03/29/2023

Last Buyer's Agent

Karla Carvalho

eXp Realty

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,957

Year Built

  • Built in 1925

Lot Details

  • 4,119 Sq Ft Lot
  • Corner Lot

Home Design

  • Duplex
  • Stone Foundation
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 2,228 Sq Ft Home
  • Property has 1 Level
  • Insulated Windows
  • Attic Ventilator

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • 4 Car Parking Spaces
  • Driveway
  • Open Parking

Outdoor Features

  • Bulkhead

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Cooling Available
  • Heating Available
  • Separate Meters
  • 200+ Amp Service
  • 110 Volts
  • Natural Gas Connected
  • Electric Water Heater

Listing and Financial Details

  • Total Actual Rent $1,300
  • Rent includes unit 1(water), unit 2(other (see remarks))
  • Assessor Parcel Number 3180967

Community Details

Building Details

  • Insurance Expense $1,450
  • Operating Expense $9,080
  • Net Operating Income $14,150

Additional Features

  • 2 Units
  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,957

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1925
  • Buyer Agency: 2%
  • Buyer Agency Type: %
  • Transaction Broker: 1%
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Tile,Hardwood
  • Interior Amenities: Unit 1 Rooms(Living Room,Dining Room), Unit 2 Rooms(Living Room,Dining Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator), Electric Water Heater, Utility Connections for Gas Range
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full, Walk-Out Access, Interior Entry, Bulkhead, Unfinished
  • Living Area: 2228
  • Spa YN: No
  • Stories Total: 3
  • Window Features: Insulated Windows
  • MAIN LO: NB2778
  • LIST PRICE PER Sq Ft: 282.72
  • PRICE PER Sq Ft: 282.76
  • MAIN SO: AC0342

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Roof: Asphalt/Composition Shingles
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Cooling: Unit 1(Central Air), Unit 2(Central Air)
  • Heating: Unit 1(Forced Air,Gas), Unit 2(Forced Air,Gas)
  • Cooling Y N: Yes
  • Electric: 110 Volts, Circuit Breakers, 200+ Amp Service, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • SEWAGE DISTRICT: Lowel

Condo/Co-op/Association

  • Community Features: Public Transportation, Laundromat, Public School
  • Rent Includes: Unit 1(Water), Unit 2(Other (See Remarks))
  • Senior Community YN: No

Lot Info

  • Parcel Number: 3180967
  • Zoning: residentia
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Size Sq Ft: 4119
  • Lot Size Units: Acres
  • PAGE: 218
  • ResoLotSizeUnits: Acres

Green Features

  • Green Energy Efficient: Attic Vent Elec.

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4957
  • Tax Book Number: 29464

Multi Family

  • Gross Income: 1560
  • Insurance Expense: 1450
  • Net Operating Income: 14150
  • Number Of Units Total: 2
  • Operating Expense: 9080
  • Total Actual Rent: 1300
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEASE 2: N
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 30, 2001
Sold by
Lally Rita K and Ryan Imelda A
Bought by
Mcdonagh Steven F and Mcdonagh Patricia A
Current Estimated Value
$635,197

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,489
Interest Rate
6.96%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Deed $179,900 --
Deed $179,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $618,589 FHA
Closed $618,589 FHA
Closed $293,000 Stand Alone Refi Refinance Of Original Loan
Closed $196,000 New Conventional
Closed $185,000 No Value Available
Closed $180,000 No Value Available
Closed $178,489 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2023 05/31/23 Sold $630,000 0.0% $283 / Sq Ft
04/10/2023 04/10/23 Pending -- -- --
03/29/2023 03/29/23 For Sale $629,900 +157.1% $283 / Sq Ft
09/30/2015 09/30/15 Sold $245,000 0.0% $110 / Sq Ft
08/31/2015 08/31/15 Pending -- -- --
08/03/2015 08/03/15 For Sale $245,000 -- $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 $6,169 $537,400 $147,700 $389,700
2024 $5,763 $483,900 $139,300 $344,600
2023 $5,354 $431,100 $121,200 $309,900
2022 $4,957 $390,600 $110,200 $280,400
2021 $4,597 $341,500 $95,800 $245,700
2020 $4,238 $317,200 $90,600 $226,600
2019 $4,044 $288,000 $87,900 $200,100
2018 $3,786 $263,100 $83,700 $179,400
2017 $3,476 $233,000 $69,200 $163,800
2016 $3,450 $227,600 $65,900 $161,700
2015 $3,175 $205,100 $65,900 $139,200
2013 $2,927 $195,000 $77,000 $118,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73088249

MLS Property Information Network (MLS PIN)

APN: LOWE-000105-005305-000262