NOT LISTED FOR SALE

264 University Ave Lowell, MA 01854

Pawtucketville Neighborhood

Estimated Value: $617,154 - $762,000

7 Beds
3 Baths
2,876 Sq Ft
$244/Sq Ft Est. Value

Last Sold January 15, 2021

Last sale price $515,000 $179 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $4,513/month

7 Days on Market

About This Home

As of January 2021

Fantastic opportunity to own a spacious 2 family in very good condition walking distance to the University of Massachusetts North Campus! Many updates include all separate utilities . gas heat, circuit breaker boxes and young roof. First floor unit offers 3 bedrooms , second floor is two levels with 4 bedrooms ,gas fireplaced great room , and so much more . Off street parking and extra parking on the street in front of the house. Nice easy to maintain back yard. Investors take note , this home is currently rented to students on leases . Leases expires Aug 31, 2021. Total water & sewer bill for 2019 was $2,700.00 Great income with potential for more!

Last Listed By

Nancy Rogers

LAER Realty Partners Listed on: 10/01/2020

LAER Realty Partners

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,947

Year Built

  • Built in 1900

Lot Details

  • 3,485

Flooring

  • Wood
  • Wall to Wall Carpet

Additional Features

  • Porch
  • Year Round Access
  • Natural Gas Water Heater
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:96 B:5830 L:264

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,947

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 170.34
  • Comp Based On: Net Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Year Round: Yes
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1900

Interior Features

  • Flooring: Wood, Wall to Wall Carpet
  • Total Flrs: 3
  • No Bedrooms: 7
  • Total Brs: 7
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 14
  • Basement: Y
  • Basement Features: Full
  • Main Lo: AN1199
  • Main So: AN1199
  • Estimated Sq Ft: 2876.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Shingles
  • Exterior Features: Porch
  • Foundation: Fieldstone
  • Foundation Size: irr

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 3

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Heat Zones: 2
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Medical Facility, Laundromat, House of Worship, Private School, Public School, University

Lot Info

  • Assessments: 360800.00
  • Acre: 0.08
  • Lot Size: 3500.00
  • Page: 66
  • Parcel Number: M:96 B:5830 L:264
  • Zoning: TMU
  • Lot Description: Paved Drive, Level

Multi Family

  • Heat Units: 2
  • Total Levels: 3
  • Total Rent: 3850
  • Total Rms: 13
  • No Units: 2
  • Mf Type: 2 Family - 2 Units Up/Down

Tax Info

  • Taxes: 4820.00
  • Assessor Parcel Number: 3179390
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2020
Closed on
Jan 14, 2021
Sold by
Gatim Llc
Bought by
27 Fairmont Rt
Seller's Agent
Nancy Rogers
LAER Realty Partners
Buyer's Agent
Nancy Rogers
LAER Realty Partners
List Price
$489,900
Sold Price
$515,000
Premium/Discount to List
$25,100
5.12%
Total Days on Market
7
Current Estimated Value
$702,789

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,789
Avg. Annual Appreciation
7.39%

Purchase Details

Listed on
Aug 14, 2016
Closed on
Sep 23, 2016
Sold by
Santos Lorraine
Bought by
Gatim Llc
Seller's Agent
Lynn Taylor
Coldwell Banker Residential Brokerage - Tewksbury
Buyer's Agent
Shilpa Desai
Better Homes and Gardens Real Estate - The Masiello Group
List Price
$329,900
Sold Price
$341,500
Premium/Discount to List
$11,600
3.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.98%

Purchase Details

Closed on
Oct 24, 1997
Sold by
Riley William G
Bought by
Santos Lorraine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,150
Interest Rate
7.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 7, 1997
Sold by
Est Jameson Harold and Boisvert Linsa E
Bought by
Riley William G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,350
Interest Rate
7.57%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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Average Value
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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
27 Fairmont Rt $515,000 None Available
Gatim Llc $341,500 --
Santos Lorraine $116,000 --
Santos Lorraine $116,000 --
Riley William G $88,000 --
Riley William G $88,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 242 Cumberland Rt $2,750,000
Previous Owner Santos Lorraine $70,995
Previous Owner Santos Lorraine $48,559
Previous Owner Santos Lorraine $29,776
Previous Owner Santos Lorraine $21,171
Previous Owner Riley William G $115,150
Previous Owner Riley William G $85,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2021 01/15/21 Sold $515,000 +5.1% $179 / Sq Ft
10/08/2020 10/08/20 Pending -- -- --
10/01/2020 10/01/20 For Sale $489,900 +43.5% $170 / Sq Ft
09/23/2016 09/23/16 Sold $341,500 +3.5% $119 / Sq Ft
08/22/2016 08/22/16 Pending -- -- --
08/14/2016 08/14/16 For Sale $329,900 -- $115 / 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 $6,947 $605,100 $123,000 $482,100
2024 $6,258 $525,400 $99,200 $426,200
2023 $5,765 $464,200 $81,000 $383,200
2022 $5,311 $418,500 $71,800 $346,700
2021 $4,928 $366,100 $62,400 $303,700
2020 $4,820 $360,800 $80,700 $280,100
2019 $4,414 $314,400 $70,900 $243,500
2018 $3,710 $273,400 $67,500 $205,900
2017 $3,720 $249,300 $61,300 $188,000
2016 $3,755 $247,700 $59,700 $188,000
2015 $3,424 $221,200 $57,100 $164,100
2013 $3,034 $202,100 $63,100 $139,000
Source: Public Records

Agents Affiliated with this Home

  • Nancy Rogers

    Seller's Agent in 2021

    Nancy Rogers

    Laer Realty

    (978) 251-8221

    13 in this area

    247 Total Sales

    Nancy Rogers
    Section Image
  • Lynn Taylor

    Seller's Agent in 2016

    Lynn Taylor

    Coldwell Banker Residential Brokerage - Tewksbury

    (978) 851-3731

    Section Image
  • Shilpa Desai

    Buyer's Agent in 2016

    Shilpa Desai

    Better Homes and Gardens Real Estate - The Masiello Group

    (603) 889-7600

    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72735417

MLS Property Information Network (MLS PIN)

APN: LOWE-000096-005830-000264

Massachusetts Middlesex County Lowell 01854 Pawtucketville

264 University Ave, Lowell, MA

Homes for Sale in Lowell, MA

This home is located at 264 University Ave, Lowell, MA 01854 since 01 October 2020 and is currently estimated at $702,789, approximately $244 per square foot. This property was built in 1900. 264 University Ave is a home located in Middlesex County with nearby schools including Joseph McAvinnue Elementary School, Charlotte M Murkland Elementary School, and Charles W. Morey Elementary School.

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.

MLS Property Information Network (MLS PIN) 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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