NOT LISTED FOR SALE

Estimated Value: $615,170 - $746,000

7 Beds
3 Baths
3,250 Sq Ft
$210/Sq Ft Est. Value

Last Sold September 28, 2022

Last sale price $539,000 $166 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $4,080/month

6 Days on Market

Highlights

  • Medical Services
  • Wood Flooring
  • Porch
  • Property is near public transit and schools
  • Jogging Path
  • Park

About This Home

As of September 2022

Great Multi-Family investment opportunity in the Highlands neighborhood of Lowell. Convenient location just off Rte. 110 with easy access to I-495, Lowell Connector/Rte. 3, and downtown Lowell. Perfect set-up for an owner-occupant investor. Unit 1 is located on Level 1, featuring 3 bedrooms, full bath, separate laundry room, living room and eat-in kitchen. Unit 2 is located on Levels 2 & 3, featuring 2 bedrooms and 1 full bath on each of the two levels, separate laundry room, living room, eat-in-kitchen and a bonus room on each level. Both units features an exterior side balcony and front porch. 4 parking spots in driveway (tandem) plus 1 additional on-street permit parking spot. Gas & Electric are separately metered. Unit 1 has Forced Air, Unit 2 has Steam heat. Yard is fully fenced around the side and back of house, small front yard is also fenced. Short distance to everything you need. Both Units will be delivered Vacant. A must see!

Last Agent to Sell the Property

Neil Fredette

Keller Williams Realty-Merrimack Listed on: 08/23/2022

Keller Williams Realty-Merrimack

Co-Listed By

Timmy Thok

Keller Williams Realty-Merrimack

Last Buyer's Agent

David Kres

Buyers Brokers Only, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,900

Year Built

  • Built in 1900

Lot Details

  • 3,959 Sq Ft Lot
  • Fenced

Home Design

  • Duplex
  • Block Foundation
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,250 Sq Ft Home
  • Property has 1 Level
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry Room

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Parking

  • 5 Car Parking Spaces
  • Driveway
  • On-Street Parking
  • Open Parking
  • Off-Street Parking

Schools

  • Lowell High School

Utilities

  • 3 Heating Zones
  • Heating Available
  • Separate Meters
  • 100 Amp Service

Additional Features

  • Porch
  • Property is near public transit and schools

Listing and Financial Details

  • Assessor Parcel Number M:124 B:5 L:27

Community Details

Overview

  • 2 Units

Amenities

  • Medical Services
  • Shops

Recreation

  • Park
  • Jogging Path

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,900

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1900
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Carpet,Hardwood
  • Interior Amenities: Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen,Office/Den)
  • Fireplace YN: No
  • Appliances: Unit 1(Range), Unit 2(Range,Refrigerator)
  • Total Bedrooms: 7
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Unit 1 Laundry Room, Unit 2 Laundry Room
  • Basement: Full, Unfinished
  • Living Area: 3250
  • Stories Total: 3
  • MAIN LO: G95166
  • MAIN SO: NB2726

Exterior Features

  • Construction Materials: Frame
  • Fencing: Fenced
  • Foundation Details: Block, Stone
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, On Street
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Heating: Unit 1(Forced Air,Gas), Unit 2(Steam,Gas)
  • Electric: 100 Amp Service, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 3
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Highway Access, Public School

Lot Info

  • Parcel Number: M:124 B:5 L:27
  • Zoning: TTF
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.09
  • Lot Size Sq Ft: 3959
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4900

Multi Family

  • Number Of Units Total: 2
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: N
  • LEASE 1: N

MLS Schools

  • High School: Lowell High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2022
Closed on
Sep 28, 2022
Sold by
Stone Varin and Kongkaew Eric
Bought by
Viola Michele and Viola Daniel
Seller's Agent
Neil Fredette
Keller Williams Realty-Merrimack
Buyer's Agent
David Kres
Buyers Brokers Only, LLC
List Price
$549,900
Sold Price
$539,000
Premium/Discount to List
-$10,900
-1.98%
Current Estimated Value
$682,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,543
Avg. Annual Appreciation
7.35%
Original Mortgage
$512,050
Outstanding Balance
$486,619
Interest Rate
5.13%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$195,924

Purchase Details

Closed on
Sep 22, 2021
Sold by
Stone Varin
Bought by
Stone Varin and Kongkaew Eric

Purchase Details

Closed on
Sep 24, 2003
Sold by
Welton Susan J and Welton Thomas F
Bought by
Breault Rt and Breault

Purchase Details

Closed on
Dec 5, 2001
Sold by
Blais Joseph P and Falardeau Janet M
Bought by
Stone Varin and Kongkaew Naowarat

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 4, 1995
Sold by
Obrien Joseph
Bought by
Blais Joseph and Blais Janet

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
7.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 31, 1995
Sold by
Hassan Christine
Bought by
Obrien Joseph
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Viola Michele $539,000 None Available
Stone Varin -- None Available
Stone Varin -- None Available
Breault Rt $80,000 --
Breault Rt $80,000 --
Breault Rt $80,000 --
Stone Varin $200,000 --
Stone Varin $200,000 --
Blais Joseph $85,000 --
Obrien Joseph $42,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Viola Michele $512,050
Previous Owner Obrien Joseph $160,000
Previous Owner Obrien Joseph $85,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2022 09/28/22 Sold $539,000 -2.0% $166 / Sq Ft
08/30/2022 08/30/22 Pending -- -- --
08/23/2022 08/23/22 For Sale $549,900 -- $169 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $6,379 $555,700 $111,700 $444,000
2024 $5,853 $491,400 $104,400 $387,000
2023 $5,447 $438,600 $90,800 $347,800
2022 $4,901 $386,200 $71,700 $314,500
2021 $4,547 $337,800 $62,400 $275,400
2020 $4,224 $316,200 $62,400 $253,800
2019 $3,890 $277,100 $59,300 $217,800
2018 $3,474 $251,600 $56,500 $195,100
2017 $3,473 $232,800 $54,800 $178,000
2016 $3,470 $228,900 $50,900 $178,000
2015 $3,198 $206,600 $50,900 $155,700
2013 $2,903 $193,400 $61,000 $132,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73028420

MLS Property Information Network (MLS PIN)

APN: LOWE-000124-000005-000027