Seller's Agent in 2021
Vivien Marcus
Keller Williams Realty
(978) 994-3412
1 in this area
49 Total Sales
32 Newell St Lowell, MA 01851
Highlands NeighborhoodEstimated Value: $597,000 - $639,000
3
Beds
3
Baths
1,922
Sq Ft
$325/Sq Ft
Est. Value
About This Home
As of October 2021Easy access to the 3-unit property! Located in South Lowell, right off Chelmsford St close to major commuter routes and area amenities, short distance to UMass Lowell and T Commuter Rail Station. The property is completely renovated and lead paint compliance certificates are in place. First floor unit features large eat-in kitchen, pantry, washer and dryer, slider to deck and yard too! The second floor is bright and airy, also with a large kitchen, living room and bedroom. The 3rd floor is an efficiency unit. All units have wood or tile floors. This a a turn-key opportunity!! All units are currently rented. The yard to the property is completely fenced and is a nice level city lot and property is located on a dead-end street. Also, a brand new storage shed is in place to store yard tools.
Property Details
Home Type
- Multi-Family
Year Built
- 1900
Lot Details
- 6,970
Interior Spaces
- Property has 1 Level
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 8, 2024
Sold by
Ofonagoro Kenechukwu and Ofonagoro Somtochukwu
Bought by
Ofonagoro Kenechukwu
Current Estimated Value
Purchase Details
Listed on
Aug 25, 2021
Closed on
Oct 29, 2021
Sold by
Graffam Nicholas
Bought by
Ofanagoro Kenechukwu and Ofonagoro Somtochukwu
Seller's Agent
Vivien Marcus
Keller Williams Realty
Buyer's Agent
Hans Nagrath
Compass
List Price
$550,000
Sold Price
$487,000
Premium/Discount to List
-$63,000
-11.45%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.18%
Original Mortgage
$476,393
Interest Rate
2.8%
Mortgage Type
FHA
Purchase Details
Listed on
Jun 29, 2016
Closed on
Aug 25, 2016
Sold by
Arakelian Aram and Arakelian Marina
Bought by
Graffam Nicholas
Seller's Agent
Alina Chamberlain
Doherty Properties
Buyer's Agent
Jonathan Kelley
Weichert Realtors' Daher Companies
List Price
$299,900
Sold Price
$299,000
Premium/Discount to List
-$900
-0.3%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.88%
Original Mortgage
$284,050
Interest Rate
3.42%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 6, 2012
Sold by
Arakelian Grant and Arakelian Aram
Bought by
Arakelian Aram and Arakelian Marina
Purchase Details
Closed on
Aug 6, 2004
Sold by
Arakelian Aram and Arakelian Garen
Bought by
Arakelian Aram and Arakelian Grant
Purchase Details
Closed on
Dec 30, 1996
Sold by
Ge Capital Mtg Service
Bought by
Arakelov Grant A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,506
Interest Rate
7.5%
Purchase Details
Closed on
May 7, 1996
Sold by
Kelley James M and Ge Capital Mtg Service
Bought by
Ge Capital Mtg Service
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ofonagoro Kenechukwu | -- | None Available | |
| Ofonagoro Kenechukwu | -- | None Available | |
| Ofanagoro Kenechukwu | $487,000 | None Available | |
| Graffam Nicholas | $299,000 | -- | |
| Arakelian Aram | -- | -- | |
| Arakelian Aram | -- | -- | |
| Arakelian Aram | -- | -- | |
| Arakelian Aram | -- | -- | |
| Arakelov Grant A | $73,000 | -- | |
| Arakelov Grant A | $73,000 | -- | |
| Ge Capital Mtg Service | $95,000 | -- | |
| Ge Capital Mtg Service | $95,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Ofanagoro Kenechukwu | $476,393 | |
| Previous Owner | Graffam Nicholas | $284,050 | |
| Previous Owner | Ge Capital Mtg Service | $3,506 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/29/2021 10/29/21 | Sold | $487,000 | -11.5% | $253 / Sq Ft | |
| 09/01/2021 09/01/21 | Pending | -- | -- | -- | |
| 08/25/2021 08/25/21 | For Sale | $550,000 | +83.9% | $286 / Sq Ft | |
| 08/24/2016 08/24/16 | Sold | $299,000 | -0.3% | $160 / Sq Ft | View Prior Sale |
| 07/08/2016 07/08/16 | Pending | -- | -- | -- | |
| 06/29/2016 06/29/16 | For Sale | $299,900 | -- | $160 / 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 | $6,611 | $575,900 | $196,400 | $379,500 |
| 2024 | $6,318 | $530,500 | $183,600 | $346,900 |
| 2023 | $6,104 | $491,500 | $159,600 | $331,900 |
| 2022 | $5,670 | $446,800 | $145,100 | $301,700 |
| 2021 | $4,971 | $369,300 | $126,200 | $243,100 |
| 2020 | $4,472 | $334,700 | $113,300 | $221,400 |
| 2019 | $4,449 | $316,900 | $112,300 | $204,600 |
| 2018 | $4,048 | $286,500 | $107,000 | $179,500 |
| 2017 | $4,000 | $268,100 | $103,700 | $164,400 |
| 2016 | $3,416 | $225,300 | $93,400 | $131,900 |
| 2015 | $3,305 | $213,500 | $93,400 | $120,100 |
| 2013 | $3,115 | $207,500 | $106,600 | $100,900 |
Source: Public Records
Agents Affiliated with this Home
-
Vivien Marcus
-
Hans Nagrath
Buyer's Agent in 2021
Hans Nagrath
Compass
(646) 577-1294
1 in this area
157 Total Sales
-
A
Seller's Agent in 2016
Alina Chamberlain
Doherty Properties
-
J
Buyer's Agent in 2016
Jonathan Kelley
Weichert Realtors' Daher Companies
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72885797
APN: LOWE-000127-004310-000032
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