NOT LISTED FOR SALE

338 Fairmount St Lowell, MA 01852

Belvidere Neighborhood

Estimated Value: $550,000 - $700,000

5 Beds
2 Baths
2,762 Sq Ft
$226/Sq Ft Est. Value

Last Sold September 22, 2022

Last sale price $446,000 $161 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $3,855/month

5 Days on Market

Highlights

  • Medical Services
  • Property is near public transit
  • Shops
  • Deck
  • Park
  • 5-minute walk to Shedd Park

About This Home

As of September 2022

Beautifully renovated 2-unit property perfect for investors or owner-occupants. Both units feature updated bathroom with LED mirrors, upgraded vinyl flooring throughout, granite countertops, and SS appliances. New plumbing, new electrical, 100-amp panels per unit, plus a 60-amp breaker for future EV chargers. Roof is 3 years old with new windows and skylights. Unit 2 is leased at $2,950 through 6/1/26 with room to increase. First-floor TAW at $2,400 with potential increase. Heating and cooling include mini-splits upstairs and HVAC on the first floor. Off-street parking for 5–6 cars. Lead certificate in hand. Convenient highway location with strong rent roll and excellent upside. Photos taken prior to tenants moving in.

Last Agent to Sell the Property

Sandra Perry

Lamacchia Realty, Inc. Listed on: 07/12/2022

Lamacchia Realty, Inc.

Last Buyer's Agent

Kelly Espinola

Keller Williams Realty-Merrimack

Keller Williams Realty-Merrimack

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,562

Year Built

  • Built in 1910

Lot Details

  • 5,597

Parking

  • 2 Car Garage
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Duplex
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,762 Sq Ft Home
  • Property has 1 Level
  • Washer
  • Unfinished Basement

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Moody Elementary School
  • Robinson Middle School
  • Lowell High School

Utilities

  • 100 Amp Service
  • Natural Gas Connected
  • Gas Water Heater

Additional Features

  • Deck
  • 5,597 Sq Ft Lot

Listing and Financial Details

  • Legal Lot and Block 338 / 2225
  • Assessor Parcel Number 3196211

Community Details

Overview

  • 2 Units

Amenities

  • Medical Services
  • Shops

Recreation

  • Park

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,562

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1910
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Tile,Vinyl,Carpet, Unit 1(undefined), Unit 2(Tile Floor,Wall to Wall Carpet)
  • Interior Amenities: Unit 1(Bathroom With Tub), Unit 2(Bathroom With Tub), Unit 1 Rooms(Living Room,Kitchen,Office/Den), Unit 2 Rooms(Living Room,Kitchen,Office/Den,Sunroom)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator,Washer,Dryer), Gas Water Heater,Tank Water Heater, Utility Connections for Gas Range
  • Total Bedrooms: 5
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Laundry Features: Washer Hookup
  • Basement: Unfinished
  • Living Area: 2762
  • Stories Total: 3
  • MAIN LO: G61700
  • MAIN SO: G95166

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Deck
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, Washer Hookup
  • Electric: 100 Amp Service
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Highway Access, Public School
  • Senior Community YN: No

Lot Info

  • Parcel Number: 3196211
  • Zoning: SSF
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.13
  • Lot Size Sq Ft: 5597
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5562.03
  • Tax Block: 2225
  • Tax Lot: 338

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 Hs
  • Elementary School: Moody
  • Middle Or Junior School: Robinson Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2022
Closed on
Sep 22, 2022
Sold by
Milnes Shirley Est and Milnes
Bought by
Boisvert Larry R
Seller's Agent
Sandra Perry
Lamacchia Realty, Inc.
Buyer's Agent
Kelly Espinola
Keller Williams Realty-Merrimack
List Price
$454,000
Sold Price
$446,000
Premium/Discount to List
-$8,000
-1.76%
Current Estimated Value
$622,963

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,963
Avg. Annual Appreciation
10.94%
Original Mortgage
$356,800
Outstanding Balance
$339,834
Interest Rate
5.22%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$283,129

Purchase Details

Closed on
Feb 21, 1969
Bought by
Gendreau Shirley M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Boisvert Larry R $446,000 None Available
Boisvert Larry R $446,000 None Available
Gendreau Shirley M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boisvert Larry R $356,800
Closed Boisvert Larry R $356,800
Previous Owner Gendreau Shirley M $20,000
Previous Owner Gendreau Shirley M $10,000
Previous Owner Gendreau Shirley M $10,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/10/2025 12/10/25 For Sale $749,999 +68.2% $272 / Sq Ft
09/22/2022 09/22/22 Sold $446,000 -1.8% $161 / Sq Ft
07/18/2022 07/18/22 Pending -- -- --
07/12/2022 07/12/22 For Sale $454,000 -- $164 / 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 $6,934 $604,000 $197,100 $406,900
2024 $6,478 $543,900 $184,200 $359,700
2023 $6,008 $483,700 $160,200 $323,500
2022 $5,562 $438,300 $145,600 $292,700
2021 $5,157 $383,100 $126,700 $256,400
2020 $4,852 $363,200 $126,700 $236,500
2019 $4,623 $329,300 $126,000 $203,300
2018 $6,673 $302,200 $120,000 $182,200
2017 $4,143 $277,700 $111,300 $166,400
2016 $4,077 $268,900 $102,500 $166,400
2015 $3,836 $247,800 $102,500 $145,300
2013 $3,553 $236,700 $113,100 $123,600
Source: Public Records

Agents Affiliated with this Home

  • Prestige Homes Realty Team

    Seller's Agent in 2025

    Prestige Homes Realty Team

    Prestige Homes Real Estate, LLC

    (781) 832-0197

    58 Total Sales

    Prestige Homes Realty Team
    Section Image

  • N

    Seller Co-Listing Agent in 2025

    Nicholas Pelletier

    Prestige Homes Real Estate, LLC

    (781) 835-5408

    25 Total Sales

    Nicholas Pelletier
    Section Image
  • Sandra Perry

    Seller's Agent in 2022

    Sandra Perry

    Lamacchia Realty, Inc.

    (978) 273-0601

    2 in this area

    55 Total Sales

    Sandra Perry
    Section Image
  • Kelly Espinola

    Buyer's Agent in 2022

    Kelly Espinola

    Keller Williams Realty-Merrimack

    (508) 982-6264

    15 in this area

    156 Total Sales

    Kelly Espinola
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73010500

MLS Property Information Network (MLS PIN)

APN: LOWE-000236-002225-000338

Massachusetts Middlesex County Lowell 01852 Belvidere

338 Fairmount St, Lowell, MA

Not Listed for Sale

MultiFamily

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