NOT LISTED FOR SALE

340 University Ave Lowell, MA 01854

Pawtucketville Neighborhood

Estimated Value: $735,000 - $775,035

6 Beds
2 Baths
3,650 Sq Ft
$208/Sq Ft Est. Value

Last Sold September 09, 2016

Last sale price $375,000 $103 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $4,667/month

8 Days on Market

About This Home

As of September 2016

Large multi family home in beautiful Pawtucketville location. BONUS: Finished 3rd floor living space includes 3 bedrooms, 1.5 bath and laundry room in unit. Walk to UMass Lowell, restaurants, and shopping. First floor unit includes large sun room, office, 2 bedrooms, dining room, living room, kitchen plus pantry, and laundry. Second floor boasts 3 bedrooms, dining room, living room, kitchen plus pantry, heated/enclosed porch, and laundry. Additional bathroom and workroom in basement. Backyard shed and plenty of parking. Home maintained meticulously by skilled, finish carpenter. Investors, take advantage of this return on investment. Buyers, live in one unit and rent the others. Start making income right away. Showings will begin at weekend Open Houses: Saturday 12-2 and Sunday 2-4.

Last Agent to Sell the Property

Kerry Turner

Kerry Landry Listed on: 07/18/2016

Last Buyer's Agent

Henry Rodrigues

RE/MAX Partners License #449536295

RE/MAX Partners

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,236

Year Built

1910

Lot Details

0

Listing Details

  • Lot Description: Paved Drive, Fenced/Enclosed, Level
  • Property Type: Multi-family
  • Other Agent: 2.00
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1910

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 13
  • Amenities: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University
  • Flooring: Hardwood
  • Basement: Full, Concrete Floor, Unfinished Basement
  • Total Levels: 2

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Wood
  • Exterior Features: Patio, Fenced Yard
  • Foundation: Fieldstone

Garage/Parking

  • Parking: Off-Street, Paved Driveway
  • Parking Spaces: 8

Utilities

  • Hot Water: Natural Gas
  • Utility Connections: for Electric Range, for Electric Dryer, Washer Hookup
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 2

Lot Info

  • Assessor Parcel Number: M:79 B:5830 L:340
  • Zoning: M1001

Multi Family

  • Total Bedrooms: 6
  • Total Floors: 3
  • Total Full Baths: 2
  • Total Levels: 3
  • Total Rms: 13
  • Total Rent_1: 3900

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2016
Closed on
Sep 9, 2016
Sold by
Turner Edward J Est
Bought by
Liu Don P and Dong Na
Seller's Agent
Kerry Turner
Kerry Landry
Buyer's Agent
Henry Rodrigues
RE/MAX Partners
List Price
$349,000
Sold Price
$375,000
Premium/Discount to List
$26,000
7.45%
Current Estimated Value
$759,009

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$384,009
Avg. Annual Appreciation
7.91%
Original Mortgage
$318,750
Outstanding Balance
$255,014
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$503,995
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Liu Don P $375,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liu Don P $318,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/09/2016 09/09/16 Sold $375,000 +7.4% $103 / Sq Ft
07/26/2016 07/26/16 Pending -- -- --
07/18/2016 07/18/16 For Sale $349,000 -- $96 / 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 $8,236 $717,400 $148,900 $568,500
2024 $7,857 $659,700 $157,300 $502,400
2023 $7,375 $593,800 $142,100 $451,700
2022 $6,825 $537,800 $129,200 $408,600
2021 $6,328 $470,100 $112,300 $357,800
2020 $5,686 $425,600 $95,700 $329,900
2019 $4,993 $355,600 $80,900 $274,700
2018 $4,649 $323,100 $77,000 $246,100
2017 $4,425 $296,600 $72,000 $224,600
2016 $4,637 $305,900 $84,600 $221,300
2015 $4,293 $277,300 $84,600 $192,700
2013 $3,927 $261,600 $98,900 $162,700
Source: Public Records

Agents Affiliated with this Home

  • Kerry Turner

    Seller's Agent in 2016

    Kerry Turner

    Kerry Landry

    (617) 304-0128

    40 Total Sales

    Kerry Turner
    Section Image

  • H

    Buyer's Agent in 2016

    Henry Rodrigues

    The Carroll Team

    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72039920

MLS Property Information Network (MLS PIN)

APN: LOWE-000079-005830-000340

Massachusetts Middlesex County Lowell 01826 Pawtucketville

340 University Ave, Lowell, MA

Not Listed for Sale

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