NOT LISTED FOR SALE

385 Walker St Lowell, MA 01851

Highlands Neighborhood

Estimated Value: $536,000 - $650,000

4 Beds
2 Baths
1,782 Sq Ft
$335/Sq Ft Est. Value

Last Sold August 07, 2017

Last sale price $213,500 $120 Per Sq Ft

Est. 171% increase in value since last sale

Current estimated payment $3,728/month

37 Days on Market

About This Home

As of August 2017

Great investment opportunity to own a well-maintained 2 family property in Lowell. Both units are tenant occupied and include 2 bedrooms and 1 full bathroom. New heating systems and newly renovated bathrooms in 2016. Coin operated laundry located in the basement for tenants to share. Conveniently located near public transportation, shopping, and highway access. Monthly rent for the two units totals $2450. Do not miss your opportunity to add this to your portfolio.

Last Agent to Sell the Property

Rosemary Mancuso

Keller Williams Realty Boston Northwest Listed on: 05/24/2017

Keller Williams Realty Boston Northwest

Last Buyer's Agent

Rosemary Mancuso

Keller Williams Realty Boston Northwest Listed on: 05/24/2017

Keller Williams Realty Boston Northwest

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,711

Year Built

1900

Lot Details

0

Listing Details

  • Lot Description: Other (See Remarks)
  • Property Type: Multi-family
  • Other Agent: 1.00
  • Lead Paint: Yes
  • Insc: 1365
  • Year Built Description: Actual
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 8
  • Amenities: Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access
  • Basement: Full, Unfinished Basement
  • Full Bathrooms: 2
  • Total Levels: 2
  • Main Lo: BB5474
  • Main So: BB5474
  • Estimated Sq Ft: 1782.00

Exterior Features

  • Construction: Frame
  • Exterior: Vinyl
  • Exterior Features: Porch
  • Foundation: Fieldstone

Utilities

  • Heat Zones: 2
  • Hot Water: Natural Gas, Tank
  • Utility Connections: for Gas Range, for Gas Oven, for Electric Dryer
  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric: 1060

Condo/Co-op/Association

  • Total Units: 2

Lot Info

  • Zoning: M2001
  • Acre: 0.07
  • Lot Size: 3049.00

Multi Family

  • Total Bedrooms: 4
  • Total Floors: 3
  • Total Full Baths: 2
  • Total Levels: 2
  • Total Rms: 8
  • Total Rent_1: 2450
  • Multi Family Type: 2 Family - 2 Units Up/Down

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2017
Closed on
Aug 7, 2017
Sold by
Huang Mei
Bought by
Jin Zhenrong and Li Xue
Seller's Agent
Rosemary Mancuso
Keller Williams Realty Boston Northwest
Buyer's Agent
Rosemary Mancuso
Keller Williams Realty Boston Northwest
List Price
$249,900
Sold Price
$213,500
Premium/Discount to List
-$36,400
-14.57%
Current Estimated Value
$578,737

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$365,237
Avg. Annual Appreciation
13.69%
Original Mortgage
$160,125
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 9, 2016
Closed on
Jun 8, 2016
Sold by
Hsbc Bank Usa Na Tr
Bought by
Huang Mei
Seller's Agent
Meghan Maraghy
Buyer's Agent
Paul Huang Team
Ivy Gate Realty
List Price
$159,900
Sold Price
$130,000
Premium/Discount to List
-$29,900
-18.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
53.37%

Purchase Details

Listed on
Feb 9, 2016
Closed on
May 12, 2016
Sold by
Edwards Blanson and Hsbc Bank Usa Na
Bought by
Hsbc Bank Usa Na
Seller's Agent
Meghan Maraghy
Buyer's Agent
Paul Huang Team
Ivy Gate Realty
List Price
$159,900
Sold Price
$130,000
Premium/Discount to List
-$29,900
-18.7%

Purchase Details

Closed on
Sep 26, 2003
Sold by
Sheedy Kara M
Bought by
Edwards Blanson and Edwards Darlene M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,050
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 19, 2000
Sold by
Tessier Maureen F
Bought by
Sheedy Kara M
Source: Public Records

Range of Values:

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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
Jin Zhenrong $213,500 --
Huang Mei $130,000 --
Hsbc Bank Usa Na $130,000 --
Hsbc Bank Usa Na $130,000 --
Edwards Blanson $165,000 --
Edwards Blanson $165,000 --
Sheedy Kara M $87,000 --
Sheedy Kara M $87,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jin Zhenrong $404,000
Closed Jin Zhenrong $160,125
Previous Owner Huang Mei $170,000
Previous Owner Edwards Blanson $39,500
Previous Owner Edwards Blanson $220,000
Previous Owner Edwards Blanson $160,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2017 08/07/17 Sold $213,500 -2.9% $120 / Sq Ft
06/30/2017 06/30/17 Pending -- -- --
06/12/2017 06/12/17 Price Changed $219,900 -12.0% $123 / Sq Ft
05/24/2017 05/24/17 For Sale $249,900 +92.2% $140 / Sq Ft
06/08/2016 06/08/16 Sold $130,000 -7.1% $73 / Sq Ft
04/18/2016 04/18/16 Pending -- -- --
04/11/2016 04/11/16 Price Changed $139,900 -5.7% $79 / Sq Ft
03/14/2016 03/14/16 Price Changed $148,400 -7.2% $83 / Sq Ft
02/09/2016 02/09/16 For Sale $159,900 -- $90 / 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 $6,711 $584,600 $135,000 $449,600
2024 $6,181 $519,000 $121,500 $397,500
2023 $5,750 $463,000 $105,600 $357,400
2022 $4,645 $366,000 $96,000 $270,000
2021 $4,307 $320,000 $83,500 $236,500
2020 $2,407 $180,200 $73,000 $107,200
2019 $3,287 $234,100 $67,600 $166,500
2018 $3,032 $210,700 $61,500 $149,200
2017 $2,866 $192,100 $55,900 $136,200
2016 $3,053 $201,400 $53,200 $148,200
2015 $2,845 $183,800 $54,500 $129,300
2013 $2,615 $174,200 $65,100 $109,100
Source: Public Records

Agents Affiliated with this Home

  • Rosemary Mancuso

    Seller's Agent in 2017

    Rosemary Mancuso

    Keller Williams Realty Boston Northwest

    (781) 883-7673

    148 Total Sales

    Section Image
  • Meghan Maraghy

    Seller's Agent in 2016

    Meghan Maraghy

    (978) 580-9612

    100 Total Sales

    Section Image

  • P

    Buyer's Agent in 2016

    Paul Huang Team

    Ivy Gate Realty

See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72170298

MLS Property Information Network (MLS PIN)

APN: LOWE-000103-006085-000385

Massachusetts Middlesex County Lowell 01851 Highlands

385 Walker St, Lowell, MA

This home is located at 385 Walker St, Lowell, MA 01851 since 24 May 2017 and is currently estimated at $596,815, approximately $334 per square foot. This property was built in 1900. 385 Walker St is a home located in Middlesex County with nearby schools including Charles W. Morey Elementary School, Abraham Lincoln Elementary School, and Dr. Gertrude Bailey Elementary School.

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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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