NOT LISTED FOR SALE

40 Spring Ave Unit 2 Lowell, MA 01851

Lower Highlands Neighborhood

Estimated Value: $478,000 - $569,000

2 Beds
1 Bath
840 Sq Ft
6,098 Sq Ft Lot

Last Sold December 18, 2012

Last sale price $51,000 $61 Per Sq Ft

Est. 909% increase in value since last sale

Current estimated payment $3,125/month

About This Home

As of December 2012

Bank owned, POF or pre-qual w/all offers. Buyer responsible for smoke/carbon certification.

Last Agent to Sell the Property

Larry Gagnon

Coldwell Banker Realty Listed on: 08/03/2012

Last Buyer's Agent

Larry Gagnon

Coldwell Banker Realty Listed on: 08/03/2012

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,626

Year Built

1986

Lot Details

0

Listing Details

  • Unit Level: 1
  • Special Features: 20
  • Property Sub Type: Condos
  • Year Built: 1986

Interior Features

  • Has Basement: No
  • Primary Bathroom: Yes
  • Number of Rooms: 4
  • Amenities: Public Transportation
  • Energy: Insulated Windows
  • Bedroom 2: First Floor
  • Kitchen: First Floor
  • Living Room: First Floor
  • Master Bedroom: First Floor

Exterior Features

  • Construction: Frame
  • Exterior: Wood
  • Exterior Unit Features: Porch

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 2

Utilities

  • Hot Water: Electric, Tank

Condo/Co-op/Association

  • Association Fee Includes: Water, Master Insurance, Exterior Maintenance, Snow Removal
  • No Units: 4
  • Unit Building: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 14, 2000
Sold by
Residents First Dev
Bought by
Nguyen Thuong T and Tran Hen B
Current Estimated Value
$514,611

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Outstanding Balance
$25,419
Interest Rate
8.24%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$489,192
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
Nguyen Thuong T $90,000 --
Nguyen Thuong T $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nguyen Thuong T $72,000
Closed Nguyen Thuong T $72,000
Closed Nguyen Thuong T $13,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2012 12/18/12 Sold $51,000 -1.7% $61 / Sq Ft
08/03/2012 08/03/12 Pending -- -- --
08/03/2012 08/03/12 For Sale $51,900 -- $62 / 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 $4,626 $403,000 $125,300 $277,700
2024 $4,703 $394,900 $117,200 $277,700
2023 $4,448 $358,100 $101,900 $256,200
2022 $3,793 $298,900 $80,500 $218,400
2021 $3,545 $263,400 $70,000 $193,400
2020 $3,527 $264,000 $70,000 $194,000
2019 $3,426 $244,000 $66,600 $177,400
2018 $3,405 $236,600 $63,500 $173,100
2017 $3,354 $224,800 $61,500 $163,300
2016 $1,856 $122,400 $57,100 $65,300
2015 $1,868 $120,700 $57,100 $63,600
2013 $1,663 $110,800 $68,600 $42,200
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2012

    Larry Gagnon

    Coldwell Banker Realty

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71417890

MLS Property Information Network (MLS PIN)

APN: LOWE-000120-005445-000030

Massachusetts Middlesex County Lowell 01851 Lower Highlands

40 Spring Ave Unit 2, Lowell, MA

This home is located at 40 Spring Ave Unit 2, Lowell, MA 01851 since 03 August 2012 and is currently estimated at $514,611, approximately $612 per square foot. This property was built in 1986. 40 Spring Ave Unit 2 is a home located in Middlesex County with nearby schools including Charles W. Morey Elementary School, Abraham Lincoln Elementary School, and Charlotte M. Murkland 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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