TG
The Espinola Group
Keller Williams Realty-Merrimack
7 Total Sales
1 in Lower Highlands
$495,000 Price
405 School St Lowell, MA 01851
Lower Highlands Neighborhood
3
Beds
4
Baths
3,151
Sq Ft
3,267
Sq Ft Lot
Highlights
- Medical Services
- Corner Lot
- Heating Available
- Property is near public transit and schools
- Coin Laundry
- 4-minute walk to Roberto Clemente Park
About This Home
As of October 2022Very well maintained four family in great location. All four units rented TAW and long-term tenants would like to stay. Largest unit has delead certificate. Current rents are under market. Four parking spots on driveway with additional parking in yard if needed. Plenty of off-street parking as well with permits. Professionally managed and maintained. Nicely updated property with small yard. Solid investment property or owner - occupant could live virtually for free. Live in a studio and rent the other units. Excellent cash flow.
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
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,425
Year Built
- Built in 1900
Lot Details
- 3,267 Sq Ft Lot
- Corner Lot
- Level Lot
Home Design
- 3,151 Sq Ft Home
- Stone Foundation
- Frame Construction
- Shingle Roof
Bedrooms and Bathrooms
- 3 Bedrooms
- 4 Full Bathrooms
Basement
- Basement Fills Entire Space Under The House
- Dirt Floor
Parking
- 4 Car Parking Spaces
- On-Street Parking
- Open Parking
- Off-Street Parking
Location
- Property is near public transit and schools
Utilities
- No Cooling
- Heating Available
Listing and Financial Details
- Total Actual Rent $3,600
- Rent includes unit 1(heat electric gas water hot water), unit 2(heat electric gas water hot water), unit 3(heat electric gas water hot water), unit 4(heat electric gas water hot water)
- Assessor Parcel Number M:120 B:5240 L:405,3182970
Community Details
Overview
- 4 Units
- Property has 1 Level
Amenities
- Medical Services
- Coin Laundry
Building Details
- Operating Expense $16,407
- Net Operating Income $31,287
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 12, 2022
Closed on
Oct 11, 2022
Sold by
Bought by
Seller's Agent
Paul Brouillette
LAER Realty Partners
Buyer's Agent
Paul Brouillette
LAER Realty Partners
List Price
$699,900
Sold Price
$420,000
Premium/Discount to List
-$279,900
-39.99%
Views
44
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Outstanding Balance
$298,376
Interest Rate
5.55%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 12, 2003
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Lower Highlands, MA
-
The Espinola Group
-
Kelly Espinola
Kelly Espinola
Keller Williams Realty-Merrimack
(351) 215-0914
147 Total Sales
2 in Lower Highlands
$400K - $990K Price Range
-
Nina Sable
Nina Sable
William Raveis R.E. & Home Services
(774) 341-4973
70 Total Sales
1 in Lower Highlands
$375,000 Price
-
Michael Page
Michael Page
LAER Realty Partners
(351) 208-1250
105 Total Sales
1 in Lower Highlands
$390,000 Price
-
Roc Noelsaint
Roc Noelsaint
Responds QuicklyReal Broker MA, LLC
(781) 645-4872
25 Total Sales
1 in Lower Highlands
$670,000 Price
-
Team Valdez Mejia
Team Valdez Mejia
Keller Williams Realty
(351) 208-2030
158 Total Sales
2 in Lower Highlands
$625K - $825K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $420,000 | None Available | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $315,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/11/2022 10/11/22 | Sold | $420,000 | -4.5% | $133 / Sq Ft |
| 08/30/2022 08/30/22 | Pending | -- | -- | -- |
| 08/18/2022 08/18/22 | Price Changed | $440,000 | -12.0% | $140 / Sq Ft |
| 08/11/2022 08/11/22 | Price Changed | $499,900 | -9.1% | $159 / Sq Ft |
| 08/01/2022 08/01/22 | Price Changed | $550,000 | -8.3% | $175 / Sq Ft |
| 07/26/2022 07/26/22 | Price Changed | $599,900 | -14.3% | $190 / Sq Ft |
| 07/12/2022 07/12/22 | For Sale | $699,900 | -- | $222 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $5,590 | $486,900 | $107,200 | $379,700 |
| 2024 | $5,546 | $465,700 | $100,200 | $365,500 |
| 2023 | $6,322 | $509,000 | $87,200 | $421,800 |
| 2022 | $5,425 | $427,500 | $68,900 | $358,600 |
| 2021 | $5,066 | $376,400 | $59,900 | $316,500 |
| 2020 | $5,029 | $376,400 | $59,900 | $316,500 |
| 2019 | $4,194 | $298,700 | $57,000 | $241,700 |
| 2018 | $3,692 | $281,900 | $54,300 | $227,600 |
| 2017 | $3,693 | $247,500 | $52,600 | $194,900 |
| 2016 | $3,694 | $243,700 | $48,800 | $194,900 |
| 2015 | $3,302 | $213,300 | $48,800 | $164,500 |
| 2013 | $3,025 | $201,500 | $58,600 | $142,900 |
Source: Public Records
Agents Affiliated with this Home
-
Paul Brouillette
Seller's Agent in 2022
Paul Brouillette
Laer Realty
(978) 852-3001
12 in this area
143 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73008075
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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.
Nearby Homes
- 173 Branch St
- 255 School St Unit B
- 18 Phillips St
- 99 Westford St
- 48 W Adams St
- 312 Wilder St
- 54 Gates St Unit 2
- 32 Oliver St
- 36 Osgood St Unit 2
- 125 Mt Vernon St Unit D
- 46 Howard St
- 56 Pine St
- 106 Grand St
- 111 Liberty St
- 113 Liberty St
- 19 Sheldon St
- 78 Stevens St
- 5 Dublin St
- 1 Dublin St
- 168 Suffolk St
- 397 School St
- 344-1 Smith Ave
- 9 Sawtelle Place
- 11 Sawtelle Place
- 13 Sawtelle Place
- 10 Sawtelle Place
- 19 Sawtelle Place
- 5 Spring Ave
- 409 School St
- 17 Sawtelle Place
- 11 Spring Ave Unit A
- 11 Spring Ave
- 15 Sawtelle Place
- 21 Sawtelle Place
- 31 Sawtelle Place
- 27 Sawtelle Place
- 416 School St
- 32 Sawtelle Place
- 414 School St
- 400 School St Unit 1
Your Personal Tour Guide
Ask me questions while you tour the home.