Brody Murphy Novak Group
Douglas Elliman Real Estate - Park Plaza
(781) 661-6002
38 Total Sales
1 in Belvidere
$532,000 Price
408 E Merrimack St Lowell, MA 01852
Belvidere Neighborhood
6
Beds
6
Baths
3,904
Sq Ft
7,405
Sq Ft Lot
Highlights
- Deck
- Porch
- 3-minute walk to Kittredge Park
- Wood Flooring
About This Home
As of August 2019Rare opportunity to own a 5 unit building in a desirable Belvidere neighborhood. The property is fully occupied and comprised of (5) spacious one bedroom units. Each unit features hardwood floors, kitchen, living room, bedroom and bathroom. The property has been well-maintained with several updates including: brand new heating system, newer windows, and fresh paint on exterior and decks. Laundry is conveniently located in the basement with additional space for storage. Plenty of parking with spots for 6 cars in the driveway and additional spaces in the front of the building. Conveniently located near major highways, hospital, downtown, restaurants, shopping, and the train station. Don't miss out on this prime property with excellent cash flow. Rents are below market value for units this size with heat included!!
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1900
Lot Details
- 7,405
Outdoor Features
- Deck
- Porch
Additional Features
- Wood Flooring
- Water Holding Tank
- Basement
Listing and Financial Details
- Assessor Parcel Number M:199 B:1950 L:408
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
Jun 29, 2019
Closed on
Aug 21, 2019
Sold by
Bought by
Seller's Agent
Courtney Rourke
Z. R. Rourke Real Estate
Buyer's Agent
Eugene Clark
C&M Signature Property Group
List Price
$699,900
Sold Price
$670,000
Premium/Discount to List
-$29,900
-4.27%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,000
Outstanding Balance
$461,211
Interest Rate
3.8%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 18, 2019
Sold by
Bought by
Purchase Details
Closed on
Oct 26, 2010
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,665
Interest Rate
4.37%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 26, 2008
Sold by
Bought by
Purchase Details
Closed on
Mar 28, 2006
Sold by
Bought by
Purchase Details
Closed on
Mar 25, 2005
Sold by
Bought by
Purchase Details
Closed on
Aug 18, 2004
Sold by
Bought by
Purchase Details
Closed on
Oct 24, 2003
Sold by
Bought by
Purchase Details
Closed on
Dec 24, 1998
Sold by
Bought by
Purchase Details
Closed on
May 6, 1998
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Belvidere, MA
-
Brody Murphy Novak Group
-
Andrea Dillon
Andrea Dillon
LAER Realty Partners
(351) 277-3345
41 Total Sales
2 in Belvidere
$380K - $425K Price Range
-
Ana Picanco Linnehan
Ana Picanco Linnehan
eXp Realty LLC - Corporate Office
(351) 215-0595
21 Total Sales
1 in Belvidere
$325,000 Price
-
Ali Ludwig
Ali Ludwig
Keller Williams Realty-Merrimack
(351) 208-1956
94 Total Sales
1 in Belvidere
$480,000 Price
-
Kelly Espinola
Kelly Espinola
Keller Williams Realty-Merrimack
(351) 215-0914
147 Total Sales
13 in Belvidere
$160K - $1M Price Range
-
Rhonda Stone
Rhonda Stone
Keller Williams Realty-Merrimack
(978) 850-3159
200 Total Sales
1 in Belvidere
$530,000 Price
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 |
|---|---|---|---|
| $670,000 | -- | ||
| $362,000 | -- | ||
| -- | -- | ||
| -- | -- | ||
| -- | -- | ||
| -- | -- | ||
| -- | -- | ||
| $333,000 | -- | ||
| $65,000 | -- | ||
| $25,000 | -- |
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 | $536,000 | ||
| Previous Owner | $28,665 | ||
| Previous Owner | $330,000 |
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 |
|---|---|---|---|---|
| 08/28/2019 08/28/19 | Sold | $670,000 | -4.3% | $172 / Sq Ft |
| 07/03/2019 07/03/19 | Pending | -- | -- | -- |
| 06/29/2019 06/29/19 | For Sale | $699,900 | -- | $179 / 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 | $8,856 | $771,400 | $157,500 | $613,900 |
| 2024 | $8,954 | $751,800 | $160,700 | $591,100 |
| 2023 | $9,012 | $725,600 | $134,500 | $591,100 |
| 2022 | $7,939 | $625,600 | $122,300 | $503,300 |
| 2021 | $7,418 | $551,100 | $106,400 | $444,700 |
| 2020 | $7,029 | $526,100 | $106,400 | $419,700 |
| 2019 | $5,815 | $414,200 | $92,800 | $321,400 |
| 2018 | $6,447 | $391,400 | $88,400 | $303,000 |
| 2017 | $5,140 | $344,500 | $84,500 | $260,000 |
| 2016 | $5,042 | $332,600 | $72,600 | $260,000 |
| 2015 | $4,531 | $292,700 | $72,600 | $220,100 |
| 2013 | $4,398 | $293,000 | $92,300 | $200,700 |
Source: Public Records
Agents Affiliated with this Home
-
Courtney Rourke
Seller's Agent in 2019
Courtney Rourke
Z. R. Rourke Real Estate
(978) 729-0321
3 in this area
48 Total Sales
-
Eugene Clark
Buyer's Agent in 2019
Eugene Clark
C&M Signature Property Group
(617) 308-7918
2 in this area
18 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72527386
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.
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