NOT LISTED FOR SALE

Estimated Value: $529,400 - $666,000

5 Beds
3 Baths
2,524 Sq Ft
$246/Sq Ft Est. Value

Last Sold April 16, 2021

Last sale price $470,100 $186 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $3,705/month

10 Days on Market

Highlights

  • Deck
  • Tile Flooring
  • 4-minute walk to South Common Park

About This Home

As of April 2021

MULTIPLE OFFER SITUATION. PLEASE SUBMIT HIGHEST AND BEST BY 5PM TUESDAY 2/23 AND ALLOW 24 HOURS FOR REVIEW. Commuters / Investors Dream!!! This multi family home is located within steps of commuter rail and down town Lowell. Both units are rented and tenants are willing to stay. First floor unit offers additional rental space in the finished basement. Second floor unit offers two additional unfinished rooms which can add to your living space. There is also a roof top deck with amazing city views. New main sewer line has been installed.

Last Agent to Sell the Property

Judy Vitorino

Keller Williams Realty-Merrimack Listed on: 02/15/2021

Keller Williams Realty-Merrimack

Last Buyer's Agent

Judy Vitorino

Keller Williams Realty-Merrimack Listed on: 02/15/2021

Keller Williams Realty-Merrimack

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 3,049

Flooring

  • Wall to Wall Carpet
  • Tile
  • Vinyl

Additional Features

  • Deck
  • Year Round Access
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:181 B:2675 L:414

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Commission: 1.00
  • Seller Agency: 1.00
  • Sub-Agency Relationship Offered: Yes
  • Year Built Description: Renovated Since
  • List Price Per Sq Ft: 174.33
  • Comp Based On: Net Sale Price
  • Year Built: 1910
  • Lead Paint: Unknown
  • Year Round: Yes
  • Col Common: Window AC
  • Ife Common: Walk-Up Attic, Storage
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1910

Interior Features

  • Flooring: Tile, Vinyl, Wall to Wall Carpet
  • Total Flrs: 3
  • No Bedrooms: 5
  • Total Brs: 5
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 13
  • Rms Common: Living Room, Kitchen, Family Room
  • Basement: Y
  • Basement Features: Finished
  • Main Lo: NB5250
  • Main So: NB5250
  • Estimated Sq Ft: 2524.00
  • Basement Included Sq Ft: Yes

Exterior Features

  • Construction: Frame
  • Roof Material: Slate
  • Exterior: Vinyl
  • Exterior Features: Deck - Roof
  • Foundation: Irregular

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 4

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Utility Connections: Varies per Unit

Condo/Co-op/Association

  • App Common: Range
  • Hea Common: Hot Water Baseboard, Electric Baseboard, Hot Water Radiators

Lot Info

  • Assessments: 251300.00
  • Acre: 0.07
  • Lot Size: 2920.00
  • Page: 254
  • Parcel Number: M:181 B:2675 L:414
  • Zoning: M2001
  • Lot Description: Corner, Paved Drive

Multi Family

  • Total Levels: 4
  • Total Rent: 2800
  • Total Rms: 13
  • No Units: 2
  • Mf Type: 2 Family - 2 Units Up/Down

Tax Info

  • Taxes: 3739.00
  • Assessor Parcel Number: 3190374
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2021
Closed on
Apr 15, 2021
Sold by
Macieira Julio C and Macieira Donna R
Bought by
Shi Qicun
Seller's Agent
Judy Vitorino
Keller Williams Realty-Merrimack
Buyer's Agent
Judy Vitorino
Keller Williams Realty-Merrimack
List Price
$440,000
Sold Price
$470,100
Premium/Discount to List
$30,100
6.84%
Current Estimated Value
$621,850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,750
Avg. Annual Appreciation
6.05%
Original Mortgage
$376,080
Outstanding Balance
$339,555
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$282,295

Purchase Details

Closed on
Dec 18, 1997
Sold by
Macieira Manuel A and Macieira Ligia M
Bought by
Macieira Julio Cesar and Macieira Donna R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
7.14%
Mortgage Type
Purchase Money Mortgage
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
Shi Qicun $470,100 None Available
Macieira Julio Cesar $80,000 --
Macieira Julio Cesar $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shi Qicun $376,080
Previous Owner Macieira Julio Cesar $70,000
Previous Owner Macieira Julio Cesar $30,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/16/2021 04/16/21 Sold $470,100 +6.8% $186 / Sq Ft
02/25/2021 02/25/21 Pending -- -- --
02/15/2021 02/15/21 For Sale $440,000 -- $174 / 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 $5,824 $507,300 $107,000 $400,300
2024 $5,346 $448,900 $96,500 $352,400
2023 $4,978 $400,800 $83,900 $316,900
2022 $4,480 $353,000 $66,200 $286,800
2021 $4,159 $309,000 $57,600 $251,400
2020 $3,739 $279,900 $48,000 $231,900
2019 $3,528 $251,300 $44,400 $206,900
2018 $3,201 $227,800 $42,300 $185,500
2017 $3,215 $215,500 $46,100 $169,400
2016 $3,272 $215,800 $46,400 $169,400
2015 $3,009 $194,400 $46,400 $148,000
2013 $2,552 $170,000 $53,500 $116,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72786068

MLS Property Information Network (MLS PIN)

APN: LOWE-000181-002675-000414