NOT LISTED FOR SALE

Estimated Value: $532,885 - $619,000

3 Beds
4 Baths
2,011 Sq Ft
$291/Sq Ft Est. Value

Last Sold September 01, 2022

Last sale price $510,000 $254 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,720/month

8 Days on Market

About This Home

As of September 2022

Exceptional investment opportunity to own a well-maintained two-family! This sweethome in Lowell would allow you to live in one unit and rent out the other, or have a placefor the whole family. This is a lovely area and provides a perfect getaway from thehustle and bustle, while not being far from downtown Lowell and all it has to offer.Inside, the first-floor unit has one bedroom, a cozy kitchen, and is awash with naturallight. The second-floor unit has three bedrooms, a private entrance, and offers plenty ofpotential for the creative mind. No need to fight for street parking here — there’s plentyof parking with a THREE garage bay, perfect for New England winters! This solidproperty offers endless investment possibilities for the savvy buyer. Don’t miss out! Group showing wed 11-12Pm and Thursday 5-6pm Offers ifn any are Due Monday July 18th 2022

Last Agent to Sell the Property

Tim Kihiko

Lowell Real Estate Experts Listed on: 07/10/2022

Last Buyer's Agent

Tim Kihiko

Lowell Real Estate Experts Listed on: 07/10/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,274

Year Built

  • Built in 1925

Lot Details

  • 5,249 Sq Ft Lot

Parking

  • 3 Car Garage
  • Driveway
  • Open Parking

Home Design

  • Block Foundation

Interior Spaces

  • 2,011 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Community Details

  • 2 Units
  • Net Operating Income $40,800

Listing and Financial Details

  • Total Actual Rent $3,400
  • Assessor Parcel Number M:152 B:3005 L:430,3186300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,274

Year Built

Built in 1925

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1925
  • Buyer Agency: 2.00
  • Transaction Broker: 2.00
  • Year Built Details: Renovated Since
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bathrooms: 4
  • Total Bathrooms: 3
  • Basement: Full, Finished, Walk-Out Access
  • Living Area: 2011
  • Stories Total: 3
  • MAIN LO: AN3483
  • LIST PRICE PER Sq Ft: 236.2
  • PRICE PER Sq Ft: 253.61
  • MAIN SO: AN3483

Exterior Features

  • Foundation Details: Block
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 3
  • Covered Parking Spaces: 3
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive
  • Total Parking Spaces: 12

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel Number: M:152 B:3005 L:430,3186300
  • Zoning: SMF
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Size Sq Ft: 5249
  • Lot Size Units: Acres
  • PAGE: 7
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4274
  • Tax Book Number: 26304

Multi Family

  • Gross Income: 40800
  • Net Operating Income: 40800
  • Number Of Units Total: 2
  • Total Actual Rent: 3400
  • Basement Included Sq Ft: No
  • LEVELS 2: 2
  • LEASE 2: N
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2011
Closed on
Aug 15, 2012
Sold by
Zanogeanu Ion
Bought by
Gitahi Josephine
Seller's Agent
Olga Rotaru
LAER Realty Partners
Buyer's Agent
Tim Kihiko
Lowell Real Estate Experts
List Price
$179,000
Sold Price
$162,000
Premium/Discount to List
-$17,000
-9.5%
Total Days on Market
8
Current Estimated Value
$585,721

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$423,721
Avg. Annual Appreciation
10.45%
Original Mortgage
$157,893
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 1, 2004
Sold by
Schiripo Orlando P
Bought by
Zanogeanu Ion

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,600
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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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
Gitahi Josephine $162,000 --
Zanogeanu Ion $237,000 --
Zanogeanu Ion $237,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Akowe Foster $14,395
Closed Akowe Foster-Efosa E $10,981
Open Akowe Foster Efosa E $500,762
Closed Akowe Foster Efosa E $500,762
Closed Gitahi Josephine $157,893
Previous Owner Zanogeanu Ion $248,000
Previous Owner Zanogeanu Ion $30,845
Previous Owner Zanogeanu Ion $80,000
Previous Owner Zanogeanu Ion $189,600
Previous Owner Zanogeanu Ion $35,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2022 09/01/22 Sold $510,000 +7.4% $254 / Sq Ft
07/19/2022 07/19/22 Pending -- -- --
07/10/2022 07/10/22 For Sale $475,000 +193.2% $236 / Sq Ft
08/14/2012 08/14/12 Sold $162,000 -9.5% $55 / Sq Ft
07/15/2012 07/15/12 Pending -- -- --
10/26/2011 10/26/11 For Sale $179,000 -- $61 / 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 $5,184 $451,600 $136,200 $315,400
2024 $4,949 $415,500 $135,400 $280,100
2023 $4,603 $370,600 $117,700 $252,900
2022 $4,274 $336,800 $107,000 $229,800
2021 $3,980 $295,700 $93,100 $202,600
2020 $3,530 $264,200 $76,500 $187,700
2019 $3,283 $233,800 $61,400 $172,400
2018 $2,523 $194,400 $58,500 $135,900
2017 $2,547 $170,700 $45,800 $124,900
2016 $2,641 $174,200 $49,300 $124,900
2015 $2,471 $159,600 $49,300 $110,300
2013 $2,621 $174,600 $65,800 $108,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73009856

MLS Property Information Network (MLS PIN)

APN: LOWE-000152-003005-000430