47 6th St Lowell, MA 01850
Centralville NeighborhoodEstimated Value: $576,909 - $666,000
8
Beds
2
Baths
3,004
Sq Ft
$202/Sq Ft
Est. Value
About This Home
As of November 2021Great opportunity for the investor or owner-occupant with this fully lead compliant multi-family in the Centralville section of Lowell. Convenient to RT-38, RT-110 & RT-495. Close to shopping and all area amenities. This property is on the bus line as well. 1st floor three bedroom unit is ready for occupancy and will command a strong rent with the tenant paying utilities. 2nd floor unit is in the process of emptying out. With some freshening up, this would make a fantastic owner's unit with its spacious floor plan, including bedrooms on three different levels. If not an owner-occupant, this unit would command strong market rate rents as well, with the tenant paying utilities. Off-street parking for 2-3 vehicles and one can easily procure the resident sign from the city for an extra space right in front of the house. This is a solid deal in this market.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,801
Year Built
- 1900
Lot Details
- 3,485
Interior Spaces
- Property has 1 Level
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 23, 2021
Closed on
Sep 23, 2021
Sold by
Mcguire Michael C
Bought by
Meronnis Hugo R and Meronnis Jean W
Seller's Agent
Brian Donoghue
Universal Property Management
Buyer's Agent
Malik Wilder
Matias Realty, LLC
List Price
$460,000
Sold Price
$430,000
Premium/Discount to List
-$30,000
-6.52%
Total Days on Market
3
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,477
Avg. Annual Appreciation
8.80%
Original Mortgage
$422,211
Outstanding Balance
$388,754
Interest Rate
2.88%
Mortgage Type
FHA
Estimated Equity
$191,418
Purchase Details
Closed on
Jun 25, 2008
Sold by
Countrywide Home Loans
Bought by
Department Of Housing & Urban Dev
Purchase Details
Closed on
Sep 20, 2007
Sold by
Countrywide Home Loan
Bought by
Department Of Housing & Urban Dev
Purchase Details
Closed on
Jul 24, 2007
Sold by
Brady Annie and Countrywide Home Loans
Bought by
Countrywide Home Loans
Purchase Details
Closed on
Oct 1, 2004
Sold by
Lourenco Cecilia S and Lourenco Roberto A
Bought by
Brady Annie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$309,148
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 14, 2003
Sold by
Young Brian M
Bought by
Lourenco Cecilia S and Lourenco Roberto A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage
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Similar Homes in Lowell, MA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Meronnis Hugo R | $450,000 | None Available | |
| Department Of Housing & Urban Dev | -- | -- | |
| Mcguire Michael C | $100,000 | -- | |
| Department Of Housing & Urban Dev | -- | -- | |
| Department Of Housing & Urban Dev | -- | -- | |
| Department Of Housing & Urban Dev | -- | -- | |
| Countrywide Home Loans | $333,123 | -- | |
| Countrywide Home Loans | $333,123 | -- | |
| Brady Annie | $314,000 | -- | |
| Brady Annie | $314,000 | -- | |
| Lourenco Cecilia S | $265,000 | -- | |
| Lourenco Cecilia S | $265,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Meronnis Hugo R | $422,211 | |
| Previous Owner | Lourenco Cecilia S | $98,000 | |
| Previous Owner | Brady Annie | $309,148 | |
| Previous Owner | Lourenco Cecilia S | $212,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/05/2021 11/05/21 | Sold | $430,000 | -6.5% | $143 / Sq Ft |
| 08/27/2021 08/27/21 | Pending | -- | -- | -- |
| 08/23/2021 08/23/21 | For Sale | $460,000 | -- | $153 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $6,801 | $592,400 | $115,800 | $476,600 |
| 2024 | $6,160 | $517,200 | $96,200 | $421,000 |
| 2023 | $5,737 | $461,900 | $83,700 | $378,200 |
| 2022 | $5,183 | $408,400 | $66,600 | $341,800 |
| 2021 | $4,804 | $356,900 | $57,900 | $299,000 |
| 2020 | $4,454 | $333,400 | $57,900 | $275,500 |
| 2019 | $3,962 | $282,200 | $49,800 | $232,400 |
| 2018 | $3,361 | $255,300 | $47,400 | $207,900 |
| 2017 | $3,382 | $226,700 | $39,800 | $186,900 |
| 2016 | $3,466 | $228,600 | $41,700 | $186,900 |
| 2015 | $3,183 | $205,600 | $42,900 | $162,700 |
| 2013 | $2,849 | $189,800 | $51,700 | $138,100 |
Source: Public Records
Agents Affiliated with this Home
-
Brian Donoghue
B
Seller's Agent in 2021
Brian Donoghue
Universal Property Management
(978) 937-9327
17 in this area
45 Total Sales
-
Buyer's Agent in 2021
Malik Wilder
Matias Realty, LLC
(646) 457-1490
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72885333
APN: LOWE-000197-005385-000047
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