NOT LISTED FOR SALE

480 Central St Lowell, MA 01852

Back Central Neighborhood

Estimated Value: $638,946

8 Beds
2 Baths
4,645 Sq Ft
$138/Sq Ft Est. Value

Last Sold January 30, 2015

Last sale price $315,000 $68 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $3,401/month

65 Days on Market

About This Home

As of January 2015

This enormous, updated two family comes with a 30 car parking lot! There is potential to sub-divide the property to build on the parking lot or convert the home back to a 4 family. Also potential for a business with all the parking you could ever need. If you are an owner occupant or an investor this could be the house for you as well. Upstairs unit has an updated kitchen, bath, recessed lighting throughout, and a walk up attic. Newer furnaces, hot water tanks, roof, windows and updated electrical and plumbing. Four good sized bedrooms in each unit, fenced in backyard, walking distance to downtown Lowell and easy access to Rt. 3 and 495 make this an excellent choice for your next home!

Last Agent to Sell the Property

Kenneth Purtell

Re/Max Innovative Properties Listed on: 10/27/2014

Re/Max Innovative Properties

Last Buyer's Agent

Mary Georgoulis

Pristine Homes Realty, LLC License #456013653

Property Details

Home Type

Multi-Family

Year Built

1900

Lot Details

0

Listing Details

  • Lot Description: Paved Drive, Fenced/Enclosed, Level
  • Other Agent: 2.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 13
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Highway Access, Public School, T-Station
  • Electric: Circuit Breakers
  • Energy: Insulated Windows
  • Flooring: Wall to Wall Carpet
  • Basement: Full, Finished, Walk Out

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Vinyl
  • Exterior Features: Porch - Enclosed, Deck, Gutters, Fenced Yard
  • Foundation: Poured Concrete, Concrete Block

Garage/Parking

  • Parking: Off-Street, Paved Driveway
  • Parking Spaces: 30

Utilities

  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range

Lot Info

  • Assessor Parcel Number: M:000180 T:L14507

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2014
Closed on
Jan 30, 2015
Sold by
Leandro Frank and Leandro Maureen A
Bought by
Mental Health Assn Gre
Seller's Agent
Kenneth Purtell
Re/Max Innovative Properties
Buyer's Agent
Mary Georgoulis
Pristine Homes Realty, LLC
List Price
$369,900
Sold Price
$315,000
Premium/Discount to List
-$54,900
-14.84%
Current Estimated Value
$638,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$323,946
Avg. Annual Appreciation
6.84%
Original Mortgage
$236,250
Outstanding Balance
$181,283
Interest Rate
3.81%
Mortgage Type
Commercial
Estimated Equity
$457,663
Source: Public Records

Range of Values:

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Average Value
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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
Mental Health Assn Gre $315,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mental Health Assn Gre $236,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2015 01/30/15 Sold $315,000 -14.8% $68 / Sq Ft
12/31/2014 12/31/14 Pending -- -- --
10/27/2014 10/27/14 For Sale $369,900 -- $80 / 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 -- $789,100 $138,100 $651,000
2024 -- $703,500 $126,900 $576,600
2023 $0 $634,800 $115,400 $519,400
2022 $0 $570,900 $100,100 $470,800
2021 $0 $500,600 $87,000 $413,600
2020 $0 $454,700 $72,500 $382,200
2019 $0 $411,800 $72,500 $339,300
2018 -- $373,900 $69,000 $304,900
2017 -- $362,000 $82,800 $279,200
2016 -- $335,300 $87,400 $247,900
Source: Public Records

Agents Affiliated with this Home

  • Kenneth Purtell

    Seller's Agent in 2015

    Kenneth Purtell

    RE/MAX

    (978) 273-6936

    72 Total Sales

    Kenneth Purtell
    Section Image

  • M

    Buyer's Agent in 2015

    Mary Georgoulis

    Pristine Homes Realty, LLC

    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71762116

MLS Property Information Network (MLS PIN)

APN: LOWE-000180-001125-000480

Massachusetts Middlesex County Lowell 01852 Back Central

480 Central St, Lowell, MA

This home is located at 480 Central St, Lowell, MA 01852 since 27 October 2014 and is currently estimated at $638,946, approximately $137 per square foot. This property was built in 1900. 480 Central St is a home located in Middlesex County with nearby schools including Moody Elementary School, Abraham Lincoln Elementary School, and Greenhalge Elementary School.

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.

MLS Property Information Network (MLS PIN) 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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