NOT LISTED FOR SALE

480 E Merrimack St Lowell, MA 01852

Belvidere Neighborhood

Estimated Value: $624,839 - $701,000

6 Beds
2 Baths
2,380 Sq Ft
$282/Sq Ft Est. Value

Last Sold June 07, 2017

Last sale price $403,500 $170 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $4,074/month

About This Home

As of June 2017

Gorgeous two family located in Lowell's sought after Belvidere neighborhood. Perfect fit for owner occupied or investment, First floor includes a sun filled living room, three bedrooms, hardwood floors, new kitchen and a large deck over looking the back yard. Second floor unit has three large bedrooms, walk up attack and a brand new deck leading to the rear yard.

Last Agent to Sell the Property

Spiro Skinsacos

LAER Realty Partners Listed on: 05/10/2017

LAER Realty Partners

Last Buyer's Agent

Jason Goldfarb

United Brokers

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,444

Year Built

1921

Lot Details

0

Listing Details

  • Lot Description: Paved Drive, Cleared, Level
  • Property Type: Multi-family
  • Other Agent: 2.00
  • Lead Paint: Unknown
  • Year Round: Yes
  • Year Built Description: Approximate, Renovated Since
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1921

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 10
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Highway Access, House of Worship, Public School, University
  • Electric: Circuit Breakers
  • Energy: Insulated Windows, Insulated Doors
  • Flooring: Tile, Wall to Wall Carpet, Hardwood
  • Basement: Full, Walk Out, Concrete Floor
  • Full Bathrooms: 2
  • Total Levels: 2
  • Main Lo: G61700
  • Main So: AC0756
  • Estimated Sq Ft: 2380.00

Exterior Features

  • Construction: Frame
  • Exterior: Vinyl
  • Exterior Features: Porch
  • Foundation: Fieldstone, Irregular
  • Waterview Flag: Yes

Garage/Parking

  • Parking: Off-Street, Paved Driveway
  • Parking Spaces: 4

Utilities

  • Heat Zones: 2
  • Hot Water: Natural Gas, Tank
  • Utility Connections: for Gas Range, for Electric Dryer
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 2

Lot Info

  • Zoning: TTF
  • Acre: 0.11
  • Lot Size: 4897.00

Multi Family

  • Foundation: Irr
  • Heat Units: 2
  • Total Bedrooms: 6
  • Total Floors: 3
  • Total Full Baths: 2
  • Total Levels: 3
  • Total Rms: 10
  • Total Rent_1: 1600
  • Waterview: Public, River
  • Multi Family Type: 2 Family - 2 Units Up/Down

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2017
Closed on
Jun 8, 2017
Sold by
Mani Property Holdings
Bought by
Fritz-Ahrendts Jean and Dorestant Naisha
Seller's Agent
Spiro Skinsacos
LAER Realty Partners
Buyer's Agent
Jason Goldfarb
United Brokers
List Price
$389,000
Sold Price
$403,500
Premium/Discount to List
$14,500
3.73%
Current Estimated Value
$671,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$268,210
Avg. Annual Appreciation
6.18%
Original Mortgage
$396,191
Outstanding Balance
$335,921
Interest Rate
4.75%
Mortgage Type
FHA
Estimated Equity
$335,789

Purchase Details

Listed on
Oct 28, 2016
Closed on
Feb 2, 2017
Sold by
Trodella Sandra D and Trodella Samuel J
Bought by
Mani Property Holdings
Seller's Agent
Rachael Macomber
Curtis & Colletta Realty Associates
Buyer's Agent
Rachael Macomber
Curtis & Colletta Realty Associates
List Price
$259,900
Sold Price
$280,000
Premium/Discount to List
$20,100
7.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
192.90%

Purchase Details

Closed on
Jul 24, 2000
Sold by
Draper Poland J and Castellano Robert
Bought by
Trodella Sandra D and Trodella Sam J

Purchase Details

Closed on
Mar 16, 2000
Sold by
Shaugnhessy David A
Bought by
Draper Roland J and Castellano Robert A
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
Fritz-Ahrendts Jean $403,500 --
Mani Property Holdings $280,000 --
Trodella Sandra D $173,000 --
Trodella Sandra D $173,000 --
Draper Roland J $140,000 --
Draper Roland J $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fritz-Ahrendts Jean $396,191
Closed Draper Roland J $396,191
Previous Owner Draper Roland J $173,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/07/2017 06/07/17 Sold $403,500 +3.7% $170 / Sq Ft
05/10/2017 05/10/17 Pending -- -- --
05/10/2017 05/10/17 For Sale $389,000 +38.9% $163 / Sq Ft
02/02/2017 02/02/17 Sold $280,000 +7.7% $118 / Sq Ft View Prior Sale
12/26/2016 12/26/16 Pending -- -- --
12/21/2016 12/21/16 For Sale $259,900 0.0% $109 / Sq Ft
11/29/2016 11/29/16 Pending -- -- --
10/28/2016 10/28/16 For Sale $259,900 -- $109 / 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 $6,444 $561,300 $137,900 $423,400
2024 $6,718 $564,100 $140,700 $423,400
2023 $6,314 $508,400 $117,800 $390,600
2022 $5,704 $449,500 $107,100 $342,400
2021 $5,332 $396,100 $93,100 $303,000
2020 $5,116 $382,900 $93,100 $289,800
2019 $4,889 $348,200 $81,200 $267,000
2018 $4,861 $337,800 $77,300 $260,500
2017 $3,579 $239,900 $73,900 $166,000
2016 $3,479 $229,500 $63,500 $166,000
2015 $3,223 $208,200 $63,500 $144,700
2013 $3,056 $203,600 $80,700 $122,900
Source: Public Records

Agents Affiliated with this Home

  • Spiro Skinsacos

    Seller's Agent in 2017

    Spiro Skinsacos

    LAER Realty Partners

    (844) 687-5237

    2 in this area

    25 Total Sales

    Spiro Skinsacos
    Section Image

  • R

    Seller's Agent in 2017

    Rachael Macomber

    Curtis & Colletta Realty Associates

    (508) 567-2973

    3 Total Sales

    Rachael Macomber
    Section Image
  • Jason Goldfarb

    Buyer's Agent in 2017

    Jason Goldfarb

    United Brokers

    (978) 406-9778

    71 Total Sales

    Jason Goldfarb
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72161668

MLS Property Information Network (MLS PIN)

APN: LOWE-000218-001950-000480

Massachusetts Middlesex County Lowell 01852 Belvidere

480 E Merrimack St, Lowell, MA

Not Listed for Sale

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