C
Seller's Agent in 2024
Candor Realty Group
Four Points Real Estate, LLC
(978) 710-5616
1 in this area
375 Total Sales
487 E Merrimack St Lowell, MA 01852
Belvidere Neighborhood
5
Beds
2
Baths
1,989
Sq Ft
0.27
Acres
Highlights
- Deck
- Jogging Path
- Living Room
- Property is near public transit
- Storm Windows
- Vinyl Flooring
About This Home
As of November 2024This stunning 2 Family property features a 3-bed, 1-bath unit and a 2-bed, 1-bath unit, offering great potential for house hackers or investors. Located close to walking trails, the T-station, the university, and schools, this property is ideal for those looking to live in one unit while renting out the other, or for maximizing rental income. With its prime location and versatile layout, this property is a must-see! Buyer/Buyer agent to do own due diligence. Listing agency has vested interest. Seller has never occupied the property. Open Houses on Saturday 9/7 12 PM -2 PM & Sunday 9/8 10AM -12PM
Last Agent to Sell the Property
Four Points Real Estate, LLC Listed on: 09/03/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,654
Year Built
- Built in 1960
Lot Details
- 0.27 Acre Lot
- Steep Slope
Home Design
- Frame Construction
- Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- 1,989 Sq Ft Home
- Property has 2 Levels
- Living Room
- Vinyl Flooring
- Partially Finished Basement
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
Home Security
- Storm Windows
- Storm Doors
Parking
- 4 Car Parking Spaces
- Off-Street Parking
Outdoor Features
- Deck
Location
- Property is near public transit
- Property is near schools
Listing and Financial Details
- Total Actual Rent $1,600
- Assessor Parcel Number M:218 B:1950 L:487
Community Details
Recreation
- Jogging Path
Additional Features
- 2 Units
- Net Operating Income $16,800
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 30, 1996
Sold by
Dwulet Chester and Desmet Louis
Bought by
Jones Philip J and Pelchat David
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,650
Interest Rate
7.81%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $104,900 | -- | |
| Deed | $104,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $608,770 | FHA | |
| Closed | $608,770 | FHA | |
| Closed | $400,000 | Construction | |
| Closed | $155,000 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $45,000 | No Value Available | |
| Closed | $99,650 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/12/2024 11/12/24 | Sold | $620,000 | +3.3% | $312 / Sq Ft |
| 09/19/2024 09/19/24 | Pending | -- | -- | -- |
| 09/03/2024 09/03/24 | For Sale | $599,999 | -- | $302 / 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 | $5,847 | $509,300 | $177,800 | $331,500 |
| 2024 | $5,654 | $474,700 | $181,400 | $293,300 |
| 2023 | $5,162 | $415,600 | $151,800 | $263,800 |
| 2022 | $4,780 | $376,700 | $138,000 | $238,700 |
| 2021 | $4,431 | $329,200 | $120,100 | $209,100 |
| 2020 | $4,180 | $312,900 | $120,100 | $192,800 |
| 2019 | $3,969 | $282,700 | $104,700 | $178,000 |
| 2018 | $3,730 | $259,200 | $99,700 | $159,500 |
| 2017 | $3,594 | $240,900 | $95,300 | $145,600 |
| 2016 | $3,582 | $236,300 | $81,900 | $154,400 |
| 2015 | $3,355 | $216,700 | $81,900 | $134,800 |
| 2013 | $3,250 | $216,500 | $104,100 | $112,400 |
Source: Public Records
Agents Affiliated with this Home
-
Candor Realty Group
-
Linda Jimenez
L
Seller Co-Listing Agent in 2024
Linda Jimenez
Four Points Real Estate, LLC
1 in this area
3 Total Sales
-
Andres Cruz
Buyer's Agent in 2024
Andres Cruz
Lamacchia Realty, Inc.
(281) 684-8739
1 in this area
7 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73284158
APN: LOWE-000218-001950-000487
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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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