Seller's Agent in 2021
Harry Silverstein
Keller Williams Realty Boston Northwest
(617) 440-1744
1 in this area
76 Total Sales
50 Ware St Lowell, MA 01851
Lower Highlands NeighborhoodEstimated Value: $876,000 - $951,000
9
Beds
3
Baths
5,507
Sq Ft
$167/Sq Ft
Est. Value
Highlights
- Property is near public transit
- Laundry Room
- Heating Available
- Wood Flooring
- Level Lot
- 4-minute walk to Armory Park
About This Home
As of August 2021Real Estate Investors and House Hackers alike take note! This massive, updated triple-decker near the intersection of Chelmsford and Westford Sts is like your own personal cash machine. It features three huge floor-through apartments in excellent condition, including a just-updated unit with new paint, flooring, appliances and cabinets. A private yard provides room for grilling and outdoor enjoyment. The building’s monthly rent potential is estimated at $6,000+, and Lowell’s recent strong price appreciation may provide an extra boost to your investment. Sit back and collect rent checks, or let your tenants cover the majority of your monthly living costs - it’s up to you!
Last Agent to Sell the Property
Keller Williams Realty Boston Northwest Listed on: 07/14/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,809
Year Built
- Built in 1880
Lot Details
- 3,049 Sq Ft Lot
- Level Lot
Home Design
- 5,507 Sq Ft Home
- Stone Foundation
- Frame Construction
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 9 Bedrooms
- 3 Full Bathrooms
Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Block Basement Construction
Parking
- Driveway
- On-Street Parking
- Open Parking
- Assigned Parking
Utilities
- No Cooling
- 3 Heating Zones
- Heating Available
- Separate Meters
- Natural Gas Connected
- Gas Water Heater
Additional Features
- Laundry Room
- Property is near public transit
Listing and Financial Details
- Total Actual Rent $3,280
- Assessor Parcel Number M:142 B:6125 L:50
Community Details
Overview
- 3 Units
- Property has 1 Level
Building Details
- Net Operating Income $39,360
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 3, 2022
Sold by
Chopra Raman and Chopra Vanita
Bought by
50-52 Ware Street Rt and Chopra
Current Estimated Value
Purchase Details
Listed on
Jul 14, 2021
Closed on
Aug 31, 2021
Sold by
Griffin Dana M and Griffin Craig M
Bought by
Chopra Ramon and Chopra Vanita
Seller's Agent
Harry Silverstein
Keller Williams Realty Boston Northwest
Buyer's Agent
Jesse Malzone
Silver Key Homes Realty
List Price
$685,000
Sold Price
$715,000
Premium/Discount to List
$30,000
4.38%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.92%
Original Mortgage
$536,250
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 21, 2007
Sold by
Griffin Craig M
Bought by
Griffin Craig M and Griffin Dana M
Purchase Details
Closed on
Oct 6, 2006
Sold by
Carrick Matthew
Bought by
Griffin Craig M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$409,806
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 30, 2004
Sold by
Secchiaroli Arnaldo
Bought by
Carrick Matthew
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$369,206
Interest Rate
5.73%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 11, 2004
Sold by
Mcmahon Edward P
Bought by
Secchiaroli Arnaldo
Purchase Details
Closed on
Apr 17, 2002
Sold by
Amaral Mario L
Bought by
Mcmahon Edward P
Purchase Details
Closed on
Mar 1, 1994
Sold by
Cottage Funding Corp
Bought by
Amaral Mario L
Purchase Details
Closed on
Feb 19, 1993
Sold by
Chea Vachirin D
Bought by
Cottage Funding Corp
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 50-52 Ware Street Rt | -- | None Available | |
| 50-52 Ware Street Rt | -- | None Available | |
| Chopra Ramon | $715,000 | None Available | |
| Griffin Craig M | -- | -- | |
| Griffin Craig M | -- | -- | |
| Griffin Craig M | $425,000 | -- | |
| Griffin Craig M | $425,000 | -- | |
| Carrick Matthew | $375,000 | -- | |
| Carrick Matthew | $375,000 | -- | |
| Secchiaroli Arnaldo | $207,000 | -- | |
| Secchiaroli Arnaldo | $207,000 | -- | |
| Mcmahon Edward P | $168,000 | -- | |
| Amaral Mario L | $9,700 | -- | |
| Amaral Mario L | $9,700 | -- | |
| Cottage Funding Corp | $65,800 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Chopra Ramon | $536,250 | |
| Previous Owner | Griffin Craig M | $409,806 | |
| Previous Owner | Carrick Matthew | $369,206 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/31/2021 08/31/21 | Sold | $715,000 | +4.4% | $130 / Sq Ft |
| 07/24/2021 07/24/21 | Pending | -- | -- | -- |
| 07/14/2021 07/14/21 | For Sale | $685,000 | -- | $124 / 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 | $9,255 | $806,200 | $106,900 | $699,300 |
| 2024 | $8,811 | $739,800 | $99,900 | $639,900 |
| 2023 | $8,678 | $698,700 | $86,900 | $611,800 |
| 2022 | $7,922 | $624,300 | $68,700 | $555,600 |
| 2021 | $6,809 | $505,900 | $59,700 | $446,200 |
| 2020 | $6,216 | $465,300 | $59,700 | $405,600 |
| 2019 | $6,053 | $431,100 | $56,800 | $374,300 |
| 2018 | $5,370 | $381,500 | $54,100 | $327,400 |
| 2017 | $5,247 | $351,700 | $52,400 | $299,300 |
| 2016 | $4,766 | $314,400 | $48,700 | $265,700 |
| 2015 | $4,488 | $289,900 | $48,700 | $241,200 |
| 2013 | $3,814 | $254,100 | $58,400 | $195,700 |
Source: Public Records
Agents Affiliated with this Home
-
Harry Silverstein
-
Jesse Malzone
Buyer's Agent in 2021
Jesse Malzone
Silver Key Homes Realty
(339) 203-0482
1 in this area
24 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72865765
APN: LOWE-000142-006125-000050
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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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