508 Lakeview Ave Lowell, MA 01850
Centralville NeighborhoodEstimated payment $3,498/month
Highlights
- Popular Property
- Deck
- Solid Surface Countertops
- Waterfront
- Attic
- Bathtub
About This Home
Situated in Lowell’s Centralville neighborhood on Lakeview Ave, this 2-family property offers convenient access to everyday essentials. Located just down the street from CVS and Chase Bank, and about 10 minutes to Market Basket on Bridge Street or Hannaford toward Dracut. Unit 1 offers 2 bedrooms, 1 full bathroom, and a spacious living area that flows comfortably into the kitchen. Unit 2 spans two levels with a spiral staircase, featuring a primary bedroom on the main level with two additional bedrooms upstairs, along with a half bath. The heating system for Unit 2 was recently installed by local company New Era Plumbing & HVAC. Parking includes one city-permitted space in front of the home, along with a paved tandem driveway on the side accommodating two additional vehicles. Conveniently located near shopping, dining, and major commuter routes, offering practical access to daily amenities and surrounding communities. 3 minutes from Downtown Lowell and Middlesex Community College.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,914
Year Built
- Built in 1925
Lot Details
- 2,178 Sq Ft Lot
- Waterfront
Home Design
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 2,456 Sq Ft Home
- Property has 1 Level
- Ceiling Fan
- Living Room
- Dining Room
- Tile Flooring
- Washer and Electric Dryer Hookup
- Attic
Kitchen
- Range with Range Hood
- Dishwasher
- Solid Surface Countertops
Bedrooms and Bathrooms
- 5 Bedrooms
- Bathtub
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Block Basement Construction
Parking
- 2 Car Parking Spaces
- Tandem Parking
- Driveway
- 2 Open Parking Spaces
- Off-Street Parking
Outdoor Features
- Deck
Utilities
- Forced Air Heating System
- 2 Heating Zones
- 100 Amp Service
- Internet Available
Community Details
- 2 Units
- Net Operating Income $14,400
Listing and Financial Details
- Rent includes unit 1(water)
- Assessor Parcel Number M:156 B:3455 L:508
Map
Home Values in the Area
Average Home Value in this Area
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 | $5,914 | $515,200 | $108,400 | $406,800 |
| 2024 | $5,568 | $467,500 | $107,700 | $359,800 |
| 2023 | $5,183 | $417,300 | $93,600 | $323,700 |
| 2022 | $4,797 | $378,000 | $85,100 | $292,900 |
| 2021 | $4,453 | $330,800 | $74,000 | $256,800 |
| 2020 | $3,977 | $297,700 | $60,800 | $236,900 |
| 2019 | $3,639 | $259,200 | $48,900 | $210,300 |
| 2018 | $3,383 | $235,100 | $46,500 | $188,600 |
| 2017 | $2,844 | $190,600 | $36,400 | $154,200 |
| 2016 | $2,932 | $193,400 | $39,200 | $154,200 |
| 2015 | $2,694 | $174,000 | $39,200 | $134,800 |
| 2013 | $2,513 | $167,400 | $52,400 | $115,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/25/2026 03/25/26 | For Sale | $562,300 | -- | $229 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $270,000 | -- | |
| Quit Claim Deed | $270,000 | -- | |
| Deed | $196,400 | -- | |
| Deed | $196,400 | -- | |
| Deed | $196,400 | -- | |
| Deed | $79,900 | -- | |
| Deed | $79,900 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $216,000 | New Conventional | |
| Closed | $216,000 | New Conventional | |
| Previous Owner | $193,365 | Purchase Money Mortgage |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73491501
APN: LOWE-000156-003455-000508
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Ask me questions while you tour the home.