NOT LISTED FOR SALE

Estimated Value: $555,983 - $631,000

6 Beds
4 Baths
2,300 Sq Ft
$263/Sq Ft Est. Value

Last Sold December 05, 2014

Last sale price $289,900 $126 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $3,625/month

124 Days on Market

About This Home

As of December 2014

New construction to be started week of July 14, 2014. Energy Star rated duplex with identical units in the Rivers Edge subdivision. One side must be owner occupied and the other side is deed restricted to a Section 8 tenant. The current rental income is $1,230, so at current interest rates these units are very affordable new construction. The units are new construction so the assessment has not yet been set. FY 2014 Lowell's taxes are $15.01 per $1,000. There is an income restriction for the buyer who cannot earn more than 110% of the median income by family size, as detailed on the attachment. This is the only duplex currently available for sale from the developer.

Last Agent to Sell the Property

Dennis Conners

Dennis G. Conners & Associates Listed on: 07/04/2014

Last Buyer's Agent

Dennis Conners

Dennis G. Conners & Associates Listed on: 07/04/2014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,877

Year Built

2014

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Other Agent: 1.00
  • Special Features: NewHome
  • Property Sub Type: MultiFamily
  • Year Built: 2014

Interior Features

  • Has Basement: No
  • Number of Rooms: 12
  • Amenities: Public Transportation, Highway Access, Public School
  • Electric: 100 Amps
  • Energy: Insulated Windows, Insulated Doors
  • Flooring: Vinyl, Wall to Wall Carpet

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Frontage: 74.00
  • Construction: Frame
  • Exterior: Vinyl
  • Exterior Features: Patio
  • Foundation: Slab

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 4

Utilities

  • Heat Zones: 2
  • Hot Water: Electric
  • Utility Connections: for Gas Range

Schools

  • High School: Lowell High Sch

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 4, 2014
Closed on
Dec 4, 2014
Sold by
Reinvention Dev Corp
Bought by
Correa Juan D
Seller's Agent
Dennis Conners
Dennis G. Conners & Associates
Buyer's Agent
Dennis Conners
Dennis G. Conners & Associates
List Price
$289,900
Sold Price
$289,900
Current Estimated Value
$604,746

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$314,846
Avg. Annual Appreciation
7.01%
Original Mortgage
$274,900
Outstanding Balance
$213,879
Interest Rate
3.93%
Mortgage Type
New Conventional
Estimated Equity
$390,867
Source: Public Records

Range of Values:

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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
Correa Juan D $289,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Correa Juan D $274,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/05/2014 12/05/14 Sold $289,900 0.0% $126 / Sq Ft
11/05/2014 11/05/14 Pending -- -- --
07/04/2014 07/04/14 For Sale $289,900 -- $126 / 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 $4,877 $424,800 $148,300 $276,500
2024 $5,040 $423,200 $138,600 $284,600
2023 $5,021 $404,300 $120,500 $283,800
2022 $4,629 $360,900 $109,600 $251,300
2021 $4,629 $343,900 $95,300 $248,600
2020 $3,873 $289,900 $90,600 $199,300
2019 $4,070 $289,900 $83,900 $206,000
2018 $5,013 $289,900 $80,000 $209,900
2017 $4,325 $289,900 $72,700 $217,200
2016 $4,395 $289,900 $63,500 $226,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71708741

MLS Property Information Network (MLS PIN)

APN: LOWE-000209-002011-000051