NOT LISTED FOR SALE

55 Read St Lowell, MA 01850

Centralville Neighborhood

Estimated Value: $461,571 - $527,000

2 Beds
2 Baths
2,044 Sq Ft
$245/Sq Ft Est. Value

Last Sold September 21, 2012

Last sale price $112,500 $55 Per Sq Ft

Est. 346% increase in value since last sale

Current estimated payment $3,231/month

63 Days on Market

About This Home

As of September 2012

SELLER REQUESTS HIGHEST AND BEST OFFERS BY MONDAY JUNE 25, 2012 8:00AM. Two family with a detached one car garage on Christian Hill. Priced to sell. Needs some TLC on the second floor. Property to be sold in as is condition. Please allow 3 to 5 business days for responses for all offers.

Last Listed By

Dan O'Connell

LAER Realty Partners Listed on: 06/20/2012

LAER Realty Partners

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,075

Year Built

1900

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Other Agent: 2.50
  • Special Features: 20
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 9
  • Electric: Circuit Breakers, 100 Amps
  • Energy: Insulated Windows
  • Flooring: Wood, Vinyl, Wall to Wall Carpet
  • Basement: Full

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles, Rubber
  • Construction: Frame
  • Exterior: Vinyl
  • Foundation: Fieldstone

Garage/Parking

  • Garage Spaces: 1
  • Parking: Off-Street
  • Parking Spaces: 2

Utilities

  • Hot Water: Natural Gas, Tank

Lot Info

  • Assessor Parcel Number: M:000197 T:B13980

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2012
Closed on
Sep 21, 2012
Sold by
Jp Morgan Chase Bank N
Bought by
Ferrazzani Kurt M
Seller's Agent
Dan O'Connell
LAER Realty Partners
Buyer's Agent
Steven Mirabella
Rock Hill Realty
List Price
$84,150
Sold Price
$112,500
Premium/Discount to List
$28,350
33.69%
Total Days on Market
63
Current Estimated Value
$501,643

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$389,143
Avg. Annual Appreciation
12.55%

Purchase Details

Closed on
Oct 10, 2003
Sold by
Cordiero Joanne L
Bought by
Cordiero Devin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,200
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 12, 1996
Sold by
Pelletier Deborah A
Bought by
Cordeiro Joanne L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,200
Interest Rate
8.18%
Mortgage Type
Purchase Money Mortgage

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
Ferrazzani Kurt M $112,500 --
Cordiero Devin $229,000 --
Cordiero Devin $229,000 --
Cordeiro Joanne L $76,000 --
Cordeiro Joanne L $76,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cordeiro Devin $15,000
Previous Owner Cordiero Devin $183,200
Previous Owner Cordeiro Joanne L $75,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2012 09/21/12 Sold $112,500 +33.7% $55 / Sq Ft
08/22/2012 08/22/12 Pending -- -- --
06/20/2012 06/20/12 For Sale $84,150 -- $41 / 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 $5,075 $442,100 $113,700 $328,400
2024 $4,587 $385,100 $94,500 $290,600
2023 $4,268 $343,600 $82,100 $261,500
2022 $3,835 $302,200 $65,400 $236,800
2021 $3,560 $264,500 $56,800 $207,700
2020 $3,320 $248,500 $56,800 $191,700
2019 $3,125 $222,600 $48,900 $173,700
2018 $2,911 $202,300 $46,500 $155,800
2017 $2,627 $176,100 $39,000 $137,100
2016 $2,698 $178,000 $40,900 $137,100
2015 $2,511 $162,200 $42,100 $120,100
2013 $2,303 $153,400 $50,700 $102,700
Source: Public Records

Agents Affiliated with this Home

  • Dan O'Connell

    Seller's Agent in 2012

    Dan O'Connell

    Laer Realty

    (978) 423-2578

    8 in this area

    342 Total Sales

    Dan O'Connell
    Section Image

  • S

    Buyer's Agent in 2012

    Steven Mirabella

    Rock Hill Realty

See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71399583

MLS Property Information Network (MLS PIN)

APN: LOWE-000197-004870-000055

Massachusetts Middlesex County Lowell 01850 Centralville

55 Read St, Lowell, MA

Homes for Sale in Lowell, MA

This home is located at 55 Read St, Lowell, MA 01850 since 20 June 2012 and is currently estimated at $501,643, approximately $245 per square foot. This property was built in 1900. 55 Read St is a home located in Middlesex County with nearby schools including Greenhalge Elementary School, S. Christa McAuliffe Elementary School, and Moody Elementary School.

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