NOT LISTED FOR SALE

Estimated Value: $716,253 - $829,000

8 Beds
3 Baths
3,119 Sq Ft
$247/Sq Ft Est. Value

Last Sold February 26, 2021

Last sale price $560,000 $180 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $4,802/month

9 Days on Market

About This Home

As of February 2021

Cash Cow and very well maintained 2 family in one of Lowell's most desirable locations. If you're looking for a turnkey opportunity to make money as a landlord, this one is it. Currently this 2 family is rented out to solid tenants at top rents. The bathrooms and kitchens are updated and the home is well maintained and spacious with 3 levels of living space and plenty of off street parking. Seller would prefer to sell the home with the tenants in place but All options are open.

Last Agent to Sell the Property

Bob Ciccarelli

Ciccarelli Homes Listed on: 01/19/2021

Last Buyer's Agent

Mei Zhou

Coldwell Banker Realty - Andovers/Readings Regional

Coldwell Banker Realty - Andovers/Readings Regional

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,343

Year Built

  • Built in 1930

Lot Details

  • 4,792

Outdoor Features

  • Porch

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:82 B:2090 L:56

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,343

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 1.50
  • Insc: 190
  • Year Built Description: Actual
  • List Price Per Sq Ft: 168.00
  • Comp Based On: Net Sale Price
  • Year Built: 1930
  • Lead Paint: Certified Treated
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1930

Interior Features

  • Total Flrs: 3
  • No Bedrooms: 8
  • Total Brs: 8
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 14
  • Basement: Y
  • Basement Features: Full, Concrete Floor
  • Main Lo: G95171
  • Main So: AN6181
  • Estimated Sq Ft: 3119.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 3/10 to 1/2 Mile
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Porch
  • Foundation: Fieldstone

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 5

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric: 37
  • Electric Features: Circuit Breakers, 100 Amps
  • Heat Zones: 1
  • Utility Connections: for Gas Range

Condo/Co-op/Association

  • Amenities: Public Transportation

Lot Info

  • Assessments: 381300.00
  • Acre: 0.11
  • Lot Size: 4992.00
  • Page: 181
  • Parcel Number: M:82 B:2090 L:56
  • Zoning: TTF
  • Lot Description: Paved Drive

Green Features

  • Energy Features: Insulated Windows

Multi Family

  • APOD Available: Yes
  • Heat Units: 2
  • Total Levels: 3
  • Total Rms: 14
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 5094.00
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2021
Closed on
Feb 25, 2021
Sold by
Alpha Equity Capital Llc
Bought by
Chun Rithy and Chun Sreymom
Seller's Agent
Bob Ciccarelli
Ciccarelli Homes
Buyer's Agent
Mei Zhou
Coldwell Banker Realty - Andovers/Readings Regional
List Price
$524,000
Sold Price
$560,000
Premium/Discount to List
$36,000
6.87%
Current Estimated Value
$769,063

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$209,063
Avg. Annual Appreciation
6.59%
Original Mortgage
$420,000
Outstanding Balance
$377,355
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$368,455

Purchase Details

Closed on
Jul 25, 2013
Sold by
Vora Mamta
Bought by
Alpha Equity Capital L

Purchase Details

Listed on
Jul 11, 2012
Closed on
Oct 5, 2012
Sold by
Fnma
Bought by
Vora Mamta
Seller's Agent
Mary Koontz-Daher
Weichert Realtors' Daher Companies
Buyer's Agent
Neraj Tuli
Keller Williams Realty-Merrimack
List Price
$214,900
Sold Price
$192,500
Premium/Discount to List
-$22,400
-10.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.08%
Original Mortgage
$219,400
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2005
Sold by
Sparks Wendy
Bought by
See Lor Wong and Kammavongsa Phouthone

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Interest Rate
5.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 31, 1995
Sold by
Est Ledoux Emma P and Hotte Denise
Bought by
Sparks Wendy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,550
Interest Rate
7.56%
Mortgage Type
Purchase Money Mortgage
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
Chun Rithy $560,000 None Available
Alpha Equity Capital L -- --
Alpha Equity Capital L -- --
Vora Mamta $192,500 --
See Lor Wong $360,000 --
See Lor Wong $360,000 --
See Lor Wong $360,000 --
Sparks Wendy $86,900 --
Sparks Wendy $86,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chun Rithy $420,000
Closed Chun Rithy $420,000
Previous Owner Vora Mamta $219,400
Previous Owner See Lor Wong $17,849
Previous Owner See Lor Wong $306,000
Previous Owner Sparks Wendy $150,000
Previous Owner Sparks Wendy $82,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2021 02/26/21 Sold $560,000 +6.9% $180 / Sq Ft
01/28/2021 01/28/21 Pending -- -- --
01/19/2021 01/19/21 For Sale $524,000 +172.2% $168 / Sq Ft
10/05/2012 10/05/12 Sold $192,500 -10.4% $62 / Sq Ft
09/05/2012 09/05/12 Pending -- -- --
07/11/2012 07/11/12 For Sale $214,900 -- $69 / 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 $7,343 $639,600 $134,400 $505,200
2024 $6,609 $554,900 $108,400 $446,500
2023 $6,085 $489,900 $88,500 $401,400
2022 $5,601 $441,400 $78,400 $363,000
2021 $5,197 $386,100 $68,200 $317,900
2020 $5,094 $381,300 $88,200 $293,100
2019 $4,612 $328,500 $77,400 $251,100
2018 $3,708 $298,700 $73,800 $224,900
2017 $3,717 $249,100 $67,000 $182,100
2016 $3,751 $247,400 $65,300 $182,100
2015 $3,426 $221,300 $62,500 $158,800
2013 $3,064 $204,100 $69,000 $135,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72776493

MLS Property Information Network (MLS PIN)

APN: LOWE-000082-002090-000056