NOT LISTED FOR SALE

Estimated Value: $488,577 - $542,000

5 Beds
2 Baths
2,116 Sq Ft
$240/Sq Ft Est. Value

Last Sold October 27, 2021

Last sale price $390,000 $184 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $3,277/month

20 Days on Market

Highlights

  • Medical Services
  • Wood Flooring
  • Park
  • Property is near public transit
  • Porch
  • Shops

About This Home

As of October 2021

Don't miss out on this two family property under $400,000.! This property has it all with a yard, parking, lead certificates, and ample storage space. The front unit features two floors of living space with three bedrooms, an eat in kitchen and large living area. The back unit features two bedrooms, eat-in kitchen and living room. This property is conveniently located close to downtown, shopping, restaurants, commuter rail, UMass Lowell, and major highways. Off street parking for three cars in the driveway and two additional permitted spots out front. This unit is ideal for the owner occupant or investor. Schedule your showing today or stop by and see it this Sunday, August 22nd from 12:00 - 2:00 PM at the open house.

Last Listed By

Timothy Crowe

Z. R. Rourke Real Estate Listed on: 08/19/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,600

Year Built

  • Built in 1900

Lot Details

  • 3,485 Sq Ft Lot
  • Fenced
  • Level Lot

Home Design

  • Block Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,116 Sq Ft Home
  • Property has 2 Levels
  • Washer Hookup

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 3 Car Parking Spaces
  • Driveway
  • Paved Parking
  • On-Street Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Bulkhead
  • Outdoor Storage
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Hj Robinson Middle School
  • Lowell High School

Utilities

  • No Cooling
  • Heating Available
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $2,550
  • Rent includes unit 1(water), unit 2(water)
  • Assessor Parcel Number 3192533

Community Details

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Park

Additional Features

  • 2 Units
  • Net Operating Income $30,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,600

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1900
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Sub Agent Compensation: 0
  • Sub Agency Type: %
  • Transaction Broker: 0
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: Yes
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood,Tile,Vinyl
  • Interior Amenities: Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator), Gas Water Heater, Utility Connections for Electric Range
  • Total Bedrooms: 5
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Laundry Features: Washer Hookup
  • Basement: Full, Bulkhead, Concrete
  • Living Area: 2116
  • Stories Total: 3
  • MAIN LO: AN3069
  • LIST PRICE PER Sq Ft: 188.99
  • PRICE PER Sq Ft: 184.31
  • MAIN SO: G61700

Exterior Features

  • Exterior Features: Storage
  • Construction Materials: Frame
  • Fencing: Fenced/Enclosed
  • Foundation Details: Block
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, On Street, Paved
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, Washer Hookup
  • Cooling: Unit 1(None), Unit 2(None)
  • Heating: Unit 1(Gas), Unit 2(Gas)
  • Cooling Y N: No
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station, University, Sidewalks
  • Rent Includes: Unit 1(Water), Unit 2(Water)

Lot Info

  • Parcel Number: 3192533
  • Zoning: TTF
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.08
  • Lot Size Area: 0.08
  • Lot Size Sq Ft: 3484.8
  • Lot Size Units: Acres
  • LOT SIZE: 3457
  • PAGE: 186

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3600
  • Tax Book Number: 27566

Multi Family

  • Gross Income: 30600
  • Net Operating Income: 30600
  • Number Of Units Total: 2
  • Total Actual Rent: 2550
  • LEVELS 1: 2
  • LEVELS 2: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 1

MLS Schools

  • High School: Lowell High
  • Middle Or Junior School: Hj Robinson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2021
Closed on
Oct 27, 2021
Sold by
Carpenter Michael K
Bought by
Rodriguez Yanely C
Seller's Agent
Timothy Crowe
Z. R. Rourke Real Estate
Buyer's Agent
Yvonne Rosario
Compass
List Price
$399,900
Sold Price
$390,000
Premium/Discount to List
-$9,900
-2.48%
Total Days on Market
20
Current Estimated Value
$508,894

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,894
Avg. Annual Appreciation
7.47%
Original Mortgage
$378,000
Outstanding Balance
$349,158
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$155,149

Purchase Details

Closed on
Aug 7, 2013
Sold by
Bolton Karen M
Bought by
Carpenter Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jan 8, 2012
Closed on
Apr 20, 2012
Sold by
Fnma
Bought by
Bolton Karen M
Seller's Agent
Mary Koontz-Daher
Weichert Realtors' Daher Companies
Buyer's Agent
Amsi Morales Lopez
LAER Realty Partners
List Price
$134,900
Sold Price
$119,900
Premium/Discount to List
-$15,000
-11.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.59%

Purchase Details

Closed on
Nov 30, 2011
Sold by
Yarteh Marian and Everbank
Bought by
Federal National Mortgage Association

Range of Values:

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Average Value
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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
Rodriguez Yanely C $390,000 None Available
Carpenter Michael $150,000 --
Bolton Karen M $119,900 --
Federal National Mortgage Association $371,770 --
Federal National Mortgage Association $371,770 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriguez Yanely C $75,000
Open Rodriguez Yanely C $378,000
Closed Rodriguez Yanely C $6,376
Closed Rodriguez Yanely C $378,000
Previous Owner Carpenter Michael $120,000
Previous Owner Morin Carol A $38,500
Previous Owner Yarteh Marian $307,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2021 10/27/21 Sold $390,000 -2.5% $184 / Sq Ft
09/09/2021 09/09/21 Pending -- -- --
08/19/2021 08/19/21 For Sale $399,900 +233.5% $189 / Sq Ft
04/20/2012 04/20/12 Sold $119,900 -11.1% $62 / Sq Ft
03/21/2012 03/21/12 Pending -- -- --
01/08/2012 01/08/12 For Sale $134,900 -- $70 / 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 $5,152 $448,800 $116,200 $332,600
2024 $4,651 $390,500 $96,500 $294,000
2023 $4,326 $348,300 $84,000 $264,300
2022 $3,882 $305,900 $66,800 $239,100
2021 $3,601 $267,500 $58,100 $209,400
2020 $3,356 $251,200 $58,100 $193,100
2019 $3,139 $223,600 $49,900 $173,700
2018 $2,695 $203,200 $47,600 $155,600
2017 $2,714 $181,900 $39,900 $142,000
2016 $2,786 $183,800 $41,800 $142,000
2015 $2,585 $167,000 $43,100 $123,900
2013 $2,334 $155,500 $51,800 $103,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72883734

MLS Property Information Network (MLS PIN)

APN: LOWE-000197-002410-000059