NOT LISTED FOR SALE
8 Beds
4 Baths
3,312 Sq Ft
10,454 Sq Ft Lot

Sale Details

Date Sold: November 3, 2021

Last sale price $735,000 $222 Per Sq Ft

5 Days on Market

About This Home

As of November 2021

Opportunities like this don't happen very often! 61 Stavely Street is offered for the first time ever! This original owner Four unit in Lowell features Townhouse style living, each with two bedrooms, one full bath, living room, kitchen and full basements for plenty of storage. Gas heat, most units with hardwood and tile flooring. Great outdoor common space for gardening, patios and barbecues. Located close to 495, shopping and downtown Lowell. Plenty of parking on both sides of the units. This building has been well maintained and is perfect for a smart investor or owner occupant. All rents are well below market value, property is to be sold as-is and property WILL NOT be delivered vacant. All units tenant at will. Can not guarantee access to all the units at the open houses. SHOWINGS ONLY THURSDAY 9/16 4-6 PM AND SATURDAY 9/18 11-1 PM at the open houses. Offer deadline is Monday 9/20 at noon.

Last Agent to Sell the Property

The Nancy Dowling Team

Listed on: 09/15/2021

Last Buyer's Agent

Candor Realty Group

Four Points Real Estate, LLC

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Property Details

Home Type

  • Multi-Family

Year Built

  • 1968

Lot Details

  • 10,454

Interior Spaces

  • Property has 2 Levels

Property Details

Home Type

Multi-Family

Year Built

1968

Lot Details

10,454 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • Directions: Woburn to Stavely
  • Garage Yn: No
  • Road Frontage Type: Public
  • Year Built Details: Actual
  • Special Features: None
  • Year Built: 1968

Interior Features

  • Appliances: Unit 1(Range), Unit 2(Range), Unit 3(Range), Unit 4(Range), Utility Connections for Gas Range
  • Has Basement: Full, Sump Pump, Unfinished
  • MAIN LO: AN4643
  • MAIN SO: AN5498
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Fireplace: No
  • Flooring: Wood,Tile,Vinyl,Carpet
  • Stories: 8

Exterior Features

  • Roof: Shingle
  • Exterior Features: Garden
  • Foundation Details: Concrete Perimeter
  • Construction Type: Frame
  • Disclosures: All Rents Are Well Below Market Value, Property Is To Be Sold As-Is And Property Will Not Be Delivered Vacant. Buyer And/Or Their Agents To Perform All Due Diligence.
  • Lot Features: Wooded
  • Patio And Porch Features: Patio
  • Waterfront: No

Garage/Parking

  • Parking Features: Paved Drive, Shared Driveway, Off Street
  • Open Parking: Yes
  • Total Parking Spaces: 8

Utilities

  • Heating: Unit 1(Forced Air,Gas), Unit 2(Forced Air,Gas), Unit 3(Forced Air,Gas), Unit 4(Forced Air,Gas)
  • Electric: Circuit Breakers
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Golf, Medical Facility, Laundromat, Highway Access, Public School, T-Station

Fee Information

  • Annual Water Sewer Expense: 2252

Lot Info

  • LOT SIZE: 10284
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 10454.4
  • Zoning: M1001

Multi Family

  • LEVELS 1: 2
  • LEVELS 4: 2
  • LEVELS 3: 2
  • LEASE 4: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 1
  • Annual Gross Income: 41400
  • Insurance Expense: 3914
  • Property Net Operating Income: 34919
  • Number Of Units Total: 4
  • Annual Operating Expense: 6166
  • Total Actual Rent: 3450

Tax Info

  • Tax Annual Amount: 7492.99
  • Tax Book Number: 1925
  • Tax Year: 2020

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2021
Closed on
Nov 2, 2021
Sold by
Bought by
Seller's Agent
The Nancy Dowling Team
Buyer's Agent
Candor Realty Group
Four Points Real Estate, LLC
List Price
$684,900
Sold Price
$735,000
Premium/Discount to List
$50,100
7.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$706,959
Outstanding Balance
$632,833
Interest Rate
2.88%
Mortgage Type
FHA
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$735,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $706,959
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/03/2021 11/03/21 Sold $735,000 +7.3% $222 / Sq Ft
09/21/2021 09/21/21 Pending -- -- --
09/15/2021 09/15/21 For Sale $684,900 -- $207 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $8,711 $758,800 $182,800 $576,000
2024 $9,003 $755,900 $170,900 $585,000
2023 $9,111 $733,600 $148,600 $585,000
2022 $8,016 $631,700 $135,100 $496,600
2021 $7,473 $555,200 $117,500 $437,700
2020 $7,340 $549,400 $111,700 $437,700
2019 $6,128 $436,500 $103,500 $333,000
2018 $5,351 $411,900 $98,500 $313,400
2017 $5,329 $357,200 $89,600 $267,600
2016 $5,244 $345,900 $78,300 $267,600
2015 $4,695 $303,300 $78,300 $225,000
2013 $4,359 $290,400 $87,400 $203,000
Source: Public Records

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72894994

MLS Property Information Network (MLS PIN)
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