S
Seller's Agent in 2021
Salihu Mohammed
Dick Lepine Real Estate,Inc.
(978) 937-4044
2 in this area
33 Total Sales
7 Nelson Ave Lowell, MA 01852
Sacred Heart Neighborhood
9
Beds
4.5
Baths
4,150
Sq Ft
0.25
Acre Lot
Highlights
- 0.25 Acre Lot
- Deck
- Corner Lot
About This Home
As of November 2021Super clean! Super maintained!! Don't miss out on this large four (4) family in the South Lowell area, sitting comfortably on a fantastic large level lot. It consists of 4 spacious apartments - there is a 4 bdrm unit, two 2 bdrm units, and one 1 bdrm unit and a total of 4.5 baths. Completely separate utilities, separate work / storage area and laundry hookups in some of the units. Newer 6yr old roof, electrical and some plumbing. New back / front deck and stairways. Fully rented with long time tenants who are willing to stay. Rents below market. Exceptionally large fenced in backyard and paved off street parking area to accommodate up to nine (9) cars. Property is located close to : shopping, T-Station, cinema, restaurants and easy access to the highway : Rt 3, Rt 93 & Rt 495. Letters of LEAD COMPLIANCE issued for the units. Great owner occupied or for investment. Masks required - follow Covid guidelines.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,139
Year Built
- Built in 1940
Lot Details
- 10,890 Sq Ft Lot
- Corner Lot
- Irregular Lot
Home Design
- 4,150 Sq Ft Home
- Stone Foundation
- Frame Construction
- Shingle Roof
Bedrooms and Bathrooms
- 9 Bedrooms
Parking
- 9 Car Parking Spaces
- Paved Parking
- Open Parking
- Off-Street Parking
Outdoor Features
- Deck
Utilities
- 4 Heating Zones
- Separate Meters
- Gas Water Heater
Listing and Financial Details
- Total Actual Rent $4,550
- Assessor Parcel Number 3193872
Community Details
Overview
- 4 Units
- Property has 1 Level
Building Details
- Net Operating Income $43,800
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 8, 2021
Closed on
Nov 5, 2021
Sold by
Bought by
Seller's Agent
Salihu Mohammed
Dick Lepine Real Estate,Inc.
Buyer's Agent
Albert Silva
Invest Realty Group
List Price
$719,000
Sold Price
$750,000
Premium/Discount to List
$31,000
4.31%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,500
Interest Rate
0.0288%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 25, 2021
Sold by
Bought by
Purchase Details
Closed on
Oct 14, 2020
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
0.028%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Sep 11, 2007
Sold by
Bought by
Purchase Details
Closed on
Dec 22, 2004
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
0.0574%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 1, 1994
Sold by
Bought by
Purchase Details
Closed on
Sep 24, 1987
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| $750,000 | None Available | ||
| -- | None Available | ||
| -- | None Available | ||
| $370,000 | -- | ||
| -- | -- | ||
| $201,950 | -- | ||
| $325,000 | -- |
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 | $562,500 | ||
| Previous Owner | $275,000 | ||
| Previous Owner | $302,000 | ||
| Previous Owner | $320,000 | ||
| Closed | $320,000 | ||
| Closed | $220,000 | ||
| Previous Owner | $15,000 |
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 |
|---|---|---|---|---|
| 11/05/2021 11/05/21 | Sold | $750,000 | +4.3% | $181 / Sq Ft |
| 09/14/2021 09/14/21 | Pending | -- | -- | -- |
| 09/08/2021 09/08/21 | For Sale | $719,000 | -- | $173 / 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 | $8,751 | $762,300 | $183,900 | $578,400 |
| 2024 | $8,606 | $722,600 | $171,900 | $550,700 |
| 2023 | $8,696 | $700,200 | $149,500 | $550,700 |
| 2022 | $7,658 | $603,500 | $135,900 | $467,600 |
| 2021 | $7,139 | $530,400 | $118,200 | $412,200 |
| 2020 | $7,009 | $524,600 | $112,400 | $412,200 |
| 2019 | $5,866 | $417,800 | $104,100 | $313,700 |
| 2018 | $5,087 | $394,300 | $99,100 | $295,200 |
| 2017 | $5,107 | $342,300 | $90,100 | $252,200 |
| 2016 | $5,186 | $342,100 | $78,700 | $263,400 |
| 2015 | $4,307 | $278,200 | $78,700 | $199,500 |
| 2013 | $4,041 | $269,200 | $87,900 | $181,300 |
Source: Public Records
Agents Affiliated with this Home
-
Salihu Mohammed
-
Albert Silva
Buyer's Agent in 2021
Albert Silva
Invest Realty Group
(617) 306-0134
4 in this area
114 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72891337
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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