7 Willie St Lowell, MA 01854
Acre NeighborhoodEstimated Value: $608,765 - $771,000
6
Beds
2
Baths
3,148
Sq Ft
$226/Sq Ft
Est. Value
About This Home
As of July 2021Fantastic opportunity to own a solid two-family property within walking distance to both UMass Lowell North and South campuses. This sunny bright two-family property offers 3 separate structures – a two family home, 8 garages and an approximate 1800 sf two story carriage barn. Each unit in the home has a very large kitchen including a refrigerator, stove, and dishwasher, 3 bedrooms, living room, bathroom, washer and dryer. The 2nd floor unit has its own private 160 sf roof top deck. Plenty of off-street parking. The units are well maintained, have their own separate utilities as well as a 24-hour monitored security system. This rare investment opportunity is conveniently located within walking distance to downtown Lowell, minutes to the MBTA train station, and Lowell Connector. Come and check out all that this property has to offer. Buyer to assume 1st floor tenant the 2nd floor will be vacant on July 31st.
Last Agent to Sell the Property
George Terris
Dean C. Sarris Real Estate, Inc. License #456011239 Listed on: 04/28/2021
Last Buyer's Agent
Yu Tang
MyPlace Realty
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,467
Year Built
- Built in 1890
Lot Details
- 9,148
Parking
- 9 Car Garage
Flooring
- Wood
- Wall to Wall Carpet
- Tile
- Vinyl
Additional Features
- Deck
- Natural Gas Water Heater
- Basement
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 28, 2021
Closed on
Jul 22, 2021
Sold by
Vak Realty Llc
Bought by
Prak Varin
Seller's Agent
George Terris
Dean C. Sarris Real Estate, Inc.
Buyer's Agent
Yu Tang
MyPlace Realty
List Price
$569,000
Sold Price
$554,000
Premium/Discount to List
-$15,000
-2.64%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,441
Avg. Annual Appreciation
6.50%
Original Mortgage
$499,592
Outstanding Balance
$458,563
Interest Rate
2.96%
Mortgage Type
FHA
Estimated Equity
$250,115
Purchase Details
Closed on
Jul 17, 2015
Sold by
Krikoris Gregory
Bought by
Vak Realty Llc
Similar Homes in Lowell, MA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Prak Varin | $554,000 | None Available | |
| Vak Realty Llc | -- | -- | |
| Vak Realty Llc | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Prak Varin | $499,592 | |
| Closed | Prak Varin | $499,592 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/22/2021 07/22/21 | Sold | $554,000 | -2.6% | $176 / Sq Ft |
| 05/26/2021 05/26/21 | Pending | -- | -- | -- |
| 04/28/2021 04/28/21 | For Sale | $569,000 | -- | $181 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $7,467 | $650,400 | $117,900 | $532,500 |
| 2024 | $6,929 | $581,800 | $110,200 | $471,600 |
| 2023 | $6,467 | $520,700 | $95,800 | $424,900 |
| 2022 | $5,992 | $472,200 | $87,100 | $385,100 |
| 2021 | $5,574 | $414,100 | $75,800 | $338,300 |
| 2020 | $5,039 | $377,200 | $64,600 | $312,600 |
| 2019 | $4,553 | $324,300 | $57,100 | $267,200 |
| 2018 | $4,003 | $294,600 | $54,400 | $240,200 |
| 2017 | $4,019 | $269,400 | $49,400 | $220,000 |
| 2016 | $4,084 | $269,400 | $49,400 | $220,000 |
| 2015 | $3,776 | $243,900 | $50,900 | $193,000 |
| 2013 | $3,262 | $217,300 | $67,700 | $149,600 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2021
George Terris
Dean C. Sarris Real Estate, Inc.
(978) 888-8927
-
Buyer's Agent in 2021
Yu Tang
MyPlace Realty
(978) 761-6925
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72821763
APN: LOWE-000118-006400-000007
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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