NOT LISTED FOR SALE

Estimated Value: $571,826 - $656,000

4 Beds
2 Baths
1,960 Sq Ft
$314/Sq Ft Est. Value

Last Sold May 25, 2023

Last sale price $540,000 $276 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,876/month

97 Days on Market

Highlights

  • Medical Services
  • Wood Flooring
  • Cooling Available
  • Property is near public transit
  • Enclosed Patio or Porch
  • Shops

About This Home

As of May 2023

Buyers financing fell through a few days before closing, excellent investment opportunity!! Beautiful 2 Family home with 2 bedrooms and 1 bath on each floor located in Pawtucketville. Close to UMass Lowell, Shopping, Public Transportation, Medical Facilities and much more. Large 22x28 2 Car Garage and additional parking. Large Shed that includes extra storage space. Newer roof (2021) separate utilities, both units are occupied and well maintained. Seller to deliver units occupied. Quiet residential neighborhood situated on a private level lot. Must see as this property will not last long!

Last Agent to Sell the Property

Sharon Paradis

Keller Williams Realty-Merrimack Listed on: 02/01/2023

Keller Williams Realty-Merrimack

Last Buyer's Agent

Maria Buonopane

Century 21 North East

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,309

Year Built

  • Built in 1930

Lot Details

  • 7,500 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Garage
  • Common or Shared Parking
  • Driveway
  • Open Parking
  • Off-Street Parking
  • Assigned Parking

Home Design

  • Duplex
  • Block Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,960 Sq Ft Home
  • Property has 1 Level
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Washer and Electric Dryer Hookup

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Bulkhead
  • Enclosed Patio or Porch
  • Outdoor Storage

Location

  • Flood Zone Lot
  • Property is near public transit
  • Property is near schools

Schools

  • Mc Avinnue Elementary School
  • Wang Middle School
  • Lowell High School

Utilities

  • Cooling Available
  • 2 Cooling Zones
  • 2 Heating Zones
  • Heating Available
  • Separate Meters
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $3,700
  • Rent includes unit 1(electric water), unit 2(water)
  • Assessor Parcel Number M:113 B:3945 L:72,3182060

Community Details

Overview

  • 2 Units

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Building Details

  • Operating Expense $11,933
  • Net Operating Income $32,467

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,309

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1930
  • Buyer Agency: 2.5
  • Transaction Broker: 1
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood,Tile,Vinyl,Carpet, Unit 1(undefined)
  • Interior Amenities: Unit 1(Ceiling Fans,Storage,Bathroom With Tub & Shower), Unit 2(Ceiling Fans,Pantry,Storage,Bathroom With Tub & Shower), Unit 1 Rooms(Living Room,Kitchen,Family Room), Unit 2 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Dishwasher,Microwave,Refrigerator), Unit 2(Range,Microwave,Refrigerator), Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Dryer
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Laundry Features: Washer Hookup
  • Basement: Full, Partially Finished, Bulkhead
  • Living Area: 1960
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: G95166
  • LIST PRICE PER Sq Ft: 285.71
  • PRICE PER Sq Ft: 275.51
  • MAIN SO: AC1531

Exterior Features

  • Exterior Features: Storage, Unit 1 Balcony/Deck, Unit 2 Balcony/Deck
  • Construction Materials: Frame
  • Foundation Details: Block
  • Frontage Length: 75
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Enclosed
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Assigned, Common
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Dryer, Washer Hookup
  • Cooling: Unit 1(Wall AC), Unit 2(Ductless Mini-Split System)
  • Heating: Unit 1(Forced Air), Unit 2(Forced Air,Gas,Electric)
  • Cooling Y N: Yes
  • Electric: Circuit Breakers, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 2
  • COOLING ZONES: 2

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Medical Facility, Laundromat, House of Worship, Private School, Public School, University
  • Rent Includes: Unit 1(Electric,Water), Unit 2(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:113 B:3945 L:72,3182060
  • Zoning: TSF
  • Farm Land Area Units: Square Feet
  • Lot Features: Flood Plain, Level
  • Lot Size Acres: 0.17
  • Lot Size Area: 0.17
  • Lot Size Sq Ft: 7500
  • Lot Size Units: Acres
  • PAGE: 190
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5308.83
  • Tax Book Number: 33876

Multi Family

  • Gross Income: 44400
  • Net Operating Income: 32467
  • Number Of Units Total: 2
  • Operating Expense: 11933
  • Total Actual Rent: 3700
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • COOLING UNITS: 2
  • LEVELS 2: 1
  • LEASE 2: N
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 2: 2

MLS Schools

  • High School: Lowell High
  • Elementary School: Mc Avinnue Elem
  • Middle Or Junior School: Wang

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 20, 2024
Sold by
Dos Reis Edmundo T and Reis Isaulina M
Bought by
72-76 Martin Street Rt and Dos Reis
Current Estimated Value
$616,207

Purchase Details

Closed on
May 20, 2010
Sold by
Ocampo Ana H
Bought by
Paulino Christopher C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,449
Interest Rate
5.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 21, 2007
Sold by
Ocampo Ana H and Vazquez Orlando L
Bought by
Ocampo Ana H

Purchase Details

Closed on
Jun 13, 2006
Sold by
Ocampo Ana H
Bought by
Ocampo Ana H and Vazquez Orlando L

Purchase Details

Closed on
May 27, 2005
Sold by
Dery Eric D and Dery Lori A
Bought by
Ocampo Ana H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 30, 1998
Sold by
Paquin Ronald D and Paquin Claire D
Bought by
Derby Eric D and Derby Lori A
Source: Public Records

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
72-76 Martin Street Rt -- None Available
72-76 Martin Street Rt -- None Available
Paulino Christopher C $196,000 --
Paulino Christopher C $196,000 --
Ocampo Ana H -- --
Ocampo Ana H -- --
Ocampo Ana H -- --
Ocampo Ana H -- --
Ocampo Ana H $335,000 --
Ocampo Ana H $335,000 --
Derby Eric D $140,000 --
Derby Eric D $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Djm Properties Llc $312,075
Previous Owner Paulino Christopher C $180,800
Previous Owner Paulino Christopher C $192,449
Previous Owner Ocampo Ana H $268,000
Previous Owner Ocampo Ana H $67,000
Previous Owner Dery Eric D $140,000
Previous Owner Dery Eric D $127,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2023 05/25/23 Sold $540,000 -3.6% $276 / Sq Ft
05/10/2023 05/10/23 Pending -- -- --
04/26/2023 04/26/23 For Sale $560,000 0.0% $286 / Sq Ft
04/25/2023 04/25/23 Price Changed $560,000 +1.8% $286 / Sq Ft
02/08/2023 02/08/23 Pending -- -- --
02/01/2023 02/01/23 For Sale $550,000 +32.2% $281 / Sq Ft
02/28/2020 02/28/20 Sold $416,100 -5.4% $212 / Sq Ft
01/16/2020 01/16/20 Pending -- -- --
01/15/2020 01/15/20 For Sale $439,900 0.0% $224 / Sq Ft
01/14/2020 01/14/20 Pending -- -- --
01/08/2020 01/08/20 For Sale $439,900 -- $224 / 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 $6,301 $548,900 $192,800 $356,100
2024 $5,761 $483,700 $168,200 $315,500
2023 $5,269 $424,200 $139,700 $284,500
2022 $4,887 $385,100 $127,100 $258,000
2021 $4,539 $337,200 $110,500 $226,700
2020 $4,179 $312,800 $103,300 $209,500
2019 $4,028 $286,900 $95,700 $191,200
2018 $3,785 $263,000 $91,100 $171,900
2017 $3,585 $240,300 $82,900 $157,400
2016 $3,438 $226,800 $69,400 $157,400
2015 $3,237 $209,100 $71,000 $138,100
2013 $3,088 $205,700 $87,600 $118,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73075413

MLS Property Information Network (MLS PIN)

APN: LOWE-000113-003945-000072