NOT LISTED FOR SALE

72 W 3rd St Lowell, MA 01850

Centralville Neighborhood

Estimated Value: $684,000 - $1,125,000

12 Beds
6 Baths
3,987 Sq Ft
$214/Sq Ft Est. Value

Last Sold August 01, 2016

Last sale price $358,000 $90 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $5,171/month

4 Days on Market

About This Home

As of August 2016

INVESTORS...THIS IS A DREAM COME TRUE. A TWO FAMILY WITH 6 BEDROOMS AND 3 BATHS IN EACH UNIT. BUILDING IS COMPLETELY DONE OVER WITH NEW PLUMBING, ELECTRICAL, HEAT, HOT WATER. BUILDING IS ALL WIDE PINE FLOORING WITH NEW KITCHENS AND BATHS. ALL YOU HAVE TO DO IS START COLLECTING RENTS. DO THE NUMBERS THIS PLACE IS A CASH COW. AND YES, SELLER WILL PROVIDE LEAD PAINT CERTS.

Last Agent to Sell the Property

Stephen Lawrenson

Stephen Lawrenson Real Estate Listed on: 06/07/2016

Last Buyer's Agent

Albert Silva

Invest Realty Group

Property Details

Home Type

Multi-Family

Year Built

1907

Lot Details

0

Listing Details

  • Lot Description: Other (See Remarks)
  • Property Type: Multi-family
  • Other Agent: 2.00
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 6
  • Year Built: 1907

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 18
  • Total Levels: 6

Exterior Features

  • Foundation: Fieldstone

Garage/Parking

  • Parking Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 2

Lot Info

  • Zoning: M3001

Multi Family

  • Total Bedrooms: 12
  • Total Floors: 3
  • Total Full Baths: 5
  • Total Half Baths: 1
  • Total Levels: 3
  • Total Rms: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 13, 2013
Sold by
Bank New York Mellon T
Bought by
Qiu Hong and Zhou Yuanzhong
Current Estimated Value
$836,590

Purchase Details

Closed on
Apr 12, 2012
Sold by
Waterhouse William and Bank Of New York Mello
Bought by
Bank Of New York Mello

Purchase Details

Closed on
Jan 19, 2005
Sold by
Cashman Douglas M
Bought by
Waterhouse William and Waterhouse Tracy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,920
Interest Rate
5.71%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 26, 2001
Sold by
Houston Rt and Houston Michael A
Bought by
Cashman Douglas M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.86%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Qiu Hong $160,000 --
Bank Of New York Mello $224,400 --
Bank Of New York Mello $224,400 --
Waterhouse William $389,900 --
Waterhouse William $389,900 --
Cashman Douglas M $250,000 --
Cashman Douglas M $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Waterhouse William $311,920
Previous Owner Cashman Douglas M $230,000
Previous Owner Cashman Douglas M $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2016 08/01/16 Sold $358,000 +2.3% $90 / Sq Ft
06/11/2016 06/11/16 Pending -- -- --
06/07/2016 06/07/16 For Sale $349,900 -- $88 / 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 $9,400 $818,800 $99,200 $719,600
2024 $8,360 $701,900 $87,200 $614,700
2023 $8,041 $647,400 $75,900 $571,500
2022 $6,938 $546,700 $64,600 $482,100
2021 $6,664 $495,100 $56,200 $438,900
2020 $6,242 $467,200 $65,300 $401,900
2019 $5,532 $394,000 $57,600 $336,400
2018 $5,133 $356,700 $54,900 $301,800
2017 $4,859 $325,700 $49,900 $275,800
2016 $5,074 $334,700 $40,600 $294,100
2015 $4,427 $286,000 $38,800 $247,200
2013 $4,000 $266,500 $47,400 $219,100
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2016

    Stephen Lawrenson

    Stephen Lawrenson Real Estate

    (978) 866-5874

    10 in this area

    68 Total Sales

    Stephen Lawrenson
    Section Image
  • Albert Silva

    Buyer's Agent in 2016

    Albert Silva

    Invest Realty Group

    (617) 306-0134

    3 in this area

    132 Total Sales

    Albert Silva
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72018695

MLS Property Information Network (MLS PIN)

APN: LOWE-000176-006050-000072

Massachusetts Middlesex County Lowell 01850 Centralville

72 W 3rd St, Lowell, MA

Not Listed for Sale

MultiFamily

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