NOT LISTED FOR SALE

Estimated Value: $790,000 - $883,352

9 Beds
3 Baths
3,639 Sq Ft
$229/Sq Ft Est. Value

Sale Details

Date Sold: August 11, 2022

Last sale price $740,000 $203 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $5,284 / mo

5 Days on Market

Highlights

  • Medical Services
  • Wood Flooring
  • Park
  • Property is near golf course, public transit, and schools
  • Covered Patio or Porch
  • Laundry Room

About This Home

As of August 2022

Amazing 3-family investment property completely redone in 2008; vinyl siding, roof, decking, electrical, plumbing, heating, blown insulation throughout, windows, and driveway. Superb location in a quiet neighborhood 3 blocks from UMass Lowell. Each unit offers 3 bedrooms & 1 bath, with separate entrance from private covered deck, electric, washer/dryer in units. Off street parking for 8 with 2 additional spots at front of building. Units will be vacant at closing. Great opportunity for owner/occupant to cover mortgage with rental income or for seasoned investor to expand their portfolio. This property has been beautifully maintained pride of ownership shows! The 2nd floor is vacant, 1st and 3rd floor are occupied. Scheduled showings are required through Showing Time. Best and final offers by Monday, July 11th at 10:00a.m. Open House Saturday, July 9th at 11:30-1:30p.m.

Last Agent to Sell the Property

Maureen Howe

ERA Key Realty Services Listed on: 07/06/2022

ERA Key Realty Services

Last Buyer's Agent

Kristin Weekley

Leading Edge Real Estate

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,053

Year Built

  • Built in 1930

Lot Details

  • 6,800 Sq Ft Lot
  • Level Lot

Home Design

  • Triplex
  • Stone Foundation
  • Frame Construction
  • Rubber Roof

Interior Spaces

  • 3,639 Sq Ft Home
  • Insulated Windows
  • Insulated Doors
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Washer

Parking

  • 10 Car Parking Spaces
  • Common or Shared Parking
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Covered Patio or Porch

Location

  • Flood Zone Lot
  • Property is near golf course, public transit, and schools

Utilities

  • Cooling Available
  • 3 Heating Zones
  • Heating Available
  • Separate Meters
  • 100 Amp Service
  • Natural Gas Connected
  • Tankless Water Heater
  • Gas Water Heater

Listing and Financial Details

  • Rent includes unit 1(water), unit 2(water), unit 3(water)
  • Legal Lot and Block 74 / 3440
  • Assessor Parcel Number M:112 B:3440 L:74,3181894

Community Details

Overview

  • 3 Units
  • Near Conservation Area
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops

Recreation

  • Park

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,053

Year Built

Built in 1930

Lot Details

6,800 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Year Built: 1930
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 6

Interior Features

  • Flooring: Vinyl,Carpet,Varies Per Unit,Laminate,Hardwood, Unit 3(Hardwood Floors)
  • Interior Amenities: Unit 1(Bathroom With Tub & Shower), Unit 3(Bathroom With Tub & Shower), Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 3 Rooms(Living Room,Dining Room,Kitchen)
  • Door Features: Insulated Doors
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator,Washer / Dryer Combo), Unit 2(Range,Refrigerator,Washer / Dryer Combo), Unit 3(Range,Refrigerator,Washer,Dryer), Gas Water Heater,Tank Water Heaterless, Utility Connections for Gas Range, Utility Connections for Electric Dryer
  • Total Bedrooms: 9
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Unit 3 Laundry Room
  • Basement: Full, Unfinished
  • Living Area: 3639
  • Stories Total: 6
  • Window Features: Insulated Windows
  • MAIN LO: K95310
  • MAIN SO: AN4643

Exterior Features

  • Exterior Features: Unit 2 Balcony/Deck
  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Covered
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Rubber
  • Waterfront Features: Beach Front, River, 1 to 2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Common, Paved
  • Total Parking Spaces: 10

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Dryer
  • Cooling: Unit 2(Window AC)
  • Heating: Unit 1(Hot Water Baseboard,Gas), Unit 2(Hot Water Baseboard,Gas), Unit 3(Hot Water Baseboard,Gas)
  • Cooling Y N: Yes
  • Electric: 100 Amp Service, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Golf, Medical Facility, Conservation Area, University
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:112 B:3440 L:74,3181894
  • Zoning: M1001
  • Farm Land Area Units: Square Feet
  • Lot Features: Flood Plain, Level
  • Lot Size Acres: 0.16
  • Lot Size Sq Ft: 6800
  • Lot Size Units: Acres

Green Features

  • Green Energy Efficient: Other (See Remarks)

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 6053
  • Tax Block: 3440
  • Tax Lot: 74

Multi Family

  • Number Of Units Total: 3
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 3

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
Jul 6, 2022
Closed on
Aug 11, 2022
Sold by
74 Lafayette Street T and 74 Kelley
Bought by
Seller's Agent
Maureen Howe
ERA Key Realty Services
Buyer's Agent
Kristin Weekley
Leading Edge Real Estate
List Price
$699,900
Sold Price
$740,000
Premium/Discount to List
$40,100
5.73%
Views
2
Current Estimated Value
$832,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,838
Avg. Annual Appreciation
2.95%
Original Mortgage
$586,162
Outstanding Balance
$555,440
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$277,398

Purchase Details

Closed on
May 21, 2008
Sold by
Kelley Dana R and Kelley Judith M
Bought by
74 Lafayette Street T and 74 Kelley

Purchase Details

Closed on
Dec 20, 2007
Sold by
Houle Claudette A
Bought by
Kelley Dana R and Kelley Judith M
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
$740,000 None Available
74 Lafayette Street T -- --
Kelley Dana R $245,000 --
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 $586,162
Closed Lemieux Anita $50,000
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
08/11/2022 08/11/22 Sold $740,000 +5.7% $203 / Sq Ft
07/12/2022 07/12/22 Pending -- -- --
07/06/2022 07/06/22 For Sale $699,900 -- $192 / 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 $8,266 $720,000 $158,100 $561,900
2024 $7,768 $652,200 $137,900 $514,300
2023 $7,531 $606,400 $114,600 $491,800
2022 $6,991 $550,900 $104,200 $446,700
2021 $6,053 $449,700 $90,600 $359,100
2020 $5,495 $411,300 $84,700 $326,600
2019 $5,335 $380,000 $78,400 $301,600
2018 $4,770 $338,700 $74,700 $264,000
2017 $4,658 $312,200 $67,900 $244,300
2016 $4,192 $276,500 $56,900 $219,600
2015 $3,994 $258,000 $58,200 $199,800
2013 $3,548 $236,400 $71,900 $164,500
Source: Public Records

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73008003

MLS Property Information Network (MLS PIN)

APN: LOWE-000112-003440-000074

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