NOT LISTED FOR SALE
12 Beds
6 Baths
5,232 Sq Ft
0.28 Acre Lot

Sale Details

Date Sold: February 17, 2023

Last sale price $965,000 $184 Per Sq Ft

16 Days on Market

About This Home

As of February 2023

Large six unit building in Highland section of Lowell. Tremendous amount of offstreet parking 15 to 20 cars. Very good income and could be higher rents a variety of units . 2 1 bedroom 2 2 bedrooms 2 3bedrooms Total monthly rents $8,575. This building also has lead certificates for the units

Last Agent to Sell the Property

Brian McMahon

RE/MAX Innovative Properties Listed on: 12/09/2022

RE/MAX Innovative Properties

Last Buyer's Agent

Courtney Rourke

Z. R. Rourke Real Estate

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,657

Year Built

  • Built in 1880

Lot Details

  • 12,127 Sq Ft Lot

Home Design

  • Stone Foundation

Interior Spaces

  • 5,232 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Full Bathrooms

Parking

  • 10 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Utilities

  • 200+ Amp Service
  • 110 Volts
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $8,575
  • Assessor Parcel Number M:122 B:5400 L:75,3183380

Community Details

Overview

  • 6 Units
  • Property has 1 Level

Building Details

  • Net Operating Income $87,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,657

Year Built

Built in 1880

Lot Details

0.28 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1880
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 8

Interior Features

  • Fireplace YN: No
  • Appliances: Gas Water Heater
  • Total Bedrooms: 12
  • Full Bathrooms: 6
  • Total Bathrooms: 6
  • Basement: Full
  • Living Area: 5232
  • Stories Total: 8
  • MAIN LO: AN3560
  • MAIN SO: AN3069

Exterior Features

  • Foundation Details: Stone
  • Road Frontage Type: Public
  • Waterfront YN: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Electric: 110 Volts, Circuit Breakers, 200+ Amp Service
  • Water Source: Public

Lot Info

  • Parcel Number: M:122 B:5400 L:75,3183380
  • Zoning: TMF
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.28
  • Lot Size Sq Ft: 12127
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 8657

Multi Family

  • Net Operating Income: 87600
  • Number Of Units Total: 6
  • Total Actual Rent: 8575
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 2

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
Dec 9, 2022
Closed on
Feb 17, 2023
Sold by
Bought by
Seller's Agent
Brian McMahon
RE/MAX Innovative Properties
Buyer's Agent
Courtney Rourke
Z. R. Rourke Real Estate
List Price
$995,000
Sold Price
$965,000
Premium/Discount to List
-$30,000
-3.02%
Views
84

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$723,750
Outstanding Balance
$694,511
Interest Rate
6.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Dec 9, 2022
Closed on
Dec 27, 2022
Sold by
Bought by
Seller's Agent
Brian McMahon
RE/MAX Innovative Properties
Buyer's Agent
Courtney Rourke
Z. R. Rourke Real Estate
List Price
$995,000
Sold Price
$965,000
Premium/Discount to List
-$30,000
-3.02%
Views
84

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$723,750
Outstanding Balance
$694,511
Interest Rate
6.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 2, 2018
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
$382,500
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2016
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
3.42%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 22, 2007
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
$230,000
Interest Rate
6.14%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 16, 2004
Sold by
Bought by

Purchase Details

Closed on
Sep 8, 1997
Sold by
Bought by
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
$965,000 None Available
-- None Available
$500,000 --
$641,695 --
-- --
-- --
$65,000 --
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 $723,750
Previous Owner $382,500
Previous Owner $275,000
Previous Owner $230,000
Previous Owner $230,000
Closed $238,000
Previous Owner $75,000
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
02/17/2023 02/17/23 Sold $965,000 -3.0% $184 / Sq Ft
12/26/2022 12/26/22 Pending -- -- --
12/09/2022 12/09/22 For Sale $995,000 -- $190 / 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 $8,779 $764,700 $153,000 $611,700
2024 $8,713 $731,600 $143,000 $588,600
2023 $8,854 $712,900 $124,300 $588,600
2022 $7,590 $598,100 $98,200 $499,900
2021 $7,081 $526,100 $85,400 $440,700
2020 $7,029 $526,100 $85,400 $440,700
2019 $5,852 $416,800 $81,300 $335,500
2018 $6,258 $434,900 $77,400 $357,500
2017 $5,676 $380,400 $75,100 $305,300
2016 $5,685 $375,000 $69,700 $305,300
2015 $4,995 $322,700 $69,700 $253,000
2013 $4,697 $312,900 $83,600 $229,300
Source: Public Records

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73064048

MLS Property Information Network (MLS PIN)
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