Seller's Agent in 2018
Shawn Curran
Prime Properties, Inc.
(774) 239-8898
7 Total Sales
762 Gorham St Unit 2 Lowell, MA 01852
Sacred Heart NeighborhoodEstimated Value: $308,000 - $338,000
3
Beds
1
Bath
993
Sq Ft
$250/mo
HOA Fee
Highlights
- Tandem Parking
- Laundry Facilities
- Community Storage Space
- Baseboard Heating
About This Home
As of January 2018Downsizing Portfolio!!! Investors take note 10.7 Cap rate. This 3 bedroom/ 1 bath unit has strong rental history and very low maintenance costs. Market rents for these units is around $1500/mo. Seller is also offering for sale another almost identicle unit on the 3rd floor for $125K. YOU CANT FIND A 2 FAMILY in LOWELL With 6 bedrooms,modern kitchens/baths, thats deleaded and already making money for $250K
Co-Listed By
Leo Forcier
Prime Properties, Inc.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,652
Year Built
- Built in 1890
HOA Fees
- $250 Monthly HOA Fees
Home Design
- Entry on the 2nd floor
Interior Spaces
- 993 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Parking
- 2 Car Parking Spaces
- Tandem Parking
- Driveway
- Paved Parking
- Open Parking
- Off-Street Parking
- Assigned Parking
Utilities
- No Cooling
- Baseboard Heating
- Gas Water Heater
Community Details
Overview
- Association fees include water, sewer, insurance, maintenance structure, snow removal, trash, reserve funds
- 9 Units
- Mid-Rise Condominium
- Falls View Condominiums Community
Amenities
- Laundry Facilities
- Community Storage Space
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 7, 2024
Sold by
Wu Yanxia
Bought by
Pa Lowell Llc
Current Estimated Value
Purchase Details
Closed on
Sep 1, 2006
Sold by
Prime Prop Inc
Bought by
Mcdermott Laurena D and Mcdermott William F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,320
Interest Rate
6.83%
Mortgage Type
Purchase Money Mortgage
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Pa Lowell Llc | -- | None Available | |
| Pa Lowell Llc | -- | None Available | |
| Mcdermott Laurena D | $157,900 | -- | |
| Mcdermott Laurena D | $157,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Mcdermott Laurena D | $126,320 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/12/2018 01/12/18 | Sold | $115,000 | -8.0% | $116 / Sq Ft |
| 10/13/2017 10/13/17 | Pending | -- | -- | -- |
| 09/14/2017 09/14/17 | For Sale | $125,000 | -- | $126 / 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 | $2,257 | $196,600 | $0 | $196,600 |
| 2024 | $2,122 | $178,200 | $0 | $178,200 |
| 2023 | $1,951 | $157,100 | $0 | $157,100 |
| 2022 | $1,674 | $131,900 | $0 | $131,900 |
| 2021 | $1,587 | $117,900 | $0 | $117,900 |
| 2020 | $1,524 | $114,100 | $0 | $114,100 |
| 2019 | $1,580 | $112,500 | $0 | $112,500 |
| 2018 | $1,771 | $124,500 | $0 | $124,500 |
| 2017 | $1,747 | $117,100 | $0 | $117,100 |
| 2016 | $1,652 | $109,000 | $0 | $109,000 |
| 2015 | $1,587 | $102,500 | $0 | $102,500 |
| 2013 | $1,762 | $117,400 | $0 | $117,400 |
Source: Public Records
Agents Affiliated with this Home
-
Shawn Curran
-
L
Seller Co-Listing Agent in 2018
Leo Forcier
Prime Properties, Inc.
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72228606
APN: LOWE-183 S19305
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