NOT LISTED FOR SALE

Estimated Value: $549,091 - $636,000

5 Beds
2 Baths
2,516 Sq Ft
$239/Sq Ft Est. Value

Last Sold July 24, 2023

Last sale price $550,000 $219 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,890/month

5 Days on Market

Highlights

  • Medical Services
  • Park
  • Shops
  • Property is near public transit
  • Laundry Room
  • 4-minute walk to Jollene Dubner Park

About This Home

As of July 2023

Nice legal two family in Back Central St. section of Lowell. The front building has three spacious bedrooms and could even have a fourth if you need the space, Nicely kept with a 2 car garage, modern kitchen and bath, plus a full walk up attic. Plenty of off street parking in the large paved driveway, and the back unit attached to the garage is a cute one bedroom apartment. All rents could be much higher to improve your cash flow. Great in-law alternative for a large family. This won't last.ALL OFFERS HIGHEST AND BEST DUE THURSDAY JUNE 8TH AT 6:00 PM

Last Agent to Sell the Property

Kevin Durkin

LAER Realty Partners Listed on: 06/02/2023

LAER Realty Partners

Last Buyer's Agent

Albert Silva

Invest Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,912

Year Built

  • Built in 1910

Lot Details

  • 3,755 Sq Ft Lot
  • Fenced
  • Level Lot

Parking

  • 2 Car Garage
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Stone Foundation
  • Slab Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,516 Sq Ft Home
  • Property has 2 Levels
  • Insulated Windows
  • Basement Fills Entire Space Under The House
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Heating Available
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $3,100
  • Rent includes unit 1(heat electric gas)
  • Assessor Parcel Number M:181 B:1125 L:767,3190305

Community Details

Overview

  • 2 Units

Amenities

  • Medical Services
  • Shops

Recreation

  • Park

Building Details

  • Electric Expense $1,728
  • Insurance Expense $1,693
  • Water Sewer Expense $837
  • Operating Expense $7,831
  • Net Operating Income $24,457

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,912

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1910
  • Buyer Agency: 2.0
  • Transaction Broker: 2.0
  • Year Built Details: Renovated Since
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 4

Interior Features

  • Flooring: Vinyl,Carpet,Vinyl / VCT,Wood Laminate
  • Interior Amenities: Unit 1(Ceiling Fans,Bathroom With Tub & Shower), Unit 2(Ceiling Fans), Unit 1 Rooms(Living Room,Kitchen,Family Room,Office/Den), Unit 2 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Dishwasher), Unit 2(Range,Dishwasher,Refrigerator,Washer,Dryer), Gas Water Heater, Utility Connections for Gas Range
  • Total Bedrooms: 5
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Laundry Features: Unit 1 Laundry Room
  • Basement: Full, Slab
  • Living Area: 2516
  • Spa YN: No
  • Stories Total: 4
  • Window Features: Insulated Windows
  • MAIN LO: AN1199
  • LIST PRICE PER Sq Ft: 198.69
  • PRICE PER Sq Ft: 218.6
  • MAIN SO: NB5311

Exterior Features

  • Construction Materials: Frame
  • Fencing: Fenced
  • Foundation Details: Stone
  • Home Warranty YN: No
  • 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, Paved
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Heating: Unit 1(Hot Water Baseboard,Gas)
  • Electric: Circuit Breakers, Common
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Highway Access, House of Worship, Private School, Public School, T-Station, University, Sidewalks
  • Rent Includes: Unit 1(Heat,Electric,Gas)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 837

Lot Info

  • Parcel Number: M:181 B:1125 L:767,3190305
  • Zoning: TMU
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Size Sq Ft: 3755
  • Lot Size Units: Acres
  • PAGE: 38
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4912
  • Tax Book Number: 22871

Multi Family

  • Electric Expense: 1728
  • Gross Income: 37200
  • Insurance Expense: 1693
  • Net Operating Income: 24457
  • Number Of Units Total: 2
  • Operating Expense: 7831
  • Total Actual Rent: 3100
  • LEVELS 1: 2
  • Basement Included Sq Ft: No
  • LEVELS 2: 2
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2009
Sold by
Citimortgage Inc
Bought by
Fernandes Kevin and Fernandes Debbie M
Current Estimated Value
$601,773

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.14%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Fernandes Kevin $160,000 --
Fernandes Kevin $160,000 --
Fernandes Kevin $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Braganca Bruno R $520,451
Closed Braganca Bruno R $520,451
Closed Fernandes Kevin $120,000
Previous Owner Demoniz Antonio $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2023 07/24/23 Sold $550,000 +10.0% $219 / Sq Ft
06/08/2023 06/08/23 Pending -- -- --
06/02/2023 06/02/23 For Sale $499,900 -- $199 / 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 $6,439 $560,900 $113,000 $447,900
2024 $5,766 $484,100 $102,000 $382,100
2023 $5,236 $421,600 $88,700 $332,900
2022 $4,912 $387,100 $69,900 $317,200
2021 $4,593 $341,200 $60,800 $280,400
2020 $4,235 $317,000 $50,700 $266,300
2019 $4,107 $292,500 $46,900 $245,600
2018 $4,016 $279,100 $44,700 $234,400
2017 $3,943 $264,300 $48,700 $215,600
2016 $3,734 $246,300 $49,000 $197,300
2015 $3,585 $231,600 $49,000 $182,600
2013 $3,206 $213,600 $56,500 $157,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73119809

MLS Property Information Network (MLS PIN)

APN: LOWE-000181-001125-000767