NOT LISTED FOR SALE

Estimated Value: $646,000 - $752,000

7 Beds
4 Baths
2,772 Sq Ft
$247/Sq Ft Est. Value

Sale Details

Date Sold: November 20, 2018

Last sale price $450,000 $162 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $4,196 / mo

37 Days on Market

Highlights

  • Wood Flooring
  • Balcony
  • 4-minute walk to Jollene Dubner Park

About This Home

As of November 2018

If you're looking for an investment property that earns you a monthly PROFIT, your search ends here! A very well maintained, spacious home with fully rented 1st floor and vacant 2nd floor unit. This home boasts large rooms, with beautiful hardwood flooring throughout. Both units have 1 full bath and 1 half-bath, with ample space and storage. The bright and fully finished, walk up attic has hardwood floors and is additional space that can be used as bedrooms. Newer roof and updated electric. Ample off-street parking. Close to Rte. 495, UMass Lowell, T-Station, Shedd Park - Public water park, playground, tennis/basketball courts, and close to downtown for the Summer Music Concert Series, Folk Festival, Merimack Repertory Theatre, Merrimack College, great restaurants and so much more. This home is a great investment property to start earning an income or move-in ready so you can supplement your mortgage payment. Come to Lowell - there's a lot to like!

Last Agent to Sell the Property

Sandra Freitas

Coldwell Banker Realty - Andovers/Readings Regional Listed on: 08/21/2018

Coldwell Banker Realty - Andovers/Readings Regional

Co-Listed By

Joe Freitas

Coldwell Banker Realty - Andovers/Readings Regional

Last Buyer's Agent

Benilton Silva

Benny's Realty Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 4,356

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Additional Features

  • Balcony
  • Natural Gas Water Heater
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:181 B:1125 L:777

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

4,356 Sq Ft Lot

Listing Details

  • Property Type: Multi-family
  • Other Agent: 1.50
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 161.98
  • Comp Based On: Net Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1900

Interior Features

  • Fireplaces: 2
  • Flooring: Vinyl, Wall to Wall Carpet, Varies Per Unit, Hardwood
  • Total Flrs: 3
  • Total Frplcs: 2
  • No Bedrooms: 7
  • Total Brs: 7
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Fbh: 2
  • Total Hbh: 2
  • No Rooms: 15
  • Basement: Y
  • Basement Features: Full, Bulkhead
  • Main Lo: D63201
  • Main So: AN2062
  • Estimated Sq Ft: 2772.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Balcony
  • Foundation: Fieldstone

Garage/Parking

  • Parking Feature: Off-Street, Tandem, Paved Driveway
  • Parking Spaces: 7

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers, Individually Metered
  • Heat Zones: 2
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Dryer, Washer Hookup

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station, University

Lot Info

  • Assessments: 254300.00
  • Acre: 0.10
  • Lot Size: 4456.00
  • Page: 119
  • Parcel Number: M:181 B:1125 L:777
  • Zoning: TMU
  • Lot Description: Paved Drive

Green Features

  • Energy Features: Insulated Windows, Storm Doors, Varies per Unit

Multi Family

  • Heat Units: 2
  • Total Levels: 3
  • Total Rent: 3500
  • Total Rms: 14
  • No Units: 2
  • Mf Type: 2 Family - 2 Units Up/Down

Tax Info

  • Taxes: 3315.00
  • Assessor Parcel Number: 3190314

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2018
Closed on
Nov 20, 2018
Sold by
Ormonde Agostinho and Ormonde Rose M
Bought by
Deoliveira Reinaldo and Coelho-Valverde Simonia
Seller's Agent
Sandra Freitas
Coldwell Banker Realty - Andovers/Readings Regional
Buyer's Agent
Benilton Silva
Benny's Realty Group
List Price
$449,000
Sold Price
$450,000
Premium/Discount to List
$1,000
0.22%
Current Estimated Value
$683,303

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,303
Avg. Annual Appreciation
5.79%
Original Mortgage
$441,849
Outstanding Balance
$383,039
Interest Rate
4.7%
Mortgage Type
FHA
Estimated Equity
$300,264

Purchase Details

Closed on
Jun 2, 2015
Sold by
Ormonde Agostinho B and Ormonde Rose M
Bought by
Ormonde Agostinho B and Ormonde Rose M
Source: Public Records

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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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
Deoliveira Reinaldo $450,000 --
Ormonde Agostinho B -- --
Ormonde Agostinho -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deoliveira Reinaldo $441,849
Closed Ormonde Agostinho B $441,849
Previous Owner Ormonde Agostinho B $30,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2018 11/20/18 Sold $450,000 +0.2% $162 / Sq Ft
09/27/2018 09/27/18 Pending -- -- --
08/21/2018 08/21/18 For Sale $449,000 -- $162 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $6,844 $596,200 $108,300 $487,900
2024 $6,303 $529,200 $97,700 $431,500
2023 $5,876 $473,100 $85,000 $388,100
2022 $5,307 $418,200 $67,000 $351,200
2021 $4,925 $365,900 $58,300 $307,600
2020 $4,440 $332,300 $48,600 $283,700
2019 $3,570 $254,300 $45,000 $209,300
2018 $3,240 $230,400 $42,800 $187,600
2017 $3,254 $218,100 $46,700 $171,400
2016 $3,331 $219,700 $48,300 $171,400
2015 $3,065 $198,000 $48,300 $149,700
2013 -- $181,500 $55,800 $125,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72382694

MLS Property Information Network (MLS PIN)

APN: LOWE-000181-001125-000777

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