NOT LISTED FOR SALE

Estimated Value: $466,000 - $542,000

4 Beds
2 Baths
1,672 Sq Ft
$305/Sq Ft Est. Value

Last Sold August 09, 2024

Last sale price $490,000 $293 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,152/month

11 Days on Market

About This Home

As of August 2024

Charming 2-Family Home for Sale in Lowell, MA! Step into this fantastic two-family home, perfect for investors or homeowners seeking additional rental income. Recent improvements include new plumbing, a water heater and updated kitchens and bathrooms. Additionally, the roof was replaced in 2021, ensuring modern comforts and reliability. Don’t miss this opportunity to own a versatile property in one of Lowell’s most convenient locations.

Last Agent to Sell the Property

The Gorham Group

Coldwell Banker Realty - Westford Listed on: 06/20/2024

Coldwell Banker Realty - Westford

Co-Listed By

Katherine Mackland Rivera

Coldwell Banker Realty - Westford

Last Buyer's Agent

Joshua Riopelle

Simes City Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,176

Year Built

  • Built in 1890

Lot Details

  • 1,742 Sq Ft Lot

Home Design

  • Stone Foundation

Interior Spaces

  • 1,672 Sq Ft Home
  • 3-Story Property
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • No Cooling
  • 2 Heating Zones
  • Baseboard Heating

Community Details

  • 2 Units
  • Net Operating Income $31,200

Listing and Financial Details

  • Total Actual Rent $2,600
  • Assessor Parcel Number M:117 B:5030 L:8,3182445

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,176

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1890
  • Buyer Agency: 2
  • Transaction Broker: 0
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Interior Amenities: Other
  • Fireplace YN: No
  • Appliances: Range, Refrigerator
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Living Area: 1672
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN6181
  • LIST PRICE PER Sq Ft: 287.08
  • PRICE PER Sq Ft: 293.06
  • MAIN SO: AN1413

Exterior Features

  • Foundation Details: Stone
  • Home Warranty YN: No
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Baseboard
  • Cooling Y N: No
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 2

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Parcel Number: M:117 B:5030 L:8,3182445
  • Zoning: USF
  • Farm Land Area Units: Square Feet
  • Lot Features: Other
  • Lot Size Acres: 0.04
  • Lot Size Area: 0.04
  • Lot Size Sq Ft: 1742
  • Lot Size Units: Acres
  • PAGE: 67
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 4176
  • Tax Book Number: 32102

Multi Family

  • Gross Income: 31200
  • Net Operating Income: 31200
  • Number Of Units Total: 2
  • Total Actual Rent: 2600
  • Basement Included Sq Ft: No
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2018
Closed on
May 25, 2018
Sold by
Machado Fernando and Machado Rosemary
Bought by
Nti-Addae Kwame W and Nti-Addae Gloria O
Seller's Agent
Kristen Loranger
LAER Realty Partners
Buyer's Agent
Chinatti Realty Group
Chinatti Realty Group, Inc.
List Price
$249,900
Sold Price
$247,800
Premium/Discount to List
-$2,100
-0.84%
Current Estimated Value
$509,699

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$261,899
Avg. Annual Appreciation
10.46%
Original Mortgage
$185,850
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 23, 1994
Sold by
Burgoyne Brian and Burgoyne Suzanne
Bought by
Machado Fernando and Machado Rosemary
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Nti-Addae Kwame W $247,800 --
Machado Fernando $16,500 --
Machado Fernando $16,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jjangu Kkabagambe $367,500
Closed Jjangu Kkabagambe $367,500
Closed Nti-Addae K Wame K $185,500
Closed Nti-Addae Kwame W $185,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2024 08/09/24 Sold $490,000 +2.1% $293 / Sq Ft
07/02/2024 07/02/24 Pending -- -- --
06/20/2024 06/20/24 For Sale $479,999 +93.7% $287 / Sq Ft
05/25/2018 05/25/18 Sold $247,800 -0.8% $148 / Sq Ft
04/15/2018 04/15/18 Pending -- -- --
03/29/2018 03/29/18 For Sale $249,900 -- $149 / 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 $4,496 $391,600 $82,600 $309,000
2024 $4,176 $350,600 $77,200 $273,400
2023 $3,889 $313,100 $67,200 $245,900
2022 $3,599 $283,600 $61,100 $222,500
2021 $3,339 $248,100 $53,100 $195,000
2020 $3,009 $225,200 $45,300 $179,900
2019 $2,901 $206,600 $40,000 $166,600
2018 $2,677 $186,000 $38,100 $147,900
2017 $2,532 $169,700 $34,600 $135,100
2016 $2,573 $169,700 $34,600 $135,100
2015 $2,378 $153,600 $35,700 $117,900
2013 $2,065 $137,600 $47,400 $90,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73255224

MLS Property Information Network (MLS PIN)

APN: LOWE-000117-005030-000008