NOT LISTED FOR SALE

Estimated Value: $424,004 - $555,000

2 Beds
2 Baths
1,211 Sq Ft
$400/Sq Ft Est. Value

Last Sold January 31, 2023

Last sale price $389,900 $322 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,990/month

10 Days on Market

Highlights

  • Property is near public transit
  • Laundry Room
  • Shops
  • Corner Lot
  • Storage
  • 1 Car Garage

About This Home

As of January 2023

Well maintained two family near UMASS Lowell and downtown. Gas heat, all separate utilities, long term tenants both TAW. Laundry in basement with storage unit. Set on a corner lot with oversized one car garage. Plenty of off-street parking.

Last Agent to Sell the Property

Tom Courtney

LAER Realty Partners Listed on: 12/19/2022

LAER Realty Partners

Last Buyer's Agent

Abhinay Patel

Lamacchia Realty, Inc.

Lamacchia Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,377

Year Built

  • Built in 1930

Lot Details

  • 5,000 Sq Ft Lot
  • Corner Lot

Parking

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

Home Design

  • Duplex
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,211 Sq Ft Home
  • Property has 1 Level
  • Storage
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Block Basement Construction

Outdoor Features

  • Bulkhead

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • No Cooling
  • 2 Heating Zones
  • Heating Available
  • Separate Meters
  • 100 Amp Service
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $22,000
  • Rent includes unit 1(water), unit 2(water)
  • Legal Lot and Block 866 / 3455
  • Assessor Parcel Number M:133 B:3455 L:866,3184897

Community Details

Building Details

  • Electric Expense $120
  • Water Sewer Expense $830
  • Operating Expense $950
  • Net Operating Income $25,450

Additional Features

  • 2 Units
  • Shops

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,377

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1930
  • Buyer Agency: 2.0
  • Transaction Broker: 2.0
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Carpet,Laminate, Unit 2(Wall to Wall Carpet)
  • Interior Amenities: Storage, Unit 1(Bathroom With Tub), Unit 2(Bathroom With Tub & Shower), Unit 1 Rooms(Kitchen), Unit 2 Rooms(Kitchen)
  • Fireplace YN: No
  • Appliances: Washer, Dryer, Unit 1(Range,Dishwasher,Refrigerator), Unit 2(Range,Dishwasher,Refrigerator), Gas Water Heater, Utility Connections for Gas Range
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Laundry Features: Laundry Room, Washer Hookup
  • Basement: Full, Interior Entry, Bulkhead, Concrete, Unfinished
  • Living Area: 1211
  • Stories Total: 3
  • MAIN LO: AN1199
  • LIST PRICE PER Sq Ft: 321.97
  • PRICE PER Sq Ft: 321.97
  • MAIN SO: AN2314

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, Washer Hookup
  • Cooling: Unit 1(None)
  • Heating: Unit 2(Hot Water Baseboard,Gas)
  • Cooling Y N: No
  • Electric: 100 Amp Service, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 2

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Highway Access, University
  • Rent Includes: Unit 1(Water), Unit 2(Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 830

Lot Info

  • Parcel Number: M:133 B:3455 L:866,3184897
  • Zoning: TMF
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Sq Ft: 5000
  • Lot Size Units: Acres
  • PAGE: 128
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3377
  • Tax Block: 3455
  • Tax Book Number: 29560
  • Tax Lot: 866
  • Tax Map Number: 133

Multi Family

  • Electric Expense: 120
  • Gross Income: 26400
  • Net Operating Income: 25450
  • Number Of Units Total: 2
  • Operating Expense: 950
  • Total Actual Rent: 22000
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2015
Closed on
Nov 4, 2015
Sold by
Antifonario Frank J and Antifonario Rachel T
Bought by
989 Lakeview Avenue Rt
Seller's Agent
Leo Ouellette
Dick Lepine Real Estate,Inc.
Buyer's Agent
Nicole Conlin
Keller Williams Realty-Merrimack
List Price
$249,900
Sold Price
$205,000
Premium/Discount to List
-$44,900
-17.97%
Current Estimated Value
$485,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$280,001
Avg. Annual Appreciation
9.03%
Original Mortgage
$153,750
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 5, 1989
Sold by
Coutu Monique
Bought by
Antifonario Frank J
Source: Public Records

Range of Values:

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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
989 Lakeview Avenue Rt $205,000 --
Antifonario Frank J $90,000 --
Antifonario Frank J $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dossa Herve C $382,837
Closed Dossa Herve C $382,837
Closed 989 Lakeview Avenue Rt $153,750
Previous Owner Antifonario Frank J $68,000
Previous Owner Antifonario Frank J $65,000
Previous Owner Antifonario Frank J $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2023 01/31/23 Sold $389,900 0.0% $322 / Sq Ft
12/30/2022 12/30/22 Pending -- -- --
12/19/2022 12/19/22 For Sale $389,900 +90.2% $322 / Sq Ft
11/05/2015 11/05/15 Sold $205,000 -18.0% $169 / Sq Ft
09/10/2015 09/10/15 Pending -- -- --
06/04/2015 06/04/15 For Sale $249,900 -- $206 / 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 $4,419 $384,900 $127,400 $257,500
2024 $4,073 $342,000 $113,800 $228,200
2023 $3,697 $297,700 $92,000 $205,700
2022 $3,377 $266,100 $79,500 $186,600
2021 $3,139 $233,200 $69,100 $164,100
2020 $3,108 $232,600 $80,900 $151,700
2019 $2,988 $212,800 $67,400 $145,400
2018 $2,806 $195,000 $64,200 $130,800
2017 $2,581 $173,000 $53,200 $119,800
2016 $2,564 $169,100 $49,300 $119,800
2015 $2,390 $154,400 $49,300 $105,100
2013 $2,209 $147,200 $56,800 $90,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73065763

MLS Property Information Network (MLS PIN)

APN: LOWE-000133-003455-000866