NOT LISTED FOR SALE

878 Lakeview Ave Lowell, MA 01850

Centralville Neighborhood

Estimated Value: $570,000 - $615,050

6 Beds
2 Baths
2,592 Sq Ft
$228/Sq Ft Est. Value

Last Sold October 20, 2021

Last sale price $452,000 $174 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $3,598/month

8 Days on Market

About This Home

As of October 2021

2 FAMILY HOME CURRENTLY FULLY TENANTED. PLENTY OF OFF STREET PARKING AND A GREAT LOCATTION. DO THE MATH IT WORKS OUT WELL FOR OWNER OCCUPIED OR INVESTOR!!!

Last Agent to Sell the Property

Stephen Lawrenson

Stephen Lawrenson Real Estate Listed on: 06/21/2021

Last Buyer's Agent

Chinatti Realty Group

Chinatti Realty Group, Inc.

Chinatti Realty Group, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • 1920

Lot Details

  • 5,663

Interior Spaces

  • Property has 1 Level

Property Details

Home Type

Multi-Family

Year Built

1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Directions: Lakeview Ave near Dracut line.
  • Garage Yn: No
  • Year Built Details: Approximate
  • Special Features: None
  • Year Built: 1920

Interior Features

  • Has Basement: Full
  • MAIN LO: AC1255
  • MAIN SO: AN5454
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplace: No
  • Stories: 3

Exterior Features

  • Foundation Details: Stone
  • Disclosures: Seller Has Never Lived In This Property. Buyers And Buyer's Agents Do Your Due Diligence.
  • Waterfront: No

Garage/Parking

  • Parking Features: Paved Drive, Off Street
  • Open Parking: Yes
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • LOT SIZE: 5476
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 5662.8
  • Zoning: M1001

Multi Family

  • LEVELS 1: 1
  • LEASE 2: Y
  • LEASE 1: Y
  • Annual Gross Income: 34800
  • Property Net Operating Income: 34800
  • Number Of Units Total: 2
  • Total Actual Rent: 2900

Tax Info

  • Tax Annual Amount: 4557.56
  • Tax Book Number: 0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 15, 2025
Sold by
Torres Oscar I
Bought by
Torres Oscar I and Pineda Abigail Y
Current Estimated Value
$590,263

Purchase Details

Listed on
Jun 21, 2021
Closed on
Oct 20, 2021
Sold by
Coljack Dev Corp
Bought by
Alcantara-Torres Oscar I
Seller's Agent
Stephen Lawrenson
Stephen Lawrenson Real Estate
Buyer's Agent
Chinatti Realty Group
Chinatti Realty Group, Inc.
List Price
$439,800
Sold Price
$452,000
Premium/Discount to List
$12,200
2.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.36%
Original Mortgage
$443,813
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Listed on
May 3, 2021
Closed on
Jun 14, 2021
Sold by
Durand Family 1 Rt and Durand
Bought by
Coljack Development Corp
Seller's Agent
Renee Boyle
Renee L. Boyle Real Estate
Buyer's Agent
Stephen Lawrenson
Stephen Lawrenson Real Estate
List Price
$385,000
Sold Price
$360,000
Premium/Discount to List
-$25,000
-6.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
91.60%

Purchase Details

Closed on
Oct 24, 2019
Sold by
Durand Raymond R
Bought by
Durand Ft and Durand

Purchase Details

Closed on
Jul 25, 2014
Sold by
Durand Jeffrey R
Bought by
Ding Xiang and Xu Jing

Purchase Details

Closed on
Jul 27, 2012
Sold by
Durand Ft and Durand
Bought by
Durand Raymond R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Torres Oscar I -- --
Torres Oscar I -- --
Alcantara-Torres Oscar I $452,000 None Available
Alcantara-Torres Oscar I $452,000 None Available
Alcantara-Torres Oscar I $452,000 None Available
Coljack Development Corp $360,000 None Available
Coljack Development Corp $360,000 None Available
Coljack Development Corp $360,000 None Available
Durand Ft -- --
Durand Ft -- --
Ding Xiang $145,000 --
Ding Xiang $145,000 --
Durand Raymond R -- --
Durand Raymond R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alcantara-Torres Oscar I $443,813
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/20/2021 10/20/21 Sold $452,000 +2.8% $174 / Sq Ft
06/29/2021 06/29/21 Pending -- -- --
06/21/2021 06/21/21 For Sale $439,800 +22.2% $170 / Sq Ft
06/14/2021 06/14/21 Sold $360,000 -6.5% $139 / Sq Ft View Prior Sale
05/07/2021 05/07/21 Pending -- -- --
05/03/2021 05/03/21 For Sale $385,000 -- $149 / 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 $6,387 $556,400 $130,600 $425,800
2024 $5,869 $492,800 $116,600 $376,200
2023 $5,370 $432,400 $94,300 $338,100
2022 $4,915 $387,300 $81,500 $305,800
2021 $4,558 $338,600 $70,900 $267,700
2020 $4,405 $329,700 $83,000 $246,700
2019 $4,020 $286,300 $69,100 $217,200
2018 $3,461 $260,200 $65,800 $194,400
2017 $3,460 $231,900 $54,600 $177,300
2016 $3,455 $227,900 $50,600 $177,300
2015 $3,176 $205,200 $50,600 $154,600
2013 $2,831 $188,600 $58,300 $130,300
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Stephen Lawrenson

    Stephen Lawrenson Real Estate

    (978) 866-5874

    11 in this area

    68 Total Sales

    Stephen Lawrenson
    Section Image

  • R

    Seller's Agent in 2021

    Renee Boyle

    Renee L. Boyle Real Estate

    Section Image

  • C

    Buyer's Agent in 2021

    Chinatti Realty Group

    Chinatti Realty Group, Inc.

    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72853357

MLS Property Information Network (MLS PIN)

APN: LOWE-000133-003455-000878

Massachusetts Middlesex County Lowell 01850 Centralville

878 Lakeview Ave, Lowell, MA

Not Listed for Sale

MultiFamily

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