NOT LISTED FOR SALE

Estimated Value: $792,000 - $888,000

9 Beds
3 Baths
3,248 Sq Ft
$252/Sq Ft Est. Value

Last Sold September 27, 2024

Last sale price $765,000 $236 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,984/month

7 Days on Market

Highlights

  • Medical Services
  • Property is near public transit
  • Jogging Path
  • Deck
  • Tennis Courts
  • 5-minute walk to George McDermott Reservoir

About This Home

As of September 2024

**Offers will be reviewed Monday, August 19th at 2pm** Wonderful opportunity to add this 3 family cash cow to your portfolio. 9 total beds and 3 full baths with off street parking, back yard, and common laundry in a great commuter location just outside of downtown Lowell. Unit 1 is on the main level with a long term TAW, recently updated with new floors and fresh paint features 4 beds, 1 full bath, living room, kitchen and plenty of storage. Unit 2 was renovated with new appliances, floors, paint and windows. The vacant unit features 3 beds, 1 full bath and an open concept kitchen/living room. Unit 3 is a multi level unit with long term TAW - the kitchen, living room and bathroom on the 2nd floor and 2 generous size bedrooms on the 3rd floor. The common area on the 2nd floor has a laundry room. Group Showings On Sunday at 11-12am Buyers and Agents are welcome.

Last Agent to Sell the Property

Christopher Gianatassio

CDG Realty Group Listed on: 08/13/2024

Last Buyer's Agent

Fernando Perez

Cameron Real Estate Group

Cameron Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,281

Year Built

  • Built in 1880

Lot Details

  • 5,227 Sq Ft Lot
  • Near Conservation Area

Home Design

  • Triplex
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,248 Sq Ft Home
  • Unfinished Basement
  • Block Basement Construction
  • Washer and Electric Dryer Hookup

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Parking

  • 4 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Location

  • Property is near public transit
  • Property is near schools

Additional Features

  • Deck
  • 3 Heating Zones

Listing and Financial Details

  • Total Actual Rent $6,350
  • Assessor Parcel Number M:197 B:5675 L:89,3192552

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Tennis Courts
  • Park
  • Jogging Path
  • Bike Trail

Building Details

  • Electric Expense $600
  • Insurance Expense $1,800
  • Water Sewer Expense $2,000
  • Operating Expense $6,900
  • Net Operating Income $76,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,281

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Year Built: 1880
  • Buyer Agency: 2.0
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 5

Interior Features

  • Flooring: Vinyl, Carpet
  • Interior Amenities: Laundry Room
  • Fireplace YN: No
  • Total Bedrooms: 9
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Basement: Concrete, Unfinished
  • Living Area: 3248
  • Spa YN: No
  • Stories Total: 5
  • MAIN LO: AN7761
  • LIST PRICE PER Sq Ft: 230.6
  • PRICE PER Sq Ft: 235.53
  • MAIN SO: AC0756

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Deck
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Oven, for Electric Dryer, Washer Hookup
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 2000

Lot Info

  • Parcel Number: M:197 B:5675 L:89,3192552
  • Zoning: TTF
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Size Sq Ft: 5227
  • Lot Size Units: Acres
  • PAGE: 278
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 7281
  • Tax Book Number: 36970

Multi Family

  • Electric Expense: 600
  • Gross Income: 76200
  • Insurance Expense: 1800
  • Net Operating Income: 76200
  • Number Of Units Total: 3
  • Operating Expense: 6900
  • Total Actual Rent: 6350
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 2
  • LEASE 3: Y
  • LEASE 2: N
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 3: 2
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2022
Closed on
Apr 11, 2022
Sold by
Labour Manuel
Bought by
Gianatassio Christopher P and Gianatassio Danielle M
Seller's Agent
Edwin Romero
eXp Realty
Buyer's Agent
Edwin Romero
eXp Realty
List Price
$619,900
Sold Price
$665,000
Premium/Discount to List
$45,100
7.28%
Current Estimated Value
$819,593

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,593
Avg. Annual Appreciation
6.17%
Original Mortgage
$491,250
Outstanding Balance
$463,659
Interest Rate
4.72%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$355,934

Purchase Details

Closed on
Mar 1, 2019
Sold by
Ccsr Llc
Bought by
Labour Manuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,500
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 3, 2014
Closed on
Oct 24, 2014
Sold by
Conserva Matthew E
Bought by
Ccsr Llc
Seller's Agent
Dianna Doherty
Re/Max Innovative Properties
Buyer's Agent
Tom Golden
RE/MAX Innovative Properties
List Price
$299,900
Sold Price
$299,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.61%
Original Mortgage
$299,900
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 31, 2003
Sold by
Regan John E and Golden Thomas A
Bought by
Conserva Matthew E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 3, 1997
Sold by
Prms Inc
Bought by
Golden Thomas

Purchase Details

Closed on
Aug 1, 1997
Sold by
Mrs P Rt and Fuller Michael E
Bought by
Prms Inc

Purchase Details

Closed on
Jul 3, 1997
Sold by
Paradis Kenneth J and Allison Susan V
Bought by
Mrs P Rt and Fuller Michael
Source: Public Records

Range of Values:

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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
Gianatassio Christopher P $665,000 None Available
Labour Manuel $450,000 --
Ccsr Llc $299,900 --
Conserva Matthew E $345,000 --
Conserva Matthew E $345,000 --
Golden Thomas $125,000 --
Golden Thomas $125,000 --
Prms Inc $18,000 --
Prms Inc $18,000 --
Mrs P Rt $17,500 --
Mrs P Rt $17,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gianatassio Christopher P $491,250
Previous Owner Labour Manuel $427,500
Previous Owner Ccsr Llc $299,900
Previous Owner Conserva Matthew E $276,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/27/2024 09/27/24 Sold $765,000 +2.1% $236 / Sq Ft
08/20/2024 08/20/24 Pending -- -- --
08/13/2024 08/13/24 For Sale $749,000 +12.6% $231 / Sq Ft
04/11/2022 04/11/22 Sold $665,000 +7.3% $205 / Sq Ft View Prior Sale
03/11/2022 03/11/22 Pending -- -- --
03/08/2022 03/08/22 For Sale $619,900 +106.7% $191 / Sq Ft
10/24/2014 10/24/14 Sold $299,900 0.0% $93 / Sq Ft View Prior Sale
09/24/2014 09/24/14 Pending -- -- --
09/03/2014 09/03/14 For Sale $299,900 -- $93 / 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 $7,447 $648,700 $128,700 $520,000
2024 $7,281 $611,300 $106,900 $504,400
2023 $7,146 $575,400 $93,000 $482,400
2022 $6,500 $512,200 $74,000 $438,200
2021 $5,609 $416,700 $64,300 $352,400
2020 $5,142 $384,900 $64,300 $320,600
2019 $4,934 $351,400 $55,300 $296,100
2018 $4,248 $312,000 $52,700 $259,300
2017 $4,188 $280,700 $44,200 $236,500
2016 $3,954 $260,800 $46,300 $214,500
2015 $3,585 $231,600 $47,700 $183,900
2013 $3,131 $208,600 $57,400 $151,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73276862

MLS Property Information Network (MLS PIN)

APN: LOWE-000197-005675-000089