NOT LISTED FOR SALE

Estimated Value: $730,795 - $778,000

7 Beds
3 Baths
3,467 Sq Ft
$218/Sq Ft Est. Value

Last Sold September 15, 2022

Last sale price $640,000 $185 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $4,696/month

About This Home

As of September 2022

Finally, the real deal. A spectacular side by side 3 unit in well maintained building, in top shape close to the Lowell / Dracut line. It is large, spacious and a must see. Left side unit is huge townhouse style design with three levels of living space consisting of 8 rooms, 3-4 big bedrooms and a bath. All nice hardwood flooring, open concept living and dining area layout. Right side first floor has a one bedroom unit that was recently redone. The second floor, right side unit consists of a 5 room unit with 3 bedrooms and a bath. It has two levels of living space. Property is fully rented with tenants that would like to stay. Rents, which could be higher, are below current market. All units have separate utilities and tenants pay their own bill. It is vinyl sided, has a fenced in backyard, off street parking and on street permit. Property is located close to everything : shops, parks, schools, medical facilities, UMASS Lowell and much more. Great owner occupied or for the investor

Last Agent to Sell the Property

Salihu Mohammed

Dick Lepine Real Estate,Inc. Listed on: 07/01/2022

Last Buyer's Agent

Wayne Simmons

Dick Lepine Real Estate,Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,878

Year Built

  • Built in 1900

Lot Details

  • 3,877 Sq Ft Lot
  • Corner Lot

Home Design

  • Triplex
  • Stone Foundation

Interior Spaces

  • 3,467 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Parking

  • 6 Car Parking Spaces
  • On-Street Parking
  • Open Parking
  • Off-Street Parking

Utilities

  • 3 Heating Zones

Listing and Financial Details

  • Total Actual Rent $4,850

Community Details

Overview

  • 3 Units
  • Property has 3 Levels

Building Details

  • Net Operating Income $58,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,878

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Side by Side
  • Year Built: 1900
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Transaction Broker: 2
  • Transaction Broker Type: %
  • 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: 6

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 7
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full
  • Living Area: 3467
  • Stories Total: 6
  • MAIN LO: D49801
  • LIST PRICE PER Sq Ft: 190.34
  • PRICE PER Sq Ft: 184.6
  • MAIN SO: D49801

Exterior Features

  • Foundation Details: Stone
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Off Street, On Street
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Electric: Circuit Breakers
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • COOLING ZONES: 0

Lot Info

  • Zoning: TTF
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Size Sq Ft: 3877
  • Lot Size Units: Acres
  • PAGE: 260
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5878
  • Tax Book Number: 30549

Multi Family

  • Gross Income: 58200
  • Net Operating Income: 58200
  • Number Of Units Total: 3
  • Total Actual Rent: 4850
  • LEVELS 1: 3
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 2
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 2
  • FLRS 2: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2016
Closed on
Oct 17, 2016
Sold by
Paulino Leocadio
Bought by
Lynch Jean B
Seller's Agent
Mirta Guevara
Guevara Realty
Buyer's Agent
Hope Watt-Bucci
Coldwell Banker Realty - Manchester
List Price
$353,900
Sold Price
$330,000
Premium/Discount to List
-$23,900
-6.75%
Current Estimated Value
$756,449

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$426,449
Avg. Annual Appreciation
9.76%
Original Mortgage
$324,022
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 25, 2002
Sold by
Duffy Diana C
Bought by
Martinez Jorge A and Martinez Maria V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,900
Interest Rate
6.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 25, 2001
Sold by
Raneri Andrew J
Bought by
Duffy Diana C
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
Lynch Jean B $330,000 --
Martinez Jorge A $264,900 --
Martinez Jorge A $264,900 --
Duffy Diana C $200,000 --
Duffy Diana C $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 14 Elm Street Llc $480,000
Closed 14 Elm Street Llc $480,000
Closed Lynch Jean B $324,022
Previous Owner Martinez Jorge A $33,000
Previous Owner Martinez Jorge A $309,000
Previous Owner Martinez Jorge A $39,500
Previous Owner Martinez Jorge A $20,000
Previous Owner Martinez Jorge A $10,000
Previous Owner Martinez Jorge A $299,700
Previous Owner Duffy Diana C $264,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2022 09/15/22 Sold $640,000 -3.0% $185 / Sq Ft
07/01/2022 07/01/22 Pending -- -- --
07/01/2022 07/01/22 For Sale $659,900 +100.0% $190 / Sq Ft
10/17/2016 10/17/16 Sold $330,000 -4.0% $95 / Sq Ft
07/24/2016 07/24/16 Pending -- -- --
07/18/2016 07/18/16 Price Changed $343,900 -2.8% $99 / Sq Ft
06/24/2016 06/24/16 For Sale $353,900 -- $102 / 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 $6,982 $608,200 $119,100 $489,100
2024 $7,221 $606,300 $106,400 $499,900
2023 $6,386 $514,200 $86,100 $428,100
2022 $5,878 $463,200 $74,300 $388,900
2021 $5,080 $377,400 $64,700 $312,700
2020 $4,811 $360,100 $75,700 $284,400
2019 $4,571 $325,600 $63,000 $262,600
2018 $3,955 $289,900 $60,000 $229,900
2017 $3,881 $260,100 $49,800 $210,300
2016 $3,590 $236,800 $46,100 $190,700
2015 $3,396 $219,400 $46,100 $173,300
2013 $2,954 $196,800 $53,200 $143,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73006242

MLS Property Information Network (MLS PIN)

APN: LOWE-000132-003455-000930