$1,400,000
SOLD SEP 26, 2024
1.97 Acres
$710,660 Price per Acre
85,813 Sq Ft Lot

Recently Sold

$599 Per Sq Ft

7% Below List Price

58 Days on Market

Highlights

  • 1.97 Acre Lot
  • Property is near public transit
  • No HOA
  • Center Elementary School Rated A-
  • Wetlands on Lot
  • Jogging Path

About This Lot

As of September 2024

RARE OFFERING – Unique 2 Acre w/ 200+ feet of frontage Zoned Commercial Business (CB) on RT 110 Seconds from I495 Off Ramp. Parcel offers a variety of uses such as Fast Food Restaurant, DRIVE THRU Restaurant w/PB approval, Retail Store, Animal Clinic, Hotel/Motel, Retail Stores less than 10,000 sqft, Office, Medical, Explore town overlays such as the CEIOD or state 40B/40R regulations for possible High Density Housing Options. Sellers have hired an engineer to further explore other options. Property is currently occupied as a Two Family next to a Gas Station, Hotel, Large Senior Living Center & Large Retail Mall. Located on highly travelled route 110 between 495 and route 3. 2019 NMCOG traffic study shows 15,941 AADT. Excellent visibility and quick access from both Chelmsford & Lowell. Buyers are responsible for all due diligence & viability.

Last Agent to Sell the Property

Joseph Ready

Century 21 Your Way

Century 21 Your Way

Last Buyer's Agent

Robert Walsh

Lynnway Associates

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,479

Year Built

  • 1875

Lot Details

  • 1.97 Acre Lot
  • Property fronts a highway
  • Gentle Sloping Lot
  • Property is zoned CB

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Electricity To Lot Line

Listing and Financial Details

  • Assessor Parcel Number M:0063 B:0256 L:1,3906386

Community Details

Recreation

  • Jogging Path
  • Bike Trail
  • Electricity Available at Street
  • Wetlands on Lot

Additional Features

  • No Home Owners Association
  • Shops

Property Details

Property Type

Land

Est. Annual Taxes

$5,479

Year Built

1875

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Commercial
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Land
  • Special Features: None
  • Year Built: 1875

Interior Features

  • MAIN LO: AN7688
  • MAIN SO: AC0756

Exterior Features

  • Frontage Length: 215
  • Home Warranty YN: No
  • Road Frontage Type: Public, State Road, Highway
  • Road Surface Type: Paved
  • Waterfront YN: No
  • Waterview Flag: No

Utilities

  • Sewer: Public Sewer
  • Gas: On-Site, At Street
  • Electric: On-Site, At Street
  • Electricity On Property: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Shopping, Walk/Jog Trails, Bike Path, Highway Access, Public School, Sidewalks
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:0063 B:0256 L:1,3906386
  • Zoning: CB
  • Farm Land Area Units: Square Feet
  • Lot Features: Wetlands, Gentle Sloping
  • Lot Size Acres: 1.97
  • Lot Size Area: 1.97
  • Lot Size Sq Ft: 85813.2
  • Lot Size Units: Acres
  • PAGE: 504
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 5479
  • Tax Book Number: 1105

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2024 09/26/24 Sold $1,400,000 -6.7% $599 / Sq Ft
07/07/2023 07/07/23 Pending -- -- --
05/09/2023 05/09/23 For Sale $1,500,000 -- $642 / 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 $6,108 $439,400 $338,300 $101,100
2024 $5,921 $434,700 $338,300 $96,400
2023 $6,043 $420,500 $344,400 $76,100
2022 $5,870 $372,200 $300,800 $71,400
2021 $5,479 $348,100 $276,900 $71,200
2020 $5,025 $305,500 $246,800 $58,700
2019 $5,057 $309,300 $254,700 $54,600
2018 $4,862 $270,700 $218,900 $51,800
2017 $4,588 $256,000 $205,900 $50,100
2016 $4,598 $255,000 $205,900 $49,100
2015 $4,363 $233,300 $188,000 $45,300
2014 $4,295 $226,300 $181,500 $44,800
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,180,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Deed History

Date Type Sale Price Title Company
Deed -- --
Deed -- --
Source: Public Records

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73108899

MLS Property Information Network (MLS PIN)

APN: CHEL-000063-000256-000001