Seller's Agent in 2023
Kevin Durkin
Laer Realty
(978) 815-4967
5 in this area
66 Total Sales
316 Westford St Lowell, MA 01851
Lower Highlands NeighborhoodEstimated Value: $564,754 - $588,000
7
Beds
3
Baths
3,744
Sq Ft
$153/Sq Ft
Est. Value
Highlights
- Property is near public transit
- Corner Lot
- Park
- Wood Flooring
- Porch
- Shops
About This Home
As of December 2023Huge price adjustment!!! Mixed use, rental income property, with a Thrift shop with a full bath on the first floor and two spacious apartments on the second and third floor. The second floor apartment has three bedrooms with pantry style kitchen and a full bath and living room. The third floor apartment has 4 bedrooms, a kitchen and full bath. All three units have newer Rinnai tankless furnace's and the rubber roof is approximately 7-8 yrs old. All rent could be much higher but all all long term tenants.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,400
Year Built
- Built in 1910 | Remodeled
Lot Details
- 2,111 Sq Ft Lot
- Corner Lot
Home Design
- Stone Foundation
- Frame Construction
- Rubber Roof
Interior Spaces
- 3,744 Sq Ft Home
- Insulated Windows
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 7 Bedrooms
- 3 Full Bathrooms
Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- 3 Car Parking Spaces
- Open Parking
Outdoor Features
- Porch
Location
- Property is near public transit
- Property is near schools
Utilities
- 3 Heating Zones
- Heating Available
- 100 Amp Service
- Natural Gas Connected
Listing and Financial Details
- Total Actual Rent $5,100
- Rent includes unit 1(water), unit 2(water), unit 3(heat gas water hot water)
- Assessor Parcel Number M:122 B:6285 L:316,3183327
Community Details
Overview
- 3 Units
- Property has 1 Level
Amenities
- Shops
- Coin Laundry
Recreation
- Park
Building Details
- Electric Expense $500
- Insurance Expense $4,100
- Water Sewer Expense $1,250
- Operating Expense $10,950
- Net Operating Income $50,050
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 4, 2024
Sold by
316-318 Westford St T and Eang
Bought by
Eang Odom and Dang Tram
Total Days on Market
427
Current Estimated Value
Purchase Details
Closed on
Jun 23, 1993
Sold by
Brown Gloria J and Federal Deposit Insurance Corporation
Bought by
Kozombolis Nicholas
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.37%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Eang Odom | -- | None Available | |
| Eang Odom | -- | None Available | |
| Kozombolis Nicholas | $60,000 | -- | |
| Kozombolis Nicholas | $60,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | 316-318 Westford St T | $385,000 | |
| Previous Owner | Kozombolis Nicholas | $15,450 | |
| Previous Owner | Kozombolis Nicholas | $100,000 | |
| Previous Owner | Kozombolis Nicholas | $50,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/08/2023 12/08/23 | Sold | $550,000 | 0.0% | $147 / Sq Ft |
| 11/01/2023 11/01/23 | Price Changed | $550,000 | -20.3% | $147 / Sq Ft |
| 10/31/2023 10/31/23 | Pending | -- | -- | -- |
| 11/18/2022 11/18/22 | Price Changed | $689,900 | -5.5% | $184 / Sq Ft |
| 11/18/2022 11/18/22 | For Sale | $729,900 | +32.7% | $195 / Sq Ft |
| 11/17/2022 11/17/22 | Off Market | $550,000 | -- | -- |
| 08/29/2022 08/29/22 | For Sale | $729,900 | -- | $195 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $0 | $419,800 | $157,400 | $262,400 |
| 2024 | $0 | $398,200 | $147,100 | $251,100 |
| 2023 | $4,511 | $363,200 | $128,000 | $235,200 |
| 2022 | $0 | $344,700 | $116,300 | $228,400 |
| 2021 | $0 | $318,200 | $101,200 | $217,000 |
| 2020 | $3,948 | $295,500 | $101,200 | $194,300 |
| 2019 | $0 | $281,200 | $93,700 | $187,500 |
| 2018 | $0 | $260,800 | $89,200 | $171,600 |
| 2017 | $0 | $245,900 | $81,100 | $164,800 |
| 2016 | -- | $213,000 | $77,200 | $135,800 |
| 2015 | -- | $213,000 | $77,200 | $135,800 |
| 2013 | $4,355 | $198,900 | $90,300 | $108,600 |
Source: Public Records
Agents Affiliated with this Home
-
Kevin Durkin
-
Paul-Ratha Yem
Buyer's Agent in 2023
Paul-Ratha Yem
Global Realty Network, Inc.
(617) 459-3000
11 in this area
44 Total Sales
Map
Similar Homes in Lowell, MA
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73030229
APN: LOWE-000122-006285-000316
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
Nearby Homes
- 43 Hastings St
- 613 School St
- 96 Grove St
- 110 Branch St Unit 7
- 211 Westford St
- 117 Liberty St
- 193 Smith St
- 987 Middlesex St
- 712 School St
- 210 Smith St Unit 9
- 15 Barclay St
- 114 Warwick St
- 12 Puffer St
- 1117 Middlesex St
- 99 Westford St
- 342 Stevens St
- 6 Mcintyre St
- 97 Livingston Ave
- 30 Angle St Unit 35
- 242 Parker St