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1506 Gorham St # 101, Lowell MA 01852

Lowell, MA 01852
$320,000
Est. $2,485/month
2
Beds
1.5
Baths
1,008
Sq Ft
$317
Price/Sq Ft
1986
Year Built
46
Days on Market
Closed Listed Apr 11, 2024 • MLS# 73219349 Copied!

About this home

Beautifully renovated 2 bedroom condo at Concord Meadows. A large hallway welcomes you as you enter the unit. On the right, there's a closet for your in-unit washer and dryer. The main area is an open concept dining area and living room with a slider to a private balcony. The kitchen is completely updated with beautiful gray cabinets, granite countertops and stainless steel appliances. Nice updated laminate flooring. There are 2 bedrooms. The primary is a very generous size and has an updated 1/2 bath. The full bath is also updated with new flooring, vanity and fixtures. Additional features: central heat/AC, underground heated garate and plenty of visitor parking. New heating/AC unit in 2023. Located on the Lowell/Chelmsford/Billerica line with easy access to Lowell Connector, Route 3 and 495.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1986
Bedrooms
2
Full Bathrooms
1
Half Bathrooms
1
Living Area
1,008 sq ft
Total Rooms
4
Stories
1
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $295,900
Final Sale Price: $320,000
Difference: +$24,100 (+8.1%)
Performance Metrics
108.1%
List to Sale Ratio
Sold above asking price
46
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $294
Sale $/sq ft: $317
This property sold for $317 per square foot
Sale Summary

This property sold for 8.1% above the original asking price, indicating strong buyer demand.

The property spent 46 days on market before selling.

Nearby Sales Comparison

Based on 8 similar properties sold within 0.5 miles in the last 90 days

This Property
$317/sq ft
Area Average
$283/sq ft
Difference
+12.0%

This property sold for significantly more per square foot than similar nearby properties, suggesting premium features or condition.

Facts & Features

1 Car Garage
Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1986
Living Area 1,008 sq ft
Bedrooms 2
Full Baths 1
Half Baths 1
Total Rooms 4

Interior

Heating Central, Forced Air, Natural Gas
Cooling Central Air
Flooring Tile, Carpet, Laminate
Appliances Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Basement N
Laundry First Floor, In Unit
Features Entry Hall, Elevator

Exterior

Construction None
Architecture None
Roof None
Features Balcony
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Garage Spaces 1
Has Garage Yes
Features Under, Off Street, Assigned
Total Spaces 2

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range

Financial

Annual Tax $2,504
Assessed Value $201,600

Interior Features

Flooring: Tile, Carpet, Laminate
Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Interior Features: Entry Hall, Elevator
Windows:
Basement: N
Laundry: First Floor, In Unit
Security: Intercom

Construction & Materials

Year Built: 1986
Structure Type: Garden
Exterior Materials:
Roof:
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Central, Forced Air, Natural Gas
Heating Zones: 1
Cooling: Central Air
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Balcony
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Garage Spaces: 1
Garage Type: Attached
Total Parking Spaces: 2
Parking Features: Under, Off Street, Assigned

Location

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Neighborhood

1506 Gorham St # 101, Lowell MA 01852

Lowell, MA 01852

Walkability

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Nearby Schools

School District
Lowell School District local
C-
School Safety 2024-25
3.0% Above Average
2.8% Suspensions 0.8% In-School 0.2% Emergency
2.5% below state avg
E

Elementary Schools

10 schools
B
Pyne Arts School
1.1 mi | #174 of 352 | Score: 42.6
Improved 52 spots from last year
-15.6 below state avg
462 students Diverse
Rising School Diverse Student Body
Grades PK-08
B
Rogers STEM Academy
1.6 mi | #8 of 16 | Score: 33.9
Improved 265 spots from last year
-24.3 below state avg
892 students Diverse
Rising School Diverse Student Body
Grades K-08
Lowell Catholic School
1.6 mi
Grades PK-12
B
Lowell Community Charter Public School
1.9 mi | #158 of 352 | Score: 43.9
Improved 29 spots from last year
-14.3 below state avg
816 students Diverse
Rising School Diverse Student Body
Grades PK-08
Immaculate Conception School
2.0 mi
Grades PK-08
Hellenic American Academy
2.1 mi
Grades PK-08
Community Christian Academy
2.2 mi
Grades PK-12
St. Patrick School and Educational Center
2.3 mi
Grades PK-08
C
Bartlett Community Partnership School
2.5 mi | #266 of 352 | Score: 34.8
Improved 20 spots from last year
-23.4 below state avg
408 students Very Diverse
Rising School Diverse Student Body
Grades PK-08
St. Michael Elementary School
2.5 mi
Grades PK-08
M

Middle Schools

7 schools
C-
Benjamin F. Butler Middle School
0.7 mi | #303 of 352 | Score: 31.0
Dropped 47 spots from last year
-27.2 below state avg
516 students Very Diverse
Diverse Student Body
Grades 05-08
Laura Lee Therapeutic Day School
1.3 mi
15 students Diverse
Diverse Student Body
Grades 01-08
B+
James S Daley Middle School
1.9 mi | #120 of 352 | Score: 47.3
Improved 55 spots from last year
-10.9 below state avg
669 students Diverse
Rising School Diverse Student Body
Grades 05-08
C
James Sullivan Middle School
2.0 mi | #267 of 352 | Score: 34.8
Improved 38 spots from last year
-23.5 below state avg
625 students Diverse
Rising School Diverse Student Body
Grades 05-08
B-
Kathryn P. Stoklosa Middle School
2.2 mi | #198 of 352 | Score: 40.6
Improved 18 spots from last year
-17.6 below state avg
613 students Diverse
Diverse Student Body
Grades 05-08
C-
Henry J Robinson Middle School
3.0 mi | #288 of 352 | Score: 32.5
Improved 31 spots from last year
-25.7 below state avg
600 students Diverse
Rising School Diverse Student Body
Grades 05-08
C
Dr. An Wang School
3.3 mi | #255 of 352 | Score: 35.9
Improved 38 spots from last year
-22.3 below state avg
663 students Very Diverse
Rising School Diverse Student Body
Grades 05-08
H

High Schools

4 schools
D
Leblanc Therapeutic Day School
1.6 mi | #376 of 346 | Score: 32.8
Same rank as last year
36 students Diverse
Diverse Student Body
Grades 09-12
F
The Career Academy
1.7 mi | #25 of 25 | Score: 14.1
Improved 363 spots from last year
-44.1 below state avg
83 students Diverse
Rising School Diverse Student Body
Grades 09-12
F
Lowell Middlesex Academy Charter School
2.1 mi | #339 of 346 | Score: 21.1
Improved 7 spots from last year
-37.1 below state avg
126 students Diverse
College Ready Curriculum Diverse Student Body
Grades 09-12
Old Colony Y Lowell Revocation Program
2.3 mi
Grades 09-12
Learn about these ratings

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $209
Homeowners Insurance $200
HOA Fee $458/mo
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

7.5%
Price Range
10
Total Days on Market

Property Timeline

Sold
Jun 21, 2024
$320,000
Property sold
Days on Market: 10
🏠
Listed for Sale
Apr 11, 2024
$295,900
Original listing
Agent: The Prime Team Office: eXp Realty

Price & Status History

Date Event Price Change
Apr 11, 2024 New Listing Added $295,900

Market Statistics

Days on Market
46 days
Price per Sq Ft
$317

Tax History

Year Taxes Assessment
2023 $2,504 $201,600

Financial Details

Annual Property Tax
$2,504
Tax Year 2023
HOA Fee
$458
Monthly
Assessed Value
$201,600

Listing Information

Listing Office eXp Realty
Agent MLS ID TM332340
Office MLS ID AC0342
Listing Data Updated Jun 22, 2024 9:34 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Market Analytics for Lowell, MA

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