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1506 Gorham St # 208, Lowell MA 01852

Lowell, MA 01852
$350,000
Est. $2,701/month
2
Beds
1.5
Baths
1,338
Sq Ft
$262
Price/Sq Ft
1986
Year Built
2
Days on Market
Closed Listed Feb 21, 2025 • MLS# 73337095 Copied!

About this home

Welcome to easy, low-maintenance living in the desirable Concord Meadows community near the Chelmsford line! Whether you're downsizing or seeking a hassle-free lifestyle, this Spacious 2-bedroom, 1.5-bath condo is the perfect fit.Assigned heated garage space with elevator access—no stairs required! The large kitchen features a pantry and in-unit laundry, flowing into an open-concept living and dining area. Step outside onto your private balcony, perfect for unwinding in the fresh air.The oversized primary bedroom (230+ sq. ft.) boasts double closets and a private half bath. The second bedroom is ideal for guests or a home office, with an updated full bath nearby.Recent updates include a gas furnace, central AC, water heater, washer, dryer, garbage disposal, and full bath—all within 3.5 years.With easy access to RTE 495, the Lowell Connector, shopping, dining, and medical facilities, this home offers both tranquility and convenience! Offer deadline 2/24@10am, Agent related to Seller.

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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
1,338 sq ft
Total Rooms
5
Stories
1
Entry Level
2

Sale Statistics

Sale Overview
Original List Price: $330,000
Final Sale Price: $350,000
Difference: +$20,000 (+6.1%)
Performance Metrics
106.1%
List to Sale Ratio
Sold above asking price
2
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $247
Sale $/sq ft: $262
This property sold for $262 per square foot
Sale Summary

This property sold for 6.1% above the original asking price, indicating strong buyer demand.

With only 2 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

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

This Property
$262/sq ft
Area Average
$283/sq ft
Difference
7.4%

This property sold near the area average for similar homes.

Facts & Features

1 Car Garage
Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1986
Living Area 1,338 sq ft
Bedrooms 2
Full Baths 1
Half Baths 1
Total Rooms 5

Interior

Heating Forced Air, Natural Gas
Cooling Central Air
Flooring None
Appliances Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Fireplace None
Basement N
Laundry None
Features None

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
Total Spaces 2

Utilities

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

Financial

Annual Tax $2,949
Assessed Value $247,600

Interior Features

Flooring:
Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Interior Features:
Windows:
Basement: N
Laundry:
Security: Intercom

Construction & Materials

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

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas
Cooling: Central Air
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

Location

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Neighborhood

1506 Gorham St # 208, Lowell MA 01852

Lowell, MA 01852

Walkability

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Nearby Schools

School information not available for this location.

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 $246
Homeowners Insurance $200
HOA Fee $485/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

5.7%
Price Range
4
Total Days on Market

Property Timeline

Sold
Mar 17, 2025
$350,000
Property sold
Days on Market: 4
🏠
Listed for Sale
Feb 21, 2025
$330,000
Original listing
Agent: Mari Keegan Office: Berkshire Hathaway HomeServices Verani Realty

Price & Status History

Date Event Price Change
Feb 21, 2025 New Listing Added $330,000

Market Statistics

Days on Market
2 days
Price per Sq Ft
$262

Tax History

Year Taxes Assessment
2024 $2,949 $247,600

Financial Details

Annual Property Tax
$2,949
Tax Year 2024
HOA Fee
$485
Monthly
Assessed Value
$247,600

Listing Information

Listing Agent Mari Keegan
Agent MLS ID CN206545
Office MLS ID AN0989
Listing Data Updated Mar 18, 2025 8:12 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

Real-time market trends and pricing data for this area

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