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1506 Gorham Street # 101, Lowell MA 01852

Lowell, MA 01852
$240,000
Est. $1,984/month
2
Beds
1.5
Baths
1,008
Sq Ft
$238
Price/Sq Ft
1986
Year Built
11
Days on Market
Closed Listed Jul 13, 2022 • MLS# 73011780 Copied!

About this home

Offers due Monday at 4 PM. Spacious open concept unit at well maintained Concord Meadows. This condominium offers in-unit laundry, 1 & 1/2 baths, Underground garage parking, and an elevator! Enter unit through a pleasant voyer area which leads to kitchen, open to dining room and living room with slider to balcony. Large Main bedroom has walk-in closet and 1/2 bath. 2nd bedroom also has lots of space and double closet. In addition to underground garage the complex has ample parking for you and your guests. Concord Meadows is located in a very convenient location close to public transportation, highway and more.

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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
5
Stories
1
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $230,000
Final Sale Price: $240,000
Difference: +$10,000 (+4.3%)
Performance Metrics
104.3%
List to Sale Ratio
Sold above asking price
11
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $228
Sale $/sq ft: $238
This property sold for $238 per square foot
Sale Summary

This property sold for 4.3% above the original asking price, indicating strong buyer demand.

With only 11 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 6 similar properties sold within 0.5 miles in the last 90 days

This Property
$238/sq ft
Area Average
$279/sq ft
Difference
14.8%

This property sold below the area average, potentially representing good value for the buyer.

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 5

Interior

Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Tile, Carpet
Appliances Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Basement N
Laundry Flooring - Stone/ceramic Tile, Gas Dryer Hookup, Washer Hookup, First Floor
Features None

Exterior

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

Parking

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

Utilities

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

Financial

Annual Tax $2,166
Assessed Value $160,900

Interior Features

Flooring: Tile, Carpet
Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Interior Features:
Windows:
Basement: N
Laundry: Flooring - Stone/Ceramic Tile, Gas Dryer Hookup, Washer Hookup, First Floor
Security: Intercom

Construction & Materials

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

Heating, Cooling & Utilities

Heating: 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

Location

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Neighborhood

1506 Gorham Street # 101, 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 $180
Homeowners Insurance $200
HOA Fee $390/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

28.1%
Price Range
16
Total Days on Market
1
Previous Sales

Property Timeline

Previous Transaction - MLS #73219349
Full transaction history available when tracking began
🏷️
Previously Sold
Jun 21, 2024
$320,000
MLS #73219349
Sold
Aug 25, 2022
$240,000
Property sold
Days on Market: 16
🏠
Listed for Sale
Jul 13, 2022
$230,000
Original listing
Agent: Joan Kelly Office: Sterling Stone R. E., Inc.

Price & Status History

Date Event Price Change
Jun 21, 2024 Sold $320,000
Jul 13, 2022 New Listing Added $230,000

Market Statistics

Days on Market
11 days
Price per Sq Ft
$238

Tax History

Year Taxes Assessment
2021 $2,166 $160,900

Financial Details

Annual Property Tax
$2,166
Tax Year 2021
HOA Fee
$390
Monthly
Assessed Value
$160,900

Listing Information

Listing Office Sterling Stone R. E., Inc.
Agent MLS ID CT002276
Office MLS ID D95047
Listing Data Updated Aug 26, 2022 8:23 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

1506 Gorham Street # 101, Lowell MA 01852 - Photo 1 1506 Gorham Street # 101, Lowell MA 01852 - Photo 2 1506 Gorham Street # 101, Lowell MA 01852 - Photo 3 1506 Gorham Street # 101, Lowell MA 01852 - Photo 4 1506 Gorham Street # 101, Lowell MA 01852 - Photo 5 1506 Gorham Street # 101, Lowell MA 01852 - Photo 6 1506 Gorham Street # 101, Lowell MA 01852 - Photo 7 1506 Gorham Street # 101, Lowell MA 01852 - Photo 8 1506 Gorham Street # 101, Lowell MA 01852 - Photo 9 1506 Gorham Street # 101, Lowell MA 01852 - Photo 10 1506 Gorham Street # 101, Lowell MA 01852 - Photo 11 1506 Gorham Street # 101, Lowell MA 01852 - Photo 12 1506 Gorham Street # 101, Lowell MA 01852 - Photo 13 1506 Gorham Street # 101, Lowell MA 01852 - Photo 14 1506 Gorham Street # 101, Lowell MA 01852 - Photo 15 1506 Gorham Street # 101, Lowell MA 01852 - Photo 16 1506 Gorham Street # 101, Lowell MA 01852 - Photo 17 1506 Gorham Street # 101, Lowell MA 01852 - Photo 18 1506 Gorham Street # 101, Lowell MA 01852 - Photo 19 1506 Gorham Street # 101, Lowell MA 01852 - Photo 20 1506 Gorham Street # 101, Lowell MA 01852 - Photo 21 1506 Gorham Street # 101, Lowell MA 01852 - Photo 22 1506 Gorham Street # 101, Lowell MA 01852 - Photo 23 1506 Gorham Street # 101, Lowell MA 01852 - Photo 24
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