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240 Jackson St # 621, Lowell MA 01852

Lowell, MA 01852
$350,000
Est. $2,614/month
1
Beds
1.5
Baths
1,187
Sq Ft
$295
Price/Sq Ft
1950
Year Built
22
Days on Market
Closed Listed Apr 18, 2024 • MLS# 73225566 Copied!

About this home

Highly sought after penthouse unit at Mill #5. This is industrial chic at its best in this rarely available floor plan with exposed brick walls and beamed ceilings accenting gorgeous bamboo floors. This spacious unit offers two levels of living space and an open concept layout. The kitchen is warm and inviting with granite countertops and stainless appliances, a breakfast bar and a dining area with shiplap accent wall and skylight. The lower level bedroom is a sanctuary with a massive custom closet and a full bathroom. In-unit laundry and 2 ductless mini splits for AC complete this stunning space. Famous for its 4th floor indoor streetscape of salvaged storefronts with great coffee, a movie theater, shopping and farmer’s market. Minutes to the commuter rail, Tsongas arena, downtown, bus lines, shopping and restaurants. Easy access to Rt 3 and 495. Open Saturday 4/27 1:00-2:30.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1950
Bedrooms
1
Full Bathrooms
1
Half Bathrooms
1
Living Area
1,187 sq ft
Total Rooms
4
Stories
2
Entry Level
6

Sale Statistics

Sale Overview
Original List Price: $345,000
Final Sale Price: $350,000
Difference: +$5,000 (+1.4%)
Performance Metrics
101.4%
List to Sale Ratio
Sold above asking price
22
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $291
Sale $/sq ft: $295
This property sold for $295 per square foot
Sale Summary

This property sold for 1.4% above the original asking price, indicating strong buyer demand.

With only 22 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 20 similar properties sold within 0.5 miles in the last 90 days

This Property
$295/sq ft
Area Average
$207/sq ft
Difference
+42.4%

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

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1950
Living Area 1,187 sq ft
Bedrooms 1
Full Baths 1
Half Baths 1
Total Rooms 4

Interior

Heating Baseboard
Cooling Ductless
Flooring Tile, Carpet, Hardwood
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Basement N
Laundry Electric Dryer Hookup, Washer Hookup, First Floor, In Unit
Features Walk-in Closet(s), Closet/cabinets - Custom Built

Exterior

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

Parking

Features None

Utilities

Electric 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range

Financial

Annual Tax $3,384
Assessed Value $272,500

Interior Features

Flooring: Tile, Carpet, Hardwood
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features: Walk-In Closet(s), Closet/Cabinets - Custom Built
Windows:
Basement: N
Laundry: Electric Dryer Hookup, Washer Hookup, First Floor, In Unit
Security: Intercom

Construction & Materials

Year Built: 1950
Effective Year (Renovated): 2004
Structure Type: Loft
Exterior Materials: Brick
Roof:
Foundation:
Stories: 2

Heating, Cooling & Utilities

Heating: Baseboard
Heating Zones: 1
Cooling: Ductless
Cooling Zones: 2
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features: Thermostat

Exterior & Lot

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

Parking & Garage

Parking Features:

Location

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Neighborhood

240 Jackson St # 621, 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 $282
Homeowners Insurance $200
HOA Fee $362/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

1.4%
Price Range
24
Total Days on Market

Property Timeline

Sold
May 31, 2024
$350,000
Property sold
Days on Market: 24
🏠
Listed for Sale
Apr 18, 2024
$345,000
Original listing
Agent: Melissa Silva

Price & Status History

Date Event Price Change
Apr 18, 2024 New Listing Added $345,000

Market Statistics

Days on Market
22 days
Price per Sq Ft
$295

Tax History

Year Taxes Assessment
2023 $3,384 $272,500

Financial Details

Annual Property Tax
$3,384
Tax Year 2023
HOA Fee
$362
Monthly
Assessed Value
$272,500

Listing Information

Listing Agent Melissa Silva
Agent MLS ID CN205068
Office MLS ID AN7070
Listing Data Updated May 31, 2024 3:26 PM 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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