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41 School Street # B, Lowell MA 01854

Lowell, MA 01854
$310,000
Est. $2,346/month
3
Beds
1
Baths
1,176
Sq Ft
$264
Price/Sq Ft
1900
Year Built
22
Days on Market
Closed Listed Mar 22, 2024 • MLS# 73215537 Copied!

About this home

Three bedroom Townhouse style conversion. Excellent for owner occupied or investment property for Student housing (walking distance to Campuses). Fireplace living room/ cathedral ceilings. Hardwood flooring. Main Bedroom has skylights and roof top deck overlooking the river. Custom kitchen with granite countertops. Two new Mini split heating and cooling systems. Storage and laundry hook-ups in basement. Abuts park on the Merrimack,

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1900
Bedrooms
3
Full Bathrooms
1
Living Area
1,176 sq ft
Total Rooms
5
Stories
2
Entry Level
2

Sale Statistics

Sale Overview
Original List Price: $305,000
Final Sale Price: $310,000
Difference: +$5,000 (+1.6%)
Performance Metrics
101.6%
List to Sale Ratio
Sold above asking price
22
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $259
Sale $/sq ft: $264
This property sold for $264 per square foot
Sale Summary

This property sold for 1.6% 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 5 similar properties sold within 0.5 miles in the last 90 days

This Property
$264/sq ft
Area Average
$307/sq ft
Difference
14.0%

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

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1900
Living Area 1,176 sq ft
Bedrooms 3
Full Baths 1
Total Rooms 5

Interior

Heating Electric, Wood Stove, Ductless
Cooling Ductless
Flooring Hardwood
Appliances Range, Dishwasher, Microwave, Refrigerator
Fireplace Living Room
Fireplaces 1
Basement Y
Laundry In Building
Features None

Exterior

Construction Frame
Architecture None
Roof None
Features Deck - Roof, City View(s)
Pool None
Spa None
Fencing None
Patio/Porch Deck - Roof

Parking

Features Off Street, Assigned
Total Spaces 2

Utilities

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

Financial

Annual Tax $2,858
Assessed Value $239,600

Interior Features

Flooring: Hardwood
Appliances: Range, Dishwasher, Microwave, Refrigerator
Interior Features:
Windows:
Basement: Y
Laundry: In Building
Security:

Construction & Materials

Year Built: 1900
Effective Year (Renovated): 1980
Structure Type: Townhouse, Loft
Exterior Materials: Frame
Roof:
Foundation:
Stories: 2

Heating, Cooling & Utilities

Heating: Electric, Wood Stove, Ductless
Heating Zones: 2
Cooling: Ductless
Cooling Zones: 2
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Deck - Roof, City View(s)
Patio & Porch: Deck - Roof
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 2
Parking Features: Off Street, Assigned

Special Features

Fireplaces: 1
Fireplace Type: Living Room
View: Yes
View Type: City
Community Amenities: Public Transportation, University

Location

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Neighborhood

41 School Street # B, Lowell MA 01854

Lowell, MA 01854

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 $238
Homeowners Insurance $200
HOA Fee $340/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

1.6%
Price Range
24
Total Days on Market

Property Timeline

Sold
May 3, 2024
$310,000
Property sold
Days on Market: 24
🏠
Listed for Sale
Mar 22, 2024
$305,000
Original listing
Agent: Gary Trouville Office: LAER Realty Partners

Price & Status History

Date Event Price Change
Mar 22, 2024 New Listing Added $305,000

Market Statistics

Days on Market
22 days
Price per Sq Ft
$264

Tax History

Year Taxes Assessment
2024 $2,858 $239,600

Financial Details

Annual Property Tax
$2,858
Tax Year 2024
HOA Fee
$340
Monthly
Assessed Value
$239,600

Listing Information

Listing Agent Gary Trouville
Listing Office LAER Realty Partners
Agent MLS ID D0006010
Office MLS ID AN1201
Listing Data Updated May 5, 2024 11:33 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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