119 Sherman Street

119 Sherman Street has been categorized by the local assessors in Lowell, MA as a residential type of property. The building on the property was first built in 1904 and is 120 years old. The home has a total of 15 rooms. 6 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 3 stories. In addition, 119 Sherman Street has 4,913 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 7,500 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a style that we are currently unable to determine.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as average. The building has a gable style roof made of slate. The exterior walls of the building are made of wood siding. In terms of heating, it is utilizing a steam heating system and being fueled with gas. The property was last sold in Aug 20, 2021 for $750,000. That's $152.66 per sqft. Prior to that sales transaction, the property was also sold in Jan 1, 1970 for $220,000. 119 Sherman Street was last assessed in 2023. The total value of the property was assessed at $837,800. Specifically, the land the property is located on was valued at $134,500. While improvements on the property were assessed at a total of $703,300. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $10,405. The initial tax year of delinquency was in 2022. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.