See Home Value
$401,000
● House - Off Market

123 Rea St

Lowell, MA 01852
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,008 Ft²
$2,337
Est. Monthly
7.36%
Cap Rate

About This Property

Welcome to this 3-bed, 1-bath ranch-style home offering ease of one-floor living and a spacious .36-acre lot on a dead-end street. Whether you're a first-time buyer, down-sizer, or investor, this property offers a solid foundation with key updates completed and plenty of potential to make it your own with some interior work. Major improvements include a new roof (2018), energy-efficient windows (2018), a boiler (2019), updated electrical system (2022), and a fully renovated bathroom (2022). The exterior was painted in 2015, and a ramp was added in 2020 for added accessibility. A new stove (2023) rounds out the recent upgrades. The home could use some cosmetic updates, but the layout is functional, the systems are strong, and the potential is clear. The lot offers plenty of outdoor space for gardens, entertaining, or future expansion. With the big-ticket items done, this home is a great opportunity to build equity and add your personal touch! Offer deadline, Monday, Aug 4 @ 4 PM.
Unit Size
1,008 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$377
Property Type
House
Property Taxes
$470
HOA Dues
-
Year Built
1962

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Last updated: 2 years ago (MLSPIN #73411270)

Price History

Date / Event Date Event Price
Oct 2, 2025 Sold
Sold
Aug 7, 2025 In contract -
In contract
Jul 30, 2025 Listed by Keller Williams Realty-Merrimack $380,000
Listed by Keller Williams Realty-Merrimack

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 993
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,803
  • Total Building Area: 1,008
  • Gross Building Area: 2,204
  • Building Area: 1,008
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,008
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000363
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Lowell School District
  • School Tax School District: LOWELL SD
  • Census Tract: 312300

Zoning

  • Zoning: SSF

Geography

  • Account Number: P05940
  • Parcel: LOWE M:238 B:4865 L:123
  • Block: 4865
  • Lot: 123
  • Municipality: LOWELL
  • Latitude: 42.6287
  • Longitude: -71.2851

    Address

  • Full Address: 123 Rea St
  • Address - House Number: 123
  • Address - Street Name: Rea
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lowell
  • Carrier Code: C097
  • 4-Digit Zip Code: 4934
  • Zip Code: 01852

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $495,300
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 463,886
  • High Value: 539,312
  • Low Value: 388,460

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $398,800
  • Assessed Land Value: $198,400
  • Assessed Improvements Value: $200,400
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About South Lowell


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Frequently Asked Questions

When was property at 123 Rea Street built and last sold?
The property at 123 Rea Street was built in 1962 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 123 Rea Street is $379,115.
What are some comparable homes to 123 Rea Street?
There are currently no comparable homes to 123 Rea Street.