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Lowell 01850 Centralville
14 Merrill Ave
$501,000
● House - Off Market

14 Merrill Ave

Lowell, MA 01850
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,696 Ft²
$471,938
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

Located in the Christian Hill section of Lowell, this well-maintained single-family features 3 bedrooms, 2 full bathrooms, finished basement, with 4 extras rooms, a full bath, family room or office space and tons of charm. Central Gas heat, gas hot water tank that's only a few years old. The back deck makes for an ideal space for entertaining guests or just relaxing on a summer day overlooking the fenced in yard and your garden area, grape vines, chicken cooper corner, storage sheds, garage carport, parking area, this home has it all. This is a must-see home! Open House Sunday July 30th, from 2:00 to 4:00pm. Offers due by Tuesday August 1th at 5:00pm.
Unit Size
1,696 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$280
Property Type
House
Property Taxes
$304
HOA Dues
-
Year Built
1960

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 5 months ago (MLSPIN #73116795)

Price History

Date / Event Date Event Price
Sep 21, 2023 Sold
Premium
Sold
Aug 20, 2023 In contract -
In contract
Aug 18, 2023 Relisted $474,900
Relisted
Aug 9, 2023 In contract -
In contract
Jul 23, 2023 Relisted $474,900
Relisted
Show More

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 960
  • Garage Type: 3
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,035
  • Total Building Area: 1,296
  • Gross Building Area: 2,243
  • Building Area: 1,296
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,296
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000162
  • 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: 310200

Zoning

  • Zoning: TSF

Geography

  • Account Number: M21640
  • Parcel: LOWE M:195 B:4045 L:14
  • Block: 4045
  • Lot: 14
  • Municipality: LOWELL
  • Latitude: 42.6548
  • Longitude: -71.2967

    Address

  • Full Address: 14 Merrill Ave
  • Address - House Number: 14
  • Address - Street Name: Merrill
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Lowell
  • Carrier Code: C015
  • 4-Digit Zip Code: 1718
  • Zip Code: 01850

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $410,100
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1858
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 436,716
  • High Value: 517,867
  • Low Value: 355,566

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $330,200
  • Assessed Land Value: $121,100
  • Assessed Improvements Value: $209,100

    Sales

  • Current Sale Contract Date: Sep 21, 2023
  • Current Sale Recording Date: Sep 21, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 27974
  • Previous Sale Recording Date: Mar 30, 2005
  • Previous Sale Amount: $100,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

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

About Centralville

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$300

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2085 ft²

Average Home Age

93.4 years

Currently For Sale

29 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 73116795

Frequently Asked Questions

When was property at 14 Merrill Avenue built and last sold?
The property at 14 Merrill Avenue was built in 1960 and last sold on Sep 21, 2023 for $501,000.
How much is this home worth?
The estimated value of the home located at 14 Merrill Avenue is $484,467.
What are some comparable homes to 14 Merrill Avenue?
There are currently no comparable homes to 14 Merrill Avenue.
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