89 5th Avenue

Local assessors in Lowell, MA have categorized 89 5th Avenue as a residential type of property. The home was built in 1926 and is 98 years old. The property's lot size has been calculated to be 2,850 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 89 5th Avenue has a total of 1,548 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Moving onto specific details regarding the building. Our sources show that the building condition is average. The building has a gable style roof that was made of asphalt. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. The home's a hot water heating system is the primary heating source and it is being fueled with gas. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 89 5th Avenue was last sold in Mar 18, 2022 for $360,000. According to our calculations, that's $232.56 per sqft. Prior to that sales transaction, the property was sold for $300,000 in Jun 14, 2021. Current property owners are expected to pay $4,089 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2022. The property on 89 5th Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $329,200. To break that down further, the land itself was valued at $77,200. While improvements to the property were assessed at a total of $252,000. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!