Lowell Real Estate: Week of September 15, 2014
The following real estate sales took place in Lowell last week:
September 15, 2014 – Monday
43 Marlborough St for $255,000. Prior sale in 1990 for $153,000
23 South Walker St Unit 2 for $70,000. New condominium
13 Taunton Ct for $302,500. Prior sale in 2012 for $258,500
September 16, 2014 – Tuesday
73 Nesmith St for $345,000. Prior sale in 1986 for $215,000
95-103 Market St for $720,000
743 Bridge St for $235,000. Prior sale in 2010 for $132,300
September 17, 2014 – Wednesday
no sales
September 18, 2014 – Thursday
42 Boylston Ln Unit 42 for $180,000. Prior sale in 2011 for $155,000
34 Farmland Rd Unit 34F for $165,000. Prior sale in 2001 for $139,900
12 Osgood St for $170,000. Prior sale in 2000 for $150,000
49 July St for $256,400. Prior sale in 2013 for $120,299
31 Vernon St for $174,000. Prior sale in 1995 for $81,000
September 19, 2014 – Friday
157 Fairmount St for $371,000. Prior sale in 2010 for $300,500
156 Tenth St for $284,000. Prior sale in 1978
34 Newhall St Unit 310 for $113,000. Prior sale in 2003 for $123,000
26 Asbury Way for $379,900. Prior sale in 2006 for $230,000
1524 Gorham St Unit 205 for $120,000. Prior sale in 2006 for $127,500
41 Midland St for $195,000. Prior sale in 1948
95-103 Market St for $720,000. This includes home of Blue Shamrock, Game Center, Market St. Market which I believe has been owned by Rob Nason for several years. Is that correct?
Mostly correct, Kathleen. The property was purchased by Nason Property Management LLC back in 2000 for $296,000. However, this does not include the Blue Shamrock. That’s 105 Market Street. It looks like this parcel is just the building that contains Market Street Market and Game Center. The buyer is EJ Properties LLC, the manager of which is John Noto (according to the Secretary of State’s website). John lives in a condo on Market Street, owns a hi-tech business that’s located in Chelmsford, and is one of the founders of Lowell Makes (at 47 Lee Street). He’s someone who has demonstrated a commitment to downtown Lowell. I’m not sure what the plans are for this space and it would be unfortunate if the Market either closes or is not replaced by a comparable supplier of groceries for downtown residents but if the property had to be sold, the city is fortunate that John is involved in the purchase.
Thank you Kathleen and Dick for the posts regarding our recent purchase of 95-103 Market Street. John Noto and I jointly manage EJ Properties, and currently have no plans for changing this already-attractive building. We look forward to taking good care of the property and being a part of an increasingly dynamic downtown Lowell.