Lowell Real Estate: January 4, 2014
With Wednesday being the New Year’s Day holiday and with the blizzard that closed the courthouse early on Thursday and all day on Friday, it was a mixed week in Lowell real estate. There were some noteworthy transactions: On Tuesday, a large mill complex on Jackson Street sold for $2mil but the buyers also recorded mortgages securing $23mil in financing which undoubtedly will be used for renovations; and UTEC purchased the former Lowell Community Health Center on Warren Street which is adjacent to UTEC’s headquarters. It seems like the center of gravity for downtown is sliding down Central Street towards Jackson and away from Merrimack Street. Anyway, here are the sales for the past week:
December 30, 2013 – Monday
145 Branch St for $80,000. Prior sale 2013 deed in lieu of foreclosure
160-164 University Ave for $285,000. Prior sale in 1979
58 Bellevue St for $255,000. Prior sale in 2013 for $174,000
200 Market St B42 for $105,000. Prior sale in 2002 for $102,900
22 Rhodora St for $216,000. Prior sale in 2012 by HUD for $123,500
December 31, 2013 – Tuesday
61 Fulton St for $177,000. Prior sale in 2009 for $125,000
55 Alma St for $161,500. Prior sale 2012 foreclosure
649-651 Westford St for $200,000. Prior sale in 2001 for $239,900
256 Baldwin St for $197,900. Prior sale in 2005 for $245,000
20 Epirus Dr for $329,900. Prior sale in 2000 for $204,900
154 Hildreth St for $197,000. Prior sale in 1954
109 Jackson St for $2,150,000. Prior sale in 2007 for $805,000
98 B St for $162,000. Prior sale in 2009 for $185,000
1717 Middlesex St #3 & 4 for $275,000. New condos
7-9 Auburn St for $179,000. Prior sale 2013 foreclosure
15-17 Warren St for $522,500. Prior sale in 1999 for $595,000
January 1, 2014 – Wednesday
New Year’s Day – closed
January 2, 2014 – Thursday
3 Mapleview Ave for $185,000. Deed in lieu of foreclosure
15 Alton St for $185,000. Prior sale in 2006 for $254,900
339 Pawtucket Blvd #10 for $105,000. Prior sale in 2000 for $67,000
199 Cabot St #1 for $1,250,000. Prior sale in 1993 for $383,750
snowstorm – closed at 3 pm
January 3, 2014 – Friday
snowstorm – closed all day
Wasn’t the Warren Street property the former long-time home of the Lowell Lodge of Elks BPOE #87 – before the move to Ferry Road. It seems that many brothers thought that site had character and rarely if ever visited the new site. If memory serves, many members watched the various city parades of the past along Central street while standing at Elks corner!