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405 School St

Lowell, MA 01851

3 bd 4 ba 3,151 sqft Built 1900 Lot 3,267 sqft multi_family
Most recent sale
$420,000
Oct 11, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 11, 2022 Sold $420,000 MLS #73008075
Aug 18, 2022 Price changed $440,000 MLS #73008075
Aug 11, 2022 Price changed $499,900 MLS #73008075
Aug 1, 2022 Price changed $550,000 MLS #73008075
Jul 26, 2022 Price changed $599,900 MLS #73008075
Jul 12, 2022 Listed $699,900 MLS #73008075

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $379,700 $107,200 $486,900 $5,590
2024 $365,500 $100,200 $465,700 $5,546
2023 $421,800 $87,200 $509,000 $6,322
2022 $358,600 $68,900 $427,500 $5,425
2021 $316,500 $59,900 $376,400 $5,066
2020 $316,500 $59,900 $376,400 $5,029
2019 $241,700 $57,000 $298,700 $4,194
2018 $227,600 $54,300 $281,900 $4,057
2017 $194,900 $52,600 $247,500 $3,693
2016 $194,900 $48,800 $243,700 $3,694
2015 $164,500 $48,800 $213,300 $3,302
2013 $142,900 $58,600 $201,500 $3,025
2006 $214,200 $80,900 $295,100 $2,972
2003 $81,100 $28,900 $110,000 $1,515

Property facts

Year built
1900
Property type
multi_family
Stories
5
Beds
3
Baths
4
Living area
3,151 sqft
Lot size
3,267 sqft
ZIP code
01851
City
Lowell
Street
School St
Coordinates
42.63950, -71.32514

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,520
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 405 School St last sell?
405 School St most recently sold on Oct 11, 2022 for $420,000.
What is the current tax assessment for 405 School St?
The most recent total assessment for 405 School St (year 2025) is $486,900 with $5,590 in property tax.
How does 405 School St's assessment compare to its last sale price?
The current assessment is 15.9% above the last sale price of $420,000.
When was 405 School St built?
405 School St was built in 1900.
How does 405 School St compare to others on School St?
We track 8 other properties on School St. Browse the list under "Other properties on School St" to compare beds, baths, and sale history.
What are the property facts for 405 School St?
405 School St is a 3 bed, 4 bath, 3,151 sqft, 3,267 sqft lot multi_family.
Is 405 School St a flip candidate?
No — 405 School St does not appear in our flips dataset.
Is 405 School St a tax-appeal candidate?
No — 405 School St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.3%
Implied 1-yr
+5.3%
2026 Q2
$538.2K
2026 Q3
$544.9K
ZIP 01851 — Median Price History + Forecast

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