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40 Tower Dr

Lowell, MA 01854

3 bd 2 ba 1,459 sqft Built 1963 Lot 9,040 sqft single_family
Most recent sale
$450,000
Apr 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 8, 2022 Sold $450,000 MLS #72947575
Mar 28, 2022 Relisted $399,900 MLS #72947575
Mar 25, 2022 Relisted $399,900 MLS #72947575
Mar 2, 2022 Listed $399,900 MLS #72947575

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $263,400 $173,100 $436,500 $5,011
2024 $250,800 $161,800 $412,600 $4,914
2023 $236,400 $140,700 $377,100 $4,684
2022 $178,100 $127,900 $306,000 $3,883
2021 $160,200 $111,200 $271,400 $3,653
2020 $155,900 $113,400 $269,300 $3,598
2019 $167,100 $99,900 $267,000 $3,749
2018 $154,100 $95,200 $249,300 $3,587
2017 $142,900 $86,500 $229,400 $3,423
2016 $130,200 $80,700 $210,900 $3,197
2015 $129,100 $79,000 $208,100 $3,221
2013 $113,100 $99,400 $212,500 $3,190
2006 $156,100 $88,700 $244,800 $2,465
2003 $102,600 $59,600 $162,200 $2,233

Property facts

Year built
1963
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,459 sqft
Lot size
9,040 sqft
ZIP code
01854
City
Lowell
Street
Tower Dr
Coordinates
42.64703, -71.35812

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,231
Gross rental yield
11.28%
Implied cap rate
7.33%
Trend-extrapolated value

Frequently asked questions

When did 40 Tower Dr last sell?
40 Tower Dr most recently sold on Apr 8, 2022 for $450,000.
What is the current tax assessment for 40 Tower Dr?
The most recent total assessment for 40 Tower Dr (year 2025) is $436,500 with $5,011 in property tax.
How does 40 Tower Dr's assessment compare to its last sale price?
The current assessment is 3.0% below the last sale price of $450,000.
When was 40 Tower Dr built?
40 Tower Dr was built in 1963.
How does 40 Tower Dr compare to others on Tower Dr?
We track 2 other properties on Tower Dr. Browse the list under "Other properties on Tower Dr" to compare beds, baths, and sale history.
What are the property facts for 40 Tower Dr?
40 Tower Dr is a 3 bed, 2 bath, 1,459 sqft, 9,040 sqft lot single_family.
Is 40 Tower Dr a flip candidate?
No — 40 Tower Dr does not appear in our flips dataset.
Is 40 Tower Dr a tax-appeal candidate?
No — 40 Tower Dr 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
0.0%
Implied 1-yr
-0.1%
2026 Q2
$463.7K
2026 Q3
$463.6K
ZIP 01854 — Median Price History + Forecast

Explore nearby

Other properties on Tower Dr