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1040 Gorham St; Lowell, MA Property Details

1040 Gorham St, Lowell, MA is a Restaurant that was built in 1880. This property is currently Financed and is not for sale. Our records show that 1040 Gorham St has a total of 3,685 square feet. The lot size of 1040 Gorham St is 6,970 square feet.

Off market
1040 Gorham St Lowell, MA 01852
$341,000 Estimated Value
3,685 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1880
  • Purchase Price: $362,500
  • Open Loans: 1
  • Inv. Liens: 1
  • APN: LOWE M:185 B:2675 L:1040
  • Situs County: Middlesex City
  • Length Of Ownership: 2 years, 2 months

Structure

  • Building Style: Frame
  • Stories: 1
  • Exterior Wall Type: Brick
  • Building Condition: Average
  • Roof Type: Flat
  • Roof Cover Type: Tar & Gravel

Measurements

  • Total: 3,685/SqFt
  • Lot: 6,970/SqFt
  • Gross: 3,685/SqFt
  • Living: 3,685/SqFt
  • Building: 3,685/SqFt
  • Ground: 3,685/SqFt
  • Price Per Square Foot: $98.37
Building Insights

Land Information

  • Property Type: Restaurant
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Lowell School District
  • Lat / Lon: 42.627228 / -71.30747
  • Property Class: Commercial
  • Zoning: TMU
  • County Use Code: 326

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 5017
  • Garage: Paved/Surfaced
  • Heating: Forced air unit

Ownership Info

1040 Gorham St has no associated ownership info
1040 Gorham St has no associated ownership info.

Taxes

1040 Gorham St has 7 associated Taxes items

1040 Gorham St, Lowell, MA pays taxes in Middlesex City County, MA. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $341,000. The APN we've located for 1040 Gorham St is LOWE M:185 B:2675 L:1040.

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Taxes
  • Assessed Value:  $341,000
  • Assessed Year:  2025
  • Assessed County:  Middlesex City
  • APN:  LOWE M:185 B:2675 L:1040
  • Assessed Land Value:  131800
  • Tax Amount:  7628
  • Tax Year:  2025

Tax History

1040 Gorham St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $341,000 Land Value $131,800 Improvement Value $209,200 Tax Amount $7,628 Change Rate -0.008191% Assessed CR Tax Rate +0.02237%
Year 2024 Assessed Value $330,500 Land Value $125,500 Improvement Value $205,000 Tax Amount $7,691 Change Rate +0.009053% Assessed CR Tax Rate +0.023271%
Year 2023 Assessed Value $312,900 Land Value $114,100 Improvement Value $198,800 Tax Amount $7,622 Change Rate -0.019426% Assessed CR Tax Rate +0.024359%
Year 2022 Assessed Value $308,700 Land Value $114,100 Improvement Value $194,600 Tax Amount $7,773 Change Rate -0.041672% Assessed CR Tax Rate +0.02518%
Year 2021 Assessed Value $302,300 Land Value $99,300 Improvement Value $203,000 Tax Amount $8,111 Change Rate -0.031264% Assessed CR Tax Rate +0.026831%
Year 2020 Assessed Value $302,300 Land Value $99,300 Improvement Value $203,000 Tax Amount $8,372.77 Change Rate -0.00355% Assessed CR Tax Rate +0.027697%
Year 2019 Assessed Value $293,900 Land Value $99,300 Improvement Value $194,600 Tax Amount $8,402.6 Change Rate -0.002095% Assessed CR Tax Rate +0.02859%
Year 2018 Assessed Value $282,800 Land Value $94,500 Improvement Value $188,300 Tax Amount $8,420.24 Change Rate +0.001099% Assessed CR Tax Rate +0.029775%
Year 2017 Assessed Value $274,500 Land Value $94,500 Improvement Value $180,000 Tax Amount $8,411 Change Rate +0.004538% Assessed CR Tax Rate +0.030641%
Year 2016 Assessed Value $268,200 Land Value $94,500 Improvement Value $173,700 Tax Amount $8,373 Change Rate -0.038249% Assessed CR Tax Rate +0.031219%
Year 2015 Assessed Value $268,200 Land Value $94,500 Improvement Value $173,700 Tax Amount $8,706 Change Rate +0.113157% Assessed CR Tax Rate +0.032461%
Year 2013 Assessed Value $249,700 Land Value $105,000 Improvement Value $144,700 Tax Amount $7,821 Change Rate Assessed CR Tax Rate +0.031322%