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Marybeth, Home Buyer in Lowell, MA

What are the expected taxes for this home?

Asked by Marybeth, Lowell, MA Thu Feb 4, 2010

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It is correct, the taxes are $31,723.16. I am a local agent and I know for a fact that not much have been done to the house since it was sold in 2008. The current owner does not care about the market conditions. He believes, and in a way he is correct, that this house is not like any other in the area but I am not convinced that the big jump in the price is justified. However, there are other stunning homes in the town that are more adequately priced.
I am very familiar with the local market and I could assist you farther if you were to wish.

Eva Maliarakis
Ridgeco Properties North
Englewood Cliffs, NJ
Cell: 201-320-3678
0 votes Thank Flag Link Sat Feb 6, 2010
Hi Marybeth,

Actually the taxes are $31,723.16. They went up (now there's a shock). Interestingly, this property just sold in 2008 for $11,800,000, so I'm not sure why it would be re-listed in a declining market for $16 million. I recently appraised a home right around the corner from this one that was quite a bit superior, the taxes were over $50,000. Interestingly, I came out under $8 million. So this one is clearly overlisted.


Marc Paolella
Relocation Director
Century 21 Joe Tekula Realtors
Phone (direct): (973) 584-4235
0 votes Thank Flag Link Thu Feb 4, 2010
Hi Marybeth,
The Taxes are $29,592 if you want more info please let me know
Jeaneth Pino B artchak
0 votes Thank Flag Link Thu Feb 4, 2010
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