245 UNIVERSITY AVE
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Location
245 UNIVERSITY AVE
Mblu
96/ 5830/ 245/ /
Parcel ID
200949
Owner
CITY OF LOWELL
PBN
Assessment
$1,977,100
Appraisal
$1,977,100
Internal ID
30814
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2026$1,758,000$219,100$1,977,100
Assessment
Valuation YearImprovementsLandTotal
2026$1,758,000$219,100$1,977,100

Owner of Record
OwnerCITY OF LOWELL
Co-Owner
Address375 MERRIMACK ST
LOWELL, MA 01852
Sale Price$2,400,000
Certificate
Book & Page 38515/0054
Sale Date05/30/2024
Instrument1V

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
CITY OF LOWELL$2,400,000 38515/00541V05/30/2024
ROMAN CATHOLIC ARCHBISHOP OF BOSTON$0 00655/0314 01/01/1901

Building Information
Building 1 : Section 1
Year Built: 1959
Living Area: 13,041
Replacement Cost: $2,778,124
Building Percent Good: 63
Replacement Cost
Less Depreciation:
$1,750,200
Building Attributes
FieldDescription
Style:Schools-Public
ModelCommercial
GradeAverage
Stories:2
Occupancy1.00
Exterior Wall 1Brick/Masonry
Exterior Wall 2 
Roof StructureFlat
Roof CoverRolled Compos
Interior Wall 1Plastered
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2Vinyl/Asphalt
Heating FuelGas
Heating TypeSteam
AC TypeNone
Struct Class 
Bldg UseLowell Education C
Total Rooms15
Total Bedrms06
Total Baths3
1st Floor Use:9341
Heat/ACNONE
Frame TypeMASONRY
Baths/PlumbingAVERAGE
Ceiling/WallCEIL & WALLS
Rooms/PrtnsAVERAGE
Wall Height10.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSUpper Story, Finished 4,841 4,841
BASFirst Floor 4,801 4,801
SFBBsmt, Fin Above Grade 4,249 3,399
   13,891 13,041

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
SPR1SPRINKLERS-WET13600.00 S.F.$6,9001

Land
Land Use
Use Code9341
DescriptionLowell Education C  
ZoneTMU
Neighborhood3003
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)0.70
Frontage0
Depth0
Assessed Value$219,100
Appraised Value$219,100

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
SHD1SHED FRAME  200.00 S.F.$9001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$1,770,400$204,800$1,975,200
2024$1,647,500$168,500$1,816,000
2023$1,483,500$143,800$1,627,300

Assessment
Valuation YearImprovementsLandTotal
2025$1,770,400$204,800$1,975,200
2024$1,647,500$168,500$1,816,000
2023$1,483,500$143,800$1,627,300

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