Seller's Agent in 2022
Karen Landry
RE/MAX
(508) 572-2830
3 in this area
238 Total Sales
1 Belmont Ln North Reading, MA 01864
Estimated Value: $1,517,304 - $1,696,000
4
Beds
2.5
Baths
3,576
Sq Ft
$443/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Deck
- Wood Flooring
- Batchelder School Rated A
- Cathedral Ceiling
- Solid Surface Countertops
About This Home
As of February 2022North Reading’s premiere neighborhood location near local schools! Tranquil setting for this New England colonial accented by rolling stone wall, natural privacy and appealing landscaped yard. Welcoming farmer’s porch leads to center hall with formal foyer and 1st floor office with French doors. Includes front to back formal living and dining areas perfect for entertaining, large eat-in kitchen with breakfast bar, granite, stainless steel appliances. Open concept lends to spacious family room with high cathedral ceiling and traditional fireplace. Primary suite includes sitting area and en-suite bath with shower, soaking tub and double vanities.The additional 3 bedrooms are also spacious in size and share a full hall bath. Hardwood and ceramic tile flow throughout this impressive home. Rounding out this impressive home is the finished basement with game room and exercise room as well as a two car garage and exterior deck.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $12,982
Year Built
- Built in 1997
Lot Details
- 0.92 Acre Lot
- Stone Wall
- Sprinkler System
- Property is zoned RA
Parking
- 2 Car Attached Garage
- Side Facing Garage
- Garage Door Opener
- Driveway
- Open Parking
- Off-Street Parking
Home Design
- Colonial Architecture
- Frame Construction
- Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- 3,576 Sq Ft Home
- Cathedral Ceiling
- Skylights
- Insulated Windows
- Insulated Doors
- Family Room with Fireplace
- Sunken Living Room
- Dining Area
- Game Room
- Home Gym
Kitchen
- Breakfast Bar
- Range
- Dishwasher
- Stainless Steel Appliances
- Solid Surface Countertops
Flooring
- Wood
- Wall to Wall Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary bedroom located on second floor
- Walk-In Closet
- Dual Vanity Sinks in Primary Bathroom
Laundry
- Laundry on upper level
- Washer and Electric Dryer Hookup
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Block Basement Construction
Outdoor Features
- Deck
- Porch
Location
- Property is near schools
Utilities
- Forced Air Heating and Cooling System
- 2 Cooling Zones
- 2 Heating Zones
- Heating System Uses Natural Gas
- Pellet Stove burns compressed wood to generate heat
- 200+ Amp Service
- Natural Gas Connected
- Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number M:043.0 B:0000 L:0108.0,719681
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 20, 2022
Closed on
Mar 23, 2022
Sold by
Chabot Matthew E and Chabot Nancy
Bought by
Ottaviano Marcus J and Ottaviano Amy E
Seller's Agent
Karen Landry
RE/MAX Executive Realty
Buyer's Agent
Karen Landry
RE/MAX Executive Realty
List Price
$1,275,000
Sold Price
$1,282,000
Premium/Discount to List
$7,000
0.55%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$303,576
Avg. Annual Appreciation
5.82%
Original Mortgage
$1,025,600
Outstanding Balance
$952,167
Interest Rate
3.69%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$633,409
Purchase Details
Closed on
Sep 8, 2000
Sold by
Moffitt Timothy K
Bought by
Chabot Matthew E and Chabot Nancy B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
8.1%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 26, 1997
Sold by
Parkwood Est Rlty Inc
Bought by
Moffitt Timothy K and Moffitt Cynthia R
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ottaviano Marcus J | $1,282,000 | None Available | |
| Chabot Matthew E | $590,000 | -- | |
| Moffitt Timothy K | $439,000 | -- | |
| Moffitt Timothy K | $439,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ottaviano Marcus J | $1,025,600 | |
| Previous Owner | Moffitt Timothy K | $436,000 | |
| Previous Owner | Moffitt Timothy K | $440,000 | |
| Previous Owner | Moffitt Timothy K | $11,700 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/23/2022 02/23/22 | Sold | $1,282,000 | +0.5% | $359 / Sq Ft |
| 01/24/2022 01/24/22 | Pending | -- | -- | -- |
| 01/20/2022 01/20/22 | For Sale | $1,275,000 | -- | $357 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $19,533 | $1,495,600 | $502,600 | $993,000 |
| 2024 | $18,670 | $1,413,300 | $453,000 | $960,300 |
| 2023 | $14,601 | $1,043,700 | $444,300 | $599,400 |
| 2022 | $13,286 | $885,700 | $401,200 | $484,500 |
| 2021 | $12,982 | $830,600 | $346,200 | $484,400 |
Source: Public Records
Agents Affiliated with this Home
-
Karen Landry
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72935447
APN: NREA-000043-000000-000108
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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