NOT LISTED FOR SALE

120 Pearl St Reading, MA 01867

Estimated Value: $808,000 - $842,512

4 Beds
2 Baths
2,304 Sq Ft
$357/Sq Ft Est. Value

Last Sold March 30, 2023

Last sale price $745,000 $323 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $5,318/month

70 Days on Market

Highlights

  • Golf Course Community
  • Medical Services
  • Wood Flooring
  • Arthur W. Coolidge Middle School Rated A
  • Property is near public transit
  • 4-minute walk to Memorial Park

About This Home

As of March 2023

Charming 2 family home nestled in walking distance to downtown location, First floor unit has large eat-in modern kitchen with granite counters, stainless steel appliances, and separate laundry room. Spacious updated designer bath. The open concept, has numerous layouts with 2 bedrooms and an office or nursery. Pristine hardwood floors built-in china cabinet and period detailing. Second floor unit has large eat-in kitchen, Laundry room, office, two bedrooms, renovated bath, living room and third floor is an enormous bedroom with new carpet, walk-in closet and office nook. Conveniently located just minutes to all major highways and downtown Reading. Here’s your chance to make a smart investment in a great town! Both units are empty and ready for occupancy.

Last Listed By

Joan Skomurski

Cameron Prestige, LLC Listed on: 12/06/2022

Cameron Prestige, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,799

Year Built

  • Built in 1920

Lot Details

  • 0.38 Acre Lot
  • Near Conservation Area

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,304 Sq Ft Home
  • Property has 1 Level
  • Insulated Windows
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • 6 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Patio

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • 2 Heating Zones
  • Natural Gas Connected
  • Tankless Water Heater
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number M:028.000000160.0,735641

Community Details

Overview

  • 2 Units

Amenities

  • Medical Services
  • Shops

Recreation

  • Golf Course Community
  • Park
  • Jogging Path
  • Bike Trail

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,799

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1920
  • Buyer Agency: 1.5
  • Transaction Broker: 1.5
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood,Tile,Carpet
  • Interior Amenities: Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Dishwasher,Refrigerator,Washer,Dryer), Unit 2(Range,Dishwasher,Refrigerator,Washer,Dryer), Gas Water Heater,Tankless Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Dryer
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Laundry Features: Unit 1 Laundry Room, Unit 2 Laundry Room
  • Basement: Full, Interior Entry
  • Living Area: 2304
  • Stories Total: 3
  • Window Features: Insulated Windows
  • MAIN LO: AC0756
  • LIST PRICE PER Sq Ft: 338.54
  • PRICE PER Sq Ft: 323.35
  • MAIN SO: B95079

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Patio
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Dryer
  • Electric: Circuit Breakers
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:028.000000160.0,735641
  • Zoning: S15
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.38
  • Lot Size Area: 0.38
  • Lot Size Sq Ft: 16545
  • Lot Size Units: Acres
  • PAGE: 434
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7799
  • Tax Book Number: 21276

Multi Family

  • Number Of Units Total: 2
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 2
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 13, 2003
Sold by
Nunan Cynthia Z and Ziavras Cynthia
Bought by
Cynthia Nunan 2 and Cynthia Nunan
Total Days on Market
70
Current Estimated Value
$822,128

Purchase Details

Closed on
Jul 9, 1991
Sold by
Hickman Edna
Bought by
Nunan Thomas K and Nunan Cynthia Ziavras

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
9.37%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cynthia Nunan 2 -- --
Nunan Thomas K $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open M & M Grimmer Llc $400,000
Previous Owner Hickman Edna P $129,500
Previous Owner Hickman Edna P $133,500
Previous Owner Hickman Edna P $135,000
Previous Owner Hickman Edna P $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2023 03/30/23 Sold $745,000 -4.5% $323 / Sq Ft
02/15/2023 02/15/23 Pending -- -- --
01/19/2023 01/19/23 Price Changed $780,000 -2.4% $339 / Sq Ft
12/06/2022 12/06/22 For Sale $799,000 -- $347 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

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 $8,856 $777,500 $478,700 $298,800
2024 $8,776 $748,800 $464,200 $284,600
2023 $8,212 $652,300 $404,400 $247,900
2022 $7,799 $585,100 $362,700 $222,400
2021 $5,767 $557,800 $348,200 $209,600
2020 $5,144 $546,600 $341,200 $205,400
2019 $5,380 $520,500 $324,900 $195,600
2018 $4,893 $486,200 $303,500 $182,700
2017 $4,197 $467,700 $290,100 $177,600
2016 $6,267 $432,200 $276,200 $156,000
2015 $6,051 $411,600 $255,200 $156,400
2014 $5,905 $400,600 $246,600 $154,000
Source: Public Records

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Source: MLS Property Information Network (MLS PIN)

MLS Number: 73063275

MLS Property Information Network (MLS PIN)

APN: READ-000028-000000-000160