NOT LISTED FOR SALE

178 Lowell St Unit 1 Reading, MA 01867

Estimated Value: $523,000 - $574,347

2 Beds
1.5 Baths
1,277 Sq Ft
$432/Sq Ft Est. Value

Last Sold July 07, 2023

Last sale price $500,000 $392 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,867/month

6 Days on Market

Highlights

  • Golf Course Community
  • Property is near public transit
  • Bonus Room
  • Birch Meadow Elementary School Rated A-
  • Wood Flooring
  • End Unit

About This Home

As of July 2023

WOW! What a great offering for those looking to get into Reading at an affordable price! Freshly painted interior with new W-to-W carpets, this great townhouse is ready for you to enjoy. Do you love the Reading Public Library? That's a quick 7 minute walk! How about the Downtown restaurants and shops? That's a 15 minute walk and so is the Reading Train Depot! This corner unit has a front-to-back 20X15 living room, a generous sized master bedroom with great closet space, a finished lower level and there's a fenced-in common yard out back. Open houses Saturday 12-2pm & Sunday 11am-1pm. Offers due Tuesday May 16th at 12noon. *For ALL showings & open houses, DO NOT park in the parking lot, park in the street.*

Last Agent to Sell the Property

Kevin Sexton

William Raveis R.E. & Home Services Listed on: 05/10/2023

William Raveis R.E. & Home Services

Last Buyer's Agent

Patricia Curley

Berkshire Hathaway HomeServices Verani Realty

Berkshire Hathaway HomeServices Verani Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,810

Year Built

  • Built in 1912

Lot Details

  • Near Conservation Area
  • End Unit
  • Fenced

HOA Fees

  • $338 Monthly HOA Fees

Interior Spaces

  • 1,277 Sq Ft Home
  • 3-Story Property
  • Bonus Room
  • Laundry in unit
  • Basement

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor

Parking

  • 2 Car Parking Spaces
  • Off-Street Parking
  • Assigned Parking

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • 100 Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 734386

Community Details

Overview

  • Association fees include water, insurance, maintenance structure, ground maintenance, snow removal, reserve funds
  • 5 Units
  • Melody Mills Condominium Community

Amenities

  • Common Area
  • Shops
  • Coin Laundry

Recreation

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

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,810

Year Built

Built in 1912

Lot Details

0

HOA Fees

$338 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Townhouse
  • Year Built: 1912
  • Buyer Agency: 2%
  • Buyer Agency Type: %
  • Entry Level: 1
  • Transaction Broker: 1.5%
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood, Tile, Laminate
  • Interior Amenities: Bonus Room
  • Entry Location: Unit Placement(Street)
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Refrigerator, Gas Water Heater
  • Total Bedrooms: 2
  • Room Bedroom2 Level: Second
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bathrooms: 1.5
  • Room Master Bedroom Level: Second
  • Room Dining Room Level: First
  • Room Kitchen Level: First
  • Laundry Features: In Unit
  • Room Living Room Level: First
  • Basement: Y
  • Accessibility Features: No
  • Living Area: 1277
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN5406
  • LIST PRICE PER Sq Ft: 352.31
  • PRICE PER Sq Ft: 391.54
  • MAIN SO: AN0992

Exterior Features

  • Common Walls: End Unit
  • Fencing: Fenced
  • Home Warranty YN: No
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street, Assigned
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall Unit(s)
  • Heating: Baseboard, Natural Gas
  • Cooling Y N: Yes
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 338
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station
  • Senior Community YN: No
  • UNIT BUILDING: 1
  • MANAGEMENT: Owner Association
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Reserve Funds

Lot Info

  • Parcel Number: 734386
  • Zoning: S15
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • PAGE: 230
  • OUTDOOR SPACE AVAILABLE: Yes - Common
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3810
  • Tax Book Number: 70663

Multi Family

  • Number Of Units Total: 5
  • Basement Included Sq Ft: Yes
  • NO UNITS OWNER OCC: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2015
Sold by
Hagan Stephanie J
Bought by
Hagan Evan J and Hagan Stephanie J
Total Days on Market
6
Current Estimated Value
$551,087

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,000
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 23, 2009
Sold by
Page Marcia E
Bought by
Leary Stephanie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,430
Interest Rate
4.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 29, 1998
Sold by
Yirrell Patricia A
Bought by
Page Marcia E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,125
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 11, 1988
Sold by
178 Lowell St Tr
Bought by
Yirrell Patricia A
Source: Public Records

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Range of Values:

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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
Hagan Evan J -- --
Leary Stephanie J $208,000 --
Page Marcia E $127,500 --
Yirrell Patricia A $144,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Whalen Jon P $400,000
Closed Chapman Brandon P $271,600
Closed Hagan Evan J $186,000
Previous Owner Hagan Stephanie J $194,369
Previous Owner Leary Stephanie J $199,430
Previous Owner Yirrell Patricia A $121,125
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2023 07/07/23 Sold $500,000 +11.1% $392 / Sq Ft
05/17/2023 05/17/23 Pending -- -- --
05/10/2023 05/10/23 For Sale $449,900 -- $352 / 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 $5,403 $474,400 $0 $474,400
2024 $3,715 $317,000 $0 $317,000
2023 $3,810 $302,600 $0 $302,600
2022 $3,816 $286,300 $0 $286,300
2021 $3,813 $276,100 $0 $276,100
2020 $3,765 $269,900 $0 $269,900
2019 $3,841 $269,900 $0 $269,900
2018 $3,630 $261,700 $0 $261,700
2017 $3,500 $249,500 $0 $249,500
2016 $3,547 $244,600 $0 $244,600
2015 -- $236,400 $0 $236,400
2014 $3,399 $230,600 $0 $230,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73109320

MLS Property Information Network (MLS PIN)

APN: READ-000027-000701-000008