NOT LISTED FOR SALE

178 Lowell St Unit 4 Reading, MA 01867

Estimated Value: $490,000 - $546,719

2 Beds
1.5 Baths
1,087 Sq Ft
$478/Sq Ft Est. Value

Last Sold May 06, 2024

Last sale price $510,000 $469 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,603/month

4 Days on Market

Highlights

  • Deck
  • Property is near public transit
  • End Unit
  • Birch Meadow Elementary School Rated A-
  • Wood Flooring
  • Corner Lot

About This Home

As of May 2024

Welcome to "Melody Mills Condominium" This end unit Townhouse is one of 5 in the complex.. It has great natural light and is a good start for someone looking to get into Reading. Features 3 levels, including a full basement. Front to back livingroom with sliders to deck. Dining area with hardwood floors. Galley kitchen. 2 bedrooms on second level with skylights. Semi finished playroom in lower level. Newer gas heating system.Two assigned offstreet parking spaces. Half bath on first level, full bath upstairs on bedroom level. Very convenient to commuter rail to Boston, Reading Public Library and downtown. Just minutes to Rte 93 and Rte 128. Could use some paint and cosmetics but this clean unit is in move in condition and allows you to make improvements at your pace! Pet friendly !

Last Agent to Sell the Property

Stephen Conroy

Boardwalk Real Estate Listed on: 03/21/2024

Last Buyer's Agent

Bobbie Botticelli

Colonial Manor Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,484

Year Built

  • Built in 1912

Lot Details

  • Near Conservation Area
  • End Unit

HOA Fees

  • $341 Monthly HOA Fees

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,087 Sq Ft Home
  • 3-Story Property

Kitchen

  • Range<<rangeHoodToken>>
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor

Laundry

  • Dryer
  • Washer

Basement

  • Exterior Basement Entry
  • Laundry in Basement

Parking

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

Outdoor Features

  • Deck

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • 2 Heating Zones
  • Heating System Uses Natural Gas
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 734385

Community Details

Overview

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

Amenities

  • Shops

Recreation

  • Park
  • Jogging Path

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,484

Year Built

Built in 1912

Lot Details

0

HOA Fees

$341 per month

Listing Details

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

Interior Features

  • Flooring: Tile, Vinyl, Carpet, Hardwood
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
  • Total Bedrooms: 2
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Flooring - Wall to Wall Carpet
  • Room Bedroom2 Area: 80
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bathrooms: 1.5
  • Room Master Bedroom Features: Flooring - Wall to Wall Carpet
  • Room Master Bedroom Level: Second
  • Room Master Bedroom Area: 165
  • Master Bathroom Features: No
  • Bathroom 1 Features: Bathroom - Half, Flooring - Stone/Ceramic Tile
  • Bathroom 1 Level: First
  • Bathroom 2 Level: Second
  • Bathroom 2 Features: Bathroom - Full, Flooring - Stone/Ceramic Tile
  • Room Dining Room Features: Flooring - Hardwood
  • Room Dining Room Level: First
  • Room Dining Room Area: 110
  • Room Family Room Level: Basement
  • Room Family Room Features: Flooring - Vinyl
  • Room Family Room Area: 208
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Stone/Ceramic Tile
  • Room Kitchen Area: 50
  • Laundry Features: In Basement, In Unit
  • Room Living Room Level: First
  • Room Living Room Area: 220
  • Room Living Room Features: Flooring - Wall to Wall Carpet, Deck - Exterior, Exterior Access
  • Basement: Y
  • Living Area: 1087
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: B30601
  • LIST PRICE PER Sq Ft: 441.49
  • PRICE PER Sq Ft: 469.18
  • MAIN SO: B32911

Exterior Features

  • Exterior Features: Deck
  • Common Walls: End Unit, Corner
  • Construction Materials: Frame
  • Home Warranty YN: No
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Cooling: Wall Unit(s)
  • Heating: Baseboard, Natural Gas
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 2

Condo/Co-op/Association

  • Association Fee: 341
  • Association Fee Frequency: Monthly
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Conservation Area, Highway Access, Private School, Public School, T-Station
  • Senior Community YN: No
  • UNIT BUILDING: 4
  • MANAGEMENT: Owner Association
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Parcel Number: 734385
  • Zoning: S15
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • PAGE: 444
  • OUTDOOR SPACE AVAILABLE: Yes - Private
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3484
  • Tax Book Number: 26408

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

Listed on
Mar 21, 2024
Closed on
May 3, 2024
Sold by
Gorman Nancy E Est and Bergholtz
Bought by
Quinlan Megan
Seller's Agent
Stephen Conroy
Boardwalk Real Estate
Buyer's Agent
Bobbie Botticelli
Colonial Manor Realty
List Price
$479,900
Sold Price
$510,000
Premium/Discount to List
$30,100
6.27%
Views
91
Current Estimated Value
$519,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,930
Avg. Annual Appreciation
1.87%
Original Mortgage
$408,000
Outstanding Balance
$404,078
Interest Rate
6.82%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$117,317

Purchase Details

Closed on
Jun 17, 1996
Sold by
Jennings G Douglas and Jennings Julie A
Bought by
Gorman Nancy E

Purchase Details

Closed on
Dec 7, 1987
Sold by
178 Lowell St Tr
Bought by
Jennings G Douglas
Source: Public Records

Range of Values:

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List Price
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
Quinlan Megan $510,000 None Available
Quinlan Megan $510,000 None Available
Gorman Nancy E $118,500 --
Gorman Nancy E $118,500 --
Jennings G Douglas $146,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Quinlan Megan $408,000
Closed Quinlan Megan $408,000
Previous Owner Gorman Nancy E $495,000
Previous Owner Jennings G Douglas $104,800
Previous Owner Gorman Nancy E $25,000
Previous Owner Jennings G Douglas $88,000
Previous Owner Jennings G Douglas $90,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2024 05/06/24 Sold $510,000 +6.3% $469 / Sq Ft
03/26/2024 03/26/24 Pending -- -- --
03/21/2024 03/21/24 For Sale $479,900 -- $441 / 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 $4,674 $410,400 $0 $410,400
2024 $3,484 $297,300 $0 $297,300
2023 $3,574 $283,900 $0 $283,900
2022 $3,579 $268,500 $0 $268,500
2021 $3,575 $258,900 $0 $258,900
2020 $3,532 $253,200 $0 $253,200
2019 $3,603 $253,200 $0 $253,200
2018 $3,405 $245,500 $0 $245,500
2017 $3,283 $234,000 $0 $234,000
2016 $3,328 $229,500 $0 $229,500
2015 $3,260 $221,800 $0 $221,800
2014 $3,188 $216,300 $0 $216,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73215061

MLS Property Information Network (MLS PIN)

APN: READ-000027-000704-000008