NOT LISTED FOR SALE

183 Salem St Unit 1001 Reading, MA 01867

Estimated Value: $946,000 - $1,044,000

4 Beds
3 Baths
2,700 Sq Ft
$366/Sq Ft Est. Value

Last Sold March 30, 2018

Last sale price $683,000 $253 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $6,245/month

Highlights

  • Property is near public transit
  • Wood Flooring
  • No HOA
  • Walter S. Parker Middle School Rated A-
  • Solid Surface Countertops
  • Stainless Steel Appliances

About This Home

As of February 2024

Built in 2017, this spacious 2700 sq ft townhome offers a large open concept first floor ~ an eat in kitchen with granite island and a walk in pantry, large family room with a gas fireplace and sliders leading to the exclusive use fenced in yard, a 1st floor bedroom that can also be used as an office, a full bath and plenty of closets throughout. The second floor has 3 additional bedrooms which includes a spacious master bedroom suite with a walk in closet and a large master bathroom, plus another full bath. 9' ceilings on the first floor, hardwood floors on first and second floors, 4 total parking spaces which include the 2 tandem spaces in the attached garage w/EV connection. Great commuter location, easy access to commuter rail, bus and route 128/95.

Last Agent to Rent the Property

Sumi Sinnatamby

Berkshire Hathaway HomeServices Commonwealth Real Estate Listed on: 02/07/2024

Berkshire Hathaway HomeServices Commonwealth Real Estate

Last Renter's Agent

Sumi Sinnatamby

Berkshire Hathaway HomeServices Commonwealth Real Estate Listed on: 02/07/2024

Berkshire Hathaway HomeServices Commonwealth Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,372

Year Built

  • Built in 2017

Parking

  • 2 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 2,700 Sq Ft Home
  • Sliding Doors
  • Living Room with Fireplace
  • Wood Flooring

Kitchen

  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Stainless Steel Appliances
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • Linen Closet
  • Walk-In Closet
  • 3 Full Bathrooms
  • Double Vanity
  • Linen Closet In Bathroom

Laundry

  • Laundry on upper level
  • Washer and Dryer Hookup

Location

  • Property is near public transit
  • Property is near schools

Additional Features

  • Patio
  • Cooling Available

Listing and Financial Details

  • Security Deposit $4,000
  • Property Available on 2/20/24
  • Rent includes snow removal, gardener
  • 12 Month Lease Term
  • Assessor Parcel Number 5036064

Community Details

Pet Policy

  • No Pets Allowed

Additional Features

  • No Home Owners Association
  • Shops

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,372

Year Built

Built in 2017

Lot Details

0

Parking

2

Rental Info

  • Pets Allowed: No
  • Available Date: 2024-02-20
  • Lease Term: Term of Rental(1 Year)
  • Available Now: No
  • Deposit Required: Yes
  • FIRST MON REQD: Yes
  • INSURANCE REQD: No
  • LAST MON REQD: No
  • REFERENCES REQD: Yes
  • SEC DEPOSIT: 4000

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Attached (Townhouse/Rowhouse/Duplex)
  • Year Built: 2017
  • Entry Level: 1
  • Year Round: Yes
  • CoOp Comp: 0
  • ResoPropertyType: ResidentialLease
  • ResoBuildingAreaSource: Other
  • Special Features: None

Interior Features

  • Fireplace Features: Living Room
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Range,Dishwasher,Disposal,Microwave,Refrigerator
  • Total Bedrooms: 4
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Closet, Flooring - Hardwood
  • Room Bedroom3 Features: Closet, Flooring - Hardwood
  • Room Bedroom3 Level: Second
  • Room Bedroom4 Level: First
  • Room Bedroom4 Features: Closet
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Room Master Bedroom Features: Bathroom - Full, Closet - Linen, Walk-In Closet(s)
  • Room Master Bedroom Level: Second
  • Master Bathroom Features: Yes
  • Bathroom 1 Features: Bathroom - Double Vanity/Sink, Closet - Linen
  • Bathroom 1 Level: Second
  • Bathroom 2 Level: Second
  • Bathroom 2 Features: Bathroom - Full
  • Bathroom 3 Features: Bathroom - Full
  • Bathroom 3 Level: First
  • Room Dining Room Features: Flooring - Hardwood
  • Room Dining Room Level: First
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Hardwood, Countertops - Stone/Granite/Solid, Stainless Steel Appliances
  • Laundry Features: Second Floor, Dryer Hookups in Unit, Washer Hookups in Unit
  • Room Living Room Level: First
  • Room Living Room Features: Flooring - Hardwood, Slider
  • Living Area: 2700
  • Spa YN: No
  • MAIN LO: AN6527
  • LIST PRICE PER Sq Ft: 1.48
  • PRICE PER Sq Ft: 1.48
  • MAIN SO: AN6527

Exterior Features

  • Exterior Features: Patio
  • Home Warranty YN: No
  • Patio And Porch Features: Patio
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Total Parking Spaces: 2

Utilities

  • Cooling Y N: Yes

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Shopping, Highway Access, House of Worship, Private School, Public School, T-Station
  • Rent Includes: Snow Removal, Gardener
  • Senior Community YN: No
  • UNIT BUILDING: 1001

Lot Info

  • Parcel Number: 5036064
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2017
Closed on
Mar 30, 2018
Sold by
183 Salem Street Llc
Bought by
Malladi Shiva P and Malladi Sai K
Seller's Agent
Stephanie Erb
Distinctive Properties LLC
Buyer's Agent
Vasundhara Garikapati
Key Prime Realty LLC
List Price
$699,000
Sold Price
$683,000
Premium/Discount to List
-$16,000
-2.29%
Current Estimated Value
$989,406

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$306,406
Avg. Annual Appreciation
5.37%
Original Mortgage
$580,150
Interest Rate
3.25%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Malladi Shiva P $683,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malladi Shiva P $500,000
Closed Malladi Shiva P $580,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2024 02/16/24 Rented $4,000 0.0% --
02/07/2024 02/07/24 For Rent $4,000 0.0% --
03/30/2018 03/30/18 Sold $683,000 -2.3% $273 / Sq Ft
01/30/2018 01/30/18 Pending -- -- --
11/08/2017 11/08/17 For Sale $699,000 -- $280 / 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 $9,372 $822,800 $0 $822,800
2024 $9,273 $791,200 $0 $791,200
2023 $9,513 $755,600 $0 $755,600
2022 $9,494 $712,200 $0 $712,200
2021 $9,402 $680,800 $0 $680,800
2020 $9,208 $660,100 $0 $660,100
2019 $8,622 $605,900 $0 $605,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73200115

MLS Property Information Network (MLS PIN)

APN: READ-023.0-1001-0094.0