NOT LISTED FOR SALE

200 Martins Landing Unit 405 North Reading, MA 01864

Estimated Value: $540,000 - $594,000

2 Beds
2 Baths
1,120 Sq Ft
$338/mo HOA Fee

Last Sold June 30, 2021

Last sale price $440,000 $393 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $3,857/month

45 Days on Market

Highlights

  • Wood Flooring
  • Intercom
  • Forced Air Heating and Cooling System
  • J Turner Hood Rated A-
  • Tankless Water Heater

About This Home

As of June 2021

Owners Move, is Your Opportunity, to own this lovely Penthouse condo at desirable 55+ Martins Landing, offering stress free living, from the time you park in your LL garage in deeded space #12, behind your storage bin. Take the Elevator to the 1st floor to pick up your mail, then continue up to this Penthouse, just steps from the elevator. Once inside, you'll enjoy relaxing in the cozy study/den, convenient to laundry just steps across the hall! Gleaming hardwood was just added to this room to blend w/the hardwood that runs through-out the main living area! The maple kitchen boasts a center island, perfect for your morning coffee. All w/ granite counters & SS Appliances! Wide open space works for a large dining experience or a breakfast nook & sitting area, great for entertaining! Both the spacious Master Suite w/large walk-in closet & private bath & 2nd bedroom have new carpet & entire home has been freshly painted! Conveniently next to clubhouse & minutes to local conveniences!

Last Agent to Sell the Property

Melissa Kimball

LAER Realty Partners Listed on: 04/07/2021

LAER Realty Partners

Last Buyer's Agent

North Star Group

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,475

Year Built

  • Built in 2018

Lot Details

  • Year Round Access

HOA Fees

  • $338 per month

Parking

  • 1 Car Garage

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Tankless Water Heater
  • Natural Gas Water Heater
  • Private Sewer
  • Cable TV Available

Community Details

  • Call for details about the types of pets allowed

Listing and Financial Details

  • Assessor Parcel Number M:07-P:200 U:405

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,475

Year Built

Built in 2018

Lot Details

0

HOA Fees

$338 per month

Parking

1

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Garden, Mid-Rise
  • Restrictions: Adult Community
  • Year Built Description: Actual
  • List Price Per Sq Ft: 392.77
  • Comp Based On: Net Sale Price
  • Year Built: 2018
  • Year Round: Yes
  • Unit Building: 405
  • Unit Level: 4
  • Unit Placement: Top/Penthouse, Corner
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2018

Interior Features

  • Flooring: Tile, Wall to Wall Carpet, Hardwood
  • Interior Amenities: Cable Available, Intercom, Elevator
  • Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
  • No Bedrooms: 2
  • Master Bedroom: On Level: Fourth Floor, Bathroom - Full, Ceiling Fan(s), Closet - Linen, Closet - Walk-in, Flooring - Wall to Wall Carpet, Window(s) - Bay/Bow/Box, Cable Hookup
  • Bedroom 2: On Level: Fourth Floor, Closet, Flooring - Wall to Wall Carpet
  • Full Bathrooms: 2
  • Primary Bathroom: Yes
  • Bathroom 1: On Level: Fourth Floor, Bathroom - 3/4, Bathroom - With Shower Stall, Closet - Linen, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
  • Bathroom 2: On Level: Fourth Floor, Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
  • No Rooms: 5
  • Dining Room: On Level: Fourth Floor, Ceiling Fan(s), Flooring - Hardwood, Balcony - Exterior, Cable Hookup, Slider
  • Kitchen: On Level: Fourth Floor, Flooring - Hardwood, Countertops - Stone/Granite/Solid, Kitchen Island, Breakfast Bar / Nook, Cabinets - Upgraded, Open Floor Plan, Recessed Lighting, Stainless Steel Appliances
  • Laundry: On Level: Fourth Floor, Flooring - Stone/Ceramic Tile, Dryer Hookup - Electric, Washer Hookup
  • Laundry Features: In Unit
  • Other Room 1: Name: Study, On Level: Fourth Floor, Ceiling Fan(s), Flooring - Hardwood
  • No Living Levels: 1
  • Main Lo: G62134
  • Main So: AN2383
  • Estimated Sq Ft: 1120.00

Exterior Features

  • Construction: Frame, Stone/Concrete
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl, Stone, Composite
  • Insulation Feature: Full, Mixed
  • Exterior Unit Features: Deck - Composite, Covered Patio/Deck, Storage Shed, Gazebo, Screens, Professional Landscaping, Sprinkler System

Garage/Parking

  • Parking Feature: Off-Street, Common, Guest, Paved Driveway
  • Parking Spaces: 1
  • Garage Parking: Under, Garage Door Opener, Storage, Deeded
  • Garage Spaces: 1

Utilities

  • Sewer: City/Town Sewer, Private Sewerage
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Hot Water: Natural Gas, Tankless
  • Utility Connections: for Electric Range, for Electric Dryer, Washer Hookup, Icemaker Connection

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Shopping, Medical Facility, Highway Access
  • HOA Fees: 338.00
  • Association Fee Includes: Master Insurance, Security, Elevator, Exterior Maintenance, Road Maintenance, Landscaping, Snow Removal, Exercise Room, Walking/Jogging Trails, Refuse Removal, Clubhouse, Reserve Funds, Management Fee
  • Condo Association: Yes
  • Association Security: Intercom, TV Monitor
  • Management: Professional - Off Site

Association/Amenities

  • Condominium Name: Martins Landing

Lot Info

  • Assessments: 380800.00
  • Page: 369
  • Parcel Number: M:07-P:200 U:405
  • Zoning: RES Multi

Green Features

  • Energy Features: Insulated Windows, Insulated Doors, Prog. Thermostat

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Taxes: 5940.00
  • Assessor Parcel Number: 5068109
  • Tax Year: 2020

Multi Family

  • No Units: 450

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2021
Closed on
Jun 30, 2021
Sold by
Gorrasi Arthur J
Bought by
Grosse Denise and Grosse Gary
Seller's Agent
Melissa Kimball
LAER Realty Partners
Buyer's Agent
North Star Group
Compass
List Price
$439,900
Sold Price
$440,000
Premium/Discount to List
$100
0.02%
Current Estimated Value
$569,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,282
Avg. Annual Appreciation
6.13%
Original Mortgage
$325,000
Outstanding Balance
$294,887
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$274,395

Purchase Details

Listed on
Apr 4, 2018
Closed on
Dec 7, 2018
Sold by
Pulte Homes Of New Eng
Bought by
Gorrasi Arthur J
Seller's Agent
Jolene Morrow
Pulte Homes of New England
Buyer's Agent
Melissa Kimball
LAER Realty Partners
List Price
$412,995
Sold Price
$391,086
Premium/Discount to List
-$21,909
-5.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.77%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Grosse Denise $440,000 None Available
Gorrasi Arthur J $391,086 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grosse Denise $325,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/30/2021 06/30/21 Sold $440,000 0.0% $393 / Sq Ft
05/22/2021 05/22/21 Pending -- -- --
05/11/2021 05/11/21 For Sale $439,900 0.0% $393 / Sq Ft
04/11/2021 04/11/21 Pending -- -- --
04/07/2021 04/07/21 For Sale $439,900 +12.5% $393 / Sq Ft
12/21/2018 12/21/18 Sold $391,086 -6.4% $349 / Sq Ft View Prior Sale
10/30/2018 10/30/18 Pending -- -- --
10/27/2018 10/27/18 Price Changed $417,700 +0.2% $373 / Sq Ft
08/31/2018 08/31/18 Price Changed $417,055 +1.0% $372 / Sq Ft
04/04/2018 04/04/18 For Sale $412,995 -- $368 / 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 $6,475 $495,800 $0 $495,800
2024 $6,550 $495,800 $0 $495,800
2023 $6,035 $431,400 $0 $431,400
2022 $6,089 $405,900 $0 $405,900
2021 $6,132 $392,300 $0 $392,300
Source: Public Records

Agents Affiliated with this Home

  • Melissa Kimball

    Seller's Agent in 2021

    Melissa Kimball

    Laer Realty

    (978) 649-8909

    1 in this area

    10 Total Sales

    Melissa Kimball
    Section Image

  • N

    Buyer's Agent in 2021

    North Star Group

    Compass

  • J

    Seller's Agent in 2018

    Jolene Morrow

    Pulte Homes of New England

  • M

    Seller Co-Listing Agent in 2018

    Monika Taylor

    Redfin Corp.

See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72808048

MLS Property Information Network (MLS PIN)

APN: NREA-000007-000000-000200-000405

Massachusetts Middlesex County North Reading 01864

200 Martins Landing Unit 405, North Reading, MA

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