NOT LISTED FOR SALE

218 Salem St Reading, MA 01867

Estimated Value: $883,000 - $1,021,000

4 Beds
3 Baths
2,080 Sq Ft
$464/Sq Ft Est. Value

Last Sold August 28, 2015

Last sale price $498,500 $240 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $5,774/month

229 Days on Market

About This Home

As of August 2015

Think about the opportunity for your family to attend READING PUBLIC SCHOOLS ! This nearly new 4 BEDROOM COLONIAL style home with OPEN CONCEPT 1st FLOOR with LARGE KITCHEN & ISLAND is perfect for family living & entertaining! Enjoy the FIREPLACED GREAT ROOM, , 4 BEDROOMS up including MASTER BEDROOM with WALK IN CLOSET & BATH en suite, 2.5 BATHS, 1st FLOOR LAUNDRY & oversized 2 CAR GARAGE . HARDWOOD FLOORS, Sliders to Deck overlooks 3 + Acres of private conservation land. Rooms to finish the basement too! Additional parking available. Easy access to Major Highways. And a short distance to Lake Quannapowitt recreation. NEW HOT WATER TANK installed of 3/13/2015 Move to READING NOW!

Last Agent to Sell the Property

Jan Triglione

Premier Realty Group, Inc. Listed on: 11/28/2014

Last Buyer's Agent

David Pollack

Redfin Corp.

Home Details

Home Type

Single Family

Year Built

1999

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1999

Interior Features

  • Appliances: Range
  • Fireplaces: 1
  • Has Basement: Yes
  • Fireplaces: 1
  • Primary Bathroom: Yes
  • Number of Rooms: 7
  • Amenities: Public Transportation, Shopping, Park, Highway Access, House of Worship, Public School, T-Station
  • Electric: Circuit Breakers
  • Energy: Insulated Windows
  • Flooring: Tile, Wall to Wall Carpet, Hardwood
  • Insulation: Full, Fiberglass
  • Basement: Full, Walk Out, Interior Access, Garage Access
  • Bedroom 2: Second Floor, 10X12
  • Bedroom 3: Second Floor, 12X11
  • Bedroom 4: Second Floor, 9X14
  • Bathroom #1: First Floor
  • Bathroom #2: Second Floor
  • Bathroom #3: Second Floor
  • Kitchen: First Floor, 22X11
  • Laundry Room: First Floor
  • Living Room: First Floor, 15X20
  • Master Bedroom: Second Floor, 13X16
  • Master Bedroom Description: Bathroom - Full, Ceiling Fan(s), Closet - Walk-in, Flooring - Wall to Wall Carpet
  • Dining Room: First Floor, 12X12

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Vinyl
  • Exterior Features: Deck - Wood
  • Foundation: Poured Concrete

Garage/Parking

  • Garage Parking: Under, Garage Door Opener
  • Garage Spaces: 2
  • Parking: Off-Street
  • Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Cooling Zones: 1
  • Heat Zones: 1
  • Hot Water: Natural Gas

Lot Info

  • Assessor Parcel Number: M:023.0-0000-0090.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2014
Closed on
Aug 28, 2015
Sold by
Brown Richard A
Bought by
Jwarchan Manindra and Yonjan Chayan
Seller's Agent
Jan Triglione
Premier Realty Group, Inc.
Buyer's Agent
David Pollack
Redfin Corp.
List Price
$579,900
Sold Price
$498,500
Premium/Discount to List
-$81,400
-14.04%
Current Estimated Value
$966,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$467,580
Avg. Annual Appreciation
6.55%
Original Mortgage
$398,800
Outstanding Balance
$315,143
Interest Rate
4.09%
Mortgage Type
New Conventional
Estimated Equity
$650,937

Purchase Details

Closed on
Dec 14, 1999
Sold by
Iapicca
Bought by
Brown Richard A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
7.9%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jwarchan Manindra $498,500 --
Brown Richard A $295,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jwarchan Manindra $398,800
Closed Brown Richard A $398,800
Previous Owner Brown Richard A $236,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2015 08/28/15 Sold $498,500 0.0% $240 / Sq Ft
07/15/2015 07/15/15 Pending -- -- --
06/22/2015 06/22/15 Off Market $498,500 -- --
06/19/2015 06/19/15 Price Changed $499,900 -4.8% $240 / Sq Ft
06/03/2015 06/03/15 Price Changed $525,000 -1.9% $252 / Sq Ft
05/14/2015 05/14/15 Price Changed $535,000 +1.9% $257 / Sq Ft
05/14/2015 05/14/15 Price Changed $525,000 -4.5% $252 / Sq Ft
03/12/2015 03/12/15 Price Changed $549,900 -5.2% $264 / Sq Ft
01/01/2015 01/01/15 For Sale $579,900 +16.3% $279 / Sq Ft
12/31/2014 12/31/14 Off Market $498,500 -- --
11/28/2014 11/28/14 For Sale $579,900 -- $279 / 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 $9,088 $797,900 $409,900 $388,000
2024 $9,167 $782,200 $401,800 $380,400
2023 $8,785 $697,800 $358,500 $339,300
2022 $8,342 $625,800 $321,500 $304,300
2021 $11,641 $573,300 $283,900 $289,400
2020 $205,018 $549,100 $271,900 $277,200
2019 $7,438 $522,700 $258,800 $263,900
2018 $7,115 $513,000 $254,000 $259,000
2017 $6,760 $481,800 $238,600 $243,200
2016 $7,302 $503,600 $264,100 $239,500
2015 $6,937 $471,900 $247,500 $224,400
2014 $6,688 $453,700 $238,000 $215,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71772595

MLS Property Information Network (MLS PIN)

APN: READ-000023-000000-000090