NOT LISTED FOR SALE

23 Abbott Rd North Reading, MA 01864

Estimated Value: $552,000 - $674,000

4 Beds
2 Baths
1,724 Sq Ft
$357/Sq Ft Est. Value

Last Sold November 27, 2018

Last sale price $429,900 $249 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $4,072/month

6 Days on Market

Highlights

  • Deck
  • Enclosed patio or porch
  • Storage Shed
  • E Ethel Little School Rated A
  • Tile Flooring

About This Home

As of November 2018

Looking for your FIRST HOME with RENTAL INCOME or an INVESTMENT property with little or nothing to do and a reliable tenant? Check out this 2 family home located in a neighborhood on a dead end street with easy access to Rt. 93. Built in 1930, it was stripped down to the studs approximately 10 years ago and updated with new insulation, windows, vinyl siding, two new gas heating systems, individual h/w heaters and wiring for separate electric services and newer septic. Interiors of both units are in move-in condition with updated kitchens and baths, two bedrooms and 1 full bath each, walk-in laundry closets with additional storage; upstairs unit is two floors and has an additional room to use as an office/den/playroom. Lovely front porch is currently being use for storage by the downstairs tenant. Large level back yard has a 12x10 shed and play structure.

Last Agent to Sell the Property

Kimberly Zecher

Coldwell Banker Realty - Andovers/Readings Regional Listed on: 09/27/2018

Coldwell Banker Realty - Andovers/Readings Regional

Last Buyer's Agent

Geoffrey Smith

GPS Real Estate, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,592

Year Built

  • Built in 1930

Lot Details

  • 10,019

Flooring

  • Wall to Wall Carpet
  • Tile

Outdoor Features

  • Deck
  • Enclosed patio or porch
  • Storage Shed

Utilities

  • Natural Gas Water Heater
  • Private Sewer

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:15-P:040

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,592

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.50
  • Year Built Description: Approximate, Renovated Since
  • List Price Per Sq Ft: 246.46
  • Comp Based On: Net Sale Price
  • Year Built: 1930
  • Lead Paint: Unknown
  • Ife Common: Storage
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1930

Interior Features

  • Flooring: Tile, Wall to Wall Carpet
  • Total Flrs: 3
  • No Bedrooms: 4
  • Total Brs: 4
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 9
  • Basement: Y
  • Basement Features: Partial, Bulkhead, Unfinished Basement
  • Main Lo: K95001
  • Main So: AN4476
  • Estimated Sq Ft: 1724.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Porch - Enclosed, Deck - Wood, Storage Shed
  • Foundation: Concrete Block, Fieldstone
  • Foundation Size: 99999

Garage/Parking

  • Parking Feature: Off-Street, Paved Driveway, Unpaved Driveway
  • Parking Spaces: 3

Utilities

  • Sewer: Private Sewerage
  • Water: City/Town Water
  • Electric Features: 100 Amps, Individually Metered
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Electric Dryer

Condo/Co-op/Association

  • Amenities: Park, Walk/Jog Trails, Golf Course, Medical Facility, Conservation Area, Highway Access, House of Worship, Public School

Schools

  • Elementary School: E Ethel Little
  • Middle School: NRMS
  • High School: NRHS

Lot Info

  • Assessments: 340200.00
  • Acre: 0.23
  • Lot Size: 10019.00
  • Page: 17
  • Parcel Number: M:15-P:040
  • Zoning: RA
  • Lot Description: Level

Green Features

  • Energy Features: Insulated Windows

Multi Family

  • Total Levels: 3
  • Total Rent: 2800
  • Total Rms: 9
  • No Units: 2
  • Mf Type: 2 Family - 2 Units Up/Down

Tax Info

  • Taxes: 5559.00
  • Assessor Parcel Number: 717321

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 9, 2015
Sold by
Eicher Charles
Bought by
Cne Rt
Total Days on Market
6
Current Estimated Value
$614,948

Purchase Details

Closed on
Oct 12, 2006
Sold by
Mainini Mary
Bought by
Eicher Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,800
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Similar Home in North Reading, MA

  • 16 Shirley Ave, North Reading, MA 01864

    $749,000

    • 5 Beds
    • 2.5 Baths
    • 2,700 Sq Ft
    • 16 Shirley Ave
    • North Reading, MA

    Rare opportunity to own two separate dwellings on a single parcel situated between Rt 62 and Rt 28 in North Reading. This unique property offers flexibility for multi-generational living, investment, or potential rental income. The main home, known as 16 Shirley, features a classic layout with three bedrooms (formerly four), one and a half bathrooms, and generous living space throughout. The

    Vision Realty Group LAER Realty Partners

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Cne Rt -- --
Eicher Charles $5,000 --
Mainini Mary $240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weise Daniel J $395,054
Closed Weise Daniel J $396,002
Closed Weise Daniel J $395,803
Closed Weise Daniel J $392,713
Previous Owner Fletcher James J $334,357
Previous Owner Eicher Charles N $50,000
Previous Owner Eicher Charles $269,500
Previous Owner Eicher Charles $232,800
Previous Owner Eicher James J $210,000
Previous Owner Eicher James J $168,000
Previous Owner Eicher James J $166,000
Previous Owner Fletcher James J $115,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2018 11/27/18 Sold $429,900 +1.2% $249 / Sq Ft
10/03/2018 10/03/18 Pending -- -- --
09/27/2018 09/27/18 For Sale $424,900 -- $246 / 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 $7,592 $581,300 $354,700 $226,600
2024 $7,719 $584,300 $334,500 $249,800
2023 $7,556 $540,100 $307,000 $233,100
2022 $7,112 $474,100 $279,200 $194,900
2021 $7,059 $451,600 $254,000 $197,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72401982

MLS Property Information Network (MLS PIN)

APN: NREA-000015-000000-000040