NOT LISTED FOR SALE

237 Main St Unit A4 Reading, MA 01867

Estimated Value: $331,000 - $390,419

2 Beds
1 Bath
760 Sq Ft
1969 Built

Last Sold May 06, 2020

Last sale price $244,000 $321 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $2,231/month

48 Days on Market

Highlights

  • Tile Flooring
  • Walter S. Parker Middle School Rated A-
  • Central Heating

About This Home

As of May 2020

SINGLE LEVEL LIVING AT BELMONT ARMS! This spacious, first floor END unit features open concept living in the kitchen, dining and living areas and a generous master bedroom with ample closet space. Freshly painted and newly carpeted, this back-facing unit offers 1 deeded parking space and a LOW condo fee that includes heat and hot water! Laundry is conveniently located on the same level. Ideal location with easy access to major highways and Commuter Rail to Boston. Located just minutes from Reading's vibrant town center, trendy restaurants and shopping makes living with or without a car a breeze! Now's your opportunity to build equity rather than pay rent!

Last Agent to Sell the Property

Steven MacDonald

Coldwell Banker Realty - Lynnfield Listed on: 03/04/2020

Coldwell Banker Realty - Lynnfield

Last Buyer's Agent

The Elite Team

Phoenix Real Estate Partners, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,640

Year Built

  • Built in 1969

Lot Details

  • Year Round Access

Flooring

  • Wall to Wall Carpet
  • Tile

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Central Heating

Community Details

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,640

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Garden
  • Other Agent: 2.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 315.13
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1969
  • Lead Paint: Unknown
  • Year Round: Yes
  • Unit Building: A4
  • Unit Level: 1
  • Unit Placement: Ground
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1969

Interior Features

  • Flooring: Tile, Wall to Wall Carpet
  • No Bedrooms: 2
  • Full Bathrooms: 1
  • No Rooms: 5
  • No Living Levels: 1
  • Main Lo: K95001
  • Main So: AN2591
  • Estimated Sq Ft: 760.00

Exterior Features

  • Construction: Brick
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Brick

Garage/Parking

  • Parking Feature: Deeded
  • Parking Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Cooling: Wall AC
  • Heating: Central Heat
  • Heat Zones: 3

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Golf Course, Highway Access, House of Worship, Private School, Public School
  • HOA Fees: 330.00
  • Association Fee Includes: Heat, Hot Water, Gas, Water, Master Insurance, Laundry Facilities, Exterior Maintenance, Road Maintenance, Landscaping, Snow Removal, Extra Storage, Refuse Removal, Reserve Funds
  • Condo Association: Yes
  • Association Security: Intercom
  • Management: Professional - Off Site

Association/Amenities

  • Condominium Name: Belmont Arms

Schools

  • Elementary School: Reading
  • Middle School: Parker
  • High School: RMHS

Lot Info

  • Assessments: 215.00
  • Page: 274
  • Zoning: MULTI FAM

Green Features

  • Energy Features: Insulated Windows

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Taxes: 3000.65
  • Assessor Parcel Number: 731648

Multi Family

  • No Units: 46

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 30, 2025
Sold by
Huang Ziwei and Gu Xingxin
Bought by
Gu Xingxin
Current Estimated Value
$365,105

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,000
Outstanding Balance
$176,404
Interest Rate
6.91%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$179,158

Purchase Details

Listed on
Mar 4, 2020
Closed on
May 6, 2020
Sold by
Huang Ziwei
Bought by
Huang Ziwei and Gu Xingxin
Seller's Agent
Steven MacDonald
Coldwell Banker Realty - Lynnfield
Buyer's Agent
The Elite Team
Phoenix Real Estate Partners, LLC
List Price
$239,500
Sold Price
$244,000
Premium/Discount to List
$4,500
1.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.24%
Original Mortgage
$195,200
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 4, 2020
Closed on
May 4, 2020
Sold by
Larosa Joseph A and Larosa Pamela J
Bought by
Huang Ziwei
Seller's Agent
Steven MacDonald
Coldwell Banker Realty - Lynnfield
Buyer's Agent
The Elite Team
Phoenix Real Estate Partners, LLC
List Price
$239,500
Sold Price
$244,000
Premium/Discount to List
$4,500
1.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,200
Interest Rate
3.5%
Mortgage Type
New Conventional
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
Gu Xingxin -- None Available
Gu Xingxin -- None Available
Huang Ziwei -- None Available
Huang Ziwei $244,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gu Xingxin $177,000
Closed Gu Xingxin $177,000
Previous Owner Huang Ziwei $195,200
Previous Owner Larosa Joseph A $120,000
Previous Owner Larosa Joseph A $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2020 05/06/20 Sold $244,000 +1.9% $321 / Sq Ft
04/21/2020 04/21/20 Pending -- -- --
03/04/2020 03/04/20 For Sale $239,500 -- $315 / 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 $3,640 $319,600 $0 $319,600
2024 $3,573 $304,900 $0 $304,900
2023 $3,621 $287,600 $0 $287,600
2022 $3,169 $237,700 $0 $237,700
2021 $3,157 $228,600 $0 $228,600
2020 $3,001 $215,100 $0 $215,100
2019 $2,843 $199,800 $0 $199,800
2018 $2,411 $173,800 $0 $173,800
2017 $2,257 $160,900 $0 $160,900
2016 $2,348 $161,900 $0 $161,900
2015 $2,380 $161,900 $0 $161,900
2014 $2,261 $153,400 $0 $153,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72628192

MLS Property Information Network (MLS PIN)

APN: READ-000012-000704-000079