NOT LISTED FOR SALE

241 Main St Unit C12 Reading, MA 01867

Estimated Value: $335,000 - $375,620

1 Bed
1 Bath
632 Sq Ft
$306/mo HOA Fee

Last Sold January 03, 2024

Last sale price $350,000 $554 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,587/month

5 Days on Market

Highlights

  • Medical Services
  • Property is near public transit
  • Jogging Path
  • Walter S. Parker Middle School Rated A-
  • Main Floor Primary Bedroom
  • Window Unit Cooling System

About This Home

As of January 2024

Perfectly suited as a hassle-free investment condominium or your ideal personal residence. Strategically situated for effortless commuting, this property provides seamless access to the commuter rail, Routes 95 and 93, and the vibrant downtown Reading. Enjoy the convenience of your deeded parking spot, complemented by ample guest parking, storage space and in-building laundry. Inside, this thoughtfully positioned one-bedroom unit boasts an open kitchen featuring granite countertops, and luminous living room adorned with custom-cut carpeting, creating a comfortable and stylish space. Experience worry-free living with a remarkably low condo fee covering heat, hot water, water, sewer, and master insurance. Don't wait to elevate your lifestyle with the perfect blend of comfort, convenience, and value in this exceptional property!

Last Agent to Sell the Property

The McLaren D'Agostino Team

Compass Listed on: 11/15/2023

Compass

Co-Listed By

Susan McLaren

Compass

Last Buyer's Agent

The McLaren D'Agostino Team

Compass Listed on: 11/15/2023

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,576

Year Built

  • Built in 1969

Lot Details

  • Near Conservation Area
  • Two or More Common Walls

HOA Fees

  • $306 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 632 Sq Ft Home
  • 1-Story Property

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Parking

  • 1 Car Parking Space
  • Deeded Parking

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Window Unit Cooling System
  • 1 Heating Zone
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number M:012.007340079.0,731664

Community Details

Overview

  • Association fees include heat, water, insurance, maintenance structure, ground maintenance, snow removal, trash
  • 44 Units
  • Mid-Rise Condominium
  • Belmont Arms Community

Amenities

  • Medical Services
  • Shops
  • Laundry Facilities

Recreation

  • Park
  • Jogging Path

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,576

Year Built

Built in 1969

Lot Details

0

HOA Fees

$306 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Mid-Rise
  • Year Built: 1969
  • Buyer Agency: 2.25
  • Entry Level: 3
  • Transaction Broker: 1
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile, Carpet
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Disposal,Microwave
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Level: First
  • Room Master Bedroom Area: 136.048611
  • Master Bathroom Features: No
  • Bathroom 1 Area: 57.847222
  • Bathroom 1 Level: First
  • Room Dining Room Level: First
  • Room Dining Room Area: 103.298611
  • Room Kitchen Level: First
  • Room Kitchen Area: 58.138888
  • Laundry Features: In Building
  • Room Living Room Level: First
  • Room Living Room Area: 214
  • Basement: N
  • Living Area: 632
  • Spa YN: No
  • Stories Total: 1
  • MAIN LO: AN2383
  • LIST PRICE PER Sq Ft: 482.59
  • PRICE PER Sq Ft: 553.8
  • MAIN SO: AN2383

Exterior Features

  • Common Walls: 2+ Common Walls
  • Construction Materials: Brick
  • Home Warranty YN: No
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Deeded
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Heating: Baseboard, Natural Gas
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 1

Condo/Co-op/Association

  • Association Amenities: Hot Water, Laundry
  • Association Fee: 306
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Conservation Area, Highway Access, Public School
  • Senior Community YN: No
  • UNIT BUILDING: C12
  • MANAGEMENT: Professional - Off Site
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash

Lot Info

  • Parcel Number: M:012.007340079.0,731664
  • Zoning: A40
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • PAGE: 159
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3576
  • Tax Book Number: 59710

Multi Family

  • Number Of Units Total: 44
  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2023
Closed on
Jan 3, 2024
Sold by
Ball Raymond F
Bought by
Ding Ning
Seller's Agent
The McLaren D'Agostino Team
Compass
Buyer's Agent
The McLaren D'Agostino Team
Compass
List Price
$305,000
Sold Price
$350,000
Premium/Discount to List
$45,000
14.75%
Total Days on Market
5
Views
96
Current Estimated Value
$356,905

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,905
Avg. Annual Appreciation
1.13%
Original Mortgage
$200,000
Outstanding Balance
$197,577
Interest Rate
7.29%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$158,350

Purchase Details

Closed on
Feb 11, 2005
Sold by
Lane Ingrid E
Bought by
Pambianchi Jamie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,200
Interest Rate
5.83%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Ding Ning $350,000 None Available
Pambianchi Jamie $176,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ding Ning $200,000
Previous Owner Ball 4Th Raymond F $153,900
Previous Owner Pambianchi Jamie $167,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2024 01/03/24 Sold $350,000 +14.8% $554 / Sq Ft
11/21/2023 11/21/23 Pending -- -- --
11/15/2023 11/15/23 For Sale $305,000 +87.1% $483 / Sq Ft
08/07/2012 08/07/12 Sold $163,000 -1.2% $258 / Sq Ft
07/07/2012 07/07/12 Pending -- -- --
06/14/2012 06/14/12 For Sale $164,900 -- $261 / 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 $3,594 $315,500 $0 $315,500
2024 $3,528 $301,000 $0 $301,000
2023 $3,576 $284,000 $0 $284,000
2022 $3,127 $234,600 $0 $234,600
2021 $3,117 $225,700 $0 $225,700
2020 $2,962 $212,300 $0 $212,300
2019 $2,808 $197,300 $0 $197,300
2018 $2,379 $171,500 $0 $171,500
2017 $2,228 $158,800 $0 $158,800
2016 $2,320 $160,000 $0 $160,000
2015 $2,352 $160,000 $0 $160,000
2014 $2,235 $151,600 $0 $151,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73180721

MLS Property Information Network (MLS PIN)

APN: READ-000012-000734-000079