Seller's Agent in 2023
Susan Gormady
Classified Realty Group
(617) 212-6301
179 Total Sales
243 Washington St Reading, MA 01867
Estimated Value: $699,646
4
Beds
4
Baths
2,400
Sq Ft
$292/Sq Ft
Est. Value
Highlights
- Deck
- Property is near golf course, public transit, and schools
- Community Pool
- J. Warren Killam Elementary School Rated A-
- Wood Flooring
- Tennis Courts
About This Home
As of November 2023Discover the potential of this unique 2-family property with bonus “commercial” space, no longer in use but possible to reinstate through the ZBA. Buyer must perform their own due diligence since property is no longer zoned for commercial use. However, the bonus unit provides loads of other options in connection with the 2 family! Both apartments offer open floor plan, full bath, in-unit laundry with unit 1 featuring an additional room ideal for home office or additional bedroom. Plenty of storage in full basement with parking to accommodate up to 8 cars, plus updated systems. Located just minutes from downtown Reading, commuter rail station, major grocery stores, Starbucks, & all your favorite restaurants, plus seconds to RT 95 & 93. Contact us today to schedule a viewing & explore the possibilities this property holds. With its commuter friendly location & versatile features, it's an investment that promises both convenience & potential for growth.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,106
Year Built
- Built in 1935
Lot Details
- 6,820
Home Design
- Duplex
- Block Foundation
- Frame Construction
- Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,400 Sq Ft Home
- Property has 1 Level
- Unfinished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Freezer
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Laundry Room
- Washer
Parking
- 8 Car Parking Spaces
- Common or Shared Parking
- Tandem Parking
- Driveway
- Paved Parking
- Open Parking
- Off-Street Parking
Schools
- Check Super Elementary And Middle School
- RMHS High School
Utilities
- Cooling Available
- 3 Heating Zones
- Heating Available
- Separate Meters
- 100 Amp Service
- Natural Gas Connected
Additional Features
- Deck
- 6,820 Sq Ft Lot
- Property is near golf course, public transit, and schools
Listing and Financial Details
- Total Actual Rent $3,500
- Rent includes unit 1(water), unit 2(water)
- Assessor Parcel Number M:017.000000098.0,4235438
Community Details
Overview
- 2 Units
- Near Conservation Area
Amenities
- Shops
- Coin Laundry
Recreation
- Tennis Courts
- Community Pool
- Park
- Jogging Path
Building Details
- Net Operating Income $42,000
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 27, 2023
Closed on
Nov 7, 2023
Sold by
Bought by
Seller's Agent
Susan Gormady
Classified Realty Group
Buyer's Agent
Jamie Conn
Classified Realty Group
List Price
$675,000
Sold Price
$642,000
Premium/Discount to List
-$33,000
-4.89%
Views
76
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,646
Avg. Annual Appreciation
3.34%
Purchase Details
Closed on
May 11, 2017
Sold by
Bought by
Purchase Details
Closed on
Dec 2, 2016
Sold by
Bought by
Purchase Details
Closed on
May 19, 2015
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$530,000
Interest Rate
3.69%
Mortgage Type
Commercial
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $642,000 | None Available | ||
| -- | -- | ||
| -- | -- | ||
| -- | -- | ||
| $517,500 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $530,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/08/2023 11/08/23 | Sold | $642,000 | -4.9% | $268 / Sq Ft |
| 10/01/2023 10/01/23 | Pending | -- | -- | -- |
| 09/27/2023 09/27/23 | For Sale | $675,000 | -- | $281 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $0 | $623,700 | $324,600 | $299,100 |
| 2024 | $6,922 | $787,400 | $381,500 | $405,900 |
| 2023 | $0 | $723,300 | $348,200 | $375,100 |
| 2022 | $6,922 | $633,500 | $302,800 | $330,700 |
| 2021 | $4,230 | $609,700 | $277,400 | $332,300 |
| 2020 | $8,025 | $579,700 | $264,000 | $315,700 |
| 2019 | $0 | $552,700 | $251,700 | $301,000 |
| 2018 | $5,320 | $517,900 | $235,100 | $282,800 |
| 2017 | $6,922 | $493,400 | $223,700 | $269,700 |
| 2016 | $6,013 | $414,700 | $212,800 | $201,900 |
| 2015 | $5,712 | $388,600 | $199,400 | $189,200 |
| 2014 | $5,321 | $361,000 | $191,700 | $169,300 |
Source: Public Records
Agents Affiliated with this Home
-
Susan Gormady
-
Jamie Conn
Buyer's Agent in 2023
Jamie Conn
Classified Realty Group
(781) 443-2603
65 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73163925
APN: READ-000017-000000-000098
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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