Seller's Agent in 2018
Adeline Matton
Aluxety
(978) 884-5609
111 Total Sales
248 Elm St North Reading, MA 01864
Estimated Value: $775,000 - $1,077,000
4
Beds
2
Baths
1,990
Sq Ft
$432/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Batchelder School Rated A
- Forced Air Heating System
About This Home
As of April 2018INVESTOR & CONTRACTORS welcome to your next project. Home features 4 bedrooms and 2 fulls baths with wide board pine floors and is awaiting your restoration. This historic home is also known as the Thomas Carter House, circa 1793. Located on 1.1 acres and abuts the Ipswich River, includes 3 bay barn/garage. Property will not qualify for conventional financing. Home will require extensive rehab. See Firm Remarks for offer submission instructions.
Co-Listed By
Rebecca English
Accurety, LLC License #454007829
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,853
Year Built
- Built in 1793
Lot Details
- 1.1
Utilities
- Forced Air Heating System
- Heating System Uses Gas
- Private Sewer
Additional Features
- Wood Flooring
- Property is zoned RB
- Basement
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 25, 2019
Sold by
Maloney James
Bought by
Maloney James J
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$347,000
Outstanding Balance
$305,691
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$514,272
Purchase Details
Closed on
Jan 3, 2019
Sold by
Maloney James J
Bought by
Maloney James J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$347,000
Outstanding Balance
$305,691
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$514,272
Purchase Details
Listed on
Mar 7, 2018
Closed on
Apr 12, 2018
Sold by
Trifera Llc
Bought by
Atlantica Llc
Seller's Agent
Adeline Matton
Aluxety
Buyer's Agent
Sarah McCoy
LAER Realty Partners
List Price
$289,900
Sold Price
$295,000
Premium/Discount to List
$5,100
1.76%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.69%
Purchase Details
Closed on
Sep 21, 2017
Sold by
Preston Ridge Ptnrs In
Bought by
Trifera Llc
Purchase Details
Closed on
Feb 11, 2016
Sold by
Russell Bruce
Bought by
Preston Ridge Partners
Purchase Details
Closed on
Aug 2, 2005
Sold by
Cobery Colleen M and Cobery Marc
Bought by
Russell Bruce and Russell Pamela
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
5.67%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 30, 2002
Sold by
Peckham Matthew A and Pignetti Lisa A
Bought by
Cobery Marc and Cobery Colleen M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,600
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 28, 2000
Sold by
Doyle James S and Doyle Margaret L
Bought by
Peckham Matthew A and Pignetti Lisa S
Purchase Details
Closed on
Sep 17, 1990
Sold by
Newcomer Eric A
Bought by
Downes Margaret L
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Maloney James J | $500,000 | -- | |
| Maloney James J | $500,000 | -- | |
| Maloney James J | -- | -- | |
| Maloney James J | -- | -- | |
| Atlantica Llc | -- | -- | |
| Atlantica Llc | -- | -- | |
| Maloney James J | $295,000 | -- | |
| Maloney James J | $295,000 | -- | |
| Trifera Llc | -- | -- | |
| Trifera Llc | -- | -- | |
| Preston Ridge Partners | $254,900 | -- | |
| Preston Ridge Partners | $254,900 | -- | |
| Russell Bruce | $375,000 | -- | |
| Russell Bruce | $375,000 | -- | |
| Cobery Marc | $344,900 | -- | |
| Cobery Marc | $344,900 | -- | |
| Peckham Matthew A | $247,500 | -- | |
| Downes Margaret L | $186,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Maloney James J | $347,000 | |
| Closed | Maloney James J | $347,000 | |
| Previous Owner | Russell Bruce | $230,000 | |
| Previous Owner | Cobery Marc | $300,600 | |
| Previous Owner | Downes Margaret L | $25,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/12/2018 04/12/18 | Sold | $295,000 | +1.8% | $148 / Sq Ft |
| 03/19/2018 03/19/18 | Pending | -- | -- | -- |
| 03/07/2018 03/07/18 | For Sale | $289,900 | -- | $146 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $7,853 | $601,300 | $407,800 | $193,500 |
| 2024 | $7,531 | $570,100 | $384,500 | $185,600 |
| 2023 | $7,318 | $523,100 | $353,200 | $169,900 |
| 2022 | $7,133 | $475,500 | $321,400 | $154,100 |
| 2021 | $6,929 | $443,300 | $295,500 | $147,800 |
Source: Public Records
Agents Affiliated with this Home
-
Adeline Matton
-
R
Seller Co-Listing Agent in 2018
Rebecca English
Accurety, LLC
-
Sarah McCoy
Buyer's Agent in 2018
Sarah McCoy
Laer Realty
(781) 241-3781
73 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72290297
APN: NREA-000062-000000-000047
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