Padma Sonti
Keller Williams Realty/Merrimack Valley
(351) 300-4458
57 Total Sales
1 in Reading
$865,000 Price
25 Minot St Reading, MA 01867
Reading Area
10
Beds
12
Baths
8,760
Sq Ft
0.42
Acre Lot
Highlights
- Property is near golf course and public transit
- Wood Flooring
- Laundry Room
- Joshua Eaton Elementary School Rated A-
- Balcony
- Shops
About This Home
As of December 2022The Perfect End of the Year "Investment Purchase". A strong brick 12 unit complex with private parking lot. Steps to the commuter rail or highway. There are 10 one bedroom units and 2 studio units. All units are currently rented with no fixed term leases. The one bedroom units have balconies. Efficient Gas Heating and a newer roof makes this a great property. ***Update of heating system - there are two heating systems one for each building. One gas meter with two lines one for each building. There are 12 zones with thermostats in each unit. There is one water heater for both buildings. The Electric is paid by the tenant as each unit is individually metered.
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $17,362
Year Built
- Built in 1961
Lot Details
- 0.42
Home Design
- 8,760 Sq Ft Home
- Brick Exterior Construction
- Frame Construction
- Shingle Roof
- Concrete Perimeter Foundation
Flooring
- Wood
- Wall to Wall Carpet
- Laminate
Bedrooms and Bathrooms
- 10 Bedrooms
- 12 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- 12 Car Parking Spaces
- Driveway
- Paved Parking
- Open Parking
- Off-Street Parking
Utilities
- No Cooling
- 12 Heating Zones
- Heating System Uses Natural Gas
- Separate Meters
- Gas Water Heater
Additional Features
- Balcony
- 18,305 Sq Ft Lot
- Property is near golf course and public transit
Listing and Financial Details
- Total Actual Rent $12,792
- Rent includes unit 1(heat water hot water), unit 2(heat water hot water), unit 3(heat water hot water), unit 4(heat water hot water)
- Assessor Parcel Number M:016.000000122.0
Community Details
Overview
- 12 Units
- Property has 1 Level
Amenities
- Shops
Building Details
- Operating Expense $47,531
- Net Operating Income $102,175
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
Nov 21, 2022
Closed on
Dec 27, 2022
Sold by
M And D Minot Street Rt and Pascuccio
Bought by
Seller's Agent
Mary Lawton
Lawton Real Estate, Inc
Buyer's Agent
Caroline Ligotti
Coldwell Banker Realty - Boston
List Price
$1,999,999
Sold Price
$2,445,000
Premium/Discount to List
$445,001
22.25%
Purchase Details
Closed on
Jan 31, 2002
Sold by
Highland Rt and Deangelis
Bought by
Pascuccio
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Reading, MA
-
Padma Sonti
-
Matheus Goncalves
Matheus Goncalves
Mega Realty Services Inc
(508) 761-1925
163 Total Sales
1 in Reading
$710,000 Price
-
Eugene Clements
Eugene Clements
Clements Realty Group
(351) 666-8361
46 Total Sales
1 in Reading
$579,000 Price
-
Richard Pignone
Richard Pignone
Pignone Realty Group LLC
(781) 734-6832
22 Total Sales
1 in Reading
$505,000 Price
-
Nicholas Newhall
Nicholas Newhall
Real Estate by Hughes & Assoc. Inc.
(781) 537-0925
30 Total Sales
1 in Reading
$340,000 Price
-
Donald Cranley
Donald Cranley
Leading Edge Real Estate
(781) 782-2865
40 Total Sales
1 in Reading
$675,000 Price
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 |
|---|---|---|---|
| $2,445,000 | None Available | ||
| Pascuccio | $820,000 | -- |
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 |
|---|---|---|---|---|
| 12/29/2022 12/29/22 | Sold | $2,445,000 | +22.3% | $279 / Sq Ft |
| 12/01/2022 12/01/22 | Pending | -- | -- | -- |
| 11/21/2022 11/21/22 | For Sale | $1,999,999 | -- | $228 / 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 | $27,515 | $2,415,700 | $745,900 | $1,669,800 |
| 2024 | $27,294 | $2,328,800 | $719,000 | $1,609,800 |
| 2023 | $16,726 | $1,328,500 | $428,400 | $900,100 |
| 2022 | $17,362 | $1,302,500 | $420,000 | $882,500 |
| 2021 | $5,289 | $1,046,500 | $370,800 | $675,700 |
| 2020 | $3,578 | $1,046,500 | $370,800 | $675,700 |
| 2019 | $5,169 | $1,046,500 | $370,800 | $675,700 |
| 2018 | $14,232 | $1,026,100 | $363,600 | $662,500 |
| 2017 | $14,254 | $1,016,000 | $360,000 | $656,000 |
| 2016 | $13,626 | $939,700 | $360,000 | $579,700 |
| 2015 | $13,814 | $939,700 | $360,000 | $579,700 |
| 2014 | $13,851 | $939,700 | $360,000 | $579,700 |
Source: Public Records
Agents Affiliated with this Home
-
Mary Lawton
Seller's Agent in 2022
Mary Lawton
Lawton Real Estate, Inc
(617) 974-0444
103 Total Sales
-
Caroline Ligotti
Buyer's Agent in 2022
Caroline Ligotti
Coldwell Banker Realty - Boston
(508) 769-2557
18 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73060092
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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