NOT LISTED FOR SALE

259 Main St Reading, MA 01867

Estimated Value: $557,500

4.3 Acres
$129,651 Price per Acre
187,308 Sq Ft Lot

Last Sold November 04, 2020

Last sale price $2,000,000 $1,972 Per Sq Ft

Current estimated payment $3,490/month

158 Days on Market

About This Lot

As of November 2020

You've been waiting so long for the last parcel on Main Street to come to market & now is your opportunity to develop it. Zoned A-40, this parcel is the combination of 259 Main & 267 Main. See attached land survey and photos online. Showings by appointment only. Cross Listed as COML MLS 72318592

Last Agent to Sell the Property

Jan Triglione

Premier Realty Group, Inc. Listed on: 05/01/2018

Last Buyer's Agent

Lauretta Raffi

Boardwalk Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,104

Lot Details

Listing and Financial Details

  • Assessor Parcel Number M:012.0-0000-0040.0

Property Details

Property Type

Land

Est. Annual Taxes

$4,104

Lot Details

0

Listing Details

  • Property Type: Land
  • Comp Based On: Net Sale Price
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Main Lo: B95198
  • Main So: B95198

Utilities

  • Sewer: Public
  • Water: Public
  • Electric Features: On-Site

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Highway Access, House Of Worship, Public School, T-Station

Lot Info

  • Assessments: 787100.00
  • Zoning: A40
  • Acre: 4.30
  • Lot Size: 187696.00
  • Land Description: Wooded
  • Lots And Land Type: Residential
  • Page: 241
  • Zone Usage: Multi-Family
  • Parcel Number: M:012.0-0000-0040.0

Tax Info

  • Taxes: 10917.07
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2018
Closed on
Oct 13, 2020
Sold by
259-267 Main Street Llc
Bought by
269 Main Street Llc
Seller's Agent
Jan Triglione
Premier Realty Group, Inc.
Buyer's Agent
Lauretta Raffi
Boardwalk Real Estate
List Price
$2,929,000
Sold Price
$2,000,000
Premium/Discount to List
-$929,000
-31.72%
Current Estimated Value
$557,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,442,500
Original Mortgage
$8,460,000
Outstanding Balance
$7,524,719
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 4, 2019
Sold by
Dooley Mary E Est
Bought by
259-267 Main Street Llc

Purchase Details

Closed on
Oct 16, 1981
Bought by
Dooley David L and Dooley Elinor
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
269 Main Street Llc $2,000,000 None Available
259-267 Main Street Llc -- --
Dooley David L $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 269 Main Street Llc $8,460,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/04/2020 11/04/20 Sold $2,000,000 -31.7% $1,972 / Sq Ft
10/06/2018 10/06/18 Pending -- -- --
08/20/2018 08/20/18 For Sale $2,929,000 0.0% $2,889 / Sq Ft
05/09/2018 05/09/18 Pending -- -- --
05/01/2018 05/01/18 For Sale $2,929,000 -- $2,889 / 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
2021 $4,104 $305,400 $270,600 $34,800
2020 $3,874 $292,800 $259,200 $33,600
2019 $3,703 $278,900 $246,700 $32,200
2018 $3,799 $273,900 $242,200 $31,700
2017 $3,613 $257,500 $227,400 $30,100
2016 $3,642 $251,200 $225,000 $26,200
2015 $3,521 $239,500 $214,300 $25,200
2014 $3,367 $228,400 $204,100 $24,300
Source: Public Records

Agents Affiliated with this Home

  • Jan Triglione

    Seller's Agent in 2020

    Jan Triglione

    Premier Realty Group, Inc.

    (781) 864-2448

    32 in this area

    98 Total Sales

    Jan Triglione
    Section Image

  • L

    Buyer's Agent in 2020

    Lauretta Raffi

    Boardwalk Real Estate

    2 in this area

    2 Total Sales

    Lauretta Raffi
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72318588

MLS Property Information Network (MLS PIN)

APN: READ-000012-000000-000039

Massachusetts Middlesex County Reading 01867

259 Main St, Reading, MA

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MLS Property Information Network (MLS PIN) 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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