261 Salem St Unit 3 Reading, MA 01867
Estimated Value: $528,000 - $550,000
2
Beds
2
Baths
1,116
Sq Ft
2005
Built
Highlights
- Engineered Wood Flooring
- Walter S. Parker Middle School Rated A-
- Forced Air Heating and Cooling System
About This Home
As of April 2020***Stunning Corner Unit on the first floor with direct garage access and a very low condo fee make this a very desirable unit. But the location is unsurpassed for access to Route 128, Lake Quannapowitt and just down the street from the Center of Reading! All rooms especially the kitchen and master bedroom make this the best deal in Reading. Oversized eat in kitchen is open to the living room with sliding glass doors to your private patio area. Views of the Gazebo and woods out back make this feel like your in the country. Master suite with generous closet and full bath. The second bedroom has large windows overlooking the yard and across the hall from the second full bath with tub. Laundry in the unit. Direct garage access into your kitchen is especially nice on rainy days or cold winter nights. Maplewood Village is an over 55 community and units rarely become available in this complex. Do not miss out!
Last Agent to Sell the Property
Coldwell Banker Realty - Lynnfield Listed on: 03/04/2020
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,163
Year Built
- Built in 2005
Parking
- 1 Car Garage
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Electric Water Heater
Additional Features
- Engineered Wood Flooring
- Year Round Access
Community Details
- Call for details about the types of pets allowed
Listing and Financial Details
- Assessor Parcel Number M:023.0-0732-0098.0
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 4, 2020
Closed on
Apr 7, 2020
Sold by
Salem 261 Irt
Bought by
Boudreau Donald M and Boudreau Cynthia R
Seller's Agent
Penny McKenzie
Coldwell Banker Realty - Lynnfield
Buyer's Agent
Chuha & Scouten Team
Leading Edge Real Estate
List Price
$448,000
Sold Price
$452,500
Premium/Discount to List
$4,500
1%
Total Days on Market
7
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
$90,333
Avg. Annual Appreciation
3.57%
Purchase Details
Closed on
Sep 27, 2019
Sold by
Venuto Maryanne
Bought by
Salem 261 Irt
Purchase Details
Closed on
Sep 21, 2017
Sold by
Venuto Frank M
Bought by
Venuto Onofreo A and Venuto Maryanne
Purchase Details
Listed on
Jan 26, 2017
Closed on
Mar 9, 2017
Sold by
Mccauley Mary M and Testa Donna M
Bought by
Venuto Onofreo A and Venuto Frank M
Seller's Agent
Mary Ann Quinn
Wilson Wolfe Real Estate
Buyer's Agent
Deborah Miller
Leading Edge Real Estate
List Price
$359,900
Sold Price
$400,000
Premium/Discount to List
$40,100
11.14%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.75%
Original Mortgage
$315,000
Interest Rate
4.19%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 20, 2005
Sold by
Maplewood Village Cond
Bought by
Mccauley Mary M and Mccauley Peter E
Similar Homes in the area
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 |
|---|---|---|---|
| Boudreau Donald M | $452,500 | None Available | |
| Salem 261 Irt | -- | -- | |
| Venuto Onofreo A | -- | -- | |
| Venuto Onofreo A | $400,000 | -- | |
| Mccauley Mary M | $309,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Venuto Onofreo A | $315,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/09/2020 04/09/20 | Sold | $452,500 | +1.0% | $405 / Sq Ft |
| 03/11/2020 03/11/20 | Pending | -- | -- | -- |
| 03/04/2020 03/04/20 | For Sale | $448,000 | +12.0% | $401 / Sq Ft |
| 03/07/2017 03/07/17 | Sold | $400,000 | +11.1% | $358 / Sq Ft |
| 02/01/2017 02/01/17 | Pending | -- | -- | -- |
| 01/26/2017 01/26/17 | For Sale | $359,900 | -- | $322 / 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 | $5,163 | $453,300 | $0 | $453,300 |
| 2024 | $5,208 | $444,400 | $0 | $444,400 |
| 2023 | $5,521 | $438,500 | $0 | $438,500 |
| 2022 | $5,765 | $432,500 | $0 | $432,500 |
| 2021 | $5,115 | $370,400 | $0 | $370,400 |
| 2020 | $5,167 | $370,400 | $0 | $370,400 |
| 2019 | $5,052 | $355,000 | $0 | $355,000 |
| 2018 | $4,692 | $338,300 | $0 | $338,300 |
| 2017 | $4,318 | $307,800 | $0 | $307,800 |
| 2016 | $4,433 | $305,700 | $0 | $305,700 |
| 2015 | $4,361 | $296,700 | $0 | $296,700 |
| 2014 | $4,247 | $288,100 | $0 | $288,100 |
Source: Public Records
Agents Affiliated with this Home
-
Penny McKenzie
P
Seller's Agent in 2020
Penny McKenzie
Coldwell Banker Realty - Lynnfield
(781) 929-7237
3 in this area
28 Total Sales
-
Chuha & Scouten Team
C
Buyer's Agent in 2020
Chuha & Scouten Team
Leading Edge Real Estate
34 in this area
153 Total Sales
-
Mary Ann Quinn
Seller's Agent in 2017
Mary Ann Quinn
Wilson Wolfe Real Estate
(617) 710-6852
75 in this area
116 Total Sales
-
Buyer's Agent in 2017
Deborah Miller
Leading Edge Real Estate
(617) 678-9710
2 in this area
76 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72628268
APN: READ-000023-000732-000098
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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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