$400,000
SOLD MAR 7, 2017

261 Salem St Unit 3 Reading, MA 01867

2 Beds
2 Baths
1,116 Sq Ft
2005 Built

Recently Sold

$358 Per Sq Ft

11% Above List Price

6 Days on Market

About This Home

As of April 2020

CAREFREE LIVING can be yours at Maplewood Village! Highly sought after 55+ community in Reading. Beautiful, immaculate one floor of living. 2 bedrooms, 2 full baths and 1 car attached garage. Low condo fee. Close to Town and major highways. Move-in ready.

Last Agent to Sell the Property

Mary Ann Quinn

Wilson Wolfe Real Estate Listed on: 01/26/2017

Last Buyer's Agent

Deborah Miller

Leading Edge Real Estate

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,163

Year Built

2005

Lot Details

0

Listing Details

  • Unit Level: 1
  • Unit Placement: Street
  • Property Type: Condominium/Co-Op
  • Other Agent: 2.00
  • Handicap Access: Yes
  • Lead Paint: Unknown
  • Year Round: Yes
  • Restrictions: Adult Community
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2005

Interior Features

  • Appliances: Range, Dishwasher, Disposal, Microwave
  • Has Basement: No
  • Primary Bathroom: Yes
  • Number of Rooms: 4
  • Electric: Circuit Breakers
  • Flooring: Wall to Wall Carpet
  • Bedroom 2: First Floor, 12X11
  • Bathroom #1: First Floor
  • Bathroom #2: First Floor
  • Kitchen: First Floor, 17X13
  • Living Room: First Floor, 19X13
  • Master Bedroom: First Floor, 18X12
  • Master Bedroom Description: Bathroom - Full, Closet, Flooring - Wall to Wall Carpet
  • No Living Levels: 1

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Vinyl
  • Exterior Unit Features: Patio

Garage/Parking

  • Garage Parking: Attached
  • Garage Spaces: 1
  • Parking: Off-Street, Guest
  • Parking Spaces: 1

Utilities

  • Cooling: Central Air
  • Heating: Central Heat, Unit Control
  • Cooling Zones: 1
  • Heat Zones: 1
  • Hot Water: Electric
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Condominium Name: Maplewood Village
  • Association Fee Includes: Master Insurance, Exterior Maintenance, Landscaping, Snow Removal
  • Management: Professional - Off Site
  • Pets Allowed: Yes w/ Restrictions
  • No Units: 36
  • Unit Building: 3

Schools

  • Elementary School: Call Suptoffice
  • Middle School: Call Suptoffice
  • High School: Rmhs

Lot Info

  • Zoning: Res

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%
Current Estimated Value
$557,411

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,911
Avg. Annual Appreciation
3.48%

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
3.70%
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
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Condominium Deed $452,500 None Available
Quit Claim Deed -- --
Quit Claim Deed -- --
Not Resolvable $400,000 --
Land Court Massachusetts $309,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $315,000 New Conventional
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

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
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

  • P

    Seller's Agent in 2020

    Penny McKenzie

    Coldwell Banker Realty - Lynnfield

    (781) 929-7237

    3 in this area

    27 Total Sales

    Section Image

  • C

    Buyer's Agent in 2020

    Chuha & Scouten Team

    Leading Edge Real Estate

    33 in this area

    144 Total Sales

    Section Image
  • Mary Ann Quinn

    Seller's Agent in 2017

    Mary Ann Quinn

    Wilson Wolfe Real Estate

    (617) 710-6852

    74 in this area

    116 Total Sales

    Section Image

  • D

    Buyer's Agent in 2017

    Deborah Miller

    Leading Edge Real Estate

    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72112607

MLS Property Information Network (MLS PIN)

APN: READ-000023-000732-000098

Massachusetts Middlesex County Reading 01867

261 Salem St Unit 3, Reading, MA

This home is located at 261 Salem St Unit 3, Reading, MA 01867 and is currently priced at $400,000, approximately $358 per square foot. This property was built in 2005. 261 Salem St Unit 3 is a home located in Middlesex County with nearby schools including J. Warren Killam Elementary School, Walter S. Parker Middle School, and Reading Memorial High School.

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