NOT LISTED FOR SALE

28 Salem St Unit 5 Reading, MA 01867

Estimated Value: $411,000 - $441,000

2 Beds
1 Bath
1,030 Sq Ft
6,534 Sq Ft Lot

Last Sold November 13, 2020

Last sale price $312,500 $303 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,736/month

5 Days on Market

Highlights

  • Wood Flooring
  • Walter S. Parker Middle School Rated A-
  • Intercom

About This Home

As of November 2020

A COMMUTER’S DREAM with amazingly LOW condo fees! This sun-drenched and spacious 2-bedroom, 1 full bath condo is located in the heart of Reading Center. Enjoy the “loft-like" feel of the top floor. Plenty of room to entertain family and friends! Enjoy your morning coffee on your deck area! In-unit laundry for your convenience, and extra storage space is available in the basement. The roof and siding were replaced in 2013, and the unit's high-efficiency tank-less heating and hot water system was installed in 2017. Walk to restaurants, shopping, library, park, train, and bus stops. Easy access to routes 93 and 95. Open House Saturday 9/26 and Sunday 9/27 from 11:00 to 1:00pm. Due to COVID-19 guidelines, one group will be allowed in at a time, please wear a mask.

Last Listed By

Cheryle West

Coldwell Banker Realty - Waltham Listed on: 09/23/2020

Coldwell Banker Realty - Waltham

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,205

Year Built

  • Built in 1900

Lot Details

  • 6,534

Kitchen

  • Range
  • Microwave

Flooring

  • Wood
  • Laminate
  • Tile

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Window Unit Cooling System
  • Hot Water Baseboard Heater
  • Heating System Uses Gas
  • Natural Gas Water Heater

Additional Features

  • Basement

Community Details

  • Call for details about the types of pets allowed

Listing and Financial Details

  • Assessor Parcel Number M:022.0-0705-0116.0

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,205

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Garden
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 290.29
  • Comp Based On: Net Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Unit Building: 5
  • Unit Level: 3
  • Unit Placement: Upper, End
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1900

Interior Features

  • Flooring: Wood, Tile, Laminate
  • Interior Amenities: Intercom
  • Appliances: Range, Microwave, Refrigerator, Washer, Dryer
  • No Bedrooms: 2
  • Master Bedroom: On Level: Third Floor, Dimension: 16X12, Ceiling Fan(s), Closet, Flooring - Laminate
  • Bedroom 2: On Level: Third Floor, Dimension: 16X10, Closet, Flooring - Laminate
  • Full Bathrooms: 1
  • Bathroom 1: On Level: Third Floor, Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
  • No Rooms: 5
  • Dining Room: On Level: Third Floor, Dimension: 12X11, Flooring - Stone/Ceramic Tile
  • Kitchen: On Level: Third Floor, Dimension: 16X11, Flooring - Hardwood, Deck - Exterior
  • Laundry: On Level: Third Floor, Dryer Hookup - Electric, Washer Hookup
  • Laundry Features: In Unit
  • Living Room: On Level: Third Floor, Dimension: 12X11, Flooring - Laminate
  • Basement: Y
  • No Living Levels: 1
  • Main Lo: AC0756
  • Main So: B95027
  • Estimated Sq Ft: 1030.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Unit Features: Deck - Wood

Garage/Parking

  • Parking Feature: Off-Street, Deeded
  • Parking Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers, 100 Amps
  • Cooling: Window AC
  • Heating: Hot Water Baseboard, Gas
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Electric Dryer, Washer Hookup

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Park, Highway Access, House of Worship
  • HOA Fees: 150.00
  • Association Fee Includes: Water, Sewer, Master Insurance, Exterior Maintenance, Snow Removal, Extra Storage
  • Condo Association: Yes
  • Association Security: Intercom
  • Management: Owner Association

Association/Amenities

  • Condominium Name: Reading Commons

Lot Info

  • Assessments: 225000.00
  • Acre: 0.15
  • Lot Size: 6435.00
  • Page: 114
  • Parcel Number: M:022.0-0705-0116.0
  • Zoning: BUSA

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Taxes: 3139.00
  • Assessor Parcel Number: 4533227
  • Tax Year: 2020

Multi Family

  • No Units: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2020
Closed on
Nov 11, 2020
Sold by
Grant Caitlin R
Bought by
Sargent Mark F
Seller's Agent
Cheryle West
Coldwell Banker Realty - Waltham
Buyer's Agent
Brenda Malatesta
Metro Properties
List Price
$299,000
Sold Price
$312,500
Premium/Discount to List
$13,500
4.52%
Total Days on Market
5
Current Estimated Value
$430,287

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,787
Avg. Annual Appreciation
6.80%
Original Mortgage
$296,875
Outstanding Balance
$267,173
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$152,968

Purchase Details

Closed on
Jun 28, 2006
Sold by
Dandrea-Martinez Nicole and Martinez Stephen
Bought by
Cardavelli Richard B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,250
Interest Rate
6.58%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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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
Sargent Mark F $312,500 None Available
Cardavelli Richard B $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sargent Mark F $296,875
Previous Owner Grant Caitlin R $177,000
Previous Owner Grant Caitlin R $181,800
Previous Owner Cardavelli Richard B $168,000
Previous Owner Cardavelli Richard B $204,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2020 11/13/20 Sold $312,500 +4.5% $303 / Sq Ft
09/28/2020 09/28/20 Pending -- -- --
09/23/2020 09/23/20 For Sale $299,000 +48.0% $290 / Sq Ft
07/15/2013 07/15/13 Sold $202,000 -6.0% $196 / Sq Ft
05/30/2013 05/30/13 Pending -- -- --
05/17/2013 05/17/13 For Sale $215,000 -- $209 / 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 $4,205 $369,200 $0 $369,200
2024 $3,932 $335,500 $0 $335,500
2023 $4,011 $318,600 $0 $318,600
2022 $3,998 $299,900 $0 $299,900
2021 $3,168 $229,400 $0 $229,400
2020 $3,139 $225,000 $0 $225,000
2019 $3,014 $211,800 $0 $211,800
2018 $2,782 $200,600 $0 $200,600
2017 $2,761 $196,800 $0 $196,800
2016 $2,797 $192,900 $0 $192,900
2015 $2,781 $189,200 $0 $189,200
2014 $2,708 $183,700 $0 $183,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72730904

MLS Property Information Network (MLS PIN)

APN: READ-000022-000705-000116