NOT LISTED FOR SALE

298 Ash St Reading, MA 01867

Estimated Value: $843,000 - $1,010,885

5 Beds
2 Baths
3,325 Sq Ft
$287/Sq Ft Est. Value

Last Sold November 10, 2021

Last sale price $600,000 $180 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $5,872/month

243 Days on Market

About This Home

As of November 2021

GREAT LOCATION WTH INVESTMENT OPPORTUNITY!! TWO FAMILY PROPERTY WITH LARGE PARCEL OF LAND LOCATED CLOSE TO PARKS AND THE DOWNTOWN THAT OFFERS GREAT RESTAURANTS AND SHOPS! JUST MINUTES TO THE COMMUTER RAIL AND QUICK ACCESS TO TWO MAJOR HIGHWAYS! This property needs TLC but worth the updates. First floor consists of 5 rooms, 2 bedrooms and one bath, Second floor unit consists of 7 rooms, 3-4 bedrooms, one bath and an office. Den, which was originally a dining room, could be used as optional office space. Farmers porch on the front, 2011 roof, separate utilities. This property offers a very large parcel of land and plenty of parking. Second floor unit is currently vacant. Property to be sold in "AS IS" condition.

Last Agent to Sell the Property

Joyce Cucchiara

Coldwell Banker Realty - Lynnfield Listed on: 01/27/2021

Coldwell Banker Realty - Lynnfield

Last Buyer's Agent

Giuseppe Ravida

Giuseppe Ravida

Giuseppe Ravida

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,885

Year Built

  • 1895

Lot Details

  • 0.62

Interior Spaces

  • Property has 1 Level

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,885

Year Built

1895

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Directions: Washington-Ash
  • Garage Yn: No
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Year Built Details: Approximate
  • Special Features: None
  • Year Built: 1895

Interior Features

  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range), Gas Water Heater,Tank Water Heaterless, Utility Connections for Gas Range, Utility Connections for Electric Dryer
  • Has Basement: Full, Walk-Out Access, Concrete
  • Fireplace Features: Unit 1(Fireplace - Wood burning)
  • Total Bathrooms: 2
  • MAIN LO: AN6181
  • LIST PRICE PER Sq Ft: 201.47
  • PRICE PER Sq Ft: 180.45
  • MAIN SO: AN2383
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Vinyl,Laminate,Hardwood, Unit 1(undefined), Unit 2(Hardwood Floors)
  • Interior Amenities: Unit 1(Bathroom With Tub & Shower), Unit 2(Bathroom With Tub & Shower), Unit 1 Rooms(Living Room,Kitchen,Office/Den), Unit 2 Rooms(Living Room,Dining Room,Kitchen,Office/Den)
  • Stories: 3
  • Window Features: Storm Window(s)

Exterior Features

  • Roof: Shingle
  • Foundation Details: Stone
  • Construction Type: Frame
  • Disclosures: 1st Floor Apt Has A Current Tenant Who Would Like To Remain At The Property, But Seller Needs To Settle The Estate That Owns The Property & Therefore Has An Eviction Proceeding In Progress W/ The Apt 1 Tenant. Seller Cannot Assure Any Potential Buyer That Apt 1 Will Be Vacant At Closing.
  • Lot Features: Cleared, Gentle Sloping, Level
  • Patio And Porch Features: Porch
  • Waterfront: No

Garage/Parking

  • Parking Features: Paved Drive, Off Street, Paved
  • Open Parking: Yes
  • Total Parking Spaces: 6

Utilities

  • Cooling: Unit 1(None), Unit 2(None)
  • Heating: Unit 1(Hot Water Radiators,Oil,Unit Control), Unit 2(Hot Water Radiators,Oil,Individual,Unit Control)
  • HEAT UNITS: 2
  • COOLING ZONES: 0
  • Cooling Y N: No
  • Electric: Fuses, Circuit Breakers, 60 Amps/Less, 100 Amp Service, Individually Metered
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup
  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Dryer, Washer Hookup
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Highway Access, House of Worship, Public School, T-Station

Schools

  • High School: Rhs

Lot Info

  • LOT SIZE: 27029
  • PAGE: 498
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 27007.2
  • Zoning: S15

Multi Family

  • LEVELS 1: 1
  • LEVELS 2: 2
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 9005.5
  • Tax Book Number: 13905
  • Tax Lot: 83
  • Tax Map Number: 12
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 13, 2022
Sold by
Boston Bd Llc
Bought by
Chowdhury Rokibul
Current Estimated Value
$955,721

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Outstanding Balance
$674,944
Interest Rate
3.38%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$261,063

Purchase Details

Listed on
Jan 27, 2021
Closed on
Nov 10, 2021
Sold by
Mahoney Francis J Est
Bought by
Boston Bd Llc
Seller's Agent
Joyce Cucchiara
Coldwell Banker Realty - Lynnfield
Buyer's Agent
Giuseppe Ravida
Giuseppe Ravida
Sold Price
$600,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.14%
Original Mortgage
$638,000
Interest Rate
3.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 20, 1980
Bought by
Mahoney Francis J
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Chowdhury Rokibul -- None Available
Boston Bd Llc $600,000 None Available
Mahoney Francis J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chowdhury Rokibul $720,000
Previous Owner Boston Bd Llc $638,000
Previous Owner Mahoney Francis J $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2021 11/10/21 Sold $600,000 0.0% $180 / Sq Ft
09/27/2021 09/27/21 Pending -- -- --
09/25/2021 09/25/21 For Sale -- -- --
08/18/2021 08/18/21 Off Market $600,000 -- --
05/07/2021 05/07/21 Pending -- -- --
05/05/2021 05/05/21 For Sale $669,900 0.0% $201 / Sq Ft
02/03/2021 02/03/21 Pending -- -- --
01/27/2021 01/27/21 For Sale $669,900 -- $201 / 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 $9,885 $867,900 $471,700 $396,200
2024 $9,771 $833,700 $453,100 $380,600
2023 $9,465 $751,800 $408,600 $343,200
2022 $9,010 $675,900 $371,400 $304,500
2021 $9,006 $652,100 $351,000 $301,100
2020 $8,801 $630,900 $339,600 $291,300
2019 $8,527 $599,200 $322,500 $276,700
2018 $7,613 $548,900 $295,400 $253,500
2017 $7,502 $534,700 $285,400 $249,300
2016 $6,650 $458,600 $245,700 $212,900
2015 $6,687 $454,900 $234,000 $220,900
2014 $6,452 $437,700 $222,900 $214,800
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72779184

MLS Property Information Network (MLS PIN)

APN: READ-000012-000000-000083