NOT LISTED FOR SALE

340 Lowell St Reading, MA 01867

Estimated Value: $673,000 - $995,000

3 Beds
3 Baths
2,293 Sq Ft
$356/Sq Ft Est. Value

Last Sold October 13, 2022

Last sale price $580,000 $253 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $4,843/month

35 Days on Market

Highlights

  • Cape Cod Architecture
  • Property is near public transit
  • Cathedral Ceiling
  • Birch Meadow Elementary School Rated A-
  • Family Room with Fireplace
  • Wood Flooring

About This Home

As of October 2022

OPEN HOUSE CANCELLED 9/10. This is a great price to get into the town of Reading. This charming Cape home is waiting for someone to add their personal touch. The first floor includes a kitchen with updated countertops and appliances, a cozy living room with fireplace, and a spacious family room that looks out into the backyard. Upstairs you’ll find the large main bedroom with sky lights for natural lighting and built in closets, with two additional bedrooms and the second full bath. The basement is partially finished and offers a full bath, with the right design, can easily be brought to life and transformed into a unique entertainment space, a great feature for a playroom or den. A walkout basement allows for easy access to the yard. Your family and loved ones will LOVE the spacious backyard, perfect for family gatherings! Conveniently located near downtown, the T, and major highway access. With some creativity, this can become your dream home.

Last Agent to Sell the Property

Giuseppe Ravida

Giuseppe Ravida Listed on: 08/05/2022

Giuseppe Ravida

Last Buyer's Agent

Elizabeth Bain

Commonwealth Standard Realty Advisors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,172

Year Built

  • Built in 1920

Lot Details

  • 0.31 Acre Lot
  • Property is zoned S15

Home Design

  • Cape Cod Architecture
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,293 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Light Fixtures
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Bonus Room

Kitchen

  • Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • Attached Garage
  • Driveway
  • Open Parking
  • Off-Street Parking

Location

  • Property is near public transit

Schools

  • Check W/Super Elementary School
  • Parker Middle School
  • RMHS High School

Utilities

  • Window Unit Cooling System
  • 2 Heating Zones
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Park
  • Jogging Path

Listing and Financial Details

  • Assessor Parcel Number 735397

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,172

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cape
  • Year Built: 1920
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Vinyl, Hardwood
  • Interior Amenities: Bonus Room
  • Fireplace Features: Family Room, Living Room
  • Fireplace YN: Yes
  • Fireplaces: 2
  • Appliances: Dishwasher,Disposal,Microwave,Refrigerator,Washer,Dryer, Gas Water Heater, Utility Connections for Gas Oven, Utility Connections for Electric Dryer
  • Total Bedrooms: 3
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Flooring - Hardwood
  • Room Bedroom3 Features: Flooring - Hardwood
  • Room Bedroom3 Level: Second
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Main Level Bathrooms: 1
  • Room Master Bedroom Features: Ceiling Fan(s), Vaulted Ceiling(s), Flooring - Hardwood
  • Room Master Bedroom Level: Second
  • Bathroom 1 Features: Bathroom - Full, Flooring - Vinyl
  • Bathroom 1 Level: Main
  • Bathroom 2 Level: Second
  • Bathroom 2 Features: Bathroom - Full, Flooring - Stone/Ceramic Tile
  • Bathroom 3 Features: Bathroom - Full
  • Bathroom 3 Level: Basement
  • Room Dining Room Features: Ceiling Fan(s), Flooring - Hardwood, Lighting - Overhead
  • Room Dining Room Level: Main
  • Room Family Room Level: Main
  • Room Family Room Features: Flooring - Hardwood, Cable Hookup, Recessed Lighting
  • Room Kitchen Level: First
  • Room Kitchen Features: Cathedral Ceiling(s), Flooring - Vinyl, Countertops - Upgraded
  • Laundry Features: Electric Dryer Hookup, Washer Hookup, In Basement
  • Room Living Room Level: Main
  • Room Living Room Features: Flooring - Hardwood, Lighting - Overhead
  • Basement: Full, Partially Finished
  • Living Area: 2293
  • MAIN LO: AN2383
  • MAIN SO: AN2589

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Attached Garage YN: Yes
  • Carport Y N: No
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Attached, Paved Drive, Off Street, Paved
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Oven, for Electric Dryer, Washer Hookup
  • Cooling: Window Unit(s)
  • Heating: Baseboard, Natural Gas
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 2

Condo/Co-op/Association

  • Community Features: Public Transportation, Park, Walk/Jog Trails, Highway Access

Lot Info

  • Parcel Number: 735397
  • Zoning: S15
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.31
  • Lot Size Sq Ft: 13490
  • Lot Size Units: Acres
  • Property Attached YN: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7171.54

Multi Family

  • Basement Included Sq Ft: No

MLS Schools

  • High School: Rmhs
  • Elementary School: Check W/Super
  • Middle Or Junior School: Parker

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2022
Closed on
Oct 13, 2022
Sold by
Marden Richard L and Johnson Darlene F
Bought by
Mejia William E and Flores Ivonne
Seller's Agent
Giuseppe Ravida
Giuseppe Ravida
Buyer's Agent
Elizabeth Bain
Commonwealth Standard Realty Advisors
List Price
$669,900
Sold Price
$580,000
Premium/Discount to List
-$89,900
-13.42%
Views
85
Current Estimated Value
$815,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,492
Avg. Annual Appreciation
11.13%
Original Mortgage
$250,000
Outstanding Balance
$239,295
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$576,197

Purchase Details

Closed on
Oct 19, 1999
Sold by
Johnson June L
Bought by
Marden Richard L and Marden Darlene F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
7.8%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Mejia William E $580,000 None Available
Marden Richard L $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mejia William E $250,000
Previous Owner Marden Richard L $313,000
Previous Owner Marden Richard L $128,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/13/2022 10/13/22 Sold $580,000 +1.8% $253 / Sq Ft
09/10/2022 09/10/22 Pending -- -- --
09/08/2022 09/08/22 Price Changed $569,900 -8.8% $249 / Sq Ft
08/26/2022 08/26/22 Price Changed $624,900 -3.8% $273 / Sq Ft
08/11/2022 08/11/22 Price Changed $649,900 -3.0% $283 / Sq Ft
08/05/2022 08/05/22 For Sale $669,900 -- $292 / 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 $6,990 $613,700 $384,800 $228,900
2024 $6,910 $589,600 $369,700 $219,900
2023 $7,451 $591,800 $333,300 $258,500
2022 $7,172 $538,000 $303,000 $235,000
2021 $7,218 $522,700 $286,400 $236,300
2020 $7,055 $505,700 $277,100 $228,600
2019 $6,833 $480,200 $263,100 $217,100
2018 $6,100 $439,800 $241,000 $198,800
2017 $5,961 $424,900 $232,800 $192,100
2016 $5,593 $385,700 $200,400 $185,300
2015 $5,401 $367,400 $190,900 $176,500
2014 $5,158 $349,900 $181,800 $168,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73021821

MLS Property Information Network (MLS PIN)

APN: READ-000026-000000-000096