38 Main St Unit 5 North Reading, MA 01864
Estimated Value: $331,000 - $378,135
2
Beds
1
Bath
911
Sq Ft
1974
Built
Highlights
- Golf Course Community
- In Ground Pool
- Intercom
- E Ethel Little School Rated A
- Property is near public transit
- Cooling System Mounted In Outer Wall Opening
About This Home
As of July 2022Spacious unit with lots of Natural Light on the 1st floor Newly renovated 2 Bedroom condo at Park Colony Complex in desirable North Reading location. Kitchen offers New Appliances and New tile Flooring. New Carpet in Living Room and Bedrooms, Updated Bathroom features New Toilet, New Cabinet/Sink and New Tub. Condo fee includes Heat, Hot Water, Gas, Water and Sewer. Park Colony is professionally landscaped, has an in-ground pool, very nice picnic and play area, pet friendly. Extra secure storage onsite. Laundry located in building for your convenience. 2 Parking Spaces and plenty more for guests. BUYERS - Don't miss this affordable, move in ready opportunity to live in North Reading.
Last Agent to Sell the Property
Coldwell Banker Realty - Lynnfield Listed on: 05/25/2022
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,477
Year Built
- Built in 1974
Home Design
- Garden Home
- Frame Construction
Interior Spaces
- 911 Sq Ft Home
- 1-Story Property
- Intercom
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Parking
- 2 Car Parking Spaces
- Off-Street Parking
Utilities
- Cooling System Mounted In Outer Wall Opening
- Heating System Uses Natural Gas
- Hot Water Heating System
- Natural Gas Connected
- Gas Water Heater
- Private Sewer
Additional Features
- In Ground Pool
- Property is near public transit
Listing and Financial Details
- Assessor Parcel Number 717809
Community Details
Overview
- Property has a Home Owners Association
- Association fees include heat, gas, water, sewer, insurance, maintenance structure, ground maintenance, snow removal
- 150 Units
- Park Colony Community
Amenities
- Common Area
- Shops
- Laundry Facilities
Recreation
- Golf Course Community
- Community Pool
- Park
Pet Policy
- Call for details about the types of pets allowed
Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 25, 2022
Closed on
Jul 14, 2022
Sold by
Cronin Gillian Est
Bought by
Muddasir Muhammad and Haseeb Maria
Seller's Agent
Steven MacDonald
Coldwell Banker Realty - Lynnfield
Buyer's Agent
Michelle Doherty
William Raveis R.E. & Home Services
List Price
$284,900
Sold Price
$300,000
Premium/Discount to List
$15,100
5.3%
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
$52,784
Avg. Annual Appreciation
4.79%
Original Mortgage
$273,000
Outstanding Balance
$261,599
Interest Rate
5.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$82,671
Purchase Details
Closed on
Sep 19, 1997
Sold by
Lenox Robert S and Lenox Karen L
Bought by
Cronin Gillian M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.38%
Mortgage Type
Purchase Money Mortgage
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 |
|---|---|---|---|
| Muddasir Muhammad | $300,000 | None Available | |
| Cronin Gillian M | $71,300 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Muddasir Muhammad | $273,000 | |
| Previous Owner | Cronin Gillian M | $100,000 | |
| Previous Owner | Cronin Gillian M | $80,000 | |
| Previous Owner | Cronin Gillian M | $72,000 | |
| Previous Owner | Cronin Gillian M | $60,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/13/2022 07/13/22 | Sold | $300,000 | +5.3% | $329 / Sq Ft |
| 06/21/2022 06/21/22 | For Sale | $284,900 | 0.0% | $313 / Sq Ft |
| 06/19/2022 06/19/22 | Pending | -- | -- | -- |
| 06/17/2022 06/17/22 | Off Market | $284,900 | -- | -- |
| 05/25/2022 05/25/22 | For Sale | $284,900 | -- | $313 / 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 | $38 | $291,200 | $0 | $291,200 |
| 2024 | $3,925 | $297,100 | $0 | $297,100 |
| 2023 | $3,325 | $237,700 | $0 | $237,700 |
| 2022 | $3,477 | $231,800 | $0 | $231,800 |
| 2021 | $3,448 | $220,600 | $0 | $220,600 |
Source: Public Records
Agents Affiliated with this Home
-
Steven MacDonald
Seller's Agent in 2022
Steven MacDonald
Coldwell Banker Realty - Lynnfield
(508) 982-5005
15 in this area
41 Total Sales
-
Kathleen DiMauro
K
Seller Co-Listing Agent in 2022
Kathleen DiMauro
Coldwell Banker Realty - Lynnfield
3 in this area
13 Total Sales
-
Michelle Doherty
Buyer's Agent in 2022
Michelle Doherty
William Raveis R.E. & Home Services
(978) 204-0609
1 in this area
7 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72987120
APN: NREA-000023-000000-000026-003805
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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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