$505,000
SOLD OCT 26, 2017

38 Salem St Unit B Reading, MA 01867

3 Beds
2 Baths
1,958 Sq Ft
2005 Built

Recently Sold

$258 Per Sq Ft

3% Above List Price

3 Days on Market

About This Home

As of August 2021

This meticulously renovated Greek Revival retains its old charm with modern updates. The old: Window shutters, wide pine floors, crown molding, curved hand rails, wainscoting and high ceilings. The new: State of the art kitchen with granite counters and stainless steel appliances, central air, master bath, sky lights and freshly painted exterior. A very warm and inviting home. A short walk to downtown for dining and shopping, The commuter rail , library and memorial park are also within walking distance. Extra storage in the basement, plenty of parking and easy access to 93 and 95.

Last Agent to Sell the Property

Mark Nelson

Leading Edge Real Estate Listed on: 09/14/2017

Last Buyer's Agent

Kathryn Messina

Return Realty Group, Inc.

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,974

Year Built

2005

Lot Details

0

Listing Details

  • Unit Level: 2
  • Unit Placement: Upper
  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Townhouse
  • Other Agent: 2.00
  • Lead Paint: Unknown
  • Year Built Description: Approximate
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2005

Interior Features

  • Has Basement: Yes
  • Primary Bathroom: Yes
  • Number of Rooms: 7
  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Highway Access, Private School, T-Station
  • Flooring: Wood, Wall to Wall Carpet
  • Bedroom 2: Second Floor, 16X10
  • Bedroom 3: Second Floor, 11X10
  • Bathroom #1: Second Floor
  • Bathroom #2: Second Floor
  • Kitchen: Second Floor, 15X12
  • Laundry Room: Second Floor
  • Living Room: Second Floor, 15X11
  • Master Bedroom: Second Floor, 15X11
  • Master Bedroom Description: Bathroom - Half, Closet - Walk-in, Flooring - Wood
  • Dining Room: Second Floor, 16X10
  • Family Room: Third Floor, 18X18
  • No Bedrooms: 3
  • Full Bathrooms: 2
  • Oth1 Room Name: Play Room
  • Oth1 Dimen: 17X12
  • Oth1 Dscrp: Flooring - Wall to Wall Carpet
  • Oth1 Level: Third Floor
  • No Living Levels: 2
  • Main Lo: BB5817
  • Main So: B95198

Exterior Features

  • Construction: Frame
  • Exterior: Wood
  • Exterior Unit Features: Porch

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 4

Utilities

  • Cooling Zones: 1
  • Heat Zones: 1
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Condominium Name: Damon-Temple Homestead Condominium
  • Association Fee Includes: N/A
  • Pets Allowed: Yes w/ Restrictions
  • No Units: 2
  • Unit Building: B

Schools

  • Middle School: Coolidge
  • High School: Rmhs

Lot Info

  • Assessor Parcel Number: M:022.0-0702-0257.0
  • Zoning: Res

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2021
Closed on
Aug 31, 2021
Sold by
Mcelhiney John and Santoro Christina
Bought by
Das Soumen and Das Patralekha
Seller's Agent
Kathryn Messina
Return Realty Group, Inc.
Buyer's Agent
Team Lillian Montalto
Lillian Montalto Signature Properties
List Price
$649,900
Sold Price
$660,000
Premium/Discount to List
$10,100
1.55%
Current Estimated Value
$820,316

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,316
Avg. Annual Appreciation
5.73%
Original Mortgage
$585,000
Outstanding Balance
$538,074
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$282,242

Purchase Details

Listed on
Sep 14, 2017
Closed on
Oct 26, 2017
Sold by
Ward Priscilla and Ward Aaron
Bought by
Mcelhiney 3Rd John and Santoro Christina
Seller's Agent
Mark Nelson
Leading Edge Real Estate
Buyer's Agent
Kathryn Messina
Return Realty Group, Inc.
List Price
$489,900
Sold Price
$505,000
Premium/Discount to List
$15,100
3.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.20%
Original Mortgage
$454,500
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 2010
Sold by
Cerullo Bruce A
Bought by
Ward Priscilla and Ward Aaron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,755
Interest Rate
5.37%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 28, 2007
Sold by
Tremblay Diane A and Tremblay Mark
Bought by
Cerullo Bruce A
Source: Public Records

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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
Not Resolvable $660,000 None Available
Not Resolvable $505,000 --
Deed $400,000 --
Deed $400,000 --
Deed $415,000 --
Deed $415,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $585,000 Purchase Money Mortgage
Closed $585,000 Purchase Money Mortgage
Previous Owner $454,500 New Conventional
Previous Owner $392,755 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2021 08/31/21 Sold $660,000 +1.6% $337 / Sq Ft
07/29/2021 07/29/21 Pending -- -- --
07/21/2021 07/21/21 For Sale $649,900 +28.7% $332 / Sq Ft
10/26/2017 10/26/17 Sold $505,000 +3.1% $258 / Sq Ft
09/17/2017 09/17/17 Pending -- -- --
09/14/2017 09/14/17 For Sale $489,900 -- $250 / 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 $7,974 $700,100 $0 $700,100
2024 $7,835 $668,500 $0 $668,500
2023 $8,017 $636,800 $0 $636,800
2022 $7,590 $569,400 $0 $569,400
2021 $7,572 $548,300 $0 $548,300
2020 $7,479 $536,100 $0 $536,100
2019 $6,994 $491,500 $0 $491,500
2018 $6,355 $458,200 $0 $458,200
2017 $6,180 $440,500 $0 $440,500
2016 $6,112 $421,500 $0 $421,500
2015 $5,999 $408,100 $0 $408,100
2014 $5,675 $385,000 $0 $385,000
Source: Public Records

Agents Affiliated with this Home

  • Kathryn Messina

    Seller's Agent in 2021

    Kathryn Messina

    Return Realty Group, Inc.

    (781) 572-2746

    1 in this area

    52 Total Sales

    Kathryn Messina
    Section Image
  • Team Lillian Montalto

    Buyer's Agent in 2021

    Team Lillian Montalto

    Lillian Montalto Signature Properties

    (978) 815-6301

    17 in this area

    1,002 Total Sales

    Team Lillian Montalto
    Section Image

  • M

    Seller's Agent in 2017

    Mark Nelson

    Leading Edge Real Estate

    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72229024

MLS Property Information Network (MLS PIN)

APN: READ-000022-000702-000257

Massachusetts Middlesex County Reading 01867

38 Salem St Unit B, Reading, MA

This home is located at 38 Salem St Unit B, Reading, MA 01867 and is currently priced at $505,000, approximately $257 per square foot. This property was built in 2005. 38 Salem St Unit B 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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