R
Seller's Agent in 2018
Ronald Salvatore
Berkshire Hathaway HomeServices Commonwealth Real Estate
(781) 246-2100
11 Total Sales
40 Lothrop Rd Reading, MA 01867
Estimated Value: $976,000 - $1,212,941
4
Beds
2
Baths
1,959
Sq Ft
0.97
Acres
Highlights
- In Ground Pool
- Deck
- Wet Bar
- Alice M. Barrows Elementary School Rated A-
- Wood Flooring
- Patio
About This Home
As of December 2018Motivated! lWelcome to this sprawling ranch in highly sought after Reading, situated on an acre lot with plenty of privacy. Owners pride shows throughout this home with many upgrades. Kitchen features tile floor, granite counters with island and stainless appliances that flows into a 12 x 12 eat in kitchen with a bow window overlooking grounds. Step down into a sunken dining room with sliders to a patio and enjoy some alfresco dining as you watch the sunset. Four bedrooms with hardwood floors and 2 full baths complete the upper level. Basement features a huge 53 x 12 family room with a fireplace and partially finished wet bar along with office. Serenity best describes this beautiful yard perfect for entertaining. Stamped concrete surrounds a 20 x 40 in ground pool with flower beds and sitting areas Tradesmen, car enthusiasts, boaters etc will enjoy this 32 x 24 detached heated workshop/garage with 10 foot ceilings and additional parking . Don't miss out on this quiet neighborhood
Last Agent to Sell the Property
Berkshire Hathaway HomeServices Commonwealth Real Estate Listed on: 05/16/2018
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $10,584
Year Built
- Built in 1955
Lot Details
- Stone Wall
- Garden
Parking
- 2 Car Garage
Interior Spaces
- Wet Bar
- Basement
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Wall to Wall Carpet
- Tile
- Vinyl
Laundry
- Dryer
- Washer
Outdoor Features
- In Ground Pool
- Deck
- Patio
- Rain Gutters
Utilities
- Central Air
- Hot Water Baseboard Heater
- Heating System Uses Oil
- Water Holding Tank
- Cable TV Available
Community Details
- Security Service
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 1, 1997
Sold by
Johnson Ruth E
Bought by
Pace Vincent J and Pace Mary K
Current Estimated Value
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Pace Vincent J | $275,800 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Martin Vanessa | $375,000 | |
| Closed | Martin Vanessa | $380,000 | |
| Closed | Martin Michael | $380,000 | |
| Closed | Pace Vincent J | $312,000 | |
| Closed | Pace Vincent J | $285,500 | |
| Closed | Pace Mary Kay | $285,000 | |
| Closed | Pace Mary Kay | $246,000 | |
| Closed | Pace Mary Kay | $185,000 | |
| Closed | Pace Mary Kay | $30,000 | |
| Closed | Pace Mary Kay | $191,000 | |
| Closed | Pace Vincent J | $202,000 | |
| Closed | Pace Vincent J | $25,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/28/2018 12/28/18 | Sold | $650,000 | -7.0% | $332 / Sq Ft |
| 11/26/2018 11/26/18 | Pending | -- | -- | -- |
| 11/01/2018 11/01/18 | Price Changed | $699,000 | -2.8% | $357 / Sq Ft |
| 09/26/2018 09/26/18 | Price Changed | $719,000 | -4.0% | $367 / Sq Ft |
| 09/11/2018 09/11/18 | Price Changed | $749,000 | -2.6% | $382 / Sq Ft |
| 08/15/2018 08/15/18 | Price Changed | $769,000 | -1.3% | $393 / Sq Ft |
| 07/01/2018 07/01/18 | Price Changed | $779,000 | 0.0% | $398 / Sq Ft |
| 07/01/2018 07/01/18 | For Sale | $779,000 | -2.5% | $398 / Sq Ft |
| 05/25/2018 05/25/18 | Pending | -- | -- | -- |
| 05/16/2018 05/16/18 | For Sale | $799,000 | -- | $408 / 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 | $10,584 | $929,200 | $604,000 | $325,200 |
| 2024 | $10,473 | $893,600 | $580,200 | $313,400 |
| 2023 | $10,174 | $808,100 | $523,100 | $285,000 |
| 2022 | $9,823 | $736,900 | $475,600 | $261,300 |
| 2021 | $9,765 | $707,100 | $455,700 | $251,400 |
| 2020 | $9,400 | $673,800 | $433,600 | $240,200 |
| 2019 | $9,494 | $667,200 | $413,000 | $254,200 |
| 2018 | $8,744 | $630,400 | $389,500 | $240,900 |
| 2017 | $8,362 | $596,000 | $367,500 | $228,500 |
| 2016 | $7,660 | $528,300 | $331,900 | $196,400 |
| 2015 | $7,410 | $504,100 | $316,000 | $188,100 |
| 2014 | $6,935 | $470,500 | $294,000 | $176,500 |
Source: Public Records
Agents Affiliated with this Home
-
Ronald Salvatore
-
Susan Gormady
Buyer's Agent in 2018
Susan Gormady
Classified Realty Group
(617) 212-6301
96 in this area
232 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72327698
APN: READ-000009-000000-000004
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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