$137,000
SOLD MAR 30, 2016

40 Main St Unit 16 North Reading, MA 01864

2 Beds
1 Bath
738 Sq Ft
1974 Built

Recently Sold

$186 Per Sq Ft

9% Below List Price

1 Day on Market

About This Home

As of August 2022

2 Bedroom, 1 full bath condo at PARK COLONY. Unit is located in the back of the building easy walk to pool area. Great location near all major travel routes, shopping and schools. LR / Hall w/newer wood floor, newly painted walls, AC 3 years old. Kitchen needs work, new disposal / appliances all working. Bathroom needs work and 2 bedrooms need carpet. Natural gas heat and hot water. Storage unit, 2 parking spaces, pool recreation area. Condo fee includes: Heat, hot water, water, sewer, exterior maintenance, snow removal, Landscaping, Master Building Insurance and trash removal. PETS ALLOWED GREAT VALUE! SOLD IN "AS IS" CONDITION.

Last Agent to Sell the Property

Judy Mason

Berkshire Hathaway HomeServices Commonwealth Real Estate Listed on: 02/22/2016

Berkshire Hathaway HomeServices Commonwealth Real Estate

Last Buyer's Agent

Judy Mason

Berkshire Hathaway HomeServices Commonwealth Real Estate Listed on: 02/22/2016

Berkshire Hathaway HomeServices Commonwealth Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $38

Year Built

  • 1974

Utilities

  • Private Sewer

Property Details

Home Type

Condominium

Est. Annual Taxes

$38

Year Built

1974

Lot Details

0

Listing Details

  • Unit Level: 2
  • Unit Placement: Upper
  • Property Type: Condominium/Co-Op
  • Other Agent: 2.00
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1974

Interior Features

  • Appliances: Range, Dishwasher, Disposal, Refrigerator
  • Has Basement: No
  • Number of Rooms: 4
  • Amenities: Shopping, Swimming Pool, Park, Walk/Jog Trails, Golf Course, Medical Facility, Conservation Area, Highway Access, House of Worship, Public School
  • Electric: Circuit Breakers, 60 Amps/Less
  • Flooring: Wood, Tile, Wall to Wall Carpet, Laminate
  • Bedroom 2: Second Floor, 12X10
  • Kitchen: Second Floor, 11X10
  • Living Room: Second Floor, 16X12
  • Master Bedroom: Second Floor, 13X13
  • Master Bedroom Description: Flooring - Wall to Wall Carpet
  • No Living Levels: 1

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Brick
  • Exterior: Brick
  • Exterior Unit Features: Balcony
  • Pool Description: Inground

Garage/Parking

  • Parking: Off-Street, Common
  • Parking Spaces: 2

Utilities

  • Cooling: Window AC, Wall AC
  • Heating: Hot Water Baseboard
  • Heat Zones: 1
  • Utility Connections: for Gas Range, for Electric Oven
  • Sewer: Private Sewerage
  • Water: Private Water

Condo/Co-op/Association

  • Condominium Name: PARK COLONY
  • Association Fee Includes: Heat, Hot Water, Water, Master Insurance, Swimming Pool, Exterior Maintenance, Landscaping, Snow Removal, Refuse Removal
  • Association Pool: Yes
  • Association Security: Intercom
  • Management: Professional - Off Site, Resident Superintendent
  • Pets Allowed: Yes
  • No Units: 150
  • Unit Building: 16

Fee Information

  • Fee Interval: Monthly

Schools

  • Middle School: Nr Middle
  • High School: Nr High School

Lot Info

  • Zoning: 01864

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2022
Closed on
Aug 24, 2022
Sold by
Rooney Kaitlin
Bought by
Valduga Manoella F
Seller's Agent
Gina And Associates
Keller Williams Realty Evolution
Buyer's Agent
Ryan Nickerson
Chinatti Realty Group, Inc.
List Price
$280,000
Sold Price
$307,000
Premium/Discount to List
$27,000
9.64%
Current Estimated Value
$351,733

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,733
Avg. Annual Appreciation
3.54%
Original Mortgage
$292,940
Outstanding Balance
$282,304
Interest Rate
5.51%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$57,853
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Condominium Deed $307,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $292,940 Purchase Money Mortgage
Previous Owner $235,653 FHA
Previous Owner $175,750 New Conventional
Previous Owner $109,600 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2022 08/24/22 Sold $307,000 +9.6% $416 / Sq Ft
07/25/2022 07/25/22 Pending -- -- --
07/19/2022 07/19/22 For Sale $280,000 +16.7% $379 / Sq Ft
01/06/2020 01/06/20 Sold $240,000 +4.8% $325 / Sq Ft
11/12/2019 11/12/19 Pending -- -- --
11/05/2019 11/05/19 For Sale $229,000 +22.5% $310 / Sq Ft
07/18/2016 07/18/16 Sold $187,000 +1.1% $253 / Sq Ft
05/20/2016 05/20/16 Pending -- -- --
05/19/2016 05/19/16 For Sale $185,000 +35.0% $251 / Sq Ft
03/30/2016 03/30/16 Sold $137,000 -8.6% $186 / Sq Ft
02/23/2016 02/23/16 Pending -- -- --
02/22/2016 02/22/16 For Sale $149,900 -- $203 / 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 $38 $287,900 $0 $287,900
2024 $3,803 $287,900 $0 $287,900
2023 $3,261 $233,100 $0 $233,100
2022 $3,390 $226,000 $0 $226,000
2021 $3,171 $202,900 $0 $202,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71961637

MLS Property Information Network (MLS PIN)

APN: NREA-000023-000000-000026-004016