NOT LISTED FOR SALE

40 Main St Unit 18 North Reading, MA 01864

Estimated Value: $333,000 - $367,273

2 Beds
1 Bath
790 Sq Ft
1974 Built

Last Sold September 14, 2020

Last sale price $235,000 $297 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $1,878/month

5 Days on Market

Highlights

  • Security Service
  • E Ethel Little School Rated A
  • Wall to Wall Carpet

About This Home

As of September 2020

Move right in to this 2 bedroom top-floor corner unit at pet friendly Park Colony in North Reading. This unit features a large living room with slider onto a private outdoor balcony, kitchen with corner eating nook, two sizable bedrooms and a full bath with tub/shower. Updates include all new doors throughout, newly painted rooms, newer bathroom vanity, and tile and molding work on the box windows in both bedrooms. The unit is also equipped with Nest Thermostat and is set up for Comcast Xfinity Home security system. The monthly condo fee includes heat, water, and gas - everything except electricity! The building windows and roof shingles were replaced within the last 4 years. Professionally managed condo association. Other amenities include an in-ground swimming pool, newly built storage shed with dedicated unit storage space, in-building laundry room and common green area for outdoor BBQs. Close to shopping, restaurants and major routes I-93 and I-95. Incredible value - don't miss it!

Last Agent to Sell the Property

Padma Sonti

Keller Williams Realty-Merrimack Listed on: 07/08/2020

Keller Williams Realty-Merrimack

Co-Listed By

Brendan Quinn

Keller Williams Realty-Merrimack

Last Buyer's Agent

Catherine Long

Keller Williams Realty Evolution License #454007673

Keller Williams Realty Evolution

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $37

Year Built

  • Built in 1974

Lot Details

  • Year Round Access

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Vinyl

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Baseboard Heater
  • Private Sewer
  • Cable TV Available

Community Details

Pet Policy

  • Pets Allowed

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$37

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Low-Rise
  • Other Agent: 2.25
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 291.01
  • Comp Based On: Net Sale Price
  • Year Built: 1974
  • Lead Paint: Unknown
  • Year Round: Yes
  • Unit Building: 18
  • Unit Level: 3
  • Unit Placement: Upper, Corner
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1974

Interior Features

  • Flooring: Vinyl, Wall to Wall Carpet
  • Interior Amenities: Security System, Cable Available
  • Appliances: Range, Dishwasher, Microwave, Refrigerator
  • No Bedrooms: 2
  • Master Bedroom: On Level: Third Floor, Dimension: 12X14, Closet, Flooring - Wall to Wall Carpet, Window(s) - Bay/Bow/Box
  • Bedroom 2: On Level: Third Floor, Dimension: 9X13, Closet, Flooring - Wall to Wall Carpet, Window(s) - Bay/Bow/Box
  • Full Bathrooms: 1
  • Bathroom 1: On Level: Third Floor, Dimension: 5X8, Bathroom - Full, Bathroom - With Tub & Shower
  • No Rooms: 4
  • Kitchen: On Level: Third Floor, Dimension: 10X12, Flooring - Vinyl, Dining Area, Lighting - Overhead
  • Living Room: On Level: Third Floor, Dimension: 12X16, Flooring - Wall to Wall Carpet, Balcony / Deck, Slider
  • No Living Levels: 1
  • Main Lo: G95166
  • Main So: C95236
  • Estimated Sq Ft: 790.00

Exterior Features

  • Exterior Unit Features: Balcony
  • Pool Description: Inground

Garage/Parking

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

Utilities

  • Sewer: Private Sewerage
  • Water: City/Town Water
  • Cooling: Wall AC
  • Cooling Zones: 1
  • Heating: Hot Water Baseboard
  • Heat Zones: 1
  • Utility Connections: for Gas Range

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Shopping, Swimming Pool, Highway Access, Public School
  • HOA Fees: 406.00
  • Association Fee Includes: Heat, Hot Water, Gas, Water, Sewer, Master Insurance, Swimming Pool, Laundry Facilities, Exterior Maintenance, Landscaping, Snow Removal, Extra Storage, Refuse Removal
  • Condo Association: Yes
  • Association Pool: Yes
  • Association Security: Intercom
  • Management: Professional - Off Site

Association/Amenities

  • Condominium Name: Park Colony

Schools

  • Middle School: NRMS
  • High School: NRHS

Lot Info

  • Assessments: 200400.00
  • Page: 562
  • Zoning: RA

Green Features

  • Energy Features: Prog. Thermostat

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Taxes: 3126.00
  • Assessor Parcel Number: 717845

Multi Family

  • No Units: 150
  • No Units Owner Occ: 102

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 30, 2006
Sold by
El-Telebani Moustafa
Bought by
Lawson Shawn
Current Estimated Value
$342,522

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,800
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 27, 1996
Sold by
Fnma
Bought by
El-Telbani Moustafa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,000
Interest Rate
7.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 11, 1996
Sold by
Yeomelakis Arthur and Boulger Christine M
Bought by
Federal National Mortgage Association
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lawson Shawn $183,500 --
El-Telbani Moustafa $48,500 --
Federal National Mortgage Association $61,750 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Masciadrelli Jeffrey $188,000
Closed Lawson Shawn $146,800
Closed Lawson Shawn $27,500
Previous Owner Federal National Mortgage Association $46,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2020 09/14/20 Sold $235,000 +2.2% $297 / Sq Ft
07/13/2020 07/13/20 Pending -- -- --
07/08/2020 07/08/20 For Sale $229,900 -- $291 / 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 $37 $283,900 $0 $283,900
2024 $3,750 $283,900 $0 $283,900
2023 $3,215 $229,800 $0 $229,800
2022 $3,528 $235,200 $0 $235,200
2021 $3,301 $211,200 $0 $211,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72687082

MLS Property Information Network (MLS PIN)

APN: NREA-000023-000000-000026-004018