NOT LISTED FOR SALE

40 Main St Unit 22 North Reading, MA 01864

Estimated Value: $341,000 - $388,160

2 Beds
1 Bath
970 Sq Ft
$489/mo HOA Fee

Last Sold July 06, 2023

Last sale price $318,000 $328 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,505/month

5 Days on Market

Highlights

  • Open Floorplan
  • Property is near public transit
  • Recreation Facilities
  • E Ethel Little School Rated A
  • Community Pool
  • Stainless Steel Appliances

About This Home

As of July 2023

Don't miss out on this incredible opportunity to own one of the larger, deluxe units in the coveted Park Colony complex.Tucked away on the second floor of the complex, this well loved and well maintained unit offers tranquility and privacy, with a fantastic balcony overlooking the common area courtyard. It's the perfect spot to relax and unwind after a long day. Two large bedrooms with generous sized closets, freshly painted interior, new kitchen counters, new stainless steel range and dishwasher, all you have to do is bring your belongings and settle into this move-in ready condo! Conveniently located near shopping, restaurants, and major routes such as I-93, I-95, and I-495. It's an ideal location for commuters who travel to Boston and the surrounding areas. Plenty of extra parking and pet-friendly. Move-in ready is rare in this price range! OPEN HOUSE THURSDAY, MAY 18TH 5:00PM-6:30PM

Last Agent to Sell the Property

The Good Life Real Estate Group

Realty One Group Nest Listed on: 05/17/2023

Realty One Group Nest

Co-Listed By

Jennifer Menery

Realty One Group Nest

Last Buyer's Agent

Ray Durling

Leading Edge Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,470

Year Built

  • Built in 1974

HOA Fees

  • $489 Monthly HOA Fees

Interior Spaces

  • 970 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Parking

  • 1 Car Parking Space
  • Common or Shared Parking
  • Guest Parking
  • Off-Street Parking

Schools

  • E. Ethel Little Elementary School
  • North Reading Middle School
  • North Reading High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System

Additional Features

  • Balcony
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number M:023.A B:0026 L:4022.0,717827

Community Details

Overview

  • Association fees include heat, gas, sewer, insurance, maintenance structure, ground maintenance, snow removal, trash
  • 150 Units
  • Low-Rise Condominium
  • Park Colony Community

Amenities

  • Shops
  • Laundry Facilities
  • Community Storage Space

Recreation

  • Recreation Facilities
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,470

Year Built

Built in 1974

Lot Details

0

HOA Fees

$489 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Low-Rise
  • Year Built: 1974
  • Buyer Agency: 2%
  • Buyer Agency Type: %
  • Entry Level: 2
  • Transaction Broker: 1.5%
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Walk-In Closet(s)
  • Bathroom 1 Features: Bathroom - Full
  • Room Dining Room Features: Open Floorplan
  • Room Kitchen Features: Stainless Steel Appliances
  • Room Living Room Features: Balcony - Exterior, Open Floorplan
  • Basement: N
  • Living Area: 970
  • Spa YN: No
  • Stories Total: 1
  • MAIN LO: C95039
  • LIST PRICE PER Sq Ft: 309.18
  • PRICE PER Sq Ft: 327.84
  • MAIN SO: AN4643

Exterior Features

  • Home Warranty YN: No
  • Pool Features: Association
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street, Common, Guest
  • Total Parking Spaces: 1

Utilities

  • Sewer: Other
  • Cooling: Wall Unit(s)
  • Heating: Baseboard, Natural Gas
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Hot Water, Pool, Laundry, Recreation Facilities, Storage
  • Association Fee: 489
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Pool, Highway Access
  • Senior Community YN: No
  • UNIT BUILDING: 22
  • MANAGEMENT: Professional - Off Site
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Gas, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash

Lot Info

  • Parcel Number: M:023.A B:0026 L:4022.0,717827
  • Zoning: RA
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • PAGE: 254
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3470
  • Tax Book Number: 27631

Multi Family

  • Number Of Units Total: 150
  • Basement Included Sq Ft: No

MLS Schools

  • High School: North Reading
  • Elementary School: E. Ethel Little
  • Middle Or Junior School: North Reading

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 29, 1997
Sold by
Flaherty Joseph C and Murphy Brendan K
Bought by
Cusato Patricia L
Current Estimated Value
$361,290
Source: Public Records

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Range of Values:

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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
Cusato Patricia L $74,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pynn Michelle $254,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2023 07/06/23 Sold $318,000 +6.0% $328 / Sq Ft
05/23/2023 05/23/23 Pending -- -- --
05/17/2023 05/17/23 For Sale $299,900 -- $309 / 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 $44 $337,500 $0 $337,500
2024 $4,550 $344,400 $0 $344,400
2023 $3,470 $248,000 $0 $248,000
2022 $3,627 $241,800 $0 $241,800
2021 $3,596 $230,100 $0 $230,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73112670

MLS Property Information Network (MLS PIN)

APN: NREA-000023-000000-000026-004022