RENTED MAY 8, 2025

40 Main St Unit 4 North Reading, MA 01864

Estimated Value: $269,197 - $358,000

1 Bed
1 Bath
583 Sq Ft
$516/Sq Ft Est. Value

Highlights

  • Golf Course Community
  • In Ground Pool
  • Cooling Available
  • E Ethel Little School Rated A
  • No HOA
  • Park

About This Home

As of May 2025

Bright and sunny newly renovated one bedroom lower level apt at PARK COLONY. Beautifully updated kitchen with new white cabinets/counter tops and STAINLESS STEEL appliances. Large living room and bedroom both with HARDWOOD flooring. Newly updated bath and plenty of closet space. Laundry in building and off street parking. Rent includes heat, hot water and gas for cooking. Pool, playground and barbecue area! No pets, no smoking and excellent credit score required. Available June 14th.

Last Agent to Rent the Property

Roberta Peach

CDG Realty Group Listed on: 04/23/2025

Last Renter's Agent

Roberta Peach

CDG Realty Group Listed on: 04/23/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $30

Year Built

  • 1974

Parking

  • 2 Car Parking Spaces

Home Design

  • 583 Sq Ft Home
  • Apartment
  • Entry on the 1st floor

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Additional Features

  • In Ground Pool
  • Cooling Available

Listing and Financial Details

  • Security Deposit $1,825
  • Property Available on 6/14/25
  • Rent includes heat, hot water, gas, water, sewer, trash collection, snow removal, gardener, swimming pool, air conditioning, laundry facilities, parking
  • 12 Month Lease Term
  • Assessor Parcel Number 717841

Community Details

Overview

  • No Home Owners Association

Amenities

  • Common Area
  • Shops
  • Laundry Facilities

Recreation

  • Golf Course Community
  • Park

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$30

Year Built

1974

Lot Details

0

Rental Info

  • Pets Allowed: No
  • Available Date: 2025-06-14
  • Lease Term: Term of Rental(12 Mon)
  • Available Now: No
  • Deposit Required: Yes
  • FIRST MON REQD: Yes
  • INSURANCE REQD: Yes
  • LAST MON REQD: No
  • REFERENCES REQD: Yes
  • SEC DEPOSIT: 1825

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Apartment
  • Entry Level: 1
  • Year Round: Yes
  • CoOp Comp: 50/50
  • ResoPropertyType: ResidentialLease
  • ResoBuildingAreaSource: Owner
  • Special Features: None
  • Year Built: 1974

Interior Features

  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Refrigerator
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Laundry Features: In Building
  • Below Grade Sq Ft: 583
  • Living Area: 583
  • Spa YN: No
  • MAIN LO: AN7761
  • MAIN SO: AN7761

Exterior Features

  • Exterior Features: Pool - Inground
  • Home Warranty YN: No
  • Pool Features: In Ground
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Total Parking Spaces: 2

Utilities

  • Cooling Y N: Yes

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Shopping, Park, Golf, Highway Access, House of Worship
  • Rent Includes: Heat, Hot Water, Gas, Water, Sewer, Trash Collection, Snow Removal, Gardener, Swimming Pool, Air Conditioning, Laundry Facilities, Parking
  • Senior Community YN: No

Lot Info

  • Parcel Number: 717841
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • OUTDOOR SPACE AVAILABLE: Yes - Common
  • ResoLotSizeUnits: Acres

Multi Family

  • Basement Included Sq Ft: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 27, 2005
Sold by
Dicicco Narika
Bought by
Fowler Mildred L
Current Estimated Value
$301,049

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Outstanding Balance
$86,639
Interest Rate
5.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$214,410

Purchase Details

Closed on
May 10, 2002
Sold by
Heinlein Robert
Bought by
Dicicco Narika

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,250
Interest Rate
7.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 31, 2000
Sold by
Whitney Robert and Ware Shannon M
Bought by
Heinlein Robert N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
8.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 28, 1998
Sold by
Waring Keith A
Bought by
Whitney Robert and Ware Shannon M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,100
Interest Rate
6.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 6, 1994
Sold by
Guirola Edward
Bought by
Waring Keith A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
7.7%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Fowler Mildred L $165,000 --
Dicicco Narika $105,000 --
Heinlein Robert N $75,000 --
Whitney Robert $63,000 --
Waring Keith A $43,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fowler Mildred L $165,000
Previous Owner Dicicco Narika $89,250
Previous Owner Waring Keith A $60,000
Previous Owner Waring Keith A $61,100
Previous Owner Waring Keith A $30,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/08/2025 05/08/25 Rented $1,825 0.0% --
05/05/2025 05/05/25 Under Contract -- -- --
04/23/2025 04/23/25 For Rent $1,825 +4.3% --
09/01/2023 09/01/23 Rented $1,750 0.0% --
08/21/2023 08/21/23 Under Contract -- -- --
08/14/2023 08/14/23 For Rent $1,750 -- --
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 $30 $226,400 $0 $226,400
2024 $2,991 $226,400 $0 $226,400
2023 $2,534 $181,100 $0 $181,100
2022 $2,786 $185,700 $0 $185,700
2021 $2,606 $166,700 $0 $166,700
Source: Public Records

Agents Affiliated with this Home

  • Roberta Peach

    Landlord's Agent in 2025

    Roberta Peach

    CDG Realty Group

    (978) 664-0075

    7 in this area

    35 Total Sales

    Roberta Peach
    Section Image

  • N

    Buyer's Agent in 2023

    Nikki Martin

    Compass

    (781) 710-1440

    7 in this area

    255 Total Sales

    Nikki Martin
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73363616

MLS Property Information Network (MLS PIN)

APN: NREA-000023-000000-000026-004004

Massachusetts Middlesex County North Reading 01864

40 Main St Unit 4, North Reading, MA

Not Listed for Sale

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