P
Landlord's Agent in 2022
Paul Santucci
True North Realty
(617) 694-0004
15 in this area
42 Total Sales
40 Orange St Unit 2 Reading, MA 01867
Estimated Value: $820,000 - $1,063,000
1
Bed
1
Bath
1,150
Sq Ft
$818/Sq Ft
Est. Value
Highlights
- Deck
- Property is near public transit
- Park
- Walter S. Parker Middle School Rated A-
- No HOA
- 4-minute walk to Memorial Park
About This Home
As of March 2022Fantastic, Sunny & HUGE 1 Bedroom Apartment Ready NOW! Located in the highly desirable "Memorial Park" area of Reading, this beautiful & bright TOP FLOOR home is within walking distance to Downtown / restaurants, & a quick drive to 95/93. The sunny, front-facing bedroom boasts a new ceiling fan & 2 closets! Bonus room off the bedroom is a perfect office / study. Open concept living room & dining room spans the entire width of the house. Pristine kitchen has newer appliances, lovely granite countertops & gleaming white cabinets. In-Unit Laundry Room & enormous private attic storage, Clean, large full bathroom. Convenient "mudroom" & large pantry lead to large, elevated wood deck. Beautiful hardwood floors, updated lighting, Gorgeous common lawn, framed by lovely mature plantings landscape. The yard is perfect for enjoying the outdoors. Rent includes 2 CAR PARKING. No pets & no smoking please, tenant responsible for First Month's Rent, Security Deposit & Full Broker Fee.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,062
Year Built
- 1920
Lot Details
- 0.29
Parking
- 2 Car Parking Spaces
Home Design
- 1,150 Sq Ft Home
- Apartment
Kitchen
- Range<<rangeHoodToken>>
- <<microwave>>
- Freezer
- Dishwasher
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Laundry
- Laundry in unit
- Dryer
- Washer
Utilities
- No Cooling
- Heating System Uses Oil
- Heating System Uses Steam
Additional Features
- Deck
- Property is near public transit
Listing and Financial Details
- Security Deposit $2,100
- Rent includes water, sewer, trash collection, snow removal, gardener, parking
- Assessor Parcel Number 734587
Community Details
Overview
- No Home Owners Association
Amenities
- Common Area
- Shops
Recreation
- Park
Pet Policy
- No Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 31, 2000
Sold by
Ferrazzani Greg J and Ferrazzani Robyn A
Bought by
Thomson Brian and Thomson Stacey
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
8.14%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 25, 1994
Sold by
Adams Francine R
Bought by
Ferrazzani Greg J and Ferrazzani Robyn A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
6.96%
Mortgage Type
Purchase Money Mortgage
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Thomson Brian | $330,000 | -- | |
| Ferrazzani Greg J | $200,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Thomson Brian | $305,000 | |
| Closed | Thomson Brian | $237,000 | |
| Closed | Thomson Brian | $236,500 | |
| Closed | Thomson Brian J | $264,000 | |
| Closed | Thomson Brian J | $262,000 | |
| Closed | Bremis Stephen J | $264,000 | |
| Closed | Bremis Stephen J | $264,000 | |
| Previous Owner | Bremis Stephen J | $170,000 | |
| Previous Owner | Bremis Stephen J | $170,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/17/2022 03/17/22 | Rented | $2,100 | 0.0% | -- |
| 03/16/2022 03/16/22 | Under Contract | -- | -- | -- |
| 03/11/2022 03/11/22 | For Rent | $2,100 | -- | -- |
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 | $10,062 | $883,400 | $491,800 | $391,600 |
| 2024 | $9,946 | $848,600 | $472,400 | $376,200 |
| 2023 | $9,633 | $765,100 | $425,900 | $339,200 |
| 2022 | $9,272 | $695,600 | $387,200 | $308,400 |
| 2021 | $9,159 | $663,200 | $371,000 | $292,200 |
| 2020 | $8,804 | $631,100 | $353,100 | $278,000 |
| 2019 | $12,454 | $601,200 | $336,300 | $264,900 |
| 2018 | $7,864 | $567,000 | $317,200 | $249,800 |
| 2017 | $3,934 | $538,800 | $299,200 | $239,600 |
| 2016 | $6,948 | $479,200 | $268,100 | $211,100 |
| 2015 | $6,731 | $457,900 | $247,700 | $210,200 |
| 2014 | $6,580 | $446,400 | $239,400 | $207,000 |
Source: Public Records
Agents Affiliated with this Home
-
Paul Santucci
-
Michele Manzione Bova
M
Landlord's Co-Listing Agent in 2022
Michele Manzione Bova
True North Realty
4 in this area
4 Total Sales
-
The Andover Team
T
Tenant's Agent in 2022
The Andover Team
True North Realty
(978) 664-1671
1 in this area
15 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72951820
APN: READ-000022-000000-000294
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