Seller's Agent in 2022
Rick Nazzaro
Colonial Manor Realty
(781) 290-7425
181 Total Sales
48 Village St Reading, MA 01867
9
Beds
4
Baths
3,658
Sq Ft
8,276
Sq Ft Lot
Highlights
- Property is near public transit and schools
- Park
- Level Lot
- J. Warren Killam Elementary School Rated A-
- Shops
About This Home
As of May 2022Outstanding opportunity for those seeking an excellent investment. Not for the faint at heart, this 4 family (buyers are always encouraged to verify zoning) is in need of significant updating, or also offers the possibility of tearing it down, and starting anew. The real value here is in the land and the zoning. In a wonderful location, near downtown, major routes, and shopping, this is an ideal location for renters, or perhaps condo buyers, should this be converted, or if 4 new units are to be built. This area has seen many homes recently improved upon and/or converted to condos, and much new construction that has sold out quickly...identifying a demand here. For those who can take command of such a project, this is an excellent opportunity. Don't miss it!!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,356
Year Built
- Built in 1890
Lot Details
- 8,276 Sq Ft Lot
- Level Lot
Home Design
- 3,658 Sq Ft Home
- Stone Foundation
- Frame Construction
- Shingle Roof
Bedrooms and Bathrooms
- 9 Bedrooms
- 4 Full Bathrooms
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- 4 Car Parking Spaces
- Driveway
- Paved Parking
- Open Parking
- Off-Street Parking
Location
- Property is near public transit and schools
Utilities
- Gas Water Heater
- Oil Water Heater
Listing and Financial Details
- Total Actual Rent $6,300
Community Details
Overview
- 4 Units
- Property has 1 Level
Recreation
- Park
Additional Features
- Shops
- Net Operating Income $75,600
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
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/19/2022 05/19/22 | Sold | $1,050,000 | +6.1% | $287 / Sq Ft | |
| 02/09/2022 02/09/22 | Pending | -- | -- | -- | |
| 02/08/2022 02/08/22 | For Sale | $989,900 | +32.0% | $271 / Sq Ft | |
| 06/05/2018 06/05/18 | Sold | $750,000 | +4.2% | $205 / Sq Ft | View Prior Sale |
| 04/15/2018 04/15/18 | Pending | -- | -- | -- | |
| 04/09/2018 04/09/18 | For Sale | $719,900 | +19.0% | $197 / Sq Ft | |
| 10/29/2014 10/29/14 | Sold | $605,000 | +12.1% | $175 / Sq Ft | View Prior Sale |
| 09/29/2014 09/29/14 | Pending | -- | -- | -- | |
| 07/31/2014 07/31/14 | For Sale | $539,900 | -- | $156 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $6,555 | $575,500 | $410,800 | $164,700 |
| 2024 | $6,342 | $541,100 | $386,300 | $154,800 |
| 2023 | $12,132 | $963,600 | $352,600 | $611,000 |
| 2022 | $10,288 | $771,800 | $306,600 | $465,200 |
| 2021 | $10,356 | $749,900 | $280,900 | $469,000 |
| 2020 | $9,955 | $713,600 | $267,300 | $446,300 |
| 2019 | $9,682 | $680,400 | $254,900 | $425,500 |
| 2018 | $8,095 | $583,600 | $238,100 | $345,500 |
| 2017 | $7,789 | $555,200 | $226,500 | $328,700 |
| 2016 | $7,911 | $545,600 | $259,500 | $286,100 |
| 2015 | $7,412 | $504,200 | $239,800 | $264,400 |
| 2014 | $7,180 | $487,100 | $231,700 | $255,400 |
Source: Public Records
Agents Affiliated with this Home
-
Rick Nazzaro
-
Bobbie Botticelli
Buyer's Agent in 2022
Bobbie Botticelli
Colonial Manor Realty
(781) 844-9371
70 Total Sales
-
L
Seller's Agent in 2018
Lauretta Raffi
Boardwalk Real Estate
-
James Joly
Seller's Agent in 2014
James Joly
Boardwalk Real Estate
(781) 771-3781
57 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72940687
APN: READ M:017.0-0000-0192.0
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
Nearby Homes
- 531 Main St Unit 1002
- 49 Salem St Unit 1
- 400 Main St
- 12 Lakeview Ave
- 1 Charles St Unit V
- 52 Sanborn St Unit 7
- 13 Carnation Cir Unit B
- 24 Mount Vernon St
- 79 Orange St
- 295 Main St Unit 16
- 13 Percy Ave
- 249 Salem St Unit 4
- 863 Main St
- 20 Pinevale Ave
- 24 Pinevale Ave
- 58 Libby Ave
- 173 High St
- 44 Grandview Rd
- 115 Prescott St
- 166 Pearl St
- 48 Village St Unit 2001
- 48 Village St Unit 1002
- 48 Village St Unit 2002
- 48 Village St Unit 2
- 40 Village St
- 64 Village St
- 28 Village St
- 28 Village St Unit 1
- 77 John St
- 57 Village St
- 30 Village St
- 30 Village St Unit 1
- 341 Haven St
- 337 Haven St
- 57 Village St
- 43 Village St
- 333 Haven St
- 33 Village St Unit 33
- 81 John St
- 76 Village St
Your Personal Tour Guide
Ask me questions while you tour the home.