NOT LISTED FOR SALE

5 Spoon Way North Reading, MA 01864

Estimated Value: $927,000 - $1,057,000

3 Beds
2.5 Baths
2,738 Sq Ft
$362/Sq Ft Est. Value

Last Sold June 08, 2022

Last sale price $958,000 $350 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $5,878/month

6 Days on Market

Highlights

  • Golf Course Community
  • Medical Services
  • Open Floorplan
  • Batchelder School Rated A
  • 172 Acre Lot
  • Custom Closet System

About This Home

As of June 2022

FREE STANDING TOWNHOME with abundant first floor living space, INCLUDING A FIRST FLOOR OWNER SUITE and a two-car garage just a few steps down from the kitchen, how convenient! That is only the start of this spectacular townhome which is NOT like any other in "The Greens" because it was transformed in 2016 with Brazilian Cherry hardwood floors, a much wider kitchen than most, expansive dining room with built-in dining hutch and wet bar, wine cooler, open staircase to lower level in the 2 story foyer. Two bedrooms upstairs and yet another renovated bathroom. In the lower level you will find plenty of space which includes a media room, playroom space and a separate office. Are you ready for more? Your very own, enormous outside deck for additional entertaining space! Best of all, the landscaping, snow removal and exterior maintenance are included in your condo fee.

Last Agent to Sell the Property

Penny McKenzie

Coldwell Banker Realty - Lynnfield Listed on: 03/30/2022

Coldwell Banker Realty - Lynnfield

Last Buyer's Agent

Nick Luo

JW Real Estate Services, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $10,485

Year Built

  • Built in 1986 | Remodeled

Lot Details

  • Near Conservation Area
  • Landscaped Professionally

HOA Fees

  • $636 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway
  • Open Parking
  • Off-Street Parking
  • Assigned Parking

Home Design

  • Entry on the 1st floor
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,738 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Wet Bar
  • Cathedral Ceiling
  • Skylights
  • Recessed Lighting
  • Decorative Lighting
  • Light Fixtures
  • Insulated Windows
  • Window Screens
  • Sliding Doors
  • Living Room with Fireplace
  • Home Office
  • Sun or Florida Room
  • Exterior Basement Entry

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Wine Cooler
  • Stainless Steel Appliances
  • Kitchen Island
  • Solid Surface Countertops

Flooring

  • Wood
  • Wall to Wall Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Custom Closet System
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Schools

  • Batchelder Elementary School
  • NRMS Middle School
  • NRHS High School

Utilities

  • Central Air
  • 1 Cooling Zone
  • 1 Heating Zone
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Natural Gas Connected
  • Gas Water Heater
  • Private Sewer
  • High Speed Internet

Additional Features

  • Energy-Efficient Thermostat
  • Deck
  • Property is near schools

Listing and Financial Details

  • Assessor Parcel Number M:085.A B:0009 L:0161.0,721739

Community Details

Overview

  • Association fees include sewer, insurance, maintenance structure, road maintenance, ground maintenance, snow removal, trash, reserve funds
  • 172 Units
  • The Greens Community

Amenities

  • Medical Services
  • Shops

Recreation

  • Golf Course Community
  • Community Pool
  • Putting Green
  • Park
  • Jogging Path
  • Bike Trail

Pet Policy

  • Breed Restrictions

Security

  • Resident Manager or Management On Site

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$10,485

Year Built

Built in 1986 | Remodeled

Lot Details

0

HOA Fees

$636 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Townhouse
  • Property Condition: Remodeled
  • Year Built: 1986
  • Buyer Agency: 2.0
  • Buyer Agency Type: %
  • Entry Level: 1
  • Transaction Broker: 2.0
  • Transaction Broker Type: %
  • Year Built Details: Renovated Since
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood, Tile, Stone / Slate, Flooring - Wall to Wall Carpet, Flooring - Hardwood
  • Interior Amenities: Walk-In Closet(s), Ceiling - Cathedral, Open Floor Plan, Slider, Lighting - Sconce, Lighting - Overhead, Walk-in Storage, Office, Sun Room, High Speed Internet
  • Entry Location: Unit Placement(Street)
  • Fireplace Features: Living Room
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Dishwasher,Microwave,Refrigerator,Washer,Dryer,Wine Refrigerator, Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Oven, Utility Connections for Electric Dryer
  • Total Bedrooms: 3
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Closet/Cabinets - Custom Built, Flooring - Hardwood
  • Room Bedroom2 Area: 221
  • Room Bedroom3 Features: Walk-In Closet(s), Flooring - Hardwood
  • Room Bedroom3 Area: 132
  • Room Bedroom3 Level: Third
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2.5
  • Room Master Bedroom Features: Bathroom - Full, Vaulted Ceiling(s), Walk-In Closet(s), Flooring - Hardwood, Deck - Exterior, Exterior Access, Recessed Lighting, Remodeled, Slider
  • Room Master Bedroom Level: Main
  • Room Master Bedroom Area: 210
  • Master Bathroom Features: Yes
  • Room Dining Room Features: Flooring - Hardwood, Wet Bar, Open Floorplan, Recessed Lighting, Remodeled, Slider, Wine Chiller
  • Room Dining Room Level: Main
  • Room Dining Room Area: 165
  • Room Family Room Level: Basement
  • Room Family Room Features: Flooring - Wall to Wall Carpet, Open Floorplan, Recessed Lighting, Remodeled
  • Room Family Room Area: 399
  • Room Kitchen Level: Main
  • Room Kitchen Features: Closet/Cabinets - Custom Built, Flooring - Hardwood, Pantry, Countertops - Stone/Granite/Solid, Kitchen Island, Cabinets - Upgraded, Open Floorplan, Recessed Lighting, Remodeled, Stainless Steel Appliances, Gas Stove, Lighting - Pendant, Lighting - Overhead
  • Room Kitchen Area: 176
  • Laundry Features: First Floor, In Unit
  • Room Living Room Level: Main
  • Room Living Room Area: 221
  • Room Living Room Features: Flooring - Hardwood, Exterior Access, Open Floorplan, Remodeled
  • Room Office Level: Basement
  • Room Office Area: 143
  • Room Office Features: Closet - Walk-in, Flooring - Wall to Wall Carpet
  • Living Area: 2738
  • Stories Total: 3
  • Window Features: Skylight, Insulated Windows, Screens
  • MAIN LO: NB5013
  • LIST PRICE PER Sq Ft: 319.58
  • PRICE PER Sq Ft: 349.89
  • MAIN SO: AN4158

Exterior Features

  • Exterior Features: Professional Landscaping
  • Construction Materials: Frame
  • Patio And Porch Features: Deck - Exterior, Deck
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Attached Garage YN: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Attached, Off Street, Driveway, Paved, Exclusive Parking
  • Total Parking Spaces: 2

Utilities

  • Sewer: Private Sewer
  • Utilities: for Gas Range, for Gas Oven, for Electric Dryer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Electric: 200+ Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association Amenities: Putting Green
  • Association Fee: 636
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Shopping, Pool, Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School
  • UNIT BUILDING: 5
  • MANAGEMENT: Professional - On Site, Professional - Off Site
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash, Reserve Funds

Lot Info

  • Parcel Number: M:085.A B:0009 L:0161.0,721739
  • Zoning: RA
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 172
  • Lot Size Area: 172
  • Lot Size Sq Ft: 7492320
  • Lot Size Units: Acres
  • LOT SIZE: 7492320
  • PAGE: 2
  • OUTDOOR SPACE AVAILABLE: Yes - Private

Green Features

  • Green Energy Efficient: Thermostat

Rental Info

  • Pets Allowed: Breed Restrictions

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 10485
  • Tax Book Number: 147

Multi Family

  • Number Of Units Total: 172
  • Basement Included Sq Ft: Yes
  • NO UNITS OWNER OCC: 172

MLS Schools

  • High School: Nrhs
  • Elementary School: Batchelder
  • Middle Or Junior School: Nrms

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2022
Closed on
Jun 8, 2022
Sold by
Venuto Penny and Venuto Frank M
Bought by
Zheng Yao and Luo Yilun
Seller's Agent
Penny McKenzie
Coldwell Banker Realty - Lynnfield
Buyer's Agent
Nick Luo
JW Real Estate Services, LLC
List Price
$875,000
Sold Price
$958,000
Premium/Discount to List
$83,000
9.49%
Current Estimated Value
$990,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,800
Avg. Annual Appreciation
-1.59%
Original Mortgage
$403,000
Outstanding Balance
$385,652
Interest Rate
5.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$523,015

Purchase Details

Closed on
Dec 22, 1992
Sold by
Douglas R Conn Rt and Conn
Bought by
Douglas R Conn Inc and Moran-Soule Cara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
8.19%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Zheng Yao $958,000 None Available
Zheng Yao $958,000 None Available
Douglas R Conn Inc $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zheng Yao $403,000
Closed Zheng Yao $403,000
Previous Owner Flanagan Thomas $300,000
Previous Owner Douglas R Conn Inc $290,000
Previous Owner Douglas R Conn Inc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2022 06/08/22 Sold $958,000 +9.5% $350 / Sq Ft
04/06/2022 04/06/22 Pending -- -- --
03/30/2022 03/30/22 For Sale $875,000 -- $320 / 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 $112 $857,000 $0 $857,000
2024 $12,148 $919,600 $0 $919,600
2023 $11,377 $813,200 $0 $813,200
2022 $10,485 $699,000 $0 $699,000
2021 $12,140 $776,700 $0 $776,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72959375

MLS Property Information Network (MLS PIN)

APN: NREA-000085-000000-000009-000161