NOT LISTED FOR SALE

55 Lothrop Rd Reading, MA 01867

Estimated Value: $726,000 - $766,000

3 Beds
1 Bath
946 Sq Ft
$795/Sq Ft Est. Value

Last Sold August 31, 2020

Last sale price $540,000 $571 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $4,692/month

12 Days on Market

Highlights

  • Wood Flooring
  • Enclosed patio or porch
  • Forced Air Heating System
  • Alice M. Barrows Elementary School Rated A-

About This Home

As of August 2020

Great opportunity to get into the popular Reading market. Ranch style home on quiet side street. Conveniently located near major highways, transportation, shopping, restaurants, parks and golf courses. The main level features 3 bedrooms, fully applianced kitchen and fireplaced living room. Laundry in very large basement. Three season porch overlooking a large yard you would be proud to entertain in. Well maintained, add your personal touches to make it home.

Last Listed By

Carol Ciffolillo

Dawson Real Estate Listed on: 07/22/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,417

Year Built

  • Built in 1954

Lot Details

  • 0.34

Parking

  • 1 Car Garage

Kitchen

  • Range
  • Microwave
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Laundry

  • Dryer
  • Washer

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Oil Water Heater
  • Cable TV Available

Additional Features

  • Enclosed patio or porch
  • Property is zoned S20
  • Basement

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,417

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Ranch
  • Year Built Description: Actual
  • List Price Per Sq Ft: 560.15
  • Comp Based On: Net Sale Price
  • Year Built: 1954
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1954

Interior Features

  • Fireplaces: 1
  • Flooring: Wood, Tile, Wall to Wall Carpet, Hardwood
  • Interior Amenities: Cable Available
  • Appliances: Range, Disposal, Microwave, Refrigerator, Washer, Dryer
  • No Bedrooms: 3
  • Master Bedroom: On Level: First Floor
  • Bedroom 2: On Level: First Floor
  • Bedroom 3: On Level: First Floor
  • Full Bathrooms: 1
  • Bathroom 1: On Level: First Floor
  • No Rooms: 5
  • Kitchen: On Level: First Floor
  • Laundry: On Level: Basement
  • Living Room: On Level: First Floor
  • Basement: Y
  • Basement Features: Full, Interior Access, Sump Pump, Concrete Floor, Unfinished Basement
  • Main Lo: M59500
  • Main So: M59500
  • Estimated Sq Ft: 946.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Shingles
  • Exterior Features: Porch - Enclosed
  • Foundation: Concrete Block
  • Insulation Feature: Unknown

Garage/Parking

  • Parking Feature: Off-Street, Paved Driveway
  • Parking Spaces: 2
  • Garage Parking: Detached
  • Garage Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Cooling: Window AC
  • Heating: Forced Air
  • Heat Zones: 1
  • Hot Water: Oil
  • Utility Connections: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup

Condo/Co-op/Association

  • Amenities: Shopping, Golf Course, Medical Facility, Highway Access, House of Worship, Public School, T-Station

Lot Info

  • Assessments: 526300.00
  • Acre: 0.34
  • Lot Size: 15010.00
  • Page: 507
  • Zoning: S20
  • Lot Description: Paved Drive

Tax Info

  • Taxes: 7341.89
  • Assessor Parcel Number: 731726

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2020
Closed on
Aug 27, 2020
Sold by
Greekwood Elizabeth A Est and Greekwood
Bought by
Fraser Jonathan and Hackett Mari
Seller's Agent
Carol Ciffolillo
Dawson Real Estate
Buyer's Agent
Carol Ciffolillo
Dawson Real Estate
List Price
$529,900
Sold Price
$540,000
Premium/Discount to List
$10,100
1.91%
Total Days on Market
12
Current Estimated Value
$752,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$212,113
Avg. Annual Appreciation
7.26%
Original Mortgage
$500,000
Outstanding Balance
$448,725
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$301,580

Purchase Details

Closed on
Aug 2, 1983
Bought by
Greekwood Joseph W and Greekwood Elizabeth A

Range of Values:

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Average Value
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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
Fraser Jonathan $540,000 None Available
Greekwood Joseph W $76,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fraser Jonathan $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2020 08/31/20 Sold $540,000 +1.9% $571 / Sq Ft
08/03/2020 08/03/20 Pending -- -- --
07/22/2020 07/22/20 For Sale $529,900 -- $560 / 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 $8,417 $739,000 $500,800 $238,200
2024 $8,324 $710,200 $481,100 $229,100
2023 $8,071 $641,100 $433,800 $207,300
2022 $7,778 $583,500 $394,400 $189,100
2021 $7,634 $552,800 $377,900 $174,900
2020 $7,342 $526,300 $359,600 $166,700
2019 $7,138 $501,600 $342,500 $159,100
2018 $6,566 $473,400 $323,000 $150,400
2017 $6,270 $446,900 $304,700 $142,200
2016 $5,845 $403,100 $275,200 $127,900
2015 $5,648 $384,200 $262,100 $122,100
2014 $5,274 $357,800 $243,800 $114,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72697337

MLS Property Information Network (MLS PIN)

APN: READ-000010-000000-000064