NOT LISTED FOR SALE

55 Salem St Unit 1 Reading, MA 01867

Estimated Value: $873,000 - $1,009,000

2 Beds
1 Bath
1,327 Sq Ft
$725/Sq Ft Est. Value

About This Home

Dreaming of living in the heart of Reading on 1st floor of a newly renovated historic home?.Ever wonder about living approx. 1/2 mile to the Train? How about being near restaurants/shops? Ever desired period woodwork that impresses your friends/ family? Ever yearned for a yard and 2 car parking? Do you appreciate refinished hardwood floors and new Pergo floors? Have you dreamt of a kitchen w/ ample cabinets, new SS appliances plus new Electrolux stacked washer & dryer? Want a spacious bedroom w/shelves, coffered ceiling & walk-in closet? Been looking for a generous living room adjacent to the kitchen for snacks w/ a windowed dining room that leads to an office? Want a new walk in shower? Yearning for 2nd bedroom walk-in closet 10' x 5' closet? Need storage in the basement?..They're all available here! Tenant pays 1/2 month office fee, 1st, last and $1000 security. NO smoking firm. Pet considered ($50 cat, $100 dog/mo- no aggressive breeds/ barkers).

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 15, 2022
Sold by
Campbell Florence E Est and Campbell
Bought by
55 Salem St Spe Llc
Current Estimated Value
$961,487

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Outstanding Balance
$690,185
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$242,786

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
55 Salem St Spe Llc $900,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 55 Salem St Spe Llc $720,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2023 04/18/23 Rented $2,800 0.0% --
03/19/2023 03/19/23 Under Contract -- -- --
02/15/2023 02/15/23 Price Changed $2,800 -6.7% $2 / Sq Ft
01/19/2023 01/19/23 Price Changed $3,000 -6.3% $2 / Sq Ft
11/10/2022 11/10/22 For Rent $3,200 -- --

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 $8,779 $770,800 $393,200 $377,600
2024 $8,857 $755,700 $385,500 $370,200
2023 $8,177 $649,500 $343,900 $305,600
2022 $7,765 $582,500 $308,400 $274,100
2021 $7,169 $519,100 $267,900 $251,200
2020 $6,936 $497,200 $256,600 $240,600
2019 $6,734 $473,200 $244,200 $229,000
2018 $6,443 $464,500 $239,700 $224,800
2017 $6,120 $436,200 $225,100 $211,100
2016 $5,829 $402,000 $224,300 $177,700
2015 $5,537 $376,700 $210,200 $166,500
2014 $5,339 $362,200 $202,100 $160,100
Source: Public Records

Agents Affiliated with this Home

  • Holly Welch

    Seller's Agent in 2023

    Holly Welch

    Churchill Properties

    (617) 680-6999

    20 Total Sales

    Holly Welch
    Section Image
See All Agents

Map

Massachusetts Middlesex County Reading 01867

55 Salem St Unit 1, Reading, MA

Homes for Sale in Reading, MA

This home is located at 55 Salem St Unit 1, Reading, MA 01867 and is currently estimated at $961,487, approximately $724 per square foot. 55 Salem St Unit 1 is a home located in Middlesex County with nearby schools including J. Warren Killam Elementary School, Walter S. Parker Middle School, and Reading Memorial High School.

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.

Nearby Homes