$840,000
SOLD JUN 13, 2022

66 Mineral St Reading, MA 01867

4 Beds
2.5 Baths
3,083 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$272 Per Sq Ft

12% Above List Price

4 Days on Market

Highlights

  • Porch
  • Cooling Available
  • Heating Available
  • Alice M. Barrows Elementary School Rated A-
  • Outdoor Storage

About This Home

As of September 2023

Rare opportunity to own a 2 family in Reading just 0.5 miles from the commuter rail! 3 bed + Office 1.5bath single family home with an attached 500sf renovated 1 bed 1 bath apartment off the back. Great opportunity for an owner occupants and investors to get into the highly sought after Reading market. Both units have been updated since 2017 including new kitchen, new mini split systems, new stackable laundry, new hot water heater for unit 2, and much more. Driveway parking for 4 cars.

Last Agent to Sell the Property

Jon Ladas

Byrnes Real Estate Group LLC Listed on: 05/04/2022

Last Buyer's Agent

Alliance Home Team

Elite Realty Experts, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,899

Year Built

  • Built in 1886

Lot Details

  • 6,970 Sq Ft Lot

Parking

  • 4 Car Parking Spaces

Home Design

  • Stone Foundation

Interior Spaces

  • 3,083 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 4 Bedrooms

Unfinished Basement

  • Interior Basement Entry
  • Block Basement Construction

Outdoor Features

  • Bulkhead
  • Outdoor Storage
  • Rain Gutters
  • Porch

Utilities

  • Cooling Available
  • Heating Available
  • 220 Volts
  • Gas Water Heater

Community Details

  • 2 Units
  • Net Operating Income $43,800

Listing and Financial Details

  • Total Actual Rent $3,650
  • Rent includes unit 2(water)
  • Assessor Parcel Number 733660

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,899

Year Built

Built in 1886

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1886
  • Buyer Agency: 2%
  • Buyer Agency Type: %
  • Transaction Broker: 1%
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 3

Interior Features

  • Fireplace YN: No
  • Appliances: Gas Water Heater
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bathrooms: 2.5
  • Basement: Interior Entry, Bulkhead, Concrete, Unfinished
  • Living Area: 3083
  • Stories Total: 3
  • MAIN LO: AC0342
  • LIST PRICE PER Sq Ft: 243.27
  • PRICE PER Sq Ft: 272.46
  • MAIN SO: AN4373

Exterior Features

  • Exterior Features: Rain Gutters, Storage
  • Foundation Details: Stone
  • Patio And Porch Features: Porch
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: Unit 1(Central Air), Unit 2(Ductless Mini-Split System)
  • Heating: Unit 1(Gas), Unit 2(Electric Baseboard,Ductless Mini-Split System)
  • Cooling Y N: Yes
  • Electric: 220 Volts
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Rent Includes: Unit 2(Water)

Lot Info

  • Parcel Number: 733660
  • Zoning: S15
  • Farm Land Area Units: Square Feet
  • Lot Features: Other
  • Lot Size Acres: 0.16
  • Lot Size Area: 0.16
  • Lot Size Sq Ft: 6969.6
  • Lot Size Units: Acres
  • LOT SIZE: 7065
  • PAGE: 124

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 8899.11
  • Tax Book Number: 69085

Multi Family

  • Gross Income: 43800
  • Net Operating Income: 43800
  • Number Of Units Total: 2
  • Total Actual Rent: 3650
  • LEVELS 1: 2
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 2: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2020
Sold by
Cronin Sean M and Cronin Michael D
Bought by
Cronin Sean M and Reny Kristina M
Current Estimated Value
$860,180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$532,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 1997
Sold by
Curren Michael F and Curren Paula G
Bought by
Fay John W and Fay Paula T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,200
Interest Rate
8.09%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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 Type Sale Price Title Company
Quit Claim Deed -- None Available
Deed $199,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $678,926 FHA
Closed $769,230 FHA
Closed $532,000 New Conventional
Previous Owner $555,750 Adjustable Rate Mortgage/ARM
Previous Owner $352,000 No Value Available
Previous Owner $44,000 No Value Available
Previous Owner $255,000 No Value Available
Previous Owner $225,000 No Value Available
Previous Owner $159,200 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2023 09/18/23 Sold $785,000 -6.4% $419 / Sq Ft
08/12/2023 08/12/23 Pending -- -- --
08/03/2023 08/03/23 Price Changed $838,900 -0.1% $448 / Sq Ft
07/06/2023 07/06/23 Price Changed $839,900 0.0% $448 / Sq Ft
07/06/2023 07/06/23 For Sale $839,900 -5.1% $448 / Sq Ft
05/27/2023 05/27/23 Pending -- -- --
05/16/2023 05/16/23 For Sale $884,900 +5.3% $472 / Sq Ft
06/13/2022 06/13/22 Sold $840,000 +12.0% $272 / Sq Ft
05/09/2022 05/09/22 Pending -- -- --
05/04/2022 05/04/22 For Sale $750,000 -- $243 / 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 $8,672 $761,400 $437,500 $323,900
2024 $9,072 $774,100 $430,100 $344,000
2023 $9,184 $729,500 $405,300 $324,200
2022 $8,899 $667,600 $370,800 $296,800
2021 $8,218 $595,100 $319,700 $275,400
2020 $8,034 $575,900 $309,400 $266,500
2019 $7,684 $540,000 $290,100 $249,900
2018 $7,131 $514,100 $276,200 $237,900
2017 $6,736 $480,100 $257,900 $222,200
2016 $6,518 $449,500 $256,700 $192,800
2015 $6,309 $429,200 $237,200 $192,000
2014 $6,163 $418,100 $229,200 $188,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72975110

MLS Property Information Network (MLS PIN)

APN: READ-000020-000000-000164