NOT LISTED FOR SALE

7 Locust St North Reading, MA 01864

Estimated Value: $896,000 - $1,900,000

4 Beds
2 Baths
1,564 Sq Ft
$906/Sq Ft Est. Value

Last Sold December 06, 2019

Last sale price $240,000 $153 Per Sq Ft

Est. 490% increase in value since last sale

Current estimated payment $9,042/month

150 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating System
  • Storage Shed
  • E Ethel Little School Rated A

About This Home

As of December 2019

Short Sale!!! BANK APPROVED at 285,000!! Property sold AS IS, where is. Seller makes no warranties or representation regarding the property, its condition or systems. Buyer to pay $5,000 in short sale negotiation fee due at closing. Buyer/Buyer agent responsible to verify all info on this listing is accurate. Buyer is responsible for any and all inspections necessary to complete sale, this includes but not limited to smoke/carbon monoxide certification. Don't miss the opportunity to own this investment property with nearly an acre of land. Handyman special. Please allow 48 hours for review on all offers and attach all paperclip documents.

Last Agent to Sell the Property

The Decotis Group

Lyv Realty Listed on: 02/23/2019

Co-Listed By

Ashley DeCotis

Lyv Realty

Last Buyer's Agent

Ashley DeCotis

Lyv Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,740

Year Built

  • Built in 1920

Lot Details

  • 0.92

Flooring

  • Wood
  • Wall to Wall Carpet

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Oil
  • Private Sewer

Additional Features

  • Storage Shed
  • Property is zoned RA
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:05-P:080

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,740

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Single Family Type: Detached
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 182.23
  • Comp Based On: Net Sale Price
  • Year Built: 1920
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1920

Interior Features

  • Fireplaces: 1
  • Flooring: Wall to Wall Carpet, Hardwood
  • No Bedrooms: 4
  • Full Bathrooms: 2
  • No Rooms: 8
  • Basement: Y
  • Basement Features: Full
  • Main Lo: AN2707
  • Main So: AN2707
  • Estimated Sq Ft: 1564.00

Exterior Features

  • Exterior: Wood
  • Exterior Features: Storage Shed
  • Foundation: Irregular

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 5
  • Garage Parking: Detached

Utilities

  • Sewer: Private Sewerage
  • Water: Private Water
  • Cooling: Window AC
  • Heating: Forced Air, Oil

Schools

  • Elementary School: E. Ethel
  • Middle School: North Reading
  • High School: North Reading

Lot Info

  • Assessments: 397200.00
  • Acre: 0.92
  • Lot Size: 40075.00
  • Parcel Number: M:05-P:080
  • Zoning: RA
  • Lot Description: Wooded

Tax Info

  • Taxes: 6188.00
  • Assessor Parcel Number: 716438

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2014
Sold by
Berg Lori and Lipert Douglas R
Bought by
Berg Lori
Current Estimated Value
$1,416,407

Purchase Details

Closed on
Dec 2, 2004
Sold by
Lipert Douglas R
Bought by
Lipert Douglas R and Berg Lori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Interest Rate
5.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 6, 2003
Sold by
Lipert Douglas and Lipert Douglas R
Bought by
Lipert Douglas R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,500
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Berg Lori -- --
Lipert Douglas R -- --
Lipert Douglas R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lipert Douglas R $154,000
Previous Owner Lipert Douglas R $123,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2019 12/06/19 Sold $240,000 -15.8% $153 / Sq Ft
07/23/2019 07/23/19 Pending -- -- --
06/19/2019 06/19/19 Price Changed $285,000 0.0% $182 / Sq Ft
06/19/2019 06/19/19 For Sale $285,000 -1.4% $182 / Sq Ft
03/06/2019 03/06/19 Pending -- -- --
02/23/2019 02/23/19 For Sale $289,000 -- $185 / 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 $18,740 $1,434,900 $402,400 $1,032,500
2024 $18,654 $1,412,100 $379,600 $1,032,500
2023 $16,549 $1,182,900 $348,500 $834,400
2022 $16,817 $1,121,100 $317,000 $804,100
2021 $6,848 $438,100 $290,900 $147,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72456392

MLS Property Information Network (MLS PIN)

APN: NREA-000005-000000-000080