NOT LISTED FOR SALE

7 Locust St North Reading, MA 01864

Estimated Value: $908,000 - $1,888,000

4 Beds
2 Baths
1,564 Sq Ft
$891/Sq Ft Est. Value

Last Sold December 06, 2019

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

Est. 481% increase in value since last sale

Current estimated payment $9,326/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
$1,393,704

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

Similar Homes in the area

  • 23 Linwood Ave, North Reading, MA 01864

    $1,125,000

    • 3 Beds
    • 2.5 Baths
    • 2,640 Sq Ft
    • 23 Linwood Ave
    • North Reading, MA

    Welcome to this exceptional new construction home crafted by a renowned local builder, showcasing unparalleled craftsmanship & attention to detail. This stunning home offers 3 bedrooms, 2.5 baths & an inviting layout designed for modern living. The first floor boasts a sunlit living room with a gas fireplace, seamlessly connecting to the dining area & a gourmet kitchen adorned with quartz

    Robyn Magenheim LAER Realty Partners

    Section Image
  • 3 W Village Dr, North Reading, MA 01864

    $1,500,000

    • 4 Beds
    • 3.5 Baths
    • 4,292 Sq Ft
    • 3 W Village Dr
    • North Reading, MA

    Impressive renovated young home at end of cul de sac where no detail spared. Heart of this home is the bright, open gourmet kitchen: granite countertops, huge island, Viking stove, GE Profile ss appliances, tiled backsplash & abundance of cabinets. Kitchen flows to fireplaced FR w/cathedral ceiling & custom bar- entertaining! Sliding door to deck. Living rm, Dining rm, office & 1/2 bath top off

    Marina Tramontozzi True North Realty

    Section Image
  • 180 North St, North Reading, MA 01864

    $1,599,000

    • 4 Beds
    • 3.5 Baths
    • 4,370 Sq Ft
    • 180 North St
    • North Reading, MA

    Only steps to the Hillview Golf Course, this stunning new construction home showcases exceptional craftsmanship & architectural details. Adorned with 4 bedrooms & 3.5 baths this home features a chef's kitchen with quartz countertops, ss appliances, large center island & spacious pantry with sliders leading to a deck & tree lined, level backyard perfect for entertaining. Off the kitchen is a

    Robyn Magenheim LAER Realty Partners

    Section Image
  • 124 Lilah Ln, Reading, MA 01867

    $1,479,000

    • 4 Beds
    • 2.5 Baths
    • 3,395 Sq Ft
    • 124 Lilah Ln
    • Reading, MA

    Welcome to 124 Lilah Lane, a meticulously maintained center-entrance Colonial in Reading’s desirable Sanborn Village. Privately sited at the end of a cul-de-sac abutting conservation land, this 4-bedroom, 2.5-bath home offers both tranquility and space. The sunlit eat-in kitchen, highlighted by a charming bay window opens to a vaulted family room with a fireplace & direct access to the deck—an

    Patricia McCormick J. Barrett & Company

    Section Image
  • 51 Lilah Ln, Reading, MA 01867

    $1,399,000

    • 4 Beds
    • 3.5 Baths
    • 3,660 Sq Ft
    • 51 Lilah Ln
    • Reading, MA

    In a MOST desired exec loc, this impressive CE col offers the updates, finishes, space, yard & amenities you crave. Constructed by the areas most admired builder of his day...high-quality, design & function were always in mind. On a gorgeous lot abutting acres of magnificent nature, your view is amazing at every season. The fenced yard is an entertainers dream w/its patio, pool & expansive decks.

    Rick Nazzaro Colonial Manor Realty

    Section Image
  • 1 Liberty Ln, North Reading, MA 01864

    $1,500,000

    • 4 Beds
    • 2.5 Baths
    • 4,132 Sq Ft
    • 1 Liberty Ln
    • North Reading, MA

    Welcome to Ridgeway Estates! This expansive, custom-built home blends timeless elegance with modern comfort. Master craftsmanship shines throughout with rich millwork, soaring cathedral ceilings, and multiple fireplaces. The two-story foyer sets the tone, while an open layout offers seamless indoor-outdoor living with multiple sliders to a brand-new, oversized deck. Relax on the wraparound

    Lisa Santilli Classified Realty Group

    Section Image
  • 24 Hickory Ln, North Reading, MA 01864

    $1,189,000

    • 4 Beds
    • 2.5 Baths
    • 3,424 Sq Ft
    • 24 Hickory Ln
    • North Reading, MA

    Exquisite & unique, beautifully expanded home in highly coveted, tranquil location has been continuously updated by owners & polished to perfection inside & out (+ BRAND NEW ROOF!). Impeccable, versatile space that can adapt to any lifestyle. Sited atop an impressive, landscaped lot that abuts conservation land & boasts an amazing backyard oasis w/expansive patio & deck for entertaining or to

    John Veneziano RE/MAX Andrew Realty Services

    Section Image
  • 7 Cottage St, North Reading, MA 01864

    $1,399,000

    • 4 Beds
    • 3.5 Baths
    • 4,680 Sq Ft
    • 7 Cottage St
    • North Reading, MA

    Modern traditional design meets entertainment excellence in this property where versatile living spaces unfold across 4,600+ thoughtfully planned square feet. The main level presents a harmonious flow between the family room, living room, and eat-in kitchen featuring a quartz-topped island. A dedicated home office provides the perfect remote work setup. The show-stopping primary retreat commands

    The Ternullo Real Estate Team Leading Edge Real Estate

    Section Image

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
Berg Lori -- --
Lipert Douglas R -- --
Lipert Douglas R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Vincent $250,000
Open Smith Vincent $656,000
Closed Swanview Investments Llc $542,000
Previous Owner Lipert Douglas R $188,500
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

  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72456392

MLS Property Information Network (MLS PIN)

APN: NREA-000005-000000-000080