NOT LISTED FOR SALE

78 Lowell St Reading, MA 01867

Estimated Value: $1,019,000 - $1,203,000

5 Beds
2.5 Baths
3,645 Sq Ft
$305/Sq Ft Est. Value

Last Sold July 18, 2022

Last sale price $915,000 $251 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $7,000/month

4 Days on Market

Highlights

  • Spa
  • Deck
  • Wood Flooring
  • Birch Meadow Elementary School Rated A-
  • Property is near public transit
  • <<bathWithWhirlpoolToken>>

About This Home

As of July 2022

Lovely & very large, 11+ room Victorian 2 family in excellent location a short walk to the square, trains, banking, restaurants, and shopping. This home was remodeled on all 3 floors by the current owner and features 2 updated , fully applianced kitchens with granite counters and ceramic tile flooring, beautiful baths with tile and granite counters, hardwood floors throughout, a first floor electric fireplace, a second floor deck, a 32' x 41' 3rd floor family room, leaded glass windows, updated gas utilities, huge wrap around porch, and private yard. All it needs to make it yours is a fresh coat of paint inside. A must to see!

Last Agent to Sell the Property

James Joly

Boardwalk Real Estate Listed on: 05/27/2022

Last Buyer's Agent

Nuri Tirana

Tirana Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,578

Year Built

  • Built in 1900

Lot Details

  • 8,097 Sq Ft Lot
  • Corner Lot
  • Level Lot

Home Design

  • Duplex
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,645 Sq Ft Home
  • Property has 1 Level
  • Electric Fireplace
  • Washer

Kitchen

  • <<microwave>>
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • <<bathWithWhirlpoolToken>>

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • 5 Car Parking Spaces
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Spa
  • Deck
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Joshua Eaton Elementary School
  • Parker Middle School
  • Reading High School

Utilities

  • Cooling Available
  • Heating Available
  • 200+ Amp Service
  • 100 Amp Service
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $1,650
  • Rent includes unit 1(water), unit 2(water)
  • Assessor Parcel Number M:021.000000379.0,734485

Community Details

Amenities

  • Shops
  • Coin Laundry

Additional Features

  • 2 Units
  • Net Operating Income $19,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,578

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1900
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Transaction Broker: 1
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Tile,Carpet,Hardwood, Unit 1(undefined), Unit 2(Hardwood Floors,Stone/Ceramic Tile Floor)
  • Interior Amenities: Unit 1(Storage,Stone/Granite/Solid Counters,Internet Available - Fiber-Optic), Unit 2(Ceiling Fans,Storage,Crown Molding,Stone/Granite/Solid Counters,Upgraded Cabinets,Internet Available - Fiber-Optic), Unit 1 Rooms(Living Room,Dining Room,Kitchen,Other (See Remarks)), Unit 2 Rooms(Living Room,Kitchen,Office/Den,Other (See Remarks))
  • Fireplace Features: Unit 1(Fireplace - Electric)
  • Fireplace YN: Yes
  • Appliances: Unit 1(Range,Dishwasher,Disposal,Microwave,Refrigerator), Unit 2(Range,Dishwasher,Disposal,Microwave,Refrigerator,Washer,Dryer), Gas Water Heater,Tank Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Dryer
  • Total Bedrooms: 5
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bathrooms: 2.5
  • Basement: Full, Sump Pump, Unfinished
  • Living Area: 3645
  • Spa Features: Unit 1 Jacuzzi/Whirlpool Soaking Tub
  • Spa YN: Yes
  • Stories Total: 3
  • MAIN LO: B30601
  • LIST PRICE PER Sq Ft: 246.78
  • PRICE PER Sq Ft: 251.03
  • MAIN SO: B95100

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Patio And Porch Features: Porch, Deck
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Off Street, Paved
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Dryer
  • Cooling: Unit 1(Window AC), Unit 2(Window AC)
  • Heating: Unit 1(Steam,Gas), Unit 2(Hot Water Baseboard,Gas)
  • Cooling Y N: Yes
  • Electric: Circuit Breakers, 100 Amp Service, 200+ Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station, Sidewalks
  • Rent Includes: Unit 1(Water), Unit 2(Water)

Lot Info

  • Parcel Number: M:021.000000379.0,734485
  • Zoning: S15
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot, Level
  • Lot Size Acres: 0.19
  • Lot Size Area: 0.19
  • Lot Size Sq Ft: 8097
  • Lot Size Units: Acres
  • PAGE: 205

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 9578
  • Tax Book Number: 41657

Multi Family

  • Gross Income: 19800
  • Net Operating Income: 19800
  • Number Of Units Total: 2
  • Total Actual Rent: 1650
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 2
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

MLS Schools

  • High School: Reading Hs
  • Elementary School: Joshua Eaton
  • Middle Or Junior School: Parker Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 22, 2003
Sold by
Divergilio Amelia
Bought by
Pagliuca Lisa M and Hogan Thomas J
Current Estimated Value
$1,110,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,000
Interest Rate
5.96%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Pagliuca Lisa M $445,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rami Albana $744,810
Closed Hogan Thomas J $390,000
Closed Hogan Thomas J $355,000
Closed Hogan Lisa M $75,000
Closed Hogan Lisa M $41,000
Closed Pagliuca Lisa M $60,000
Closed Pagliuca Lisa M $90,000
Closed Pagliuca Lisa M $353,000
Closed Pagliuca Lisa M $356,000
Closed Hogan Thomas J $44,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2022 07/18/22 Sold $915,000 +1.7% $251 / Sq Ft
06/01/2022 06/01/22 Pending -- -- --
05/27/2022 05/27/22 For Sale $899,500 -- $247 / 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 $10,393 $912,500 $389,500 $523,000
2024 $10,274 $876,600 $374,200 $502,400
2023 $9,951 $790,400 $337,400 $453,000
2022 $9,578 $718,500 $306,700 $411,800
2021 $9,385 $679,600 $289,900 $389,700
2020 $9,172 $657,500 $280,500 $377,000
2019 $8,884 $624,300 $266,300 $358,000
2018 $7,931 $571,800 $243,900 $327,900
2017 $7,829 $558,000 $235,700 $322,300
2016 $7,450 $513,800 $202,900 $310,900
2015 $7,565 $514,600 $193,200 $321,400
2014 $7,313 $496,100 $184,000 $312,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72988132

MLS Property Information Network (MLS PIN)

APN: READ-000021-000000-000379