Seller's Agent in 2025
Nick Motsis
Lamacchia Realty, Inc.
(978) 420-7378
1 in this area
100 Total Sales
81 Elm St North Reading, MA 01864
Estimated Value: $650,000 - $739,000
3
Beds
1.5
Baths
1,512
Sq Ft
$455/Sq Ft
Est. Value
Highlights
- Wooded Lot
- Ranch Style House
- No HOA
- Batchelder School Rated A
- Wood Flooring
- Enclosed Patio or Porch
About This Home
As of June 2025Welcome to this charming ranch in the hearth of North Reading! This lovingly well maintained home is brimming with original character and timeless charm. This delightful home offers a warm and inviting layout, featuring a cozy wood-burning fireplace, perfect for chilly New England evenings. Step through the front door and enjoy the spacious enclosed front porch, a perfect spot to relax with your morning coffee or unwind at the end of the day. Inside, you’ll find beautiful hardwood floors hiding beneath the carpets, just waiting to be revealed and restored to their full glory. Downstairs, the retro-style finished basement is a true gem — ideal for a game room, home bar, or creative hangout space. Set on a wooded lot with a backyard shed for extra storage, this home offers privacy, tranquility, and room to enjoy the outdoors. Whether you’re a first-time buyer, downsizer, or someone looking to add personal touches to a classic home, this one checks all the boxes!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,748
Year Built
- Built in 1957
Lot Details
- 0.5 Acre Lot
- Wooded Lot
- Property is zoned RA
Parking
- 3 Car Parking Spaces
Home Design
- Ranch Style House
- Block Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- Living Room with Fireplace
- Partially Finished Basement
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Wall to Wall Carpet
- Laminate
Bedrooms and Bathrooms
- 3 Bedrooms
Outdoor Features
- Enclosed Patio or Porch
Schools
- NRMS Middle School
- NRHS High School
Utilities
- Window Unit Cooling System
- Heating System Uses Oil
- Pellet Stove burns compressed wood to generate heat
- Baseboard Heating
- Water Heater
- Private Sewer
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number M:078.0 B:0000 L:0081.0,721611
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 7, 2025
Closed on
Jun 18, 2025
Sold by
Thibodeau Joanna E Est and Sierra
Bought by
Lessard Derek R and Lessard Ronald L
Seller's Agent
Nick Motsis
Lamacchia Realty, Inc.
Buyer's Agent
Janice Sullivan
LAER Realty Partners
List Price
$649,900
Sold Price
$665,000
Premium/Discount to List
$15,100
2.32%
Views
44
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,292
Avg. Annual Appreciation
11.62%
Original Mortgage
$399,000
Outstanding Balance
$397,966
Interest Rate
6.76%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$289,326
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lessard Derek R | $665,000 | None Available | |
| Lessard Derek R | $665,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lessard Derek R | $399,000 | |
| Closed | Lessard Derek R | $399,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/18/2025 06/18/25 | Sold | $665,000 | +2.3% | $440 / Sq Ft |
| 05/11/2025 05/11/25 | Pending | -- | -- | -- |
| 05/07/2025 05/07/25 | For Sale | $649,900 | -- | $430 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $7,748 | $593,300 | $381,800 | $211,500 |
| 2024 | $7,550 | $571,500 | $360,000 | $211,500 |
| 2023 | $7,019 | $501,700 | $330,600 | $171,100 |
| 2022 | $6,957 | $463,800 | $300,800 | $163,000 |
| 2021 | $6,611 | $423,000 | $274,500 | $148,500 |
Source: Public Records
Agents Affiliated with this Home
-
Nick Motsis
-
Janice Sullivan
Buyer's Agent in 2025
Janice Sullivan
Laer Realty
(978) 664-9700
50 in this area
105 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73371023
APN: NREA-000078-000000-000081
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