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1177 Read Street

1177 Read Street, Somerset, MA 02726
Property in Somerset
Sold Aug 30, 2000
$141,500
$125,000 by Us Bank Na
Mortgage Due Mar 01, 2042
Sold Jun 18, 1996
$125,900
Seller
$125,409 by Chase Manhattan Mtg
Mortgage
1177 Read Street has been categorized by the local assessors in Somerset, MA as a residential type of property. The building on the property was first built in 1938 and is 86 years old. The home has a total of 8 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1177 Read Street has 1,732 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a full basement that is 908 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 7,405 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a colonial style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. According to our sources, there is one available parking space. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with concrete control joints. The building has a gambrel style roof made of asphalt. The exterior walls of the building are made of alum/vinyl siding. In terms of heating, it is utilizing a hot water heating system and being fueled with gas. The property was last sold in Jan 1, 1970 for $141,500. That's $81.70 per sqft. Prior to that sales transaction, the property was also sold in Jan 1, 1970 for $125,900. 1177 Read Street was last assessed in 2023. The total value of the property was assessed at $341,000. Specifically, the land the property is located on was valued at $140,800. While improvements on the property were assessed at a total of $200,200. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $4,324. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1938
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Concrete
  • Building Style: Colonial
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gambrel
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 908
  • Garage Type: Attached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,405
  • Total Building Area: 1,732
  • Gross Building Area: 2,640
  • Building Area: 1,732
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 1,732
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OUTLOOK PK SOMERSET
  • Land Acres: 0.17
  • Standard Land Use Code: Duplex (2 units, any combination)

Ownership

  • Current Owner : JOYCE CLEMENT
  • Previous Owner : VIEIRA DONALD
  • Owner Before Previous Owner: FHLMC

Neighborhood

  • School District Name: Somerset-Berkley School District
  • School Tax School District: SOMERSET SD
  • School Tax District Code 2: SOMERSET BERKLY
  • Census Tract: 644200

Zoning

  • Zoning: R2

Geography

  • Parcel: SOME M:0B6 L:0202
  • Lot: 202
  • Municipality: SOMERSET
  • Latitude: 41.7378
  • Longitude: -71.1736

    Address

  • Full Address: 1177 Read St
  • Address - House Number: 1177
  • Address - Street Name: Read
  • Address - Suffix Type: St
  • State: MA
  • City Name: Somerset
  • Carrier Code: C055
  • 4-Digit Zip Code: 2439
  • Zip Code: 02726

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,324

    Appraisal Valuation

  • Standard Deviation: 0.1734
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 444,374
  • High Value: 521,455
  • Low Value: 367,294

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $125,000
  • First Open Lien Mortgage Lender: US BANK NA
  • First Open Lien Mortgage Recording Date: Mar 13, 2012
  • First Open Lien Mortgage Loan Amount: $125,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2042

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $341,000
  • Assessed Land Value: $140,800
  • Assessed Improvements Value: $200,200

    Sales

  • Current Sale Recording Date: Aug 30, 2000
  • Current Sale Transaction ID: 1148187543
  • Current Sale Price: $141,500
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Jun 18, 1996
  • Previous Sale Amount: $125,900
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST EASTERN MTG CO
  • First Mortgage Transaction Date: Aug 30, 2000
  • First Mortgage Loan Amount: $134,400
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: CHASE MANHATTAN MTG
  • Previous Mortgage Transaction Date: Jun 18, 1996
  • Previous Mortgage Loan Amount: $125,409
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Somerset



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Frequently Asked Questions

What neighborhood is 1177 Read Street located in?
The 1177 Read Street is a located in the neighborhood of Somerset in Somerset, Somerset.
What is the average sales price for listings in 1177 Read Street?
The average sales price for units in 1177 Read Street is $0 currently.

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