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284 Lowell Street

284 Lowell Street, Reading, MA 01867
Property in Reading
Sold Nov 10, 2021
$545,000
$517,750 by Bank Of America Na
Mortgage Due Nov 10, 2051
Sold Sep 15, 2017
$375,000
$363,750 by First Priority Cu
Mortgage Due Sep 15, 2047
Local assessors in Reading, MA have categorized 284 Lowell Street as a residential type of property. The home was built in 1936 and is 88 years old. It was most recently renovated and altered in 1960. The property's lot size has been calculated to be 8,908 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a colonial style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 284 Lowell Street has a total of 1,456 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a full basement that is 728 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a hip style roof that was made of asphalt. Lots of wood siding were used in the construction of the exterior walls of the home. The home's a hot water heating system is the primary heating source and it is being fueled with oil. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Nov 10, 2021 for $545,000. That's $374.31 per sqft. Prior to that sales transaction, the property was also sold in Jan 1, 1970 for $375,000. 284 Lowell Street was last assessed in 2024. The total value of the property was assessed at $649,400. Specifically, the land the property is located on was valued at $396,400. While improvements on the property were assessed at a total of $253,000. 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 $7,611. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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.

Building Features

Parking

Attached Garage
Off Street Parking

Facilities

Storage Available
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1936
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Colonial
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Hip
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 728
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,908
  • Total Building Area: 1,456
  • Gross Building Area: 3,034
  • Building Area: 1,456
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 1,456
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.204
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : ODIAH KATHIEYA I
  • Current Owner 2: BELL MICHAEL
  • Previous Owner : CORRENTE NICHOLAS J
  • Owner Before Previous Owner: SPENGLER LISA M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Maynard School District
  • School Tax School District: READING SD
  • Census Tract: 334200

Zoning

  • Zoning: S15

Geography

  • Account Number: 990000000
  • Parcel: READ M:026.0-0000-0033.0
  • Municipality: READING
  • Latitude: 42.5315
  • Longitude: -71.1189

    Address

  • Full Address: 284 Lowell St
  • Address - House Number: 284
  • Address - Street Name: Lowell
  • Address - Suffix Type: St
  • State: MA
  • City Name: Reading
  • Carrier Code: C008
  • 4-Digit Zip Code: 2054
  • Zip Code: 01867

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $7,611

    Appraisal Valuation

  • Standard Deviation: 0.1645
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 739,134
  • High Value: 860,738
  • Low Value: 617,530

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $517,750
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Nov 10, 2021
  • First Open Lien Mortgage Loan Amount: $517,750
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Nov 10, 2051

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $649,400
  • Assessed Land Value: $396,400
  • Assessed Improvements Value: $253,000

    Sales

  • Current Sale Contract Date: Nov 10, 2021
  • Current Sale Recording Date: Nov 10, 2021
  • Current Sale Transaction ID: 11866398176
  • Current Sale Price: $545,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 246582
  • Previous Sale Recording Date: Sep 15, 2017
  • Previous Sale Amount: $375,000
  • Previous Sale Document Type: Quit Claim Deed (arm's length)

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Nov 10, 2021
  • First Mortgage Loan Amount: $517,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: FIRST PRIORITY CU
  • Previous Mortgage Transaction Date: Sep 15, 2017
  • Previous Mortgage Loan Amount: $363,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 15, 2047

About Reading



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Frequently Asked Questions

What neighborhood is 284 Lowell Street located in?
The 284 Lowell Street is a located in the neighborhood of Reading in Reading, Reading.
What is the average sales price for listings in 284 Lowell Street?
The average sales price for units in 284 Lowell Street is $0 currently.

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