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7 Norman Road

7 Norman Road, Reading, MA 01867
Property in Reading
Sold Jan 13, 1995
$105,000
7 Norman Road has been categorized by the local assessors in Reading, MA as a residential type of property. The building on the property was first built in 1920 and is 104 years old. However, we must point out that the home was most recently renovated and altered in 1950. The home has a total of 5 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 7 Norman Road has 747 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 10,001 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a log cabin/rustic 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. Love to swim? You'll be excited to find out that there is a pool on the property. 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 frame control joints. The building has a gable style roof made of asphalt. The exterior walls of the building are made of wood siding. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with oil. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 7 Norman Road sold most recently in Jan 1, 1970 for a total of $105,000. If you work out the math, that's approximately a cost of $140.56 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $5,817 in taxes each year. 7 Norman Road was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $496,300. If we break it down further, the land itself was valued at $371,700. Improvements to the property, however, were assessed at a total of $124,600. The property's total assessed value has been marked as more than the total market value which is pretty atypical. 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!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Parking

Off Street Parking

Condition

Wooded Lot
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Log cabin/Rustic
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 747
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 10,001
  • Total Building Area: 747
  • Gross Building Area: 1,938
  • Building Area: 747
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 747
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.23
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : REID DOUGLAS E
  • Current Owner 2: REID TERESA L
  • Previous Owner : VECCHIONE THERESA A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Reading School District
  • School Tax School District: READING SD
  • Census Tract: 334400

Zoning

  • Zoning: S15

Geography

  • Account Number: 790000001
  • Parcel: READ M:023.0-0000-0049.0
  • Municipality: READING
  • Latitude: 42.5242
  • Longitude: -71.0879

    Address

  • Full Address: 7 Norman Rd
  • Address - House Number: 7
  • Address - Street Name: Norman
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Reading
  • Carrier Code: C002
  • 4-Digit Zip Code: 2714
  • Zip Code: 01867

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $5,817

    Appraisal Valuation

  • Standard Deviation: 0.181
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 557,364
  • High Value: 658,297
  • Low Value: 456,432

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $496,300
  • Assessed Land Value: $371,700
  • Assessed Improvements Value: $124,600

    Sales

  • Current Sale Recording Date: Jan 13, 1995
  • Current Sale Transaction ID: 1183759026
  • Current Sale Price: $105,000
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: SALEM FNCL MTG CORP
  • First Mortgage Transaction Date: Jan 13, 1995
  • First Mortgage Loan Amount: $102,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

About Reading



Similar Buildings

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Frequently Asked Questions

What neighborhood is 7 Norman Road located in?
The 7 Norman Road is a located in the neighborhood of Reading in Reading, Reading.
What is the average sales price for listings in 7 Norman Road?
The average sales price for units in 7 Norman Road is $0 currently.

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