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731 Read Street

731 Read Street, Somerset, MA 02726
Property in Somerset
Sold Jun 04, 2021
$250,000
$200,000 by Fall River Five Cents Savings
Mortgage Due Jun 04, 2051
731 Read Street in Somerset, MA was first built in 1942 and is 82 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a Cape Cod style. There are a total of 2 floors. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 731 Read Street has 1,285 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 734 sqft and has been categorized as a full basement. In total, the area measurement of the land is 6,534 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of asphalt. For those who need parking, there is a attached garage. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with concrete control joints. The condition of the building has been evaluated as average. The exterior walls of the home are made of alum/vinyl siding. As for heating, the home is utilizing a hot water heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Jun 4, 2021 for $250,000. That's $194.55 per sqft. 731 Read Street was last assessed in 2023. The total value of the property was assessed at $319,200. Specifically, the land the property is located on was valued at $139,900. While improvements on the property were assessed at a total of $179,300. 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 $4,047. The initial tax year of delinquency was in 2023. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. 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: 1942
  • Effective Year Built: 1942
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Concrete
  • Building Style: Cape Cod
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 734
  • Garage Type: Attached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,534
  • Total Building Area: 1,285
  • Gross Building Area: 1,835
  • Building Area: 1,285
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 1,285
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.15
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : WHITE KENNETH M
  • Previous Owner : WHITE KENNETH M
  • Previous Owner 2: MEDEIROS KIMBERLY A
  • Is Owner Occupied: Owner-occupied property

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: R1

Geography

  • Parcel: SOME M:0B6 L:0119
  • Lot: 119
  • Municipality: SOMERSET
  • Latitude: 41.7363
  • Longitude: -71.1662

    Address

  • Full Address: 731 Read St
  • Address - House Number: 731
  • Address - Street Name: Read
  • Address - Suffix Type: St
  • State: MA
  • City Name: Somerset
  • Carrier Code: C064
  • 4-Digit Zip Code: 2436
  • Zip Code: 02726

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,047
  • Intital Tax Deliquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 406,085
  • High Value: 473,931
  • Low Value: 338,239

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $270,000
  • First Open Lien Mortgage Lender: FALL RIVER FIVE CENTS SAVINGS
  • First Open Lien Mortgage Recording Date: Jun 04, 2021
  • First Open Lien Mortgage Loan Amount: $200,000
  • 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: Jun 04, 2051
  • Second Open Lien Mortgage Lender: ST ANNE CU
  • Second Open Lien Mortgage Recording Date: Jul 19, 2023
  • Second Open Lien Mortgage Loan Amount: $70,000
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: 2nd Mortgage made to cover Down Payment
  • Second Open Lien Mortgage Loan Due Date: Aug 01, 2038

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $319,200
  • Assessed Land Value: $139,900
  • Assessed Improvements Value: $179,300

    Sales

  • Current Sale Contract Date: Jun 04, 2021
  • Current Sale Recording Date: Jun 04, 2021
  • Current Sale Transaction ID: 11838018859
  • Current Sale Price: $250,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 12948

    Last Sale Mortgage

  • First Mortgage Lender: FALL RIVER FIVE CENTS SAVINGS
  • First Mortgage Transaction Date: Jun 04, 2021
  • First Mortgage Loan Amount: $200,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

About Somerset



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Frequently Asked Questions

What neighborhood is 731 Read Street located in?
The 731 Read Street is a located in the neighborhood of Somerset in Somerset, Somerset.
What is the average sales price for listings in 731 Read Street?
The average sales price for units in 731 Read Street is $0 currently.

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