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1 Susan Drive

1 Susan Drive, North Reading, MA 01864
Property in North Reading
Sold May 03, 1988
$168,000
$220,000 by Winter Hill Fsb
Mortgage Due Dec 01, 2024
1 Susan Drive has been categorized by the local assessors in North Reading, MA as a residential type of property. The building on the property was first built in 1967 and is 57 years old. The home has a total of 6 rooms. 3 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, 1 Susan Drive has 1,304 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 1,064 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 23,087 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler 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. Moving on to the building itself. The condition of the building has been evaluated as fair. 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 gable style roof made of asphalt. The exterior walls of the building are made of wood siding. In terms of heating, it is utilizing a hot water heating system and being fueled with gas. 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, 1 Susan Drive sold most recently in Jan 1, 1970 for a total of $168,000. If you work out the math, that's approximately a cost of $128.83 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 $7,029 in taxes each year. 1 Susan Drive was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $532,100. If we break it down further, the land itself was valued at $365,700. Improvements to the property, however, were assessed at a total of $166,400. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Fair
  • Construction Type: Concrete
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 1,064
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 23,087
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,304
  • Building Area: 1,304
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 1,304
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.53
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : GRAF BARRY A
  • Previous Owner : ALCORN ELEANOR
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: North Reading School District
  • School Tax School District: NO READING SD
  • Census Tract: 330101

Zoning

  • Zoning: RA

Geography

  • District: 213
  • Parcel: NREA M:053.0 B:0000 L:0073.0
  • Lot: 73.0
  • Municipality: NORTH READING
  • Latitude: 42.5824
  • Longitude: -71.0708

    Address

  • Full Address: 1 Susan Dr
  • Address - House Number: 1
  • Address - Street Name: Susan
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: North Reading
  • Carrier Code: C001
  • 4-Digit Zip Code: 2419
  • Zip Code: 01864

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $7,029

    Appraisal Valuation

  • Standard Deviation: 0.1645
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 678,724
  • High Value: 790,389
  • Low Value: 567,059

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $392,000
  • First Open Lien Mortgage Lender: WINTER HILL FSB
  • First Open Lien Mortgage Recording Date: Dec 23, 2011
  • First Open Lien Mortgage Loan Amount: $220,000
  • First Open Lien Mortgage Term: 155
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2024
  • Second Open Lien Mortgage Lender: TAYLOR BEAN & WHITAKER MORTGAG
  • Second Open Lien Mortgage Recording Date: Dec 30, 2005
  • Second Open Lien Mortgage Loan Amount: $172,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Due Date: Dec 30, 2035

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $532,100
  • Assessed Land Value: $365,700
  • Assessed Improvements Value: $166,400

    Sales

  • Current Sale Recording Date: May 03, 1988
  • Current Sale Transaction ID: 1183754118
  • Current Sale Price: $168,000
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: BEVERLY SVGS BK
  • First Mortgage Transaction Date: May 03, 1988
  • First Mortgage Loan Amount: $150,000
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: May 03, 2018

About Middlesex



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Frequently Asked Questions

What neighborhood is 1 Susan Drive located in?
The 1 Susan Drive is a located in the neighborhood of North Reading in Middlesex, North Reading.
What is the average sales price for listings in 1 Susan Drive?
The average sales price for units in 1 Susan Drive is $0 currently.

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