1 Franklin Terrace Reading, MA 01867
Estimated Value: $888,871 - $961,000
4
Beds
2
Baths
2,220
Sq Ft
$415/Sq Ft
Est. Value
Highlights
- Deck
- Wood Flooring
- Storage Shed
- Wood End Elementary School Rated A-
- Forced Air Heating and Cooling System
About This Home
As of November 2020Tucked away at the end of a cul-de-sac lies one very special home. Beloved by the same owner for nearly 5 decades, now is your chance to call this story book cape yours. As you enter, you’re immediately greeted by freshly refinished original hardwood floors, neutral colors, & custom built-ins around every corner. The EIK kitchen is bright & spacious offering plenty of cabinets & storage with dedicated dining room to host upcoming holidays. Take note of the ornate detail around wood burning fireplace which takes center stage in the living room. Bonus family room offers more room to relax with 2nd fireplace & slider to deck. 4 spacious bedrooms, room to expand ½ bath, 1st floor laundry, & walk out finished basement offers all the space you need. Want more? How about an attached garage, central air, & nearly ½ acre of privacy. Turn key with room to build an incredible amount of equity. 12 miles from Boston, strong sense of community & a wonderful place to call home. Welcome to Reading!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,143
Year Built
- Built in 1950
Lot Details
- 0.43
Parking
- 1 Car Garage
Kitchen
- Range
- Microwave
- Dishwasher
Flooring
- Wood
- Wall to Wall Carpet
- Tile
Outdoor Features
- Deck
- Storage Shed
Schools
- RMHS High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Oil
- Water Holding Tank
Additional Features
- Window Screens
- Property is zoned S20
- Basement
Listing and Financial Details
- Assessor Parcel Number M:038.0-0000-0105.0
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 23, 2020
Closed on
Oct 16, 2020
Sold by
Poor Warren R Jr Est and Poor
Bought by
Bozec Jennifer and Bozec Frederic
Seller's Agent
Susan Gormady
Classified Realty Group
Buyer's Agent
Ryan Mirisola
Lamacchia Realty, Inc.
List Price
$575,000
Sold Price
$654,500
Premium/Discount to List
$79,500
13.83%
Total Days on Market
5
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$267,718
Avg. Annual Appreciation
7.39%
Original Mortgage
$584,100
Outstanding Balance
$524,487
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$376,961
Purchase Details
Closed on
Aug 8, 1975
Bought by
Poor Warren R and Poor Carolyn I
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Similar Homes in Reading, MA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bozec Jennifer | $654,500 | None Available | |
| Poor Warren R | $47,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bozec Jennifer | $299,100 | |
| Open | Bozec Jennifer | $584,100 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/16/2020 11/16/20 | Sold | $654,500 | +13.8% | $295 / Sq Ft |
| 07/28/2020 07/28/20 | Pending | -- | -- | -- |
| 07/23/2020 07/23/20 | For Sale | $575,000 | -- | $259 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $9,143 | $802,700 | $464,700 | $338,000 |
| 2024 | $9,037 | $771,100 | $446,400 | $324,700 |
| 2023 | $8,754 | $695,300 | $402,500 | $292,800 |
| 2022 | $8,426 | $632,100 | $365,900 | $266,200 |
| 2021 | $7,898 | $571,900 | $350,600 | $221,300 |
| 2020 | $7,593 | $544,300 | $333,700 | $210,600 |
| 2019 | $7,377 | $518,400 | $317,800 | $200,600 |
| 2018 | $6,781 | $488,900 | $299,700 | $189,200 |
| 2017 | $6,472 | $461,300 | $282,800 | $178,500 |
| 2016 | $6,205 | $427,900 | $253,400 | $174,500 |
| 2015 | $5,812 | $395,400 | $234,100 | $161,300 |
| 2014 | $5,632 | $382,100 | $226,200 | $155,900 |
Source: Public Records
Agents Affiliated with this Home
-
Susan Gormady
Seller's Agent in 2020
Susan Gormady
Classified Realty Group
(617) 212-6301
96 in this area
236 Total Sales
-
Ryan Mirisola
Buyer's Agent in 2020
Ryan Mirisola
Lamacchia Realty, Inc.
(617) 775-3431
1 in this area
88 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72696805
APN: READ-000038-000000-000105
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