NOT LISTED FOR SALE

1 Heritage Dr Reading, MA 01867

Estimated Value: $967,000 - $2,139,000

4 Beds
3.5 Baths
3,800 Sq Ft
$456/Sq Ft Est. Value

Last Sold June 30, 2022

Last sale price $1,580,000 $416 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $10,603/month

21 Days on Market

Highlights

  • Farmhouse Style Home
  • 1 Fireplace
  • Porch
  • J. Warren Killam Elementary School Rated A-
  • Corner Lot
  • 2 Car Attached Garage

About This Home

As of June 2022

NEW CONSTRUCTION 4 bedroom, 3 and 1/2 bathroom Modern Farmhouse. The Kitchen will feature Floor to Ceiling Cabinetry, Quartz Countertops and a Thermador Appliance Package. The open concept first floor also includes a Living Room with Gas Fireplace, Dining Room, Powder Room, and Mudroom leading to a Two Car Garage. Master Suite on the second floor with Walk-In Closet and Master Bath. You'll also find Three Spacious Bedrooms, a Main Bathroom, Office Space and Laundry. Third floor will feature a large open space perfect for a TV/Playroom and/or Fifth Bedroom. Fine Millwork, carefully selected Light Fixtures and Nest Thermostats throughout this beautiful home.

Last Agent to Sell the Property

John Burns

John T Burns Listed on: 05/03/2022

Last Buyer's Agent

Denise Price

Berkshire Hathaway HomeServices Commonwealth Real Estate

Berkshire Hathaway HomeServices Commonwealth Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,404

Year Built

  • Built in 2022

Lot Details

  • 10,000 Sq Ft Lot
  • Corner Lot
  • Property is zoned S20

Parking

  • 2 Car Attached Garage
  • Off-Street Parking

Home Design

  • Farmhouse Style Home
  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,800 Sq Ft Home
  • 1 Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • 2 Cooling Zones
  • 2 Heating Zones
  • Heating System Uses Propane
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number M:029.000000055.0,735298

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,404

Year Built

Built in 2022

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Farmhouse
  • Year Built: 2022
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: NewHome

Interior Features

  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Electric Water Heater
  • Total Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Living Area: 3800
  • MAIN LO: NB2706
  • MAIN SO: AN6527

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Attached Garage YN: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Parking Features: Attached, Off Street
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Propane
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 2
  • COOLING ZONES: 2

Lot Info

  • Parcel Number: M:029.000000055.0,735298
  • Zoning: S20
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.23
  • Lot Size Sq Ft: 10000
  • Lot Size Units: Acres
  • Property Attached YN: No

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6404

Multi Family

  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 25, 2023
Sold by
Gallant Paul L and Gallant Cindy A
Bought by
Gallant Ft and Gallant
Current Estimated Value
$1,733,251

Purchase Details

Listed on
May 3, 2022
Closed on
Jun 30, 2022
Sold by
1 Heritage Drive Llc
Bought by
Gallant Paul L and Gallant Cindy A
Seller's Agent
John Burns
John T Burns
Buyer's Agent
Denise Price
Berkshire Hathaway HomeServices Commonwealth Real Estate
List Price
$1,499,000
Sold Price
$1,580,000
Premium/Discount to List
$81,000
5.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.68%
Original Mortgage
$1,264,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jul 21, 2021
Closed on
Aug 25, 2021
Sold by
Rogers Elizabeth C
Bought by
2 Heritage Drive Llc
Seller's Agent
Mark Kiklis
Kiklis Real Estate, LLC
Buyer's Agent
John Burns
John T Burns
List Price
$489,995
Sold Price
$510,000
Premium/Discount to List
$20,005
4.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
278.22%
Original Mortgage
$1,048,000
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gallant Ft -- None Available
Gallant Paul L $1,580,000 None Available
2 Heritage Drive Llc $510,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gallant Paul L $1,264,000
Previous Owner 2 Heritage Drive Llc $1,048,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/30/2022 06/30/22 Sold $1,580,000 +5.4% $416 / Sq Ft
05/25/2022 05/25/22 Pending -- -- --
05/03/2022 05/03/22 For Sale $1,499,000 +193.9% $394 / Sq Ft
08/25/2021 08/25/21 Sold $510,000 +4.1% $439 / Sq Ft View Prior Sale
07/28/2021 07/28/21 Pending -- -- --
07/21/2021 07/21/21 For Sale $489,995 -- $422 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

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 $18,248 $1,602,100 $378,200 $1,223,900
2024 $17,704 $1,510,600 $356,600 $1,154,000
2023 $18,820 $1,494,800 $330,200 $1,164,600
2022 $6,404 $480,400 $300,100 $180,300
2021 $6,000 $434,500 $269,500 $165,000
2020 $5,766 $413,300 $256,300 $157,000
2019 $5,701 $400,600 $248,400 $152,200
2018 $5,243 $378,000 $234,400 $143,600
2017 $4,957 $353,300 $219,100 $134,200
2016 $5,005 $345,200 $216,800 $128,400
2015 $4,833 $328,800 $206,500 $122,300
2014 $4,615 $313,100 $196,600 $116,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72975359

MLS Property Information Network (MLS PIN)

APN: READ-000029-000000-000055