NOT LISTED FOR SALE

111 Red Gate Ln Reading, MA 01867

Estimated Value: $1,256,000 - $1,286,000

4 Beds
3 Baths
2,614 Sq Ft
$486/Sq Ft Est. Value

Last Sold June 07, 2017

Last sale price $802,000 $307 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $8,136/month

6 Days on Market

About This Home

As of June 2017

Gracious New York style colonial in most sought-after neighborhood on Reading's West Side. Get to Joshua Eaton without crossing a street. Huge lot, nearly one acre - rare for Reading. Gaze on your own woods from eat-in kitchen, family room, and screen porch. Front rooms include stately fireplace and formal dining. Upstairs, four generous bedrooms and two full baths. Oak floors, ample closets throughout. On the lower level, finished space can serve as game room and office. Tons of storage in the rest of lower level and in full attic. Washer/dryer on first floor. An inground pool in need of some attention overlooks several acres of conservation land. Two-car attached garage. A great blend of charm, space and privacy! Convenient to commuter rail; easy access to Rt 128 or 93. A must-see!

Last Listed By

Mary Ann Quinn

Wilson Wolfe Real Estate Listed on: 04/26/2017

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,158

Year Built

1975

Lot Details

0

Listing Details

  • Lot Description: Wooded, Paved Drive
  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Colonial
  • Other Agent: 2.00
  • Lead Paint: Unknown
  • Year Built Description: Actual
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1975

Interior Features

  • Has Basement: Yes
  • Fireplaces: 2
  • Primary Bathroom: Yes
  • Number of Rooms: 8
  • Electric: Circuit Breakers
  • Energy: Insulated Windows, Storm Windows, Storm Doors
  • Basement: Full, Partially Finished, Interior Access, Bulkhead, Concrete Floor
  • Bedroom 2: Second Floor, 13X12
  • Bedroom 3: Second Floor, 10X14
  • Bedroom 4: Second Floor, 16X12
  • Bathroom #1: First Floor
  • Bathroom #2: Second Floor
  • Bathroom #3: Second Floor
  • Kitchen: First Floor, 16X13
  • Living Room: First Floor, 19X11
  • Master Bedroom: Second Floor, 12X25
  • Master Bedroom Description: Bathroom - Full, Closet, Flooring - Hardwood
  • Dining Room: First Floor, 12X13
  • Family Room: First Floor, 19X13
  • No Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Oth1 Room Name: Office
  • Oth1 Dimen: 10X14
  • Oth2 Room Name: Game Room
  • Oth2 Dimen: 22X11
  • Oth2 Dscrp: Flooring - Wall to Wall Carpet
  • Main Lo: B95198
  • Main So: B95198
  • Estimated Sq Ft: 2614.00

Exterior Features

  • Construction: Frame
  • Exterior: Clapboard, Wood
  • Exterior Features: Porch, Porch - Screened, Pool - Inground, Gutters, Sprinkler System, Fenced Yard
  • Foundation: Poured Concrete

Garage/Parking

  • Garage Parking: Attached, Garage Door Opener
  • Garage Spaces: 2
  • Parking Spaces: 4

Utilities

  • Utility Connections: for Electric Dryer
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Schools

  • Elementary School: Call Suptoffice
  • Middle School: Call Suptoffice
  • High School: Rmhs

Lot Info

  • Zoning: S15
  • Acre: 0.99
  • Lot Size: 43316.00

Multi Family

  • Foundation: 38 x 28
  • Sq Ft Incl Bsmt: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2017
Closed on
Jun 7, 2017
Sold by
Doyle William J and Doyle Anne B
Bought by
Palasek Joseph T and Palasek Jessie A
Seller's Agent
Mary Ann Quinn
Wilson Wolfe Real Estate
Buyer's Agent
Margaret O'Sullivan
William Raveis R.E. & Home Services
List Price
$749,900
Sold Price
$802,000
Premium/Discount to List
$52,100
6.95%
Total Days on Market
6
Current Estimated Value
$1,269,627

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$467,627
Avg. Annual Appreciation
6.06%
Original Mortgage
$522,000
Outstanding Balance
$439,475
Interest Rate
4.03%
Mortgage Type
New Conventional
Estimated Equity
$838,946

Purchase Details

Closed on
Jun 17, 1992
Sold by
Fitzgerald Paul H and Fitzgerald Margaret
Bought by
Doyle William J and Doyle Anne B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
8.67%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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Average Value
Not Available
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
Palasek Joseph T $802,000 --
Doyle William J $289,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palasek Joseph T $522,000
Previous Owner Fitzgerald Paul H $195,000
Previous Owner Doyle William J $200,000
Previous Owner Fitzgerald Paul H $52,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2017 06/07/17 Sold $802,000 +6.9% $307 / Sq Ft
05/02/2017 05/02/17 Pending -- -- --
04/26/2017 04/26/17 For Sale $749,900 -- $287 / 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 $13,158 $1,155,200 $660,700 $494,500
2024 $13,319 $1,136,400 $650,000 $486,400
2023 $12,533 $995,500 $569,400 $426,100
2022 $12,421 $931,800 $537,200 $394,600
2021 $11,921 $863,200 $491,500 $371,700
2020 $5,321 $820,700 $467,300 $353,400
2019 $10,974 $771,200 $439,100 $332,100
2018 $5,264 $720,800 $410,900 $309,900
2017 $5,051 $706,800 $402,900 $303,900
2016 $10,314 $711,300 $397,700 $313,600
2015 $9,509 $646,900 $361,500 $285,400
2014 $9,535 $646,900 $361,500 $285,400
Source: Public Records

Agents Affiliated with this Home

  • Mary Ann Quinn

    Seller's Agent in 2017

    Mary Ann Quinn

    Wilson Wolfe Real Estate

    (617) 710-6852

    75 in this area

    116 Total Sales

    Mary Ann Quinn
    Section Image
  • Margaret O'Sullivan

    Buyer's Agent in 2017

    Margaret O'Sullivan

    William Raveis R.E. & Home Services

    (781) 439-2566

    42 in this area

    91 Total Sales

    Margaret O'Sullivan
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72153559

MLS Property Information Network (MLS PIN)

APN: READ-000007-000000-000289

Massachusetts Middlesex County Reading 01867

111 Red Gate Ln, Reading, MA

Homes for Sale in Reading, MA

This home is located at 111 Red Gate Ln, Reading, MA 01867 since 26 April 2017 and is currently estimated at $1,269,627, approximately $485 per square foot. This property was built in 1975. 111 Red Gate Ln is a home located in Middlesex County with nearby schools including Joshua Eaton Elementary School, Walter S. Parker Middle School, and Reading Memorial High School.

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