NOT LISTED FOR SALE

111 Red Gate Ln Reading, MA 01867

Estimated Value: $1,264,000 - $1,290,558

4 Beds
3 Baths
2,614 Sq Ft
$488/Sq Ft Est. Value

Last Sold June 07, 2017

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

Est. 59% increase in value since last sale

Current estimated payment $8,174/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 Agent to Sell the Property

Mary Ann Quinn

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

Last Buyer's Agent

Margaret O'Sullivan

William Raveis R.E. & Home Services

William Raveis R.E. & Home Services

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
$1,275,390

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$473,390
Avg. Annual Appreciation
5.95%
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
Source: Public Records

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Range of Values:

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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

    74 in this area

    115 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

    41 in this area

    92 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

This home is located at 111 Red Gate Ln, Reading, MA 01867 since 26 April 2017 and is currently estimated at $1,275,390, approximately $487 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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