NOT LISTED FOR SALE

1260 Main St Reading, MA 01867

Estimated Value: $1,475,000 - $1,708,000

3 Beds
2 Baths
1,179 Sq Ft
$1,375/Sq Ft Est. Value

Last Sold September 25, 2017

Last sale price $1,050,000 $891 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $10,333/month

12 Days on Market

About This Home

As of September 2017

***ATTENTION BUILDERS/CONTRACTORS***Cape cod in need of considerable repairs and upgrade. Subdivision potential when combined with 1264 Main St., total lot size is approximately 3 Acres +-. Buyers must do their own due diligence. Sold as a package with 1264 Main St. TO BE SOLD AS A PACKAGE consisting of one legal two family dwelling (1264 Main built 1976) and one cape style single family (1260 Main built 1948). Lot sizes 101495 sq ft. & 28900 sq ft. respectively. Combined 130395 sq ft. **GREAT POTENTIAL FOR MULTI LOT SUBDIVISION** Buyers responsible for plans, approvals, permits and Title V (or connection to town sewer). Buyers to use their own due-diligence. Do not walk lot without seller agent permission. Offers if any due 11-25. Please allow 48 hours, 2 business days for seller review.

Last Listed By

Chris Barrett

Barrett, Chris. J., REALTORS® Listed on: 11/17/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,661

Year Built

  • 1948

Lot Details

  • 0.66

Utilities

  • Private Sewer

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,661

Year Built

1948

Lot Details

0

Listing Details

  • Lot Description: Wooded, Paved Drive, Additional Land Avail., Gentle Slope, Scenic View(s)
  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Cape
  • Other Agent: 2.00
  • Lead Paint: Yes
  • Year Built Description: Approximate
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1948

Interior Features

  • Has Basement: Yes
  • Fireplaces: 1
  • Number of Rooms: 6
  • Amenities: Public Transportation, Shopping, Walk/Jog Trails, Medical Facility, Conservation Area, Highway Access, Private School, Public School
  • Basement: Full, Sump Pump, Unfinished Basement
  • No Bedrooms: 3
  • Full Bathrooms: 2
  • Main Lo: B50201
  • Main So: B95141
  • Estimated Sq Ft: 1179.00

Exterior Features

  • Construction: Frame
  • Exterior: Wood
  • Foundation: Poured Concrete

Garage/Parking

  • Garage Parking: Attached
  • Garage Spaces: 1
  • Parking: Off-Street
  • Parking Spaces: 3

Utilities

  • Sewer: City/Town Sewer, Private Sewerage
  • Water: City/Town Water

Lot Info

  • Assessor Parcel Number: M:045.0-0000-0104.0
  • Zoning: S20
  • Acre: 0.66
  • Lot Size: 28900.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2015
Closed on
Sep 25, 2017
Sold by
Smith Donna L
Bought by
Veterans Way Rt and Welch
Seller's Agent
Chris Barrett
Barrett, Chris. J., REALTORS®
Buyer's Agent
Laurie Cappuccio
Classified Realty Group
List Price
$1,100,000
Sold Price
$1,050,000
Premium/Discount to List
-$50,000
-4.55%
Total Days on Market
12
Current Estimated Value
$1,620,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$570,637
Avg. Annual Appreciation
5.50%
Original Mortgage
$1,240,000
Interest Rate
3.9%
Mortgage Type
Commercial

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
Veterans Way Rt $1,050,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holm Kimberly A $1,280,000
Closed Carpenito Dean J $880,000
Closed Veterans Way Rt $1,240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2017 09/25/17 Sold $1,050,000 -4.5% $891 / Sq Ft
11/29/2015 11/29/15 Pending -- -- --
11/17/2015 11/17/15 For Sale $1,100,000 -- $933 / 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 $15,661 $1,375,000 $413,600 $961,400
2024 $15,799 $1,348,000 $405,500 $942,500
2023 $14,262 $1,132,800 $361,700 $771,100
2022 $13,542 $1,015,900 $324,400 $691,500
2021 $13,581 $983,400 $281,700 $701,700
2020 $13,144 $942,200 $269,900 $672,300
2019 $3,656 $256,900 $256,900 $0
2018 $5,637 $406,400 $267,800 $138,600
2017 $5,354 $381,600 $251,500 $130,100
2016 $5,429 $374,400 $248,900 $125,500
2015 $5,241 $356,500 $237,000 $119,500
2014 $5,004 $339,500 $225,700 $113,800
Source: Public Records

Agents Affiliated with this Home

  • Chris Barrett

    Seller's Agent in 2017

    Chris Barrett

    Barrett, Chris. J., REALTORS®

    (800) 240-5011

    3 in this area

    95 Total Sales

    Chris Barrett
    Section Image
  • Laurie Cappuccio

    Buyer's Agent in 2017

    Laurie Cappuccio

    Classified Realty Group

    (978) 766-7163

    17 in this area

    81 Total Sales

    Laurie Cappuccio
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71933779

MLS Property Information Network (MLS PIN)

APN: READ-000045-000000-000104

Massachusetts Middlesex County Reading 01867

1260 Main St, Reading, MA

Homes for Sale in Reading, MA

This home is located at 1260 Main St, Reading, MA 01867 since 17 November 2015 and is currently estimated at $1,620,637, approximately $1,374 per square foot. This property was built in 1948. 1260 Main St is a home located in Middlesex County with nearby schools including Wood End Elementary School, Arthur W. Coolidge Middle School, and Reading Memorial High School.

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