NOT LISTED FOR SALE

1260 Main St Reading, MA 01867

Estimated Value: $1,488,000 - $1,794,000

3 Beds
2 Baths
1,179 Sq Ft
$1,417/Sq Ft Est. Value

Last Sold September 25, 2017

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

Est. 59% increase in value since last sale

Current estimated payment $10,535/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 Agent to Sell the Property

Chris Barrett

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

Last Buyer's Agent

Laurie Cappuccio

Classified Realty Group

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%
Current Estimated Value
$1,671,151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$621,151
Avg. Annual Appreciation
5.33%
Original Mortgage
$1,240,000
Interest Rate
3.9%
Mortgage Type
Commercial
Source: Public Records

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

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71933779

MLS Property Information Network (MLS PIN)

APN: READ-000045-000000-000104