NOT LISTED FOR SALE

14 Grove St Reading, MA 01867

Estimated Value: $872,000 - $982,000

5 Beds
3 Baths
3,003 Sq Ft
$302/Sq Ft Est. Value

Last Sold October 02, 2015

Last sale price $505,000 $168 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $5,762/month

86 Days on Market

About This Home

As of October 2015

Fabulous opportunity to Invest or Owner Occupy! This terrific multi family offers 1st and 2nd floor 2 bedrooms apartments each with an office and enclosed porch. Connected to the 2nd floor unit for. Townhouse style (with a separate entrance), the 3 floor is a large 3 room studio in-law with raised ceiling and full bath. Perfect for extended family looking for both rental income & extended living space. Large Garage for vehicle, workshop & storage. Near to park, school, 1 mile to depot, close to commuter and vacation routes. Just like the City of Reading, this large home has much to offer! Owner occupy and income affords your investment. As an investor, you will like the numbers! Schedule your tour today!

Last Listed By

Tish Lentine

Keller Williams Realty Evolution Listed on: 06/08/2015

Keller Williams Realty Evolution

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,758

Year Built

1848

Lot Details

0

Listing Details

  • Lot Description: Paved Drive, Easements, Sloping, Other (See Remarks)
  • Other Agent: 2.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1848

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 10
  • Amenities: Public Transportation, Shopping, Park, Highway Access, House of Worship, Private School, Public School
  • Electric: Circuit Breakers
  • Energy: Insulated Windows
  • Flooring: Wood, Tile, Wall to Wall Carpet
  • Basement: Full

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame, Conventional (2x4-2x6)
  • Exterior: Wood
  • Exterior Features: Porch - Enclosed, Deck - Wood, Screens
  • Foundation: Fieldstone

Garage/Parking

  • Garage Spaces: 1
  • Parking: Off-Street
  • Parking Spaces: 6

Utilities

  • Heat Zones: 3
  • Utility Connections: for Electric Range, for Electric Oven, for Electric Dryer
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 2

Schools

  • Elementary School: Birch Meadow
  • Middle School: Coolidge Middle
  • High School: Reading Mem

Lot Info

  • Assessor Parcel Number: M:026.0-0000-0181.0
  • Zoning: S15

Multi Family

  • APOD Available: Yes
  • Foundation: 42x26
  • Heat Units: 2
  • Total Bedrooms: 5
  • Total Floors: 3
  • Total Full Baths: 3
  • Total Levels: 3
  • Total Rms: 12
  • Total Rent_1: 3250

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2011
Sold by
Smith Stephen R
Bought by
Smith Stephen R and Smith Sarah
Total Days on Market
86
Current Estimated Value
$907,474

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,800
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 12, 2005
Sold by
Smith Christopher J
Bought by
Smith Stephen R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 23, 1999
Sold by
Barrows John A and Barrows Lynda M
Bought by
Smith Christopher J and Smith Stephen R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,600
Interest Rate
7.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 26, 1993
Sold by
Barrett David H
Bought by
Barrows John A and Barrows Lynda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,100
Interest Rate
8.03%
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
Smith Stephen R -- --
Smith Stephen R $214,000 --
Smith Christopher J $232,000 --
Barrows John A $189,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccluskey Michael $100,000
Closed Mccluskey Michael J $495,853
Closed Smith Stephen R $307,800
Previous Owner Smith Stephen R $60,000
Previous Owner Smith Stephen R $332,000
Previous Owner Smith Christopher J $100,000
Previous Owner Smith Christopher J $233,000
Previous Owner Barrett David $185,600
Previous Owner Barrett David $170,100
Previous Owner Barrett David $205,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2015 10/02/15 Sold $505,000 -2.7% $168 / Sq Ft
09/02/2015 09/02/15 Pending -- -- --
06/08/2015 06/08/15 For Sale $519,000 -- $173 / 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 $8,758 $768,900 $455,600 $313,300
2024 $8,742 $745,900 $441,800 $304,100
2023 $8,195 $650,900 $384,900 $266,000
2022 $7,793 $584,600 $345,200 $239,400
2021 $7,794 $564,400 $331,400 $233,000
2020 $4,193 $553,200 $324,700 $228,500
2019 $3,270 $527,200 $309,300 $217,900
2018 $3,771 $492,800 $288,800 $204,000
2017 $3,464 $529,800 $276,100 $253,700
2016 $6,930 $477,900 $262,900 $215,000
2015 $6,725 $457,500 $242,900 $214,600
2014 $6,574 $446,000 $234,700 $211,300
Source: Public Records

Agents Affiliated with this Home

  • Tish Lentine

    Seller's Agent in 2015

    Tish Lentine

    Keller Williams Realty Evolution

    (978) 882-4644

    19 Total Sales

    Tish Lentine
    Section Image
  • Jennifer Erickson

    Buyer's Agent in 2015

    Jennifer Erickson

    Oaklawn Real Estate

    (978) 599-2206

    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71855977

MLS Property Information Network (MLS PIN)

APN: READ-000026-000000-000181

Massachusetts Middlesex County Reading 01867

14 Grove St, Reading, MA

Homes for Sale in Reading, MA

This home is located at 14 Grove St, Reading, MA 01867 since 08 June 2015 and is currently estimated at $907,474, approximately $302 per square foot. This property was built in 1848. 14 Grove St is a home located in Middlesex County with nearby schools including Birch Meadow Elementary School, Arthur W. Coolidge Middle School, and Reading Memorial High School.

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MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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