NOT LISTED FOR SALE

15 Pearl St Reading, MA 01867

Estimated Value: $767,000 - $959,101

3 Beds
2 Baths
2,263 Sq Ft
$369/Sq Ft Est. Value

Last Sold December 19, 2023

Last sale price $699,000 $309 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $5,304/month

6 Days on Market

Highlights

  • Property is near public transit
  • Wood Flooring
  • Cooling Available
  • Walter S. Parker Middle School Rated A-
  • Tennis Courts
  • 4-minute walk to Memorial Park

About This Home

As of December 2023

Opportunity knocks for any savvy owner occupant or contractor/investor looking for a multi-family on a 15,075 sq foot lot with amazing potential!!! Located in a highly sought after part of town, this home offers a great location with close proximity to parks, town center, restaurants, and all has Reading has to offer. Both units feature flexible floor plans and high ceilings throughout the large living room, dining room, kitchen, and bedrooms. Two separate driveways with an oversized detached 2 car garage. Do not miss your opportunity to make this your own!!! Property SOLD AS IS.

Last Agent to Sell the Property

Stakem Team

Leading Edge Real Estate Listed on: 10/24/2023

Co-Listed By

Mark Stakem

Leading Edge Real Estate

Last Buyer's Agent

Julia Pollard

LAER Realty Partners

LAER Realty Partners

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,935

Year Built

  • Built in 1920

Lot Details

  • 0.35 Acre Lot
  • Level Lot

Parking

  • 2 Car Garage
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Brick Foundation
  • Stone Foundation
  • Frame Construction
  • Shingle Roof
  • Slate Roof

Interior Spaces

  • 2,263 Sq Ft Home
  • Property has 1 Level
  • Unfinished Basement

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Bulkhead

Location

  • Property is near public transit
  • Property is near schools

Schools

  • RMHS High School

Utilities

  • Cooling Available
  • 1 Cooling Zone
  • 2 Heating Zones
  • Heating Available
  • 100 Amp Service
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number M:022.000000288.0,734581

Community Details

Recreation

  • Tennis Courts
  • Park

Additional Features

  • 2 Units
  • Shops

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,935

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1920
  • Buyer Agency: 2.0
  • Transaction Broker: 1.0
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood,Tile,Laminate,Hardwood, Unit 1(undefined), Unit 2(Tile Floor,Hardwood Floors,Wood Flooring)
  • Interior Amenities: Unit 1(Bathroom With Tub & Shower,Internet Available - Unknown), Unit 2(Ceiling Fans,Bathroom With Tub & Shower), Unit 1 Rooms(Living Room,Dining Room,Kitchen,Other (See Remarks)), Unit 2 Rooms(Living Room,Dining Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range,Dishwasher,Disposal,Refrigerator), Utility Connections for Gas Range
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Bulkhead, Unfinished
  • Living Area: 2263
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN4643
  • LIST PRICE PER Sq Ft: 308.88
  • PRICE PER Sq Ft: 308.88
  • MAIN SO: AN1199

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone, Brick/Mortar
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Roof: Shingle, Slate
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Cooling: Unit 1(Window AC), Unit 2(Ductless Mini-Split System)
  • Heating: Unit 1(Forced Air), Unit 2(Hot Water Radiators)
  • Cooling Y N: Yes
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Highway Access, Private School, Public School
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:022.000000288.0,734581
  • Zoning: S15
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.35
  • Lot Size Area: 0.35
  • Lot Size Sq Ft: 15075
  • Lot Size Units: Acres
  • PAGE: 447
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 8935
  • Tax Book Number: 22113

Multi Family

  • Number Of Units Total: 2
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • COOLING UNITS: 1
  • LEVELS 2: 2
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

MLS Schools

  • High School: Rmhs

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 10, 2023
Sold by
Patterson Nancy E
Bought by
15 Pearl Street Rt and Patterson
Current Estimated Value
$814,492
Source: Public Records

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
15 Pearl Street Rt -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pollard Wayne M $399,000
Previous Owner Patterson Nancy E $75,000
Previous Owner Patterson Nancy E $50,000
Previous Owner Patterson Nancy E $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2023 12/19/23 Sold $699,000 0.0% $309 / Sq Ft
10/31/2023 10/31/23 Pending -- -- --
10/24/2023 10/24/23 For Sale $699,000 -- $309 / 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 $9,677 $849,600 $473,500 $376,100
2024 $9,532 $813,300 $459,100 $354,200
2023 $8,935 $709,700 $399,900 $309,800
2022 $8,499 $637,600 $358,700 $278,900
2021 $12,988 $597,100 $344,300 $252,800
2020 $8,166 $585,400 $337,500 $247,900
2019 $7,939 $557,900 $321,400 $236,500
2018 $7,235 $521,600 $300,200 $221,400
2017 $7,050 $502,500 $287,000 $215,500
2016 $6,587 $454,300 $273,200 $181,100
2015 $6,383 $434,200 $252,400 $181,800
2014 $6,238 $423,200 $243,900 $179,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73173436

MLS Property Information Network (MLS PIN)

APN: READ-000022-000000-000288