NOT LISTED FOR SALE

159 Summer Ave Reading, MA 01867

Estimated Value: $1,066,000 - $1,284,316

4 Beds
2 Baths
3,490 Sq Ft
$338/Sq Ft Est. Value

Last Sold September 20, 2019

Last sale price $750,000 $215 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $7,522/month

28 Days on Market

Highlights

  • Wood Flooring
  • Screened Porch
  • Central Heating
  • Alice M. Barrows Elementary School Rated A-

About This Home

As of September 2019

RARE OPPORTUNITY to own one of Reading's most ICONIC Victorian homes which has been HIGHLIGHTED in several Reading historic PUBLICATIONS. Designed by local architect Horace Wadlin, this RICHLY DETAILED, 9 room, 4 bedroom home is a transitional style between QUEEN ANNE and SHINGLE. Beautifully maintained by the current owners this home has retained it's architectural features: the NATURAL OAK used throughout the house including an oak dining room with CURVED window seat; EUROPEAN-TILED oak fireplaces; a curved or rounded living room and bedroom; large walk-in closets with BUILT-INS, oak in the entryway, foyer, staircases and on the landings; intact BUTLER'S PANTRY done entirely in maple with BIRDS EYE MAPLE counters. Generous sized SCREENED PORCH off the kitchen offers expansion potential. Interior and exterior PAINTED and hardwood floors REFINISHED in 2018. LARGE 20,347 sq. ft. LOT, 3 car garage/carport. WELL LOCATED in the Summer Ave. historic district near schools, downtown.

Last Agent to Sell the Property

Marjorie Falla

Leading Edge Real Estate License #448500278 Listed on: 07/10/2019

Last Buyer's Agent

Felicia Giuliano

Classified Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,116

Year Built

  • Built in 1889

Lot Details

  • 0.47

Parking

  • 3 Car Garage

Kitchen

  • Built-In Oven
  • Built-In Range
  • Freezer

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile
  • Vinyl

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating
  • Radiator
  • Heating System Uses Gas
  • Water Holding Tank
  • Natural Gas Water Heater

Additional Features

  • Screened Porch
  • Property is zoned S15
  • Basement

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,116

Year Built

Built in 1889

Lot Details

0

Parking

3

Listing Details

  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Victorian, Shingle, Queen Anne
  • Year Built Description: Actual
  • List Price Per Sq Ft: 229.20
  • Comp Based On: Net Sale Price
  • Year Built: 1889
  • Lead Paint: Yes, Certified Treated
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1889

Interior Features

  • Fireplaces: 3
  • Flooring: Wood, Tile, Vinyl, Wall to Wall Carpet, Hardwood
  • Appliances: Wall Oven, Countertop Range, Refrigerator, Freezer, Washer, Dryer
  • No Bedrooms: 4
  • Master Bedroom: On Level: Second Floor, Dimension: 19X17, Flooring - Hardwood
  • Bedroom 2: On Level: Second Floor, Dimension: 17X14, Fireplace, Flooring - Hardwood
  • Bedroom 3: On Level: Second Floor, Dimension: 14X13, Flooring - Hardwood
  • Bedroom 4: On Level: Second Floor, Dimension: 12X10, Flooring - Hardwood
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • No Rooms: 9
  • Dining Room: On Level: First Floor, Dimension: 16X14, Fireplace, Flooring - Hardwood, Wainscoting
  • Family Room: On Level: First Floor, Dimension: 12X10, Flooring - Wall to Wall Carpet
  • Kitchen: On Level: First Floor, Dimension: 16X15, Flooring - Vinyl
  • Living Room: On Level: First Floor, Dimension: 19X14, Fireplace, Closet - Walk-in, Flooring - Wood
  • Basement: Y
  • Basement Features: Full, Partially Finished, Interior Access, Concrete Floor
  • Other Room 1: Name: Foyer, On Level: First Floor, Dimension: 13X8, Flooring - Wood, Wainscoting
  • Other Room 2: Name: Bonus Room, On Level: Third Floor, Dimension: 35X11, Flooring - Wood
  • Main Lo: AN4643
  • Main So: B95141
  • Estimated Sq Ft: 3490.00

Exterior Features

  • Frontage: 154.00
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Shingles
  • Exterior Features: Porch, Porch - Screened
  • Foundation: Fieldstone
  • Insulation Feature: Partial, Blown In

Garage/Parking

  • Parking Feature: Off-Street, Paved Driveway
  • Parking Spaces: 4
  • Garage Parking: Detached, Carport
  • Garage Spaces: 3

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers, Knob & Tube Wiring
  • Heating: Central Heat, Hot Water Radiators, Gas
  • Hot Water: Natural Gas, Tank
  • Utility Connections: for Electric Range, for Electric Oven

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Golf Course, Conservation Area, Highway Access, House of Worship, Private School, Public School

Schools

  • Middle School: Parker
  • High School: Reading High

Lot Info

  • Assessments: 767700.00
  • Lot: 2&3
  • Acre: 0.47
  • Lot Size: 20347.00
  • Page: 011
  • Zoning: S15
  • Lot Description: Corner, Paved Drive

Green Features

  • Energy Features: Insulated Windows

Tax Info

  • Taxes: 10923.00
  • Assessor Parcel Number: 732591

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 21, 2023
Sold by
Kennedy John S and Kennedy Felicia
Bought by
Kennedy Lt
Current Estimated Value
$1,179,079

Purchase Details

Listed on
Jul 10, 2019
Closed on
Sep 19, 2019
Sold by
Merullo Leonard R and Merullo Charles B
Bought by
Kennedy John S and Giuliano Felicia
Seller's Agent
Marjorie Falla
Leading Edge Real Estate
Buyer's Agent
Felicia Giuliano
Classified Realty Group
List Price
$824,900
Sold Price
$750,000
Premium/Discount to List
-$74,900
-9.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.20%
Original Mortgage
$600,000
Interest Rate
3.6%
Mortgage Type
New Conventional
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
Kennedy Lt -- None Available
Kennedy John S $750,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kennedy Felicia $450,000
Previous Owner Kennedy John S $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2019 09/20/19 Sold $750,000 -6.2% $215 / Sq Ft
08/07/2019 08/07/19 Pending -- -- --
08/01/2019 08/01/19 Price Changed $799,900 -3.0% $229 / Sq Ft
07/10/2019 07/10/19 For Sale $824,900 0.0% $236 / Sq Ft
06/27/2018 06/27/18 Rented $3,200 0.0% --
06/27/2018 06/27/18 Under Contract -- -- --
06/11/2018 06/11/18 Price Changed $3,200 -5.9% $1 / Sq Ft
04/15/2018 04/15/18 For Rent $3,400 0.0% --
04/12/2018 04/12/18 Under Contract -- -- --
04/12/2018 04/12/18 For Rent $3,400 0.0% --
04/09/2018 04/09/18 Under Contract -- -- --
03/29/2018 03/29/18 For Rent $3,400 -- --
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 $12,116 $1,063,700 $483,100 $580,600
2024 $11,980 $1,022,200 $464,100 $558,100
2023 $11,617 $922,700 $418,500 $504,200
2022 $11,193 $839,700 $380,400 $459,300
2021 $11,182 $809,700 $364,500 $445,200
2020 $10,754 $770,900 $346,900 $424,000
2019 $10,455 $734,700 $330,400 $404,300
2018 $9,616 $693,300 $311,600 $381,700
2017 $9,184 $654,600 $294,000 $360,600
2016 $9,515 $656,200 $306,000 $350,200
2015 $8,817 $599,800 $279,400 $320,400
2014 $8,756 $594,000 $276,700 $317,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72529499

MLS Property Information Network (MLS PIN)

APN: READ-000015-000000-000146