NOT LISTED FOR SALE

16 Elm St Reading, MA 01867

Estimated Value: $609,000 - $764,000

2 Beds
2 Baths
1,116 Sq Ft
$633/Sq Ft Est. Value

Last Sold July 18, 2016

Last sale price $421,500 $378 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $4,575/month

8 Days on Market

About This Home

As of July 2016

Unique opportunity for FIRST-TIME BUYERS OR DOWN-SIZERS! Two bedroom COLONIAL on QUIET STREET! Easy access to downtown Reading, commuter rail, highways, shopping and park. OPEN FLOOR PLAN with new HARDWOOD FLOORS on first level. NEWLY INSTALLED DRIVEWAY! Deck off kitchen leading to large level lot with above group pool offers great venue for summer entertainment!

Last Listed By

Karen Draper

Wilson Wolfe Real Estate Listed on: 05/12/2016

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,683

Year Built

1900

Lot Details

0

Listing Details

  • Lot Description: Paved Drive, Fenced/Enclosed, Level
  • Property Type: Single Family
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1900

Interior Features

  • Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
  • Has Basement: Yes
  • Number of Rooms: 5
  • Amenities: Public Transportation, Shopping, Park, Medical Facility, Highway Access, House of Worship, Public School
  • Electric: Circuit Breakers, 200 Amps
  • Flooring: Tile, Wall to Wall Carpet, Hardwood
  • Basement: Full, Interior Access, Bulkhead, Sump Pump, Concrete Floor
  • Bedroom 2: Second Floor, 11X11
  • Kitchen: First Floor, 12X11
  • Living Room: First Floor, 23X13
  • Master Bedroom: Second Floor, 15X11
  • Master Bedroom Description: Flooring - Wall to Wall Carpet

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Vinyl
  • Exterior Features: Deck, Pool - Above Ground, Storage Shed, Fenced Yard
  • Foundation: Concrete Block, Fieldstone

Garage/Parking

  • Parking: Off-Street, Paved Driveway
  • Parking Spaces: 4

Utilities

  • Cooling: Central Air
  • Heating: Hot Water Baseboard, Gas
  • Cooling Zones: 1
  • Heat Zones: 2
  • Hot Water: Tank
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Lot Info

  • Zoning: S15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 6, 2016
Sold by
Liu Kexin
Bought by
Xu Weixing
Total Days on Market
8
Current Estimated Value
$706,486

Purchase Details

Closed on
Apr 12, 2005
Sold by
Cavanaugh James J and Cavanaugh Kathleen R
Bought by
Cannella Jennifer M and Cannella Roberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
5.7%
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
Xu Weixing -- --
Cannella Jennifer M $285,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dermot-Okeeffe Ryan $376,200
Previous Owner Xu Weixing $296,000
Previous Owner Cannella Jennifer M $260,000
Previous Owner Cannella Jennifer M $228,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2016 07/18/16 Sold $421,500 +8.1% $378 / Sq Ft
05/20/2016 05/20/16 Pending -- -- --
05/12/2016 05/12/16 For Sale $389,900 +5.4% $349 / Sq Ft
09/16/2014 09/16/14 Sold $370,000 0.0% $332 / Sq Ft
09/02/2014 09/02/14 Pending -- -- --
08/05/2014 08/05/14 Off Market $370,000 -- --
07/31/2014 07/31/14 For Sale $389,900 -- $349 / 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 $7,683 $674,500 $424,200 $250,300
2024 $7,436 $634,500 $398,900 $235,600
2023 $7,295 $579,400 $364,000 $215,400
2022 $6,725 $504,500 $316,600 $187,900
2021 $6,451 $467,100 $290,000 $177,100
2020 $5,234 $444,700 $276,000 $168,700
2019 $6,036 $424,200 $263,100 $161,100
2018 $5,501 $396,600 $245,800 $150,800
2017 $5,261 $375,000 $233,900 $141,100
2016 $5,021 $346,300 $221,000 $125,300
2015 $4,905 $333,700 $210,500 $123,200
2014 $4,689 $318,100 $200,500 $117,600
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2016

    Karen Draper

    Wilson Wolfe Real Estate

    2 in this area

    5 Total Sales

    Karen Draper
    Section Image
  • Anthony Marino

    Buyer's Agent in 2016

    Anthony Marino

    Gibson Sothebys International Realty

    Section Image
  • Mary Ann Quinn

    Seller's Agent in 2014

    Mary Ann Quinn

    Wilson Wolfe Real Estate

    (617) 710-6852

    75 in this area

    116 Total Sales

    Mary Ann Quinn
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72004473

MLS Property Information Network (MLS PIN)

APN: READ-000022-000000-000045

Massachusetts Middlesex County Reading 01867

16 Elm St, Reading, MA

Homes for Sale in Reading, MA

This home is located at 16 Elm St, Reading, MA 01867 since 12 May 2016 and is currently estimated at $706,486, approximately $633 per square foot. This property was built in 1900. 16 Elm St is a home located in Middlesex County with nearby schools including J. Warren Killam Elementary School, Walter S. Parker Middle School, and Reading Memorial High School.

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