$421,500
SOLD JUL 18, 2016

16 Elm St Reading, MA 01867

2 Beds
2 Baths
1,116 Sq Ft
0.29 Acres

Recently Sold

$378 Per Sq Ft

8% Above List Price

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 Agent to Sell the Property

Karen Draper

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

Last Buyer's Agent

Anthony Marino

Gibson Sotheby's International Realty License #449510128

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
Current Estimated Value
$696,481

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
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 Type Sale Price Title Company
Deed -- --
Deed $285,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $376,200 New Conventional
Previous Owner $296,000 New Conventional
Previous Owner $260,000 No Value Available
Previous Owner $228,000 Purchase Money Mortgage
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

  • A

    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

    74 in this area

    115 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

This home is located at 16 Elm St, Reading, MA 01867 and is currently priced at $421,500, approximately $377 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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