NOT LISTED FOR SALE

16 Lafayette Rd Reading, MA 01867

Estimated Value: $815,000 - $930,000

3 Beds
3 Baths
1,861 Sq Ft
$472/Sq Ft Est. Value

Last Sold October 26, 2017

Last sale price $565,000 $304 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $5,632/month

5 Days on Market

Highlights

  • Golf Course Community
  • Medical Services
  • Colonial Architecture
  • Wood End Elementary School Rated A-
  • Open Floorplan
  • Landscaped Professionally

About This Home

As of October 2017

Beautiful, newly renovated, tastefully remodeled 3/4 bed, 3 FULL bath Wood End Colonial is now new to the market. Completely move in ready, all you have to do is unpack & congratulate yourself on finding a great home in an incredible community with a top rated school system, just a short distance from Boston. 1st floor features must have mudroom, office, full bath, open concept living area with bright, snow white kitchen complete with coffee bar, quartz, & s/s. Master bedroom boasts double closets, soaring cathedral ceiling, private balcony & dedicated luxurious master bath. 2 large beds, new cozy carpet, full bath, ample closet space & fine finish work complete the second level. Low maintenance deck leading to large patio, spacious heated 2 car detached garage, flat, manageable yard & gorgeous professionally landscaped grounds make this picture perfect pottery barn home a must see. Located on a quiet side street, 16 Lafayette checks all your boxes. No open house - call today to view!

Last Listed By

Susan Gormady

Classified Realty Group Listed on: 09/07/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,810

Year Built

  • Built in 1924 | Remodeled

Lot Details

  • 6,970 Sq Ft Lot
  • Near Conservation Area
  • Street terminates at a dead end
  • Landscaped Professionally
  • Level Lot
  • Property is zoned S20

Parking

  • 2 Car Detached Garage
  • Heated Garage
  • Tandem Parking
  • Open Parking
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Block Foundation
  • Stone Foundation
  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,861 Sq Ft Home
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • 1 Fireplace
  • Insulated Windows
  • Sliding Doors
  • Insulated Doors
  • Mud Room
  • Home Office
  • Play Room
  • Washer and Electric Dryer Hookup

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Stone
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Separate Shower

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Sump Pump
  • Block Basement Construction
  • Laundry in Basement

Eco-Friendly Details

  • Energy-Efficient Thermostat

Outdoor Features

  • Bulkhead
  • Balcony
  • Deck
  • Patio
  • Rain Gutters

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Wood End Elementary School
  • Coolidge Middle School
  • RMHS High School

Utilities

  • Window Unit Cooling System
  • 3 Heating Zones
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Baseboard Heating
  • 200+ Amp Service
  • Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number M:039.000000154.0,736912

Community Details

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Park
  • Jogging Path
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,810

Year Built

Built in 1924 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Colonial
  • Property Condition: Updated/Remodeled, Remodeled
  • Year Built: 1924
  • Buyer Agency: 2.0
  • Buyer Agency Type: %
  • Transaction Broker: 2.0
  • Transaction Broker Type: %
  • Year Built Details: Renovated Since
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Flooring: Tile, Carpet, Hardwood, Stone / Slate, Flooring - Hardwood, Flooring - Stone/Ceramic Tile
  • Interior Amenities: Cable Hookup, High Speed Internet Hookup, Cabinets - Upgraded, Open Floor Plan, Recessed Lighting, Home Office, Mud Room, Play Room
  • Door Features: Insulated Doors
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Range,Dishwasher,Disposal,Microwave, Tank Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Dryer
  • Total Bedrooms: 3
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Ceiling Fan(s), Flooring - Wall to Wall Carpet, Recessed Lighting
  • Room Bedroom2 Area: 180
  • Room Bedroom3 Features: Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet, Recessed Lighting
  • Room Bedroom3 Area: 110
  • Room Bedroom3 Level: Second
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Room Master Bedroom Features: Bathroom - 3/4, Bathroom - Double Vanity/Sink, Cathedral Ceiling(s), Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet, Cable Hookup, Deck - Exterior, Recessed Lighting, Remodeled, Slider
  • Room Master Bedroom Level: Second
  • Room Master Bedroom Area: 180
  • Bathroom 1 Features: Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Remodeled
  • Bathroom 1 Level: First
  • Bathroom 2 Level: Second
  • Bathroom 2 Features: Bathroom - 3/4, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
  • Bathroom 3 Features: Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Remodeled
  • Bathroom 3 Level: Second
  • Room Dining Room Features: Flooring - Hardwood, Open Floorplan, Remodeled
  • Room Dining Room Level: First
  • Room Dining Room Area: 91
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Cabinets - Upgraded, Cable Hookup, Deck - Exterior, Recessed Lighting, Remodeled, Stainless Steel Appliances
  • Room Kitchen Area: 132
  • Laundry Features: Electric Dryer Hookup, Washer Hookup, In Basement
  • Room Living Room Level: First
  • Room Living Room Area: 156
  • Room Living Room Features: Flooring - Hardwood, High Speed Internet Hookup, Open Floorplan, Recessed Lighting, Remodeled
  • Room Office Level: First
  • Room Office Area: 110
  • Room Office Features: Flooring - Hardwood, Cable Hookup, High Speed Internet Hookup, Remodeled
  • Basement: Full, Interior Entry, Bulkhead, Sump Pump, Concrete, Unfinished
  • Living Area: 1861
  • Window Features: Insulated Windows
  • MAIN LO: B95141
  • LIST PRICE PER Sq Ft: 295.54
  • PRICE PER Sq Ft: 303.6
  • MAIN SO: NB3534

Exterior Features

  • Exterior Features: Balcony, Rain Gutters, Professional Landscaping
  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter, Block, Stone
  • Patio And Porch Features: Deck - Composite, Patio
  • Road Frontage Type: Public, Dead End
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Attached Garage YN: No
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Detached, Heated Garage, Off Street, Tandem, Paved
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Dryer, Washer Hookup
  • Cooling: Window Unit(s)
  • Heating: Baseboard, Oil, Propane, Fireplace
  • Cooling Y N: Yes
  • Electric: 200+ Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 3
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station

Lot Info

  • Parcel Number: M:039.000000154.0,736912
  • Zoning: S20
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.16
  • Lot Size Area: 0.16
  • Lot Size Sq Ft: 6969.6
  • Lot Size Units: Acres
  • Property Attached YN: No
  • LOT SIZE: 7087
  • PAGE: 234

Green Features

  • Green Energy Efficient: Thermostat

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 6810
  • Tax Book Number: 56884

MLS Schools

  • High School: Rmhs
  • Elementary School: Wood End
  • Middle Or Junior School: Coolidge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2017
Closed on
Oct 26, 2017
Sold by
Bhuta Brian and Bhuta Sarah
Bought by
Scholl Robert R
Seller's Agent
Susan Gormady
Classified Realty Group
Buyer's Agent
Chris Winters
Redfin Corp.
List Price
$549,999
Sold Price
$565,000
Premium/Discount to List
$15,001
2.73%
Total Days on Market
5
Current Estimated Value
$877,772

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$312,772
Avg. Annual Appreciation
5.84%
Original Mortgage
$490,000
Outstanding Balance
$414,722
Interest Rate
3.78%
Mortgage Type
New Conventional
Estimated Equity
$453,177

Purchase Details

Closed on
May 20, 2011
Sold by
Sovereign Bnak
Bought by
Bhuta Brian and Bhuta Sarah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,500
Interest Rate
4.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 9, 2010
Sold by
Gunasekera Oshedi N and Sovereign Bk
Bought by
Sovereign Bk

Purchase Details

Closed on
Jul 31, 2007
Sold by
Philip Bevin and Ghosh Rebekah
Bought by
Gunasekera Christy M and Gunasekera Oshedi N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,250
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 15, 2004
Sold by
Daly Graham C and Daly Lisa A
Bought by
Philip Bevin and Ghosh Rebekah

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
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 29, 2000
Sold by
Gramolini Joseph P and Gramolini Susan
Bought by
Daly Grahamc and Daly Lisa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
8.59%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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Average Value
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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
Scholl Robert R $565,000 --
Bhuta Brian $305,000 --
Sovereign Bk $328,500 --
Gunasekera Christy M $355,000 --
Philip Bevin $415,000 --
Daly Grahamc $295,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scholl Robert R $490,000
Previous Owner Bhuta Brian $248,000
Previous Owner Bhuta Brian $100,000
Previous Owner Gramolini Joseph P $272,000
Previous Owner Bhuta Brian $274,500
Previous Owner Gunasekera Christy M $337,250
Previous Owner Philip Bevin A $65,000
Previous Owner Philip Bevin $332,000
Previous Owner Ghosh Rebekah $62,200
Previous Owner Daly Graham C $262,000
Previous Owner Daly Graham C $27,000
Previous Owner Gramolini Joseph P $236,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2017 10/26/17 Sold $565,000 +2.7% $304 / Sq Ft
09/11/2017 09/11/17 Pending -- -- --
09/06/2017 09/06/17 For Sale $549,999 -- $296 / 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 $9,189 $806,800 $413,000 $393,800
2024 $8,920 $761,100 $389,400 $371,700
2023 $9,130 $725,200 $370,800 $354,400
2022 $8,798 $660,000 $337,100 $322,900
2021 $8,333 $603,400 $314,600 $288,800
2020 $5,674 $571,700 $297,900 $273,800
2019 $5,593 $544,800 $283,700 $261,100
2018 $7,031 $506,900 $269,500 $237,400
2017 $4,914 $485,400 $257,900 $227,500
2016 $6,521 $449,700 $256,800 $192,900
2015 $5,920 $402,700 $237,300 $165,400
2014 $5,737 $389,200 $229,200 $160,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72224345

MLS Property Information Network (MLS PIN)

APN: READ-000039-000000-000154