NOT LISTED FOR SALE

16 Prescott St Reading, MA 01867

Estimated Value: $784,000 - $914,000

4 Beds
2 Baths
1,775 Sq Ft
$466/Sq Ft Est. Value

Last Sold May 21, 2020

Last sale price $550,000 $310 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $4,901/month

49 Days on Market

Highlights

  • Wood Flooring
  • 3-minute walk to Reading
  • 3-minute walk to Washington Park
  • Joshua Eaton Elementary School Rated A-

About This Home

As of May 2020

Buyer failed to finance! Buyer's loss, your chance! Be the first to see this rare, nicely maintained 2-family home in Reading! Commuters' dream! In walking distance to Train and bus stop! Short walk to downtown Reading with great shops and restaurants! With easy access to Rt95 and Rt93! In addition to its ideal location, the house has so much more to offer: 2 units side by side, with simple, attractive layouts with eat-in kitchen, living room, 2 good size bedrooms on the 2nd floor and plenty of closet space throughout. Laundry hook-ups and storage in the basement for your convenience. Not to forget gas heating for both units, newer windows, private paved driveways with 2+ spots for each unit! A large flat backyard, great for summer entertaining, completes the picture! Either for owner-occupied or investor, this home checks all the boxes! With some TLC will be a great investment! Not to miss out!

Last Agent to Sell the Property

Kristina Listapad

Coldwell Banker Realty - Andovers/Readings Regional Listed on: 02/19/2020

Coldwell Banker Realty - Andovers/Readings Regional

Last Buyer's Agent

Kristina Listapad

Coldwell Banker Realty - Andovers/Readings Regional Listed on: 02/19/2020

Coldwell Banker Realty - Andovers/Readings Regional

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1880

Lot Details

  • 5,663

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile
  • Vinyl

Utilities

  • Natural Gas Water Heater

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:016.0-0000-0223.0

Property Details

Home Type

Multi-Family

Year Built

Built in 1880

Lot Details

5,663 Sq Ft Lot

Listing Details

  • Property Type: Multi-family
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 318.31
  • Comp Based On: Net Sale Price
  • Year Built: 1880
  • Lead Paint: Unknown
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 4
  • Year Built: 1880

Interior Features

  • Flooring: Wood, Tile, Vinyl, Wall to Wall Carpet
  • Total Flrs: 2
  • No Bedrooms: 4
  • Total Brs: 4
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 8
  • Basement: Y
  • Basement Features: Full, Interior Access, Unfinished Basement
  • Main Lo: AN1405
  • Main So: AN1405
  • Estimated Sq Ft: 1775.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Foundation: Concrete Block, Brick

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 4

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Highway Access, T-Station

Lot Info

  • Assessments: 476200.00
  • Acre: 0.13
  • Lot Size: 5490.00
  • Page: 538
  • Parcel Number: M:016.0-0000-0223.0
  • Zoning: S15
  • Lot Description: Paved Drive, Fenced/Enclosed, Level

Multi Family

  • Total Levels: 4
  • Total Rent: 3600
  • Total Rms: 8
  • No Units: 2
  • Mf Type: 2 Family - 2 Units Side by Side

Tax Info

  • Taxes: 6776.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 26, 2011
Sold by
Pierro Joan M
Bought by
Jm Pierro 2007 Lt and Pierro
Current Estimated Value
$827,652

Purchase Details

Closed on
May 17, 2010
Sold by
Pierro Joan M and Murray Geraldine A
Bought by
Pierro Joan M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jm Pierro 2007 Lt -- --
Pierro Joan M -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/21/2020 05/21/20 Sold $550,000 -2.7% $310 / Sq Ft
04/08/2020 04/08/20 Pending -- -- --
03/18/2020 03/18/20 For Sale $565,000 0.0% $318 / Sq Ft
02/26/2020 02/26/20 Pending -- -- --
02/19/2020 02/19/20 For Sale $565,000 +32.9% $318 / Sq Ft
06/12/2015 06/12/15 Sold $425,000 -2.3% $239 / Sq Ft View Prior Sale
05/13/2015 05/13/15 Pending -- -- --
04/29/2015 04/29/15 For Sale $435,000 -- $245 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $7,804 $685,200 $432,000 $253,200
2024 $7,896 $673,700 $424,700 $249,000
2023 $7,991 $634,700 $400,100 $234,600
2022 $7,742 $580,800 $366,100 $214,700
2021 $7,247 $524,800 $315,700 $209,100
2020 $7,085 $507,900 $305,500 $202,400
2019 $6,776 $476,200 $286,400 $189,800
2018 $6,289 $453,400 $272,700 $180,700
2017 $5,940 $423,400 $254,600 $168,800
2016 $5,337 $368,100 $209,100 $159,000
2015 -- $363,200 $199,200 $164,000
2014 $5,143 $348,900 $189,700 $159,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72621159

MLS Property Information Network (MLS PIN)

APN: READ-000016-000000-000223

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