$515,000
SOLD JUN 16, 2015

16 Springvale Rd Reading, MA 01867

3 Beds
2 Baths
1,674 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$308 Per Sq Ft

49 Days on Market

About This Home

As of June 2015

Tremendous opportunity in a wonderful location,! You will fall in love with this completely renovated Cape Located on the desirable West side of Reading. Quiet neighborhood with great School district makes this the perfect place to call home! NEW ROOF, updated electrical and plumbing, new kitchen with stainless steel appliances, 2 new full baths w/ tile, cozy family-room with fireplace, and the open bright layout offers plenty of room for entertaining and family enjoyment year round. Oversized Deck, flat yard, one car garage, farmer's porch, plenty of parking, and easy access to major highways & public transportation.

Last Agent to Sell the Property

amir tabrizi

AMLUX LLC Listed on: 03/31/2015

Last Buyer's Agent

Joyce Cucchiara

Coldwell Banker Realty - Lynnfield

Coldwell Banker Realty - Lynnfield

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,708

Year Built

1942

Lot Details

0

Listing Details

  • Lot Description: Level
  • Commission: 1.00
  • Other Agent: 1.00
  • Seller Agency: 1.00
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 1942

Interior Features

  • Fireplaces: 1
  • Has Basement: Yes
  • Fireplaces: 1
  • Number of Rooms: 6
  • Basement: Full, Concrete Floor
  • Bedroom 2: First Floor
  • Bedroom 3: Second Floor
  • Bathroom #1: First Floor
  • Bathroom #2: Second Floor
  • Kitchen: First Floor
  • Laundry Room: Basement
  • Living Room: First Floor
  • Master Bedroom: Second Floor
  • Master Bedroom Description: Flooring - Wall to Wall Carpet
  • Dining Room: First Floor
  • Family Room: First Floor

Exterior Features

  • Exterior: Wood
  • Exterior Features: Porch, Deck - Wood
  • Foundation: Poured Concrete

Garage/Parking

  • Garage Parking: Attached
  • Garage Spaces: 1
  • Parking: Off-Street
  • Parking Spaces: 4

Utilities

  • Cooling: None
  • Heating: Steam, Oil

Schools

  • Elementary School: Barrows (check)
  • Middle School: Parker
  • High School: Rmhs

Lot Info

  • Assessor Parcel Number: M:010.0-0000-0270.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2014
Closed on
Jan 6, 2015
Sold by
Hoell Regina L and Hoell John C
Bought by
Hoell John C
Seller's Agent
Patricia Black
Premier Realty Group, Inc.
Buyer's Agent
Mary Ann Quinn
Wilson Wolfe Real Estate
List Price
$429,900
Sold Price
$350,000
Premium/Discount to List
-$79,900
-18.59%
Current Estimated Value
$1,148,124

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$798,124
Avg. Annual Appreciation
12.29%
Original Mortgage
$350,000
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 2014
Sold by
Hoell John C
Bought by
Hoell John C Est and Hoell
Source: Public Records

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Range of Values:

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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
Quit Claim Deed -- --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $510,400 Stand Alone Refi Refinance Of Original Loan
Closed $161,750 Balloon
Closed $750,000 Stand Alone Refi Refinance Of Original Loan
Closed $463,500 New Conventional
Closed $350,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2015 06/16/15 Sold $515,000 0.0% $308 / Sq Ft
05/19/2015 05/19/15 Pending -- -- --
05/18/2015 05/18/15 Off Market $515,000 -- --
05/10/2015 05/10/15 Price Changed $515,000 0.0% $308 / Sq Ft
05/10/2015 05/10/15 For Sale $515,000 0.0% $308 / Sq Ft
05/06/2015 05/06/15 Off Market $515,000 -- --
04/16/2015 04/16/15 Price Changed $514,900 -1.9% $308 / Sq Ft
03/31/2015 03/31/15 For Sale $524,900 +50.0% $314 / Sq Ft
01/07/2015 01/07/15 Sold $350,000 -12.5% $258 / Sq Ft
11/13/2014 11/13/14 Pending -- -- --
11/12/2014 11/12/14 Price Changed $399,900 -7.0% $295 / Sq Ft
11/07/2014 11/07/14 For Sale $429,900 -- $317 / 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 $11,708 $1,027,900 $476,300 $551,600
2024 $11,572 $987,400 $457,500 $529,900
2023 $11,209 $890,300 $412,500 $477,800
2022 $10,791 $809,500 $375,000 $434,500
2021 $10,859 $786,300 $359,300 $427,000
2020 $10,439 $748,300 $342,000 $406,300
2019 $10,143 $712,800 $325,700 $387,100
2018 $9,319 $671,900 $307,200 $364,700
2017 $7,008 $499,500 $289,800 $209,700
2016 $6,315 $435,500 $261,700 $173,800
2015 $6,045 $411,200 $249,200 $162,000
2014 $5,638 $382,500 $231,800 $150,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71809239

MLS Property Information Network (MLS PIN)

APN: READ-000010-000000-000270