$255,000
SOLD DEC 5, 2014

16 Wright St North Reading, MA 01864

2 Beds
2 Baths
1,032 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$247 Per Sq Ft

7% Below List Price

71 Days on Market

About This Home

As of November 2022

GREAT OPPORTUNITY TO OWN THIS 2/3 BEDROOM, 1.5 BATH CAPE STYLE HOME WITH FULL REAR DORMER LOCATED ON QUIET STREET IN DESIREABLE NIEGHBORHOOD. FRESH PAINT, NEW CARPET, NEW BOILER AND HOT WATER TANK MAKES THIS PROPERTY A GOOD VALUE.This is a Fannie Mae HomePath property.***Multiple Offer Deadline - Oct 22, 2014, 12:06:00 PM (EDT)***

Last Agent to Sell the Property

Chris Mahoney

RE/MAX One Call Realty Listed on: 09/12/2014

RE/MAX One Call Realty

Last Buyer's Agent

Chuha & Scouten Team

Leading Edge Real Estate

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,024

Year Built

1940

Lot Details

0

Listing Details

  • Lot Description: Wooded, Paved Drive
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1940

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 5
  • Amenities: Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access, House of Worship, Public School
  • Electric: Circuit Breakers
  • Energy: Insulated Windows
  • Flooring: Vinyl, Wall to Wall Carpet
  • Basement: Full, Interior Access, Bulkhead

Exterior Features

  • Construction: Frame
  • Exterior: Vinyl
  • Exterior Features: Gutters, Storage Shed
  • Foundation: Poured Concrete

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 2

Utilities

  • Hot Water: Electric
  • Utility Connections: for Electric Oven

Condo/Co-op/Association

  • HOA: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2014
Closed on
Dec 2, 2014
Sold by
Fnma
Bought by
Hall Cody G
Seller's Agent
Chris Mahoney
RE/MAX One Call Realty
Buyer's Agent
Chuha & Scouten Team
Leading Edge Real Estate
List Price
$274,900
Sold Price
$255,000
Premium/Discount to List
-$19,900
-7.24%
Current Estimated Value
$899,068

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$644,068
Avg. Annual Appreciation
11.79%
Original Mortgage
$204,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 12, 2014
Closed on
Oct 17, 2014
Sold by
Cullen Chris
Bought by
Fnma
Seller's Agent
Chris Mahoney
RE/MAX One Call Realty
Buyer's Agent
Chuha & Scouten Team
Leading Edge Real Estate
List Price
$274,900
Sold Price
$255,000
Premium/Discount to List
-$19,900
-7.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 2007
Sold by
Chiacchi Peter A
Bought by
Cullen Amy and Cullen Chris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,900
Interest Rate
6.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 28, 1998
Sold by
Hutchinson Walter and Hutchinson Celia L
Bought by
Chiacchi Peter A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,200
Interest Rate
6.89%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $255,000 --
Foreclosure Deed $358,251 --
Deed $298,900 --
Deed $179,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $483,000 Purchase Money Mortgage
Closed $367,600 Stand Alone Refi Refinance Of Original Loan
Closed $320,000 Stand Alone Refi Refinance Of Original Loan
Closed $100,000 Closed End Mortgage
Closed $50,000 Unknown
Closed $204,000 New Conventional
Previous Owner $298,900 Purchase Money Mortgage
Previous Owner $170,000 No Value Available
Previous Owner $143,200 Purchase Money Mortgage
Previous Owner $50,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2022 11/29/22 Sold $783,000 +11.9% $435 / Sq Ft
10/26/2022 10/26/22 Pending -- -- --
10/19/2022 10/19/22 For Sale $699,900 +174.5% $389 / Sq Ft
12/05/2014 12/05/14 Sold $255,000 0.0% $247 / Sq Ft
11/22/2014 11/22/14 Pending -- -- --
10/24/2014 10/24/14 Off Market $255,000 -- --
10/16/2014 10/16/14 Price Changed $264,900 -3.6% $257 / Sq Ft
09/12/2014 09/12/14 For Sale $274,900 -- $266 / 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 $10,024 $767,500 $349,600 $417,900
2024 $9,715 $735,400 $329,400 $406,000
2023 $7,399 $528,900 $303,000 $225,900
2022 $7,149 $476,600 $275,200 $201,400
2021 $6,704 $428,900 $250,100 $178,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71742376

MLS Property Information Network (MLS PIN)

APN: NREA-000062-000000-000030