NOT LISTED FOR SALE

1607 Read St Somerset, MA 02726

Brayton Point Neighborhood

Estimated Value: $538,000 - $579,000

4 Beds
2 Baths
2,020 Sq Ft
$277/Sq Ft Est. Value

Last Sold August 22, 2016

Last sale price $325,000 $161 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $3,417/month

5 Days on Market

About This Home

As of August 2016

1st Offering!! Rare to find such a gem in this price range! Nearly new, beautiful, 1 owner, move-in ready Split-Level Home with a 1 car garage & a double lot. Commuter & Shopper's Dream! Seconds to Route 6, Mts to the highways & shopping. Walk to Somerset Creamery & Lee's River! This meticulous home boasts a spacious main level open floor plan with Cathedral Ceilings, HARDWOOD Floors, a CHEF'S DREAM kitchen with a generous island, Granite Counters & Stainless Appliances. The main level also has a slider leading to the back deck. The lower level is comprised of a fully finished basement that has hardly been used, a 4th bedroom, full bathroom with laundry & a 1 car garage with plenty of storage. Have a family member looking for privacy or looking for a possible In-Law? This lower level with walkout may be your answer! Town Water, Sewer & maintenance free Vinyl Siding. Value Range Pricing! Seller will entertain offers between $320,000-$345,000. 1st Showing @ Open House 7/10,10-12pm!

Last Agent to Sell the Property

Kimberly Gravel

Conway - Mansfield Listed on: 07/06/2016

Conway - Mansfield

Last Buyer's Agent

Paula Drake

Coastal Platinums LLC

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,857

Year Built

2007

Lot Details

0

Listing Details

  • Lot Description: Corner, Wooded, Paved Drive, Additional Land Avail.
  • Property Type: Single Family
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2007

Interior Features

  • Appliances: Range, Dishwasher, Microwave, Refrigerator
  • Has Basement: Yes
  • Number of Rooms: 5
  • Amenities: Shopping, Park, Golf Course, Medical Facility, Highway Access, House of Worship, Marina, Private School, Public School
  • Energy: Insulated Windows, Insulated Doors, Storm Doors, Prog. Thermostat
  • Flooring: Tile, Laminate, Hardwood
  • Insulation: Full
  • Interior Amenities: Security System, Cable Available
  • Basement: Full, Finished, Interior Access, Garage Access
  • Bedroom 2: First Floor, 12X10
  • Bedroom 3: First Floor, 13X9
  • Bedroom 4: Basement, 14X9
  • Kitchen: First Floor, 13X12
  • Laundry Room: Basement
  • Living Room: First Floor, 17X13
  • Master Bedroom: First Floor, 15X13
  • Master Bedroom Description: Closet, Flooring - Hardwood
  • Dining Room: First Floor, 13X11
  • Family Room: Basement, 25X14

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Vinyl
  • Exterior Features: Deck
  • Foundation: Poured Concrete
  • Waterview Flag: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Cooling Zones: 2
  • Heat Zones: 2
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Electric Range, for Gas Oven, for Gas Dryer, for Electric Dryer, Washer Hookup
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Lot Info

  • Assessor Parcel Number: M:0B8 L:0056
  • Zoning: Res
  • Lot: 0056

Multi Family

  • Foundation: 48x26
  • Sq Ft Incl Bsmt: Yes
  • Waterview: River

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2016
Closed on
Aug 22, 2016
Sold by
Jaladi Srinivas
Bought by
Papetti Michael A and Papetti Kerri A
Seller's Agent
Kimberly Gravel
Conway - Mansfield
Buyer's Agent
Paula Drake
Coastal Platinums LLC
List Price
$320,000
Sold Price
$325,000
Premium/Discount to List
$5,000
1.56%
Current Estimated Value
$558,565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,565
Avg. Annual Appreciation
5.99%
Original Mortgage
$319,113
Outstanding Balance
$252,003
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$306,562

Purchase Details

Closed on
Sep 25, 2008
Sold by
Read St Dev T and Carey
Bought by
Jaladi Srinivas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,910
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 21, 2007
Sold by
Napert Joanne F and Tavares Paul M
Bought by
Read Street Dev T and Carey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage
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
Papetti Michael A $325,000 --
Papetti Michael A $325,000 --
Papetti Michael A $325,000 --
Jaladi Srinivas $319,900 --
Jaladi Srinivas $319,900 --
Read Street Dev T $150,000 --
Read Street Dev T $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Papetti Michael A $319,113
Closed Papetti Michael A $319,113
Previous Owner Read Street Dev T $288,600
Previous Owner Jaladi Srinivas $287,910
Previous Owner Read Street Dev T $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/22/2016 08/22/16 Sold $325,000 +1.6% $161 / Sq Ft
07/11/2016 07/11/16 Pending -- -- --
07/06/2016 07/06/16 For Sale $320,000 -- $158 / 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 $5,857 $440,400 $172,900 $267,500
2024 $5,446 $425,800 $172,900 $252,900
2023 $4,716 $371,900 $144,000 $227,900
2022 $4,366 $328,500 $124,400 $204,100
2021 $4,410 $300,400 $112,600 $187,800
2020 $4,306 $282,900 $112,500 $170,400
2019 $4,847 $265,600 $112,500 $153,100
2018 $2,823 $256,000 $108,100 $147,900
2017 $4,223 $242,700 $102,600 $140,100
2016 $4,250 $242,700 $102,600 $140,100
2015 $4,070 $234,600 $97,700 $136,900
2014 $5,699 $236,000 $97,700 $138,300
Source: Public Records

Agents Affiliated with this Home

  • Kimberly Gravel

    Seller's Agent in 2016

    Kimberly Gravel

    Conway - Mansfield

    (508) 944-7382

    119 Total Sales

    Kimberly Gravel
    Section Image
  • Paula Drake

    Buyer's Agent in 2016

    Paula Drake

    Coastal Platinums LLC

    (508) 725-7294

    1 in this area

    27 Total Sales

    Paula Drake
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72033193

MLS Property Information Network (MLS PIN)

APN: SOME-000008B-000000-000056

Massachusetts Bristol County Somerset 02726 Brayton Point

1607 Read St, Somerset, MA

Not Listed for Sale

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