NOT LISTED FOR SALE

197 South St Reading, MA 01867

Estimated Value: $1,807,000 - $1,906,000

4 Beds
4 Baths
3,794 Sq Ft
$488/Sq Ft Est. Value

Last Sold December 17, 2014

Last sale price $923,000 $243 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $11,422/month

23 Days on Market

About This Home

As of December 2014

Spectacular Royal Barry Wills "castle" majestically set on over 1.5 acres of beautiful land. In the desirable W. side, you'll appreciate the convenience to schools, park, & major routes, all while enjoying total privacy among natures splendor. Surely 1 of towns most exquisite homes, it has been meticulously updated & added to keeping in mind the character & appeal originally intended. From the stunning brick front, slate roof, & lead windows, to the amazing new kitchen, HW floors, 3 fireplaces, central air, 2 car gar. & smashing decor, you will be breathless with each turn. The vibe is elegant, yet not too fussy! Everyday family living, or unmatched entertaining is a breeze here. Open the French doors & your guests will circulate from the banquet sized dining room, to the covered slate patio, to the sprawling lawns, & back to the grand living space w/ oversized fireplace & built-ins. An incredible master suite welcomes the days end...a true retreat! A once in a lifetime opportunity!!

Last Agent to Sell the Property

Rick Nazzaro

Colonial Manor Realty Listed on: 09/24/2014

Last Buyer's Agent

Alison Socha

Leading Edge Real Estate

Leading Edge Real Estate

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,163

Year Built

1931

Lot Details

0

Listing Details

  • Lot Description: Corner, Paved Drive, Scenic View(s)
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1931

Interior Features

  • Has Basement: Yes
  • Fireplaces: 3
  • Primary Bathroom: Yes
  • Number of Rooms: 9
  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Highway Access, Public School
  • Electric: Circuit Breakers, 200 Amps
  • Energy: Insulated Windows, Insulated Doors
  • Flooring: Tile, Hardwood
  • Interior Amenities: Security System, Cable Available, Walk-up Attic, French Doors, Laundry Chute
  • Basement: Full, Partially Finished
  • Bedroom 2: Second Floor, 15X17
  • Bedroom 3: Second Floor, 13X9
  • Bedroom 4: Second Floor, 14X13
  • Bathroom #1: First Floor
  • Bathroom #2: Second Floor
  • Bathroom #3: Second Floor, 11X11
  • Kitchen: First Floor, 20X18
  • Living Room: First Floor, 15X26
  • Master Bedroom: Second Floor, 18X15
  • Master Bedroom Description: Bathroom - 3/4, Ceiling - Cathedral, Closet, Closet/Cabinets - Custom Built, Flooring - Hardwood, Remodeled
  • Dining Room: First Floor, 21X13
  • Family Room: Second Floor, 15X15

Exterior Features

  • Construction: Frame, Brick
  • Exterior: Shingles, Brick
  • Exterior Features: Covered Patio/Deck, Gutters, Professional Landscaping, Sprinkler System, Screens, Stone Wall
  • Foundation: Concrete Block, Fieldstone

Garage/Parking

  • Garage Parking: Attached, Garage Door Opener, Side Entry
  • Garage Spaces: 2
  • Parking: Off-Street, Paved Driveway
  • Parking Spaces: 6

Utilities

  • Hot Water: Electric, Tank
  • Utility Connections: for Gas Range, Washer Hookup

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2014
Closed on
Dec 17, 2014
Sold by
Leach Stephen M and Leach Tracey
Bought by
Dolben Andrew K
Seller's Agent
Rick Nazzaro
Colonial Manor Realty
Buyer's Agent
Alison Socha
Leading Edge Real Estate
List Price
$949,900
Sold Price
$923,000
Premium/Discount to List
-$26,900
-2.83%
Current Estimated Value
$1,853,057

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$930,057
Avg. Annual Appreciation
6.23%
Original Mortgage
$738,400
Outstanding Balance
$556,188
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,215,856

Purchase Details

Closed on
Oct 30, 2009
Sold by
Karandanis Stanley M
Bought by
Leach Stephen M and Leach Tracy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,000
Interest Rate
5.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 14, 2006
Sold by
Karandanis Kay B and Karandanis Stanley M
Bought by
Karandanis Stanley M
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Dolben Andrew K $225,000 --
Hayes Christopher $923,000 --
Leach Stephen M $605,000 --
Karandanis Stanley M -- --
Karandanis Stanley M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hayes Christopher $738,400
Previous Owner Leach Stephen M $305,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2014 12/17/14 Sold $923,000 0.0% $243 / Sq Ft
10/17/2014 10/17/14 Pending -- -- --
10/01/2014 10/01/14 Off Market $923,000 -- --
09/24/2014 09/24/14 For Sale $949,900 -- $250 / 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 $19,163 $1,682,400 $615,100 $1,067,300
2024 $18,942 $1,616,200 $590,900 $1,025,300
2023 $18,347 $1,457,300 $532,800 $924,500
2022 $17,661 $1,324,900 $484,400 $840,500
2021 $9,533 $1,259,400 $465,500 $793,900
2020 $16,719 $1,198,500 $443,000 $755,500
2019 $16,245 $1,141,600 $422,000 $719,600
2018 $14,934 $1,076,700 $398,000 $678,700
2017 $14,252 $1,015,800 $375,500 $640,300
2016 $11,574 $798,200 $286,800 $511,400
2015 $9,977 $678,700 $273,100 $405,600
2014 $10,004 $678,700 $301,400 $377,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71747994

MLS Property Information Network (MLS PIN)

APN: READ-000004-000000-000001