NOT LISTED FOR SALE

225 Charles St Reading, MA 01867

Estimated Value: $1,085,000 - $1,275,000

4 Beds
2 Baths
2,575 Sq Ft
$466/Sq Ft Est. Value

Last Sold October 17, 2012

Last sale price $550,000 $214 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $7,556/month

69 Days on Market

About This Home

As of October 2012

Updated, expanded and remodeled colonial. New gourmet kitchen and dining area addition in 2009. Open floor plan. Kitchen features: Jenn Air cook top and oven, stainless steel appliances, quartz counter tops, maple cabinets, dual sinks, recessed lights and 17 foot custom breakfast bar. Many other 2009 updates include:Two new full baths. New architectural shingle roof. New central air conditioning. New furnace. Second floor laundry. New hot water heater and new masonry front steps installed 2012

Last Agent to Sell the Property

Joe Bean

Joe Bean Real Estate Listed on: 06/20/2012

Last Buyer's Agent

Joyce Kiley

Boardwalk Real Estate

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,223

Year Built

1949

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1949

Interior Features

  • Has Basement: Yes
  • Fireplaces: 1
  • Number of Rooms: 11
  • Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Golf Course, Laundromat, Conservation Area, Highway Access, House of Worship, Public School, T-Station
  • Electric: Circuit Breakers, 200 Amps
  • Flooring: Tile, Hardwood
  • Basement: Full
  • Bedroom 2: Second Floor, 13X12
  • Bedroom 3: Second Floor, 11X11
  • Bedroom 4: Second Floor, 12X8
  • Bathroom #1: First Floor
  • Bathroom #2: Second Floor
  • Kitchen: First Floor, 25X12
  • Laundry Room: Second Floor
  • Living Room: First Floor, 18X12
  • Master Bedroom: Second Floor, 15X12
  • Master Bedroom Description: Hard Wood Floor
  • Dining Room: First Floor, 22X17
  • Family Room: First Floor, 17X14

Exterior Features

  • Construction: Frame
  • Exterior: Shingles, Wood
  • Exterior Features: Patio
  • Foundation: Poured Concrete

Garage/Parking

  • Garage Parking: Attached
  • Garage Spaces: 1
  • Parking: Off-Street
  • Parking Spaces: 8

Utilities

  • Cooling Zones: 2
  • Hot Water: Electric, Tank
  • Utility Connections: for Electric Oven, for Electric Dryer, Washer Hookup

Condo/Co-op/Association

  • HOA: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2012
Closed on
Oct 17, 2012
Sold by
Damon Arthur C and Damon Jessica
Bought by
Benson William F and Benson Nancy H
Seller's Agent
Joe Bean
Joe Bean Real Estate
Buyer's Agent
Joyce Kiley
Boardwalk Real Estate
List Price
$569,900
Sold Price
$550,000
Premium/Discount to List
-$19,900
-3.49%
Current Estimated Value
$1,198,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$648,695
Avg. Annual Appreciation
5.79%
Original Mortgage
$412,450
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2002
Sold by
Rush Stephen F and Rush Maria E
Bought by
Damon Arthur C and Damon Jessica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,000
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Benson William F $550,000 --
Damon Arthur C $420,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Benson William F $375,000
Closed Benson William F $410,000
Closed Benson William F $412,450
Closed Benson William F $25,000
Previous Owner Rush Stephen $275,700
Previous Owner Rush Stephen $280,000
Previous Owner Damon Arthur C $280,000
Previous Owner Rush Stephen $134,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2012 10/17/12 Sold $550,000 -3.5% $214 / Sq Ft
08/28/2012 08/28/12 Pending -- -- --
08/03/2012 08/03/12 For Sale $569,900 +3.6% $221 / Sq Ft
07/19/2012 07/19/12 Off Market $550,000 -- --
06/20/2012 06/20/12 For Sale $569,900 -- $221 / 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 $11,223 $985,300 $474,300 $511,000
2024 $11,200 $955,600 $460,000 $495,600
2023 $10,481 $832,500 $400,700 $431,800
2022 $9,954 $746,700 $359,400 $387,300
2021 $9,522 $689,500 $345,000 $344,500
2020 $9,426 $675,700 $338,100 $337,600
2019 $9,157 $643,500 $322,000 $321,500
2018 $8,336 $601,000 $300,700 $300,300
2017 $8,062 $574,600 $287,500 $287,100
2016 $7,788 $537,100 $273,700 $263,400
2015 $7,296 $496,300 $252,900 $243,400
2014 $7,069 $479,600 $244,400 $235,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71399447

MLS Property Information Network (MLS PIN)

APN: READ-000034-000000-000198