NOT LISTED FOR SALE

23 Richards Rd Reading, MA 01867

Estimated Value: $1,725,000 - $1,966,000

4 Beds
3 Baths
3,000 Sq Ft
$615/Sq Ft Est. Value

Last Sold July 26, 2016

Last sale price $1,080,000 $360 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $11,160/month

1 Day on Market

About This Home

As of July 2016

Great opportunity to customize new construction in a great Reading neighborhood setting. Stunning open floor plan. See attached plans and specifications.

Last Agent to Sell the Property

John Magazzu

Charlesgate Realty Group LLC Listed on: 01/29/2016

Last Buyer's Agent

John Magazzu

Charlesgate Realty Group LLC Listed on: 01/29/2016

Home Details

Home Type

Single Family

Year Built

2016

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Property Type: Single Family
  • Other Agent: 2.00
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2016

Interior Features

  • Fireplaces: 1
  • Has Basement: Yes
  • Fireplaces: 1
  • Primary Bathroom: Yes
  • Number of Rooms: 9
  • Electric: Circuit Breakers
  • Basement: Full

Exterior Features

  • Foundation: Poured Concrete

Garage/Parking

  • Garage Parking: Attached
  • Garage Spaces: 2
  • Parking: Off-Street
  • Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Cooling Zones: 2
  • Heat Zones: 2
  • Hot Water: Propane Gas
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Lot Info

  • Zoning: S20

Multi Family

  • Foundation: Irregular

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2016
Closed on
Jul 26, 2016
Sold by
Pensco Company Llc
Bought by
Mcneill Scott and Mcneill Margaret
Seller's Agent
John Magazzu
Charlesgate Realty Group LLC
Buyer's Agent
John Magazzu
Charlesgate Realty Group LLC
List Price
$925,000
Sold Price
$1,080,000
Premium/Discount to List
$155,000
16.76%
Current Estimated Value
$1,843,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$763,653
Avg. Annual Appreciation
5.85%
Original Mortgage
$864,000
Outstanding Balance
$688,703
Interest Rate
3.45%
Estimated Equity
$1,154,950

Purchase Details

Closed on
Dec 1, 2009
Sold by
Hoyt Robert F
Bought by
Hoyt Robert F and Hoyt Paula J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
4.79%

Purchase Details

Closed on
Jul 26, 2004
Sold by
Hoyt Beatrice L
Bought by
Hoyt Robert F
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mcneill Scott -- --
Hoyt Robert F -- --
Hoyt Robert F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcneill Scott $864,000
Closed Mcneill Scott --
Previous Owner Mcneill Scott $145,800
Previous Owner Mcneill Scott $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/26/2016 07/26/16 Sold $1,080,000 +16.8% $360 / Sq Ft
01/30/2016 01/30/16 Pending -- -- --
01/29/2016 01/29/16 For Sale $925,000 +140.3% $308 / Sq Ft
11/13/2015 11/13/15 Sold $385,000 0.0% $311 / Sq Ft View Prior Sale
09/25/2015 09/25/15 Pending -- -- --
09/16/2015 09/16/15 Off Market $385,000 -- --
09/09/2015 09/09/15 For Sale $398,000 -- $321 / 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 $17,666 $1,551,000 $512,100 $1,038,900
2024 $17,483 $1,491,700 $491,900 $999,800
2023 $16,991 $1,349,600 $443,500 $906,100
2022 $16,412 $1,231,200 $403,200 $828,000
2021 $16,551 $1,198,500 $386,400 $812,100
2020 $15,942 $1,142,800 $367,700 $775,100
2019 $15,521 $1,090,700 $350,200 $740,500
2018 $14,306 $1,031,400 $330,300 $701,100
2017 $13,205 $941,200 $311,600 $629,600
2016 $5,833 $402,300 $279,200 $123,100
2015 $5,465 $371,800 $258,000 $113,800
2014 $5,296 $359,300 $249,300 $110,000
Source: Public Records

Agents Affiliated with this Home

  • John Magazzu

    Seller's Agent in 2016

    John Magazzu

    Charlesgate Realty Group LLC

    (978) 815-6098

    11 in this area

    77 Total Sales

    John Magazzu
    Section Image

  • T

    Seller's Agent in 2015

    The Property Shop Group

    Compass

    (978) 457-3406

    4 in this area

    275 Total Sales

    The Property Shop Group
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71953701

MLS Property Information Network (MLS PIN)

APN: READ-000035-000000-000018

Massachusetts Middlesex County Reading 01867

23 Richards Rd, Reading, MA

Not Listed for Sale

Detached

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