NOT LISTED FOR SALE

23 Richards Rd Reading, MA 01867

Estimated Value: $1,673,000 - $1,921,392

4 Beds
3 Baths
3,000 Sq Ft
$603/Sq Ft Est. Value

Last Sold July 26, 2016

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

Est. 67% increase in value since last sale

Current estimated payment $11,462/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

RE/MAX Renaissance Inc. Listed on: 01/29/2016

RE/MAX Renaissance Inc.

Last Buyer's Agent

John Magazzu

RE/MAX Renaissance Inc. Listed on: 01/29/2016

RE/MAX Renaissance Inc.

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,666

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
RE/MAX Renaissance Inc.
Buyer's Agent
John Magazzu
RE/MAX Renaissance Inc.
List Price
$925,000
Sold Price
$1,080,000
Premium/Discount to List
$155,000
16.76%
Current Estimated Value
$1,808,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$728,848
Avg. Annual Appreciation
5.45%
Original Mortgage
$864,000
Interest Rate
3.45%

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:

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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 $500,000
Open Mcneill Scott $909,000
Closed Hoyt Paula $864,000
Closed Hoyt Paula --
Previous Owner Hoyt Robert F $180,000
Previous Owner Hoyt Paula $145,800
Previous Owner Hoyt Paula $125,000
Previous Owner Hoyt Paula J $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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

    RE/MAX

    (978) 815-6098

    11 in this area

    87 Total Sales

    John Magazzu
    Section Image

  • T

    Seller's Agent in 2015

    The Property Shop Group

    Compass

    (978) 457-3406

    4 in this area

    288 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

This home is located at 23 Richards Rd, Reading, MA 01867 since 29 January 2016 and is currently estimated at $1,808,848, approximately $602 per square foot. This property was built in 2016. 23 Richards Rd is a home located in Middlesex County with nearby schools including J. Warren Killam Elementary School, Arthur W. Coolidge Middle School, and Reading Memorial High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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