NOT LISTED FOR SALE

235 Summer Ave Reading, MA 01867

Estimated Value: $1,178,000 - $1,344,983

3 Beds
4 Baths
2,440 Sq Ft
$525/Sq Ft Est. Value

Last Sold July 15, 2015

Last sale price $750,000 $307 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $8,132/month

18 Days on Market

About This Home

As of July 2015

Its first impression is bold & impressive w/ a strong, yet graceful stone front, & sets the tone for the quality & charm found only in a classic W. Side Col. Its address is synonymous w/ articles describing it as "one of the best streets in Massachusetts." A tree lined street, w/ architecturally significant homes on each side, this one says "classy, yet comfortable!" The kitchen is bright & beautiful. Masterfully redone & added to, the wall of windows allowing the outside in is just amazing. This is a place where you will linger, & enjoy the views of a flowering weeping cherry & gorgeous yard. From the welcoming front hall, come to the grand front to back LR with stunning FP & french door to the screened porch. A side entrance awaits everyday living, & grants access to the 2 car gar. Upstairs, 3-4 spacious bdrms await, along w/ 3 newer, yet period baths providing convenience & multi-use. HW fls, moldings, rare hardware & more all add to the sophistication of this special property.

Last Listed By

Rick Nazzaro

Colonial Manor Realty Listed on: 05/01/2015

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,429

Year Built

1950

Lot Details

0

Listing Details

  • Lot Description: Paved Drive, Fenced/Enclosed, Level
  • Other Agent: 2.00
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1950

Interior Features

  • Appliances: Range, Wall Oven, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
  • Fireplaces: 1
  • Has Basement: Yes
  • Fireplaces: 1
  • Primary Bathroom: Yes
  • Number of Rooms: 7
  • Amenities: Public Transportation, Shopping, Park, Highway Access, House of Worship, Public School
  • Electric: Circuit Breakers, 200 Amps
  • Energy: Insulated Windows, Storm Windows, Storm Doors
  • Flooring: Tile, Wall to Wall Carpet, Hardwood
  • Basement: Full, Partially Finished, Interior Access, Sump Pump
  • Bedroom 2: Second Floor, 13X12
  • Bedroom 3: Second Floor, 12X11
  • Bathroom #1: First Floor
  • Bathroom #2: Second Floor
  • Bathroom #3: Second Floor
  • Kitchen: First Floor, 24X18
  • Laundry Room: Basement
  • Living Room: First Floor, 25X13
  • Master Bedroom: Second Floor, 19X12
  • Master Bedroom Description: Bathroom - 3/4, Closet - Walk-in, Flooring - Hardwood, Flooring - Wall to Wall Carpet
  • Dining Room: First Floor, 13X13
  • Family Room: Second Floor, 16X14

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Clapboard, Stone
  • Exterior Features: Porch - Screened, Patio, Gutters, Storage Shed, Screens, Stone Wall
  • Foundation: Poured Concrete

Garage/Parking

  • Garage Parking: Attached
  • Garage Spaces: 2
  • Parking: Off-Street, Paved Driveway
  • Parking Spaces: 4

Utilities

  • Cooling: None
  • Heating: Hot Water Baseboard, Hot Water Radiators, Oil
  • Heat Zones: 3
  • Hot Water: Natural Gas, Tank
  • Utility Connections: for Gas Range, for Electric Oven, for Electric Dryer, Washer Hookup

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Barrows
  • Middle School: Parker
  • High School: Rmhs

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2015
Closed on
Jul 15, 2015
Sold by
Kastanotis Mary Ellen
Bought by
Mcaleenan Maria B and Mcaleenan James
Seller's Agent
Rick Nazzaro
Colonial Manor Realty
Buyer's Agent
Lesley Smith
Barrett Sotheby's International Realty
List Price
$699,900
Sold Price
$750,000
Premium/Discount to List
$50,100
7.16%
Total Days on Market
18
Current Estimated Value
$1,279,996

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$529,996
Avg. Annual Appreciation
5.58%
Original Mortgage
$600,000
Outstanding Balance
$474,655
Interest Rate
3.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$805,341

Purchase Details

Closed on
Dec 3, 2013
Sold by
Kastanotis James N and Kastanotis Mary E
Bought by
James N Kastanotis Ret

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
Mcaleenan Maria B $750,000 --
James N Kastanotis Ret -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcaleenan Maria B $600,000
Previous Owner Kastanotis James N $250,000
Previous Owner Kastanotis James N $149,000
Previous Owner Kastanotis James N $93,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2015 07/15/15 Sold $750,000 0.0% $307 / Sq Ft
05/19/2015 05/19/15 Pending -- -- --
05/06/2015 05/06/15 Off Market $750,000 -- --
05/01/2015 05/01/15 For Sale $699,900 -- $287 / 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 $12,429 $1,091,200 $484,000 $607,200
2024 $12,285 $1,048,200 $464,900 $583,300
2023 $11,900 $945,200 $419,200 $526,000
2022 $11,454 $859,300 $381,100 $478,200
2021 $11,178 $809,400 $365,200 $444,200
2020 $22,241 $770,300 $347,500 $422,800
2019 $10,441 $733,700 $331,000 $402,700
2018 $4,129 $692,000 $312,200 $379,800
2017 $9,160 $652,900 $294,500 $358,400
2016 $9,521 $656,600 $306,500 $350,100
2015 $8,816 $599,700 $279,900 $319,800
2014 $8,753 $593,800 $277,200 $316,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71828069

MLS Property Information Network (MLS PIN)

APN: READ-000015-000000-000041