Seller's Agent in 2024
Philip Vita
Compass
(781) 729-4663
5 in this area
154 Total Sales
245 Summer Ave Reading, MA 01867
Estimated Value: $1,914,913 - $2,089,000
5
Beds
6.5
Baths
6,251
Sq Ft
$322/Sq Ft
Est. Value
Highlights
- Open Floorplan
- Custom Closet System
- Landscaped Professionally
- Alice M. Barrows Elementary School Rated A-
- Colonial Architecture
- Fireplace in Primary Bedroom
About This Home
As of June 2024Welcome to 245 Summer Avenue, a truly exceptional property in Reading that redefines luxury living. The entire house underwent a comprehensive gut renovation in 2018 and has had multiple updates since, ensuring top-notch quality and smart amenities throughout. Step inside to discover designer tile, fixtures, and finishes that exude modern elegance and warmth. With multiple fireplaces, custom woodwork and built-ins, a primary suite that is truly its own oasis, and multiple flex spaces, there is little left to be desired. Situated on a sprawling lot, this property offers a fenced-in yard, an oversized patio, and abundant green space, creating an inviting outdoor retreat. The detached 3-car garage and a spacious driveway provide parking for the whole family and then some! Situated within walking distance to restaurants, shops, and the commuter rail, this home boasts an unbeatable location. Don't miss the opportunity to make this exceptional one-of-a-kind property your own!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $20,265
Year Built
- Built in 2018
Lot Details
- 0.47 Acre Lot
- Landscaped Professionally
- Level Lot
- Property is zoned S15
Parking
- 3 Car Detached Garage
- Side Facing Garage
- Garage Door Opener
- Driveway
- Open Parking
Home Design
- Colonial Architecture
- Brick Foundation
- Stone Foundation
- Frame Construction
- Spray Foam Insulation
- Blown Fiberglass Insulation
- Shingle Roof
- Rubber Roof
- Metal Roof
- Radon Mitigation System
Interior Spaces
- 6,251 Sq Ft Home
- Open Floorplan
- Crown Molding
- Coffered Ceiling
- Recessed Lighting
- Decorative Lighting
- Light Fixtures
- Insulated Windows
- Insulated Doors
- Family Room with Fireplace
- 3 Fireplaces
- Living Room with Fireplace
- Dining Area
- Home Office
- Bonus Room
- Game Room
- Play Room
Kitchen
- Range with Range Hood
- Microwave
- Plumbed For Ice Maker
- Dishwasher
- Stainless Steel Appliances
- Solid Surface Countertops
- Disposal
- Fireplace in Kitchen
Flooring
- Wood
- Wall to Wall Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Fireplace in Primary Bedroom
- Primary bedroom located on second floor
- Custom Closet System
- Walk-In Closet
- Double Vanity
- Soaking Tub
- Bathtub Includes Tile Surround
- Separate Shower
Laundry
- Laundry on main level
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Eco-Friendly Details
- Energy-Efficient Thermostat
- Smart Irrigation
Outdoor Features
- Deck
- Patio
- Rain Gutters
Location
- Property is near public transit and schools
Schools
- Superintendent Elementary And Middle School
- RMHS High School
Utilities
- Forced Air Heating and Cooling System
- 3 Cooling Zones
- 3 Heating Zones
- Heating System Uses Natural Gas
- Tankless Water Heater
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 732216
Community Details
Recreation
- Park
Additional Features
- No Home Owners Association
- Shops
Matterport 3D Tour
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 19, 2018
Sold by
Lighthouse Rt and Hayes
Bought by
Qs Private Lending Llc
Current Estimated Value
Purchase Details
Closed on
Jun 7, 2002
Sold by
Simpson Robert C and Simpson Dianne M
Bought by
Vallis Matthew J and Vallis Diana
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Qs Private Lending Llc | -- | -- | |
| Vallis Matthew J | $645,000 | -- | |
| Qs Private Lending Llc | -- | -- | |
| Vallis Matthew J | $645,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Vallis Matthew J | $700,000 | |
| Previous Owner | Vallis Matthew J | $500,000 | |
| Previous Owner | Vallis Matthew J | $196,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/14/2024 06/14/24 | Sold | $1,850,000 | -2.6% | $296 / Sq Ft | |
| 03/27/2024 03/27/24 | Pending | -- | -- | -- | |
| 03/20/2024 03/20/24 | For Sale | $1,899,000 | +26.6% | $304 / Sq Ft | |
| 03/18/2019 03/18/19 | Sold | $1,500,000 | -6.2% | $262 / Sq Ft | View Prior Sale |
| 01/28/2019 01/28/19 | Pending | -- | -- | -- | |
| 10/15/2018 10/15/18 | Price Changed | $1,599,000 | -5.9% | $279 / Sq Ft | |
| 09/12/2018 09/12/18 | For Sale | $1,699,000 | +142.7% | $296 / Sq Ft | |
| 03/27/2017 03/27/17 | Sold | $700,000 | -6.7% | $122 / Sq Ft | View Prior Sale |
| 02/14/2017 02/14/17 | Pending | -- | -- | -- | |
| 01/13/2017 01/13/17 | For Sale | $750,000 | 0.0% | $131 / Sq Ft | |
| 12/30/2016 12/30/16 | Pending | -- | -- | -- | |
| 12/16/2016 12/16/16 | For Sale | $750,000 | 0.0% | $131 / Sq Ft | |
| 07/20/2016 07/20/16 | Pending | -- | -- | -- | |
| 05/26/2016 05/26/16 | Price Changed | $750,000 | -5.7% | $131 / Sq Ft | |
| 04/22/2016 04/22/16 | For Sale | $795,000 | -- | $139 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $20,495 | $1,799,400 | $521,200 | $1,278,200 |
| 2024 | $20,265 | $1,729,100 | $500,700 | $1,228,400 |
| 2023 | $19,644 | $1,560,300 | $451,400 | $1,108,900 |
| 2022 | $18,925 | $1,419,700 | $410,400 | $1,009,300 |
| 2021 | $18,880 | $1,367,100 | $393,200 | $973,900 |
| 2020 | $18,156 | $1,301,500 | $374,200 | $927,300 |
| 2019 | $12,202 | $857,500 | $356,400 | $501,100 |
| 2018 | $11,827 | $852,700 | $336,100 | $516,600 |
| 2017 | $11,415 | $813,600 | $317,100 | $496,500 |
| 2016 | $10,492 | $723,600 | $330,100 | $393,500 |
| 2015 | $10,192 | $693,300 | $301,400 | $391,900 |
| 2014 | $10,237 | $694,500 | $298,500 | $396,000 |
Source: Public Records
Agents Affiliated with this Home
-
Philip Vita
-
Andrea Mackey
A
Buyer's Agent in 2024
Andrea Mackey
Barrett Sotheby's International Realty
1 in this area
16 Total Sales
-
Thomas Barlow
T
Seller's Agent in 2017
Thomas Barlow
William Raveis R.E. & Home Services
5 Total Sales
-
Abigail Jacobs
Buyer's Agent in 2017
Abigail Jacobs
Coldwell Banker Realty - Cambridge
(617) 721-5591
31 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73214259
APN: READ-000015-000000-000043
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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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