NOT LISTED FOR SALE

247 Summer Ave Reading, MA 01867

Estimated Value: $1,431,000 - $1,710,000

5 Beds
2 Baths
3,107 Sq Ft
$509/Sq Ft Est. Value

About This Home

This home is located at 247 Summer Ave, Reading, MA 01867 and is currently estimated at $1,582,023, approximately $509 per square foot. 247 Summer Ave is a home located in Middlesex County with nearby schools including Alice M. Barrows Elementary School, Walter S. Parker Middle School, and Reading Memorial High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 10, 2022
Sold by
Robert S Salter Ret and Salter
Bought by
Lofgren Michael W and Townsend Elizabeth C
Current Estimated Value
$1,582,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Outstanding Balance
$1,127,317
Interest Rate
4.42%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$454,706

Purchase Details

Closed on
Apr 28, 2021
Sold by
Salter Robert S and Salter Lorraine Z
Bought by
Robert S Salter Ret and Salter

Purchase Details

Closed on
Mar 10, 2021
Sold by
Lorraine Z Salter Ret and Salter
Bought by
Salter Robert S and Salter Lorraine Z

Purchase Details

Closed on
Jul 22, 2014
Sold by
Salter Robert S and Salter Lorraine Z
Bought by
Robert S Salter Ret and Salter

Purchase Details

Closed on
Dec 31, 1991
Sold by
Zarba Christopher S and Zarba Donna I
Bought by
Salter Robert S and Salter Lorraine Z

Purchase Details

Closed on
Dec 9, 1988
Sold by
Hebert Andrew P
Bought by
Zarba Christopher S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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
Lofgren Michael W $1,500,000 None Available
Robert S Salter Ret -- None Available
Salter Robert S -- None Available
Robert S Salter Ret -- --
Robert S Salter Ret -- --
Salter Robert S $285,000 --
Zarba Christopher S $349,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lofgren Michael W $1,200,000
Previous Owner Zarba Christopher S $417,000
Previous Owner Zarba Christopher S $50,000
Source: Public Records

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 $15,905 $1,396,400 $518,400 $878,000
2024 $15,725 $1,341,700 $498,000 $843,700
2023 $12,036 $956,000 $449,000 $507,000
2022 $11,594 $869,800 $408,200 $461,600
2021 $6,096 $835,800 $391,200 $444,600
2020 $11,099 $795,600 $372,200 $423,400
2019 $5,802 $758,200 $354,600 $403,600
2018 $9,921 $715,300 $334,400 $380,900
2017 $9,472 $675,100 $315,400 $359,700
2016 $10,066 $694,200 $328,400 $365,800
2015 $9,326 $634,400 $299,900 $334,500
2014 $9,697 $657,900 $296,900 $361,000
Source: Public Records

Map

Massachusetts Middlesex County Reading 01867

247 Summer Ave, Reading, MA

Not Listed for Sale

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