NOT LISTED FOR SALE

247 Summer Ave Reading, MA 01867

Estimated Value: $1,466,000 - $1,604,000

5 Beds
2 Baths
3,107 Sq Ft
$492/Sq Ft Est. Value

About This Home

This home is located at 247 Summer Ave, Reading, MA 01867 and is currently estimated at $1,527,119, approximately $491 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
Apr 28, 2021
Sold by
Salter Robert S and Salter Lorraine Z
Bought by
Robert S Salter Ret and Salter
Current Estimated Value
$1,527,119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$690,000
Interest Rate
2.73%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

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

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$690,000
Interest Rate
2.73%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

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

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Robert S Salter Ret -- None Available
Salter Robert S -- None Available
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 $157,500
Open Lofgren Michael W $1,200,000
Previous Owner Salter Robert S $690,000
Previous Owner Robert S Salter Ret $704,000
Previous Owner Robert S Salter Ret $441,000
Previous Owner Robert S Salter Ret $277,000
Previous Owner Salter Robert S $249,000
Previous Owner Zarba Christopher S $417,000
Previous Owner Salter Lorraine Z $160,000
Previous Owner Salter Lorraine Z $170,000
Previous Owner Salter Lorraine Z $90,000
Previous Owner Salter Lorraine Z $322,000
Previous Owner Salter Robert S $179,000
Previous Owner Salter Robert S $48,000
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

Homes for Sale in Reading, MA

This home is located at 247 Summer Ave, Reading, MA 01867 and is currently estimated at $1,527,119, approximately $491 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.

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.

Nearby Homes