NOT LISTED FOR SALE

248 Franklin St Reading, MA 01867

Estimated Value: $815,000 - $1,006,413

5 Beds
2.5 Baths
2,653 Sq Ft
$344/Sq Ft Est. Value

Last Sold January 26, 2024

Last sale price $760,000 $286 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $5,859/month

41 Days on Market

Highlights

  • Golf Course Community
  • Medical Services
  • Deck
  • Wood End Elementary School Rated A-
  • Colonial Architecture
  • Property is near public transit

About This Home

As of January 2024

OPEN HOUSE SUNDAY (12/10) 11am-1pm. Desirable location close to the schools and all that downtown Reading has to offer including a convenient commuter location! Investors and contractors take notice…. Kitchen is ten years old but the rest of the house could use some TLC…. Lovingly maintained by the same family for more than 50 years. Now it’s time for new owners to make it their own! 4-5 BR, 2.5 BA, 2nd summer kitchen and 2 garages. This one won’t last!

Last Agent to Sell the Property

Kimberly O'Neil Mara

Century 21 North East Listed on: 11/07/2023

Last Buyer's Agent

Nick Lanzilli

Red Spade Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,998

Year Built

  • Built in 1960

Lot Details

  • 0.47 Acre Lot
  • Property is zoned S20

Parking

  • 2 Car Attached Garage
  • Tuck Under Parking
  • Driveway
  • Open Parking

Home Design

  • Colonial Architecture
  • Block Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,653 Sq Ft Home
  • Recessed Lighting
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Area

Kitchen

  • Stove
  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Wine Refrigerator
  • Stainless Steel Appliances
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • Bathtub
  • Separate Shower
  • Linen Closet In Bathroom

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Garage Access
  • Laundry in Basement

Outdoor Features

  • Deck
  • Enclosed patio or porch

Location

  • Property is near public transit

Schools

  • Wood End Elementary School
  • Coolidge Middle School
  • RMHS High School

Utilities

  • No Cooling
  • 2 Heating Zones
  • Heating System Uses Oil
  • Baseboard Heating
  • 200+ Amp Service
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number M:051.000000044.0,737714

Community Details

Overview

  • No Home Owners Association

Amenities

  • Medical Services
  • Shops

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Park
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,998

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Colonial
  • Year Built: 1960
  • Buyer Agency: 2
  • Transaction Broker: 2
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Laminate, Hardwood
  • Interior Amenities: Kitchen
  • Fireplace Features: Living Room
  • Fireplace YN: Yes
  • Fireplaces: 2
  • Appliances: Range,Dishwasher,Disposal,Microwave,Refrigerator,Freezer,Washer,Dryer,Wine Refrigerator, Utility Connections for Gas Range, Utility Connections for Electric Oven, Utility Connections for Electric Dryer
  • Total Bedrooms: 5
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Closet, Flooring - Hardwood
  • Room Bedroom3 Features: Closet, Flooring - Hardwood
  • Room Bedroom3 Level: Second
  • Room Bedroom4 Level: Second
  • Room Bedroom4 Features: Closet, Flooring - Wood
  • Room Bedroom5 Level: Main,First
  • Room Bedroom5 Features: Closet, Flooring - Hardwood
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2.5
  • Room Master Bedroom Features: Walk-In Closet(s), Flooring - Wall to Wall Carpet
  • Room Master Bedroom Level: Second
  • Master Bathroom Features: No
  • Bathroom 1 Features: Bathroom - Full, Bathroom - With Tub, Closet - Linen
  • Bathroom 1 Level: Main,First
  • Bathroom 2 Level: Second
  • Bathroom 2 Features: Bathroom - Full, Bathroom - With Tub, Closet - Linen
  • Bathroom 3 Features: Bathroom - 3/4, Bathroom - With Shower Stall
  • Bathroom 3 Level: Basement
  • Room Dining Room Features: Flooring - Hardwood
  • Room Dining Room Level: Main,First
  • Room Family Room Level: Basement
  • Room Family Room Features: Bathroom - Half, Closet
  • Room Kitchen Level: Main,First
  • Room Kitchen Features: Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Kitchen Island, Cabinets - Upgraded, Deck - Exterior, Exterior Access, Recessed Lighting, Stainless Steel Appliances, Gas Stove
  • Laundry Features: In Basement, Washer Hookup
  • Room Living Room Level: Main,First
  • Room Living Room Features: Flooring - Hardwood
  • Basement: Full, Partially Finished, Walk-Out Access, Interior Entry, Garage Access
  • Living Area: 2653
  • Spa YN: No
  • MAIN LO: AN4339
  • LIST PRICE PER Sq Ft: 301.17
  • PRICE PER Sq Ft: 286.47
  • MAIN SO: AN5186

Exterior Features

  • Exterior Features: Porch - Enclosed, Deck - Composite
  • Construction Materials: Frame
  • Foundation Details: Block
  • Home Warranty YN: No
  • Patio And Porch Features: Porch - Enclosed, Deck - Composite
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 2
  • Attached Garage YN: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Attached, Under, Paved Drive
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Oven, for Electric Dryer, Washer Hookup
  • Cooling: None
  • Heating: Baseboard, Oil
  • Cooling Y N: No
  • Electric: 200+ Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 2
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Highway Access, House of Worship, T-Station
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:051.000000044.0,737714
  • Zoning: S20
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.47
  • Lot Size Area: 0.47
  • Lot Size Sq Ft: 20325
  • Lot Size Units: Acres
  • Property Attached YN: No
  • PAGE: 266
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 9998
  • Tax Book Number: 12456

Multi Family

  • Basement Included Sq Ft: No

MLS Schools

  • High School: Rmhs
  • Elementary School: Wood End
  • Middle Or Junior School: Coolidge Ms

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 19, 2024
Sold by
Lanzilli Nicholas
Bought by
Lanzilli Nicholas and Lanzilli Samantha A
Current Estimated Value
$912,103

Purchase Details

Closed on
Jun 15, 1973
Bought by
Driscoll Michael J and Driscoll Lucy A
Source: Public Records

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
Lanzilli Nicholas -- None Available
Lanzilli Nicholas -- None Available
Driscoll Michael J $37,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lanzilli Nicholas $684,000
Previous Owner Driscoll Michael J $175,000
Previous Owner Driscoll Lucy A $140,000
Previous Owner Driscoll Michael J $35,000
Previous Owner Driscoll Michael J $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2024 01/26/24 Sold $760,000 -4.9% $286 / Sq Ft
12/19/2023 12/19/23 Pending -- -- --
11/15/2023 11/15/23 Price Changed $799,000 -11.1% $301 / Sq Ft
11/07/2023 11/07/23 For Sale $899,000 -- $339 / 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 $9,868 $866,400 $492,200 $374,200
2024 $10,685 $911,700 $477,300 $434,400
2023 $9,998 $794,100 $415,700 $378,400
2022 $9,494 $712,200 $372,900 $339,300
2021 $9,137 $661,600 $358,000 $303,600
2020 $9,044 $648,300 $350,800 $297,500
2019 $8,226 $617,500 $334,100 $283,400
2018 $5,373 $576,600 $312,000 $264,600
2017 $7,735 $551,300 $298,300 $253,000
2016 $7,557 $521,200 $284,000 $237,200
2015 $7,080 $481,600 $262,400 $219,200
2014 $6,857 $465,200 $253,500 $211,700
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73177926

MLS Property Information Network (MLS PIN)

APN: READ-000051-000000-000044