NOT LISTED FOR SALE

25 Summer Ave Reading, MA 01867

Estimated Value: $805,000 - $949,000

4 Beds
2 Baths
2,070 Sq Ft
$425/Sq Ft Est. Value

Last Sold December 20, 2019

Last sale price $550,000 $266 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $5,222/month

77 Days on Market

Highlights

  • Wood Burning Stove
  • Wood Flooring
  • Security Service
  • Alice M. Barrows Elementary School Rated A-
  • Patio
  • Electric Baseboard Heater

About This Home

As of December 2019

***Price Just Reduced*** Located in Reading's desirable West Side, this adorable Cape is awaiting its new owner just in time for the holidays! The eat-in-kitchen with SS appliances and pendant lighting opens to the bright and spacious fireplaced living room. The vaulted & beamed family/game room features a wood burning stove & sliders that lead to the wood deck & patio, perfect for entertaining. This home also features spacious bedrooms, hardwood floors throughout, a freshly painted interior & exterior, newer roof, heating system & water heater, ample parking, 1-car garage, and a private backyard. Convenient to major highways, schools & downtown. A must see & easy to show!

Last Agent to Sell the Property

Stephen Velonis

Coldwell Banker Realty - Lynnfield Listed on: 08/29/2019

Coldwell Banker Realty - Lynnfield

Last Buyer's Agent

Debora Longo

Keller Williams Realty

Keller Williams Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • Property is zoned S15

Parking

  • 1 Car Garage

Interior Spaces

  • Decorative Lighting
  • Wood Burning Stove
  • Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Outdoor Features

  • Patio
  • Rain Gutters

Utilities

  • Window Unit Cooling System
  • Hot Water Baseboard Heater
  • Electric Baseboard Heater
  • Heating System Uses Oil
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Security Service

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Cape
  • Other Agent: 1.00
  • Year Built Description: Actual
  • List Price Per Sq Ft: 275.31
  • Comp Based On: Net Sale Price
  • Year Built: 1950
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1950

Interior Features

  • Fireplaces: 1
  • Flooring: Tile, Hardwood
  • Interior Amenities: Security System, Cable Available
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator
  • No Bedrooms: 4
  • Master Bedroom: On Level: Third Floor, Dimension: 14X14, Bathroom - 3/4, Skylight, Flooring - Hardwood
  • Bedroom 2: On Level: Third Floor, Dimension: 14X14, Skylight, Flooring - Hardwood
  • Bedroom 3: On Level: Second Floor, Dimension: 12X9, Flooring - Hardwood
  • Bedroom 4: On Level: Second Floor, Dimension: 14X12, Flooring - Hardwood, Recessed Lighting
  • Full Bathrooms: 2
  • Primary Bathroom: Yes
  • Bathroom 1: On Level: Second Floor, Dimension: 8X5, Flooring - Stone/Ceramic Tile
  • Bathroom 2: On Level: Third Floor, Dimension: 8X5, Flooring - Stone/Ceramic Tile
  • No Rooms: 7
  • Dining Room: On Level: Second Floor, Dimension: 10X9, Flooring - Hardwood
  • Family Room: On Level: Second Floor, Dimension: 19X16, Wood / Coal / Pellet Stove, Ceiling - Cathedral, Ceiling Fan(s), Ceiling - Beamed, Flooring - Laminate, Slider
  • Kitchen: On Level: Second Floor, Dimension: 9X8, Flooring - Stone/Ceramic Tile, Breakfast Bar / Nook, Recessed Lighting, Stainless Steel Appliances
  • Laundry: On Level: First Floor, Flooring - Stone/Ceramic Tile, Recessed Lighting
  • Living Room: On Level: Second Floor, Dimension: 15X15, Fireplace, Flooring - Hardwood, Window(s) - Bay/Bow/Box
  • Basement: Y
  • Basement Features: Partial, Finished, Walk Out, Interior Access, Garage Access, Sump Pump
  • Other Room 1: Name: Home Office, On Level: First Floor, Dimension: 15X14, Flooring - Stone/Ceramic Tile, Recessed Lighting
  • Other Room 2: Name: Foyer, On Level: First Floor, Dimension: 16X8, Flooring - Stone/Ceramic Tile
  • Main Lo: K95001
  • Main So: G95022
  • Estimated Sq Ft: 2070.00
  • Basement Included Sq Ft: Yes

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles, Rubber
  • Exterior: Shingles
  • Exterior Features: Patio, Gutters, Decorative Lighting
  • Foundation: Poured Concrete
  • Insulation Feature: Full, Fiberglass

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 4
  • Garage Parking: Attached, Under, Garage Door Opener, Work Area
  • Garage Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 200 Amps
  • Cooling: Window AC
  • Heating: Hot Water Baseboard, Electric Baseboard, Oil, Wood Stove
  • Heat Zones: 4
  • Hot Water: Electric
  • Utility Connections: for Electric Range, for Electric Dryer, Washer Hookup

Lot Info

  • Assessments: 531600.00
  • Lot: 0072
  • Acre: 0.30
  • Lot Size: 13095.00
  • Page: 269
  • Zoning: S15
  • Lot Description: Gentle Slope

Tax Info

  • Taxes: 7565.00
  • Assessor Parcel Number: 733566

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 25, 2005
Sold by
Ooi Sian Hooi and Ng Wee Siang
Bought by
Seele Helene C and Seele Terence L
Current Estimated Value
$860,083

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,000
Outstanding Balance
$165,265
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$713,736

Purchase Details

Closed on
Jun 27, 2001
Sold by
Connolly Mark M
Bought by
Ng Wee Siang and Ooi Sian Hooi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
7.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 11, 1994
Sold by
Richard Joseph J and Richard Joan S
Bought by
Connolly Mark M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Seele Helene C -- --
Ng Wee Siang $344,000 --
Connolly Mark M $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Seele Helene C $326,000
Previous Owner Connolly Mark M $275,000
Previous Owner Connolly Mark M $159,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/20/2019 12/20/19 Sold $550,000 -3.5% $266 / Sq Ft
11/14/2019 11/14/19 Pending -- -- --
11/01/2019 11/01/19 Price Changed $569,900 -1.7% $275 / Sq Ft
09/27/2019 09/27/19 Price Changed $579,900 -3.3% $280 / Sq Ft
08/29/2019 08/29/19 For Sale $599,900 +55.8% $290 / Sq Ft
12/28/2012 12/28/12 Sold $385,000 -3.7% $155 / Sq Ft View Prior Sale
04/30/2012 04/30/12 Price Changed $399,900 -4.8% $161 / Sq Ft
10/23/2011 10/23/11 Price Changed $419,900 -4.5% $169 / Sq Ft
08/17/2011 08/17/11 Price Changed $439,900 -1.1% $177 / Sq Ft
05/17/2011 05/17/11 For Sale $444,900 -- $179 / 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 $8,595 $754,600 $468,900 $285,700
2024 $8,496 $724,900 $450,500 $274,400
2023 $8,229 $653,600 $406,200 $247,400
2022 $7,919 $594,100 $369,200 $224,900
2021 $7,898 $571,900 $353,800 $218,100
2020 $7,785 $558,100 $336,700 $221,400
2019 $7,565 $531,600 $320,700 $210,900
2018 $6,952 $501,200 $302,400 $198,800
2017 $6,635 $472,900 $285,300 $187,600
2016 $6,415 $442,400 $257,700 $184,700
2015 $6,193 $421,300 $245,400 $175,900
2014 $5,777 $391,900 $228,300 $163,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72556321

MLS Property Information Network (MLS PIN)

APN: READ-000020-000000-000072