NOT LISTED FOR SALE

27 Dividence Rd Reading, MA 01867

Estimated Value: $1,906,000 - $2,469,000

0.61 Acre
$3,479,633 Price per Acre
26,572 Sq Ft Lot

Last Sold June 16, 2014

Last sale price $396,000 $194 Per Sq Ft

Est. 436% increase in value since last sale

Current estimated payment $13,493/month

6 Days on Market

Highlights

  • 0.61 Acre Lot
  • Property is near public transit
  • No HOA
  • Wood End Elementary School Rated A-
  • Wooded Lot
  • Park

About This Lot

As of June 2014

Builders and Contractors take notice: once the existing structure is torn down/removed, you will have a large lot of land in a very desirable neighborhood of all high end and newer homes. Property is priced to take into account the structure that needs to be torn down/removed. Buyer to do own due diligence to determine permitting for a new build. Sold "AS IS". Do not disturb the residents or walk the lot without an agent/appointment. Offers, if any, are due Monday, April 14, 2014 by 6:00 p.m. Please allow 24 hours for a response.

Last Agent to Sell the Property

Michelle Abren

LAER Realty Partners License #449534229 Listed on: 04/08/2014

Last Buyer's Agent

Susan Sells

Keller Williams Realty

Keller Williams Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,950

Lot Details

  • 0.61 Acre Lot
  • Gentle Sloping Lot
  • Cleared Lot
  • Wooded Lot
  • Property is zoned S-20 & AQ

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Electricity To Lot Line

Listing and Financial Details

  • Assessor Parcel Number 737906

Community Details

Recreation

  • Park

Additional Features

  • No Home Owners Association
  • Shops

Property Details

Property Type

Land

Est. Annual Taxes

$4,950

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Buyer Agency: 2.25
  • Buyer Agency Type: %
  • Transaction Broker: 0
  • Transaction Broker Type: %
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Land
  • Special Features: None

Interior Features

  • MAIN LO: BB9278
  • MAIN SO: G95022

Exterior Features

  • Road Frontage Type: Public
  • Waterfront YN: No

Utilities

  • Sewer: Public Sewer
  • Gas: At Street
  • Electric: On-Site
  • Electricity On Property: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Shopping, Park, Highway Access, Public School
  • Senior Community YN: No

Lot Info

  • Parcel Number: 737906
  • Zoning: S-20 & AQ
  • Farm Land Area Units: Square Feet
  • Lot Features: Wooded, Cleared, Gentle Sloping, Sidewalks
  • Lot Size Acres: 0.61
  • Lot Size Area: 0.61
  • Lot Size Sq Ft: 26571.6
  • Lot Size Units: Acres
  • LOT SIZE: 26571
  • PAGE: 389
  • PERC TEST: U

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 4949.6
  • Tax Book Number: 35317

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 7, 2016
Sold by
Patel Anju and Cross Street Rt
Bought by
Gehlot Siddharth S and Gehlot Nidhi
Current Estimated Value
$2,122,576

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$976,578
Outstanding Balance
$800,029
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,216,934
Source: Public Records

Range of Values:

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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
Gehlot Siddharth S $1,125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gehlot Siddharth S $463,125
Open Gehlot Siddharth S $976,578
Previous Owner Cross Street Rt $180,000
Previous Owner Cross Street Rt $750,000
Previous Owner Ceccacci Alan J $8,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2014 06/16/14 Sold $396,000 +10.0% $194 / Sq Ft
05/17/2014 05/17/14 Pending -- -- --
04/08/2014 04/08/14 For Sale $360,000 -- $176 / 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 $21,239 $1,864,700 $533,800 $1,330,900
2024 $21,053 $1,796,300 $514,200 $1,282,100
2023 $21,129 $1,678,200 $480,400 $1,197,800
2022 $20,713 $1,553,900 $444,800 $1,109,100
2021 $20,160 $1,378,200 $422,700 $955,500
2020 $18,941 $1,357,800 $416,400 $941,400
2019 $19,141 $1,345,100 $412,500 $932,600
2018 $5,679 $1,332,500 $408,700 $923,800
2017 $17,804 $1,269,000 $389,200 $879,800
2016 $16,326 $1,125,900 $282,300 $843,600
2015 $5,952 $404,900 $260,900 $144,000
2014 $5,766 $391,200 $252,100 $139,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71657555

MLS Property Information Network (MLS PIN)

APN: READ-000051-000000-000116