NOT LISTED FOR SALE

27 Grove St Reading, MA 01867

Estimated Value: $817,000 - $899,000

4 Beds
2.5 Baths
2,233 Sq Ft
$386/Sq Ft Est. Value

Last Sold August 31, 2022

Last sale price $765,000 $343 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $5,576/month

4 Days on Market

Highlights

  • Golf Course Community
  • Deck
  • Wood Flooring
  • Birch Meadow Elementary School Rated A-
  • Property is near public transit
  • Park

About This Home

As of August 2022

Enjoy single family living while reaping the rental benefits of a legal accessory apartment. 2 family home nestled in a popular Birch Meadow location, you’ll find a handsome 3 bed/1.5 charming Colonial equipped with tall ceilings, period details, hardwood flooring, and crown molding throughout. The bright and open kitchen features granite counters, tile back-splash, stainless steel appliances, and convenient breakfast counter. Head upstairs to find 3 bedrooms (hardwood under carpet) with bonus walk up attic ideal for rec room or home office. Accessory unit offers original wide pine floors, built ins, large kitchen, spacious bedroom and full bath. "Forever" interlocked aluminium roof, replacement windows, vinyl siding, all new insulation, private fenced in yard surrounded by mature plantings, and a huge driveway which can fit nearly a dozen cars. Conveniently located just minutes to all major highways and downtown Reading. Here’s your chance to make a smart investment in a great town!

Last Agent to Sell the Property

Susan Gormady

Classified Realty Group Listed on: 07/13/2022

Last Buyer's Agent

Philip Vita

Compass

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,736

Year Built

  • Built in 1865

Lot Details

  • 10,000 Sq Ft Lot
  • Near Conservation Area
  • Fenced
  • Level Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 2,233 Sq Ft Home
  • Property has 2 Levels
  • Insulated Windows
  • Insulated Doors
  • Basement Fills Entire Space Under The House
  • Washer

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 12 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Bulkhead
  • Deck

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Birch Meadow Elementary School
  • Coolidge Middle School
  • RMHS High School

Utilities

  • Heating Available
  • Separate Meters
  • Natural Gas Connected
  • Water Heater

Listing and Financial Details

  • Rent includes unit 2(water)
  • Assessor Parcel Number M:026.000000207.0,735835

Community Details

Recreation

  • Golf Course Community
  • Park

Additional Features

  • 2 Units
  • Shops

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,736

Year Built

Built in 1865

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1865
  • Buyer Agency: 2.0
  • Buyer Agency Type: %
  • Transaction Broker: 0
  • Transaction Broker Type: %
  • Year Built Details: Actual,Renovated Since
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Tile,Vinyl,Carpet,Hardwood, Unit 1(undefined), Unit 2(Hardwood Floors,Stone/Ceramic Tile Floor)
  • Interior Amenities: Unit 1(Ceiling Fans,Storage,Crown Molding,Stone/Granite/Solid Counters,High Speed Internet Hookup,Bathroom With Tub & Shower), Unit 2(Ceiling Fans,Crown Molding,Bathroom With Tub & Shower), Unit 1 Rooms(Living Room,Dining Room,Kitchen,Other (See Remarks)), Unit 2 Rooms(Living Room,Kitchen)
  • Door Features: Insulated Doors
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Dishwasher,Disposal,Microwave,Refrigerator,Washer,Dryer), Unit 2(Range,Refrigerator,Washer,Dryer), Tank Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Range
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bathrooms: 2.5
  • Basement: Full, Bulkhead
  • Living Area: 2233
  • Stories Total: 3
  • Window Features: Insulated Windows
  • MAIN LO: B95141
  • LIST PRICE PER Sq Ft: 335.42
  • PRICE PER Sq Ft: 342.59
  • MAIN SO: AN2383

Exterior Features

  • Exterior Features: Unit 1 Balcony/Deck, Unit 2 Balcony/Deck
  • Construction Materials: Frame
  • Fencing: Fenced/Enclosed, Fenced
  • Foundation Details: Stone
  • Patio And Porch Features: Deck - Wood
  • Road Frontage Type: Public
  • Roof: Metal Roofing (Recycled)
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 12

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Range
  • Heating: Unit 1(Gas,Individual), Unit 2(Gas)
  • Electric: Circuit Breakers, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Golf, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station
  • Rent Includes: Unit 2(Water)

Lot Info

  • Parcel Number: M:026.000000207.0,735835
  • Zoning: S15
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.23
  • Lot Size Area: 0.23
  • Lot Size Sq Ft: 10000
  • Lot Size Units: Acres
  • PAGE: 590
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 8736
  • Tax Book Number: 44497

Multi Family

  • Number Of Units Total: 2
  • LEVELS 1: 2
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 1

MLS Schools

  • High School: Rmhs
  • Elementary School: Birch Meadow
  • Middle Or Junior School: Coolidge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 19, 2005
Sold by
Mctiernan Cindi Lee
Bought by
Murphy Nicole G and Murphy Richard A
Total Days on Market
4
Current Estimated Value
$862,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$394,400
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 12, 2001
Sold by
William Pitman Char Tr and Oneil
Bought by
Mctiernan Cindi Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
6.93%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Murphy Nicole G $493,000 --
Mctiernan Cindi Lee $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccarthy Patrick $685,000
Closed Murphy Nicole G $394,400
Closed Murphy Nicole G $98,600
Previous Owner Mctiernan Cindi Lee $40,000
Previous Owner Mctiernan Cindi L $295,500
Previous Owner Mctiernan Cindi Lee $270,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2022 08/31/22 Sold $765,000 +2.1% $343 / Sq Ft
07/18/2022 07/18/22 Pending -- -- --
07/13/2022 07/13/22 For Sale $749,000 -- $335 / 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 $9,066 $796,000 $455,400 $340,600
2024 $9,047 $771,900 $441,600 $330,300
2023 $9,200 $730,700 $384,700 $346,000
2022 $8,736 $655,400 $345,000 $310,400
2021 $8,482 $614,200 $331,200 $283,000
2020 $8,398 $602,000 $324,600 $277,400
2019 $8,158 $573,300 $309,100 $264,200
2018 $7,427 $535,500 $288,700 $246,800
2017 $7,183 $512,000 $276,000 $236,000
2016 $6,468 $446,100 $262,700 $183,400
2015 $6,281 $427,300 $242,800 $184,500
2014 $6,139 $416,500 $234,600 $181,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73011264

MLS Property Information Network (MLS PIN)

APN: READ-000026-000000-000207