NOT LISTED FOR SALE

306 Summer Ave Reading, MA 01867

Estimated Value: $920,000 - $1,466,000

3 Beds
2 Baths
1,397 Sq Ft
$864/Sq Ft Est. Value

Last Sold June 16, 2017

Last sale price $479,000 $343 Per Sq Ft

Est. 152% increase in value since last sale

Current estimated payment $7,315/month

5 Days on Market

About This Home

As of June 2017

Fantastic Opportunity to buy the worst house on the best street. Once voted "One of the best Streets in MA," this classic center entrance colonial has been with the same owner since 1962. Beneath the level of work this property needs, you'll find a beautifully mantled FP in the front to back living room, a lovely center staircase, a built-in corner hutch in the DR, and hardwood floors throughout (most covered with carpet...some removed to show the floors). You can find the once stunning curb appeal behind the peeling paint, and can imagine its future beauty. The lot is truly lovely, and would welcome any improvements made to the home. In the end, you'll have an address worthy of your labor and money! SOLD IN AS IS CONDITION WITH NO EXCEPTIONS.

Last Agent to Sell the Property

Rick Nazzaro

Colonial Manor Realty Listed on: 04/27/2017

Last Buyer's Agent

Virginia Todd

Leading Edge Real Estate

Leading Edge Real Estate

Home Details

Home Type

Single Family

Year Built

1947

Lot Details

0

Listing Details

  • Lot Description: Paved Drive, Level
  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Colonial
  • Other Agent: 2.00
  • Lead Paint: Unknown
  • Year Built Description: Actual
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1947

Interior Features

  • Has Basement: Yes
  • Fireplaces: 1
  • Number of Rooms: 7
  • Amenities: Public Transportation, Shopping, Park, Highway Access, House of Worship, Public School
  • Electric: Circuit Breakers, 100 Amps
  • Flooring: Hardwood
  • Basement: Full, Interior Access, Unfinished Basement
  • Bedroom 2: Second Floor, 10X8
  • Bedroom 3: Second Floor, 10X11
  • Bathroom #1: First Floor
  • Bathroom #2: Second Floor
  • Kitchen: First Floor, 15X9
  • Laundry Room: Basement
  • Living Room: First Floor, 12X20
  • Master Bedroom: Second Floor, 14X11
  • Master Bedroom Description: Closet, Flooring - Hardwood
  • Dining Room: First Floor, 11X11
  • No Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Oth1 Room Name: Den
  • Oth1 Dimen: 11X8
  • Oth1 Dscrp: Flooring - Vinyl
  • Main Lo: B32911
  • Main So: K95001
  • Estimated Sq Ft: 1397.00

Exterior Features

  • Construction: Frame
  • Exterior: Shingles
  • Foundation: Concrete Block

Garage/Parking

  • Garage Parking: Attached
  • Garage Spaces: 1
  • Parking: Off-Street, Paved Driveway
  • Parking Spaces: 4

Utilities

  • Hot Water: Oil, Tank
  • Utility Connections: for Electric Range, for Electric Dryer, Washer Hookup
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Lot Info

  • Zoning: Res
  • Acre: 0.24
  • Lot Size: 10336.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 1, 1962
Bought by
Collins Joseph A and Collins Margaret Jane
Current Estimated Value
$1,206,500
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
Collins Joseph A $18,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Collins Joseph A $27,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/16/2017 06/16/17 Sold $479,000 -2.2% $343 / Sq Ft
05/02/2017 05/02/17 Pending -- -- --
04/27/2017 04/27/17 For Sale $489,900 -- $351 / 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 $12,153 $1,067,000 $483,200 $583,800
2024 $11,500 $981,200 $464,200 $517,000
2023 $11,137 $884,600 $418,500 $466,100
2022 $10,720 $804,200 $380,500 $423,700
2021 $5,194 $774,600 $364,600 $410,000
2020 $7,177 $514,500 $346,900 $167,600
2019 $6,976 $490,200 $330,500 $159,700
2018 $8,399 $473,000 $311,700 $161,300
2017 $5,418 $446,200 $294,000 $152,200
2016 $6,772 $467,000 $306,000 $161,000
2015 $6,270 $426,500 $279,500 $147,000
2014 $6,225 $422,300 $276,700 $145,600
Source: Public Records

Agents Affiliated with this Home

  • Rick Nazzaro

    Seller's Agent in 2017

    Rick Nazzaro

    Colonial Manor Realty

    (781) 290-7425

    113 in this area

    174 Total Sales

    Rick Nazzaro
    Section Image
  • Virginia Todd

    Buyer's Agent in 2017

    Virginia Todd

    Leading Edge Real Estate

    (617) 461-0338

    3 in this area

    65 Total Sales

    Virginia Todd
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72154064

MLS Property Information Network (MLS PIN)

APN: READ-000011-000000-000144

Massachusetts Middlesex County Reading 01867

306 Summer Ave, Reading, MA

Not Listed for Sale

Detached

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