NOT LISTED FOR SALE

340 Summer Ave Reading, MA 01867

Reading Area

Estimated Value: $2,068,000 - $2,599,000

5 Beds
4 Baths
4,500 Sq Ft
$503/Sq Ft Est. Value

Sale Details

Date Sold: March 29, 2019

Last sale price $1,625,000 $361 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $13,744 / mo

112 Days on Market

Highlights

  • Landscaped Professionally
  • Marble Flooring
  • Tankless Water Heater
  • Joshua Eaton Elementary School Rated A-
  • Patio
  • Forced Air Heating and Cooling System

About This Home

As of March 2019

An exquisite offering! Brand-new home custom designed & built with no detail over-looked. In the heart of Reading's West Side, only a stunning lot such as this can appropriately carry such a home. From the spectacular stone wall that boarders the front, to the expansive back yard, you won't find this level of perfection anywhere else. Step on in, & you will be breathless over the grand-scale entry, with thick moldings above, & an artistic marble patterned floor below. From here, the back of this home opens up to what is sure to be the most beautiful kitchen with every high-end appliance you could ever dream of, a walk-in pantry, & dramatic open spaces with fireplaces, built-ins, & unmatched finishes. A fantastic mudroom is right off of the 3 car garage, while the sumptuous first floor master suite is fit for royalty...the master bath is just beyond words! Upstairs, you will find 4 more bedrooms, 2 baths, & an office. The HUGE walk-out LL is ideal for theater & billiards. It's AMAZING!

Last Agent to Sell the Property

Rick Nazzaro

Colonial Manor Realty Listed on: 10/12/2018

Last Buyer's Agent

Kara Tucker

The Synergy Group

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2018

Lot Details

  • Year Round Access
  • Stone Wall
  • Landscaped Professionally
  • Sprinkler System
  • Property is zoned Res.

Parking

  • 3 Car Garage

Interior Spaces

  • Decorative Lighting
  • Basement

Kitchen

  • Built-In Oven
  • Built-In Range
  • Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Marble
  • Tile

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Rain Gutters

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Tankless Water Heater
  • Natural Gas Water Heater

Home Details

Home Type

Single Family

Year Built

Built in 2018

Lot Details

0.78 Acres

Parking

3

Listing Details

  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Colonial
  • Other Agent: 2.00
  • Year Built Description: Actual
  • List Price Per Sq Ft: 388.67
  • Comp Based On: Net Sale Price
  • Year Built: 2018
  • Year Round: Yes
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2018

Interior Features

  • Fireplaces: 4
  • Flooring: Tile, Laminate, Marble, Hardwood
  • Appliances: Wall Oven, Dishwasher, Microwave, Countertop Range, Refrigerator, Washer, Dryer, Vent Hood
  • No Bedrooms: 5
  • Master Bedroom: On Level: First Floor, Dimension: 14X25, Fireplace, Closet - Walk-in, Closet/Cabinets - Custom Built, Flooring - Hardwood, Main Level, Recessed Lighting
  • Bedroom 2: On Level: Second Floor, Dimension: 14X11, Closet, Flooring - Hardwood
  • Bedroom 3: On Level: Second Floor, Dimension: 14X11, Closet, Flooring - Hardwood
  • Bedroom 4: On Level: Second Floor, Dimension: 14X13, Closet, Flooring - Hardwood
  • Bedroom 5: On Level: Second Floor, Dimension: 23X16, Closet, Flooring - Hardwood, Recessed Lighting
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Primary Bathroom: Yes
  • Bathroom 1: On Level: First Floor, Flooring - Marble, Dryer Hookup - Electric, Washer Hookup
  • Bathroom 2: On Level: First Floor, Dimension: 11X13, Bathroom - Full, Bathroom - Tiled With Tub & Shower, Closet - Linen, Flooring - Marble, Countertops - Upgraded, Main Level, Cabinets - Upgraded, Double Vanity, Recessed Lighting, Wainscoting
  • Bathroom 3: On Level: Second Floor, Bathroom - Full, Bathroom - Tiled With Tub & Shower, Closet - Linen, Flooring - Stone/Ceramic Tile, Countertops - Upgraded, Double Vanity, Recessed Lighting
  • No Rooms: 13
  • Dining Room: On Level: First Floor, Dimension: 21X14, Fireplace, Ceiling - Cathedral, Flooring - Hardwood, Open Floor Plan, Recessed Lighting
  • Family Room: On Level: First Floor, Dimension: 15X15, Fireplace, Closet/Cabinets - Custom Built, Flooring - Hardwood, French Doors, Exterior Access, Open Floor Plan, Recessed Lighting
  • Kitchen: On Level: First Floor, Dimension: 15X23, Ceiling - Cathedral, Flooring - Hardwood, Pantry, Countertops - Upgraded, Kitchen Island, Breakfast Bar / Nook, Cabinets - Upgraded, Open Floor Plan, Recessed Lighting, Stainless Steel Appliances
  • Laundry: On Level: First Floor
  • Living Room: On Level: First Floor, Dimension: 13X12, Flooring - Hardwood, Recessed Lighting
  • Basement: Y
  • Basement Features: Full, Partially Finished, Walk Out, Interior Access, Radon Remediation System
  • Other Room 1: Name: Home Office, On Level: Second Floor, Dimension: 15X18, Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Hardwood
  • Other Room 2: Name: Foyer, On Level: First Floor, Dimension: 8X25, Closet, Flooring - Marble
  • Other Room 3: Name: Mud Room, On Level: First Floor, Dimension: 7X13, Closet, Closet/Cabinets - Custom Built, Flooring - Marble, Recessed Lighting
  • Other Room 4: Name: Media Room, On Level: Basement, Dimension: 27X35, Fireplace, Flooring - Laminate, Exterior Access, Open Floor Plan, Recessed Lighting
  • Other Room 5: Name: Bathroom, On Level: Second Floor, Bathroom - Full, Bathroom - Tiled With Tub & Shower, Closet - Linen, Flooring - Stone/Ceramic Tile, Countertops - Upgraded, Recessed Lighting
  • Main Lo: B32911
  • Main So: B95141
  • Estimated Sq Ft: 4500.00
  • Basement Included Sq Ft: Yes

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Clapboard
  • Exterior Features: Patio, Gutters, Professional Landscaping, Sprinkler System, Decorative Lighting, Stone Wall
  • Foundation: Poured Concrete
  • Insulation Feature: Full, Blown In, Fiberglass - Batts, Spray Foam

Garage/Parking

  • Parking Feature: Off-Street, Paved Driveway
  • Parking Spaces: 6
  • Garage Parking: Attached, Garage Door Opener, Side Entry, Oversized Parking
  • Garage Spaces: 3

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers, 200 Amps
  • Cooling: Central Air
  • Cooling Zones: 4
  • Heating: Forced Air, Gas
  • Heat Zones: 4
  • Hot Water: Natural Gas, Tankless
  • Utility Connections: for Electric Range, for Electric Dryer, Washer Hookup, Icemaker Connection

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Highway Access, House of Worship, Public School

Lot Info

  • Assessments: 999999999.00
  • Acre: 0.78
  • Lot Size: 34120.00
  • Page: 187
  • Zoning: Res.
  • Lot Description: Paved Drive, Gentle Slope, Level

Green Features

  • Energy Features: Insulated Windows, Insulated Doors, Prog. Thermostat

Tax Info

  • Taxes: 99999999.00
  • Assessor Parcel Number: 731947

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2018
Closed on
Mar 12, 2019
Sold by
Bought by
Seller's Agent
Rick Nazzaro
Colonial Manor Realty
Buyer's Agent
Kara Tucker
The Synergy Group
List Price
$1,949,000
Sold Price
$1,625,000
Premium/Discount to List
-$324,000
-16.62%
Current Estimated Value
$2,263,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$638,030
Avg. Annual Appreciation
4.62%
Original Mortgage
$900,000
Outstanding Balance
$774,812
Interest Rate
4.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,488,218

Purchase Details

Listed on
Dec 9, 2015
Closed on
Apr 21, 2016
Sold by
Bought by
Seller's Agent
Rick Nazzaro
Colonial Manor Realty
Buyer's Agent
Julie Swanson
Leading Edge Real Estate
List Price
$749,900
Sold Price
$700,000
Premium/Discount to List
-$49,900
-6.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.17%

Purchase Details

Closed on
Jul 31, 2000
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,625,000 --
$700,000 --
$455,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $900,000
Previous Owner $250,000
Previous Owner $247,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/29/2019 03/29/19 Sold $1,625,000 0.0% $361 / Sq Ft
02/01/2019 02/01/19 Pending -- -- --
01/31/2019 01/31/19 Off Market $1,625,000 -- --
01/30/2019 01/30/19 Pending -- -- --
01/02/2019 01/02/19 Price Changed $1,749,000 -5.5% $389 / Sq Ft
11/03/2018 11/03/18 Price Changed $1,850,000 -5.1% $411 / Sq Ft
10/12/2018 10/12/18 For Sale $1,949,000 +178.4% $433 / Sq Ft
04/21/2016 04/21/16 Sold $700,000 -2.8% $340 / Sq Ft View Prior Sale
02/13/2016 02/13/16 Pending -- -- --
02/05/2016 02/05/16 Price Changed $719,900 -4.0% $349 / Sq Ft
01/18/2016 01/18/16 For Sale $749,900 +7.1% $364 / Sq Ft
01/12/2016 01/12/16 Off Market $700,000 -- --
12/09/2015 12/09/15 For Sale $749,900 -- $364 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $20,804 $1,826,500 $572,900 $1,253,600
2024 $20,565 $1,754,700 $550,400 $1,204,300
2023 $19,917 $1,582,000 $496,200 $1,085,800
2022 $19,171 $1,438,200 $451,100 $987,100
2021 $19,413 $1,405,700 $432,300 $973,400
2020 $18,660 $1,337,600 $411,300 $926,300
2019 $16,875 $1,185,900 $391,800 $794,100
2018 $9,089 $655,300 $369,500 $285,800
2017 $8,673 $618,200 $348,600 $269,600
2016 $8,581 $591,800 $362,900 $228,900
2015 $7,945 $540,500 $331,400 $209,100
2014 $7,887 $535,100 $328,100 $207,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72409779

MLS Property Information Network (MLS PIN)

APN: READ-000011-000000-000139

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