NOT LISTED FOR SALE

348 Summer Ave Reading, MA 01867

Estimated Value: $720,000 - $926,000

3 Beds
2 Baths
1,894 Sq Ft
$445/Sq Ft Est. Value

Last Sold November 22, 2019

Last sale price $463,000 $244 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $5,151/month

40 Days on Market

Highlights

  • Above Ground Pool
  • Wood Flooring
  • Enclosed Patio or Porch
  • Joshua Eaton Elementary School Rated A-
  • Fenced Yard

About This Home

As of November 2019

Here's YOUR CHANCE to own in the DESIRABLE, WEST SIDE of READING at an AFFORDABLE PRICE! This WONDERFUL PROPERTY is BURSTING WITH CHARACTER and was HOME to a LOVING FAMILY for many years. IDEALLY LOCATED a SHORT DISTANCE FROM THE COMMUTER RAIL, SCHOOLS, MAJOR TRANSPORTATION ROUTES AND THE TOWN CENTER, this FANTASTIC OPPORTUNITY is waiting for YOU! A little sweat equity and your creative ideas are all you need to make this THE DREAM HOME YOU'VE BEEN LOOKING FOR!

Last Agent to Sell the Property

Paul Lehane

William Raveis R.E. & Home Services Listed on: 09/11/2019

William Raveis R.E. & Home Services

Last Buyer's Agent

Rick Nazzaro

Colonial Manor Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1934

Lot Details

  • Year Round Access
  • Fenced Yard
  • Property is zoned S15

Parking

  • 2 Car Garage

Outdoor Features

  • Above Ground Pool
  • Enclosed Patio or Porch
  • Rain Gutters

Utilities

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

Additional Features

  • Range
  • Wood Flooring
  • Basement

Home Details

Home Type

Single Family

Year Built

Built in 1934

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Colonial
  • Other Agent: 2.50
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 282.47
  • Comp Based On: Net Sale Price
  • Year Built: 1934
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1934

Interior Features

  • Fireplaces: 1
  • Flooring: Hardwood
  • Interior Amenities: Cable Available
  • Appliances: Range, Refrigerator
  • No Bedrooms: 3
  • Master Bedroom: On Level: Second Floor, Dimension: 16X13, Closet, Flooring - Hardwood, Window(s) - Picture
  • Bedroom 2: On Level: Second Floor, Dimension: 13X12, Closet, Flooring - Hardwood, Window(s) - Picture
  • Bedroom 3: On Level: Second Floor, Dimension: 11X7, Closet, Flooring - Hardwood, Window(s) - Picture
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • No Rooms: 6
  • Dining Room: On Level: First Floor, Dimension: 13X11, Flooring - Hardwood, Window(s) - Picture
  • Kitchen: On Level: First Floor, Dimension: 12X9, Flooring - Laminate, Window(s) - Picture, Pantry
  • Living Room: On Level: First Floor, Dimension: 20X12, Fireplace, Flooring - Hardwood, Window(s) - Picture
  • Basement: Y
  • Basement Features: Full, Partially Finished
  • Main Lo: M59500
  • Main So: B32911
  • Estimated Sq Ft: 1894.00
  • Basement Included Sq Ft: Yes

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Shingles
  • Exterior Features: Porch - Enclosed, Pool - Above Ground, Gutters, Fenced Yard
  • Foundation: Concrete Block

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 4
  • Garage Parking: Detached
  • Garage Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Sewage District: MWRA
  • Cooling: Window AC
  • Heating: Hot Water Baseboard, Hot Water Radiators, Oil

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Highway Access, Public School

Lot Info

  • Assessments: 531500.00
  • Acre: 0.20
  • Lot Size: 8750.00
  • Page: 55
  • Zoning: S15
  • Lot Description: Paved Drive

Green Features

  • Energy Features: Storm Windows

Tax Info

  • Taxes: 7563.00
  • Assessor Parcel Number: 731944

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2019
Closed on
Nov 22, 2019
Sold by
John G Moore Irt and Moore
Bought by
Moore John G
Seller's Agent
Paul Lehane
William Raveis R.E. & Home Services
Buyer's Agent
Rick Nazzaro
Colonial Manor Realty
List Price
$535,000
Sold Price
$463,000
Premium/Discount to List
-$72,000
-13.46%
Current Estimated Value
$843,680

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$380,680
Avg. Annual Appreciation
10.28%

Purchase Details

Closed on
Oct 15, 2015
Sold by
Moore Sandra E and Moore John G
Bought by
John G Moore Irt and Moore
Source: Public Records

Range of Values:

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

Date Buyer Sale Price Title Company
Moore John G -- --
John G Moore Irt -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2019 11/22/19 Sold $463,000 -13.5% $244 / Sq Ft
10/21/2019 10/21/19 Pending -- -- --
10/10/2019 10/10/19 For Sale $535,000 0.0% $282 / Sq Ft
09/29/2019 09/29/19 Pending -- -- --
09/27/2019 09/27/19 Price Changed $535,000 -2.7% $282 / Sq Ft
09/19/2019 09/19/19 Price Changed $550,000 -6.6% $290 / Sq Ft
09/11/2019 09/11/19 For Sale $589,000 -- $311 / 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 $8,929 $783,900 $477,200 $306,700
2024 $8,932 $762,100 $458,400 $303,700
2023 $8,668 $688,500 $413,400 $275,100
2022 $8,338 $625,500 $375,800 $249,700
2021 $8,130 $588,700 $360,100 $228,600
2020 $7,774 $557,300 $342,600 $214,700
2019 $7,563 $531,500 $326,400 $205,100
2018 $6,960 $501,800 $307,800 $194,000
2017 $6,650 $474,000 $290,400 $183,600
2016 $7,059 $486,800 $302,300 $184,500
2015 $6,549 $445,500 $276,000 $169,500
2014 $6,503 $441,200 $273,300 $167,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72564010

MLS Property Information Network (MLS PIN)

APN: READ-000011-000000-000137