NOT LISTED FOR SALE

371 Franklin St Reading, MA 01867

Reading Area

Estimated Value: $723,000 - $857,000

2 Beds
2 Baths
1,796 Sq Ft
$452/Sq Ft Est. Value

Sale Details

Date Sold: September 13, 2024

Last sale price $680,000 $379 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $5,215 / mo

56 Days on Market

Highlights

  • Medical Services
  • Open Floorplan
  • Deck
  • Wood End Elementary School Rated A-
  • Landscaped Professionally
  • Ranch Style House

About This Home

As of September 2024

Are you downsizing? Starting your family? Looking for a condo alternative with plenty of private outdoor space? This home offers convenient first floor living in large, light-filled rooms including 2 bedrooms, a full bath, dining, kitchen, living room, and charming sun room suitable as a 3rd bedroom. Finished basement offers versatile bonus space as a playroom, guest room, home office or mud room and includes a second bathroom with laundry. Features include 200 electrical, central air, and a 2024 furnace. Situated on a nearly half-acre lot, outdoor space includes a fenced backyard for children and pets, cedar shed, and a large deck/awning for outdoor dining and entertaining. Located 0.3 miles from Wood End Elementary. Only 16 miles from Boston, location is 2 miles from MBTA commuter rail station with easy access to Routes 93 & 95.

Last Agent to Sell the Property

Louise Touchette

Coldwell Banker Realty - Lynnfield Listed on: 05/28/2024

Coldwell Banker Realty - Lynnfield

Co-Listed By

Louise Touchette

Coldwell Banker Realty - Lynnfield

Last Buyer's Agent

Lei Zhang

Blue Ocean Realty, LLC

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,777

Year Built

  • Built in 1953

Lot Details

  • 20,908 Sq Ft Lot
  • Fenced Yard
  • Landscaped Professionally
  • Level Lot
  • Cleared Lot
  • Property is zoned S20

Home Design

  • Ranch Style House
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,796 Sq Ft Home
  • Open Floorplan
  • Recessed Lighting
  • Picture Window
  • Window Screens
  • Sliding Doors
  • Living Room with Fireplace
  • Bonus Room
  • Play Room
  • Sun or Florida Room
  • Home Security System

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Sump Pump
  • Laundry in Basement

Parking

  • 4 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking

Outdoor Features

  • Deck
  • Patio
  • Outdoor Storage
  • Rain Gutters

Location

  • Property is near schools

Utilities

  • Central Air
  • 1 Cooling Zone
  • 2 Heating Zones
  • Heating System Uses Oil
  • Baseboard Heating
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 737495

Community Details

Overview

  • No Home Owners Association
  • Near Conservation Area

Amenities

  • Medical Services
  • Shops

Recreation

  • Park
  • Jogging Path
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,777

Year Built

Built in 1953

Lot Details

0.48 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1953
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour

Interior Features

  • Flooring: Tile, Carpet, Hardwood, Laminate, Flooring - Wall to Wall Carpet
  • Interior Amenities: Closet, Cable Hookup, Open Floorplan, Bonus Room, Sun Room, Play Room
  • Fireplace Features: Living Room
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
  • Total Bedrooms: 2
  • Room Bedroom2 Level: Main,First
  • Room Bedroom2 Features: Closet, Flooring - Hardwood
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Main Level Bathrooms: 1
  • Room Master Bedroom Features: Closet, Flooring - Wood
  • Room Master Bedroom Level: Main,First
  • Bathroom 1 Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
  • Bathroom 1 Level: Main,First
  • Bathroom 2 Level: Basement
  • Bathroom 2 Features: Bathroom - Tiled With Shower Stall, Flooring - Vinyl
  • Room Dining Room Features: Flooring - Hardwood, Open Floorplan, Slider
  • Room Dining Room Level: Main,First
  • Room Family Room Level: Basement
  • Room Kitchen Level: Main,First
  • Room Kitchen Features: Pantry, Countertops - Stone/Granite/Solid, Exterior Access, Open Floorplan, Recessed Lighting
  • Laundry Features: Flooring - Laminate, In Basement
  • Room Living Room Level: Main,First
  • Room Living Room Features: Flooring - Hardwood, Window(s) - Picture, Cable Hookup, Open Floorplan
  • Basement: Full, Walk-Out Access, Interior Entry, Sump Pump
  • Living Area: 1796
  • Spa YN: No
  • Window Features: Window(s) - Picture, Screens
  • MAIN LO: AN6181
  • MAIN SO: AN2056
  • Insulation: Full

Exterior Features

  • Exterior Features: Deck, Deck - Composite, Patio, Rain Gutters, Storage, Professional Landscaping, Screens, Fenced Yard
  • Fencing: Fenced/Enclosed, Fenced
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Patio And Porch Features: Deck, Deck - Composite, Patio
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Paved
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Baseboard, Oil
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Security Features: Security System
  • Water Source: Public
  • HEAT ZONES: 2
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Conservation Area, Highway Access, Private School, Public School
  • Senior Community YN: No

Lot Info

  • Parcel Number: 737495
  • Zoning: S20
  • Farm Land Area Units: Square Feet
  • Lot Features: Cleared, Level
  • Lot Size Acres: 0.48
  • Lot Size Sq Ft: 20908
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 8777

Multi Family

  • Basement Included Sq Ft: Yes

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
May 28, 2024
Closed on
Sep 13, 2024
Sold by
Delaney John F and Delaney Mary M
Bought by
Seller's Agent
Louise Touchette
Coldwell Banker Realty - Lynnfield
Buyer's Agent
Lei Zhang
Blue Ocean Realty, LLC
List Price
$749,000
Sold Price
$680,000
Premium/Discount to List
-$69,000
-9.21%
Views
64
Current Estimated Value
$812,286

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,286
Avg. Annual Appreciation
9.34%
Original Mortgage
$544,000
Outstanding Balance
$533,552
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$278,734

Purchase Details

Closed on
Aug 27, 2001
Sold by
Ames Paul J and Rowe-Ames Kathleen
Bought by
Delaney Mary M and Delaney John F

Purchase Details

Closed on
Mar 28, 1990
Sold by
Cohen Elizabeth S
Bought by
Ames Paul J
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Reading, MA

See All Agents

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
$680,000 None Available
Delaney Mary M $299,900 --
Ames Paul J $172,000 --
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 $544,000
Previous Owner Delaney Mary M $186,000
Previous Owner Delaney John F $40,000
Previous Owner Delaney John F $274,000
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
09/13/2024 09/13/24 Sold $680,000 -2.7% $379 / Sq Ft
07/24/2024 07/24/24 Pending -- -- --
07/12/2024 07/12/24 Price Changed $699,000 -6.7% $389 / Sq Ft
05/28/2024 05/28/24 For Sale $749,000 -- $417 / 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 $8,796 $772,300 $494,600 $277,700
2024 $8,777 $748,900 $479,600 $269,300
2023 $8,215 $652,500 $417,800 $234,700
2022 $7,802 $585,300 $374,700 $210,600
2021 $7,492 $542,500 $359,700 $182,800
2020 $7,416 $531,600 $352,500 $179,100
2019 $7,205 $506,300 $335,700 $170,600
2018 $7,414 $472,900 $313,500 $159,400
2017 $6,344 $452,200 $299,800 $152,400
2016 $6,132 $422,900 $285,400 $137,500
2015 $5,745 $390,800 $263,700 $127,100
2014 $5,566 $377,600 $254,800 $122,800
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73243046

MLS Property Information Network (MLS PIN)

APN: READ-000044-000000-000068

Your Personal Tour Guide

Ask me questions while you tour the home.