B
Seller's Agent in 2022
Button and Co.
Laer Realty
210 Total Sales
385 Summer Ave Reading, MA 01867
Reading AreaEstimated Value: $1,180,000 - $1,354,014
6
Beds
2.5
Baths
3,709
Sq Ft
$344/Sq Ft
Est. Value
Highlights
- Medical Services
- 1 Acre Lot
- Wood Flooring
- Joshua Eaton Elementary School Rated A-
- Property is near golf course, public transit, and schools
- 3 Fireplaces
About This Home
As of August 2022PRICE REDUCED!! This Picturesque "Farmhouse Colonial" perfectly sited on a magnificent acre lot overlooking one of Reading's nicest streets for all passerby to gaze at awaits its next proud owner. Envision yourself relaxing on the expansive Farmer's porch drinking your favorite beverage with family and friends or entertaining guests in the expansive fireplaced LR or serving dinner from the country kitchen w/butlers pantry in the elegant fireplaced DR. Completing the 1st flr is a sundrenched 4 season room to relax & unwind. The Grand staircase off the welcoming foyer leads you up to 4 large bedrooms, laundry room and full bath on the 2nd flr. If this is not enough space, the 3rd floor offers 2 more BDRMs, full bath, kitchen and LR perfect for an Au pair quarters or teen suite (home is a legal 2 family). Basement offers plenty of storage and room for expansion. Located in Reading's Joshua Eaton neighborhood and close to the commuter rail, Center of Town & major highways.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,004
Year Built
- Built in 1860
Lot Details
- 1 Acre Lot
- Fenced
- Level Lot
- Garden
Home Design
- Duplex
- Brick Foundation
- Stone Foundation
- Frame Construction
- Shingle Roof
- Stone
Interior Spaces
- 3,709 Sq Ft Home
- Property has 2 Levels
- Ceiling Fan
- 3 Fireplaces
- Wood Burning Fireplace
- Insulated Windows
- Insulated Doors
- Living Room
- Dining Room
- Sun or Florida Room
Kitchen
- Country Kitchen
- Range
- Microwave
- Dishwasher
- Solid Surface Countertops
Flooring
- Wood
- Stone
- Vinyl
Bedrooms and Bathrooms
- 6 Bedrooms
- Bathtub with Shower
Laundry
- Dryer
- Washer
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Home Security
- Storm Windows
- Storm Doors
Parking
- 10 Car Parking Spaces
- Shared Driveway
- Paved Parking
- Open Parking
- Off-Street Parking
Outdoor Features
- Bulkhead
- Porch
Schools
- Joshua Eaton Elementary School
- Parker Middle School
- Reading High School
Utilities
- Window Unit Cooling System
- Heating System Uses Oil
- Hot Water Heating System
- 200+ Amp Service
Additional Features
- Energy-Efficient Thermostat
- Property is near golf course, public transit, and schools
Listing and Financial Details
- Total Actual Rent $1,700
- Rent includes unit 2(heat electric water hot water)
- Assessor Parcel Number 731480
Community Details
Overview
- 2 Units
- Near Conservation Area
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Tennis Courts
- Park
- Jogging Path
- Bike Trail
Building Details
- Net Operating Income $20,400
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
Jun 23, 2022
Closed on
Aug 30, 2022
Sold by
Bought by
Seller's Agent
Button and Co.
LAER Realty Partners
Buyer's Agent
Button and Co.
LAER Realty Partners
List Price
$1,099,900
Sold Price
$1,050,000
Premium/Discount to List
-$49,900
-4.54%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,754
Avg. Annual Appreciation
5.14%
Original Mortgage
$100,000
Interest Rate
0.0513%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 4, 1999
Sold by
Bought by
Purchase Details
Closed on
Jan 15, 1998
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| $1,050,000 | None Available | ||
| $390,000 | -- | ||
| $430,000 | -- |
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 | $100,000 | ||
| Open | $630,000 | ||
| Previous Owner | $250,000 | ||
| Previous Owner | $290,000 | ||
| Closed | $111,600 | ||
| Closed | $292,000 | ||
| Previous Owner | $322,700 | ||
| Previous Owner | $160,000 |
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 |
|---|---|---|---|---|
| 08/30/2022 08/30/22 | Sold | $1,050,000 | +5.0% | $283 / Sq Ft |
| 07/24/2022 07/24/22 | Pending | -- | -- | -- |
| 07/20/2022 07/20/22 | Price Changed | $999,900 | -9.1% | $270 / Sq Ft |
| 06/23/2022 06/23/22 | For Sale | $1,099,900 | -- | $297 / 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 | $12,079 | $1,060,500 | $608,200 | $452,300 |
| 2024 | $11,940 | $1,018,800 | $584,300 | $434,500 |
| 2023 | $12,470 | $990,500 | $526,800 | $463,700 |
| 2022 | $12,004 | $900,500 | $478,900 | $421,600 |
| 2021 | $12,142 | $879,200 | $458,900 | $420,300 |
| 2020 | $11,672 | $836,700 | $436,700 | $400,000 |
| 2019 | $11,341 | $797,000 | $416,000 | $381,000 |
| 2018 | $10,426 | $751,700 | $392,300 | $359,400 |
| 2017 | $9,950 | $709,200 | $370,100 | $339,100 |
| 2016 | $10,907 | $752,200 | $385,200 | $367,000 |
| 2015 | $10,522 | $715,800 | $351,800 | $364,000 |
| 2014 | $10,552 | $715,900 | $348,300 | $367,600 |
Source: Public Records
Agents Affiliated with this Home
-
Button and Co.
-
Bill Cataldo
Seller Co-Listing Agent in 2022
Bill Cataldo
Laer Realty
(781) 439-4898
38 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73002718
APN: READ-000011-000000-000029
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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