NOT LISTED FOR SALE

40 Putnam Rd Reading, MA 01867

Estimated Value: $814,000 - $1,118,000

4 Beds
3 Baths
1,812 Sq Ft
$559/Sq Ft Est. Value

Last Sold June 15, 2022

Last sale price $875,000 $483 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $6,137/month

5 Days on Market

Highlights

  • Ranch Style House
  • Wood Flooring
  • No HOA
  • J. Warren Killam Elementary School Rated A-
  • Bonus Room
  • Tennis Courts

About This Home

As of June 2022

Just in time for SPRING!!! Don't miss your opportunity to move into this turnkey 3/4 bedroom 3 bath ranch that has been meticulously maintained by its current owner. The main level features beautiful hardwood flooring that flows seamlessly throughout the fireplaced living room with recessed lighting, formal dining room with built-ins, large primary en suite bedroom with updated bath, 2 spacious bedrooms and another updated full bath. This home is great for entertaining with an updated kitchen that opens up to a family room with vaulted ceilings. The lower level offers an additional family room, bedroom and a full bath. 2 car attached garage and private backyard set on a beautiful street in Reading.

Last Agent to Sell the Property

Stakem Team

Leading Edge Real Estate Listed on: 03/23/2022

Co-Listed By

Elizabeth Stakem

Leading Edge Real Estate

Last Buyer's Agent

Catherine Barrett

Fitzgerald & Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,695

Year Built

  • Built in 1958

Lot Details

  • 0.28

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Ranch Style House
  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,812 Sq Ft Home
  • Living Room with Fireplace
  • Bonus Room
  • Washer and Electric Dryer Hookup

Kitchen

  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms
  • Separate Shower

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Laundry in Basement

Outdoor Features

  • Patio
  • Porch

Schools

  • Coolidge Middle School
  • RMHS High School

Utilities

  • No Cooling
  • 3 Heating Zones
  • Heating System Uses Oil
  • Baseboard Heating
  • Tankless Water Heater
  • Oil Water Heater

Additional Features

  • 0.28 Acre Lot
  • Property is near schools

Listing and Financial Details

  • Assessor Parcel Number 736476

Community Details

Overview

  • No Home Owners Association

Recreation

  • Tennis Courts
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,695

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1958
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Flooring: Tile, Carpet, Hardwood, Flooring - Wall to Wall Carpet
  • Interior Amenities: Bonus Room
  • Fireplace Features: Living Room
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Range,Dishwasher,Disposal,Refrigerator, Oil Water Heater,Tank Water Heaterless, Utility Connections for Electric Range, Utility Connections for Electric Oven, Utility Connections for Electric Dryer
  • Total Bedrooms: 4
  • Room Bedroom2 Level: First
  • Room Bedroom2 Features: Flooring - Hardwood
  • Room Bedroom3 Features: Flooring - Hardwood
  • Room Bedroom3 Level: First
  • Room Bedroom4 Level: Basement
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Room Master Bedroom Features: Flooring - Hardwood
  • Room Master Bedroom Level: First
  • Master Bathroom Features: Yes
  • Bathroom 1 Features: Bathroom - Full
  • Bathroom 1 Level: First
  • Bathroom 2 Level: First
  • Bathroom 2 Features: Bathroom - Tiled With Shower Stall
  • Bathroom 3 Level: Basement
  • Room Dining Room Features: Flooring - Hardwood
  • Room Dining Room Level: First
  • Room Family Room Level: First
  • Room Family Room Features: Flooring - Hardwood
  • Room Kitchen Level: First
  • Laundry Features: In Basement, Washer Hookup
  • Room Living Room Level: First
  • Room Living Room Features: Flooring - Hardwood
  • Basement: Full, Finished, Interior Entry
  • Living Area: 1812
  • MAIN LO: AN4643
  • MAIN SO: B21201

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Patio
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Attached Garage YN: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Attached, Garage Door Opener, Paved Drive, Off Street
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
  • Cooling: None
  • Heating: Baseboard, Oil
  • Cooling Y N: No
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • SEWAGE DISTRICT: MWRA
  • HEAT ZONES: 3

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Tennis Court(s), Park, Public School
  • Senior Community YN: No

Lot Info

  • Parcel Number: 736476
  • Zoning: Res
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.28
  • Lot Size Sq Ft: 12196.8
  • Lot Size Units: Acres
  • Property Attached YN: No
  • LOT SIZE: 12256

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 8695.16

Multi Family

  • Basement Included Sq Ft: No

MLS Schools

  • High School: Rmhs
  • Middle Or Junior School: Coolidge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2022
Closed on
Jun 15, 2022
Sold by
Quinlan Maureen E
Bought by
Kingery John C and Kingery Terrie L
Seller's Agent
Stakem Team
Leading Edge Real Estate
Buyer's Agent
Catherine Barrett
Fitzgerald & Associates
List Price
$799,000
Sold Price
$875,000
Premium/Discount to List
$76,000
9.51%
Current Estimated Value
$1,012,521

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,521
Avg. Annual Appreciation
4.20%
Original Mortgage
$675,000
Outstanding Balance
$640,431
Interest Rate
5.27%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$372,090

Purchase Details

Closed on
Oct 13, 2020
Sold by
Skehan James M and Quinlan Maureen E
Bought by
Quinlan Maureen E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 26, 2008
Sold by
Ajasd Nt and Dasilva
Bought by
Skehan James M and Skehan Maureen E

Purchase Details

Closed on
Dec 22, 1987
Sold by
Trites Earl F
Bought by
Dasilva Alfonso J
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
Kingery John C $875,000 None Available
Quinlan Maureen E -- None Available
Quinlan Maureen E -- None Available
Skehan James M $435,000 --
Skehan James M $435,000 --
Dasilva Alfonso J $227,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kingery John C $675,000
Previous Owner Quinlan Maureen E $460,000
Previous Owner Dasilva Alfonso J $404,000
Previous Owner Dasilva Alfonso J $403,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2022 06/15/22 Sold $875,000 +9.5% $483 / Sq Ft
03/29/2022 03/29/22 Pending -- -- --
03/23/2022 03/23/22 For Sale $799,000 -- $441 / 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 $9,983 $876,500 $490,500 $386,000
2024 $9,867 $841,900 $471,100 $370,800
2023 $9,033 $717,500 $424,800 $292,700
2022 $8,695 $652,300 $386,200 $266,100
2021 $8,501 $615,600 $370,000 $245,600
2020 $8,173 $585,900 $352,100 $233,800
2019 $7,942 $558,100 $335,400 $222,700
2018 $7,300 $526,300 $316,300 $210,000
2017 $6,966 $496,500 $298,400 $198,100
2016 $6,584 $454,100 $267,400 $186,700
2015 $6,168 $419,600 $247,100 $172,500
2014 $5,976 $405,400 $238,700 $166,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72956446

MLS Property Information Network (MLS PIN)

APN: READ-000034-000000-000083