NOT LISTED FOR SALE

438 Summer Ave Reading, MA 01867

Estimated Value: $1,200,000 - $1,488,000

5 Beds
3 Baths
2,852 Sq Ft
$466/Sq Ft Est. Value

Last Sold June 21, 2017

Last sale price $789,000 $277 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $8,040/month

42 Days on Market

About This Home

As of June 2017

Don't miss your chance to see this stunning 5 bedroom home in Reading! Close to 3,000 sq.ft of spacious living, this home truly has everything your family has been looking for! Located perfectly within walking distance to Joshua Eaton Elementary School and within close proximity to downtown shops and restaurants. Containing a beautiful yard, this home offers plenty of space and privacy. The gorgeous updated kitchen, formal dining room, open concept living room and lovely wrap around front porch are ideal for intimate gatherings for all your friends and family. This house showcases immaculate hardwood floors, a fireplace, 5 Mitsubishi hyper heat/cooling units, ceiling fans, granite countertops, an island and breakfast nook in the kitchen, as well as stainless steel appliances. Upstairs you will find 5 generously sized bedrooms, inclusive of the finished third floor with spa like master ensuite. With a 2 car garage and plenty of off-street parking, this home is a must see!

Last Agent to Sell the Property

Andersen Group Realty

Keller Williams Realty Boston Northwest Listed on: 02/20/2017

Keller Williams Realty Boston Northwest

Last Buyer's Agent

Christine Pomer

Coldwell Banker Realty - Lexington

Coldwell Banker Realty - Lexington

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,174

Year Built

1920

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Victorian
  • Other Agent: 2.50
  • Lead Paint: Unknown
  • Year Round: Yes
  • Year Built Description: Actual
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1920

Interior Features

  • Has Basement: Yes
  • Fireplaces: 1
  • Number of Rooms: 8
  • Amenities: Public Transportation, Shopping, Park, Highway Access, Private School, Public School
  • Flooring: Tile, Hardwood
  • Insulation: Blown In, Spray Foam
  • Basement: Full
  • Bedroom 2: Second Floor
  • Bedroom 3: Second Floor
  • Bedroom 4: Second Floor
  • Bedroom 5: Third Floor
  • Bathroom #1: First Floor
  • Bathroom #2: Second Floor
  • Bathroom #3: Third Floor
  • Kitchen: First Floor
  • Laundry Room: Basement
  • Living Room: First Floor
  • Master Bedroom: Second Floor
  • Master Bedroom Description: Ceiling Fan(s), Closet, Flooring - Hardwood, Window(s) - Picture
  • Dining Room: First Floor
  • No Bedrooms: 5
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Lo: BB5817
  • Main So: K95001
  • Estimated Sq Ft: 2852.00

Exterior Features

  • Exterior: Asbestos
  • Exterior Features: Porch
  • Foundation: Fieldstone

Garage/Parking

  • Garage Parking: Detached
  • Garage Spaces: 2
  • Parking: Off-Street
  • Parking Spaces: 6

Utilities

  • Heat Zones: 2
  • Hot Water: Natural Gas
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Schools

  • Elementary School: Joshua Eaton
  • Middle School: Parker
  • High School: Reading High

Lot Info

  • Zoning: S15
  • Acre: 0.29
  • Lot Size: 12797.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 13, 1994
Sold by
Engeriser Paul T and Moody Lisa I
Bought by
Clay Robert H and Cogan Ruth L
Current Estimated Value
$1,330,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 31, 1992
Sold by
Sullivan Thomas F and Sullivan Judith A
Bought by
Engeriser Paul T and Moody Lisa I

Purchase Details

Closed on
Feb 14, 1989
Sold by
Frazier Dorothea I
Bought by
Sullivan Thomas F
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Clay Robert H $256,000 --
Engeriser Paul T $242,000 --
Sullivan Thomas F $230,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sullivan Thomas F $100,000
Closed Sullivan Thomas F $30,000
Closed Sullivan Thomas F $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2017 06/21/17 Sold $789,000 +1.3% $277 / Sq Ft
04/03/2017 04/03/17 Pending -- -- --
03/27/2017 03/27/17 For Sale $779,000 0.0% $273 / Sq Ft
02/28/2017 02/28/17 Pending -- -- --
02/20/2017 02/20/17 For Sale $779,000 +29.5% $273 / Sq Ft
05/16/2013 05/16/13 Sold $601,500 +4.6% $271 / Sq Ft
04/12/2013 04/12/13 Pending -- -- --
04/08/2013 04/08/13 For Sale $574,900 -- $259 / 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 $12,174 $1,068,800 $492,500 $576,300
2024 $12,036 $1,027,000 $473,100 $553,900
2023 $11,668 $926,800 $426,600 $500,200
2022 $11,240 $843,200 $387,800 $455,400
2021 $11,134 $806,200 $371,600 $434,600
2020 $10,707 $767,500 $353,600 $413,900
2019 $10,406 $731,300 $336,800 $394,500
2018 $9,570 $690,000 $317,600 $372,400
2017 $9,139 $651,400 $299,700 $351,700
2016 $8,964 $618,200 $311,900 $306,300
2015 $7,816 $531,700 $284,900 $246,800
2014 $7,831 $531,300 $282,000 $249,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72120712

MLS Property Information Network (MLS PIN)

APN: READ-000007-000000-000245