NOT LISTED FOR SALE

492 Summer Ave Reading, MA 01867

Estimated Value: $1,036,760 - $1,118,000

4 Beds
3 Baths
2,054 Sq Ft
$526/Sq Ft Est. Value

Last Sold November 16, 2015

Last sale price $560,000 $273 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $6,608/month

45 Days on Market

About This Home

As of November 2015

With today's busy & hectic schedules, doesn't it make sense to live where "the gettin' to is easy?" This beautifully appointed colonial w/ 4 finished levels provides easy access to Reading's much desired schools, parks, downtown, train, & major routes...all while living on what some magazines have described as "one of the best streets in America." Close to Rt 28, you can virtually get anywhere from here!! From the "perfect" exterior w/ NEW roof, beautiful deck, hot tub, paver patio, & lush landscaping, to the spaciousness and versatility of the stunning inside, this one is "MOVE IN READY!" Gorgeous granite & stainless custom kit leads to a convenient laundry area & rear door to the yard. The lovely foyer is flanked by a pretty DR, & front to back LR w/ attractive mantled fireplace. The kids will love the downstairs game room, when the adults are using the "really cool" wet bar! Upstairs, on two floors there are 4-5 bedrooms & two baths. Teens, guests, office...it's all up to you!

Last Agent to Sell the Property

Rick Nazzaro

Colonial Manor Realty Listed on: 08/12/2015

Last Buyer's Agent

Rick Nazzaro

Colonial Manor Realty Listed on: 08/12/2015

Home Details

Home Type

Single Family

Year Built

1994

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Other Agent: 2.00
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3
  • Year Built: 1994

Interior Features

  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer, Refrigerator - Wine Storage
  • Fireplaces: 1
  • Has Basement: Yes
  • Fireplaces: 1
  • Number of Rooms: 8
  • Amenities: Public Transportation, Shopping, Park, Highway Access, Public School
  • Electric: Circuit Breakers, 200 Amps
  • Energy: Insulated Windows, Insulated Doors, Storm Doors
  • Flooring: Tile, Vinyl, Wall to Wall Carpet, Hardwood
  • Insulation: Full, Fiberglass
  • Interior Amenities: Cable Available, Wetbar
  • Basement: Full, Partially Finished, Interior Access, Bulkhead
  • Bedroom 2: Second Floor, 14X10
  • Bedroom 3: Third Floor, 10X13
  • Bedroom 4: Third Floor, 15X17
  • Bathroom #1: First Floor
  • Bathroom #2: Second Floor
  • Bathroom #3: Third Floor
  • Kitchen: First Floor, 23X11
  • Laundry Room: First Floor
  • Living Room: First Floor, 13X18
  • Master Bedroom: Second Floor
  • Master Bedroom Description: Closet - Walk-in, Flooring - Wall to Wall Carpet
  • Dining Room: First Floor, 12X12
  • Family Room: Basement, 14X18

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Composite
  • Exterior Features: Deck - Composite, Patio, Gutters, Hot Tub/Spa, Storage Shed, Sprinkler System, Screens, Fenced Yard
  • Foundation: Poured Concrete

Garage/Parking

  • Parking: Off-Street, Paved Driveway
  • Parking Spaces: 3

Utilities

  • Cooling: Central Air
  • Heating: Hot Water Baseboard, Gas
  • Cooling Zones: 1
  • Heat Zones: 4
  • Hot Water: Natural Gas, Tank
  • Utility Connections: for Gas Range, for Electric Dryer, Washer Hookup

Condo/Co-op/Association

  • HOA: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 2, 1994
Sold by
Summer Rt and Welch
Bought by
Trapeni Guy R and Trapeni Mary B
Current Estimated Value
$1,091,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,200
Interest Rate
8.44%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Trapeni Guy R $216,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trapeni Guy R $155,000
Closed Trapeni Guy R $144,500
Closed Trapeni Guy R $173,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/16/2015 11/16/15 Sold $560,000 0.0% $273 / Sq Ft
09/26/2015 09/26/15 Pending -- -- --
09/17/2015 09/17/15 Off Market $560,000 -- --
09/15/2015 09/15/15 Price Changed $569,900 -5.0% $277 / Sq Ft
08/12/2015 08/12/15 For Sale $599,900 -- $292 / 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 $10,847 $952,300 $454,500 $497,800
2024 $10,721 $914,800 $436,600 $478,200
2023 $10,385 $824,900 $393,700 $431,200
2022 $9,996 $749,900 $357,900 $392,000
2021 $6,000 $733,500 $342,900 $390,600
2020 $5,859 $698,000 $326,300 $371,700
2019 $9,462 $664,900 $310,800 $354,100
2018 $8,696 $627,000 $293,100 $333,900
2017 $8,299 $591,500 $276,500 $315,000
2016 $8,709 $600,600 $249,800 $350,800
2015 $8,407 $571,900 $237,800 $334,100
2014 $7,842 $532,000 $221,200 $310,800
Source: Public Records

Agents Affiliated with this Home

  • Rick Nazzaro

    Seller's Agent in 2015

    Rick Nazzaro

    Colonial Manor Realty

    (781) 290-7425

    113 in this area

    174 Total Sales

    Rick Nazzaro
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71888259

MLS Property Information Network (MLS PIN)

APN: READ-000007-000000-000262

Massachusetts Middlesex County Reading 01867

492 Summer Ave, Reading, MA

Not Listed for Sale

Detached

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