NOT LISTED FOR SALE

493 Franklin St Reading, MA 01867

Estimated Value: $789,048 - $901,000

3 Beds
1.5 Baths
1,670 Sq Ft
$500/Sq Ft Est. Value

Last Sold June 01, 2022

Last sale price $700,000 $419 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,959/month

5 Days on Market

Highlights

  • Golf Course Community
  • Family Room with Fireplace
  • Wood Flooring
  • Wood End Elementary School Rated A-
  • Raised Ranch Architecture
  • 2 Car Attached Garage

About This Home

As of June 2022

Perched on a beautiful 1/2 acre lot sits this Solid Embankment Ranch featuring 3 bedrooms 1.5 baths and hardwood floors throughout. What can be seen is a home with incredible potential, but in need of updates throughout. What cannot be seen is the love, laughter and tears these four walls has seen over the past 54 years! Large Living room has fireplace and built-ins, full bath and three generously sized bedrooms complete the first floor. The lower level features an oversized family room also with fireplace and closet for the potential of a 4th bedroom if needed. The LL laundry room has 1/2 bath plus exterior shower and laundry area. 2 car garage! This family home is close proximity to Meadowbrook Country Club & Wood End Elementary School, and close proximity to major routes.

Last Agent to Sell the Property

Chuha & Scouten Team

Leading Edge Real Estate Listed on: 04/06/2022

Co-Listed By

Lynne Scouten

Leading Edge Real Estate

Last Buyer's Agent

Amber D'ambrosio

Cameron Prestige, LLC

Cameron Prestige, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,866

Year Built

  • Built in 1961

Lot Details

  • 0.46 Acre Lot
  • Property is zoned S20

Parking

  • 2 Car Attached Garage
  • Tuck Under Parking
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Raised Ranch Architecture
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,670 Sq Ft Home
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace

Kitchen

  • Oven
  • Built-In Range
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor

Laundry

  • Dryer
  • Washer

Partially Finished Basement

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

Location

  • Property is near schools

Schools

  • Wood End Elementary School
  • Coolidge Middle School
  • RMHS High School

Utilities

  • No Cooling
  • 2 Heating Zones
  • Heating System Uses Oil
  • Baseboard Heating
  • 100 Amp Service
  • Oil Water Heater

Community Details

  • Golf Course Community

Listing and Financial Details

  • Assessor Parcel Number M:038.000000173.0,737281

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,866

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Raised Ranch
  • Year Built: 1961
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Flooring: Wood, Tile, Carpet
  • Fireplace Features: Family Room, Living Room
  • Fireplace YN: Yes
  • Fireplaces: 2
  • Appliances: Oven,Dishwasher,Countertop Range,Refrigerator,Washer,Dryer, Oil Water Heater
  • Total Bedrooms: 3
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Closet, Flooring - Hardwood
  • Room Bedroom3 Features: Closet, Flooring - Hardwood
  • Room Bedroom3 Level: Second
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Room Master Bedroom Features: Closet, Flooring - Hardwood
  • Room Master Bedroom Level: Second
  • Master Bathroom Features: No
  • Bathroom 1 Features: Bathroom - Full
  • Bathroom 1 Level: First
  • Bathroom 2 Level: Basement
  • Bathroom 2 Features: Bathroom - Half
  • Room Dining Room Features: Flooring - Hardwood
  • Room Dining Room Level: First
  • Room Family Room Level: Basement
  • Room Family Room Features: Flooring - Wall to Wall Carpet
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Stone/Ceramic Tile
  • Laundry Features: Flooring - Wall to Wall Carpet, In Basement
  • Room Living Room Level: First
  • Room Living Room Features: Flooring - Hardwood
  • Basement: Full, Partially Finished, Interior Entry, Garage Access
  • Accessibility Features: No
  • Living Area: 1670
  • MAIN LO: AN4643
  • MAIN SO: AN4281

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • 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, Under, Paved Drive, Off Street, Paved
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Baseboard, Oil
  • Cooling Y N: No
  • Electric: 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • SEWAGE DISTRICT: MWRA
  • HEAT ZONES: 2

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, House of Worship, Public School, Sidewalks
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:038.000000173.0,737281
  • Zoning: S20
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.46
  • Lot Size Sq Ft: 20037.6
  • Lot Size Units: Acres
  • Property Attached YN: No
  • LOT SIZE: 20069

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7866

Multi Family

  • Basement Included Sq Ft: No

MLS Schools

  • High School: Rmhs
  • Elementary School: Wood End
  • Middle Or Junior School: Coolidge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 7, 2024
Sold by
Teehan Michael J and Teehan Stephanie M
Bought by
Teehan Michael J and Teehan Stephanie M
Current Estimated Value
$818,000

Purchase Details

Closed on
Nov 26, 2014
Sold by
Adreani Patricia I
Bought by
Patricia I Adreani T I and Patricia Adreani

Purchase Details

Closed on
Jul 9, 1968
Bought by
Patricia I Adreani T
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Teehan Michael J -- None Available
Teehan Michael J -- None Available
Patricia I Adreani T I -- --
Patricia I Adreani T $30,000 --
Patricia I Adreani T I -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Patricia I Adreani T $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/01/2022 06/01/22 Sold $700,000 +16.7% $419 / Sq Ft
04/12/2022 04/12/22 Pending -- -- --
04/06/2022 04/06/22 For Sale $599,900 -- $359 / 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 $8,539 $749,700 $491,300 $258,400
2024 $8,519 $726,900 $476,400 $250,500
2023 $8,283 $657,900 $415,000 $242,900
2022 $7,866 $590,100 $372,200 $217,900
2021 $7,906 $572,500 $357,300 $215,200
2020 $7,826 $561,000 $350,100 $210,900
2019 $7,605 $534,400 $333,500 $200,900
2018 $6,921 $499,000 $311,400 $187,600
2017 $6,694 $477,100 $297,700 $179,400
2016 $6,538 $450,900 $283,400 $167,500
2015 $6,125 $416,700 $261,900 $154,800
2014 $5,936 $402,700 $253,100 $149,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72962943

MLS Property Information Network (MLS PIN)

APN: READ-000038-000000-000173