NOT LISTED FOR SALE

5 Fairmount Rd Reading, MA 01867

Estimated Value: $676,000 - $787,000

2 Beds
1 Bath
1,078 Sq Ft
$677/Sq Ft Est. Value

Last Sold November 12, 2019

Last sale price $505,000 $468 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $4,463/month

12 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Water Treatment System
  • Joshua Eaton Elementary School Rated A-
  • French Doors
  • Stone Wall

About This Home

As of November 2019

If ever there was a "perfect" starter home...this is it! Just move in and enjoy this quintessential Cape Cod home. Trimmed in dentil molding, this shingled, full shed cape is pretty from the street, and paints the picture of what's to come! Inside is warm, and more spacious than you'd think, with it's relatively open-concept. The dining room, complete with stunning built-in corner hutch and greenhouse window, has been opened to the updated granite and stainless kitchen with large center island. Entertaining from here is fantastic, both inside and out, as it leads to a spacious deck and excellent, level back yard. The front to back LR provides great seating space around the mantled fireplace with gas insert. Via a glass french door, you will find the "best spot" in the house...a delightful heated sun-room with expansive picture window. This space currently serves as a fantastic home office. Ideally located off the beaten path, yet ultra convenient to anywhere you need to be. Soo nice!

Last Agent to Sell the Property

Rick Nazzaro

Colonial Manor Realty Listed on: 10/02/2019

Last Buyer's Agent

Paul Vittozzi

True North Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,146

Year Built

  • Built in 1940

Lot Details

  • Year Round Access
  • Stone Wall

Parking

  • 1 Car Garage

Interior Spaces

  • Window Screens
  • French Doors
  • Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Storage Shed
  • Rain Gutters

Utilities

  • Hot Water Baseboard Heater
  • Heating System Uses Gas
  • Water Treatment System
  • Water Holding Tank
  • Natural Gas Water Heater
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,146

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Cape
  • Other Agent: 2.00
  • Year Built Description: Actual
  • List Price Per Sq Ft: 463.73
  • Comp Based On: Net Sale Price
  • Year Built: 1940
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1940

Interior Features

  • Fireplaces: 1
  • Flooring: Tile, Hardwood
  • Interior Amenities: Cable Available, French Doors
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Water Treatment
  • No Bedrooms: 2
  • Master Bedroom: On Level: Second Floor, Dimension: 19X11, Closet, Flooring - Hardwood, Lighting - Overhead
  • Bedroom 2: On Level: Second Floor, Dimension: 19X9, Closet, Flooring - Hardwood, Lighting - Sconce
  • Full Bathrooms: 1
  • Bathroom 1: On Level: Second Floor, Bathroom - Full, Bathroom - Tiled With Tub & Shower, Skylight, Ceiling - Cathedral, Flooring - Stone/Ceramic Tile, Recessed Lighting, Remodeled
  • No Rooms: 6
  • Dining Room: On Level: First Floor, Dimension: 10X11, Closet/Cabinets - Custom Built, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Open Floor Plan, Lighting - Overhead
  • Kitchen: On Level: First Floor, Dimension: 16X10, Flooring - Hardwood, Countertops - Stone/Granite/Solid, Kitchen Island, Deck - Exterior, Open Floor Plan, Remodeled, Stainless Steel Appliances, Gas Stove, Lighting - Pendant
  • Laundry: On Level: Basement
  • Living Room: On Level: First Floor, Dimension: 21X12, Fireplace, Flooring - Hardwood
  • Basement: Y
  • Basement Features: Full, Interior Access, Garage Access, Concrete Floor, Unfinished Basement
  • Other Room 1: Name: Sun Room, On Level: First Floor, Dimension: 10X9, Ceiling Fan(s), Flooring - Hardwood, Window(s) - Bay/Bow/Box, Sunken
  • Main Lo: B32911
  • Main So: AN2670
  • Estimated Sq Ft: 1078.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Shingles
  • Exterior Features: Deck - Wood, Gutters, Storage Shed, Screens, Stone Wall
  • Foundation: Concrete Block
  • Insulation Feature: Unknown

Garage/Parking

  • Parking Feature: Off-Street, Paved Driveway
  • Parking Spaces: 1
  • Garage Parking: Under
  • Garage Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers, 150 Amps
  • Heating: Hot Water Baseboard, Gas
  • Heat Zones: 1
  • Hot Water: Natural Gas, Tank
  • Utility Connections: for Electric Range, for Electric Dryer, Washer Hookup, Icemaker Connection

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Highway Access, Public School

Schools

  • Elementary School: See Super
  • Middle School: Parker MS
  • High School: RMHS

Lot Info

  • Assessments: 426200.00
  • Acre: 0.18
  • Lot Size: 7751.00
  • Page: 135
  • Zoning: Res
  • Lot Description: Paved Drive, Level

Green Features

  • Energy Features: Insulated Windows, Storm Doors

Tax Info

  • Taxes: 6064.83
  • Assessor Parcel Number: 730580

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 26, 1997
Sold by
Mahoney Mary E
Bought by
Billings Edward P
Current Estimated Value
$729,440

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
7.42%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 29, 1996
Sold by
Babin Robert L
Bought by
Mahoney Mary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
7.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 15, 1993
Sold by
Egan David F and Pannos Egan Betsy
Bought by
Babin Robert L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,000
Interest Rate
7.03%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Billings Edward P $180,000 --
Mahoney Mary E $174,000 --
Babin Robert L $147,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Babin Robert L $144,000
Previous Owner Babin Robert L $130,000
Previous Owner Babin Robert L $118,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2019 11/12/19 Sold $505,000 +1.0% $468 / Sq Ft
10/14/2019 10/14/19 Pending -- -- --
10/11/2019 10/11/19 Price Changed $499,900 -5.7% $464 / Sq Ft
10/02/2019 10/02/19 For Sale $529,900 -- $492 / 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 $7,146 $627,400 $415,200 $212,200
2024 $6,932 $591,500 $391,400 $200,100
2023 $7,093 $563,400 $372,800 $190,600
2022 $6,828 $512,200 $338,900 $173,300
2021 $6,549 $474,200 $316,300 $157,900
2020 $6,243 $447,500 $299,500 $148,000
2019 $6,065 $426,200 $285,200 $141,000
2018 $5,616 $404,900 $270,900 $134,000
2017 $5,437 $387,500 $259,300 $128,200
2016 $5,491 $378,700 $260,200 $118,500
2015 $5,301 $360,600 $247,700 $112,900
2014 $4,945 $335,500 $230,500 $105,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72573605

MLS Property Information Network (MLS PIN)

APN: READ-000008-000000-000026