NOT LISTED FOR SALE

5 Grand St Reading, MA 01867

Estimated Value: $642,000 - $1,154,811

6 Beds
3 Baths
3,179 Sq Ft
$307/Sq Ft Est. Value

Last Sold September 09, 2020

Last sale price $760,000 $239 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $6,128/month

5 Days on Market

Highlights

  • Wood Flooring
  • Alice M. Barrows Elementary School Rated A-
  • Porch

About This Home

As of September 2020

This spacious two unit Colonial style home is situated in a prime commuter location. Easy access to the commuter rail, bus, town center and all major routes. 1st level unit offers a nice foyer with a good size living room, dining room with a built-in hutch, 2 bedrooms, one full bath, kitchen, pantry and access to the rear entry. 2nd level offers a similar layout with the additional bonus of a large third floor. Generous size front to back living and dining rooms with a china cabinet, two bedrooms , kitchen, pantry, mudroom/foyer and a full bath. The third floor has 2 additional bedrooms, an office that could be a third bedroom, a large play room with cathedral ceilings & skylight plus a 3/4 bath.( Second floor unit has a separate heating system for each floor) A two car garage, front porch, hardwood floors, nice woodwork and wainscoting , front and back staircases and a full basement for storage. All utilities other than water is separate.

Last Agent to Sell the Property

Sumi Sinnatamby

Berkshire Hathaway HomeServices Commonwealth Real Estate Listed on: 07/17/2020

Berkshire Hathaway HomeServices Commonwealth Real Estate

Last Buyer's Agent

Jen Overberg

Cameron Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,939

Year Built

  • Built in 1919

Lot Details

  • 6,098

Parking

  • 2 Car Garage

Flooring

  • Wood
  • Vinyl

Additional Features

  • Porch
  • Year Round Access
  • Natural Gas Water Heater
  • Basement

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,939

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 235.89
  • Comp Based On: Net Sale Price
  • Year Built: 1919
  • Lead Paint: Unknown
  • Year Round: Yes
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1919

Interior Features

  • Flooring: Wood, Vinyl, Hardwood
  • Total Flrs: 3
  • No Bedrooms: 6
  • Total Brs: 6
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 14
  • Basement: Y
  • Basement Features: Full
  • Main Lo: AN4870
  • Main So: NB5336
  • Estimated Sq Ft: 3179.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Porch
  • Foundation: Fieldstone

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 4
  • Garage Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Highway Access, Private School, Public School, T-Station

Schools

  • Elementary School: School Dept
  • Middle School: Parker
  • High School: RMHS

Lot Info

  • Assessments: 654200.00
  • Acre: 0.14
  • Lot Size: 6105.00
  • Page: 568
  • Zoning: RES
  • Lot Description: Paved Drive

Multi Family

  • Total Levels: 3
  • Total Rms: 14
  • No Units: 2
  • Mf Type: 2 Family - 2 Units Up/Down

Tax Info

  • Taxes: 9126.09

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 8, 2021
Sold by
Overberg John and Overberg Zhen
Bought by
Grand Residential Llc
Current Estimated Value
$974,703

Purchase Details

Closed on
May 8, 2003
Sold by
Bramante-Indelicato Donna and Indelicato John D
Bought by
Davis William R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$414,750
Interest Rate
5.93%
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
Grand Residential Llc -- None Available
Davis William R $553,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Overberg John $646,000
Previous Owner Alvarado Vanessa $470,900
Previous Owner Indelicato John D $360,000
Previous Owner Davis William R $414,750
Previous Owner Indelicato John D $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2020 09/09/20 Sold $760,000 +1.3% $239 / Sq Ft
07/22/2020 07/22/20 Pending -- -- --
07/17/2020 07/17/20 For Sale $749,900 +35.4% $236 / Sq Ft
12/23/2012 12/23/12 Sold $554,000 -1.8% $177 / Sq Ft
11/23/2012 11/23/12 Pending -- -- --
09/10/2012 09/10/12 For Sale $564,000 -- $180 / 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 $9,939 $872,600 $434,100 $438,500
2024 $10,056 $858,000 $426,800 $431,200
2023 $10,182 $808,700 $402,100 $406,600
2022 $9,871 $740,500 $367,900 $372,600
2021 $9,334 $675,900 $317,300 $358,600
2020 $9,126 $654,200 $307,000 $347,200
2019 $8,733 $613,700 $287,900 $325,800
2018 $8,106 $584,400 $274,000 $310,400
2017 $7,896 $562,800 $255,900 $306,900
2016 $8,081 $557,300 $284,700 $272,600
2015 $7,872 $535,500 $263,100 $272,400
2014 $7,700 $522,400 $254,200 $268,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72693734

MLS Property Information Network (MLS PIN)

APN: READ-000021-000000-000090