NOT LISTED FOR SALE

5 Old Mill Ln Reading, MA 01867

Estimated Value: $789,000 - $1,076,000

4 Beds
2.5 Baths
2,457 Sq Ft
$386/Sq Ft Est. Value

Sale Details

Date Sold: February 14, 2024

Last sale price $860,000 $350 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $5,980 / mo

28 Days on Market

Highlights

  • Golf Course Community
  • Colonial Architecture
  • Wood Flooring
  • Wood End Elementary School Rated A-
  • Deck
  • Solid Surface Countertops

About This Home

As of February 2024

Welcome to Old Mill Village. Come see this beautiful Colonial style home located on a private cul-de-sac nestled in this small community. This colonial has 7 rooms, 4 bedrooms, and 2.5 baths. Great open floor plan featuring dining room with french doors and hardwood floors. Open kitchen area with island and slider overlooking the wooded private back yard. Large primary bedroom with walk in closet and full bathroom. Flexible bonus room in the basement can be either family room, gym area, or office. This home is conveniently located within minutes to route 93 for easy highway access.

Last Agent to Sell the Property

Dan O'Connell

LAER Realty Partners Listed on: 11/27/2023

LAER Realty Partners

Last Buyer's Agent

Lina Clinton

Corcoran Property Advisors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,616

Year Built

  • Built in 1998

Lot Details

  • 5,078 Sq Ft Lot
  • Property fronts a private road
  • Cul-De-Sac
  • Private Streets
  • Street terminates at a dead end
  • Level Lot
  • Property is zoned PRD

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Tuck Under Parking
  • Parking Storage or Cabinetry
  • Garage Door Opener
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,457 Sq Ft Home
  • Light Fixtures
  • Insulated Windows
  • French Doors
  • Sliding Doors
  • Insulated Doors
  • Living Room with Fireplace
  • Basement Fills Entire Space Under The House
  • Attic Access Panel

Kitchen

  • Range
  • Microwave
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • 1 Cooling Zone
  • 1 Heating Zone
  • Heating System Uses Oil
  • 100 Amp Service

Additional Features

  • Deck
  • Property is near schools

Listing and Financial Details

  • Assessor Parcel Number M:056.000000082.0,738129

Community Details

Overview

  • Old Mill Lane Subdivision

Amenities

  • Shops

Recreation

  • Golf Course Community
  • Park
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,616

Year Built

Built in 1998

Lot Details

5,078 Sq Ft Lot

HOA Fees

$150 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Colonial
  • Year Built: 1998
  • Subdivision Name: Old Mill Lane
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Wood, Tile, Carpet, Hardwood
  • Door Features: Insulated Doors
  • Fireplace Features: Living Room
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Range,Disposal,Microwave,Refrigerator,Washer,Dryer
  • Total Bedrooms: 4
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Closet, Flooring - Wall to Wall Carpet
  • Room Bedroom3 Features: Closet, Flooring - Wall to Wall Carpet
  • Room Bedroom3 Level: Second
  • Room Bedroom4 Level: Second
  • Room Bedroom4 Features: Attic Access
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Room Master Bedroom Features: Bathroom - Full, Walk-In Closet(s), Flooring - Wall to Wall Carpet
  • Room Master Bedroom Level: Second
  • Master Bathroom Features: Yes
  • Bathroom 1 Features: Bathroom - Half, Flooring - Stone/Ceramic Tile
  • Bathroom 2 Features: Bathroom - Full, Flooring - Stone/Ceramic Tile
  • Bathroom 3 Features: Bathroom - Full, Flooring - Stone/Ceramic Tile
  • Room Dining Room Features: Flooring - Hardwood, French Doors
  • Room Dining Room Level: Main,First
  • Room Family Room Level: Basement
  • Room Family Room Features: Closet, Flooring - Stone/Ceramic Tile
  • Room Kitchen Level: Main,First
  • Room Kitchen Features: Flooring - Hardwood, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Kitchen Island, Slider, Lighting - Overhead
  • Room Living Room Level: Main,First
  • Room Living Room Features: Flooring - Hardwood, Flooring - Wood
  • Basement: Full
  • Accessibility Features: No
  • Living Area: 2457
  • Spa YN: No
  • Window Features: Insulated Windows
  • MAIN LO: AN1199
  • MAIN SO: AN6181
  • Insulation: Full

Exterior Features

  • Exterior Features: Deck - Wood
  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Patio And Porch Features: Deck - Wood
  • Road Frontage Type: Private Road, Dead End
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: 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: Under, Garage Door Opener, Storage, Paved Drive, Off Street, Driveway, Paved
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Oil
  • Cooling Y N: Yes
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association Fee: 150
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Shopping, Park, Walk/Jog Trails, Golf, Highway Access, House of Worship, Public School
  • Senior Community YN: No
  • REQD OWN ASSOCIATION: Yes
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Parcel Number: M:056.000000082.0,738129
  • Zoning: PRD
  • Farm Land Area Units: Square Feet
  • Lot Features: Cul-De-Sac, Level
  • Lot Size Acres: 0.12
  • Lot Size Sq Ft: 5078
  • Lot Size Units: Acres
  • Property Attached YN: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 9616

Multi Family

  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2023
Closed on
Feb 14, 2024
Sold by
Rao Ananda and Rao Sulekha A
Bought by
Dimarino Robert and Dimarino Katrina M
Seller's Agent
Dan O'Connell
LAER Realty Partners
Buyer's Agent
Lina Clinton
Corcoran Property Advisors
List Price
$899,900
Sold Price
$860,000
Premium/Discount to List
-$39,900
-4.43%
Views
165
Current Estimated Value
$948,323

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,323
Avg. Annual Appreciation
4.59%
Original Mortgage
$688,000
Outstanding Balance
$671,761
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$276,562

Purchase Details

Listed on
Mar 18, 2015
Closed on
May 18, 2015
Sold by
Yu Jun and Duan Penggao
Bought by
Rao Ananda and Rao Sulekha A
Seller's Agent
Terri Goodridge
Coldwell Banker Realty - Andovers/Readings Regional
Buyer's Agent
'Robert Corwin
Century 21 North East
List Price
$639,000
Sold Price
$588,000
Premium/Discount to List
-$51,000
-7.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.44%
Original Mortgage
$470,400
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 21, 2009
Sold by
Busook Sandra
Bought by
Yu Jun

Purchase Details

Closed on
Jun 10, 1998
Sold by
Gonsalves Richard
Bought by
Yu Jun
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
Dimarino Robert $860,000 None Available
Rao Ananda $588,000 --
Yu Jun $499,900 --
Yu Jun $499,900 --
Yu Jun $128,000 --
Yu Jun $128,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dimarino Robert $688,000
Previous Owner Rao Ananda $470,400
Previous Owner Yu Jun $390,000
Previous Owner Yu Jun $396,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/14/2024 02/14/24 Sold $860,000 -4.4% $350 / Sq Ft
12/26/2023 12/26/23 Pending -- -- --
12/16/2023 12/16/23 For Sale $899,900 0.0% $366 / Sq Ft
12/05/2023 12/05/23 Pending -- -- --
11/27/2023 11/27/23 For Sale $899,900 +53.0% $366 / Sq Ft
05/18/2015 05/18/15 Sold $588,000 0.0% $287 / Sq Ft View Prior Sale
04/28/2015 04/28/15 Pending -- -- --
04/17/2015 04/17/15 Off Market $588,000 -- --
04/10/2015 04/10/15 Price Changed $599,900 -3.2% $293 / Sq Ft
03/30/2015 03/30/15 Price Changed $619,900 -3.0% $303 / Sq Ft
03/18/2015 03/18/15 For Sale $639,000 -- $312 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $10,044 $881,800 $440,200 $441,600
2024 $9,929 $847,200 $422,900 $424,300
2023 $9,616 $763,800 $381,300 $382,500
2022 $9,256 $694,400 $346,600 $347,800
2021 $11,595 $679,200 $332,100 $347,100
2020 $9,017 $646,400 $316,100 $330,300
2019 $8,761 $615,700 $301,100 $314,600
2018 $11,277 $580,600 $283,900 $296,700
2017 $7,684 $547,700 $267,800 $279,900
2016 $8,014 $552,700 $240,000 $312,700
2015 $7,941 $540,200 $221,800 $318,400
2014 $7,693 $521,900 $214,300 $307,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73183012

MLS Property Information Network (MLS PIN)

APN: READ-000056-000000-000082

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