NOT LISTED FOR SALE

5 Summit Rd North Reading, MA 01864

Estimated Value: $1,185,664 - $1,300,000

3 Beds
3 Baths
3,072 Sq Ft
$411/Sq Ft Est. Value

Last Sold November 19, 2021

Last sale price $950,000 $309 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $7,773/month

5 Days on Market

Highlights

  • Cathedral Ceiling
  • Wood Flooring
  • Linen Closet
  • E Ethel Little School Rated A
  • Solid Surface Countertops
  • Wainscoting

About This Home

As of November 2021

Are you looking for privacy, quiet street, and a very well appointed house centrally located in North Reading? This home is for you, found in the award winning E Ethel Little School District, this home is set on a quiet country lane, the road is maintained and plowed by the town. This home has hardwood floors throughout the first level with a front to back living room, a large dining room that opens up to the large eat in Kitchen, adjacent to the kitchen is a large cathedral ceiling family room with a gas fireplace. The home has 3 generous bedrooms and a home office, with access to a walk up attic. The primary bedroom is en suite with a walk in closest and full bath. The basement is also finished with an exercise room and a second room that could be a play room or media room. The location is within walking distance to the new High/Middle School complex and to the center of town as well as Ipswich river park. Welcome Home!!

Last Agent to Sell the Property

Beth Clark

Coldwell Banker Realty - Andovers/Readings Regional Listed on: 09/22/2021

Coldwell Banker Realty - Andovers/Readings Regional

Last Buyer's Agent

Karen Dirocco

Keller Williams Realty Evolution

Keller Williams Realty Evolution

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,509

Year Built

  • 2004

Lot Details

  • 0.68

Parking

  • 2

Interior Spaces

  • Wainscoting
  • Cathedral Ceiling
  • Ceiling Fan

Kitchen

  • Kitchen Island
  • Solid Surface Countertops

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Primary bedroom located on second floor
  • Linen Closet
  • Walk-In Closet

Utilities

  • 2 Cooling Zones
  • 2 Heating Zones
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,509

Year Built

2004

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • Architectural Style: Colonial
  • Carport Y N: No
  • Directions: Central Street to Summit Road
  • Garage Yn: Yes
  • Efficiency: Thermostat
  • Property Attached Yn: No
  • Road Frontage Type: Public, Dead End
  • Road Surface Type: Unimproved
  • Year Built Details: Actual
  • Special Features: None
  • Year Built: 2004

Interior Features

  • Appliances: Range,Dishwasher,Microwave,Refrigerator, Electric Water Heater, Plumbed For Ice Maker, Utility Connections for Electric Range, Utility Connections for Electric Dryer
  • Has Basement: Full, Partially Finished
  • Fireplace Features: Family Room
  • 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 Master Bedroom Features: Bathroom - Full, Cathedral Ceiling(s), 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 1 Level: First
  • Bathroom 2 Level: Second
  • Bathroom 2 Features: Bathroom - Full, Flooring - Stone/Ceramic Tile
  • Bathroom 3 Features: Bathroom - Full, Closet - Linen, Flooring - Stone/Ceramic Tile
  • Bathroom 3 Level: Second
  • Room Dining Room Features: Flooring - Hardwood, Wainscoting
  • Room Dining Room Level: First
  • Room Family Room Level: Second
  • Room Family Room Features: Cathedral Ceiling(s), Ceiling Fan(s), Flooring - Hardwood, Cable Hookup
  • Room Kitchen Level: Main
  • Room Kitchen Features: Flooring - Hardwood, Pantry, Countertops - Stone/Granite/Solid, Kitchen Island
  • Room Living Room Level: First
  • Room Living Room Features: Flooring - Hardwood
  • Room Office Level: Second
  • Room Office Features: Flooring - Wall to Wall Carpet
  • MAIN LO: AN1719
  • MAIN SO: C95098
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Insulated Doors
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Tile, Carpet, Hardwood, Flooring - Wall to Wall Carpet, Flooring - Stone/Ceramic Tile
  • Interior Amenities: Home Office, Exercise Room, Media Room, Central Vacuum
  • Window Features: Insulated Windows

Exterior Features

  • Roof: Shingle
  • Exterior Features: Rain Gutters
  • Foundation Details: Concrete Perimeter
  • Construction Type: Frame
  • Disclosures: New Septic To Be Installed Prior To Closing
  • Lot Features: Wooded, Level
  • Patio And Porch Features: Deck - Composite
  • Waterfront: No

Garage/Parking

  • Parking Features: Attached, Garage Door Opener, Garage Faces Side, Paved Drive, Off Street, Paved
  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 6

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Propane
  • HEAT ZONES: 2
  • COOLING ZONES: 2
  • Cooling Y N: Yes
  • Electric: Circuit Breakers, 200+ Amp Service
  • Heating Yn: Yes
  • Laundry Features: Second Floor, Washer Hookup
  • Security: Security System
  • Sewer: Private Sewer
  • Utilities: for Electric Range, for Electric Dryer, Washer Hookup, Icemaker Connection
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Shopping, Tennis Court(s), Stable(s), Golf, House of Worship, Public School

Schools

  • Middle Or Junior School: Nrms

Lot Info

  • LOT SIZE: 29621
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 29620.8
  • Zoning: RA

Tax Info

  • Tax Annual Amount: 11050
  • Tax Block: 0000
  • Tax Book Number: 43422
  • Tax Lot: 0021.0
  • Tax Map Number: 034.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 2, 2004
Sold by
Kd Constr Llc
Bought by
Macinnis James R
Current Estimated Value
$1,262,416

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Outstanding Balance
$119,077
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,143,339
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Macinnis James R $635,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Macinnis James R $235,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2021 11/19/21 Sold $950,000 +5.7% $309 / Sq Ft
09/28/2021 09/28/21 Pending -- -- --
09/22/2021 09/22/21 For Sale $899,000 -- $293 / 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 $13,509 $1,034,400 $391,000 $643,400
2024 $13,370 $1,012,100 $368,700 $643,400
2023 $12,787 $914,000 $338,600 $575,400
2022 $11,942 $796,100 $308,000 $488,100
2021 $11,050 $707,000 $281,800 $425,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72898320

MLS Property Information Network (MLS PIN)

APN: NREA-000034-000000-000021