NOT LISTED FOR SALE

506 Gazebo Cir Reading, MA 01867

Estimated Value: $565,000 - $633,000

2 Beds
1.5 Baths
1,178 Sq Ft
$507/Sq Ft Est. Value

Last Sold March 25, 2022

Last sale price $465,000 $395 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $3,601/month

Highlights

  • 1 Fireplace
  • Balcony
  • Central Heating
  • Joshua Eaton Elementary School Rated A-
  • Cooling Available
  • 1 Car Garage

About This Home

As of July 2022

Well maintained townhome located in Summit Village community with easy to access to Rt. 93 and Rt. 95, shopping, restaurants. This unit comes with 1 car garage, 2 levels living, gleaming hardwood floor throughout. The 1st floor features living and dining area with a gas fireplace, box window, open eat in kitchen, dining area leads to a private balcony, half bath. The 2nd floor includes 2 good size bedroom, master bedroom has a walk-in closet with a second private deck, washer/dryer on this floor. This home is ready to move right in.

Last Agent to Rent the Property

Wei Wang

WW Real Estate LLC Listed on: 04/16/2022

Last Renter's Agent

Wei Wang

WW Real Estate LLC Listed on: 04/16/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,698

Year Built

  • Built in 1996

Lot Details

  • 9,999

Parking

  • 1 Car Garage

Home Design

  • Property Attached
  • Entry on the 3rd floor

Interior Spaces

  • 1,178 Sq Ft Home
  • 1 Fireplace

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on third floor

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Utilities

  • Cooling Available
  • Central Heating
  • Heating System Uses Natural Gas

Additional Features

  • Balcony
  • 9,999 Sq Ft Lot

Listing and Financial Details

  • Security Deposit $2,700
  • Rent includes sewer, trash collection, snow removal, occupancy only
  • Assessor Parcel Number 730704

Community Details

Overview

  • Property has a Home Owners Association

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,698

Year Built

Built in 1996

Lot Details

0

Parking

1

Rental Info

  • Pets Allowed: No
  • Lease Term: Term of Rental(12+)
  • Available Now: Yes
  • Deposit Required: Yes
  • INSURANCE REQD: No
  • LAST MON REQD: Yes
  • REFERENCES REQD: Yes
  • SEC DEPOSIT: 2700

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Attached (Townhouse/Rowhouse/Duplex)
  • Year Built: 1996
  • Entry Level: 3
  • Year Built Details: Actual
  • CoOp Comp: 1/2 month
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour

Interior Features

  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Range,Oven,Dishwasher,Disposal,Refrigerator,Washer,Dryer
  • Total Bedrooms: 2
  • Room Bedroom2 Level: Third
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Room Master Bedroom Level: Third
  • Bathroom 1 Level: Second
  • Bathroom 2 Level: Third
  • Room Kitchen Level: Second
  • Laundry Features: Third Floor, In Unit
  • Room Living Room Level: Second
  • Living Area: 1178
  • MAIN LO: AN6181
  • MAIN SO: AN6181

Exterior Features

  • Exterior Features: Balcony
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Total Parking Spaces: 2

Utilities

  • Heating: Natural Gas, Central
  • Cooling Y N: Yes
  • Heating YN: Yes

Condo/Co-op/Association

  • Association YN: Yes
  • Rent Includes: Sewer, Trash Collection, Snow Removal, Occupancy Only

Lot Info

  • Parcel Number: 730704
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 9999
  • Lot Size Units: Acres
  • Property Attached YN: Yes

Multi Family

  • Basement Included Sq Ft: No

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2022
Closed on
Mar 18, 2022
Sold by
Mccaffery Brendan P and Mccaffrey Leisha A
Bought by
Wang Yan
Seller's Agent
John Heenan
EXIT Realty Beatrice Associates
Buyer's Agent
Wei Wang
WW Real Estate LLC
List Price
$449,000
Sold Price
$465,000
Premium/Discount to List
$16,000
3.56%
Current Estimated Value
$597,203

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,203
Avg. Annual Appreciation
7.22%

Purchase Details

Listed on
Aug 10, 2017
Closed on
Dec 5, 2017
Sold by
Madan Arun
Bought by
Mccaffery Brendan P and Mccaffery Leisha A
Seller's Agent
Nancy McLaughlin
Redfin Corp.
Buyer's Agent
John Heenan
EXIT Realty Beatrice Associates
List Price
$415,000
Sold Price
$355,000
Premium/Discount to List
-$60,000
-14.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.48%
Original Mortgage
$355,000
Interest Rate
3.88%
Mortgage Type
FHA

Purchase Details

Listed on
May 16, 2014
Closed on
Jun 6, 2014
Sold by
Scott Michael Est and Desmond
Bought by
Madan Arun
Seller's Agent
Brian Flynn
Coldwell Banker Realty - Lexington
Buyer's Agent
Neal McSweeney
Keller Williams Realty Evolution
List Price
$299,000
Sold Price
$234,000
Premium/Discount to List
-$65,000
-21.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.65%
Original Mortgage
$226,980
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 17, 2004
Sold by
Fabbri Tr Daniel W
Bought by
Fabbri Daniel W and Fabbri

Purchase Details

Closed on
Oct 27, 2003
Sold by
Fabbri Daniel W
Bought by
506 Gazebo Circle Rt and Tr

Purchase Details

Closed on
Aug 18, 2000
Sold by
Parziale Paul A and Parziale Sandra M
Bought by
Fabbri Daniel W

Purchase Details

Closed on
May 1, 2000
Sold by
Capobianco Bruce A
Bought by
Parziale Paul A and Parziale Sandra M

Purchase Details

Closed on
Feb 20, 1998
Sold by
Reading Bear Hill Lp
Bought by
Capobianco Bruce A
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
Wang Yan $465,000 None Available
Mccaffery Brendan P $355,000 --
Madan Arun $234,000 --
Madan Arun $234,000 --
Fabbri Daniel W -- --
506 Gazebo Circle Rt -- --
Fabbri Daniel W -- --
506 Gazebo Circle Rt -- --
506 Gazebo Circle Rt -- --
Fabbri Daniel W $239,500 --
Parziale Paul A $234,000 --
Capobianco Bruce A $166,955 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mccaffery Brendan P $355,000
Previous Owner Madan Arun $226,980
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/01/2022 07/01/22 Rented $2,800 0.0% --
06/04/2022 06/04/22 Under Contract -- -- --
04/16/2022 04/16/22 For Rent $2,800 0.0% --
03/25/2022 03/25/22 Sold $465,000 +3.6% $395 / Sq Ft View Prior Sale
02/17/2022 02/17/22 Pending -- -- --
02/09/2022 02/09/22 For Sale $449,000 +26.5% $381 / Sq Ft
12/05/2017 12/05/17 Sold $355,000 -1.4% $301 / Sq Ft View Prior Sale
09/29/2017 09/29/17 Pending -- -- --
09/21/2017 09/21/17 Price Changed $359,900 -7.7% $306 / Sq Ft
08/21/2017 08/21/17 Price Changed $389,900 -6.0% $331 / Sq Ft
08/10/2017 08/10/17 For Sale $415,000 +77.4% $352 / Sq Ft
06/06/2014 06/06/14 Sold $234,000 -21.7% $199 / Sq Ft View Prior Sale
05/16/2014 05/16/14 Pending -- -- --
05/16/2014 05/16/14 For Sale $299,000 -- $254 / 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 $5,698 $500,300 $0 $500,300
2024 $5,674 $484,100 $0 $484,100
2023 $5,688 $451,800 $0 $451,800
2022 $5,412 $406,000 $0 $406,000
2021 $5,304 $384,100 $0 $384,100
2020 $5,358 $384,100 $0 $384,100
2019 $5,188 $364,600 $0 $364,600
2018 $4,588 $330,800 $0 $330,800
2017 $4,527 $322,700 $0 $322,700
2016 $4,278 $295,000 $0 $295,000
2015 $4,131 $281,000 $0 $281,000
2014 $4,142 $281,000 $0 $281,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    John Heenan

    EXIT Realty Beatrice Associates

    Section Image
  • Wei Wang

    Landlord's Agent in 2022

    Wei Wang

    WW Real Estate LLC

    (781) 507-6222

    5 in this area

    87 Total Sales

    Wei Wang
    Section Image

  • B

    Seller's Agent in 2014

    Brian Flynn

    Coldwell Banker Realty - Lexington

    Section Image

  • N

    Buyer's Agent in 2014

    Neal McSweeney

    Keller Williams Realty Evolution

    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72967298

MLS Property Information Network (MLS PIN)

APN: READ-000008-000756-000087

Massachusetts Middlesex County Reading 01867

506 Gazebo Cir, Reading, MA

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