PENDING
$50K PRICE DROP
51 Red Gate Ln Reading, MA 01867
Estimated payment $7,357/month
Total Views
10,246
4
Beds
2.5
Baths
2,985
Sq Ft
$385
Price per Sq Ft
Highlights
- Golf Course Community
- Colonial Architecture
- Property is near public transit
- Joshua Eaton Elementary School Rated A-
- Deck
- Living Room with Fireplace
About This Home
LOCATION LOCATION LOCATION! This CORNER lot Colonial sits in one of Reading's most DESIRABLE west-side neighborhoods! Offering 4 generously sized BRs, 2.5 baths, a sun-drenched heated four-season family room, formal LR w/fireplace, DR, kitchen, study with fireplace and a large partially finished basement w/office area and playroom. Just a one-minute walk to TOP-RATED Joshua Eaton elementary school (and playground) makes this storybook location a perfect place to plant roots. Recent updates include: brand new main bathroom w/tiled shower, updated primary bath, newly sanded and stained hardwood floors & fresh neutral paint. Exterior of home has been scraped, sanded, and painted. ATTACHED two-car garage has ample space to fit two SUV's and all the extras! Plenty of landscape surrounds this home for privacy. Outdoor entertaining on deck & patio. Enjoy quiet morning walks or evening bike rides amongst friendly neighbors. Easy walk to town center or train station. Move right in!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,193
Year Built
- Built in 1969
Lot Details
- 10,663 Sq Ft Lot
- Near Conservation Area
- Property is zoned S15
Parking
- 2 Car Attached Garage
- Parking Storage or Cabinetry
- Garage Door Opener
- Driveway
- Open Parking
- Off-Street Parking
Home Design
- Colonial Architecture
- Block Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- Decorative Lighting
- Living Room with Fireplace
- 2 Fireplaces
- Home Office
- Play Room
- Utility Room with Study Area
Kitchen
- Range
- Dishwasher
- Trash Compactor
Flooring
- Wood
- Wall to Wall Carpet
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary bedroom located on second floor
- Walk-In Closet
- Bathtub with Shower
- Separate Shower
Laundry
- Laundry on main level
- Washer Hookup
Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Outdoor Features
- Balcony
- Deck
- Patio
Location
- Property is near public transit
- Property is near schools
Schools
- Joshuah Eaton Elementary School
- Parker Middle School
- RMHS High School
Utilities
- Central Air
- 1 Cooling Zone
- 2 Heating Zones
- Heating System Uses Oil
- Baseboard Heating
- 200+ Amp Service
- Water Heater
Listing and Financial Details
- Assessor Parcel Number M:007.000000179.0,731144
Community Details
Overview
- No Home Owners Association
- West Side Reading Subdivision
Amenities
- Shops
- Coin Laundry
Recreation
- Golf Course Community
- Tennis Courts
- Community Pool
- Park
- Jogging Path
Map
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Home Values in the Area
Average Home Value in this Area
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 | $11,057 | $970,800 | $554,500 | $416,300 |
| 2024 | $11,193 | $955,000 | $545,500 | $409,500 |
| 2023 | $10,533 | $836,600 | $477,900 | $358,700 |
| 2022 | $10,520 | $789,200 | $450,800 | $338,400 |
| 2021 | $10,315 | $746,900 | $412,500 | $334,400 |
| 2020 | $9,906 | $710,100 | $392,200 | $317,900 |
| 2019 | $4,894 | $667,200 | $368,500 | $298,700 |
| 2018 | $8,662 | $624,500 | $344,900 | $279,600 |
| 2017 | $4,633 | $612,200 | $338,100 | $274,100 |
| 2016 | $9,071 | $625,600 | $333,800 | $291,800 |
| 2015 | $8,360 | $568,700 | $303,400 | $265,300 |
| 2014 | $8,383 | $568,700 | $303,400 | $265,300 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/27/2025 05/27/25 | Pending | -- | -- | -- |
| 05/21/2025 05/21/25 | Price Changed | $1,149,900 | -4.2% | $385 / Sq Ft |
| 05/10/2025 05/10/25 | For Sale | $1,200,000 | 0.0% | $402 / Sq Ft |
| 05/05/2025 05/05/25 | Pending | -- | -- | -- |
| 04/30/2025 04/30/25 | For Sale | $1,200,000 | -- | $402 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $569,000 | -- | |
| Deed | $459,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $325,500 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $100,000 | Credit Line Revolving | |
| Closed | $389,000 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $443,000 | No Value Available | |
| Closed | $417,000 | Purchase Money Mortgage | |
| Closed | $38,200 | No Value Available | |
| Previous Owner | $275,000 | No Value Available | |
| Previous Owner | $275,000 | Purchase Money Mortgage | |
| Previous Owner | $150,000 | No Value Available |
Source: Public Records
Similar Homes in Reading, MA
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73366637
APN: READ-000007-000000-000179
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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