NOT LISTED FOR SALE

512 Summer Ave Reading, MA 01867

Estimated Value: $733,486 - $823,000

3 Beds
1 Bath
1,524 Sq Ft
$501/Sq Ft Est. Value

Last Sold March 22, 2019

Last sale price $462,300 $303 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $4,565/month

15 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Heating System Uses Steam
  • Joshua Eaton Elementary School Rated A-

About This Home

As of March 2019

Commuter's Dream! Move-in ready starter home! Charming cedar-shake cape with possibility to make smart upgrades over time. The 1st floor offers hardwood floors throughout, a spacious greeting room, recessed lighting, eat-in kitchen, formal dining room, updated full bathroom, 3rd bedroom/office, & a lovely family room! The family room is the gem of the home w/ its centrally located working fireplace & wall-to-wall windows overlooking conservation land and gorgeous country-like seasonal views from a convenient suburban location! The 2nd floor has 2 cozy bedrooms, both w/ hardwood floors & one with a sun-drenched cedar-lined window seat. The semi-finished basement w/ built-in storage & cedar closet has so much potential...workout room, workshop, man cave...you decide! 2008 HE furnace, burner & boiler replaced in 2018! 200 amp electrical. Tons of shopping nearby! Easy access to highways, approx.1 mile to Reading Commuter station and 12 miles to Boston!

Last Agent to Sell the Property

Blink Estates Group

eXp Realty Listed on: 01/23/2019

eXp Realty

Last Buyer's Agent

Penney Gould Team

Compass

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • Year Round Access
  • Property is zoned S15

Parking

  • 1 Car Garage

Kitchen

  • Range
  • Microwave

Flooring

  • Wood
  • Tile

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Rain Gutters

Utilities

  • Window Unit Cooling System
  • Heating System Uses Steam
  • Heating System Uses Oil
  • Electric Water Heater

Additional Features

  • Basement

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Cape
  • Other Agent: 1.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 311.68
  • Comp Based On: Net Sale Price
  • Year Built: 1940
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1940

Interior Features

  • Fireplaces: 1
  • Flooring: Tile, Hardwood
  • Appliances: Range, Microwave, Refrigerator, Washer, Dryer
  • No Bedrooms: 3
  • Master Bedroom: On Level: Second Floor, Closet/Cabinets - Custom Built, Flooring - Hardwood
  • Bedroom 2: On Level: Second Floor, Closet, Flooring - Hardwood
  • Bedroom 3: On Level: First Floor, Closet, Flooring - Hardwood
  • Full Bathrooms: 1
  • Bathroom 1: On Level: First Floor, Flooring - Stone/Ceramic Tile
  • No Rooms: 7
  • Dining Room: On Level: First Floor, Flooring - Hardwood
  • Kitchen: On Level: First Floor, Flooring - Hardwood
  • Living Room: On Level: First Floor, Fireplace, Flooring - Hardwood
  • Basement: Y
  • Basement Features: Partially Finished
  • Other Room 2: Name: Foyer, On Level: First Floor, Flooring - Hardwood
  • Other Room 3: Name: Workshop, On Level: Basement
  • Main Lo: AN1405
  • Main So: AN2383
  • Estimated Sq Ft: 1524.00

Exterior Features

  • Roof Material: Asphalt/Fiberglass Shingles, Rubber
  • Exterior: Shingles, Wood
  • Exterior Features: Deck - Wood, Gutters
  • Foundation: Concrete Block

Garage/Parking

  • Parking Feature: Tandem
  • Parking Spaces: 2
  • Garage Parking: Attached
  • Garage Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 200 Amps
  • Cooling: Window AC
  • Heating: Steam, Oil
  • Hot Water: Electric
  • Utility Connections: for Electric Range, for Electric Dryer, Washer Hookup

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Highway Access, Public School

Lot Info

  • Assessments: 380900.00
  • Acre: 0.36
  • Lot Size: 15498.00
  • Page: 492
  • Zoning: S15
  • Lot Description: Paved Drive

Tax Info

  • Taxes: 5283.00
  • Assessor Parcel Number: 731259

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 23, 1999
Sold by
Guptill David L
Bought by
Landon Benjamin R and Tibbetts Kathleen M
Current Estimated Value
$763,622

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,300
Outstanding Balance
$56,631
Interest Rate
7.49%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$706,991

Purchase Details

Closed on
Sep 30, 1997
Sold by
Skelley Roberta J
Bought by
Guptill David L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.47%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Landon Benjamin R $214,000 --
Guptill David L $179,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guptill David L $203,300
Previous Owner Guptill David L $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/22/2019 03/22/19 Sold $462,300 -2.7% $303 / Sq Ft
02/07/2019 02/07/19 Pending -- -- --
01/23/2019 01/23/19 For Sale $475,000 -- $312 / 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 $6,914 $607,000 $390,700 $216,300
2024 $6,834 $583,100 $375,300 $207,800
2023 $6,619 $525,700 $338,400 $187,300
2022 $6,372 $478,000 $307,700 $170,300
2021 $6,250 $452,600 $290,800 $161,800
2020 $6,109 $437,900 $281,300 $156,600
2019 $5,917 $415,800 $267,100 $148,700
2018 $5,283 $380,900 $244,700 $136,200
2017 $5,163 $368,000 $236,400 $131,600
2016 $5,469 $377,200 $248,600 $128,600
2015 $5,280 $359,200 $236,700 $122,500
2014 $4,925 $334,100 $220,200 $113,900
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72445133

MLS Property Information Network (MLS PIN)

APN: READ-000008-000000-000119