NOT LISTED FOR SALE

52 Sanborn St Unit 307 Reading, MA 01867

Estimated Value: $581,000 - $587,000

2 Beds
2 Baths
1,040 Sq Ft
1906 Built

Last Sold June 01, 2016

Last sale price $372,500 $358 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $3,701/month

9 Days on Market

About This Home

As of June 2016

Welcome to the "Old Reading Schoolhouse" - where a grand lobby, exposed brick walls and tall ceilings await! Very close to Reading center's many charming shops and restaurants & also close to the train station - leave the car at home and find a quick commute to & from Boston. Originally built in 1906 and converted to condos in 1992, this 3rd floor corner unit has been completely remodeled in the last 10 years. Inside, bask in the sunshine as you enjoy the fabulous eastern and southern exposure views. 2 bedrooms, 2 full baths, and the open concept kitchen, living room, & dining room areas offer all the space you need, while also providing the low-maintenance lifestyle you want. Enjoy hardwood and tiled floors throughout, granite kitchen and baths, and stainless appliances. Everything has been redone in recent years - including the 18 month young HVAC system. Impeccably maintained and ready for you to move in!

Last Agent to Sell the Property

Ray Durling

Leading Edge Real Estate Listed on: 02/23/2016

Last Buyer's Agent

Kevin Sexton

William Raveis R.E. & Home Services

William Raveis R.E. & Home Services

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,676

Year Built

1906

Lot Details

0

Listing Details

  • Unit Level: 3
  • Unit Placement: Middle, Corner, Back
  • Property Type: Condominium/Co-Op
  • Other Agent: 1.00
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1906

Interior Features

  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
  • Fireplaces: 1
  • Has Basement: No
  • Fireplaces: 1
  • Primary Bathroom: Yes
  • Number of Rooms: 4
  • Amenities: Public Transportation, Shopping, House of Worship
  • Electric: Circuit Breakers, 100 Amps
  • Energy: Insulated Windows, Prog. Thermostat
  • Flooring: Tile, Hardwood
  • Insulation: Full
  • Interior Amenities: Cable Available
  • Bedroom 2: Third Floor, 12X11
  • Bathroom #1: Third Floor, 9X6
  • Bathroom #2: Third Floor, 7X7
  • Kitchen: Third Floor, 9X8
  • Laundry Room: Third Floor, 3X3
  • Living Room: Third Floor, 21X17
  • Master Bedroom: Third Floor, 15X9
  • Master Bedroom Description: Bathroom - Full, Closet - Walk-in, Flooring - Hardwood, Cable Hookup
  • No Living Levels: 1

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Brick
  • Exterior: Brick
  • Exterior Unit Features: City View(s)

Garage/Parking

  • Parking: Off-Street, Deeded, Guest, Paved Driveway
  • Parking Spaces: 1

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Cooling Zones: 1
  • Heat Zones: 1
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Gas Oven, for Gas Dryer, Washer Hookup, Icemaker Connection
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Condominium Name: Old Reading Schoolhouse
  • Association Fee Includes: Water, Sewer, Master Insurance, Elevator, Exterior Maintenance, Road Maintenance, Landscaping, Snow Removal, Extra Storage, Refuse Removal
  • Association Security: Intercom
  • Management: Professional - Off Site
  • Pets Allowed: Yes
  • No Units: 40
  • Unit Building: 307

Fee Information

  • Fee Interval: Monthly

Schools

  • High School: Reading High

Lot Info

  • Zoning: Res

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2016
Closed on
Jun 1, 2016
Sold by
Mccauley Sharon J
Bought by
Drees Brian F and Drees Margaret E
Seller's Agent
Ray Durling
Leading Edge Real Estate
Buyer's Agent
Kevin Sexton
William Raveis R.E. & Home Services
List Price
$329,900
Sold Price
$372,500
Premium/Discount to List
$42,600
12.91%
Current Estimated Value
$584,329

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,829
Avg. Annual Appreciation
5.14%
Original Mortgage
$284,000
Outstanding Balance
$229,217
Interest Rate
3.59%
Mortgage Type
New Conventional
Estimated Equity
$359,597

Purchase Details

Closed on
Mar 29, 1993
Sold by
Schoolhouse Prop Lp
Bought by
Mccauley Sharon J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,205
Interest Rate
7.73%
Mortgage Type
Purchase Money Mortgage
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
Drees Brian F $372,500 --
Mccauley Sharon J $113,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Drees Brian F $284,000
Previous Owner Mccauley Sharon J $91,000
Previous Owner Mccauley Sharon J $102,000
Previous Owner Mccauley Sharon J $108,205
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2016 06/01/16 Sold $372,500 +12.9% $358 / Sq Ft
03/03/2016 03/03/16 Pending -- -- --
02/23/2016 02/23/16 For Sale $329,900 -- $317 / 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 $5,676 $498,300 $0 $498,300
2024 $6,580 $561,400 $0 $561,400
2023 $7,005 $556,400 $0 $556,400
2022 $6,817 $511,400 $0 $511,400
2021 $5,380 $389,600 $0 $389,600
2020 $883 $63,300 $0 $63,300
2019 $901 $63,300 $0 $63,300
2018 $878 $63,300 $0 $63,300
2017 $3,840 $273,700 $0 $273,700
2016 $3,895 $268,600 $0 $268,600
2015 $3,681 $250,400 $0 $250,400
2014 $3,654 $247,900 $0 $247,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71962338

MLS Property Information Network (MLS PIN)

APN: READ-000021-000729-000225