NOT LISTED FOR SALE

52 Sanborn St Unit 403 Reading, MA 01867

Estimated Value: $506,000 - $576,000

1 Bed
2 Baths
950 Sq Ft
1906 Built

Last Sold November 05, 2021

Last sale price $480,000 $505 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,490/month

82 Days on Market

Highlights

  • Cathedral Ceiling
  • Wood Flooring
  • Stainless Steel Appliances
  • Birch Meadow Elementary School Rated A-
  • Solid Surface Countertops
  • Skylights

About This Home

As of November 2021

Gorgeous Penthouse unit in historic Reading Schoolhouse ! Begin with gracious open foyer with old artistry carpeting. Walk into this unit and immediately be amazed at the wow factor of skylights galore. Exposed brick wall with fireplace in dining room for added ambiance. Expansive open floor plan joins a large living room. Beautiful wood floors on 1st level. Kitchen has brand new stainless appliances, quartz and granite counter tops appointed wainscoting and white cabinets. Full bath on 1st floor and washer/dryer in unit. Spiral staircase leads to expansive bedroom with double closet and full bath. 1 assigned parking space close to front door. All of this plus downtown shopping, dining, commuter rail and highway access close by ! Truly a unique experience. No showings till open house Saturday 1:30 - 3 and Sunday 1:30 - 3 with offers due Monday at 5:00.

Last Listed By

Annemarie Torcivia

Trinity Real Estate Listed on: 07/08/2021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,410

Year Built

  • 1906

Interior Spaces

  • Wainscoting
  • Coffered Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Light Fixtures

Kitchen

  • Breakfast Bar
  • Stove
  • Stainless Steel Appliances
  • Solid Surface Countertops

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Primary bedroom located on second floor
  • Dual Closets
  • Bathtub with Shower

Utilities

  • 1 Cooling Zone
  • 1 Heating Zone

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,410

Year Built

1906

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • Directions: Main - Sanborn
  • Garage Yn: No
  • Property Attached Yn: Yes
  • Structure Type: Mid-Rise
  • Year Built Details: Actual
  • Special Features: None
  • Year Built: 1906

Interior Features

  • Appliances: Range,Dishwasher,Refrigerator,Washer,Dryer, Utility Connections for Gas Range
  • Fireplace Features: Dining Room
  • Room Bedroom2 Level: Second
  • Total Bathrooms: 2
  • Room Master Bedroom Features: Bathroom - Full, Cathedral Ceiling(s), Flooring - Stone/Ceramic Tile, Flooring - Wall to Wall Carpet, Closet - Double
  • Room Master Bedroom Level: Second
  • Room Master Bedroom Area: 338
  • Master Bathroom Features: Yes
  • Bathroom 1 Area: 40
  • Bathroom 1 Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Countertops - Stone/Granite/Solid
  • Bathroom 1 Level: First
  • Bathroom 2 Level: Second
  • Bathroom 2 Area: 50
  • Bathroom 2 Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
  • Room Dining Room Features: Skylight, Ceiling Fan(s), Flooring - Hardwood, Wainscoting
  • Room Dining Room Level: First
  • Room Dining Room Area: 154
  • Room Kitchen Level: First
  • Room Kitchen Features: Coffered Ceiling(s), Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Recessed Lighting, Stainless Steel Appliances, Gas Stove, Lighting - Overhead
  • Room Kitchen Area: 81
  • Room Living Room Level: First
  • Room Living Room Area: 224
  • Room Living Room Features: Skylight, Ceiling Fan(s), Flooring - Hardwood, Wainscoting
  • MAIN LO: AN6934
  • LIST PRICE PER Sq Ft: 505.26
  • PRICE PER Sq Ft: 505.26
  • MAIN SO: B32911
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Wood, Stone / Slate
  • Stories: 2

Exterior Features

  • Roof: Shingle
  • Exterior Features: Professional Landscaping
  • Common Walls: No One Above
  • Construction Type: Brick
  • Disclosures: See Lb
  • Waterfront: No

Garage/Parking

  • Parking Features: Off Street, Assigned
  • Total Parking Spaces: 1

Utilities

  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • HEAT ZONES: 1
  • COOLING ZONES: 1
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating Yn: Yes
  • Laundry Features: In Unit
  • Security: Intercom
  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Water Source: Public

Condo/Co-op/Association

  • UNIT BUILDING: 403
  • MANAGEMENT: Professional - Off Site
  • Amenities: Elevator(s)
  • Association Fee: 331
  • Association: Yes
  • Community Features: Public Transportation, Shopping, Highway Access, House of Worship
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Security, Maintenance Structure, Maintenance Grounds, Snow Removal

Lot Info

  • PAGE: 170
  • Farm Land Area Units: Square Feet
  • Zoning: condo

Multi Family

  • Number Of Units Total: 40

Tax Info

  • Tax Annual Amount: 4372
  • Tax Book Number: 76459
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2021
Closed on
Nov 5, 2021
Sold by
Sorrento Francis
Bought by
Driscoll William and Potter-Driscoll Christine
Seller's Agent
Annemarie Torcivia
Trinity Real Estate
Buyer's Agent
Rick Nazzaro
Colonial Manor Realty
Sold Price
$480,000
Total Days on Market
82
Current Estimated Value
$548,205

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,205
Avg. Annual Appreciation
3.85%
Original Mortgage
$384,000
Outstanding Balance
$355,057
Interest Rate
2.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$193,148

Purchase Details

Listed on
Oct 8, 2020
Closed on
Dec 15, 2020
Sold by
52 Sanborn St Unit 403 T
Bought by
Sorrento Francis
Seller's Agent
Michael Barrett
Barrett, Chris. J., REALTORS®
Buyer's Agent
Annemarie Torcivia
Trinity Real Estate
List Price
$399,900
Sold Price
$390,000
Premium/Discount to List
-$9,900
-2.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.61%
Original Mortgage
$312,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 1996
Sold by
Payne Leo R and Payne Suzanne M
Bought by
Twomey Charles F

Purchase Details

Closed on
Apr 15, 1993
Sold by
Schoolhouse Prop Lp
Bought by
Payne Leo R and Morgan Suzanne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,150
Interest Rate
7.39%
Mortgage Type
Purchase Money Mortgage

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
Driscoll William $480,000 None Available
Sorrento Francis $390,000 None Available
Twomey Charles F $101,000 --
Payne Leo R $77,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Driscoll William $384,000
Previous Owner Sorrento Francis $312,000
Previous Owner 52 Sanborn St Unit 403 $100,000
Previous Owner Twomey Charles F $25,000
Previous Owner Payne Leo R $6,080
Previous Owner Payne Leo R $73,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2021 11/05/21 Sold $480,000 0.0% $505 / Sq Ft
09/27/2021 09/27/21 Pending -- -- --
09/24/2021 09/24/21 For Sale -- -- --
09/10/2021 09/10/21 Off Market $480,000 -- --
07/07/2021 07/07/21 For Sale $479,999 +23.1% $505 / Sq Ft
12/17/2020 12/17/20 Sold $390,000 -2.5% $411 / Sq Ft
11/08/2020 11/08/20 Pending -- -- --
10/08/2020 10/08/20 For Sale $399,900 -- $421 / 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 $5,410 $475,000 $0 $475,000
2024 $5,423 $462,700 $0 $462,700
2023 $5,774 $458,600 $0 $458,600
2022 $5,620 $421,600 $0 $421,600
2021 $4,372 $316,600 $0 $316,600
2020 $717 $51,400 $0 $51,400
2019 $731 $51,400 $0 $51,400
2018 $713 $51,400 $0 $51,400
2017 $3,609 $257,200 $0 $257,200
2016 $3,660 $252,400 $0 $252,400
2015 $3,459 $235,300 $0 $235,300
2014 $3,433 $232,900 $0 $232,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72862581

MLS Property Information Network (MLS PIN)

APN: READ-000021-000734-000225