52 Sanborn St Unit 403 Reading, MA 01867
1
Bed
2
Baths
950
Sq Ft
1906
Built
Highlights
- Wood Flooring
- Birch Meadow Elementary School Rated A-
- Central Air
About This Home
As of November 2021Conveniently located just of the elevator. Dramatic top floor one bedroom loft style unit at the Old Reading School House Condominium. It features all the amenities you would expect in a renovated school, gracious entry foyer, high ceilings, exposed brick and lots of charm. The unit, with its open floor plan, has been nicely appointed with white cabinets, quartz and granite counters and stainless steel appliances. The combined living and dining areas feature a bank of 8 skylights with nice views, exposed brick, wainscoting and industrial style ductwork. It is spectacular. A unique spiral staircase leads to an open loft style master bedroom. The unit also features 2 full bath and in unit laundry. All of this is closely located to the heart of Reading, convenient to its downtown, restaurants and the commuter rail. This one is truly a rare opportunity. Subject to the Seller closing on a specific property. Scheduled early December.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,410
Year Built
- Built in 1906
Lot Details
- Year Round Access
Kitchen
- Range<<rangeHoodToken>>
- Dishwasher
Flooring
- Wood
- Wall to Wall Carpet
- Tile
Laundry
- Laundry in unit
- Dryer
- Washer
Utilities
- Central Air
- Heat Pump System
Additional Features
- Basement
Listing and Financial Details
- Assessor Parcel Number M:021.0-0734-0225.0
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
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,073
Avg. Annual Appreciation
3.67%
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
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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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Condominium Deed | $480,000 | None Available | |
| Condominium Deed | $390,000 | None Available | |
| Deed | $101,000 | -- | |
| Deed | $77,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $384,000 | Purchase Money Mortgage | |
| Previous Owner | $312,000 | New Conventional | |
| Previous Owner | $100,000 | No Value Available | |
| Previous Owner | $25,000 | No Value Available | |
| Previous Owner | $6,080 | No Value Available | |
| Previous Owner | $73,150 | Purchase Money Mortgage |
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
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
-
Annemarie Torcivia
Seller's Agent in 2021
Annemarie Torcivia
Trinity Real Estate
(781) 983-5266
2 in this area
26 Total Sales
-
Rick Nazzaro
Buyer's Agent in 2021
Rick Nazzaro
Colonial Manor Realty
(781) 290-7425
114 in this area
174 Total Sales
-
Michael Barrett
Seller's Agent in 2020
Michael Barrett
Barrett, Chris. J., REALTORS®
(781) 910-3104
6 in this area
92 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72739797
APN: READ-000021-000734-000225
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