NOT LISTED FOR SALE

525 Pearl St Reading, MA 01867

Estimated Value: $1,018,000 - $1,083,615

4 Beds
2 Baths
2,523 Sq Ft
$413/Sq Ft Est. Value

Last Sold January 11, 2019

Last sale price $667,500 $265 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $6,584/month

100 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Central Air
  • Wood End Elementary School Rated A-

About This Home

As of January 2019

HUGE PRICE IMPROVEMENT! Motivated Seller!!! You will be amazed at the space in this beautiful 4 bedroom, 2 full bath Cape that sits on over 21,000 square feet of private green space! Lovely front to back fireplaced living/dining great room, office or dining room, spacious kitchen with corian countertops open to large family room with built in red birch cabinetry and first floor bedroom overlooking beautiful private yard. Master bedroom with his and hers closets and two additional bedrooms plus full bath on the second level. You will also be amazed at the closet space! Relax on the deck overlooking the beautiful large and level yard. Other great features include new Burnham furnance 2015, Central AC, all Anderson 400 series windows, two car garage. Don't miss out!

Last Agent to Sell the Property

Maryellen Russo

The Aland Realty Group LLC Listed on: 07/20/2018

The Aland Realty Group LLC

Last Buyer's Agent

Stephen Conroy

Boardwalk Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,888

Year Built

  • Built in 1960

Lot Details

  • Year Round Access
  • Property is zoned S20

Parking

  • 2 Car Garage

Kitchen

  • Built-In Oven
  • Built-In Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile
  • Vinyl

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Rain Gutters

Utilities

  • Central Air
  • Hot Water Baseboard Heater
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Basement

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,888

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Cape
  • Year Built Description: Renovated Since
  • List Price Per Sq Ft: 271.50
  • Comp Based On: Net Sale Price
  • Year Built: 1960
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1960

Interior Features

  • Fireplaces: 1
  • Flooring: Tile, Vinyl, Hardwood
  • Interior Amenities: Cable Available
  • Appliances: Wall Oven, Dishwasher, Disposal, Microwave, Countertop Range, Refrigerator, Washer, Dryer
  • No Bedrooms: 4
  • Master Bedroom: On Level: Second Floor, Closet, Flooring - Hardwood, Cable Hookup
  • Bedroom 2: On Level: Second Floor, Closet, Flooring - Hardwood
  • Bedroom 3: On Level: Second Floor, Closet, Flooring - Hardwood
  • Bedroom 4: On Level: First Floor, Closet, Flooring - Wall to Wall Carpet
  • Full Bathrooms: 2
  • Bathroom 1: On Level: First Floor, Bathroom - 3/4, Bathroom - With Shower Stall
  • Bathroom 2: On Level: Second Floor, Bathroom - Full, Bathroom - With Shower Stall, Bathroom - With Tub
  • No Rooms: 8
  • Dining Room: On Level: First Floor, Closet/Cabinets - Custom Built, Flooring - Hardwood, Main Level
  • Family Room: On Level: First Floor, Flooring - Wall to Wall Carpet, Window(s) - Bay/Bow/Box, Balcony / Deck, Main Level, Cable Hookup, Recessed Lighting, Slider
  • Kitchen: On Level: First Floor, Closet/Cabinets - Custom Built, Flooring - Vinyl, Pantry, Main Level, Kitchen Island, Recessed Lighting
  • Laundry: On Level: Basement
  • Living Room: On Level: First Floor, Fireplace, Flooring - Hardwood, Main Level, Cable Hookup, Remodeled
  • Basement: Y
  • Basement Features: Full, Interior Access, Sump Pump
  • Main Lo: BB5325
  • Main So: B30601
  • Estimated Sq Ft: 2523.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Clapboard
  • Exterior Features: Deck - Wood, Gutters
  • Foundation: Poured Concrete
  • Insulation Feature: Full, Fiberglass

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 4
  • Garage Parking: Attached, Garage Door Opener, Side Entry
  • Garage Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 200 Amps
  • Cooling: Central Air
  • Cooling Zones: 2
  • Heating: Hot Water Baseboard
  • Heat Zones: 3
  • Hot Water: Natural Gas
  • Utility Connections: for Electric Oven, for Gas Dryer

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, House of Worship, Private School, Public School

Schools

  • Elementary School: Wood End
  • Middle School: A.W. Coolidge
  • High School: Reading Mem

Lot Info

  • Assessments: 573000.00
  • Acre: 0.49
  • Lot Size: 21144.00
  • Page: 138
  • Zoning: S20
  • Lot Description: Wooded, Paved Drive, Level

Tax Info

  • Taxes: 7947.51
  • Assessor Parcel Number: 737582

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2018
Closed on
Jan 3, 2019
Sold by
Reed Deborah W
Bought by
Reid John E and Conroy June F
Seller's Agent
Maryellen Russo
The Aland Realty Group LLC
Buyer's Agent
Stephen Conroy
Boardwalk Real Estate
List Price
$715,000
Sold Price
$667,500
Premium/Discount to List
-$47,500
-6.64%
Current Estimated Value
$1,042,904

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$375,404
Avg. Annual Appreciation
7.01%
Original Mortgage
$534,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 17, 1993
Sold by
Gottwald John F and Gottwald Karen A
Bought by
Reed Seth O and Reed Deborah W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
7.03%
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
Reid John E $667,500 --
Reed Seth O $230,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reid John E $75,000
Open Conroy June F $551,000
Closed Reid John E $545,000
Closed Reid John E $536,000
Closed Reid John E $534,000
Previous Owner Reed Deborah W $100,000
Previous Owner Reed Seth O $100,000
Previous Owner Reed Seth O $184,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2019 01/11/19 Sold $667,500 -2.6% $265 / Sq Ft
10/28/2018 10/28/18 Pending -- -- --
10/12/2018 10/12/18 Price Changed $685,000 -2.1% $272 / Sq Ft
09/29/2018 09/29/18 Price Changed $699,900 -2.1% $277 / Sq Ft
09/04/2018 09/04/18 Price Changed $715,000 0.0% $283 / Sq Ft
09/04/2018 09/04/18 For Sale $715,000 -2.0% $283 / Sq Ft
08/15/2018 08/15/18 Pending -- -- --
07/20/2018 07/20/18 For Sale $729,900 -- $289 / 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 $9,888 $868,100 $495,100 $373,000
2024 $9,866 $841,800 $480,100 $361,700
2023 $9,236 $733,600 $418,200 $315,400
2022 $8,772 $658,100 $375,100 $283,000
2021 $8,617 $624,000 $360,100 $263,900
2020 $9,093 $651,800 $352,900 $298,900
2019 $8,730 $613,500 $336,100 $277,400
2018 $7,948 $573,000 $313,900 $259,100
2017 $7,686 $547,800 $300,100 $247,700
2016 $7,630 $526,200 $285,700 $240,500
2015 $7,147 $486,200 $264,000 $222,200
2014 $6,925 $469,800 $255,100 $214,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72366088

MLS Property Information Network (MLS PIN)

APN: READ-000046-000000-000064