53 John St Reading, MA 01867
Estimated Value: $830,000 - $896,467
4
Beds
2
Baths
1,944
Sq Ft
$437/Sq Ft
Est. Value
Highlights
- Golf Course Community
- Property is near public transit
- Jogging Path
- Walter S. Parker Middle School Rated A-
- Wood Flooring
- Park
About This Home
As of May 2023A charming two-family home in the heart of Reading, situated in a walkable neighborhood with a location that's hard to beat. This delightful property is just a few steps from the downtown area, commuter rail stop, nearby parks, schools, and local markets. The two spacious units have been lovingly maintained for years by the same family, with beautiful hardwood and vinyl flooring. Each unit boasts a cozy living room, an eat-in kitchen, two comfortable bedrooms, and a bathroom. There are also separate utilities for electricity, gas heat, and laundry hook-ups ensuring maximum convenience. Step outside into the well-cared-for backyard featuring stunning hydrangeas that create a serene environment. Currently, both units are rented out to happy tenants providing the perfect opportunity for anyone who wants to invest in property and looking for help with mortgage payments. Attend one of the weekend Open Houses and experience all that this property has to offer.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,452
Year Built
- Built in 1800
Lot Details
- 4,630 Sq Ft Lot
Home Design
- Brick Foundation
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 1,944 Sq Ft Home
- Property has 1 Level
- Wood Flooring
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Block Basement Construction
Parking
- 3 Car Parking Spaces
- Driveway
- Open Parking
- Off-Street Parking
Location
- Property is near public transit
- Property is near schools
Utilities
- 2 Heating Zones
- Heating Available
- Gas Water Heater
Listing and Financial Details
- Total Actual Rent $3,775
- Rent includes unit 1(water), unit 2(water)
- Assessor Parcel Number M:022.000000029.0,733281
Community Details
Amenities
- Shops
- Coin Laundry
Recreation
- Golf Course Community
- Park
- Jogging Path
Additional Features
- 2 Units
- Net Operating Income $45,300
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 25, 2019
Sold by
Caros John A and Caros Magdalini
Bought by
Caros John A
Total Days on Market
5
Current Estimated Value
Purchase Details
Closed on
Nov 14, 1973
Bought by
Caros John A and Caros Magdalini
Similar Home in Reading, MA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Caros John A | -- | -- | |
| Caros John A | $33,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rand Benjamin | $680,800 | |
| Previous Owner | Caros John A | $130,000 | |
| Previous Owner | Caros John A | $90,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/24/2023 05/24/23 | Sold | $765,000 | +9.3% | $394 / Sq Ft |
| 04/19/2023 04/19/23 | Pending | -- | -- | -- |
| 04/13/2023 04/13/23 | For Sale | $699,900 | -- | $360 / 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 | $8,908 | $782,100 | $398,600 | $383,500 |
| 2024 | $8,619 | $735,400 | $374,800 | $360,600 |
| 2023 | $8,452 | $671,300 | $342,100 | $329,200 |
| 2022 | $7,779 | $583,600 | $297,400 | $286,200 |
| 2021 | $5,195 | $538,600 | $272,500 | $266,100 |
| 2020 | $7,149 | $512,500 | $259,300 | $253,200 |
| 2019 | $6,953 | $488,600 | $247,200 | $241,400 |
| 2018 | $6,332 | $456,500 | $231,000 | $225,500 |
| 2017 | $6,095 | $434,400 | $219,800 | $214,600 |
| 2016 | $5,641 | $389,000 | $207,700 | $181,300 |
| 2015 | $5,652 | $384,500 | $197,800 | $186,700 |
| 2014 | $5,448 | $369,600 | $188,400 | $181,200 |
Source: Public Records
Agents Affiliated with this Home
-
Annette Gregorio
Seller's Agent in 2023
Annette Gregorio
Leading Edge Real Estate
(617) 548-3180
4 in this area
48 Total Sales
-
Christopher King
C
Seller Co-Listing Agent in 2023
Christopher King
Leading Edge Real Estate
1 in this area
10 Total Sales
-
Catherine Albiani
Buyer's Agent in 2023
Catherine Albiani
Better Homes and Gardens Real Estate - The Shanahan Group
(781) 799-6252
4 in this area
53 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73098692
APN: READ-000022-000000-000029
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