NOT LISTED FOR SALE

533 Summer Ave Unit 1 Reading, MA 01867

Estimated Value: $682,000 - $877,000

3 Beds
2 Baths
1,820 Sq Ft
$423/Sq Ft Est. Value

Last Sold April 30, 2020

Last sale price $600,000 $330 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $4,921/month

10 Days on Market

Highlights

  • Wood Flooring
  • Joshua Eaton Elementary School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of April 2020

Priced to Sell! Newly renovated attached Single Family style Townhome. Ideally located on Summer Avenue in Reading, this home boasts over 1,800 square feet, an oversized 1-car garage, and 2 stories of living. Upon entry we are greeted by the modern comforts of a mudroom while retaining the charm of yesteryear's formal entry. Living is easy in this spacious open residence. The warm living room flows effortlessly into the sun-drenched dining area and continuing to the sleek and stylish gourmet kitchen. Completing the first floor is the well-planned half bath, tucked away, adjacent to the rear entry and garage. A dramatic staircase leads us to the bedrooms, each offering generous closet space shelved for your convenience. An elegantly tiled bathroom awaits offering double sinks, a glass enclosed shower, and claw-foot soaking tub to melt the day away. Other highlights include french doors opening to a private study.

Last Listed By

Guy Manganiello

RE/MAX Renaissance Inc. Listed on: 02/24/2020

RE/MAX Renaissance Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,856

Year Built

  • Built in 1916

Lot Details

  • 0.68

Parking

  • 2 Car Garage

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Propane Water Heater

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:008.0-0000-0065.0

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,856

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Townhouse, Attached
  • Other Agent: 1.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 329.62
  • Comp Based On: Net Sale Price
  • Year Built: 1916
  • Lead Paint: Unknown
  • Unit Building: 1
  • Unit Level: 1
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 1916

Interior Features

  • Fireplaces: 1
  • Flooring: Tile, Hardwood
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Vent Hood
  • No Bedrooms: 3
  • Master Bedroom: On Level: Second Floor
  • Bedroom 2: On Level: Second Floor
  • Bedroom 3: On Level: Second Floor
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • No Rooms: 8
  • Dining Room: On Level: First Floor
  • Kitchen: On Level: First Floor
  • Laundry: On Level: First Floor
  • Living Room: On Level: First Floor
  • Basement: Y
  • Other Room 1: Name: 1/4 Bath, On Level: First Floor
  • Other Room 2: Name: Bathroom, On Level: Second Floor
  • Other Room 3: Name: Bonus Room, On Level: First Floor
  • No Living Levels: 3
  • Main Lo: AN3013
  • Main So: K95001
  • Estimated Sq Ft: 1820.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Shingles, Wood

Garage/Parking

  • Parking Spaces: 4
  • Garage Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Cooling: Central Air
  • Cooling Zones: 2
  • Heating: Forced Air
  • Heat Zones: 2
  • Hot Water: Propane Gas

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station
  • HOA Fees: 120.00
  • Association Fee Includes: Master Insurance
  • Condo Association: Yes

Lot Info

  • Assessments: 585500.00
  • Acre: 0.68
  • Lot Size: 29500.00
  • Page: 107
  • Parcel Number: M:008.0-0000-0065.0
  • Zoning: S15

Tax Info

  • Taxes: 8332.00
  • Assessor Parcel Number: 730626

Multi Family

  • No Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2020
Closed on
Apr 19, 2020
Sold by
Greyygoose Ventures Llc
Bought by
Martin Nicholas and Tran Kim X
Seller's Agent
Guy Manganiello
RE/MAX Renaissance Inc.
Buyer's Agent
ONecia Simpson
Advisors Living - Boston
List Price
$599,900
Sold Price
$600,000
Premium/Discount to List
$100
0.02%
Total Days on Market
10
Current Estimated Value
$769,510

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,510
Avg. Annual Appreciation
4.62%
Original Mortgage
$480,000
Outstanding Balance
$432,168
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$321,086

Range of Values:

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Average Value
Not Available
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
Martin Nicholas $600,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Nicholas $480,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2020 04/30/20 Sold $600,000 0.0% $330 / Sq Ft
03/05/2020 03/05/20 Pending -- -- --
02/24/2020 02/24/20 For Sale $599,900 -- $330 / 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 $7,856 $689,700 $0 $689,700
2024 $7,697 $656,700 $0 $656,700
2023 $7,852 $623,700 $0 $623,700
2022 $7,985 $599,000 $0 $599,000
2021 $7,644 $553,500 $0 $553,500
Source: Public Records

Agents Affiliated with this Home

  • Guy Manganiello

    Seller's Agent in 2020

    Guy Manganiello

    RE/MAX

    (781) 929-4274

    21 in this area

    51 Total Sales

    Guy Manganiello
    Section Image
  • ONecia Simpson

    Buyer's Agent in 2020

    ONecia Simpson

    Advisors Living - Boston

    (617) 955-5539

    22 Total Sales

    ONecia Simpson
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72623418

MLS Property Information Network (MLS PIN)

APN: READ-008.0-0001-0065.0

Massachusetts Middlesex County Reading 01867

533 Summer Ave Unit 1, Reading, MA

Homes for Sale in Reading, MA

This home is located at 533 Summer Ave Unit 1, Reading, MA 01867 since 24 February 2020 and is currently estimated at $769,510, approximately $422 per square foot. This property was built in 1916. 533 Summer Ave Unit 1 is a home located in Middlesex County with nearby schools including Joshua Eaton Elementary School, Walter S. Parker Middle School, and Reading Memorial High School.

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