NOT LISTED FOR SALE

54 Franklin St Reading, MA 01867

Estimated Value: $1,381,000

6 Beds
5 Baths
5,125 Sq Ft
$269/Sq Ft Est. Value

Last Sold March 07, 2016

Last sale price $557,000 $109 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $9,074/month

254 Days on Market

About This Home

As of March 2016

Spacious Colonial has main home with 7/8 rooms, 4 bedrooms, 2.5 baths, and includes a large private master suite. The 3rd floor has 3 rooms and a bath and was used for a home crafts center. Perfect home for large family,in-law,extended family, or if you just want room!. There is a 2 car garage and Private 1.7 acre lot. This home is in move in condition, and is priced to reflSpacious ect the updating needed over time. Features a full 2 story In Law set up with 5 rooms, 2 bedrooms, separate entry and full bath.

Last Listed By

James Joly

Boardwalk Real Estate Listed on: 06/02/2015

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,040

Year Built

1920

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Other Agent: 2.00
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1920

Interior Features

  • Appliances: Range, Dishwasher, Disposal, Compactor, Microwave
  • Has Basement: Yes
  • Number of Rooms: 16
  • Amenities: Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station
  • Electric: Circuit Breakers, 150 Amps
  • Energy: Insulated Windows, Storm Windows
  • Flooring: Tile, Wall to Wall Carpet, Hardwood
  • Insulation: Partial
  • Interior Amenities: Cable Available
  • Basement: Partial, Slab
  • Bedroom 2: Second Floor, 10X16
  • Bedroom 3: Second Floor, 11X15
  • Bedroom 4: Second Floor, 16X11
  • Bedroom 5: Second Floor, 9X14
  • Bathroom #1: First Floor
  • Bathroom #2: Second Floor
  • Bathroom #3: First Floor
  • Kitchen: First Floor, 12X20
  • Living Room: First Floor, 15X20
  • Master Bedroom: Second Floor, 18X13
  • Master Bedroom Description: Flooring - Wall to Wall Carpet
  • Dining Room: First Floor, 15X12
  • Family Room: First Floor, 16X20

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Vinyl, Brick
  • Exterior Features: Gutters, Screens
  • Foundation: Poured Concrete

Garage/Parking

  • Garage Parking: Detached
  • Garage Spaces: 1
  • Parking: Off-Street
  • Parking Spaces: 6

Utilities

  • Cooling: None
  • Heating: Forced Air, Oil
  • Hot Water: Electric
  • Utility Connections: for Electric Range

Schools

  • Elementary School: Woodend
  • Middle School: Coolidge
  • High School: Reading Memoria

Lot Info

  • Assessor Parcel Number: M:052.0-0000-0024.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 1, 2017
Sold by
Smithney Robert C and Smithney Claire V
Bought by
S & L Homes Llc
Total Days on Market
254
Current Estimated Value
$1,381,000

Purchase Details

Listed on
Jun 2, 2015
Closed on
Mar 8, 2016
Sold by
Lougee Richard C and Lougee Leslie
Bought by
Smithney Robert C and Smithney Claire V
Seller's Agent
James Joly
Boardwalk Real Estate
Buyer's Agent
Carol Kiniry-Curcio
Gibson Sotheby's International Realty
List Price
$629,900
Sold Price
$557,000
Premium/Discount to List
-$72,900
-11.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$532,406
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 2, 2015
Closed on
Mar 4, 2016
Sold by
Es Labo Joseph Paul Jr
Bought by
Rd Realty Holdings Llc
Seller's Agent
James Joly
Boardwalk Real Estate
Buyer's Agent
Carol Kiniry-Curcio
Gibson Sotheby's International Realty
List Price
$629,900
Sold Price
$557,000
Premium/Discount to List
-$72,900
-11.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$532,406
Interest Rate
4.4%
Mortgage Type
FHA

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
S & L Homes Llc -- --
Smithney Robert C $557,000 --
Rd Realty Holdings Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smithney Robert C $544,000
Previous Owner Smithney Robert C $532,406
Previous Owner Labo Frances M $150,000
Previous Owner Lougee Richard C $120,000
Previous Owner Lougee Richard C $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2016 03/07/16 Sold $557,000 0.0% $109 / Sq Ft
02/11/2016 02/11/16 Pending -- -- --
02/10/2016 02/10/16 Off Market $557,000 -- --
01/16/2016 01/16/16 Pending -- -- --
01/11/2016 01/11/16 For Sale $629,900 +13.1% $123 / Sq Ft
01/10/2016 01/10/16 Off Market $557,000 -- --
01/08/2016 01/08/16 Pending -- -- --
12/03/2015 12/03/15 For Sale $629,900 +13.1% $123 / Sq Ft
12/01/2015 12/01/15 Off Market $557,000 -- --
11/02/2015 11/02/15 For Sale $629,900 +13.1% $123 / Sq Ft
11/01/2015 11/01/15 Off Market $557,000 -- --
10/25/2015 10/25/15 Price Changed $629,900 -1.6% $123 / Sq Ft
09/03/2015 09/03/15 For Sale $639,900 +14.9% $125 / Sq Ft
09/02/2015 09/02/15 Off Market $557,000 -- --
08/23/2015 08/23/15 Price Changed $639,900 -1.5% $125 / Sq Ft
07/24/2015 07/24/15 Price Changed $649,900 -3.0% $127 / Sq Ft
06/02/2015 06/02/15 For Sale $669,900 -- $131 / 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
2021 $12,040 $871,800 $410,900 $460,900
2020 $11,271 $854,400 $402,700 $451,700
2019 $10,577 $813,700 $383,500 $430,200
2018 $10,730 $773,600 $371,800 $401,800
2017 $10,280 $732,700 $355,500 $377,200
2016 $10,244 $706,500 $339,600 $366,900
2015 $9,598 $652,900 $313,800 $339,100
2014 $9,298 $630,800 $303,200 $327,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71849068

MLS Property Information Network (MLS PIN)

APN: READ-000052-000000-000024