RENTED FEB 1, 2025

54 Grove St Reading, MA 01867

Estimated Value: $787,000 - $908,000

3 Beds
2 Baths
1,680 Sq Ft
$504/Sq Ft Est. Value

Last Sold December 17, 2021

Last sale price $690,000 $411 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $5,119/month

Highlights

  • Golf Course Community
  • Property is near public transit and schools
  • No HOA
  • Birch Meadow Elementary School Rated A-
  • 1 Fireplace
  • Screened Porch

About This Home

As of February 2025

Rare opportunity to rent this recently renovated single family home on a desirable corner lot! This modern ranch lives much bigger than its appearance with a fully finished basement that adds to the flexibility and livability of the home. The first floor features an open concept kitchen/living area with a dedicated dining space and is flooded with natural light through the large picture window. The renovated kitchen is highlighted by the granite counters, stainless steel appliances, tiled backsplash and flooring, and stylish open shelving. Three large bedrooms, a renovated full bathroom, and hardwood flooring complete the first floor. The expansive finished basement offers flexibility with a built-in desk, large family room, separate corner nook that can be used as an office/gym, and a 2nd full bath w/laundry. This energy efficient home has FHW gas heat and mini splits for A/C.AVAILABLE 1/1

Last Agent to Rent the Property

Matthew Czepiel

Lamacchia Realty, Inc. Listed on: 12/09/2024

Lamacchia Realty, Inc.

Last Renter's Agent

Blaine Colley

Chinatti Realty Group, Inc.

Chinatti Realty Group, Inc.

Home Details

Home Type

  • Single Family

Year Built

  • 1954

Lot Details

  • 10,345

Parking

  • 4 Car Parking Spaces

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,680 Sq Ft Home
  • 1 Fireplace
  • Screened Porch

Kitchen

  • Range
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Outdoor Storage

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Baseboard Heating

Additional Features

  • 10,345 Sq Ft Lot
  • Property is near public transit and schools

Listing and Financial Details

  • Security Deposit $3,850
  • Property Available on 1/1/25
  • Rent includes trash collection, snow removal, gardener
  • Assessor Parcel Number 735740

Community Details

Overview

  • No Home Owners Association
  • Near Conservation Area

Amenities

  • Shops
  • Laundry Facilities

Recreation

  • Golf Course Community
  • Community Pool
  • Park
  • Jogging Path

Home Details

Home Type

Single Family

Year Built

1954

Lot Details

0

Rental Info

  • Pets Allowed: Yes w/ Restrictions
  • Available Date: 2025-01-01
  • Lease Term: Term of Rental(12+)
  • Available Now: No
  • Deposit Required: Yes
  • FIRST MON REQD: Yes
  • INSURANCE REQD: Yes
  • LAST MON REQD: No
  • REFERENCES REQD: Yes
  • SEC DEPOSIT: 3850

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Entry Level: 1
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Year Built: 1954

Interior Features

  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Range, Dishwasher, Disposal, Refrigerator, Freezer, Washer, Dryer
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Master Bathroom Features: No
  • Laundry Features: In Building
  • Living Area: 1680
  • Spa YN: No
  • MAIN LO: AN2314
  • MAIN SO: AN7396

Exterior Features

  • Exterior Features: Porch - Screened, Patio, Storage
  • Home Warranty YN: No
  • Patio And Porch Features: Screened, Patio
  • Waterfront YN: No

Garage/Parking

  • Total Parking Spaces: 4

Utilities

  • Heating: Natural Gas, Baseboard
  • Cooling Y N: No
  • Heating YN: Yes

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Golf, Conservation Area, Highway Access, Private School, Public School, T-Station
  • Rent Includes: Trash Collection, Snow Removal, Gardener
  • Senior Community YN: No

Lot Info

  • Parcel Number: 735740
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 10345
  • Lot Size Units: Acres
  • OUTDOOR SPACE AVAILABLE: Yes - Private
  • ResoLotSizeUnits: Acres

Multi Family

  • Basement Included Sq Ft: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2021
Closed on
Dec 17, 2021
Sold by
Gaudet Stephen D and Gaudet Kelly J
Bought by
Rad Mina H and Tafazolian Hosein
Seller's Agent
James Doliver
Re/Max Innovative Properties
Buyer's Agent
Louise Knight
eXp Realty
List Price
$699,900
Sold Price
$690,000
Premium/Discount to List
-$9,900
-1.41%
Current Estimated Value
$846,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,001
Avg. Annual Appreciation
5.17%
Original Mortgage
$649,207
Outstanding Balance
$594,474
Interest Rate
3.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$251,527

Purchase Details

Listed on
Jan 16, 2019
Closed on
Feb 20, 2019
Sold by
Bemister Mark and Bemister Lauren
Bought by
Gaudet Stephen D and Gaudet Kelly J
Seller's Agent
Rick Nazzaro
Colonial Manor Realty
Buyer's Agent
Janice Sullivan
LAER Realty Partners
List Price
$539,900
Sold Price
$572,500
Premium/Discount to List
$32,600
6.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.87%
Original Mortgage
$543,875
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 12, 2013
Closed on
Sep 17, 2013
Sold by
King Matthew and King Stephanie A
Bought by
Bemister Mark and Bemister Lauren
Seller's Agent
Lauretta Raffi
Boardwalk Real Estate
Buyer's Agent
Janice Sullivan
LAER Realty Partners
List Price
$369,900
Sold Price
$365,000
Premium/Discount to List
-$4,900
-1.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.59%
Original Mortgage
$354,050
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 18, 2005
Sold by
Savio David
Bought by
King Matthew and King Stephanie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
5.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 9, 2003
Sold by
Grove Street Rt and Tarbox
Bought by
Savio David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,200
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rad Mina H $690,000 None Available
Gaudet Stephen D $572,500 --
Bemister Mark $365,000 --
King Matthew $395,000 --
King Matthew $395,000 --
Savio David $344,000 --
Savio David $344,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rad Mina H $649,207
Previous Owner Gaudet Stephen D $543,875
Previous Owner Savio David $354,050
Previous Owner King Matthew $316,000
Previous Owner Savio David $275,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/01/2025 02/01/25 Rented $3,850 0.0% --
12/29/2024 12/29/24 Under Contract -- -- --
12/09/2024 12/09/24 For Rent $3,850 +4.1% --
11/24/2023 11/24/23 Rented $3,700 0.0% --
09/28/2023 09/28/23 Under Contract -- -- --
09/22/2023 09/22/23 For Rent $3,700 0.0% --
12/17/2021 12/17/21 Sold $690,000 -1.4% $383 / Sq Ft View Prior Sale
10/23/2021 10/23/21 Pending -- -- --
10/07/2021 10/07/21 For Sale $699,900 +22.3% $389 / Sq Ft
02/27/2019 02/27/19 Sold $572,500 +6.0% $318 / Sq Ft View Prior Sale
01/22/2019 01/22/19 Pending -- -- --
01/16/2019 01/16/19 For Sale $539,900 +47.9% $300 / Sq Ft
09/13/2013 09/13/13 Sold $365,000 0.0% $380 / Sq Ft View Prior Sale
08/22/2013 08/22/13 Pending -- -- --
08/12/2013 08/12/13 Off Market $365,000 -- --
08/12/2013 08/12/13 For Sale $369,900 -- $385 / 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 $8,398 $737,300 $456,600 $280,700
2024 $8,380 $715,000 $442,800 $272,200
2023 $7,841 $622,800 $385,700 $237,100
2022 $7,446 $558,600 $345,900 $212,700
2021 $7,187 $520,400 $332,100 $188,300
2020 $7,113 $509,900 $325,400 $184,500
2019 $6,662 $468,200 $309,900 $158,300
2018 $6,067 $437,400 $289,500 $147,900
2017 $5,866 $418,100 $276,700 $141,400
2016 $5,625 $387,900 $263,500 $124,400
2015 $5,196 $353,500 $243,500 $110,000
2014 $5,112 $346,800 $235,200 $111,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73318722

MLS Property Information Network (MLS PIN)

APN: READ-000032-000000-000002