NOT LISTED FOR SALE

544 Summer Ave Reading, MA 01867

Estimated Value: $825,000 - $910,000

3 Beds
2 Baths
1,964 Sq Ft
$441/Sq Ft Est. Value

Last Sold March 31, 2021

Last sale price $630,000 $321 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $5,244/month

5 Days on Market

Highlights

  • Landscaped Professionally
  • Joshua Eaton Elementary School Rated A-
  • Wood Flooring

About This Home

As of March 2021

Looking for SINGLE LEVEL LIVING? Often sought after, rarely found....Immaculate 3 bedroom RANCH in Reading offering a gorgeous, expansive level backyard! Generous size living room with a wood burning FIREPLACE will keep you warm while you make a life time of memories in your new home! New HARDWOOD FLOORS, NEW LIGHTING and FRESHLY PAINTED throughout main level. Need more room for extended family? Home office? Exercise room? Flexible finished lower level features full size windows, capturing LOTS OF LIGHT! This space also offers a walk in closet, extra storage, work bench, and a half bath/laundry area. Walk out to private back yard! All large items have been updated: 7 year windows, 10 year roof along with younger heat and updated electric. Close highway access, COMMUTER RAIL (1 mile) and a short distance to downtown Reading Center. If you are looking for a SOLID BUILT HOME that is MOVE IN READY, this one is it! No Open House. Call me today for your private showing!

Last Agent to Sell the Property

Laurie Cappuccio

Classified Realty Group Listed on: 02/18/2021

Last Buyer's Agent

Matthew Quinlan

Classified Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,759

Year Built

  • Built in 1975

Lot Details

  • Year Round Access
  • Landscaped Professionally
  • Property is zoned S15

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Tile

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Rain Gutters

Schools

  • RMHS High School

Utilities

  • Hot Water Baseboard Heater
  • Heating System Uses Oil

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:008.0-0000-0115.0

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,759

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Ranch
  • Other Agent: 2.00
  • Year Built Description: Actual
  • List Price Per Sq Ft: 300.36
  • Comp Based On: Net Sale Price
  • Year Built: 1975
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1975

Interior Features

  • Fireplaces: 1
  • Flooring: Tile, Laminate, Hardwood
  • Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
  • No Bedrooms: 3
  • Master Bedroom: On Level: First Floor, Dimension: 13X13, Flooring - Hardwood, Main Level, Closet - Double
  • Bedroom 2: On Level: First Floor, Dimension: 10X12, Closet, Flooring - Hardwood, Main Level
  • Bedroom 3: On Level: First Floor, Dimension: 10X11, Closet, Flooring - Hardwood, Main Level, Lighting - Overhead
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bathroom 1: On Level: First Floor, Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
  • Bathroom 2: On Level: Basement, Bathroom - Half, Flooring - Stone/Ceramic Tile, Dryer Hookup - Electric, Washer Hookup
  • No Rooms: 7
  • Dining Room: On Level: First Floor, Dimension: 10X10, Flooring - Laminate, Main Level, Lighting - Overhead
  • Family Room: On Level: Basement, Dimension: 34X16, Closet - Walk-in, Flooring - Wall to Wall Carpet, Exterior Access, Open Floor Plan, Lighting - Overhead
  • Kitchen: On Level: First Floor, Dimension: 10X10, Flooring - Laminate, Main Level, Exterior Access
  • Laundry: On Level: Basement
  • Living Room: On Level: First Floor, Dimension: 21X11, Fireplace, Closet, Flooring - Hardwood, Window(s) - Picture, Main Level, Exterior Access
  • Basement: Y
  • Basement Features: Full, Finished, Walk Out, Interior Access
  • Main Lo: B95141
  • Main So: B95141
  • Estimated Sq Ft: 1964.00
  • Basement Included Sq Ft: Yes

Exterior Features

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

Garage/Parking

  • Parking Feature: Off-Street, Paved Driveway
  • Parking Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 200 Amps
  • Heating: Hot Water Baseboard, Oil
  • Utility Connections: for Electric Range, for Electric Dryer, Washer Hookup

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Highway Access, House of Worship, Private School, T-Station

Schools

  • Elementary School: Call Superint.
  • Middle School: Call Superint.
  • High School: RMHS

Lot Info

  • Assessments: 480700.00
  • Acre: 0.23
  • Lot Size: 10219.00
  • Page: 434
  • Parcel Number: M:008.0-0000-0115.0
  • Zoning: S15
  • Lot Description: Cleared, Level

Green Features

  • Energy Features: Insulated Windows, Insulated Doors, Storm Doors

Tax Info

  • Taxes: 6638.00
  • Assessor Parcel Number: 731255
  • Tax Year: 2021

MLS Schools

  • Grade School: Call Superint.
  • High School: RMHS
  • Middle School: Call Superint.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2021
Closed on
Mar 31, 2021
Sold by
Morel Dennis and Morel Diane
Bought by
Mccarthy Kathryn E and Tedesco John R
Seller's Agent
Laurie Cappuccio
Classified Realty Group
Buyer's Agent
Matthew Quinlan
Classified Realty Group
List Price
$589,900
Sold Price
$630,000
Premium/Discount to List
$40,100
6.8%
Current Estimated Value
$867,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$237,075
Avg. Annual Appreciation
5.13%
Original Mortgage
$459,900
Outstanding Balance
$418,475
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$370,654

Purchase Details

Listed on
Jan 7, 2021
Closed on
Jan 21, 2021
Sold by
Vinchesi Ft
Bought by
Morel Dennis and Morel Diane
Seller's Agent
Edward Madden
At Home Realty, Inc.
Buyer's Agent
Laurie Cappuccio
Classified Realty Group
List Price
$479,900
Sold Price
$520,000
Premium/Discount to List
$40,100
8.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
209.19%

Purchase Details

Closed on
Aug 2, 2011
Sold by
Vinchesi Andrew J and Vinchesi Carmella
Bought by
Vinchesi Ft

Purchase Details

Closed on
Apr 26, 1988
Sold by
Judge Robert L
Bought by
Vinchesi Andrew J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
9.89%
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
Mccarthy Kathryn E $630,000 None Available
Morel Dennis $520,000 None Available
Vinchesi Ft -- --
Vinchesi Andrew J $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccarthy Kathryn E $459,900
Previous Owner Vinchesi Andrew J $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2021 03/31/21 Sold $630,000 +6.8% $321 / Sq Ft
02/23/2021 02/23/21 Pending -- -- --
02/18/2021 02/18/21 For Sale $589,900 +13.4% $300 / Sq Ft
01/29/2021 01/29/21 Sold $520,000 +8.4% $372 / Sq Ft
01/11/2021 01/11/21 Pending -- -- --
01/07/2021 01/07/21 For Sale $479,900 -- $344 / 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 $7,759 $681,200 $396,100 $285,100
2024 $7,223 $616,300 $380,500 $235,800
2023 $6,996 $555,700 $343,100 $212,600
2022 $6,794 $509,700 $311,900 $197,800
2021 $6,638 $480,700 $294,800 $185,900
2020 $6,487 $465,000 $285,200 $179,800
2019 $6,284 $441,600 $270,800 $170,800
2018 $5,609 $404,400 $248,000 $156,400
2017 $5,483 $390,800 $239,700 $151,100
2016 $5,816 $401,100 $252,000 $149,100
2015 $5,615 $382,000 $240,000 $142,000
2014 $5,237 $355,300 $223,200 $132,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72787207

MLS Property Information Network (MLS PIN)

APN: READ-000008-000000-000115