NOT LISTED FOR SALE

55 Red Gate Ln Reading, MA 01867

Estimated Value: $1,046,000 - $1,183,000

4 Beds
2.5 Baths
2,253 Sq Ft
$496/Sq Ft Est. Value

Last Sold June 10, 2022

Last sale price $1,030,000 $457 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $7,086/month

8 Days on Market

Highlights

  • Golf Course Community
  • Community Stables
  • Deck
  • Joshua Eaton Elementary School Rated A-
  • Custom Closet System
  • Property is near public transit

About This Home

As of June 2022

LOCATION LOCATION, LOCATION Situated on a highly sought after WESTSIDE STREET, this 4 bedroom, 2.5 Bath home is MOVE-IN READY. The OVERSIZED SUNNY LIVINGROOM with FIREPLACE opens into your FORMAL DINING ROOM. Your kitchen offers STAINLESS STEEL APLIANCES, a TRASH COMPACTOR, ISLAND SEATING and leads out to a STUNNING SUNROOM. This SUNNY OASIS overlooks the WELL MANICURED GARDENS of your PRIVATE BACKYARD. The BEDROOMS are all generous sized and THE PRIMARY SUITE has it's OWN PRIVATE HALF BATH. The LOWER LEVEL FIREPLACED FAMILY ROOM is great for additional entertaining space. The FOURTH BEDROOM has a WALK-IN CLOSET and is adjacent to a FULL BATH and LAUNDRY ROOM. With HARDWOOD FLOORS, CENTRAL AIR and an EXPANSIVE 2-CAR GARAGE, this House checks all the boxes. Close SCHOOLS, Reading Center, COMMUTER RAIL and HIGHWAYS. This one is not to be missed!

Last Agent to Sell the Property

Margaret O'Sullivan

William Raveis R.E. & Home Services Listed on: 04/27/2022

William Raveis R.E. & Home Services

Last Buyer's Agent

Irene Ho

Move2Boston Group, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,450

Year Built

  • Built in 1972

Lot Details

  • 0.26 Acre Lot
  • Property is zoned S15

Parking

  • 2 Car Attached Garage
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Split Level Home
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,253 Sq Ft Home
  • Cathedral Ceiling
  • Bay Window
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Sun or Florida Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Dishwasher

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • Custom Closet System

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Outdoor Storage

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Call Supt Elementary And Middle School
  • RMHS High School

Utilities

  • Central Air
  • 2 Cooling Zones
  • 2 Heating Zones
  • Heating System Uses Natural Gas
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number M:007.000000178.0,731143

Community Details

Recreation

  • Golf Course Community
  • Tennis Courts
  • Park
  • Community Stables

Additional Features

  • West Side Subdivision
  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,450

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1972
  • Levels: Split Entry
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Subdivision Name: West Side
  • Transaction Broker: 0
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Stone / Slate
  • Interior Amenities: Cathedral Ceiling(s), Sun Room
  • Fireplace Features: Family Room, Living Room
  • Fireplace YN: Yes
  • Fireplaces: 2
  • Appliances: Dishwasher,Refrigerator,Washer,Dryer
  • Total Bedrooms: 4
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Flooring - Hardwood
  • Room Bedroom2 Area: 165
  • Room Bedroom3 Features: Flooring - Hardwood
  • Room Bedroom3 Area: 120
  • Room Bedroom3 Level: Second
  • Room Bedroom4 Area: 192
  • Room Bedroom4 Level: First
  • Room Bedroom4 Features: Closet/Cabinets - Custom Built
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bathrooms: 2.5
  • Room Master Bedroom Features: Bathroom - Half, Flooring - Hardwood
  • Room Master Bedroom Level: Second
  • Room Master Bedroom Area: 180
  • Room Dining Room Features: Flooring - Hardwood
  • Room Dining Room Level: Second
  • Room Dining Room Area: 121
  • Room Family Room Level: First
  • Room Family Room Features: Window(s) - Bay/Bow/Box
  • Room Family Room Area: 234
  • Room Kitchen Level: Second
  • Room Kitchen Features: Flooring - Hardwood, Breakfast Bar / Nook
  • Room Kitchen Area: 132
  • Room Living Room Level: Second
  • Room Living Room Area: 270
  • Room Living Room Features: Flooring - Hardwood
  • Basement: Full
  • Living Area: 2253
  • MAIN LO: M59500
  • LIST PRICE PER Sq Ft: 443.41
  • PRICE PER Sq Ft: 457.17
  • MAIN SO: AN2603

Exterior Features

  • Exterior Features: Storage
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Attached Garage YN: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Attached, Paved Drive, Off Street
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Baseboard, Natural Gas
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 2
  • COOLING ZONES: 2

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Stable(s), Golf, House of Worship, Private School, Public School

Lot Info

  • Parcel Number: M:007.000000178.0,731143
  • Zoning: S15
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.26
  • Lot Size Area: 0.26
  • Lot Size Sq Ft: 11325.6
  • Lot Size Units: Acres
  • Property Attached YN: No
  • LOT SIZE: 11395
  • PAGE: 52

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 9450
  • Tax Book Number: 1055

Multi Family

  • Basement Included Sq Ft: No

MLS Schools

  • High School: Rmhs
  • Elementary School: Call Supt
  • Middle Or Junior School: Call Supt

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 24, 1989
Sold by
Burkholder George S
Bought by
Callahan William C
Current Estimated Value
$1,116,948

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
10.49%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Similar Homes in Reading, MA

  • 16 Border Rd, Reading, MA 01867

    $1,095,000

    • 3 Beds
    • 2.5 Baths
    • 2,453 Sq Ft
    • 16 Border Rd
    • Reading, MA

    This exceptional five-year-old Colonial offers the space, quality, and modern features you've been dreaming of—plus an easy commute and peaceful dead-end street location! Fall in love with the stunning white kitchen, open-concept design, and cozy gas fireplace. Enjoy REAL hardwood floors and quartz countertops throughout, including in the bathrooms. Fresh paint enhances the spacious layout,

    David Christensen eXp Realty

    Section Image
  • 26 Harvest Rd, Reading, MA 01867

    $1,199,900

    • 4 Beds
    • 4 Baths
    • 3,276 Sq Ft
    • 26 Harvest Rd
    • Reading, MA

    Welcome to 26 Harvest Street—where comfort, style, and convenience meet! This spacious 4-bedroom, 4-bathroom home offers everything today’s buyers are looking for. Enjoy beautiful hardwood floors throughout the first floor, brand-new carpet on the second floor, and a fully finished basement perfect for a home office, gym, or extra living space. The layout is ideal for both everyday living and

    Jyothi Kalra Urban Circle Realty

    Section Image
  • 51 Red Gate Ln, Reading, MA 01867

    $1,149,900

    • 4 Beds
    • 2.5 Baths
    • 2,985 Sq Ft
    • 51 Red Gate Ln
    • Reading, MA

    LOCATION LOCATION LOCATION! This CORNER lot Colonial sits in one of Reading's most DESIRABLE west-side neighborhoods! Offering 4 generously sized BRs, 2.5 baths, a sun-drenched heated four-season family room, formal LR w/fireplace, DR, kitchen, study with fireplace and a large partially finished basement w/office area and playroom. Just a one-minute walk to TOP-RATED Joshua Eaton elementary

    Michele Manzione Bova True North Realty

    Section Image
  • 14 Fairview Ave, Reading, MA 01867

    $899,900

    • 3 Beds
    • 3 Baths
    • 1,975 Sq Ft
    • 14 Fairview Ave
    • Reading, MA

    This Picturesque Craftsman style expansive bungalow is a must see! Complete with THREE BEDROOMS AND 3 FULL BATHS, this house is a RARE FIND. Upon entering is a BEAUTIFUL SUN ROOM perfect for a peaceful escape or a HOME OFFICE. The LIVING ROOM AND DINING ROOM feature stunning HARDWOOD FLOORS. The KITCHEN has rich WOOD TONE CABINETS, STAINLESS STEEL APPLIANCES and a DINING NOOK. The PRIMARY

    Margaret O'Sullivan William Raveis R.E. & Home Services

    Section Image
  • 35 Warren Ave, Reading, MA 01867

    $849,900

    • 3 Beds
    • 2 Baths
    • 1,740 Sq Ft
    • 35 Warren Ave
    • Reading, MA

    Located just outside Reading's vibrant downtown, this beautifully maintained colonial is loaded with character! The updated eat-in kitchen includes an inviting breakfast nook. It offers 3 bedrooms, 2 full baths, and an enclosed front porch. There are gleaming hardwood floors in most rooms. The partially finished basement can be used as a home office, game room, or space for entertaining. With the

    Mary Ann Quinn Wilson Wolfe Real Estate

    Section Image
  • 10 Lisa Ln, Reading, MA 01867

    $899,900

    • 3 Beds
    • 2 Baths
    • 2,084 Sq Ft
    • 10 Lisa Ln
    • Reading, MA

    Welcome to this split-entry home nestled on a tree-lined cul-de-sac with updates that make it the perfect home. Enter the air-conditioned upper level, and be greeted by a modern kitchen that flows seamlessly into the dining room, where sliders lead to a deck adorned with trek flooring & retractable awning. The living room, complete with a charming bow window, sets the stage for relaxation &

    Mike Hayes Century 21 North East

    Section Image
  • 57 Mount Vernon St, Reading, MA 01867

    $779,000

    • 3 Beds
    • 2.5 Baths
    • 1,701 Sq Ft
    • 57 Mount Vernon St
    • Reading, MA

    Welcome Home to 57 Mount Vernon St! This charming colonial with an incredible yard is ready for its new owners. A spacious living room and dining room lead you into the large, eat-in kitchen. A pantry and a half bath with laundry (new washer/dryer) are located off of the kitchen. The second floor is complete with three bedrooms, along with two full bathrooms. The home has hardwood floors

    Sharon Vanhorn Lamacchia Realty, Inc.

    Section Image
  • 142 Vine St, Reading, MA 01867

    $799,900

    • 3 Beds
    • 2.5 Baths
    • 1,794 Sq Ft
    • 142 Vine St
    • Reading, MA

    Welcome to the most convenient location in Reading! Renovated throughout with central A/C and recessed lighting added, 142 Vine St features well-proportioned, usable space on all three levels. The first floor features a fireplaced living room, an open kitchen and dining area with stone counters and high quality cabinetry, a full bath, and a first floor bedroom. Upstairs are two large bedrooms and

    Kristin Weekley Leading Edge Real Estate

    Section Image
  • 26 Woodward Ave, Reading, MA 01867

    $1,149,000

    • 4 Beds
    • 2.5 Baths
    • 2,531 Sq Ft
    • 26 Woodward Ave
    • Reading, MA

    Welcome to this beautifully updated Craftsman, blending old-world charm with high-end finishes and hardwood floors throughout. Located in one of Reading’s most desirable neighborhoods, under a mile from downtown shops, restaurants, the commuter rail, and just 15 miles from Boston, this home offers tranquility and convenience. Relax on the charming farmer’s porch, then step into a sunlit sitting

    Homeward Bound Group Advisors Living - Andover

    Section Image
See All Homes in Reading

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Callahan William C $260,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Callahan William C $200,000
Closed Callahan Donna M $200,000
Closed Callahan William C $100,000
Closed Callahan William C $100,000
Closed Callahan William C $104,300
Closed Callahan William C $105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2022 06/10/22 Sold $1,030,000 +3.1% $457 / Sq Ft
05/06/2022 05/06/22 Pending -- -- --
04/27/2022 04/27/22 For Sale $999,000 -- $443 / 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 $10,659 $935,800 $557,700 $378,100
2024 $10,788 $920,500 $548,600 $371,900
2023 $9,460 $751,400 $480,600 $270,800
2022 $9,450 $708,900 $453,400 $255,500
2021 $9,406 $681,100 $414,800 $266,300
2020 $9,035 $647,700 $394,400 $253,300
2019 $8,663 $608,800 $370,600 $238,200
2018 $7,905 $569,900 $346,800 $223,100
2017 $7,840 $558,800 $340,000 $218,800
2016 $8,275 $570,700 $335,700 $235,000
2015 $7,631 $519,100 $305,200 $213,900
2014 $7,652 $519,100 $305,200 $213,900
Source: Public Records

Agents Affiliated with this Home

  • Margaret O'Sullivan

    Seller's Agent in 2022

    Margaret O'Sullivan

    William Raveis R.E. & Home Services

    (781) 439-2566

    41 in this area

    92 Total Sales

    Margaret O'Sullivan
    Section Image

  • I

    Buyer's Agent in 2022

    Irene Ho

    Move2Boston Group, LLC

    (781) 888-3322

    1 in this area

    24 Total Sales

    Irene Ho
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72972363

MLS Property Information Network (MLS PIN)

APN: READ-000007-000000-000178

Massachusetts Middlesex County Reading 01867

55 Red Gate Ln, Reading, MA

This home is located at 55 Red Gate Ln, Reading, MA 01867 since 27 April 2022 and is currently estimated at $1,116,948, approximately $495 per square foot. This property was built in 1972. 55 Red Gate Ln 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

Nearby Homes