NOT LISTED FOR SALE

553 Franklin St Reading, MA 01867

Estimated Value: $909,000 - $1,301,000

2 Beds
3 Baths
1,629 Sq Ft
$697/Sq Ft Est. Value

About This Home

This home is located at 553 Franklin St, Reading, MA 01867 and is currently estimated at $1,135,750, approximately $697 per square foot. 553 Franklin St is a home located in Middlesex County with nearby schools including Wood End Elementary School, Arthur W. Coolidge Middle School, and Reading Memorial High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2014
Sold by
Gellot Yann B and Gellot Yann
Bought by
Gellot Ft and Gellot
Current Estimated Value
$1,135,750

Purchase Details

Closed on
Jun 26, 2001
Sold by
Verrier Peter F and Verrier Monette D
Bought by
Gellott Yann and Gellott Sophie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
7.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 1, 1996
Sold by
Burns Michael and Tocco-Burns Laurie
Bought by
Verrier Peter F and Dugas Monette J

Purchase Details

Closed on
Jul 29, 1991
Sold by
Mcpartlin Gertrude Est
Bought by
Burns Michael and Tocco-Burns Laurie

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.

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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.

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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.

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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.

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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
Gellot Ft -- --
Gellott Yann $355,000 --
Verrier Peter F $218,000 --
Burns Michael $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Burns Michael $200,000
Previous Owner Gellott Sophie $210,000
Previous Owner Gellot Yann $227,000
Previous Owner Burns Michael $275,000
Previous Owner Burns Michael $188,300
Source: Public Records

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 $11,257 $988,300 $473,200 $515,100
2024 $11,232 $958,400 $458,900 $499,500
2023 $10,510 $834,800 $399,700 $435,100
2022 $9,982 $748,800 $358,500 $390,300
2021 $5,684 $695,000 $344,100 $350,900
2020 $9,503 $681,200 $337,300 $343,900
2019 $9,232 $648,800 $321,200 $327,600
2018 $16,316 $597,600 $300,000 $297,600
2017 $8,015 $571,300 $286,800 $284,500
2016 $7,604 $524,400 $273,000 $251,400
2015 $7,124 $484,600 $252,300 $232,300
2014 $6,903 $468,300 $243,800 $224,500
Source: Public Records

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