NOT LISTED FOR SALE

556 Summer Ave Reading, MA 01867

Estimated Value: $850,000 - $992,000

3 Beds
1 Bath
1,941 Sq Ft
$478/Sq Ft Est. Value

Last Sold March 24, 2017

Last sale price $515,000 $265 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $5,648/month

5 Days on Market

About This Home

As of March 2017

Warm and inviting Ranch in sought after Joshua Eaton neighborhood with exceptional oversized wooded lot awaits its new owner! This home offers refinished hardwood floors throughout the main level, a spacious Living Room with a fireplace opening to a Dining Room and a generous sized Sunroom with new wood flooring. Plus a brand new, completely renovated Bathroom with mosaic tile, granite vanity and other high-end finishes.The lower level includes an updated, light-filled Family Room with wide plank flooring, fireplace, exterior access, conveniently located Laundry Room, additional space for a 4th Bedroom, Exercise Room or Office. All new windows on the main floor, warm neutral paint, new lighting & fixtures throughout the entire home, newer hot water heater, new Fiberglass exterior doors and additional insulation! The exterior has been freshly painted and beautiful perennial landscaping added to complete this lovingly maintained home. Located close to Commuter Rail and Routes 128 & 93.

Last Agent to Sell the Property

Michele Wood

eXp Realty Listed on: 02/09/2017

eXp Realty

Last Buyer's Agent

David Ladner

RE/MAX Harmony

RE/MAX Harmony

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,693

Year Built

1969

Lot Details

0

Listing Details

  • Lot Description: Wooded, Paved Drive, Gentle Slope
  • Property Type: Single Family
  • Other Agent: 1.00
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1969

Interior Features

  • Appliances: Range, Dishwasher, Disposal, Refrigerator
  • Fireplaces: 2
  • Has Basement: Yes
  • Fireplaces: 2
  • Number of Rooms: 9
  • Amenities: Public Transportation, Shopping, Park, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station
  • Electric: 100 Amps
  • Energy: Insulated Windows, Insulated Doors
  • Flooring: Tile, Vinyl, Hardwood, Wood Laminate
  • Insulation: Fiberglass
  • Interior Amenities: Cable Available
  • Basement: Full, Partially Finished, Walk Out, Interior Access, Sump Pump, Concrete Floor
  • Bedroom 2: First Floor, 10X9
  • Bedroom 3: First Floor, 13X11
  • Bathroom #1: First Floor
  • Kitchen: First Floor, 10X12
  • Laundry Room: Basement, 7X7
  • Living Room: First Floor, 13X17
  • Master Bedroom: First Floor, 14X11
  • Master Bedroom Description: Flooring - Hardwood
  • Dining Room: First Floor, 11X13
  • Family Room: Basement, 24X19
  • Oth1 Room Name: Sun Room
  • Oth1 Dimen: 17X7
  • Oth1 Dscrp: Flooring - Wood
  • Oth2 Room Name: Foyer
  • Oth2 Dimen: 13X4
  • Oth2 Dscrp: Closet, Flooring - Hardwood

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Shingles, Wood
  • Exterior Features: Patio, Gutters
  • Foundation: Poured Concrete

Garage/Parking

  • Garage Parking: Attached, Carport
  • Garage Spaces: 1
  • Parking: Off-Street, Tandem, Paved Driveway
  • Parking Spaces: 3

Utilities

  • Heating: Hot Water Baseboard, Oil
  • Heat Zones: 2
  • Hot Water: Oil
  • Utility Connections: for Electric Range, for Electric Dryer, Washer Hookup
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Schools

  • Elementary School: Joshua Eaton
  • Middle School: Parker
  • High School: Rmhs

Lot Info

  • Zoning: S15
  • Lot: 0112.0

Multi Family

  • Sq Ft Incl Bsmt: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2017
Closed on
Mar 24, 2017
Sold by
Stewart Jeremy and Stewart Amie M
Bought by
Doroquez David and Yamaki Lesley H
Seller's Agent
Michele Wood
eXp Realty
Buyer's Agent
David Ladner
RE/MAX Harmony
List Price
$469,900
Sold Price
$515,000
Premium/Discount to List
$45,100
9.6%
Current Estimated Value
$928,752

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$413,752
Avg. Annual Appreciation
6.60%
Original Mortgage
$386,250
Outstanding Balance
$324,858
Interest Rate
4.17%
Mortgage Type
New Conventional
Estimated Equity
$563,000

Purchase Details

Listed on
May 15, 2013
Closed on
Jun 25, 2013
Sold by
Lynn Rt
Bought by
Stewart Jeremy and Stewart Amie
Seller's Agent
Erica Covelle
Compass
Buyer's Agent
Laurie Marshall
Coldwell Banker Realty - Beverly
List Price
$349,900
Sold Price
$369,900
Premium/Discount to List
$20,000
5.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.23%
Original Mortgage
$351,405
Interest Rate
3.45%
Mortgage Type
New Conventional
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
Doroquez David $515,000 --
Stewart Jeremy $369,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Doroquez David $386,250
Previous Owner Stewart Jeremy $351,405
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2017 03/24/17 Sold $515,000 +9.6% $265 / Sq Ft
02/14/2017 02/14/17 Pending -- -- --
02/09/2017 02/09/17 For Sale $469,900 +27.0% $242 / Sq Ft
06/25/2013 06/25/13 Sold $369,900 +5.7% $249 / Sq Ft
05/23/2013 05/23/13 Pending -- -- --
05/15/2013 05/15/13 For Sale $349,900 -- $236 / 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 $8,693 $763,200 $484,300 $278,900
2024 $8,593 $733,200 $465,200 $268,000
2023 $8,322 $661,000 $419,400 $241,600
2022 $8,010 $600,900 $381,300 $219,600
2021 $10,217 $567,600 $360,400 $207,200
2020 $7,660 $549,100 $348,700 $200,400
2019 $7,219 $507,300 $331,100 $176,200
2018 $6,402 $461,600 $303,300 $158,300
2017 $6,257 $446,000 $293,000 $153,000
2016 $6,547 $451,500 $308,200 $143,300
2015 $6,318 $429,800 $293,400 $136,400
2014 $5,893 $399,800 $272,900 $126,900
Source: Public Records

Agents Affiliated with this Home

  • Michele Wood

    Seller's Agent in 2017

    Michele Wood

    eXp Realty

    (978) 304-3123

    3 Total Sales

    Michele Wood
    Section Image
  • David Ladner

    Buyer's Agent in 2017

    David Ladner

    RE/MAX

    33 in this area

    314 Total Sales

    David Ladner
    Section Image
  • Erica Covelle

    Seller's Agent in 2013

    Erica Covelle

    Compass

    (617) 962-1591

    8 in this area

    179 Total Sales

    Erica Covelle
    Section Image
  • Laurie Marshall

    Buyer's Agent in 2013

    Laurie Marshall

    Coldwell Banker Realty - Beverly

    (508) 560-9074

    20 Total Sales

    Laurie Marshall
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72117577

MLS Property Information Network (MLS PIN)

APN: READ-000008-000000-000112

Massachusetts Middlesex County Reading 01867

556 Summer Ave, Reading, MA

This home is located at 556 Summer Ave, Reading, MA 01867 since 09 February 2017 and is currently estimated at $928,752, approximately $478 per square foot. This property was built in 1969. 556 Summer Ave 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.

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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.

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