$369,900
SOLD JUN 25, 2013

556 Summer Ave Reading, MA 01867

3 Beds
1 Bath
1,485 Sq Ft
0.89 Acres

Recently Sold

$249 Per Sq Ft

6% Above List Price

8 Days on Market

About This Home

As of March 2017

WELCOME HOME! LOCATION, LOCATION, LOCATION... A commuters dream just minutes to ALL MAJOR ROUTES & only 10 miles to DOWNTOWN BOSTON! ENJOY single level living on this SET BACK THREE BEDROOM RANCH that features an exceptionally spacious FINISHED BASEMENT that includes a COZY FIRE PLACE just perfect for those who like to ENTERTAIN. A MOVE IN READY, clear pallet... leaving room for PERSONAL TOUCH that lends itself to a more CUSTOM non contractor FEEL! The perfect OPPORTUNITY TO CALL READING "HOME"

Last Agent to Sell the Property

Erica Covelle

Compass Listed on: 05/15/2013

Compass

Last Buyer's Agent

Laurie Marshall

Coldwell Banker Realty - Beverly

Coldwell Banker Realty - Beverly

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%
Total Days on Market
8
Current Estimated Value
$894,607

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$379,607
Avg. Annual Appreciation
6.80%
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:

Collateral Analytics

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ICE

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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 Type Sale Price Title Company
Not Resolvable $515,000 --
Not Resolvable $369,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $386,250 New Conventional
Previous Owner $331,500 Stand Alone Refi Refinance Of Original Loan
Previous Owner $351,405 New Conventional
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

    30 in this area

    304 Total Sales

    David Ladner
    Section Image
  • Erica Covelle

    Seller's Agent in 2013

    Erica Covelle

    Compass

    (617) 962-1591

    8 in this area

    178 Total Sales

    Erica Covelle
    Section Image
  • Laurie Marshall

    Buyer's Agent in 2013

    Laurie Marshall

    Coldwell Banker Realty - Beverly

    (508) 560-9074

    18 Total Sales

    Laurie Marshall
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71526623

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 and is currently priced at $369,900, approximately $249 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.

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.

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