NOT LISTED FOR SALE

56 Forest St Reading, MA 01867

Estimated Value: $887,000 - $981,146

4 Beds
2 Baths
2,382 Sq Ft
$390/Sq Ft Est. Value

Last Sold October 22, 2020

Last sale price $689,000 $289 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $5,933/month

5 Days on Market

Highlights

  • Above Ground Pool
  • Deck
  • Patio
  • Birch Meadow Elementary School Rated A-
  • Wood Flooring
  • Storage Shed

About This Home

As of October 2020

Pool, garage, 4 bedrooms – sign me up! After 26 years, this traditional center entrance Colonial in popular Birch Meadow neighborhood is ready for a new owner. Just a short walk to the Birch Meadow complex, where you’ll find all grade level schools, YMCA, & sports field. Home features awesome outdoor space with 2 tier yard equipped with patio, deck with beautiful above ground pool, & plenty of green space to enjoy. Step inside to find front to back fireplaced living room with bonus over-sized family room with additional fireplace. Hardwood & crown molding throughout with updated eat in kitchen, mudroom, new 1/2 bath & dedicated dining area. All 4 bedrooms located on 2nd level with renovated full bath, plenty of closets & additional storage in attic. Finished basement offers more room to play & even more storage. Ample parking with shed and garage to hold all your toys! Meticulously maintained in a superb location. Come see for yourself why Reading is the hottest town north of Boston!

Last Agent to Sell the Property

Susan Gormady

Classified Realty Group Listed on: 07/30/2020

Last Buyer's Agent

Katie Varney

Classified Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,656

Year Built

  • Built in 1963

Lot Details

  • 0.34

Parking

  • 1 Car Garage

Kitchen

  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Above Ground Pool
  • Deck
  • Patio
  • Storage Shed
  • Rain Gutters

Schools

  • RMHS High School

Utilities

  • Hot Water Baseboard Heater
  • Heating System Uses Oil
  • Water Holding Tank
  • Internet Available
  • Cable TV Available

Additional Features

  • Window Screens
  • Property is zoned S15
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:039.0-0000-0024.0

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,656

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Colonial
  • Other Agent: 2.00
  • Year Built Description: Actual, Renovated Since
  • List Price Per Sq Ft: 285.47
  • Comp Based On: Net Sale Price
  • Year Built: 1963
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1963

Interior Features

  • Fireplaces: 2
  • Flooring: Tile, Wall to Wall Carpet, Hardwood
  • Interior Amenities: Cable Available, Internet Available - Unknown
  • Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
  • No Bedrooms: 4
  • Master Bedroom: On Level: Second Floor, Dimension: 16X11, Closet, Flooring - Hardwood
  • Bedroom 2: On Level: Second Floor, Dimension: 12X10, Closet, Flooring - Hardwood
  • Bedroom 3: On Level: Second Floor, Dimension: 10X9, Closet, Flooring - Hardwood
  • Bedroom 4: On Level: Second Floor, Dimension: 11X11, Closet, Flooring - Hardwood
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bathroom 1: On Level: First Floor, Bathroom - Half, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Decorative Molding
  • Bathroom 2: On Level: Second Floor, Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
  • No Rooms: 8
  • Dining Room: On Level: First Floor, Dimension: 12X11, Flooring - Hardwood, Chair Rail
  • Family Room: On Level: First Floor, Dimension: 17X16, Fireplace, Ceiling Fan(s), Flooring - Hardwood, Crown Molding
  • Kitchen: On Level: First Floor, Dimension: 18X9, Flooring - Hardwood
  • Laundry: On Level: Basement, Dryer Hookup - Electric, Washer Hookup
  • Living Room: On Level: First Floor, Dimension: 20X13, Fireplace, Flooring - Hardwood
  • Basement: Y
  • Basement Features: Full, Finished, Partially Finished, Bulkhead, Sump Pump
  • Other Room 1: Name: Play Room, On Level: Basement, Dimension: 22X18, Flooring - Wall to Wall Carpet
  • Other Room 2: Name: Mud Room, On Level: First Floor, Dimension: 10X7, Closet, Flooring - Stone/Ceramic Tile
  • Main Lo: B95141
  • Main So: B95141
  • Estimated Sq Ft: 2382.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Deck, Patio, Pool - Above Ground, Gutters, Storage Shed, Screens
  • Foundation: Poured Concrete
  • Insulation Feature: Full

Garage/Parking

  • Parking Feature: Off-Street, Improved Driveway, Paved Driveway
  • Parking Spaces: 5
  • Garage Parking: Detached
  • Garage Spaces: 1

Utilities

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

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station

Schools

  • Elementary School: Birch Meadow
  • Middle School: Coolidge
  • High School: RMHS

Lot Info

  • Assessments: 610900.00
  • Acre: 0.34
  • Lot Size: 15000.00
  • Page: 297
  • Parcel Number: M:039.0-0000-0024.0
  • Zoning: S15
  • Lot Description: Paved Drive

Green Features

  • Energy Features: Insulated Windows, Prog. Thermostat

Tax Info

  • Taxes: 8522.00
  • Assessor Parcel Number: 736413
  • Tax Year: 2020

MLS Schools

  • Grade School: Birch Meadow
  • High School: RMHS
  • Middle School: Coolidge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 1994
Sold by
Short Douglas O and Short Joan M
Bought by
Oleary Peter C and Oleary Barbara
Current Estimated Value
$928,537

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
8.55%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Oleary Peter C $245,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Means John E $90,000
Open Means John E $551,200
Closed Fitzpatrick Patricia M $200,000
Closed Oleary Barbara $50,000
Closed Oleary Barbara $200,000
Closed Short Douglas O $196,000
Closed Short Douglas O $185,000
Previous Owner Short Douglas O $183,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2020 10/22/20 Sold $689,000 +1.3% $289 / Sq Ft
08/04/2020 08/04/20 Pending -- -- --
07/30/2020 07/30/20 For Sale $679,999 -- $285 / 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 $9,656 $847,800 $500,800 $347,000
2024 $9,548 $814,700 $481,100 $333,600
2023 $9,259 $735,400 $433,800 $301,600
2022 $8,920 $669,200 $394,300 $274,900
2021 $8,860 $641,600 $377,800 $263,800
2020 $8,522 $610,900 $359,600 $251,300
2019 $7,343 $582,200 $342,500 $239,700
2018 $7,620 $549,400 $323,000 $226,400
2017 $7,277 $518,700 $304,700 $214,000
2016 $6,838 $471,600 $273,000 $198,600
2015 $6,415 $436,400 $252,300 $184,100
2014 $6,219 $421,900 $243,800 $178,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72701037

MLS Property Information Network (MLS PIN)

APN: READ-000039-000000-000024