NOT LISTED FOR SALE

56 Pearl St Reading, MA 01867

Estimated Value: $862,000 - $949,000

3 Beds
2 Baths
1,658 Sq Ft
$539/Sq Ft Est. Value

Last Sold May 05, 2016

Last sale price $482,000 $291 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $5,458/month

7 Days on Market

About This Home

As of May 2016

Sun filled, high ceiling, cheerful and charming house is the one, - you have been waiting for. Good-size level yard will provide a nice playing space for children and gardening joy for you. The house is located in wonderful neighborhood. It is close to historic Reading center, the largest park in town and shopping center. The location is commuter-friendly, with access to highway route 93/95 in 2 miles and to commuter rail station in 15 min walk. This Victorian era farmhouse has sturdy structure and has been providing comfort to families for a long time. The 1st floor family room with skylights will make you imagine good old days. Along with historic charms, there are a few new features: “ Never Re-Roof again”- Interlock metal roof (snow of 2015 was not even a concern), replacement windows, hardwood deck, radon mitigation system, and a powerful boiler. If you wish, the spacious basement can be finished as you like.

Last Agent to Sell the Property

Akiko Ghosh

Oyama Investments, Ltd. Listed on: 03/09/2016

Last Buyer's Agent

'Robert Corwin

Century 21 North East

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,901

Year Built

1895

Lot Details

0

Listing Details

  • Lot Description: Level
  • Property Type: Single Family
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1895

Interior Features

  • Appliances: Range, Wall Oven, Dishwasher, Disposal, Microwave, Refrigerator, Freezer
  • Has Basement: Yes
  • Number of Rooms: 7
  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station
  • Electric: 110 Volts, 100 Amps
  • Energy: Insulated Windows, Prog. Thermostat
  • Flooring: Wood, Tile, Vinyl, Pine, Stone / Slate
  • Insulation: Partial, Styrofoam, Fiberglass - Loose
  • Basement: Full, Walk Out, Interior Access, Radon Remediation System, Concrete Floor, Unfinished Basement
  • Bedroom 2: Second Floor, 13X12
  • Bedroom 3: Second Floor, 12X12
  • Bathroom #1: First Floor, 6X6
  • Bathroom #2: Second Floor, 8X7
  • Kitchen: First Floor, 13X13
  • Laundry Room: Basement
  • Living Room: First Floor, 12X12
  • Master Bedroom: Second Floor, 13X12
  • Master Bedroom Description: Ceiling Fan(s), Closet, Flooring - Hardwood
  • Dining Room: First Floor, 13X13
  • Family Room: First Floor, 12X12

Exterior Features

  • Roof: Metal
  • Construction: Frame
  • Exterior: Clapboard
  • Exterior Features: Porch, Deck - Wood, Gutters, Fenced Yard, Garden Area
  • Foundation: Brick

Garage/Parking

  • Garage Parking: Detached
  • Garage Spaces: 1
  • Parking: Paved Driveway
  • Parking Spaces: 5

Utilities

  • Cooling: Window AC
  • Heating: Hot Water Baseboard, Hot Water Radiators, Oil
  • Heat Zones: 4
  • Hot Water: Oil
  • Utility Connections: for Gas Range, for Gas Oven
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Schools

  • Elementary School: Killiam
  • Middle School: Walter Parker
  • High School: Reading

Lot Info

  • Assessor Parcel Number: 028.0-0000-0037.0
  • Zoning: S15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2011
Sold by
Damerjian David and Damerjian Liesje
Bought by
Arai Ken and Arai Junko
Current Estimated Value
$892,862

Purchase Details

Closed on
May 29, 1998
Sold by
Block Albert E and Block Susan R
Bought by
Damerjian David and Damerjian Liesje

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 30, 1991
Sold by
Salter Robert S and Salter Lorraine Z
Bought by
Block Albert E and Block Susan R
Source: Public Records

Range of Values:

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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
Arai Ken $409,500 --
Damerjian David $276,000 --
Block Albert E $188,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Block Albert E $111,000
Previous Owner Block Albert E $176,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2016 05/05/16 Sold $482,000 -3.6% $291 / Sq Ft
03/16/2016 03/16/16 Pending -- -- --
03/09/2016 03/09/16 For Sale $499,900 -- $302 / 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 $8,901 $781,500 $457,100 $324,400
2024 $8,884 $758,000 $443,200 $314,800
2023 $8,326 $661,300 $386,100 $275,200
2022 $7,917 $593,900 $346,300 $247,600
2021 $8,933 $558,800 $332,400 $226,400
2020 $4,291 $547,800 $325,800 $222,000
2019 $7,428 $522,000 $310,300 $211,700
2018 $5,350 $487,900 $289,800 $198,100
2017 $6,803 $484,900 $277,000 $207,900
2016 $6,477 $446,700 $263,700 $183,000
2015 $6,076 $413,300 $243,700 $169,600
2014 $5,890 $399,600 $235,500 $164,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71969134

MLS Property Information Network (MLS PIN)

APN: READ-000028-000000-000037