NOT LISTED FOR SALE

58 Oak St Reading, MA 01867

Estimated Value: $1,011,000 - $1,084,490

4 Beds
2.5 Baths
2,526 Sq Ft
$419/Sq Ft Est. Value

Last Sold September 28, 2023

Last sale price $875,000 $346 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $6,365/month

9 Days on Market

Highlights

  • 0.76 Acre Lot
  • Open Floorplan
  • Colonial Architecture
  • Joshua Eaton Elementary School Rated A-
  • Custom Closet System
  • Covered Deck

About This Home

As of September 2023

Great Opportunity Center Entry Colonial 4 bedroom 2 1/2 Bath with 1 car garage in Reading's West side featuring a large yard with finished walk out basement. Updated bathrooms, freshly refurbished hardwood floors. Easy to show.

Last Agent to Sell the Property

John Magazzu

Charlesgate Realty Group LLC Listed on: 08/03/2023

Co-Listed By

Kevin Chiles

Charlesgate Realty Group LLC

Last Buyer's Agent

John Magazzu

Charlesgate Realty Group LLC Listed on: 08/03/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,835

Year Built

  • Built in 1962

Lot Details

  • 0.76 Acre Lot
  • Property is zoned S15

Parking

  • 1 Car Attached Garage
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,526 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Insulated Windows
  • Family Room with Fireplace
  • 2 Fireplaces

Kitchen

  • Breakfast Bar
  • Stove
  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • Custom Closet System
  • Walk-In Closet

Laundry

  • Laundry in Bathroom
  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Covered Deck
  • Enclosed Patio or Porch

Location

  • Property is near public transit and schools

Schools

  • Joshua Eaton Elementary School
  • RMS Middle School
  • RHS High School

Utilities

  • Window Unit Cooling System
  • Central Heating
  • 3 Heating Zones
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 731433

Community Details

Recreation

  • Park

Additional Features

  • No Home Owners Association
  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,835

Year Built

Built in 1962

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Colonial
  • Year Built: 1962
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Wood, Laminate
  • Interior Amenities: High Speed Internet
  • Fireplace Features: Family Room
  • Fireplace YN: Yes
  • Fireplaces: 2
  • Appliances: Range,Dishwasher,Microwave,Refrigerator,Washer,Dryer
  • Total Bedrooms: 4
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Flooring - Hardwood
  • Room Bedroom3 Features: Flooring - Hardwood
  • Room Bedroom3 Level: Second
  • Room Bedroom4 Level: Second
  • Room Bedroom4 Features: Flooring - Hardwood
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Room Master Bedroom Features: Walk-In Closet(s), Flooring - Hardwood
  • Room Master Bedroom Level: Second
  • Master Bathroom Features: No
  • Bathroom 1 Level: First
  • Bathroom 2 Level: Second
  • Bathroom 3 Features: Dryer Hookup - Electric, Washer Hookup
  • Bathroom 3 Level: Basement
  • Room Dining Room Features: Closet/Cabinets - Custom Built, Flooring - Hardwood
  • Room Dining Room Level: First
  • Room Family Room Level: First
  • Room Family Room Features: Flooring - Hardwood
  • Room Kitchen Level: First
  • Room Kitchen Features: Ceiling Fan(s), Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Open Floorplan, Recessed Lighting, Gas Stove
  • Laundry Features: Bathroom - Full, Electric Dryer Hookup, Washer Hookup, In Basement
  • Basement: Full, Partially Finished
  • Living Area: 2526
  • Spa YN: No
  • Window Features: Insulated Windows
  • MAIN LO: AN2612
  • MAIN SO: AN2612
  • Insulation: Full

Exterior Features

  • Exterior Features: Deck - Vinyl, Patio, Patio - Enclosed, Covered Patio/Deck
  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Patio And Porch Features: Deck - Vinyl, Patio, Enclosed, Covered
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage YN: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Attached, Paved Drive, Off Street
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Heating: Central, Baseboard, Natural Gas
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • SEWAGE DISTRICT: MWRA
  • HEAT ZONES: 3
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Shopping, Park, Highway Access, Public School
  • Senior Community YN: No

Lot Info

  • Parcel Number: 731433
  • Zoning: S15
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.76
  • Lot Size Sq Ft: 32915
  • Lot Size Units: Acres
  • Property Attached YN: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 9835

Multi Family

  • Basement Included Sq Ft: Yes

MLS Schools

  • High School: Rhs
  • Elementary School: Joshua Eaton
  • Middle Or Junior School: Rms

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2023
Closed on
Sep 25, 2023
Sold by
Fratto Marie J
Bought by
Novak Steven and Novak Duygucan
Seller's Agent
John Magazzu
Charlesgate Realty Group LLC
Buyer's Agent
John Magazzu
Charlesgate Realty Group LLC
List Price
$850,000
Sold Price
$875,000
Premium/Discount to List
$25,000
2.94%
Views
69
Current Estimated Value
$1,057,623

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,623
Avg. Annual Appreciation
8.67%
Original Mortgage
$726,000
Outstanding Balance
$709,913
Interest Rate
6.96%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$347,710

Purchase Details

Closed on
Dec 21, 2007
Sold by
Addison Wesley Longma
Bought by
Jacob Way Llc

Purchase Details

Closed on
Apr 21, 1987
Sold by
Roche Lawrence S
Bought by
Fratto Thomas G
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Novak Steven $875,000 None Available
Jacob Way Llc $18,900,000 --
Jacob Way Llc $18,900,000 --
Fratto Thomas G $260,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Novak Steven $726,000
Previous Owner Fratto Thomas G $266,000
Previous Owner Fratto Thomas G $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2023 09/28/23 Sold $875,000 +2.9% $346 / Sq Ft
08/13/2023 08/13/23 Pending -- -- --
08/11/2023 08/11/23 For Sale $850,000 0.0% $337 / Sq Ft
08/10/2023 08/10/23 Pending -- -- --
08/03/2023 08/03/23 For Sale $850,000 -- $337 / 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 $10,085 $885,400 $511,500 $373,900
2024 $10,154 $866,400 $491,400 $375,000
2023 $9,835 $781,200 $443,100 $338,100
2022 $9,430 $707,400 $402,800 $304,600
2021 $9,246 $669,500 $385,900 $283,600
2020 $8,888 $637,100 $367,300 $269,800
2019 $8,635 $606,800 $349,800 $257,000
2018 $7,938 $572,300 $329,900 $242,400
2017 $7,575 $539,900 $311,200 $228,700
2016 $7,246 $499,700 $311,700 $188,000
2015 $6,787 $461,700 $288,000 $173,700
2014 $6,577 $446,200 $278,300 $167,900
Source: Public Records

Agents Affiliated with this Home

  • John Magazzu

    Seller's Agent in 2023

    John Magazzu

    Charlesgate Realty Group LLC

    (978) 815-6098

    11 in this area

    78 Total Sales

    John Magazzu
    Section Image

  • K

    Seller Co-Listing Agent in 2023

    Kevin Chiles

    Charlesgate Realty Group LLC

    (781) 632-7505

    2 in this area

    31 Total Sales

    Kevin Chiles
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73143930

MLS Property Information Network (MLS PIN)

APN: READ-000011-000000-000012

Massachusetts Middlesex County Reading 01867

58 Oak St, Reading, MA

Not Listed for Sale

Detached

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