S
Seller's Agent in 2024
Stakem Team
Leading Edge Real Estate
(781) 944-6060
55 in this area
109 Total Sales
61 Red Gate Ln Reading, MA 01867
Estimated Value: $1,133,000 - $1,254,000
4
Beds
2.5
Baths
2,242
Sq Ft
$532/Sq Ft
Est. Value
Highlights
- Deck
- Property is near public transit
- Vaulted Ceiling
- Joshua Eaton Elementary School Rated A-
- Living Room with Fireplace
- Wood Flooring
About This Home
As of July 2024Proudly presenting the one you will not want to miss!!! This expanded split level home has been lovingly and meticulously maintained by its longtime owners and is located in one of the most sought after neighborhoods on the west side of town. Close proximity to schools, parks, town center, and all that Reading has to offer. The main level features beautiful hardwood flooring throughout the oversized fireplaced living room w/bay window, updated kitchen w/island that opens to the formal dining room, primary en-suite bedroom and 2 additional large bedrooms. A 2010 addition added a stunning family room with an abundance of natural light off the back of the home. The lower level offers a play room w/fireplace, a 4th bedroom, half bath and a laundry room. There is a bonus room perfect for storage or could be finished to create more living space. Enjoy warmer months in the Central AC on the main level or on the composite deck overlooking the landscaped backyard. 2 car attached garage.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,767
Year Built
- Built in 1970
Lot Details
- 0.55 Acre Lot
- Level Lot
- Garden
- Property is zoned S15
Parking
- 2 Car Attached Garage
- Open Parking
- Off-Street Parking
Home Design
- Split Level Home
- Frame Construction
- Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,242 Sq Ft Home
- Crown Molding
- Vaulted Ceiling
- Ceiling Fan
- Recessed Lighting
- Light Fixtures
- Bay Window
- Living Room with Fireplace
- 2 Fireplaces
- Bonus Room
- Play Room
Kitchen
- Range
- Microwave
- Dishwasher
- Kitchen Island
- Solid Surface Countertops
- Disposal
Flooring
- Wood
- Wall to Wall Carpet
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
- Bathtub with Shower
- Separate Shower
Laundry
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Garage Access
- Sump Pump
- Laundry in Basement
Outdoor Features
- Balcony
- Deck
- Rain Gutters
Location
- Property is near public transit
- Property is near schools
Schools
- Parker Middle School
- RMHS High School
Utilities
- Central Air
- 1 Cooling Zone
- Heating System Uses Oil
- Baseboard Heating
- 200+ Amp Service
- Water Heater
Listing and Financial Details
- Assessor Parcel Number M:007.000000282.0,731451
Community Details
Recreation
- Park
Additional Features
- No Home Owners Association
- Shops
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 10, 2024
Sold by
Cervera Oscar M and Anaya Maria A
Bought by
61 Red Gate Lane Rt and Cervera
Current Estimated Value
Purchase Details
Listed on
May 29, 2024
Closed on
Jul 10, 2024
Sold by
Newhall Peter G and Newhall Barbara B
Bought by
Cervera Oscar M and Anaya Maria A
Seller's Agent
Stakem Team
Leading Edge Real Estate
Buyer's Agent
Elizabeth Darby
Berkshire Hathaway HomeServices Commonwealth Real Estate
List Price
$1,079,000
Sold Price
$1,079,000
Views
34
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.07%
Original Mortgage
$755,300
Interest Rate
7.03%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 2, 1988
Sold by
Dehne George C
Bought by
Newhall Peter G
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 61 Red Gate Lane Rt | -- | None Available | |
| 61 Red Gate Lane Rt | -- | None Available | |
| Cervera Oscar M | $1,079,000 | None Available | |
| Cervera Oscar M | $1,079,000 | None Available | |
| Cervera Oscar M | $1,079,000 | None Available | |
| Newhall Peter G | $292,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Cervera Oscar M | $755,300 | |
| Previous Owner | Newhall Peter G | $125,000 | |
| Previous Owner | Newhall Peter G | $29,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/10/2024 07/10/24 | Sold | $1,079,000 | 0.0% | $481 / Sq Ft |
| 06/04/2024 06/04/24 | Pending | -- | -- | -- |
| 05/29/2024 05/29/24 | For Sale | $1,079,000 | -- | $481 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $11,625 | $1,020,600 | $612,700 | $407,900 |
| 2024 | $11,767 | $1,004,000 | $602,800 | $401,200 |
| 2023 | $11,073 | $879,500 | $528,000 | $351,500 |
| 2022 | $11,060 | $829,700 | $498,100 | $331,600 |
| 2021 | $4,961 | $775,700 | $455,800 | $319,900 |
| 2020 | $4,779 | $737,600 | $433,400 | $304,200 |
| 2019 | $9,863 | $693,100 | $407,200 | $285,900 |
| 2018 | $8,996 | $648,600 | $381,100 | $267,500 |
| 2017 | $4,050 | $635,800 | $373,600 | $262,200 |
| 2016 | $9,103 | $627,800 | $368,800 | $259,000 |
| 2015 | $8,391 | $570,800 | $335,300 | $235,500 |
| 2014 | $8,414 | $570,800 | $335,300 | $235,500 |
Source: Public Records
Agents Affiliated with this Home
-
Stakem Team
-
Elizabeth Stakem
E
Seller Co-Listing Agent in 2024
Elizabeth Stakem
Leading Edge Real Estate
33 in this area
39 Total Sales
-
Elizabeth Darby
Buyer's Agent in 2024
Elizabeth Darby
Berkshire Hathaway HomeServices Commonwealth Real Estate
(617) 775-5663
1 in this area
66 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73244391
APN: READ-000007-000000-000282
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.
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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