62 Franklin St Reading, MA 01867
Estimated Value: $697,000 - $748,000
2
Beds
1
Bath
1,240
Sq Ft
$579/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Patio
- Heating System Uses Steam
- Wood End Elementary School Rated A-
- Tankless Water Heater
About This Home
As of May 2021Back on the Market !!!! $20K price Improvement!!The potential in this cozy 2 bedroom Bungalow home has endless possibilities.The 1st floor features an eat-in kitchen w/stainless steel appliances including a double oven & farmers sink.It also has the master bedroom with a walk-in closet, laundry room,living room,a full bath w/a pedestal sink,& jetted tub and an enclosed heated porch.The 2nd floor has the second bedroom with an area for an office and has extra storage space.The home has hardwood floors though out,crown molding,recessed lighting,& ceiling fans.The lower level has a finished family room & a room that can be used as storage or workshop.The fenced in backyard has a patio idea for grilling and relaxing at the end of a long day.There is a paved driveway way that has room for 4 cars and a detached 1 car garage.Property is being sold in "AS-IS" condition.
Last Listed By
Berkshire Hathaway HomeServices Verani Realty Salem Listed on: 11/19/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,253
Year Built
- Built in 1937
Lot Details
- 0.7
Parking
- 1 Car Garage
Kitchen
- Range
- Dishwasher
Utilities
- Heating System Uses Steam
- Heating System Uses Oil
- Tankless Water Heater
- Oil Water Heater
Additional Features
- Wood Flooring
- Patio
- Property is zoned MULT HS
- Basement
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 19, 2020
Closed on
May 27, 2021
Sold by
Gomez Richard A and Gomez Andrea C
Bought by
Dewberry Ronald C and Dewberry Robin C
Seller's Agent
Daniel Mendonca
Berkshire Hathaway HomeServices Verani Realty Salem
Buyer's Agent
Peter Boyajian
Real Estate 109
List Price
$489,900
Sold Price
$501,500
Premium/Discount to List
$11,600
2.37%
Total Days on Market
108
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,859
Avg. Annual Appreciation
9.45%
Original Mortgage
$451,350
Outstanding Balance
$413,642
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$304,717
Purchase Details
Closed on
Dec 23, 2002
Sold by
Navarro Kimberly A and Navarro Anthony R
Bought by
Gomez Richard A and Gomez Andrea C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 5, 1990
Sold by
Oram Ada T Est
Bought by
Navarro Anthony R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
10.1%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
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Similar Homes in Reading, MA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Dewberry Ronald C | $501,500 | None Available | |
| Gomez Richard A | $300,000 | -- | |
| Navarro Anthony R | $140,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Dewberry Ronald C | $451,350 | |
| Previous Owner | Gomez Andrea C | $300,000 | |
| Previous Owner | Gomez Andrea C | $56,250 | |
| Previous Owner | Gomez Andrea C | $300,000 | |
| Previous Owner | Gomez Andrea C | $37,500 | |
| Previous Owner | Gomez Andrea C | $310,000 | |
| Previous Owner | Gomez Andrea C | $25,000 | |
| Previous Owner | Gomez Andrea C | $237,500 | |
| Previous Owner | Gomez Andrea C | $182,000 | |
| Previous Owner | Gomez Richard A | $180,000 | |
| Previous Owner | Navarro Anthony R | $112,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/27/2021 05/27/21 | Sold | $501,500 | +2.4% | $404 / Sq Ft |
| 03/07/2021 03/07/21 | Pending | -- | -- | -- |
| 03/01/2021 03/01/21 | Price Changed | $489,900 | 0.0% | $395 / Sq Ft |
| 03/01/2021 03/01/21 | For Sale | $489,900 | -3.9% | $395 / Sq Ft |
| 11/22/2020 11/22/20 | Pending | -- | -- | -- |
| 11/19/2020 11/19/20 | For Sale | $509,900 | -- | $411 / 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 | $8,253 | $724,600 | $502,600 | $222,000 |
| 2024 | $8,237 | $702,800 | $487,400 | $215,400 |
| 2023 | $7,714 | $612,700 | $424,600 | $188,100 |
| 2022 | $7,332 | $550,000 | $380,800 | $169,200 |
| 2021 | $7,359 | $532,900 | $365,500 | $167,400 |
| 2020 | $7,286 | $522,300 | $358,200 | $164,100 |
| 2019 | $7,081 | $497,600 | $341,200 | $156,400 |
| 2018 | $6,448 | $464,900 | $318,600 | $146,300 |
| 2017 | $6,238 | $444,600 | $304,600 | $140,000 |
| 2016 | $5,933 | $409,200 | $290,000 | $119,200 |
| 2015 | $5,561 | $378,300 | $268,000 | $110,300 |
| 2014 | $5,196 | $352,500 | $258,900 | $93,600 |
Source: Public Records
Agents Affiliated with this Home
-
Daniel Mendonca
Seller's Agent in 2021
Daniel Mendonca
Berkshire Hathaway HomeServices Verani Realty Salem
(603) 490-8801
1 in this area
109 Total Sales
-
Peter Boyajian
Buyer's Agent in 2021
Peter Boyajian
Real Estate 109
(617) 834-4807
2 in this area
57 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72759221
APN: READ-000052-000000-000023
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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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