NOT LISTED FOR SALE

7 Heritage Dr Reading, MA 01867

Estimated Value: $796,629 - $924,000

3 Beds
2 Baths
1,363 Sq Ft
$619/Sq Ft Est. Value

Last Sold August 28, 2014

Last sale price $425,000 $312 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $5,052/month

36 Days on Market

About This Home

As of August 2014

YOUR FIRST HOME? DOWNSIZING? TAKE A LOOK at this spacious Ranch! Everything you need is on one floor and nothing to do but move in. Beautiful updated granite kitchen & baths. Central air, security system and many updates. Basement also has a finished playroom, work area and 1/2 bath.

Last Agent to Sell the Property

Mary Ann Quinn

Wilson Wolfe Real Estate Listed on: 06/25/2014

Last Buyer's Agent

Evelyn Rockas

Coldwell Banker Realty - Lynnfield

Coldwell Banker Realty - Lynnfield

Home Details

Home Type

Single Family

Year Built

1966

Lot Details

0

Listing Details

  • Lot Description: Wooded, Paved Drive
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1966

Interior Features

  • Has Basement: Yes
  • Fireplaces: 1
  • Number of Rooms: 7
  • Electric: Circuit Breakers, 200 Amps
  • Flooring: Tile, Hardwood
  • Interior Amenities: Security System
  • Basement: Full, Partially Finished, Walk Out, Sump Pump, Concrete Floor
  • Bedroom 2: First Floor, 11X9
  • Bedroom 3: First Floor, 9X8
  • Bathroom #1: First Floor
  • Bathroom #2: Basement
  • Kitchen: First Floor, 11X10
  • Laundry Room: Basement
  • Living Room: First Floor, 12X11
  • Master Bedroom: First Floor, 12X11
  • Master Bedroom Description: Ceiling Fan(s), Closet, Flooring - Hardwood
  • Dining Room: First Floor, 11X8
  • Family Room: First Floor, 17X12

Exterior Features

  • Construction: Frame
  • Exterior: Shingles, Wood
  • Exterior Features: Porch, Gutters, Fenced Yard
  • Foundation: Poured Concrete

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 2

Utilities

  • Heat Zones: 1
  • Hot Water: Tank
  • Utility Connections: for Electric Dryer, Washer Hookup

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2014
Closed on
Aug 28, 2014
Sold by
Pember John C and Pember Maria C
Bought by
Kerns Scott J and Kerns Margaret C
Seller's Agent
Mary Ann Quinn
Wilson Wolfe Real Estate
Buyer's Agent
Evelyn Rockas
Coldwell Banker Realty - Lynnfield
List Price
$399,900
Sold Price
$425,000
Premium/Discount to List
$25,100
6.28%
Current Estimated Value
$843,407

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$418,407
Avg. Annual Appreciation
6.22%
Original Mortgage
$365,000
Outstanding Balance
$279,431
Interest Rate
4.14%
Mortgage Type
New Conventional
Estimated Equity
$563,976

Purchase Details

Closed on
Apr 29, 2003
Sold by
Baig Babar Ali and Baig Joy Edith
Bought by
Pember John C and Moscati Maria C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,750
Interest Rate
5.64%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kerns Scott J $425,000 --
Pember John C $284,750 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kerns Scott J $365,000
Previous Owner Pember John C $278,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2014 08/28/14 Sold $425,000 0.0% $312 / Sq Ft
07/31/2014 07/31/14 Pending -- -- --
06/30/2014 06/30/14 Off Market $425,000 -- --
06/25/2014 06/25/14 For Sale $399,900 -- $293 / 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 $7,594 $666,700 $365,600 $301,100
2024 $7,367 $628,600 $344,700 $283,900
2023 $7,327 $582,000 $319,200 $262,800
2022 $7,053 $529,100 $290,200 $238,900
2021 $6,567 $475,500 $260,500 $215,000
2020 $6,311 $452,400 $247,800 $204,600
2019 $6,240 $438,500 $240,200 $198,300
2018 $829 $413,700 $226,600 $187,100
2017 $5,424 $386,600 $211,800 $174,800
2016 $5,414 $373,400 $209,600 $163,800
2015 $4,755 $323,500 $199,600 $123,900
2014 $4,541 $308,100 $190,100 $118,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71705097

MLS Property Information Network (MLS PIN)

APN: READ-000029-000000-000057