78 Summer Ave Reading, MA 01867
Estimated Value: $834,000 - $1,154,074
4
Beds
2.5
Baths
2,600
Sq Ft
$408/Sq Ft
Est. Value
Highlights
- Golf Course Community
- Medical Services
- Custom Closet System
- Alice M. Barrows Elementary School Rated A-
- Open Floorplan
- Deck
About This Home
As of January 2024Important to note... list date does not clearly depict the marketing time that this beauty has been on the mkt.This date was when permits were obtained and construction commenced. The completed product was not ready until March. Other than being attached at one corner,78 Summer Ave and 4 Woodbine St. identify as single family homes.Because it is built with high quality materials makes it possible to have many years of freedom from "honey do lists". It has a fabulous open floor plan, walk out basement plumbed for future bath and finishing and a walk up attic also suitable for future finishing. A true 2nd fl laundry room, closets galore and a 1st floor office makes this a home for todays style of living. The 9x12 composite deck with wrought iron rails overlooks a very sweet useable yard. Walk to town and commuter rail. Summer Ave was once named One of the most desirable streets on the Northshorel. Come on by and see why.
Co-Listed By
Alicia Botticelli-Tarasuk
Colonial Manor Realty
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $8,780
Year Built
- Built in 2022
Lot Details
- Near Conservation Area
- End Unit
Parking
- 2 Car Attached Garage
- Tuck Under Parking
- Driveway
- Open Parking
Home Design
- Frame Construction
- Shingle Roof
- Metal Roof
Interior Spaces
- 2,600 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Recessed Lighting
- Insulated Windows
- Bay Window
- Family Room with Fireplace
- Living Room with Fireplace
- Dining Area
- Home Office
- Basement
- Exterior Basement Entry
Kitchen
- Stove
- Range
- Microwave
- Dishwasher
- Wine Refrigerator
- Wine Cooler
- Stainless Steel Appliances
- Kitchen Island
- Solid Surface Countertops
- Disposal
Flooring
- Wood
- Marble
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary bedroom located on second floor
- Custom Closet System
- Linen Closet
- Walk-In Closet
- Double Vanity
- Bathtub Includes Tile Surround
- Separate Shower
- Linen Closet In Bathroom
Laundry
- Laundry on main level
- Washer and Gas Dryer Hookup
Outdoor Features
- Deck
Location
- Property is near public transit
- Property is near schools
Schools
- Call Supt Elementary And Middle School
- RMHS High School
Utilities
- Central Heating and Cooling System
- 2 Cooling Zones
- 2 Heating Zones
- Heating System Uses Natural Gas
- 200+ Amp Service
- Natural Gas Connected
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 734214
Community Details
Overview
- No Home Owners Association
- 2 Units
Amenities
- Medical Services
- Common Area
- Shops
- Coin Laundry
Recreation
- Golf Course Community
- Tennis Courts
- Community Pool
- Park
- Jogging Path
- Bike Trail
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 2, 2022
Closed on
Jan 4, 2024
Sold by
78 Summer Avenue Llc
Bought by
Pereira Nikhil and Pereira Jillian
Seller's Agent
Bobbie Botticelli
Colonial Manor Realty
Buyer's Agent
Hilary Dunlavey
Compass
List Price
$1,125,000
Sold Price
$1,050,000
Premium/Discount to List
-$75,000
-6.67%
Total Days on Market
391
Views
409
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
$12,019
Avg. Annual Appreciation
0.79%
Original Mortgage
$840,000
Outstanding Balance
$829,823
Interest Rate
7.29%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$232,196
Purchase Details
Closed on
Mar 9, 2004
Sold by
Maccarthy Maureen M and Sorrentino Maureen M
Bought by
Maccarthy Maureen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage
Similar Home in Reading, MA
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 |
|---|---|---|---|
| Pereira Nikhil | $1,050,000 | None Available | |
| Pereira Nikhil | $1,050,000 | None Available | |
| Maccarthy Maureen | -- | -- | |
| Maccarthy Maureen | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Pereira Nikhil | $840,000 | |
| Closed | Pereira Nikhil | $840,000 | |
| Previous Owner | Maccarthy Maureen | $227,000 | |
| Previous Owner | Sorrentino Luis M | $26,500 | |
| Previous Owner | Sorrentino Luis M | $188,000 | |
| Previous Owner | Sorrentino Luis M | $182,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/04/2024 01/04/24 | Sold | $1,050,000 | -4.5% | $404 / Sq Ft |
| 11/29/2023 11/29/23 | Pending | -- | -- | -- |
| 10/05/2023 10/05/23 | Price Changed | $1,099,000 | -2.3% | $423 / Sq Ft |
| 07/10/2023 07/10/23 | For Sale | $1,125,000 | 0.0% | $433 / Sq Ft |
| 06/26/2023 06/26/23 | Pending | -- | -- | -- |
| 06/09/2023 06/09/23 | Price Changed | $1,125,000 | -3.8% | $433 / Sq Ft |
| 04/11/2023 04/11/23 | Price Changed | $1,169,900 | -2.5% | $450 / Sq Ft |
| 02/24/2023 02/24/23 | For Sale | $1,200,000 | 0.0% | $462 / Sq Ft |
| 02/19/2023 02/19/23 | Pending | -- | -- | -- |
| 11/06/2022 11/06/22 | For Sale | $1,200,000 | 0.0% | $462 / Sq Ft |
| 11/06/2022 11/06/22 | Off Market | $1,200,000 | -- | -- |
| 11/02/2022 11/02/22 | For Sale | $1,200,000 | +110.0% | $462 / Sq Ft |
| 07/06/2021 07/06/21 | Sold | $571,500 | +14.3% | $280 / Sq Ft |
| 05/25/2021 05/25/21 | Pending | -- | -- | -- |
| 05/18/2021 05/18/21 | For Sale | $499,900 | -- | $245 / 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 | $12,292 | $1,079,200 | $0 | $1,079,200 |
| 2024 | $5,910 | $504,300 | $0 | $504,300 |
| 2023 | $8,291 | $658,500 | $420,400 | $238,100 |
| 2022 | $8,780 | $658,700 | $382,200 | $276,500 |
| 2021 | $8,637 | $625,400 | $366,200 | $259,200 |
| 2020 | $8,303 | $595,200 | $348,500 | $246,700 |
| 2019 | $8,068 | $567,000 | $332,000 | $235,000 |
| 2018 | $7,416 | $534,700 | $313,100 | $221,600 |
| 2017 | $7,124 | $507,800 | $295,300 | $212,500 |
| 2016 | $6,406 | $441,800 | $264,600 | $177,200 |
| 2015 | $6,195 | $421,400 | $244,500 | $176,900 |
| 2014 | $6,048 | $410,300 | $236,300 | $174,000 |
Source: Public Records
Agents Affiliated with this Home
-
Bobbie Botticelli
Seller's Agent in 2024
Bobbie Botticelli
Colonial Manor Realty
(781) 844-9371
44 in this area
79 Total Sales
-
Seller Co-Listing Agent in 2024
Alicia Botticelli-Tarasuk
Colonial Manor Realty
(781) 844-5307
-
Hilary Dunlavey
Buyer's Agent in 2024
Hilary Dunlavey
Compass
(617) 646-9334
3 in this area
46 Total Sales
-
Mary Ann Quinn
Seller's Agent in 2021
Mary Ann Quinn
Wilson Wolfe Real Estate
(617) 710-6852
75 in this area
116 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73054583
APN: READ-000020-000000-000222
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