NOT LISTED FOR SALE

8 Rachel Rd Reading, MA 01867

Estimated Value: $828,000 - $1,072,000

3 Beds
2 Baths
1,774 Sq Ft
$557/Sq Ft Est. Value

Last Sold October 20, 2016

Last sale price $650,000 $366 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $6,311/month

5 Days on Market

Highlights

  • Open Floorplan
  • Deck
  • Living Room with Fireplace
  • Joshua Eaton Elementary School Rated A-
  • Property is near public transit
  • Ranch Style House

About This Home

As of October 2016

Incredibly bright & spacious open-concept JUST renovated home is perfect blend of modern living & classic New England character. Quiet cul-de-sac & steps to J Eaton School in desirable West Side. Perfect for entertaining & comfortable family living, huge main level - w/ luminous oak hardwood floors & encompassed by windows - boasts gorgeous kitchen w/stunning white cabinets / Whirlpool SS appliances / gleaming subway tiled backsplash / Midnite black granite counters / massive breakfast bar w/"drawer"microwave / stylish pendant lights all overlooking plush backyard from oversized windows. Kitchen leads to exceptional open dining/living room w/handsome stone accent wall, woodburning FP, wainscoting, crown moulding & recessed lighting. 3 Large bdrms includes wonderful mastersuite w/vessel sink & honeycomb tile. 2nd bath w/extra wide tiled floor & shower/tub. Lovely sunroom leads to large outdoor deck & backyard. Fireplace in "ready to finish" basement. Central Air and 1 car garage.

Last Listed By

John Coyne

True North Realty Listed on: 08/25/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,722

Year Built

  • Built in 1957 | Remodeled

Lot Details

  • 0.27 Acre Lot
  • Level Lot
  • Property is zoned S15

Parking

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

Home Design

  • Ranch Style House
  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation
  • Stone

Interior Spaces

  • 1,774 Sq Ft Home
  • Open Floorplan
  • Wainscoting
  • Recessed Lighting
  • Picture Window
  • Living Room with Fireplace
  • 2 Fireplaces
  • Sun or Florida Room
  • Gas Dryer Hookup

Kitchen

  • Stove
  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Separate Shower

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Garage Access
  • Block Basement Construction
  • Laundry in Basement

Outdoor Features

  • Bulkhead
  • Deck
  • Patio
  • Rain Gutters

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Joshua Eaton Elementary School
  • Parker Middle School
  • Reading High School

Utilities

  • Central Air
  • 1 Cooling Zone
  • 1 Heating Zone
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • 220 Volts
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number M:011.000000049.0,731519

Community Details

Overview

  • No Home Owners Association

Amenities

  • Shops
  • Coin Laundry

Recreation

  • Tennis Courts
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,722

Year Built

Built in 1957 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Condition: Updated/Remodeled
  • Year Built: 1957
  • Buyer Agency: 2%
  • Buyer Agency Type: %
  • Transaction Broker: 0
  • Transaction Broker Type: %
  • Year Built Details: Actual,Renovated Since
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Flooring: Tile, Hardwood, Flooring - Hardwood
  • Interior Amenities: Sun Room
  • Fireplace Features: Living Room
  • Fireplace YN: Yes
  • Fireplaces: 2
  • Appliances: Range,Dishwasher,Disposal,Microwave,Refrigerator,Freezer, Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Dryer
  • Total Bedrooms: 3
  • Room Bedroom2 Level: First
  • Room Bedroom2 Features: Flooring - Hardwood, Remodeled
  • Room Bedroom2 Area: 165
  • Room Bedroom3 Features: Flooring - Hardwood, Remodeled
  • Room Bedroom3 Area: 110
  • Room Bedroom3 Level: First
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Room Master Bedroom Features: Flooring - Hardwood, Remodeled
  • Room Master Bedroom Level: First
  • Room Master Bedroom Area: 195
  • Master Bathroom Features: Yes
  • Bathroom 1 Area: 63
  • Bathroom 1 Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Remodeled
  • Bathroom 1 Level: First
  • Bathroom 2 Level: First
  • Bathroom 2 Area: 35
  • Bathroom 2 Features: Bathroom - Full, Bathroom - Tiled With Shower Stall, Remodeled
  • Room Dining Room Features: Flooring - Hardwood, Remodeled
  • Room Dining Room Level: First
  • Room Dining Room Area: 255
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Hardwood, Countertops - Stone/Granite/Solid, Kitchen Island, Cabinets - Upgraded, Recessed Lighting, Remodeled, Stainless Steel Appliances, Gas Stove
  • Room Kitchen Area: 195
  • Laundry Features: Gas Dryer Hookup, In Basement
  • Room Living Room Level: First
  • Room Living Room Area: 285
  • Room Living Room Features: Flooring - Hardwood, Window(s) - Picture, Open Floorplan, Recessed Lighting, Remodeled, Wainscoting
  • Basement: Full, Interior Entry, Garage Access, Bulkhead, Concrete, Unfinished
  • Accessibility Features: No
  • Living Area: 1774
  • MAIN LO: AN2670
  • LIST PRICE PER Sq Ft: 354.57
  • PRICE PER Sq Ft: 366.4
  • MAIN SO: AN2670

Exterior Features

  • Exterior Features: Rain Gutters
  • Construction Materials: Frame, Stone
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck - Wood, Patio
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: 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, Paved
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Dryer
  • Cooling: Central Air
  • Heating: Baseboard, Natural Gas
  • Cooling Y N: Yes
  • Electric: 220 Volts
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Laundromat, Highway Access, House of Worship, Public School, T-Station
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:011.000000049.0,731519
  • Zoning: S15
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.27
  • Lot Size Area: 0.27
  • Lot Size Sq Ft: 11761.2
  • Lot Size Units: Acres
  • Property Attached YN: No
  • LOT SIZE: 11840
  • PAGE: 597

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 6722
  • Tax Book Number: 67151

MLS Schools

  • High School: Reading High
  • Elementary School: Joshua Eaton
  • Middle Or Junior School: Parker

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2016
Closed on
Oct 20, 2016
Sold by
Robten Realty Llc
Bought by
Tai Peter J and Tai Debora J
Seller's Agent
John Coyne
True North Realty
Buyer's Agent
John Coyne
True North Realty
List Price
$629,000
Sold Price
$650,000
Premium/Discount to List
$21,000
3.34%
Total Days on Market
5
Current Estimated Value
$987,521

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$337,521
Avg. Annual Appreciation
4.71%
Original Mortgage
$375,000
Outstanding Balance
$305,254
Interest Rate
3.44%
Mortgage Type
New Conventional
Estimated Equity
$658,473

Purchase Details

Listed on
Feb 19, 2016
Closed on
Apr 27, 2016
Sold by
Andreone Rt
Bought by
Robten Realty Llc
Seller's Agent
Joyce Kiley
Boardwalk Real Estate
Buyer's Agent
Joyce Kiley
Boardwalk Real Estate
List Price
$549,000
Sold Price
$475,000
Premium/Discount to List
-$74,000
-13.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
92.22%
Original Mortgage
$416,250
Interest Rate
3.73%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 1, 2011
Sold by
Andreone Carl F and Andreone Ida M
Bought by
2011 Andreone Rt

Purchase Details

Closed on
May 18, 1967
Bought by
2011 Andreone Rt

Range of Values:

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Average Value
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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
Tai Peter J $650,000 --
Robten Realty Llc $475,000 --
2011 Andreone Rt -- --
2011 Andreone Rt $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tai Peter J $375,000
Previous Owner Robten Realty Llc $416,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2016 10/20/16 Sold $650,000 +3.3% $366 / Sq Ft
08/30/2016 08/30/16 Pending -- -- --
08/25/2016 08/25/16 For Sale $629,000 +32.4% $355 / Sq Ft
04/27/2016 04/27/16 Sold $475,000 -4.9% $268 / Sq Ft
03/22/2016 03/22/16 Pending -- -- --
03/19/2016 03/19/16 Price Changed $499,500 -5.6% $282 / Sq Ft
03/03/2016 03/03/16 Price Changed $529,000 -3.6% $298 / Sq Ft
02/19/2016 02/19/16 For Sale $549,000 -- $309 / 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 $10,027 $880,300 $488,900 $391,400
2024 $9,910 $845,600 $469,600 $376,000
2023 $9,599 $762,400 $423,400 $339,000
2022 $9,240 $693,200 $385,000 $308,200
2021 $5,072 $673,400 $368,900 $304,500
2020 $8,938 $640,700 $351,000 $289,700
2019 $8,685 $610,300 $334,300 $276,000
2018 $4,830 $575,600 $315,300 $260,300
2017 $6,702 $477,700 $297,500 $180,200
2016 $6,722 $463,600 $297,900 $165,700
2015 $6,297 $428,400 $275,300 $153,100
2014 $6,101 $413,900 $266,000 $147,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72058064

MLS Property Information Network (MLS PIN)

APN: READ-000011-000000-000049