$475,000
SOLD APR 27, 2016

8 Rachel Rd Reading, MA 01867

3 Beds
2 Baths
1,774 Sq Ft
0.27 Acres

Recently Sold

$268 Per Sq Ft

13% Below List Price

32 Days on Market

About This Home

As of October 2016

Everyone loves this West Side location! A cul de sac off Summer Ave with just a short walk to Joshua Eaton Elementary School and walking distance to town and transportation ,this over sized ranch (50x31) has fabulous potential. Enjoy the entertainment size large living room and dining room. Off the family size kitchen, relax in the heated sunroom with access to a deck and a private backyard. There are three spacious bedrooms; the master bedroom has an adjoining half bath. A full basement has great potential with a fireplace, high ceilings and it is plumbed for another bath, There is direct access to the garage from the basement. Special features include; hardwood floors, central a/c, updated windows, heat and hot water, low maintenance exterior. Expose the hardwood floors and remove the wall paper and immediately get rewarded A commuter's dream with access to both Rte 128 and 93 nearby. Call today for a private showing

Last Agent to Sell the Property

Joyce Kiley

Boardwalk Real Estate Listed on: 02/19/2016

Last Buyer's Agent

Joyce Kiley

Boardwalk Real Estate Listed on: 02/19/2016

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,027

Year Built

1957

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Property Type: Single Family
  • Other Agent: 2.00
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1957

Interior Features

  • Appliances: Range, Dishwasher, Disposal, Washer, Dryer
  • Fireplaces: 2
  • Has Basement: Yes
  • Fireplaces: 2
  • Primary Bathroom: Yes
  • Number of Rooms: 7
  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Medical Facility, Laundromat, Highway Access, Private School, Public School, T-Station
  • Electric: Circuit Breakers
  • Energy: Insulated Windows
  • Flooring: Tile, Wall to Wall Carpet, Hardwood
  • Basement: Full, Garage Access, Bulkhead
  • Bedroom 2: First Floor, 11X10
  • Bedroom 3: First Floor, 15X15
  • Bathroom #1: First Floor
  • Bathroom #2: First Floor
  • Kitchen: First Floor, 13X13
  • Laundry Room: Basement
  • Living Room: First Floor, 15X19
  • Master Bedroom: First Floor, 14X13
  • Master Bedroom Description: Bathroom - Half, Flooring - Hardwood, Flooring - Wall to Wall Carpet
  • Dining Room: First Floor, 15X13
  • Family Room: First Floor, 12X11

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Vinyl, Brick
  • Exterior Features: Deck, Patio, Gutters
  • Foundation: Poured Concrete

Garage/Parking

  • Garage Parking: Attached
  • Garage Spaces: 1
  • Parking: Off-Street
  • Parking Spaces: 4

Utilities

  • Cooling: Central Air
  • Heating: Hot Water Baseboard, Gas
  • Hot Water: Natural Gas
  • Utility Connections: for Electric Oven, for Gas Dryer, Washer Hookup
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Schools

  • Elementary School: Call Supt
  • Middle School: Call Supt
  • High School: Rmhs

Lot Info

  • Assessor Parcel Number: M:011.0-0000-0049.0
  • Zoning: S15

Multi Family

  • Foundation: 50x30

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%
Current Estimated Value
$976,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$326,480
Avg. Annual Appreciation
4.88%
Original Mortgage
$375,000
Outstanding Balance
$305,254
Interest Rate
3.44%
Mortgage Type
New Conventional
Estimated Equity
$682,267

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
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Not Resolvable $650,000 --
Not Resolvable $475,000 --
Deed -- --
Deed $25,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $375,000 New Conventional
Previous Owner $416,250 Commercial
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

  • J

    Seller's Agent in 2016

    John Coyne

    True North Realty

    Section Image
  • Joyce Kiley

    Seller's Agent in 2016

    Joyce Kiley

    Boardwalk Real Estate

    (781) 439-4537

    8 in this area

    11 Total Sales

    Joyce Kiley
    Section Image

  • P

    Seller Co-Listing Agent in 2016

    Paul Santucci

    True North Realty

    (617) 694-0004

    15 in this area

    42 Total Sales

    Paul Santucci
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71960827

MLS Property Information Network (MLS PIN)

APN: READ-000011-000000-000049

Massachusetts Middlesex County Reading 01867

8 Rachel Rd, Reading, MA

This home is located at 8 Rachel Rd, Reading, MA 01867 and is currently priced at $475,000, approximately $267 per square foot. This property was built in 1957. 8 Rachel Rd is a home located in Middlesex County with nearby schools including Joshua Eaton Elementary School, Walter S. Parker Middle School, and Reading Memorial High School.

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.

MLS Property Information Network (MLS PIN) 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.

Nearby Homes