$666,000 - $738,000
RENTED JAN 2, 2025

8 Ridge Rd Reading, MA 01867

3 Beds
1 Bath
1,545 Sq Ft
$464 Price per Sq Ft

Last Sold December 28, 2018

Last sale price $455,000 $294 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $4,564/month

Highlights

  • Medical Services
  • Property is near public transit
  • Fenced Yard
  • Birch Meadow Elementary School Rated A-
  • No HOA
  • Patio

About This Home

As of January 2025

Outstanding rental opportunity in the heart of Reading! Every inch of this completely move-in ready ranch has been thoughtfully renovated with gleaming hardwood floors and a neutral palette throughout. The stylish kitchen features modern cabinetry, granite countertops, S/S appliances, and a handy moveable island. All 3 bedrooms well-sized with good closet space and ceiling fans. Bonus space in the basement makes a great family room / 2nd living area. Modern bathroom is fully tiled with newer fixtures. Tons of storage in the basement + a large exterior shed. Fantastic level yard is fully fenced. Efficient gas heat and mini splits for AC. Single-level living at its finest, a rare opportunity in town!

Last Agent to Rent the Property

Chantal Hart

LAER Realty Partners Listed on: 12/24/2024

LAER Realty Partners

Last Renter's Agent

Chantal Hart

LAER Realty Partners Listed on: 12/24/2024

LAER Realty Partners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,206

Year Built

  • Built in 1973

Lot Details

  • 5,680 Sq Ft Lot
  • Fenced Yard
  • Fenced
  • Garden

Parking

  • 2 Car Parking Spaces

Interior Spaces

  • 1,545 Sq Ft Home
  • 1-Story Property

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Outdoor Storage

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • High Speed Internet

Listing and Financial Details

  • Security Deposit $3,500
  • Rent includes occupancy only
  • Assessor Parcel Number M:033.000000016.0,735885

Community Details

Overview

  • No Home Owners Association

Amenities

  • Medical Services
  • Shops

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,206

Year Built

Built in 1973

Lot Details

0

Rental Info

  • Pets Allowed: Yes w/ Restrictions
  • Lease Term: Term of Rental(6+)
  • Available Now: Yes
  • Deposit Required: Yes
  • FIRST MON REQD: Yes
  • INSURANCE REQD: Yes
  • LAST MON REQD: No
  • REFERENCES REQD: Yes
  • SEC DEPOSIT: 3500

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Year Built: 1973
  • Entry Level: 1
  • ResoPropertyType: ResidentialLease
  • ResoBuildingAreaSource: Other
  • Special Features: None

Interior Features

  • Interior Amenities: Single Living Level, High Speed Internet
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Disposal, Microwave, Washer, Dryer
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Laundry Features: In Unit
  • Living Area: 1545
  • Spa YN: No
  • MAIN LO: AN1199
  • LIST PRICE PER Sq Ft: 2.27
  • PRICE PER Sq Ft: 2.3
  • MAIN SO: AN1199

Exterior Features

  • Exterior Features: Patio, Storage, Fenced Yard, Garden
  • Fencing: Fenced
  • Home Warranty YN: No
  • Patio And Porch Features: Patio
  • Waterfront YN: No

Garage/Parking

  • Total Parking Spaces: 2

Utilities

  • Heating: Natural Gas
  • Cooling Y N: No
  • Heating YN: Yes

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Highway Access, Public School
  • Rent Includes: Occupancy Only
  • Senior Community YN: No
  • UNIT BUILDING: NA

Lot Info

  • Parcel Number: M:033.000000016.0,735885
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 5680
  • Lot Size Units: Acres
  • OUTDOOR SPACE AVAILABLE: Yes - Private
  • ResoLotSizeUnits: Acres

Multi Family

  • Basement Included Sq Ft: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2018
Closed on
Dec 26, 2018
Sold by
Patriot Realty Partners
Bought by
Yao Ryan S
Seller's Agent
Sabbor Sheikh
Coldwell Banker Realty - Boston
Buyer's Agent
Matt Wong
Red Door Real Estate
List Price
$499,900
Sold Price
$455,000
Premium/Discount to List
-$44,900
-8.98%
Current Estimated Value
$717,587

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$262,587
Avg. Annual Appreciation
6.95%
Original Mortgage
$335,000
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 30, 2018
Closed on
Jun 29, 2018
Sold by
Jewell Glen R and Jewell Katherine M
Bought by
Patriot Realty Partner
Seller's Agent
Gabriel Tavarez
Tavarez Realty Group, Inc.
Buyer's Agent
Gabriel Tavarez
Tavarez Realty Group, Inc.
List Price
$315,000
Sold Price
$315,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
108.64%
Original Mortgage
$292,500
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 21, 1988
Sold by
Dulong Harold P
Bought by
Jewell Glenn R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,200
Interest Rate
10.51%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Yao Ryan S $455,000 --
Patriot Realty Partner $315,000 --
Jewell Glenn R $171,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yao Ryan S $333,500
Closed Yao Ryan S $335,000
Previous Owner Patriot Realty Partner $292,500
Previous Owner Jewell Glenn R $225,000
Previous Owner Jewell Glenn R $208,000
Previous Owner Jewell Glenn R $11,000
Previous Owner Jewell Glenn R $128,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/02/2025 01/02/25 Rented $3,550 +1.4% --
12/24/2024 12/24/24 For Rent $3,500 0.0% --
12/28/2018 12/28/18 Sold $455,000 -1.1% $294 / Sq Ft
11/12/2018 11/12/18 Pending -- -- --
10/30/2018 10/30/18 Price Changed $459,900 -2.1% $298 / Sq Ft
10/15/2018 10/15/18 Price Changed $469,900 -2.1% $304 / Sq Ft
10/03/2018 10/03/18 Price Changed $479,900 -4.0% $311 / Sq Ft
09/20/2018 09/20/18 For Sale $499,900 +58.7% $324 / Sq Ft
06/29/2018 06/29/18 Sold $315,000 0.0% $250 / Sq Ft
05/03/2018 05/03/18 Pending -- -- --
04/30/2018 04/30/18 For Sale $315,000 -- $250 / 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 $7,206 $632,700 $408,300 $224,400
2024 $6,992 $596,600 $385,000 $211,600
2023 $7,154 $568,200 $366,700 $201,500
2022 $6,885 $516,500 $333,300 $183,200
2021 $6,652 $481,700 $311,100 $170,600
2020 $6,361 $456,000 $294,500 $161,500
2019 $5,628 $395,500 $280,500 $115,000
2018 $5,212 $375,800 $266,500 $109,300
2017 $5,045 $359,600 $255,000 $104,600
2016 $5,216 $359,700 $253,900 $105,800
2015 $4,885 $332,300 $234,600 $97,700
2014 $4,733 $321,100 $226,700 $94,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73321281

MLS Property Information Network (MLS PIN)

APN: READ-000033-000000-000016