NOT LISTED FOR SALE

86 Red Gate Ln Reading, MA 01867

Estimated Value: $1,291,000 - $1,396,000

5 Beds
4 Baths
2,929 Sq Ft
$456/Sq Ft Est. Value

Last Sold October 29, 2020

Last sale price $930,000 $318 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $8,463/month

38 Days on Market

Highlights

  • Sauna
  • Landscaped Professionally
  • Attic
  • Joshua Eaton Elementary School Rated A-
  • Plywood Flooring
  • Fenced Yard

About This Home

As of October 2020

LOCATION, LOCATION, LOCATION!!! One of Readings finest neighborhoods, 86 RED GATE LANE is a 10 ROOM, 5 BR , 3.5 BATH COLONIAL on a large private lot. This home has been meticulously maintained & loved by one family for over 30 years. Step inside to find an UPDATED OPEN KITCHEN, GRANITE countertops, newer appliances w/ a large eating area & a brick hearth fireplace. Sunlight streams into the 4-SEASON SOLARIUM, w/ energy saving shades, overlooking a brick patio & large private yard complete with a basketball court. Upstairs to the sleeping quarters that includes a LARGE MASTER BEDROOM w/ great closet space, dressing area & of course, a MASTER BATH en suite. WORK FROM HOME in a perfect 23x12 executive OFFICE. Need more Room??? You will love the large finished basement, with bonus room, full bath w/steamer & workshop. First floor laundry. Oversized 2 car garage. Numerous upgrades: roof, heat, water, electric, Anderson Renewal windows, bathrooms, the perfect home for you!

Last Listed By

Francis Keane

Frank Keane Real Estate Listed on: 08/19/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,748

Year Built

  • Built in 1972

Lot Details

  • Year Round Access
  • Fenced Yard
  • Stone Wall
  • Landscaped Professionally
  • Sprinkler System
  • Garden
  • Property is zoned S15

Parking

  • 2 Car Garage

Interior Spaces

  • Sheet Rock Walls or Ceilings
  • Decorative Lighting
  • Window Screens
  • French Doors
  • Sauna
  • Intercom
  • Attic
  • Basement

Kitchen

  • Range
  • Microwave
  • ENERGY STAR Qualified Refrigerator
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Plywood
  • Wall to Wall Carpet
  • Tile
  • Vinyl

Laundry

  • ENERGY STAR Qualified Dryer
  • Laundry Chute

Outdoor Features

  • Patio
  • Storage Shed
  • Rain Gutters

Schools

  • RMHS High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Baseboard Heater
  • Heating System Uses Gas
  • Water Holding Tank
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number M:007.0-0000-0277.0

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,748

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Colonial
  • Other Agent: 2.00
  • Year Built Description: Actual
  • List Price Per Sq Ft: 330.83
  • Comp Based On: Net Sale Price
  • Year Built: 1972
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1972

Interior Features

  • Fireplaces: 2
  • Flooring: Plywood, Tile, Vinyl, Wall to Wall Carpet, Hardwood
  • Interior Amenities: Cable Available, Sauna/Steam/Hot Tub, Intercom, Walk-up Attic, Finish - Sheetrock, French Doors, Laundry Chute, Internet Available - Broadband
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Refrigerator - ENERGY STAR, Dryer - ENERGY STAR
  • No Bedrooms: 5
  • Master Bedroom: On Level: Second Floor, Dimension: 18.5X11.9, Bathroom - 3/4, Ceiling Fan(s), Closet - Linen, Closet, Flooring - Wall to Wall Carpet, Laundry Chute
  • Bedroom 2: On Level: Second Floor, Dimension: 11.5X8, Ceiling Fan(s), Flooring - Hardwood, Flooring - Wall to Wall Carpet
  • Bedroom 3: On Level: Second Floor, Dimension: 14.9X10, Ceiling Fan(s), Flooring - Hardwood, Flooring - Wall to Wall Carpet
  • Bedroom 4: On Level: Second Floor, Dimension: 13.5X9, Ceiling Fan(s), Flooring - Hardwood, Flooring - Wall to Wall Carpet
  • Bedroom 5: On Level: Basement, Bathroom - 3/4, Fireplace, Closet, Steam / Sauna
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Primary Bathroom: Yes
  • Bathroom 1: On Level: Second Floor, Dimension: 10X5
  • Bathroom 2: On Level: Second Floor, Dimension: 9X6.5, Bathroom - Half, Flooring - Stone/Ceramic Tile
  • Bathroom 3: On Level: Basement, Dimension: 8.1X8, Bathroom - Half, Bathroom - 3/4
  • No Rooms: 10
  • Dining Room: On Level: First Floor, Dimension: 10.8X13.8, Flooring - Wall to Wall Carpet, Window(s) - Picture, Chair Rail, Crown Molding
  • Family Room: On Level: First Floor, Dimension: 16.8X13, Flooring - Stone/Ceramic Tile, Window(s) - Picture, French Doors, Main Level, Cable Hookup, Exterior Access, Open Floor Plan, Wainscoting, Lighting - Overhead
  • Kitchen: On Level: First Floor, Dimension: 22X17, Fireplace, Closet/Cabinets - Custom Built, Flooring - Stone/Ceramic Tile, Dining Area, French Doors, Main Level, Cabinets - Upgraded, Cable Hookup, Exterior Access, High Speed Internet Hookup, Open Floor Plan, Recessed Lighting, Remodeled, Peninsula
  • Laundry: On Level: First Floor, Dimension: 10.9X7.5, Closet - Linen, Flooring - Wall to Wall Carpet, Dryer Hookup - Electric, Dryer Hookup - Gas, Exterior Access, Laundry Chute, Recessed Lighting, Washer Hookup, Lighting - Overhead, Laundry Sink
  • Living Room: On Level: First Floor, Dimension: 13.9X16.9, Flooring - Wall to Wall Carpet, Lighting - Overhead, Decorative Molding
  • Basement: Y
  • Basement Features: Full, Partial, Finished, Partially Finished, Interior Access, Bulkhead, Sump Pump, Concrete Floor, Slab
  • Other Room 1: Name: Office, On Level: Third Floor, Dimension: 23X12, Skylight, Ceiling - Cathedral, Closet - Cedar, Closet, Flooring - Wall to Wall Carpet, Attic Access, Walk-in Storage, Beadboard
  • Other Room 2: Name: Bathroom, On Level: First Floor, Dimension: 4X6, Bathroom - Half, Flooring - Stone/Ceramic Tile
  • Other Room 3: Name: Bonus Room, Dimension: 9X11, Fireplace, Flooring - Wall to Wall Carpet
  • Main Lo: B95198
  • Main So: AN2314
  • Estimated Sq Ft: 2929.00
  • Basement Included Sq Ft: Yes

Exterior Features

  • Beachfront Flag: Yes
  • Beach Miles To: 1 to 2 Mile
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Wood
  • Exterior Features: Patio, Gutters, Storage Shed, Professional Landscaping, Sprinkler System, Decorative Lighting, Screens, Fenced Yard, Garden Area, Stone Wall
  • Foundation: Poured Concrete
  • Insulation Feature: Partial

Garage/Parking

  • Parking Feature: Off-Street, Improved Driveway
  • Parking Spaces: 4
  • Garage Parking: Attached
  • Garage Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 220 Volts
  • Cooling: Wall AC
  • Heating: Hot Water Baseboard, Gas
  • Heat Zones: 5
  • Hot Water: Natural Gas, Tank
  • Utility Connections: for Electric Range, for Gas Dryer, for Electric Dryer, Washer Hookup, Icemaker Connection

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station

Schools

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

Lot Info

  • Assessments: 784100.00
  • Acre: 0.47
  • Lot Size: 20507.00
  • Page: 7
  • Parcel Number: M:007.0-0000-0277.0
  • Zoning: S15
  • Lot Description: Paved Drive, Cleared, Fenced/Enclosed, Level

Green Features

  • Energy Features: Insulated Windows, Storm Windows, Insulated Doors, Storm Doors, Backup Generator

Tax Info

  • Taxes: 10938.00
  • Assessor Parcel Number: 731446
  • Tax Year: 2020

MLS Schools

  • Grade School: Call Supt
  • High School: RMHS
  • Middle School: Call Supt

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 17, 2019
Sold by
Wright Mary A
Bought by
Mary Ann Wright Ret and Wright
Total Days on Market
38
Current Estimated Value
$1,334,946

Range of Values:

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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
Mary Ann Wright Ret -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smallwood Patrick $675,000
Closed Mary Ann Wright Ret $656,250
Previous Owner Wright Peter C $65,000
Previous Owner Wright Peter C $100,000
Previous Owner Wright Peter C $191,800
Previous Owner Wright Peter C $202,300
Previous Owner Wright Peter C $49,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2020 10/29/20 Sold $930,000 -4.0% $318 / Sq Ft
09/26/2020 09/26/20 Pending -- -- --
09/26/2020 09/26/20 For Sale $969,000 0.0% $331 / Sq Ft
09/07/2020 09/07/20 Pending -- -- --
08/19/2020 08/19/20 For Sale $969,000 -- $331 / 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 $12,748 $1,119,200 $597,000 $522,200
2024 $12,904 $1,101,000 $587,300 $513,700
2023 $12,146 $964,700 $514,500 $450,200
2022 $12,133 $910,200 $485,400 $424,800
2021 $11,386 $824,500 $444,100 $380,400
2020 $10,938 $784,100 $422,300 $361,800
2019 $5,991 $736,800 $396,800 $340,000
2018 $9,565 $689,600 $371,300 $318,300
2017 $9,486 $676,100 $364,000 $312,100
2016 $10,202 $703,600 $359,400 $344,200
2015 $9,404 $639,700 $326,700 $313,000
2014 $9,694 $657,700 $326,700 $331,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72712694

MLS Property Information Network (MLS PIN)

APN: READ-000007-000000-000277