NOT LISTED FOR SALE

89 Red Gate Ln Reading, MA 01867

Estimated Value: $1,883,747 - $2,176,000

7 Beds
5 Baths
6,238 Sq Ft
$320/Sq Ft Est. Value

Last Sold June 22, 2017

Last sale price $1,295,000 $208 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $12,627/month

8 Days on Market

About This Home

As of June 2017

This classic New England home loaded with charm enjoys more than 1.3 acres of land in one of Reading's favorite neighborhoods.You will find numerous custom features and improvements as you enter the open spaces and inviting rooms throughout the main floor, encouraging casual and formal gatherings.The breath taking grounds create a unique serene setting with its exquisite gardens and blue stone patio. 89 Red Gate is a glorious 7 bedroom home awaiting a new owner to discover its many more treasures.

Last Listed By

Anthony Sabatino

eXp Realty Listed on: 04/13/2017

eXp Realty

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,737

Year Built

1974

Lot Details

0

Listing Details

  • Lot Description: Wooded, Paved Drive, Easements
  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Colonial
  • Other Agent: 1.00
  • Lead Paint: Unknown
  • Year Round: Yes
  • Year Built Description: Renovated Since
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1974

Interior Features

  • Has Basement: Yes
  • Fireplaces: 3
  • Primary Bathroom: Yes
  • Number of Rooms: 13
  • Amenities: Public Transportation, Shopping, Highway Access
  • Electric: 200 Amps
  • Energy: Insulated Windows
  • Flooring: Wall to Wall Carpet, Hardwood, Stone / Slate
  • Insulation: Full
  • Interior Amenities: Central Vacuum, Security System, Cable Available, Walk-up Attic, Wired for Surround Sound
  • Basement: Full
  • Bedroom 2: Second Floor, 13X9
  • Bedroom 3: Second Floor, 15X10
  • Bedroom 4: Second Floor, 12X11
  • Bedroom 5: Second Floor, 13X12
  • Bathroom #1: First Floor, 8X13
  • Bathroom #2: Second Floor, 8X10
  • Bathroom #3: Second Floor, 8X10
  • Kitchen: First Floor, 20X13
  • Laundry Room: First Floor, 9X7
  • Living Room: First Floor, 24X14
  • Master Bedroom: Second Floor, 17X13
  • Master Bedroom Description: Bathroom - 3/4, Closet - Walk-in, Closet/Cabinets - Custom Built, Flooring - Hardwood
  • Dining Room: First Floor, 13X13
  • Family Room: First Floor, 31X22
  • No Bedrooms: 7
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Oth1 Room Name: Study
  • Oth1 Dimen: 11X13
  • Oth1 Dscrp: Closet/Cabinets - Custom Built, Flooring - Hardwood
  • Oth2 Room Name: Bedroom
  • Oth2 Dimen: 20X14
  • Oth2 Dscrp: Flooring - Wall to Wall Carpet
  • Oth3 Room Name: Bedroom
  • Oth3 Dimen: 20X14
  • Oth3 Dscrp: Flooring - Wall to Wall Carpet
  • Oth4 Room Name: Media Room
  • Oth4 Dimen: 24X14
  • Oth4 Dscrp: Fireplace, Flooring - Wall to Wall Carpet, Recessed Lighting
  • Oth5 Room Name: Exercise Room
  • Oth5 Dimen: 22X18
  • Oth5 Dscrp: Flooring - Wall to Wall Carpet, French Doors, Sunken, Wainscoting
  • Main Lo: B30601
  • Main So: B95141
  • Estimated Sq Ft: 6238.00

Exterior Features

  • Frontage: 204.00
  • Construction: Frame, Brick
  • Exterior: Clapboard, Shingles, Brick
  • Exterior Features: Patio, Professional Landscaping, Sprinkler System, Decorative Lighting, Stone Wall
  • Foundation: Poured Concrete

Garage/Parking

  • Garage Parking: Attached, Garage Door Opener, Storage, Side Entry, Insulated, Oversized Parking
  • Garage Spaces: 3
  • Parking: Off-Street, Paved Driveway
  • Parking Spaces: 6

Utilities

  • Cooling Zones: 2
  • Heat Zones: 5
  • Hot Water: Oil
  • Utility Connections: for Gas Range
  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Sewage District: Readi

Lot Info

  • Zoning: S15
  • Acre: 1.35
  • Lot Size: 58806.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2017
Closed on
Jun 22, 2017
Sold by
Roche 3Rd Thomas F and Roche Marybeth
Bought by
Frank Anthony J and Frank Lesley A
Seller's Agent
Anthony Sabatino
eXp Realty
Buyer's Agent
Katie Varney
Classified Realty Group
List Price
$1,295,000
Sold Price
$1,295,000
Total Days on Market
8
Current Estimated Value
$1,995,937

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$700,937
Avg. Annual Appreciation
5.54%
Original Mortgage
$936,000
Outstanding Balance
$790,260
Interest Rate
4.05%
Mortgage Type
Unknown
Estimated Equity
$1,191,951

Purchase Details

Closed on
Dec 20, 2004
Sold by
Moynihan James E
Bought by
Roche Marybeth and Roche Thomas F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,700
Interest Rate
5.68%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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Average Value
Not Available
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
Frank Anthony J $1,295,000 --
Roche Marybeth $950,000 --
Moynihan James E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frank Anthony J $936,000
Previous Owner Roche 3Rd Thomas F $411,400
Previous Owner Roche 3Rd Thomas F $369,500
Previous Owner Roche Thomas F $380,000
Previous Owner Roche Thomas F $400,000
Previous Owner Roche Thomas F $313,000
Previous Owner Moynihan James E $333,700
Previous Owner Roche Marybeth $500,000
Previous Owner Moynihan James E $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2017 06/22/17 Sold $1,295,000 0.0% $208 / Sq Ft
04/21/2017 04/21/17 Pending -- -- --
04/13/2017 04/13/17 For Sale $1,295,000 -- $208 / 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 $18,737 $1,645,000 $631,200 $1,013,800
2024 $18,965 $1,618,200 $620,900 $997,300
2023 $17,846 $1,417,500 $543,900 $873,600
2022 $17,828 $1,337,400 $513,200 $824,200
2021 $17,276 $1,251,000 $470,600 $780,400
2020 $16,594 $1,189,500 $447,500 $742,000
2019 $15,903 $1,117,600 $420,400 $697,200
2018 $12,342 $889,800 $393,500 $496,300
2017 $12,237 $872,200 $385,700 $486,500
2016 $13,212 $911,200 $381,200 $530,000
2015 $12,176 $828,300 $346,500 $481,800
2014 $12,209 $828,300 $346,500 $481,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72145329

MLS Property Information Network (MLS PIN)

APN: READ-000007-000000-000286