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564 Summer Avenue, Reading MA 01867

Reading, MA 01867
$382,000
Est. $2,640/month
3
Beds
2
Baths
1,610
Sq Ft
$237
Price/Sq Ft
1.55
Acres
1940
Year Built
13
Days on Market
Closed Listed Sep 19, 2016 • MLS# 72069688 Copied!

About this home

So many possibilities for this 3 bedroom, 2 full bathroom colonial which features a sun filled living room, kitchen/dining room combination and office on the first floor. The second floor has 3 nicely sized bedrooms and large foyer area. Situated on an acre and a half, this home could easily be brought back to life with some cosmetic work. The yard has many flowers, perennials and plantings and an abundance of privacy.

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Property Overview

Property Type
Single Family Residence
Listing Type
For Sale
Year Built
1940
Bedrooms
3
Full Bathrooms
2
Living Area
1,610 sq ft
Total Rooms
6

Sale Statistics

Sale Overview
Original List Price: $389,900
Final Sale Price: $382,000
Difference: $7,900 (-2.0%)
Performance Metrics
98.0%
List to Sale Ratio
Sold below asking price
13
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $242
Sale $/sq ft: $237
This property sold for $237 per square foot
Sale Summary

This property sold for 2.0% below the original asking price.

With only 13 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 2 similar properties sold within 0.5 miles in the last 90 days

This Property
$237/sq ft
Area Average
$445/sq ft
Difference
46.8%

This property sold below the area average, potentially representing good value for the buyer.

Facts & Features

Home Facts

Type Residential
Style Single Family Residence
Year Built 1940
Living Area 1,610 sq ft
Lot Size 1.55 acres
Bedrooms 3
Full Baths 2
Total Rooms 6

Interior

Heating Steam, Oil
Cooling None
Flooring Wood, Vinyl
Appliances Water Heater, Range, Refrigerator
Fireplace None
Basement None
Laundry Electric Dryer Hookup
Features None

Exterior

Construction Frame
Architecture Colonial
Roof Shingle
Features Screens
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features Paved Drive, Off Street
Total Spaces 4

Utilities

Electric Fuses
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Dryer

Financial

Annual Tax $6,102
Assessed Value $420,800

Interior Features

Flooring: Wood, Vinyl
Appliances: Water Heater, Range, Refrigerator
Interior Features:
Windows: Screens
Basement:
Laundry: Electric Dryer Hookup
Security:

Construction & Materials

Style: Colonial
Year Built: 1940
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Block

Heating, Cooling & Utilities

Heating: Steam, Oil
Heating Zones: 1
Cooling: None
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Screens
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Wooded, Gentle Sloping
Road Frontage: 120.00 ft
Road Surface:

Parking & Garage

Total Parking Spaces: 4
Parking Features: Paved Drive, Off Street

Location

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Neighborhood

564 Summer Avenue, Reading MA 01867

Reading, MA 01867

Walkability

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Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $508
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

40.3%
Price Range
15
Total Days on Market
1
Previous Sales

Property Timeline

Previous Transaction - MLS #72141518
Full transaction history available when tracking began
🏷️
Previously Sold
May 9, 2017
$640,000
MLS #72141518
Sold
Nov 9, 2016
$382,000
Property sold
Days on Market: 15
🏠
Listed for Sale
Sep 19, 2016
$389,900
Original listing
Agent: Kevin Coughlin Office: Boardwalk Real Estate

Price & Status History

Date Event Price Change
May 9, 2017 Sold $640,000
Sep 19, 2016 New Listing Added $389,900

Market Statistics

Days on Market
13 days
Price per Sq Ft
$237

Tax History

Year Taxes Assessment
2016 $6,102 $420,800

Financial Details

Annual Property Tax
$6,102
Tax Year 2016
Assessed Value
$420,800

Listing Information

Listing Agent Kevin Coughlin
Listing Office Boardwalk Real Estate
Agent MLS ID B0525137
Office MLS ID B30601
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Market Analytics for Reading, MA

Real-time market trends and pricing data for this area

564 Summer Avenue, Reading MA 01867 - Photo 1 564 Summer Avenue, Reading MA 01867 - Photo 2
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