24 Cherry Lane Drive, Reading MA 01867

Reading, MA 01867

$425,000

3

Beds

1

Baths

1,374

Sq Ft

$309

Price/Sq Ft

0.26

Acres

1958

Year Built

1

Garage Space

Single Family Residence

Type

8

Days on Market

Sold Listed Mar 30, 2016 • MLS# 71979552 Copied! • Updated May 19, 2016

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Sale Statistics

Sale Overview

Original List Price: $449,900

                            Final Sale Price:
                            $425,000
                        

Difference: $24,900 (-5.5%)

Performance Metrics

94.5%

List to Sale Ratio

Sold below asking price

8

Days on Market

Quick sale

Price per Square Foot Analysis

Original $/sq ft: $327

                            Sale $/sq ft:
                            $309
                        

This property sold for $309 per square foot

Sale Summary

This property sold for 5.5% below the original asking price.

With only 8 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 10 similar properties sold within 0.5 miles in the last 90 days

This Property

$309/sq ft

Area Median

$549/sq ft

Difference

43.7%

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

About this home

SOMETIMES OPPORTUNITY ONLY KNOCKS ONCE - If your focus is on location, then you can't beat this area! Only a stone's throw from the Joshua Eaton school is this "Diamond in the Rough" home. The "sweat equity" you invest will certainly reward you in the end. There have been some updates i.e., 200 amp CB, double pane windows, roof and siding and french drain. Hardwood floors run through-out the home. Home is being sold in "AS IS" condition.

Public Records & Permits

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Recently Sold Nearby

Property History

Market Insights

29.2%

Price Range

8

Total Days on Market

1

Previous Sales

Property Timeline

Previous Transaction - MLS #72050954

Full transaction history available when tracking began

🏷️

Previously Sold

Sep 30, 2016

$599,995

MLS #72050954

View Listing →

✓

Sold

May 17, 2016

$425,000

Property sold

Days on Market: 8

✓

Sold

May 17, 2016

$425,000

Property sold

Days on Market: 8

🏠

Listed for Sale

Mar 30, 2016

$449,900

Original listing

Agent: Patricia DeWolfe Office: RE/MAX Leading Edge

🏠

Listed for Sale

Mar 30, 2016

$449,900

Original listing

Agent: Patricia DeWolfe Office: RE/MAX Leading Edge

Date	Event	Price	Change	$/sqft	Details
09/30/2016	🏷️ Previously Sold	$599,995	-	-	MLS #72050954
05/17/2016	✓ Sold	$425,000	-	-	Property sold
05/17/2016	✓ Sold	$425,000	-	-	Property sold
03/30/2016	🏠 Listed for Sale	$449,900	-	-	Original listing
03/30/2016	🏠 Listed for Sale	$449,900	-	-	Original listing

Tax History

Year	Taxes	Assessment
2016	$6,466	$445,900

Financial Details

Annual Property Tax

$6,466

Tax Year 2016

Assessed Value

$445,900

Facts & Features

1 Car Garage

Home Facts

Type Residential

Style Single Family Residence

Year Built 1958

Living Area 1,374 sq ft

Lot Size 0.26 acres

Bedrooms 3

Full Baths 1

Total Rooms 6

Interior

Heating Baseboard, Electric Baseboard, Oil, Electric

Cooling None

Flooring Vinyl, Hardwood

Appliances Water Heater, Oven, Dishwasher, Disposal, Refrigerator, Washer, Dryer

Fireplace Living Room

Fireplaces 1

Basement None

Laundry Electric Dryer Hookup, Washer Hookup, In Basement

Features None

Exterior

Construction Frame

Architecture Ranch

Roof Shingle

Features Porch

Pool None

Spa None

Fencing None

Patio/Porch Porch

Parking

Garage Spaces 1

Has Garage Yes

Features Attached, Paved Drive, Off Street

Total Spaces 5

Utilities

Electric Circuit Breakers, 200+ Amp Service

Water Public

Sewer Public Sewer

Gas None

Other For Electric Range, For Electric Oven, For Electric Dryer, Washer Hookup

Financial

Annual Tax $6,466

Assessed Value $445,900

HOA & Community

Fee Includes None

Amenities None

Optional Fee Includes None

MA Disclosures

Seller Disclosures Home Is Being Sold In As Is Condition.

Additional Details

Possession None

Accepted Financing Contract

Structure Type []

House Color Grey

Sq Ft Source Public Record

Documents None

County Middlesex

Total market time (incl. prior listings) 8 days

Property Overview

Property Type

Single Family Residence

Listing Type

Sold

Year Built

1958

Bedrooms

3

Full Bathrooms

1

Living Area

1,374 sq ft

Total Rooms

6

Floor Layout

Interior Features

Flooring: Vinyl, Hardwood

Appliances: Water Heater, Oven, Dishwasher, Disposal, Refrigerator, Washer, Dryer

Interior Features:

Windows: Insulated Windows

Basement:

Laundry: Electric Dryer Hookup, Washer Hookup, In Basement

Security:

Construction & Materials

Style: Ranch

Year Built: 1958

Structure Type:

Exterior Materials: Frame

Roof: Shingle

Foundation: Concrete Perimeter

Heating, Cooling & Utilities

Heating: Baseboard, Electric Baseboard, Oil, Electric

Heating Zones: 1

Cooling: None

Hot Water:

Water Source: Public

Sewer: Public Sewer

Energy Features:

Exterior & Lot

Exterior Features: Porch

Patio & Porch: Porch

Fencing:

Other Structures:

Lot Features: Cul-De-Sac, Easements

Road Surface: Paved

Parking & Garage

Garage Spaces: 1

Garage Type: Attached

Total Parking Spaces: 5

Parking Features: Attached, Paved Drive, Off Street

Special Features

Fireplaces: 1

Fireplace Type: Living Room

Community Amenities: Public Transportation, Shopping, Park, Golf, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station

Nearby Schools

School information not available for this location.

Location

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Neighborhood

24 Cherry Lane Drive, Reading MA 01867

Reading, MA 01867

Contact Us

BMN Boston Real Estate

Douglas Elliman

(617) 955-2224 contact@bmnboston.com

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