1 Charles Street # K, Reading MA 01867

Reading, MA 01867
$540,000
Est. $2,874/month
3
Beds
1.5
Baths
1,312
Sq Ft
$412
Price/Sq Ft
1972
Year Built
Condominium
Type
7
Days on Market
Closed Listed Sep 26, 2025 • MLS# 73322343

About this home

Tremendous opportunity to purchase a 3 bedroom townhome in a fantastic downtown location...a great place to live AND to achieve instant equity with some improvements. A wise investment in your future, this ideally situated unit backs up to the beauty of Memorial Park, where you can enjoy relaxing & entertaining in your private oasis, reminiscent of a Beacon Hill hide-away enhanced by a brick patio & perennials, this space alone is worth the price of admission. Clean & well cared for, simply make your desired cosmetic changes & you are HOME! The first floor offers an efficient kitchen that opens to a comfortable dining room & spacious living room with French doors to outside. A lovely entry will welcome you & your guests, & a half bath offers convenience. Upstairs are 3 generous bedrooms & a sky-lit full bath. The lower level is AWESOME with a brick "fireplace," a wall of built-ins & a dedicated laundry area with storage & function. This is the one you have waited for...DON'T delay!

Sale Statistics

Sale Overview
Original List Price: $509,900
Final Sale Price: $540,000
Difference: +$30,100 (+5.9%)
Performance Metrics
105.9%
List to Sale Ratio
Sold above asking price
7
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $389
Sale $/sq ft: $412
This property sold for $412 per square foot
Sale Summary

This property sold for 5.9% above the original asking price, indicating strong buyer demand.

With only 7 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
Condominium
Property Category
Residential
Year Built
1972
Bedrooms
3
Full Bathrooms
1
Half Bathrooms
1
Living Area
1,312 sq ft
Total Rooms
7
Stories
3
Entry Level
1

Interior Features

Flooring
Tile, Hardwood
Heating
Forced Air, Natural Gas
Has Heating
Yes
Cooling
Central Air
Has Cooling
Yes
Has Fireplace
No
Appliances
Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Laundry Features
Closet/Cabinets - Custom Built, Flooring - Stone/Ceramic Tile, Electric Dryer Hookup, Washer Hookup, In Basement, In Unit
Basement Details
Y
Window Features
Screens
Accessibility Features
No

Exterior & Structure

Construction Materials
Frame
Roof
Rubber
Exterior Features
Patio, Fenced Yard, Screens
Patio/Porch Features
Patio
Fencing
Fenced
Has Spa
No
Waterfront Property
No

Lot & Land

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
1
Parking Features
Off Street, Assigned, Guest, Paved

Utilities & Systems

Utilities Available
for Electric Range, for Electric Dryer, Washer Hookup
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers, 100 Amp Service

Community & HOA

Community Features
Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Highway Access, Public School
HOA Fee
$397
HOA Fee Frequency
Monthly
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$5,751
Tax Year
2024
Tax Assessed Value
$490,700
Parcel Number
734528
Zoning
Condo

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Building Name
One Charles Street Condominiums
Common Walls
2+ Common Walls
Disclosures
Sellers never lived in property. Sellers nor Listing Broker make any representations. Buyers & agents advised to verify independently. DW not working. FP is purely decor. Roof NEW in 19'. Updated windows. HW tank new 21'. Pets need board approval-45lb max. HOA fee reduced to 380/mo as of 2/1/25
Exclusions
See Addendum Attached About Rentals. 6 Units Can Be Rented. Believed That 4 Currently Rented.
Listing Terms
Contract

Location

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Neighborhood

1 Charles Street # K, Reading MA 01867

Reading, MA 01867

Walkability

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Schools

Elementary School
See Super
Rating information coming soon
High School
Rmhs
Rating information coming soon

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $479
Homeowners Insurance $200
HOA Fee $397
PMI $0

Property History

Market Insights

5.6%
Price Range
8
Total Days on Market

Property Timeline

Sold
Feb 10, 2025
$540,000
Property sold
Days on Market: 8
🏠
Listed for Sale
Jan 2, 2025
$509,900
Original listing
Agent: Rick Nazzaro Office: Colonial Manor Realty

Price & Status History

Date Event Price Change
Jan 2, 2025 New Listing Added $509,900

Market Statistics

Days on Market
7 days
Price per Sq Ft
$412

Tax History

Year Taxes Assessment
2024 $5,751 $490,700

Financial Details

Annual Property Tax
$5,751
Tax Year 2024
HOA Fee
$397
Monthly
Assessed Value
$490,700

Listing Information

Listing Agent Rick Nazzaro
Listing Office Colonial Manor Realty
Agent MLS ID B0482541
Office MLS ID B32911

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