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1 Charles Street # K, Reading MA 01867

Reading, MA 01867
$540,000
Est. $3,807/month
3
Beds
1.5
Baths
1,312
Sq Ft
$412
Price/Sq Ft
1972
Year Built
7
Days on Market
Closed Listed Jan 2, 2025 • MLS# 73322343 Copied!

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!

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Property Overview

Property Type
Condominium
Listing Type
For Sale
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

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

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1972
Living Area 1,312 sq ft
Bedrooms 3
Full Baths 1
Half Baths 1
Total Rooms 7

Interior

Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Tile, Hardwood
Appliances Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Fireplace None
Basement Y
Laundry Closet/cabinets - Custom Built, Flooring - Stone/ceramic Tile, Electric Dryer Hookup, Washer Hookup, In Basement, In Unit
Features None

Exterior

Construction Frame
Architecture None
Roof Rubber
Features Patio, Fenced Yard, Screens
Pool None
Spa None
Fencing Fenced
Patio/Porch Patio

Parking

Features Off Street, Assigned, Guest, Paved
Total Spaces 1

Utilities

Electric Circuit Breakers, 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Dryer, Washer Hookup

Financial

Annual Tax $5,751
Assessed Value $490,700

Interior Features

Flooring: Tile, Hardwood
Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Interior Features:
Windows: Screens
Basement: Y
Laundry: Closet/Cabinets - Custom Built, Flooring - Stone/Ceramic Tile, Electric Dryer Hookup, Washer Hookup, In Basement, In Unit
Security:

Construction & Materials

Year Built: 1972
Effective Year (Renovated): 1976
Structure Type: Townhouse
Exterior Materials: Frame
Roof: Rubber
Foundation:
Stories: 3

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas
Heating Zones: 1
Cooling: Central Air
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Patio, Fenced Yard, Screens
Patio & Porch: Patio
Fencing: Fenced
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 1
Parking Features: Off Street, Assigned, Guest, Paved

Location

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Neighborhood

1 Charles Street # K, Reading MA 01867

Reading, MA 01867

Walkability

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Nearby Schools

School District
Reading School District local
A
School Safety 2024-25
0.4% Low
0.4% Suspensions 0.2% In-School
5.1% below state avg
E

Elementary Schools

6 schools
RISE PreSchool
0.7 mi
116 students Moderate
Grades PK
A-
Birch Meadow School
0.9 mi | #240 of 824 | Score: 52.9
Dropped 160 spots from last year
-5.3 below state avg
359 students Moderate
Strong Attendance
Grades K-05
A
Joshua Eaton School
1.1 mi | #93 of 824 | Score: 59.7
Improved 34 spots from last year
+1.5 above state avg
388 students Moderate
Rising School Strong Attendance
Grades K-05
A
J. Warren Killam Elementary School
1.1 mi | #94 of 824 | Score: 59.7
Improved 18 spots from last year
+1.5 above state avg
406 students Moderate
Strong Attendance
Grades K-05
A
Alice M Barrows School
1.2 mi | #158 of 824 | Score: 56.8
Dropped 82 spots from last year
-1.5 below state avg
365 students Less Diverse
Strong Attendance
Grades K-05
B+
Wood End Elementary School
1.9 mi | #275 of 824 | Score: 51.6
Dropped 192 spots from last year
-6.6 below state avg
236 students Less Diverse
Strong Attendance
Grades K-05
M

Middle Schools

2 schools
A
Walter S Parker Middle School
0.7 mi | #62 of 352 | Score: 54.7
Dropped 26 spots from last year
-3.6 below state avg
467 students Moderate
Grades 06-08
A
Arthur W Coolidge Middle School
0.9 mi | #43 of 352 | Score: 58.1
Improved 32 spots from last year
-0.1 below state avg
405 students Less Diverse
Rising School Strong Attendance
Grades 06-08
H

High Schools

2 schools
Austin Prep School
1.3 mi
Grades 06-12
A
Reading Memorial High School
0.7 mi | #65 of 346 | Score: 65.1
Dropped 5 spots from last year
+6.8 above state avg
1,094 students Less Diverse
18 sports • 2,420 athletes
Strong AP Program High Graduation Rate College Ready Curriculum Strong Athletics
Grades 09-12
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Monthly Payment Calculator

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

Monthly Payment Breakdown

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

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
Listing Data Updated Feb 10, 2025 11:37 AM EST
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

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