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108 South St, Reading MA 01867

Reading, MA 01867
$600,000
Est. $4,015/month
3
Beds
2
Baths
1,220
Sq Ft
$492
Price/Sq Ft
0.84
Acres
1978
Year Built
15
Days on Market
Closed Listed May 7, 2024 • MLS# 73234159 Copied!

About this home

Attention developers/contractors.This estate sale is a great opportunity for your next flip. The property will most likely not qualify for conventional or FHA loans and will probably require cash or a rehab loan. This 7 room split features 3 bedrooms and 2 full baths. The roof and heat were replaced in 2020. Public records do not include the LL family room and full bath and they are not included in the square footage listed on the public record. The property is being sold as is with no representations made by the seller or sellers agent as to the condition and the buyer and buyers agent are to do their own due diligence. The buyer will be responsible for the clean-out as well as obtaining the smoke certificate and all associated costs. All visitors to the property must sign the indemnification form in MLS prior to entering the property. The rear deck on the house was torn down and will need to be be replaced. Heat in lower level is electric. There will be no private showings.

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Property Overview

Property Type
Single Family Residence
Listing Type
For Sale
Year Built
1978
Bedrooms
3
Full Bathrooms
2
Living Area
1,220 sq ft
Total Rooms
7

Sale Statistics

Sale Overview
Original List Price: $529,900
Final Sale Price: $600,000
Difference: +$70,100 (+13.2%)
Performance Metrics
113.2%
List to Sale Ratio
Sold above asking price
15
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $434
Sale $/sq ft: $492
This property sold for $492 per square foot
Sale Summary

This property sold for 13.2% above the original asking price, indicating strong buyer demand.

With only 15 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Home Facts

Type Residential
Style Single Family Residence
Year Built 1978
Living Area 1,220 sq ft
Lot Size 0.84 acres
Bedrooms 3
Full Baths 2
Total Rooms 7

Interior

Heating Baseboard
Cooling None
Flooring None
Appliances Gas Water Heater
Fireplace Family Room
Fireplaces 1
Basement Full
Laundry In Basement
Features None

Exterior

Construction None
Architecture Split Entry
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features Off Street
Total Spaces 6

Utilities

Electric Circuit Breakers, 200+ Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range

Financial

Annual Tax $9,368
Assessed Value $799,300

Interior Features

Flooring:
Appliances: Gas Water Heater
Interior Features:
Windows:
Basement: Full
Laundry: In Basement
Security:

Construction & Materials

Style: Split Entry
Year Built: 1978
Structure Type:
Exterior Materials:
Roof:
Foundation: Concrete Perimeter

Heating, Cooling & Utilities

Heating: Baseboard
Heating Zones: 1
Cooling: None
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Other
Road Surface:

Parking & Garage

Total Parking Spaces: 6
Parking Features: Off Street

Special Features

Fireplaces: 1
Fireplace Type: Family Room
Community Amenities:

Location

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Neighborhood

108 South St, 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

3 schools
A
Joshua Eaton School
0.7 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-
Robin Hood School
1.1 mi | #248 of 824 | Score: 52.5
Improved 194 spots from last year
-5.8 below state avg
380 students Moderate
Rising School
Grades K-04
A
Alice M Barrows School
1.1 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
M

Middle Schools

3 schools
A
Walter S Parker Middle School
1.2 mi | #62 of 352 | Score: 54.7
Dropped 26 spots from last year
-3.6 below state avg
467 students Moderate
Grades 06-08
B
John F Kennedy Middle School
1.7 mi | #176 of 352 | Score: 42.4
Improved 42 spots from last year
-15.8 below state avg
521 students Diverse
Rising School
Grades 06-08
B+
Stoneham Central Middle School
1.9 mi | #132 of 352 | Score: 46.3
Dropped 33 spots from last year
-11.9 below state avg
689 students Moderate
Grades 05-08
H

High Schools

1 school
Austin Prep School
1.8 mi
Grades 06-12
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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 $781
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

63.5%
Price Range
16
Total Days on Market
1
Previous Sales

Property Timeline

Previous Transaction - MLS #73397582
Full transaction history available when tracking began
🏷️
Previously Sold
Sep 26, 2025
$1,450,000
MLS #73397582
Sold
Sep 6, 2024
$600,000
Property sold
Days on Market: 16
🏠
Listed for Sale
May 7, 2024
$529,900
Original listing
Agent: Mark Cranfill Office: Anderson Realty Partners

Price & Status History

Date Event Price Change
Sep 26, 2025 Sold $1,450,000
May 7, 2024 New Listing Added $529,900

Market Statistics

Days on Market
15 days
Price per Sq Ft
$492

Tax History

Year Taxes Assessment
2024 $9,368 $799,300

Financial Details

Annual Property Tax
$9,368
Tax Year 2024
Assessed Value
$799,300

Listing Information

Listing Agent Mark Cranfill
Listing Office Anderson Realty Partners
Agent MLS ID B0484598
Office MLS ID AN7893
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

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