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16 Elm Street, Reading MA 01867

Reading, MA 01867
$677,000
Est. $3,603/month
2
Beds
1.5
Baths
1,194
Sq Ft
$567
Price/Sq Ft
0.29
Acres
1900
Year Built
Single Family Residence
Type
5
Days on Market
Closed Listed Sep 26, 2025 • MLS# 73405228

About this home

Welcome to a great opportunity in highly desirable Reading! This charming 2-bedroom, 1.5-bath Colonial is set on a rare oversized lot at the end of a dead-end street, offering privacy and strong potential in a prime location. Inside, you'll find a classic layout with sun-filled rooms, ready for your updates and personal touch. A standout feature is the expansion potential within the lot's generous boundaries—ideal for a future addition, garage, or custom outdoor space. It's a great fit for anyone looking to get into Reading and a smart condo alternative with room to grow. Enjoy close proximity to schools, downtown, commuter rail, and major routes—an excellent investment in a sought-after town.

Sale Statistics

Sale Overview
Original List Price: $639,900
Final Sale Price: $677,000
Difference: +$37,100 (+5.8%)
Performance Metrics
105.8%
List to Sale Ratio
Sold above asking price
5
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $536
Sale $/sq ft: $567
This property sold for $567 per square foot
Sale Summary

This property sold for 5.8% above the original asking price, indicating strong buyer demand.

With only 5 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
Single Family Residence
Property Category
Residential
Year Built
1900
Bedrooms
2
Full Bathrooms
1
Half Bathrooms
1
Living Area
1,194 sq ft
Total Rooms
5

Interior Features

Flooring
Tile, Carpet, Hardwood
Heating
Baseboard, Natural Gas
Has Heating
Yes
Cooling
Central Air, Window Unit(s)
Has Cooling
Yes
Has Fireplace
No
Appliances
Range, Dishwasher, Refrigerator, Washer, Dryer
Laundry Features
Gas Dryer Hookup, Washer Hookup, In Basement
Basement Details
Full

Exterior & Structure

Construction Materials
Frame
Architectural Style
Colonial
Roof
Shingle
Foundation
Block, Stone
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.29 acres
Lot Size
12,502 sq ft
Lot Size Area
0.2900
Lot Features
Level

Parking & Garage

Has Garage
Yes
Attached Garage
No
Has Carport
No
Total Non-Garage Parking Spaces
6
Parking Features
Detached, Paved Drive

Utilities & Systems

Water Source
Public
Sewer
Public Sewer
Electric
200+ Amp Service

Community & HOA

Community Features
Public Transportation, Shopping, Park, Golf, Highway Access, House of Worship, Private School, Public School
HOA
No
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$7,683
Tax Year
2025
Tax Assessed Value
$674,500
Parcel Number
M:022.000000045.0,733385
Zoning
S15

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Attached Property
No
Disclosures
Central AC currently inoperable. Some of the photos are virtually staged.
Listing Terms
Contract

Location

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Neighborhood

16 Elm Street, Reading MA 01867

Reading, MA 01867

Walkability

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Schools

Elementary School
Killam
Rating information coming soon
Middle School
Parker
Rating information coming soon
High School
Rmhs
Rating information coming soon

Monthly Payment Calculator

%
%
Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $640
Homeowners Insurance $200
PMI $0

Property History

Market Insights

5.5%
Price Range
6
Total Days on Market

Property Timeline

✓
Sold
Aug 7, 2025
$677,000
Property sold
Days on Market: 6
🏠
Listed for Sale
Jul 16, 2025
$639,900
Original listing
Agent: Lisa Santilli Office: Classified Realty Group

Price & Status History

Date Event Price Change
Jul 16, 2025 New Listing Added $639,900 —

Market Statistics

Days on Market
5 days
Price per Sq Ft
$567

Tax History

Year Taxes Assessment
2025 $7,683 $674,500

Financial Details

Annual Property Tax
$7,683
Tax Year 2025
Assessed Value
$674,500

Listing Information

Listing Agent Lisa Santilli
Listing Office Classified Realty Group
Agent MLS ID B8000051
Office MLS ID AN1116

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