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16 Fairmount Rd, Reading MA 01867

Reading, MA 01867
$715,000
Est. $3,806/month
3
Beds
1.5
Baths
1,332
Sq Ft
$537
Price/Sq Ft
0.19
Acres
1935
Year Built
Single Family Residence
Type
20
Days on Market
Closed Listed Sep 26, 2025 • MLS# 73271708

About this home

Welcome to 16 Fairmount Road, a timeless Colonial perfectly situated in a wonderful neighborhood. This beautifully maintained home showcases classic elegance with hardwood floors throughout and an inviting fireplaced living room, ideal for cozy gatherings. The versatile family room offers a range of possibilities, whether you need a home office, playroom, or simply a space to adapt as your needs evolve. Enjoy your morning coffee on the charming screened-in porch, a delightful spot for alfresco dining. The kitchen is equipped with gas cooking. The back yard is great for future gardening, games and play! Many updates including gas heating ('17), new roof ('23) and more! The serene location street also offers effortless access to Routes 93, 95, and the Commuter Rail. Comfort, Convenience and Character!

Sale Statistics

Sale Overview
Original List Price: $724,900
Final Sale Price: $715,000
Difference: $9,900 (-1.4%)
Performance Metrics
98.6%
List to Sale Ratio
Sold below asking price
20
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $544
Sale $/sq ft: $537
This property sold for $537 per square foot
Sale Summary

This property sold for 1.4% below the original asking price.

With only 20 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
1935
Bedrooms
3
Full Bathrooms
1
Half Bathrooms
1
Living Area
1,332 sq ft
Total Rooms
7

Interior Features

Flooring
Tile, Hardwood, Flooring - Hardwood
Heating
Steam, Natural Gas
Has Heating
Yes
Cooling
Window Unit(s), None
Has Cooling
No
Fireplace Features
Living Room
Has Fireplace
Yes
Number of Fireplaces
1
Appliances
Gas Water Heater, Water Heater, Disposal, Microwave, Refrigerator
Interior Features
Bathroom - Half, Ceiling Fan(s), Closet, Recessed Lighting, Lighting - Overhead, Bonus Room
Laundry Features
Gas Dryer Hookup, In Basement, Washer Hookup
Basement Details
Full

Exterior & Structure

Architectural Style
Colonial
Foundation
Concrete Perimeter, Block
Exterior Features
Porch - Enclosed, Rain Gutters
Patio/Porch Features
Porch - Enclosed
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.19 acres
Lot Size
8,368 sq ft
Lot Size Area
0.1900
Road Frontage Type
Dead End

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
2
Parking Features
Paved Drive, Off Street

Utilities & Systems

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

Community & HOA

Community Features
Public Transportation, Shopping, Laundromat, Highway Access, House of Worship, Public School
HOA
No
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$7,501
Tax Year
2024
Tax Assessed Value
$640,000
Parcel Number
M:008.000000020.0,730574
Zoning
S15

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Attached Property
No

Location

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Neighborhood

16 Fairmount Rd, Reading MA 01867

Reading, MA 01867

Walkability

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Schools

Elementary School
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Rating information coming soon
Middle School
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High School
Reading
Rating information coming soon

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $625
Homeowners Insurance $200
PMI $0

Property History

Market Insights

1.4%
Price Range
21
Total Days on Market

Property Timeline

✓
Sold
Sep 19, 2024
$715,000
Property sold
Days on Market: 21
🏠
Listed for Sale
Jul 31, 2024
$724,900
Original listing
Agent: The Ternullo Real Estate Team Office: Leading Edge Real Estate

Price & Status History

Date Event Price Change
Jul 31, 2024 New Listing Added $724,900 —

Market Statistics

Days on Market
20 days
Price per Sq Ft
$537

Tax History

Year Taxes Assessment
2024 $7,501 $640,000

Financial Details

Annual Property Tax
$7,501
Tax Year 2024
Assessed Value
$640,000

Listing Information

Listing Agent The Ternullo Real Estate Team
Listing Office Leading Edge Real Estate
Agent MLS ID TM000416
Office MLS ID AN4648

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