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181 Lowell Street, Reading MA 01867

Reading, MA 01867
$399,000
Est. $2,719/month
3
Beds
2
Baths
1,457
Sq Ft
$274
Price/Sq Ft
0.27
Acres
1924
Year Built
21
Days on Market
Closed Listed Apr 2, 2018 • MLS# 72300870 Copied!

About this home

Investors and developers take note! Amazing location within walking distance to the commuter rail, downtown Reading and easy access to routes 93, 95 and 128. Offering a chance to become part of a community where property values are on an accelerating rise. Enter into a warm home with endless possibilities. On the first floor you will find a spacious living room, formal dining room, full bath and large eat-in kitchen containing sliders leading out to the grand deck overlooking a spacious backyard. The 2nd floor boasts 3 bedrooms and a full bath. Offering a level fenced in backyard with ample open space and both a farmers porch and a deck to relax on in the summer. This classic layout offers incredible flexibility for expansion and renovation. With a one car garage and plenty of off-street parking, don’t miss this incredible opportunity!

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Property Overview

Property Type
Single Family Residence
Listing Type
For Sale
Year Built
1924
Bedrooms
3
Full Bathrooms
2
Living Area
1,457 sq ft
Total Rooms
6

Sale Statistics

Sale Overview
Original List Price: $379,000
Final Sale Price: $399,000
Difference: +$20,000 (+5.3%)
Performance Metrics
105.3%
List to Sale Ratio
Sold above asking price
21
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $260
Sale $/sq ft: $274
This property sold for $274 per square foot
Sale Summary

This property sold for 5.3% above the original asking price, indicating strong buyer demand.

With only 21 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 5 similar properties sold within 0.5 miles in the last 90 days

This Property
$274/sq ft
Area Average
$447/sq ft
Difference
38.7%

This property sold below the area average, potentially representing good value for the buyer.

Facts & Features

1 Car Garage

Home Facts

Type Residential
Style Single Family Residence
Year Built 1924
Living Area 1,457 sq ft
Lot Size 0.27 acres
Bedrooms 3
Full Baths 2
Total Rooms 6

Interior

Heating Steam, Oil
Cooling None
Flooring Tile, Hardwood
Appliances Electric Water Heater, Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer, Plumbed For Ice Maker
Fireplace Living Room
Fireplaces 1
Basement Full, Unfinished
Laundry Electric Dryer Hookup, Washer Hookup, In Basement
Features None

Exterior

Construction Frame
Architecture Cottage
Roof Shingle
Features Porch, Deck, Fenced Yard
Pool None
Spa None
Fencing Fenced/enclosed, Fenced
Patio/Porch Porch, Deck

Parking

Garage Spaces 1
Has Garage Yes
Features Detached, Paved Drive, Off Street, Tandem, Paved
Total Spaces 4

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Dryer, Washer Hookup, Icemaker Connection

Financial

Annual Tax $6,023
Assessed Value $434,300

Interior Features

Flooring: Tile, Hardwood
Appliances: Electric Water Heater, Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer, Plumbed For Ice Maker
Interior Features:
Windows:
Basement: Full, Unfinished
Laundry: Electric Dryer Hookup, Washer Hookup, In Basement
Security:

Construction & Materials

Style: Cottage
Year Built: 1924
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Concrete Perimeter

Heating, Cooling & Utilities

Heating: Steam, Oil
Heating Zones: 1
Cooling: None
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Porch, Deck, Fenced Yard
Patio & Porch: Porch, Deck
Fencing: Fenced/Enclosed, Fenced
Other Structures:
Lot Features: Cleared
Road Surface:

Parking & Garage

Garage Spaces: 1
Total Parking Spaces: 4
Parking Features: Detached, Paved Drive, Off Street, Tandem, Paved

Special Features

Fireplaces: 1
Fireplace Type: Living Room
Community Amenities: Public Transportation, Shopping, Park, Golf, Highway Access, Public School

Location

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Neighborhood

181 Lowell Street, 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
RISE PreSchool
0.4 mi
116 students Moderate
Grades PK
A-
Birch Meadow School
0.6 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
Alice M Barrows School
0.8 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

2 schools
A
Walter S Parker Middle School
0.5 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
0.6 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
A
Reading Memorial High School
0.4 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
Austin Prep School
0.8 mi
Grades 06-12
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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
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $502
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

47%
Price Range
23
Total Days on Market
2
Previous Sales

Property Timeline

Previous Transaction - MLS #72801889
Full transaction history available when tracking began
🏷️
Previously Sold
Jun 21, 2021
$715,000
MLS #72801889
Previous Transaction - MLS #72455654
Full transaction history available when tracking began
🏷️
Previously Sold
May 30, 2019
$580,000
MLS #72455654
Sold
Apr 27, 2018
$399,000
Property sold
Days on Market: 23
🏠
Listed for Sale
Apr 2, 2018
$379,000
Original listing
Agent: Andersen Group Realty Office: Keller Williams Realty Boston Northwest

Price & Status History

Date Event Price Change
Jun 21, 2021 Sold $715,000
May 30, 2019 Sold $580,000
Apr 2, 2018 New Listing Added $379,000

Market Statistics

Days on Market
21 days
Price per Sq Ft
$274

Tax History

Year Taxes Assessment
2018 $6,023 $434,300

Financial Details

Annual Property Tax
$6,023
Tax Year 2018
Assessed Value
$434,300

Listing Information

Listing Agent Andersen Group Realty
Listing Office Keller Williams Realty Boston Northwest
Agent MLS ID TM309803
Office MLS ID AN2627
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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