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196 Salem St, Reading MA 01867

Reading, MA 01867
$660,000
Est. $4,124/month
3
Beds
1.5
Baths
1,772
Sq Ft
$372
Price/Sq Ft
0.82
Acres
1880
Year Built
10
Days on Market
Closed Listed Aug 17, 2021 • MLS# 72882565 Copied!

About this home

OPEN HOUSES CANCELLED** A commuter's dream home in Reading! This colonial home feels inviting the moment you walk through the door! Very deceiving from the front this spacious home has so much to offer! The living room with fireplace leads to the dining room with coffee station and built in cabinets. Just off the dining room is the kitchen with stainless appliances and granite which is open to the family room with vaulted ceilings and half bath. Hardwoods throughout the house. Upstairs are the three bedrooms, a study, which is perfect for the home school or office and an updated gorgeous full bath with built-in storage. Full unfinished basement is ideal for storage and laundry. One car garage and the private, fenced oversize yard to enjoy the outdoors! Situated on almost one-acre that allows for future expansion if desired. Minutes from major routes and Killam Elementary School and Reading School District.

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Public Records

Current Owner

Owner SVETIEV LUBOMIR
Mailing Address 196 SALEM ST, READING, MA, 01867

Land Use

Use Code 101
Description Single Family
Zoning S15
Style COLONIAL

Tax Information

Assessed Value $715,000
Tax Rate $12.38 per $1,000
Base Tax $8,852
CPA Surcharge 1.5% ($114)
Estimated Annual Tax $8,966

Assessment History

Year Land Building Total Change
FY2026 $415,600 $293,900 $715,000

Sale History

Date Price Book/Page
Oct 6, 2021 $660,000 78861/100

Municipal Context: READING

Median Home Value $665,000
Avg SF Tax Bill $8,230
Residential Tax Rate $12.38/1000
CPA Surcharge 1.5%
County Middlesex
Match: geocode_proximity (78.4% confidence) · Data as of Mar 8, 2026

Property Overview

Property Type
Single Family Residence
Listing Type
For Sale
Year Built
1880
Bedrooms
3
Full Bathrooms
1
Half Bathrooms
1
Living Area
1,772 sq ft
Total Rooms
9

Sale Statistics

Sale Overview
Original List Price: $660,000
Final Sale Price: $660,000
Difference: +$0 (+0.0%)
Performance Metrics
100.0%
List to Sale Ratio
Sold at asking price
10
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $372
Sale $/sq ft: $372
This property sold for $372 per square foot
Sale Summary

This property sold exactly at the asking price.

With only 10 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

1 Car Garage

Home Facts

Type Residential
Style Single Family Residence
Year Built 1880
Living Area 1,772 sq ft
Lot Size 0.82 acres
Bedrooms 3
Full Baths 1
Half Baths 1
Total Rooms 9

Interior

Heating Baseboard, Natural Gas
Cooling Window Unit(s)
Flooring Wood, Tile, Flooring - Hardwood
Appliances Gas Water Heater, Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Fireplace Living Room
Fireplaces 1
Basement Full, Interior Entry, Concrete, Unfinished
Laundry Electric Dryer Hookup, Washer Hookup, In Basement
Features Closet, Lighting - Overhead, Entry Hall, Study

Exterior

Construction None
Architecture Colonial
Roof Shingle
Features Patio, Rain Gutters, Fenced Yard
Pool None
Spa None
Fencing Fenced/enclosed, Fenced
Patio/Porch Patio

Parking

Garage Spaces 1
Has Garage Yes
Features Detached, Off Street, Paved
Total Spaces 5

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Gas Oven, For Electric Dryer

Financial

Annual Tax $7,039
Assessed Value $509,700

Interior Features

Flooring: Wood, Tile, Flooring - Hardwood
Appliances: Gas Water Heater, Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Interior Features: Closet, Lighting - Overhead, Entry Hall, Study
Windows:
Basement: Full, Interior Entry, Concrete, Unfinished
Laundry: Electric Dryer Hookup, Washer Hookup, In Basement
Security: Security System

Construction & Materials

Style: Colonial
Year Built: 1880
Structure Type:
Exterior Materials:
Roof: Shingle
Foundation: Stone

Heating, Cooling & Utilities

Heating: Baseboard, Natural Gas
Heating Zones: 2
Cooling: Window Unit(s)
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Patio, Rain Gutters, Fenced Yard
Patio & Porch: Patio
Fencing: Fenced/Enclosed, Fenced
Other Structures:
Lot Features: Wooded, Level
Road Surface:

Parking & Garage

Garage Spaces: 1
Total Parking Spaces: 5
Parking Features: Detached, Off Street, Paved

Special Features

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

Location

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Neighborhood

196 Salem 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

6 schools
A
J. Warren Killam Elementary School
1.0 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
RISE PreSchool
1.1 mi
116 students Moderate
Grades PK
A-
Birch Meadow School
1.4 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
1.4 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
Alice M Barrows School
1.8 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
B+
Wood End Elementary School
2.2 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
Arthur W Coolidge Middle School
1.2 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
A
Walter S Parker Middle School
1.3 mi | #62 of 352 | Score: 54.7
Dropped 26 spots from last year
-3.6 below state avg
467 students Moderate
Grades 06-08
H

High Schools

2 schools
Austin Prep School
1.9 mi
Grades 06-12
A
Reading Memorial High School
1.1 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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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $587
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

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Current Rate
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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

55.3%
Price Range
11
Total Days on Market
2
Previous Sales

Property Timeline

Sold
Oct 6, 2021
$660,000
Property sold
Days on Market: 11
🏠
Listed for Sale
Aug 17, 2021
$660,000
Original listing
Office: Bentley's
Previous Transaction - MLS #71957735
Full transaction history available when tracking began
🏷️
Previously Sold
Mar 28, 2016
$469,900
MLS #71957735
Previous Transaction - MLS #71667456
Full transaction history available when tracking began
🏷️
Previously Sold
Jun 5, 2014
$295,000
MLS #71667456

Price & Status History

Date Event Price Change
Aug 17, 2021 New Listing Added $660,000
Mar 28, 2016 Sold $469,900
Jun 5, 2014 Sold $295,000

Market Statistics

Days on Market
10 days
Price per Sq Ft
$372

Tax History

Year Taxes Assessment
2021 $7,039 $509,700

Financial Details

Annual Property Tax
$7,039
Tax Year 2021
Assessed Value
$509,700

Listing Information

Listing Agent Cosgrove-Yeastedt Group
Listing Office Bentley's
Agent MLS ID TM332594
Office MLS ID AN2888
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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