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240 Martins Landing # 204, North Reading MA 01864

North Reading, MA 01864
$480,000
Est. $3,445/month
1
Beds
1
Baths
955
Sq Ft
$503
Price/Sq Ft
2021
Year Built
47
Days on Market
Closed Listed Jan 8, 2025 • MLS# 73324293 Copied!

About this home

Martins Landing is North Reading’s premier 55+ community! Move right in without having to wait for construction. This pristine and like new Jenson style unit offers an open concept style of living perfect for entertaining. Enjoy cooking in the kitchen which has a large center island, stainless steel appliances, pantry with closet system by Closets By Design, all open to the living room featuring custom curtains, hardwood floors and your own private balcony. Large bedroom with custom curtains and Closets By Design walk in closet. Full bath with walk-in shower. Bonus room with French doors and custom built-in cabinets and desk makes perfect home office or den. In unit laundry room with storage. Relax on your private balcony. Martin's Landing is a secure adult community and has elevators in all the buildings. Amenities include a walking trail and clubhouse featuring fitness center, outside patio and grilling area, and multipurpose room for social events. Easy living!

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
2021
Bedrooms
1
Full Bathrooms
1
Living Area
955 sq ft
Total Rooms
4
Stories
1
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $469,900
Final Sale Price: $480,000
Difference: +$10,100 (+2.1%)
Performance Metrics
102.1%
List to Sale Ratio
Sold above asking price
47
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $492
Sale $/sq ft: $503
This property sold for $503 per square foot
Sale Summary

This property sold for 2.1% above the original asking price, indicating strong buyer demand.

The property spent 47 days on market before selling.

Nearby Sales Comparison

Based on 4 similar properties sold within 0.5 miles in the last 90 days

This Property
$503/sq ft
Area Average
$518/sq ft
Difference
2.9%

This property sold near the area average for similar homes.

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 2021
Living Area 955 sq ft
Bedrooms 1
Full Baths 1
Total Rooms 4

Interior

Heating Central, Natural Gas
Cooling Central Air, Individual, Unit Control
Flooring Tile, Carpet, Hardwood, Flooring - Hardwood
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Plumbed For Ice Maker
Fireplace None
Basement N
Laundry Electric Dryer Hookup, Washer Hookup, First Floor
Features Closet/cabinets - Custom Built, Recessed Lighting, Den

Exterior

Construction Frame
Architecture None
Roof Asphalt/composition Shingles
Features Balcony, Gazebo
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features Common
Total Spaces 2

Utilities

Electric Circuit Breakers, 100 Amp Service
Water Public
Sewer Private Sewer
Gas None
Other For Electric Range, For Electric Oven, For Electric Dryer, Washer Hookup, Icemaker Connection

Financial

Annual Tax $5,459
Assessed Value $418,000

Interior Features

Flooring: Tile, Carpet, Hardwood, Flooring - Hardwood
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Plumbed For Ice Maker
Interior Features: Closet/Cabinets - Custom Built, Recessed Lighting, Den
Windows: Insulated Windows
Basement: N
Laundry: Electric Dryer Hookup, Washer Hookup, First Floor
Security: Intercom, TV Monitor

Construction & Materials

Year Built: 2021
Structure Type: Garden, Mid-Rise
Exterior Materials: Frame
Roof: Asphalt/Composition Shingles
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Central, Natural Gas
Heating Zones: 1
Cooling: Central Air, Individual, Unit Control
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Private Sewer
Energy Features: Thermostat

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 2
Parking Features: Common

Location

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Neighborhood

240 Martins Landing # 204, North Reading MA 01864

North Reading, MA 01864

Walkability

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Nearby Schools

School District
North Reading School District local
A
School Safety 2024-25
0.0% Very Low (Safest)
0.4% In-School
5.5% below state avg
E

Elementary Schools

2 schools
B+
Woburn Street School
1.3 mi | #283 of 824 | Score: 51.3
Dropped 198 spots from last year
-6.9 below state avg
368 students Moderate
Strong Attendance
Grades 01-03
A-
North Intermediate School
1.4 mi | #196 of 824 | Score: 55.2
Improved 4 spots from last year
-3 below state avg
246 students Less Diverse
Strong Attendance
Grades 04-05
Learn about these ratings

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 $455
Homeowners Insurance $200
HOA Fee $363/mo
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

2.1%
Price Range
55
Total Days on Market

Property Timeline

Sold
Feb 26, 2025
$480,000
Property sold
Days on Market: 55
🏠
Listed for Sale
Jan 8, 2025
$469,900
Original listing
Agent: Evelyn Rockas Office: Coldwell Banker Realty - Lynnfield

Price & Status History

Date Event Price Change
Jan 8, 2025 New Listing Added $469,900

Market Statistics

Days on Market
47 days
Price per Sq Ft
$503

Tax History

Year Taxes Assessment
2025 $5,459 $418,000

Financial Details

Annual Property Tax
$5,459
Tax Year 2025
HOA Fee
$363
Per month
Assessed Value
$418,000

Listing Information

Listing Agent Evelyn Rockas
Listing Office Coldwell Banker Realty - Lynnfield
Agent MLS ID C9501399
Office MLS ID AN6219
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 North Reading, MA

Real-time market trends and pricing data for this area

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