248 Franklin St, Reading MA 01867

Reading, MA 01867
$760,000
Est. $4,045/month
5
Beds
2.5
Baths
2,653
Sq Ft
$286
Price/Sq Ft
0.47
Acres
1960
Year Built
Single Family Residence
Type
55
Days on Market
Closed Listed Sep 26, 2025 • MLS# 73177926

About this home

OPEN HOUSE SUNDAY (12/10) 11am-1pm. Desirable location close to the schools and all that downtown Reading has to offer including a convenient commuter location! Investors and contractors take notice…. Kitchen is ten years old but the rest of the house could use some TLC…. Lovingly maintained by the same family for more than 50 years. Now it’s time for new owners to make it their own! 4-5 BR, 2.5 BA, 2nd summer kitchen and 2 garages. This one won’t last!

Sale Statistics

Sale Overview
Original List Price: $899,000
Final Sale Price: $760,000
Difference: $139,000 (-15.5%)
Performance Metrics
84.5%
List to Sale Ratio
Sold below asking price
55
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $339
Sale $/sq ft: $286
This property sold for $286 per square foot
Sale Summary

This property sold for 15.5% below the original asking price.

The property spent 55 days on market before selling.

Facts & Features

Property Overview

Property Type
Single Family Residence
Property Category
Residential
Year Built
1960
Bedrooms
5
Full Bathrooms
2
Half Bathrooms
1
Living Area
2,653 sq ft
Total Rooms
9
Main Level Bedrooms
1

Interior Features

Flooring
Laminate, Hardwood
Heating
Baseboard, Oil
Has Heating
Yes
Cooling
None
Has Cooling
No
Fireplace Features
Living Room
Has Fireplace
Yes
Number of Fireplaces
2
Appliances
Gas Water Heater, Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer, Wine Refrigerator
Interior Features
Kitchen
Laundry Features
In Basement, Electric Dryer Hookup, Washer Hookup
Basement Details
Full, Partially Finished, Walk-Out Access, Interior Entry, Garage Access

Exterior & Structure

Construction Materials
Frame
Architectural Style
Colonial
Roof
Shingle
Foundation
Block
Exterior Features
Porch - Enclosed, Deck - Composite
Patio/Porch Features
Porch - Enclosed, Deck - Composite
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.47 acres
Lot Size
20,325 sq ft
Lot Size Area
0.4700
Road Frontage Type
Public

Parking & Garage

Garage Spaces
2
Has Garage
Yes
Attached Garage
Yes
Has Carport
No
Total Non-Garage Parking Spaces
4
Parking Features
Attached, Under, Paved Drive
Covered Parking Spaces
2

Utilities & Systems

Utilities Available
for Gas Range, for Electric Oven, for Electric Dryer, Washer Hookup
Water Source
Public
Sewer
Public Sewer
Electric
200+ Amp Service

Community & HOA

Community Features
Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Highway Access, House of Worship, T-Station
HOA
No
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$9,998
Tax Year
2023
Tax Assessed Value
$794,100
Parcel Number
M:051.000000044.0,737714
Zoning
S20

Additional Details

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

Location

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Neighborhood

248 Franklin St, Reading MA 01867

Reading, MA 01867

Walkability

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Schools

Elementary School
Wood End
Rating information coming soon
Middle School
Coolidge Ms
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 $833
Homeowners Insurance $200
PMI $0

Property History

Market Insights

4.9%
Price Range
57
Total Days on Market

Property Timeline

Sold
Jan 26, 2024
$760,000
Property sold
Days on Market: 57
🏠
Listed for Sale
Nov 7, 2023
$799,000
Original listing
Agent: Kimberly O'Neil Mara Office: Century 21 North East

Price & Status History

Date Event Price Change
Nov 7, 2023 New Listing Added $799,000

Market Statistics

Days on Market
55 days
Price per Sq Ft
$286

Tax History

Year Taxes Assessment
2023 $9,998 $794,100

Financial Details

Annual Property Tax
$9,998
Tax Year 2023
Assessed Value
$794,100

Listing Information

Listing Agent Kimberly O'Neil Mara
Listing Office Century 21 North East
Agent MLS ID B8000844
Office MLS ID AN4352

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