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250 Martins Landing # 103, North Reading MA 01864

North Reading, MA 01864
$425,000
Est. $3,180/month
1
Beds
1
Baths
955
Sq Ft
$445
Price/Sq Ft
2022
Year Built
86
Days on Market
Closed Listed Mar 19, 2025 • MLS# 73347516 Copied!

About this home

Discover effortless living in this beautifully designed, 2023 1-bedroom, 1-bathroom condo located in the sought-after Martins Landing 55+ Exclusive Adult Community. Ideally situated near Route 93 and Route 125, this ground-level unit offers the perfect blend of comfort and convenience. Inside the open-concept layout featuring a modern kitchen with a spacious island, stainless steel appliances, and a dedicated dining area. The inviting living room provides a cozy retreat, while the generous sized bedroom boasts a walk-in closet for ample storage. Enjoy the perfect bonus room for your home office or comfortable den for more added value. A full bathroom and the added convenience of in-unit laundry complete this stylish home. Sliding doors lead you to your private patio, perfect for enjoying morning coffee or relaxing outdoors. Enjoy the community’s top-notch amenities, including a clubhouse, fitness area, and scenic walking paths. Don’t miss this opportunity—schedule your showing today!

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
2022
Bedrooms
1
Full Bathrooms
1
Living Area
955 sq ft
Total Rooms
5
Stories
1
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $469,000
Final Sale Price: $425,000
Difference: $44,000 (-9.4%)
Performance Metrics
90.6%
List to Sale Ratio
Sold below asking price
86
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $491
Sale $/sq ft: $445
This property sold for $445 per square foot
Sale Summary

This property sold for 9.4% below the original asking price.

The property spent 86 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
$445/sq ft
Area Average
$518/sq ft
Difference
14.1%

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

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 2022
Living Area 955 sq ft
Bedrooms 1
Full Baths 1
Total Rooms 5

Interior

Heating Forced Air, Electric
Cooling Central Air
Flooring Tile, Carpet, Wood Laminate
Appliances None
Fireplace None
Basement N
Laundry Flooring - Stone/ceramic Tile, Electric Dryer Hookup, Washer Hookup, First Floor, In Unit
Features None

Exterior

Construction Conventional (2x4-2x6)
Architecture None
Roof Shingle
Features Porch
Pool None
Spa None
Fencing None
Patio/Porch Porch

Parking

Features Common
Total Spaces 1

Utilities

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

Financial

Annual Tax $5,620
Assessed Value $430,300

Interior Features

Flooring: Tile, Carpet, Wood Laminate
Appliances:
Interior Features:
Windows: Insulated Windows
Basement: N
Laundry: Flooring - Stone/Ceramic Tile, Electric Dryer Hookup, Washer Hookup, First Floor, In Unit
Security: Security System

Construction & Materials

Year Built: 2022
Structure Type: Mid-Rise
Exterior Materials: Conventional (2x4-2x6)
Roof: Shingle
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Forced Air, Electric
Heating Zones: 1
Cooling: Central Air
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features: Thermostat

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 1
Parking Features: Common

Location

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Neighborhood

250 Martins Landing # 103, 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
1.4 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
1.5 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 $468
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

4.5%
Price Range
87
Total Days on Market

Property Timeline

Sold
Jul 9, 2025
$425,000
Property sold
Days on Market: 87
🏠
Listed for Sale
Mar 19, 2025
$445,000
Original listing
Agent: Paul J. Cervone Office: Lamacchia Realty, Inc.

Price & Status History

Date Event Price Change
Mar 19, 2025 New Listing Added $445,000

Market Statistics

Days on Market
86 days
Price per Sq Ft
$445

Tax History

Year Taxes Assessment
2025 $5,620 $430,300

Financial Details

Annual Property Tax
$5,620
Tax Year 2025
HOA Fee
$363
Monthly
Assessed Value
$430,300

Listing Information

Listing Agent Paul J. Cervone
Listing Office Lamacchia Realty, Inc.
Agent MLS ID CT004123
Office MLS ID AN2885
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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