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31 Cape Cod Avenue, Reading MA 01867

Reading, MA 01867
$430,000
Est. $39,366/month
3
Beds
1.5
Baths
1,360
Sq Ft
$316
Price/Sq Ft
0.04
Acres
1956
Year Built
5
Days on Market
Closed Listed Aug 9, 2018 • MLS# 72376795 Copied!

About this home

Located close to the commuter rail, bus, library and the town center. This 6 room, 3 bedroom, 1.5 bath Colonial is situated on a large level lot. The first floor has a living room with a fireplace, dining room, kitchen and a half bath. The second level offers three bedrooms and a full bath. Access through one of the bedrooms to another room located on the third floor. This home has remained with one family since 1956 and needs updating.

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Property Overview

Property Type
Single Family Residence
Listing Type
For Sale
Year Built
1956
Bedrooms
3
Full Bathrooms
1
Half Bathrooms
1
Living Area
1,360 sq ft
Total Rooms
6

Sale Statistics

Sale Overview
Original List Price: $409,000
Final Sale Price: $430,000
Difference: +$21,000 (+5.1%)
Performance Metrics
105.1%
List to Sale Ratio
Sold above asking price
5
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $301
Sale $/sq ft: $316
This property sold for $316 per square foot
Sale Summary

This property sold for 5.1% above the original asking price, indicating strong buyer demand.

With only 5 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

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

This Property
$316/sq ft
Area Average
$447/sq ft
Difference
29.3%

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

Facts & Features

Home Facts

Type Residential
Style Single Family Residence
Year Built 1956
Living Area 1,360 sq ft
Lot Size 0.04 acres
Bedrooms 3
Full Baths 1
Half Baths 1
Total Rooms 6

Interior

Heating Oil
Cooling None
Flooring Vinyl, Hardwood, Flooring - Hardwood
Appliances Tankless Water Heater, Range
Fireplace Living Room
Fireplaces 1
Basement Full
Laundry None
Features Bonus Room

Exterior

Construction Frame
Architecture Colonial
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features Paved Drive, Off Street
Total Spaces 2

Utilities

Electric Fuses
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range

Financial

Annual Tax $443,900
Assessed Value $2,018

Interior Features

Flooring: Vinyl, Hardwood, Flooring - Hardwood
Appliances: Tankless Water Heater, Range
Interior Features: Bonus Room
Windows:
Basement: Full
Laundry:
Security:

Construction & Materials

Style: Colonial
Year Built: 1956
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Block

Heating, Cooling & Utilities

Heating: Oil
Cooling: None
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 2
Parking Features: Paved Drive, Off Street

Special Features

Fireplaces: 1
Fireplace Type: Living Room
Community Amenities: Public Transportation, Highway Access, House of Worship, Private School, Public School, T-Station

Location

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Neighborhood

31 Cape Cod Avenue, 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
0.5 mi
116 students Moderate
Grades PK
A-
Birch Meadow School
0.7 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
0.9 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
0.4 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
0.7 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
0.5 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
0.9 mi
Grades 06-12
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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 $36,992
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

31.8%
Price Range
6
Total Days on Market
1
Previous Sales

Property Timeline

Previous Transaction - MLS #72506589
Full transaction history available when tracking began
🏷️
Previously Sold
Jul 11, 2019
$600,000
MLS #72506589
Sold
Sep 4, 2018
$430,000
Property sold
Days on Market: 6
🏠
Listed for Sale
Aug 9, 2018
$409,000
Original listing
Agent: Sumi Sinnatamby Office: Century 21 Commonwealth

Price & Status History

Date Event Price Change
Jul 11, 2019 Sold $600,000
Aug 9, 2018 New Listing Added $409,000

Market Statistics

Days on Market
5 days
Price per Sq Ft
$316

Tax History

Year Taxes Assessment
2018 $443,900 $2,018

Financial Details

Annual Property Tax
$443,900
Tax Year 2018
Assessed Value
$2,018

Listing Information

Listing Agent Sumi Sinnatamby
Listing Office Century 21 Commonwealth
Agent MLS ID B0661874
Office MLS ID AN4174
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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