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345 Pearl Street, Reading MA 01867

Reading, MA 01867
$451,000
Est. $3,050/month
3
Beds
1.5
Baths
1,766
Sq Ft
$255
Price/Sq Ft
0.52
Acres
1920
Year Built
18
Days on Market
Closed Listed Feb 21, 2018 • MLS# 72283944 Copied!

About this home

Great opportunity! Contractors or buyers with a keen sense of vision will appreciate the potential this spacious seven room Colonial has to offer. Features include a desirable location, lovely half-acre lot, a large kitchen that is open to a very inviting, sun-filled family room, hardwood floors, mud room and a spacious deck overlooking a great big yard. Convenient to shops, restaurants, schools and all that Reading has to offer, including the train to Boston! Home is being sold "as is". Don't miss out on this one!

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Property Overview

Property Type
Single Family Residence
Listing Type
For Sale
Year Built
1920
Bedrooms
3
Full Bathrooms
1
Half Bathrooms
1
Living Area
1,766 sq ft
Total Rooms
7

Sale Statistics

Sale Overview
Original List Price: $425,000
Final Sale Price: $451,000
Difference: +$26,000 (+6.1%)
Performance Metrics
106.1%
List to Sale Ratio
Sold above asking price
18
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $241
Sale $/sq ft: $255
This property sold for $255 per square foot
Sale Summary

This property sold for 6.1% above the original asking price, indicating strong buyer demand.

With only 18 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Home Facts

Type Residential
Style Single Family Residence
Year Built 1920
Living Area 1,766 sq ft
Lot Size 0.52 acres
Bedrooms 3
Full Baths 1
Half Baths 1
Total Rooms 7

Interior

Heating Steam, Oil
Cooling None
Flooring Carpet, Hardwood
Appliances Range, Dishwasher, Refrigerator
Fireplace None
Basement Full, Bulkhead, Unfinished
Laundry First Floor
Features Closet, Mud Room

Exterior

Construction Frame
Architecture Colonial
Roof None
Features Deck - Wood, Storage
Pool None
Spa None
Fencing None
Patio/Porch Deck - Wood

Parking

Features Paved Drive, Off Street, Paved
Total Spaces 4

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $6,838
Assessed Value $493,000

Interior Features

Flooring: Carpet, Hardwood
Appliances: Range, Dishwasher, Refrigerator
Interior Features: Closet, Mud Room
Windows:
Basement: Full, Bulkhead, Unfinished
Laundry: First Floor
Security:

Construction & Materials

Style: Colonial
Year Built: 1920
Structure Type:
Exterior Materials: Frame
Roof:
Foundation: Stone

Heating, Cooling & Utilities

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

Exterior & Lot

Exterior Features: Deck - Wood, Storage
Patio & Porch: Deck - Wood
Fencing:
Other Structures:
Lot Features: Cleared
Road Surface:

Parking & Garage

Total Parking Spaces: 4
Parking Features: Paved Drive, Off Street, Paved

Location

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Neighborhood

345 Pearl Street, 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
0.6 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
0.6 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
B+
Wood End Elementary School
1.0 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
A
Alice M Barrows School
1.9 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
A
Joshua Eaton School
2.0 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
M

Middle Schools

2 schools
A
Arthur W Coolidge Middle School
0.5 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
1.5 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
1.5 mi
Grades 06-12
A
Reading Memorial High School
0.6 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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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 $570
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
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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

62.7%
Price Range
19
Total Days on Market
1
Previous Sales

Property Timeline

Previous Transaction - MLS #72406648
Full transaction history available when tracking began
🏷️
Previously Sold
Jun 7, 2019
$1,140,000
MLS #72406648
Sold
Apr 3, 2018
$451,000
Property sold
Days on Market: 19
🏠
Listed for Sale
Feb 21, 2018
$425,000
Original listing
Agent: Lois McColgan Office: RE/MAX Leading Edge

Price & Status History

Date Event Price Change
Jun 7, 2019 Sold $1,140,000
Feb 21, 2018 New Listing Added $425,000

Market Statistics

Days on Market
18 days
Price per Sq Ft
$255

Tax History

Year Taxes Assessment
2018 $6,838 $493,000

Financial Details

Annual Property Tax
$6,838
Tax Year 2018
Assessed Value
$493,000

Listing Information

Listing Agent Lois McColgan
Listing Office RE/MAX Leading Edge
Agent MLS ID B8000309
Office MLS ID AN0156
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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