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400 Main St, Reading MA 01867

Reading, MA 01867
$180,000
Est. $1,377/month
4
Beds
1
Baths
1,453
Sq Ft
$124
Price/Sq Ft
0.06
Acres
1963
Year Built
Single Family Residence
Type
76
Days on Market
Closed Listed Nov 12, 2015 • MLS# 71930886 Copied!

About this home

Location! Location! Location! Ideal NEW BUSINESS OPPORTUNITY... Highly visible location!!! Potential for Single Family owner occupied Residence with a Commercial/Professional retail office space located on high traffic busy route 28. Across the street from McDonald's Restaurant, Business B zone, 5 off street parking spaces and a stone's throw away from two municipal parking lots. Near public library, commuter rail station and so much more. Great opportunity to start your own business in the New Year!!!

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Property Overview

Property Type
Single Family Residence
Listing Type
For Sale
Year Built
1963
Bedrooms
4
Half Bathrooms
2
Living Area
1,453 sq ft
Total Rooms
6

Sale Statistics

Sale Overview
Original List Price: $284,888
Final Sale Price: $180,000
Difference: $104,888 (-36.8%)
Performance Metrics
63.2%
List to Sale Ratio
Sold below asking price
76
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $196
Sale $/sq ft: $124
This property sold for $124 per square foot
Sale Summary

This property sold for 36.8% below the original asking price.

The property spent 76 days on market before selling.

Facts & Features

Home Facts

Type Residential
Style Single Family Residence
Year Built 1963
Living Area 1,453 sq ft
Lot Size 0.06 acres
Bedrooms 4
Half Baths 2
Total Rooms 6

Interior

Heating Baseboard, Oil
Cooling None
Flooring Carpet
Appliances None
Fireplace None
Basement Full
Laundry None
Features None

Exterior

Construction Frame
Architecture Colonial, Other (see Remarks)
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features Paved Drive, Off Street, Paved
Total Spaces 5

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $3,200
Assessed Value $217,700

Interior Features

Flooring: Carpet
Appliances: None
Interior Features:
Windows:
Basement: Full
Laundry:
Security:

Construction & Materials

Style: Colonial, Other (See Remarks)
Year Built: 1963
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Concrete Perimeter, Block

Heating, Cooling & Utilities

Heating: Baseboard, 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: Paved

Parking & Garage

Total Parking Spaces: 5
Parking Features: Paved Drive, Off Street, Paved

Location

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Neighborhood

400 Main St, 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
Joshua Eaton School
0.6 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
RISE PreSchool
1.1 mi
116 students Moderate
Grades PK
A
Alice M Barrows School
1.1 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-
Birch Meadow School
1.3 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
J. Warren Killam Elementary School
1.6 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
B+
Wood End Elementary School
2.3 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
M

Middle Schools

2 schools
A
Walter S Parker Middle School
0.6 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
1.3 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
Austin Prep School
1.5 mi
Grades 06-12
A
Reading Memorial High School
1.1 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
Learn about these ratings
School data provided by BMN Schools

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 $267
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

26.7%
Price Range
77
Total Days on Market
1
Previous Sales

Property Timeline

Previous Transaction - MLS #72082205
Full transaction history available when tracking began
🏷️
Previously Sold
Dec 7, 2016
$245,500
MLS #72082205
View Listing →
✓
Sold
Mar 17, 2016
$180,000
Property sold
Days on Market: 77
🏠
Listed for Sale
Nov 12, 2015
$209,888
Original listing
Office: Century 21 Commonwealth

Price & Status History

Date Event Price Change
Dec 7, 2016 Sold $245,500 —
Nov 12, 2015 New Listing Added $209,888 —

Market Statistics

Days on Market
76 days
Price per Sq Ft
$124

Tax History

Year Taxes Assessment
2015 $3,200 $217,700

Financial Details

Annual Property Tax
$3,200
Tax Year 2015
Assessed Value
$217,700

Listing Information

Listing Agent Corey Melkonian
Listing Office Century 21 Commonwealth
Agent MLS ID CN205028
Office MLS ID BB6008
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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