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45 Park Ave, Reading MA 01867

Reading, MA 01867
$520,000
Est. $3,275/month
3
Beds
1.5
Baths
1,800
Sq Ft
$289
Price/Sq Ft
0.28
Acres
1950
Year Built
44
Days on Market
Closed Listed Dec 9, 2016 • MLS# 72100198 Copied!

About this home

Everything's been done, just move in! Features new granite kitchen with all new stainless appliances, fireplace in livingroom, two new bathrooms. Refinished hardwood floors, and freshly painted,inside and out. Finished lower level playroom/ familyroom offers getaway space for the kids, or home office, etc. Updated roof, gutters, heating system, electrical and windows. Nice sunroom off of kitchen. An oversized detached two car garage with a bonus room attached, is a great spot for the cars, and a handyperson or tradesman's workshop. Are you a commuter? Well, leave your car at home if you want, because you can walk to the T rail station to Boston! Also very convenient to highways. Private dead end street, abutting 14 acres of Town owned forest to walk and hike in. Gas available at street.

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Public Records

Current Owner

Owner BORCHELT MICHAEL P
Mailing Address 45 PARK AVE, READING, MA, 01867

Land Use

Use Code 101
Description Single Family
Zoning S15
Style CAPE

Tax Information

Assessed Value $802,700
Tax Rate $12.38 per $1,000
Base Tax $9,937
CPA Surcharge 1.5% ($130)
Estimated Annual Tax $10,068

Assessment History

Year Land Building Total Change
FY2026 $492,700 $301,700 $802,700

Sale History

Date Price Book/Page
Aug 31, 2020 $655,000 75495/521

Municipal Context: READING

Median Home Value $665,000
Avg SF Tax Bill $8,230
Residential Tax Rate $12.38/1000
CPA Surcharge 1.5%
County Middlesex
Match: geocode_proximity (89.6% confidence) · Data as of Mar 8, 2026

Property Overview

Property Type
Single Family Residence
Listing Type
For Sale
Year Built
1950
Bedrooms
3
Full Bathrooms
1
Half Bathrooms
1
Living Area
1,800 sq ft
Total Rooms
7

Sale Statistics

Sale Overview
Original List Price: $529,900
Final Sale Price: $520,000
Difference: $9,900 (-1.9%)
Performance Metrics
98.1%
List to Sale Ratio
Sold below asking price
44
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $294
Sale $/sq ft: $289
This property sold for $289 per square foot
Sale Summary

This property sold for 1.9% below the original asking price.

The property spent 44 days on market before selling.

Nearby Sales Comparison

Based on 2 similar properties sold within 0.5 miles in the last 90 days

This Property
$289/sq ft
Area Average
$541/sq ft
Difference
46.6%

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

Facts & Features

2 Car Garage

Home Facts

Type Residential
Style Single Family Residence
Year Built 1950
Living Area 1,800 sq ft
Lot Size 0.28 acres
Bedrooms 3
Full Baths 1
Half Baths 1
Total Rooms 7

Interior

Heating Baseboard, Oil
Cooling None
Flooring Tile, Carpet, Hardwood, Flooring - Wall To Wall Carpet
Appliances Tankless Water Heater, Range, Dishwasher, Disposal, Refrigerator
Fireplace Living Room
Fireplaces 1
Basement Full, Partially Finished
Laundry In Basement
Features Sun Room

Exterior

Construction Frame
Architecture Cape
Roof Shingle
Features Porch - Enclosed, Storage
Pool None
Spa None
Fencing None
Patio/Porch Porch - Enclosed

Parking

Garage Spaces 2
Has Garage Yes
Features Detached, Paved Drive, Off Street
Total Spaces 6

Utilities

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

Financial

Annual Tax $5,352
Assessed Value $369,100

Interior Features

Flooring: Tile, Carpet, Hardwood, Flooring - Wall to Wall Carpet
Appliances: Tankless Water Heater, Range, Dishwasher, Disposal, Refrigerator
Interior Features: Sun Room
Windows: Insulated Windows
Basement: Full, Partially Finished
Laundry: In Basement
Security:

Construction & Materials

Style: Cape
Year Built: 1950
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Block

Heating, Cooling & Utilities

Heating: Baseboard, Oil
Heating Zones: 2
Cooling: None
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Porch - Enclosed, Storage
Patio & Porch: Porch - Enclosed
Fencing:
Other Structures:
Lot Features: Level
Road Frontage: 185.00 ft
Road Surface:

Parking & Garage

Garage Spaces: 2
Total Parking Spaces: 6
Parking Features: Detached, Paved Drive, Off Street

Special Features

Fireplaces: 1
Fireplace Type: Living Room
Community Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Conservation Area, Highway Access, House of Worship, Public School, T-Station

Location

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Neighborhood

45 Park Ave, 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
A
Joshua Eaton School
0.4 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
A
Alice M Barrows School
1.0 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
RISE PreSchool
1.2 mi
116 students Moderate
Grades PK
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
1.5 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
H

High Schools

3 schools
A
Reading Memorial High School
1.2 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
1.4 mi
Grades 06-12
Nazareth Academy
1.8 mi
Grades 09-12
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Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
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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 $446
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

45%
Price Range
45
Total Days on Market
2
Previous Sales

Property Timeline

Previous Transaction - MLS #72678154
Full transaction history available when tracking began
🏷️
Previously Sold
Aug 31, 2020
$655,000
MLS #72678154
Sold
Mar 3, 2017
$520,000
Property sold
Days on Market: 45
🏠
Listed for Sale
Dec 9, 2016
$529,500
Original listing
Agent: Stephen Conroy Office: Boardwalk Real Estate
Previous Transaction - MLS #72057259
Full transaction history available when tracking began
🏷️
Previously Sold
Sep 21, 2016
$360,000
MLS #72057259

Price & Status History

Date Event Price Change
Aug 31, 2020 Sold $655,000
Dec 9, 2016 New Listing Added $529,500
Sep 21, 2016 Sold $360,000

Market Statistics

Days on Market
44 days
Price per Sq Ft
$289

Tax History

Year Taxes Assessment
2016 $5,352 $369,100

Financial Details

Annual Property Tax
$5,352
Tax Year 2016
Assessed Value
$369,100

Listing Information

Listing Agent Stephen Conroy
Listing Office Boardwalk Real Estate
Agent MLS ID B0387977
Office MLS ID B30601
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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