47 Riverside Dr, North Reading MA 01864

North Reading, MA 01864
$799,999
Est. $5,038/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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6
Beds
4.5
Baths
3,282
Sq Ft
$244
Price/Sq Ft
0.56
Acres
1971
Year Built
2
Garage Spaces
8 hours 29 minutes
Time on Market
For Sale Listed Sep 18, 2026 • MLS# 73579788 Copied! • Updated Sep 18, 2026

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About this home

Exceptional opportunity for builders, developers, investors, or buyers looking to complete a substantial reconstruction in desirable North Reading. This property is currently under construction and being offered AS-IS, providing the next owner an opportunity to complete and customize an impressive Modern Farmhouse-style residence. Current plans feature approximately 3,282 SF of above-grade living area, plus approximately 1,000 SF of planned lower-level/basement space upon completion. The proposed layout features 6 bedrooms and 4.5 baths, including two primary en-suites, with a flexible floor plan designed for comfortable living. Plans also include an attached 2-car garage. A newly installed septic system is already in place. Situated on approximately 0.56 acres with scenic sloping landscape and views of the Ipswich River, the property offers tremendous potential in a desirable setting. Significant construction has already been undertaken, allowing the next owner to continue the project and select the remaining finishes. Convenient to shopping, major routes and area amenities. Property is an active construction site and is being sold AS-IS in its current condition. Buyer and buyer's agent to perform all due diligence regarding plans, permits, room configuration, measurements, construction status and completion requirements.

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Recently Sold Nearby

Property History

Market Insights

19.9%
Price Range
1
Previous Sales

Property Timeline

🏠
Listed for Sale
Sep 18, 2026
$799,999
Original listing
Agent: Dominion Okeke Office: Chinatti Realty Group, Inc.
Previous Transaction - MLS #73360646
Full transaction history available when tracking began
🏷️
Previously Sold
Jun 27, 2025
$641,000
MLS #73360646

Tax History

Year Taxes Assessment
2026 $9,519 $715,700

Financial Details

Annual Property Tax
$9,519
Tax Year 2026
Assessed Value
$715,700

Facts & Features

2 Car Garage

Home Facts

Type Residential
Style Single Family Residence
Year Built 1971
Living Area 3,282 sq ft
Lot Size 0.56 acres
Bedrooms 6
Full Baths 4
Half Baths 1
Total Rooms 10

Interior

Heating Other
Cooling Other
Flooring None
Appliances Water Heater
Fireplace None
Fireplaces 1
Basement Full
Laundry None
Features None

Exterior

Construction None
Architecture Colonial
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Garage Spaces 2
Has Garage Yes
Features Attached, Off Street, Paved
Total Spaces 6
Electric Other (see Remarks)
Water Public
Sewer Private Sewer
Gas None
Other None
Annual Tax $9,519
Assessed Value $715,700
Fee Includes None
Amenities None
Optional Fee Includes None
Lead Paint Unknown
Seller Disclosures Property Is Under Construction And Being Sold As-is In Its Current Condition. Buyer To Complete Construction. Proposed 6-bedroom, 4.5-bath Configuration Per Current Plans. Buyer And Buyer’s Agent To Perform All Due Diligence.
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Appraiser
Sq Ft Disclosures Living area per appraisal/plans; property currently under construction.
Documents None
County Middlesex

Property Overview

Property Type
Single Family Residence
Listing Type
For Sale
Year Built
1971
Bedrooms
6
Full Bathrooms
4
Half Bathrooms
1
Living Area
3,282 sq ft
Total Rooms
10

Floor Layout

Interior Features

Flooring:
Appliances: Water Heater
Interior Features:
Windows:
Basement: Full
Laundry:
Security:

Construction & Materials

Style: Colonial
Year Built: 1971
Structure Type:
Exterior Materials:
Roof: Shingle
Foundation: Concrete Perimeter

Heating, Cooling & Utilities

Heating: Other
Cooling: Other
Hot Water:
Water Source: Public
Sewer: Private Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Wooded, Sloped
Road Surface: Paved

Parking & Garage

Garage Spaces: 2
Garage Type: Attached
Total Parking Spaces: 6
Parking Features: Attached, Off Street, Paved

Special Features

Fireplaces: 1
Fireplace Type:
View: Yes
View Type: Scenic View(s)
Community Amenities: Shopping, Highway Access

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $793
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

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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.

Location

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Neighborhood

47 Riverside Dr, North Reading MA 01864

North Reading, MA 01864

Listing Information

Listing Agent Dominion Okeke
Listing Office Chinatti Realty Group, Inc.
Office Phone 978-320-3377
Agent MLS ID CN262227
Office MLS ID AN7396
Listing Data Updated Sep 18, 2026 4:54 PM EDT
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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