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5 Palomino Drive, North Reading MA 01864

North Reading, MA 01864 • Foxwood Estates/Olde Coach Road
$785,000
Est. $5,264/month
4
Beds
2.5
Baths
3,386
Sq Ft
$232
Price/Sq Ft
0.93
Acres
1998
Year Built
173
Days on Market
Closed Listed Jun 2, 2016 • MLS# 72016338 Copied!

About this home

ELEGANT, CUSTOM COLONIAL sits on a pretty CUL deSAC lot in a popular subdivision neighborhood! The impressive foyer welcomes you with a grand, curved BRIDAL STAIRCASE and custom designed hard wood/Carrera Marble floor. There is an OPEN CONCEPT, EXPANSIVE kitchen & family room, and formal LR and DR designed with entertaining in mind. 2nd floor has 4 generous bedrooms including Master Bedroom w/VAULTED TREY ceiling, two WALK-IN closets and a SPA-LIKE master bath. Special features include soaring 10’2” ceilings on 1st floor and 9’ ceilings on 2nd floor, 2 x 6 construction, Andersen windows & sliders, 2 fireplaces, detailed double moldings, fluted moldings, columns and built ins. Additional highlights include a finished LL playroom and a private back yard w/oversized deck, patio, & firepit. This home cannot be duplicated at this price and offers easy access to highways and is only 30 minutes from Boston!

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Property Overview

Property Type
Single Family Residence
Listing Type
For Sale
Year Built
1998
Bedrooms
4
Full Bathrooms
2
Half Bathrooms
1
Living Area
3,386 sq ft
Total Rooms
10

Sale Statistics

Sale Overview
Original List Price: $899,000
Final Sale Price: $785,000
Difference: $114,000 (-12.7%)
Performance Metrics
87.3%
List to Sale Ratio
Sold below asking price
173
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $266
Sale $/sq ft: $232
This property sold for $232 per square foot
Sale Summary

This property sold for 12.7% below the original asking price.

At 173 days on market, this property took longer than average to sell.

Facts & Features

2 Car Garage
Central AC

Home Facts

Type Residential
Style Single Family Residence
Year Built 1998
Living Area 3,386 sq ft
Lot Size 0.93 acres
Bedrooms 4
Full Baths 2
Half Baths 1
Total Rooms 10

Interior

Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Wood, Tile, Flooring - Hardwood, Flooring - Stone/ceramic Tile, Flooring - Marble
Appliances Gas Water Heater, Range, Microwave, Refrigerator, Vacuum System
Fireplace Family Room, Living Room
Fireplaces 2
Basement Full, Finished
Laundry Flooring - Stone/ceramic Tile, Second Floor
Features Closet/cabinets - Custom Built, Library, Play Room, Foyer, Media Room, Central Vacuum

Exterior

Construction Frame
Architecture Colonial
Roof Shingle
Features Deck, Patio, Rain Gutters, Storage, Professional Landscaping, Sprinkler System, Stone Wall
Pool None
Spa None
Fencing None
Patio/Porch Deck, Patio

Parking

Garage Spaces 2
Has Garage Yes
Features Under, Garage Door Opener, Off Street
Total Spaces 8

Utilities

Electric 200+ Amp Service
Water Public
Sewer Private Sewer
Gas None
Other None

Financial

Annual Tax $13,136
Assessed Value $800,500

Interior Features

Flooring: Wood, Tile, Flooring - Hardwood, Flooring - Stone/Ceramic Tile, Flooring - Marble
Appliances: Gas Water Heater, Range, Microwave, Refrigerator, Vacuum System
Interior Features: Closet/Cabinets - Custom Built, Library, Play Room, Foyer, Media Room, Central Vacuum
Windows:
Basement: Full, Finished
Laundry: Flooring - Stone/Ceramic Tile, Second Floor
Security: Security System

Construction & Materials

Style: Colonial
Year Built: 1998
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Concrete Perimeter

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas
Heating Zones: 3
Cooling: Central Air
Cooling Zones: 3
Hot Water:
Water Source: Public
Sewer: Private Sewer
Energy Features:

Exterior & Lot

Exterior Features: Deck, Patio, Rain Gutters, Storage, Professional Landscaping, Sprinkler System, Stone Wall
Patio & Porch: Deck, Patio
Fencing:
Other Structures:
Lot Features: Cul-De-Sac, Wooded
Road Surface:

Parking & Garage

Garage Spaces: 2
Garage Type: Attached
Total Parking Spaces: 8
Parking Features: Under, Garage Door Opener, Off Street

Special Features

Fireplaces: 2
Fireplace Type: Family Room, Living Room
Community Amenities: Walk/Jog Trails, Stable(s), Public School

Location

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Neighborhood

Foxwood Estates/Olde Coach Road

5 Palomino Drive, North Reading MA 01864

North Reading, MA 01864

Walkability

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Nearby Schools

School District
North Reading School District local
A
School Safety 2024-25
0.0% Very Low (Safest)
0.4% In-School
5.5% below state avg
E

Elementary Schools

2 schools
A+
L.D. Batchelder School
1.7 mi | #8 of 824 | Score: 66.6
Improved 22 spots from last year
+8.4 above state avg
462 students Less Diverse
Rising School Strong Attendance
Grades K-05
A+
J. Turner Hood Elementary School
2.7 mi | #67 of 824 | Score: 61.2
Improved 86 spots from last year
+3 above state avg
416 students Moderate
Rising School Strong Attendance
Grades PK-05
M

Middle Schools

1 school
A+
North Reading Middle School
1.6 mi | #34 of 352 | Score: 59.6
Dropped 5 spots from last year
+1.3 above state avg
494 students Less Diverse
Strong Attendance
Grades 06-08
H

High Schools

1 school
A+
North Reading High School
1.6 mi | #33 of 346 | Score: 70.1
Dropped 6 spots from last year
+11.9 above state avg
652 students Less Diverse
21 sports • 1,615 athletes
Strong AP Program High Graduation Rate College Ready Curriculum Strong Athletics
Grades 09-12
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Monthly Payment Calculator

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Over life of loan
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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 $1,095
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.

Property History

Market Insights

1.9%
Price Range
174
Total Days on Market

Property Timeline

Sold
Jan 24, 2017
$785,000
Property sold
Days on Market: 174
🏠
Listed for Sale
Jun 2, 2016
$799,900
Original listing
Agent: Lisa Santilli Office: Classified Realty Group

Price & Status History

Date Event Price Change
Apr 8, 2026 Sold $1,350,000
Jun 2, 2016 New Listing Added $799,900

Market Statistics

Days on Market
173 days
Price per Sq Ft
$232

Tax History

Year Taxes Assessment
2016 $13,136 $800,500

Financial Details

Annual Property Tax
$13,136
Tax Year 2016
Assessed Value
$800,500

Listing Information

Listing Agent Lisa Santilli
Listing Office Classified Realty Group
Agent MLS ID B8000051
Office MLS ID B95141
Listing Data Updated Jan 24, 2017 10:06 AM EST
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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