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5 Washington St # A3, Reading MA 01867

Reading, MA 01867
$117,000
Est. $1,151/month
1
Beds
1
Baths
377
Sq Ft
$310
Price/Sq Ft
1971
Year Built
13
Days on Market
Closed Listed Mar 10, 2018 • MLS# 72291823 Copied!

About this home

First floor 3 room studio perfect for any commuter; no need for a car! But there is a parking spot right outside the door where you can leave your car while you commute on either the commuter or the bus. This home layout can be configured anyway you want. Bedroom is large enough for bed and living area; with dining area or small den as you enter the unit. 2 good sized closets, one of which is quite deep. Move in right away or change out the carpet, linoleum and add a new coat of paint! Pantry style kitchen; plenty of storage; fridge being left as gift. Newer wall air conditioner with outside cover. Laundry on same floor. Very easy to show.

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Public Records

Current Owner

Owner VELAGIC ASHLEY
Mailing Address 7 WASHINGTON ST, READING, MA, 01867

Land Use

Use Code 101
Description Single Family
Zoning S15
Style OLD STYLE

Tax Information

Assessed Value $721,600
Tax Rate $12.38 per $1,000
Base Tax $8,933
CPA Surcharge 1.5% ($115)
Estimated Annual Tax $9,049

Assessment History

Year Land Building Total Change
FY2026 $467,900 $253,700 $721,600

Sale History

Date Price Book/Page
Oct 10, 2023 $700,000 82078/474

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 (82.1% confidence) · Data as of Mar 8, 2026

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1971
Bedrooms
1
Full Bathrooms
1
Living Area
377 sq ft
Total Rooms
3
Stories
3
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $114,900
Final Sale Price: $117,000
Difference: +$2,100 (+1.8%)
Performance Metrics
101.8%
List to Sale Ratio
Sold above asking price
13
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $305
Sale $/sq ft: $310
This property sold for $310 per square foot
Sale Summary

This property sold for 1.8% above the original asking price, indicating strong buyer demand.

With only 13 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1971
Living Area 377 sq ft
Bedrooms 1
Full Baths 1
Total Rooms 3

Interior

Heating Baseboard
Cooling Wall Unit(s)
Flooring Vinyl, Carpet
Appliances Range
Fireplace None
Basement Y
Laundry Common Area, In Building
Features None

Exterior

Construction Brick
Architecture None
Roof None
Features None
Pool Association, In Ground
Spa None
Fencing None
Patio/Porch None

Parking

Features Off Street, Assigned
Total Spaces 1

Utilities

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

Financial

Annual Tax $1,610
Assessed Value $116,100

Interior Features

Flooring: Vinyl, Carpet
Appliances: Range
Interior Features:
Windows:
Basement: Y
Laundry: Common Area, In Building
Security: Intercom

Construction & Materials

Year Built: 1971
Structure Type: Garden, Low-Rise
Exterior Materials: Brick
Roof:
Foundation:
Stories: 3

Heating, Cooling & Utilities

Heating: Baseboard
Cooling: Wall Unit(s)
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 1
Parking Features: Off Street, Assigned

Location

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Neighborhood

5 Washington St # A3, 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
A
Alice M Barrows School
0.7 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
0.9 mi
116 students Moderate
Grades PK
A-
Birch Meadow School
1.1 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
1.7 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
2.1 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
0.2 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
1.1 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
1.0 mi
Grades 06-12
A
Reading Memorial High School
0.9 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 $134
Homeowners Insurance $200
HOA Fee $225/mo
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

23.3%
Price Range
16
Total Days on Market
1
Previous Sales

Property Timeline

Previous Transaction - MLS #72637945
Full transaction history available when tracking began
🏷️
Previously Sold
May 29, 2020
$149,900
MLS #72637945
Sold
Apr 11, 2018
$117,000
Property sold
Days on Market: 16
🏠
Listed for Sale
Mar 10, 2018
$114,900
Original listing
Agent: Marygail Ranaldi Office: Mary Gail Realty

Price & Status History

Date Event Price Change
May 29, 2020 Sold $149,900
Mar 10, 2018 New Listing Added $114,900

Market Statistics

Days on Market
13 days
Price per Sq Ft
$310

Tax History

Year Taxes Assessment
2018 $1,610 $116,100

Financial Details

Annual Property Tax
$1,610
Tax Year 2018
HOA Fee
$225
Monthly
Assessed Value
$116,100

Listing Information

Listing Agent Marygail Ranaldi
Listing Office Mary Gail Realty
Agent MLS ID B0408767
Office MLS ID B96001
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

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