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5 Washington St # C1, Reading MA 01867

Reading, MA 01867
$301,500
Est. $2,484/month
2
Beds
1
Baths
846
Sq Ft
$356
Price/Sq Ft
1971
Year Built
6
Days on Market
Closed Listed Oct 18, 2021 • MLS# 72909698 Copied!

About this home

The opportunity to afford your own home may be the reason that you are originally drawn to this condo but it will be the convenient location & accessibility to the commuter rail, highway, shops & restaurants that will make you want to call it home. The close proximity to Reading center and all it has to offer plus having the commuter rail station at your doorsteps make this condo one of the best deals on the market. The modern kitchen features plenty of cabinets, granite countertops and stainless steel appliances. The spacious living room has large sliders to a private balcony that help extend your living space. The open concept dining room is perfect for entertaining and the not 1 but 2 oversized pantry closets mean that storage is never an issue. An updated bathroom, newer windows and flooring help to complete this fabulous unit. This complex offers a great outdoor in-ground pool with picnic area and plenty of visitor parking. Parking space #25 Don't wait as this one won't last!

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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 (78.6% confidence) · Data as of Mar 8, 2026

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1971
Bedrooms
2
Full Bathrooms
1
Living Area
846 sq ft
Total Rooms
4
Stories
1
Entry Level
3

Sale Statistics

Sale Overview
Original List Price: $289,000
Final Sale Price: $301,500
Difference: +$12,500 (+4.3%)
Performance Metrics
104.3%
List to Sale Ratio
Sold above asking price
6
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $342
Sale $/sq ft: $356
This property sold for $356 per square foot
Sale Summary

This property sold for 4.3% above the original asking price, indicating strong buyer demand.

With only 6 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 846 sq ft
Bedrooms 2
Full Baths 1
Total Rooms 4

Interior

Heating Baseboard
Cooling Wall Unit(s)
Flooring None
Appliances Range, Dishwasher, Disposal, Refrigerator
Fireplace None
Basement N
Laundry In Building
Features None

Exterior

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

Parking

Features Off Street, Deeded
Total Spaces 1

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $3,320
Assessed Value $240,400

Interior Features

Flooring:
Appliances: Range, Dishwasher, Disposal, Refrigerator
Interior Features:
Windows:
Basement: N
Laundry: In Building
Security: Intercom

Construction & Materials

Year Built: 1971
Structure Type: Mid-Rise
Exterior Materials: Brick
Roof:
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Baseboard
Heating Zones: 1
Cooling: Wall Unit(s)
Cooling Zones: 2
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

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

Location

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Neighborhood

5 Washington St # C1, 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
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Principal, interest, taxes & insurance
Loan Amount
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After down payment
Total Interest
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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 $277
Homeowners Insurance $200
HOA Fee $483/mo
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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Current Rate
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+0.5% Rate
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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

4.1%
Price Range
7
Total Days on Market

Property Timeline

Sold
Nov 17, 2021
$301,500
Property sold
Days on Market: 7
🏠
Listed for Sale
Oct 18, 2021
$289,000
Original listing
Agent: McTague Realty Group Office: RE/MAX Andrew Realty Services

Price & Status History

Date Event Price Change
Oct 18, 2021 New Listing Added $289,000

Market Statistics

Days on Market
6 days
Price per Sq Ft
$356

Tax History

Year Taxes Assessment
2021 $3,320 $240,400

Financial Details

Annual Property Tax
$3,320
Tax Year 2021
HOA Fee
$483
Monthly
Assessed Value
$240,400

Listing Information

Listing Agent McTague Realty Group
Listing Office RE/MAX Andrew Realty Services
Agent MLS ID TM337327
Office MLS ID AC2354
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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