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51 Mount Vernon Street, Reading MA 01867

Reading, MA 01867
$432,200
Est. $2,868/month
3
Beds
1.5
Baths
1,482
Sq Ft
$292
Price/Sq Ft
0.16
Acres
1880
Year Built
5
Days on Market
Closed Listed Mar 29, 2018 • MLS# 72299666 Copied!

About this home

INVESTORS/CONTRACTORS! If the walls could talk, they would tell nostalgic stories of yesteryear, family gatherings in oversized living room and homemade cooking brewing on the stove.Time & neglect may have taken a toll, but this house is screaming to be brought back to life. This home does need substantial work, but the location cannot be beat and well worth the sweat and tears. High ceilings, spacious bedrooms, traditional layout, 2 car garage and a corner lot. Walking distance to Readings gorgeous new library, commuter rail, downtown shops and restaurants and concerts on the common.

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Property Overview

Property Type
Single Family Residence
Listing Type
For Sale
Year Built
1880
Bedrooms
3
Full Bathrooms
1
Half Bathrooms
1
Living Area
1,482 sq ft
Total Rooms
7

Sale Statistics

Sale Overview
Original List Price: $349,900
Final Sale Price: $432,200
Difference: +$82,300 (+23.5%)
Performance Metrics
123.5%
List to Sale Ratio
Sold above asking price
5
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $236
Sale $/sq ft: $292
This property sold for $292 per square foot
Sale Summary

This property sold for 23.5% above the original asking price, indicating strong buyer demand.

With only 5 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 3 similar properties sold within 0.5 miles in the last 90 days

This Property
$292/sq ft
Area Average
$463/sq ft
Difference
37.0%

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 1880
Living Area 1,482 sq ft
Lot Size 0.16 acres
Bedrooms 3
Full Baths 1
Half Baths 1
Total Rooms 7

Interior

Heating Baseboard, Oil
Cooling None
Flooring Hardwood
Appliances Water Heater, Range
Fireplace None
Basement Full
Laundry First Floor
Features Sun Room

Exterior

Construction Frame
Architecture Colonial
Roof Shingle
Features Porch
Pool None
Spa None
Fencing None
Patio/Porch Porch

Parking

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

Utilities

Electric Knob & Tube Wiring
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $5,786
Assessed Value $412,400

Interior Features

Flooring: Hardwood
Appliances: Water Heater, Range
Interior Features: Sun Room
Windows:
Basement: Full
Laundry: First Floor
Security:

Construction & Materials

Style: Colonial
Year Built: 1880
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Stone

Heating, Cooling & Utilities

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

Exterior & Lot

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

Parking & Garage

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

Location

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Neighborhood

51 Mount Vernon Street, 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
RISE PreSchool
0.8 mi
116 students Moderate
Grades PK
A
Joshua Eaton School
0.8 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
0.8 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
A-
Birch Meadow School
1.0 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
1.5 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
2.0 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
0.3 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
1.0 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
1.1 mi
Grades 06-12
A
Reading Memorial High School
0.8 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 $482
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
$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

53.3%
Price Range
7
Total Days on Market
1
Previous Sales

Property Timeline

Previous Transaction - MLS #72479419
Full transaction history available when tracking began
🏷️
Previously Sold
May 21, 2019
$750,000
MLS #72479419
Sold
Apr 30, 2018
$432,200
Property sold
Days on Market: 7
🏠
Listed for Sale
Mar 29, 2018
$349,900
Original listing
Agent: Chuha & Scouten Team Office: RE/MAX Leading Edge

Price & Status History

Date Event Price Change
May 21, 2019 Sold $750,000
Mar 29, 2018 New Listing Added $349,900

Market Statistics

Days on Market
5 days
Price per Sq Ft
$292

Tax History

Year Taxes Assessment
2017 $5,786 $412,400

Financial Details

Annual Property Tax
$5,786
Tax Year 2017
Assessed Value
$412,400

Listing Information

Listing Agent Chuha & Scouten Team
Listing Office RE/MAX Leading Edge
Agent MLS ID TEAM0335
Office MLS ID AN0156
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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