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52 Sanborn St # 403, Reading MA 01867

Reading, MA 01867
$390,000
Est. $2,563/month
1
Beds
2
Baths
950
Sq Ft
$411
Price/Sq Ft
1906
Year Built
38
Days on Market
Closed Listed Oct 8, 2020 • MLS# 72739797 Copied!

About this home

Conveniently located just of the elevator. Dramatic top floor one bedroom loft style unit at the Old Reading School House Condominium. It features all the amenities you would expect in a renovated school, gracious entry foyer, high ceilings, exposed brick and lots of charm. The unit, with its open floor plan, has been nicely appointed with white cabinets, quartz and granite counters and stainless steel appliances. The combined living and dining areas feature a bank of 8 skylights with nice views, exposed brick, wainscoting and industrial style ductwork. It is spectacular. A unique spiral staircase leads to an open loft style master bedroom. The unit also features 2 full bath and in unit laundry. All of this is closely located to the heart of Reading, convenient to its downtown, restaurants and the commuter rail. This one is truly a rare opportunity. Subject to the Seller closing on a specific property. Scheduled early December.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1906
Bedrooms
1
Full Bathrooms
2
Living Area
950 sq ft
Total Rooms
4
Stories
2
Entry Level
4

Sale Statistics

Sale Overview
Original List Price: $399,900
Final Sale Price: $390,000
Difference: $9,900 (-2.5%)
Performance Metrics
97.5%
List to Sale Ratio
Sold below asking price
38
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $421
Sale $/sq ft: $411
This property sold for $411 per square foot
Sale Summary

This property sold for 2.5% below the original asking price.

The property spent 38 days on market before selling.

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1906
Living Area 950 sq ft
Bedrooms 1
Full Baths 2
Total Rooms 4

Interior

Heating Heat Pump, Electric
Cooling Central Air
Flooring Tile, Carpet, Hardwood, Flooring - Hardwood
Appliances Range, Dishwasher, Refrigerator, Washer, Dryer
Fireplace None
Fireplaces 1
Basement Y
Laundry In Unit, Gas Dryer Hookup
Features Entrance Foyer

Exterior

Construction Brick
Architecture None
Roof Shingle
Features None
Pool None
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 Gas Range, For Gas Dryer

Financial

Annual Tax $717
Assessed Value $51,400

Interior Features

Flooring: Tile, Carpet, Hardwood, Flooring - Hardwood
Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
Interior Features: Entrance Foyer
Windows:
Basement: Y
Laundry: In Unit, Gas Dryer Hookup
Security: Intercom

Construction & Materials

Year Built: 1906
Effective Year (Renovated): 1993
Structure Type: Garden, Mid-Rise
Exterior Materials: Brick
Roof: Shingle
Foundation:
Stories: 2

Heating, Cooling & Utilities

Heating: Heat Pump, Electric
Heating Zones: 1
Cooling: Central Air
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

Special Features

Fireplaces: 1
Fireplace Type:
Community Amenities: Public Transportation, Highway Access

Location

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Neighborhood

52 Sanborn St # 403, 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
0.7 mi
116 students Moderate
Grades PK
A
Joshua Eaton School
0.9 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-
Birch Meadow School
0.9 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
Alice M Barrows School
1.0 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
J. Warren Killam Elementary School
1.3 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
0.5 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
0.9 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
1.2 mi
Grades 06-12
A
Reading Memorial High School
0.7 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 $60
Homeowners Insurance $200
HOA Fee $331/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

2.5%
Price Range
39
Total Days on Market

Property Timeline

Sold
Dec 17, 2020
$390,000
Property sold
Days on Market: 39
🏠
Listed for Sale
Oct 8, 2020
$399,900
Original listing
Agent: Michael Barrett Office: Barrett, Chris. J., REALTORS®

Price & Status History

Date Event Price Change
Oct 8, 2020 New Listing Added $399,900

Market Statistics

Days on Market
38 days
Price per Sq Ft
$411

Tax History

Year Taxes Assessment
2020 $717 $51,400

Financial Details

Annual Property Tax
$717
Tax Year 2020
HOA Fee
$331
Monthly
Assessed Value
$51,400

Listing Information

Listing Agent Michael Barrett
Listing Office Barrett, Chris. J., REALTORS®
Agent MLS ID CT000625
Office MLS ID B50201
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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