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55 Bay State Rd, Reading MA 01867

Reading, MA 01867
$350,000
Est. $2,394/month
3
Beds
1.5
Baths
1,178
Sq Ft
$297
Price/Sq Ft
0.16
Acres
1920
Year Built
7
Days on Market
Closed Listed Aug 29, 2018 • MLS# 72385828 Copied!

About this home

Great opportunity to get into Reading! Solid, well built home that has stood the test of time looking for its next owner! Conveniently located in a fabulous commuter location near MBTA trains and Rt. 128. All major components are currently in good working condition including 2 tiled bathrooms in excellent condition and pristine custom built cabinetry in the fully applianced kitchen. Updates include double pane replacement windows throughout, gas heat & town sewer.Gas boiler is not original. The exterior cedar shingles are in excellent condition but in need of paint and the roof is older. The "walk out" basement is full & unfinished offering good headroom and is "dry as a bone!". Large 24 x 24, lofted 2 car detached heated garage bult in 1982 perfect for hobbyist or tradesman. Nice, private, level fenced lot.

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Property Overview

Property Type
Single Family Residence
Listing Type
For Sale
Year Built
1920
Bedrooms
3
Full Bathrooms
1
Half Bathrooms
1
Living Area
1,178 sq ft
Total Rooms
6

Sale Statistics

Sale Overview
Original List Price: $379,900
Final Sale Price: $350,000
Difference: $29,900 (-7.9%)
Performance Metrics
92.1%
List to Sale Ratio
Sold below asking price
7
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $322
Sale $/sq ft: $297
This property sold for $297 per square foot
Sale Summary

This property sold for 7.9% below the original asking price.

With only 7 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

2 Car Garage

Home Facts

Type Residential
Style Single Family Residence
Year Built 1920
Living Area 1,178 sq ft
Lot Size 0.16 acres
Bedrooms 3
Full Baths 1
Half Baths 1
Total Rooms 6

Interior

Heating Baseboard, Natural Gas
Cooling None
Flooring Vinyl, Carpet, Parquet
Appliances Gas Water Heater, Range, Range Hood
Fireplace None
Basement Full, Walk-out Access, Interior Entry, Concrete
Laundry In Basement, Washer Hookup
Features None

Exterior

Construction Frame
Architecture Colonial
Roof Shingle
Features Covered Patio/deck, Rain Gutters, Storage, Fenced Yard
Pool None
Spa None
Fencing Fenced/enclosed, Fenced
Patio/Porch Covered

Parking

Garage Spaces 2
Has Garage Yes
Features Detached, Garage Door Opener, Heated Garage, Storage, Workshop In Garage, Garage Faces Side, Paved Drive, Off Street, Paved
Total Spaces 5

Utilities

Electric 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Gas Oven, Washer Hookup

Financial

Annual Tax $5,085
Assessed Value $366,600

Interior Features

Flooring: Vinyl, Carpet, Parquet
Appliances: Gas Water Heater, Range, Range Hood
Interior Features:
Windows: Insulated Windows
Basement: Full, Walk-Out Access, Interior Entry, Concrete
Laundry: In Basement, Washer Hookup
Security: Security System

Construction & Materials

Style: Colonial
Year Built: 1920
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Block

Heating, Cooling & Utilities

Heating: Baseboard, Natural Gas
Heating Zones: 1
Cooling: None
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Covered Patio/Deck, Rain Gutters, Storage, Fenced Yard
Patio & Porch: Covered
Fencing: Fenced/Enclosed, Fenced
Other Structures:
Lot Features: Level
Road Frontage: 75.00 ft
Road Surface: Paved

Parking & Garage

Garage Spaces: 2
Total Parking Spaces: 5
Parking Features: Detached, Garage Door Opener, Heated Garage, Storage, Workshop in Garage, Garage Faces Side, Paved Drive, Off Street, Paved

Location

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Neighborhood

55 Bay State Rd, 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

3 schools
A
Dolbeare School
1.0 mi | #153 of 824 | Score: 57.0
Improved 41 spots from last year
-1.2 below state avg
443 students Less Diverse
Rising School
Grades K-04
A
J. Warren Killam Elementary School
1.1 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+
Walton School
1.3 mi | #293 of 824 | Score: 51.0
Improved 131 spots from last year
-7.3 below state avg
218 students Less Diverse
Rising School
Grades K-04
M

Middle Schools

3 schools
A
Arthur W Coolidge Middle School
1.6 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
A
Walter S Parker Middle School
1.7 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
Lynnfield Middle School
1.8 mi | #58 of 352 | Score: 55.5
Improved 34 spots from last year
-2.7 below state avg
698 students Moderate
Rising School Strong Attendance
Grades 05-08
H

High Schools

3 schools
Nazareth Academy
0.9 mi
Grades 09-12
A
Reading Memorial High School
1.5 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
EMARC - Life Choices & Employment Services
1.7 mi
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
%
Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $424
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
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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

32.7%
Price Range
8
Total Days on Market
1
Previous Sales

Property Timeline

Previous Transaction - MLS #72582230
Full transaction history available when tracking began
🏷️
Previously Sold
Jan 16, 2020
$520,000
MLS #72582230
Sold
Oct 15, 2018
$350,000
Property sold
Days on Market: 8
🏠
Listed for Sale
Aug 29, 2018
$379,900
Original listing
Agent: Catherine Wilson Office: Wilson Wolfe Real Estate

Price & Status History

Date Event Price Change
Jan 16, 2020 Sold $520,000
Aug 29, 2018 New Listing Added $379,900

Market Statistics

Days on Market
7 days
Price per Sq Ft
$297

Tax History

Year Taxes Assessment
2018 $5,085 $366,600

Financial Details

Annual Property Tax
$5,085
Tax Year 2018
Assessed Value
$366,600

Listing Information

Listing Agent Catherine Wilson
Listing Office Wilson Wolfe Real Estate
Agent MLS ID B0346307
Office MLS ID B61601
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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