55 Chestnut St, North Reading MA 01864
North Reading, MA 01864
$800,000
Est. $5,042/month
Open House Schedule
02
Aug
Sunday, August 2
11:30 AM - 1:00 PM EDT
01
Aug
Saturday, August 1
11:30 AM - 1:00 PM EDT
About this home
Also listed as LAND in MLS# 73556232. Bring your renovation or development know-how and your vision! This 3-bedroom, 2-bath home sits on a generous 4.6-acre lot offering space, privacy, and potential. The home features a large eat-in kitchen and original hardwood flooring in several rooms, a primary bedroom and bath on the first floor, 2 bedrooms and an open loft area on the second floor, along with a 1.5-car garage and plenty of basement storage. This property is being offered as an excellent value-add opportunity in a town where space is at a premium. Don't miss this chance to create something special on one of the largest lots on the market today!
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Recently Sold Nearby
Property History
Property Timeline
Listed for Sale
Jul 29, 2026
$800,000
Original listing
Agent: Theresa Colarusso
Office: Coldwell Banker Realty - Andovers/Readings Regional
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 07/29/2026 | 🏠 Listed for Sale | $800,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $9,560 | $732,000 |
Financial Details
Annual Property Tax
$9,560
Tax Year 2025
Assessed Value
$732,000
Facts & Features
1 Car Garage
Home Facts
Type
Residential
Style
Single Family Residence
Year Built
1940
Living Area
2,324 sq ft
Lot Size
4.60 acres
Bedrooms
3
Full Baths
2
Total Rooms
7
Interior
Heating
Baseboard, Oil
Cooling
None
Flooring
Wood, Vinyl, Carpet
Appliances
Water Heater, Range, Dishwasher, Trash Compactor, Refrigerator
Fireplace
None
Basement
Full, Interior Entry, Garage Access
Laundry
Electric Dryer Hookup, Washer Hookup
Features
None
Exterior
Construction
Frame
Architecture
Cape
Roof
Shingle
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Garage Spaces
1
Has Garage
Yes
Features
Attached, Under, Paved Drive, Off Street
Total Spaces
5
Utilities
Electric
220 Volts
Water
Public
Sewer
Private Sewer
Gas
None
Other
For Electric Range, For Electric Oven, For Electric Dryer, Washer Hookup
Financial
Annual Tax
$9,560
Assessed Value
$732,000
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
House Is Being Sold In As-is Condition. Buyer Responsible For Title 5 And All Due Diligence. There Is An In-ground Pool On The Property That Has Not Been Used In Many Years.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
House Color
Light Gray
Sq Ft Source
Public Record
Sq Ft Disclosures
Living area pulled from public record.
Documents
None
County
Middlesex
Property Overview
Property Type
Single Family Residence
Listing Type
For Sale
Year Built
1940
Bedrooms
3
Full Bathrooms
2
Living Area
2,324 sq ft
Total Rooms
7
Floor Layout
Interactive room guide
Floor Layout
Finished Area
2,324 sq ft above grade
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Wood, Vinyl, Carpet
Appliances:
Water Heater, Range, Dishwasher, Trash Compactor, Refrigerator
Interior Features:
Windows:
Basement:
Full, Interior Entry, Garage Access
Laundry:
Electric Dryer Hookup, Washer Hookup
Security:
Construction & Materials
Style:
Cape
Year Built:
1940
Structure Type:
Exterior Materials:
Frame
Roof:
Shingle
Foundation:
Stone
Heating, Cooling & Utilities
Heating:
Baseboard, Oil
Heating Zones:
2
Cooling:
None
Hot Water:
Water Source:
Public
Sewer:
Private Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Wooded
Road Surface:
Parking & Garage
Garage Spaces:
1
Garage Type:
Attached
Total Parking Spaces:
5
Parking Features:
Attached, Under, Paved Drive, Off Street
Nearby Schools
School District
North Reading School District local
A
School Safety
2024-25
0.0%
Very Low (Safest)
0.4%
In-School
5.5% below state avg
Elementary Schools
2 schools
A+
L.D. Batchelder School
0.6 mi
|
#8 of 824
|
Score: 66.6
Improved 22 spots from last year
+8.4 above state avg
462 students
Less Diverse
Rising School
Strong Attendance
Grades K-05
A+
J. Turner Hood Elementary School
0.8 mi
|
#67 of 824
|
Score: 61.2
Improved 86 spots from last year
+3 above state avg
416 students
Moderate
Rising School
Strong Attendance
Grades PK-05
Middle Schools
1 school
A+
North Reading Middle School
1.0 mi
|
#34 of 352
|
Score: 59.6
Dropped 5 spots from last year
+1.3 above state avg
494 students
Less Diverse
Strong Attendance
Grades 06-08
High Schools
1 school
A+
North Reading High School
1.0 mi
|
#33 of 346
|
Score: 70.1
Dropped 6 spots from last year
+11.9 above state avg
652 students
Less Diverse
21 sports
• 1,615 athletes
Strong AP Program
High Graduation Rate
College Ready Curriculum
Strong Athletics
Grades 09-12
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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
$797
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
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Total interest paid
$0
Rate Impact
-0.5% Rate
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Current Rate
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Payment Over Time
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.
Location
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Neighborhood
55 Chestnut St, North Reading MA 01864
North Reading, MA 01864
Listing Information
Listing Agent
Theresa Colarusso
Listing Office
Coldwell Banker Realty - Andovers/Readings Regional
Office Phone
978-475-2201
Agent MLS ID
CN256040
Office MLS ID
AN8827
Listing Data Updated
Jul 29, 2026 9:28 AM EDT
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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