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70 Mt Vernon Street, Reading MA 01867

Reading, MA 01867
$665,000
Est. $4,300/month
6
Beds
3
Baths
2,664
Sq Ft
$250
Price/Sq Ft
0.24
Acres
1900
Year Built
30
Days on Market
Closed Listed Apr 18, 2022 • MLS# 72967836 Copied!

About this home

Opportunity knocks! Attention all contractors, investors and handy homeowners who are looking for a single family home with tremendous potential and upside! Bring your vision and design your dream home on an expansive parcel of land! The location can't be beat! This home, with over 2,600 sqft of living area, is ideally situated on a quiet street and walking distance to the beautiful new Reading Public Library, vibrant downtown center, neighborhood restaurants, cafes, coffee houses, shopping, public schools, Concerts on the Common and the commuter rail! Plus easy access to Rtes 93 and 95!

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Property Overview

Property Type
Single Family Residence
Listing Type
For Sale
Year Built
1900
Bedrooms
6
Full Bathrooms
3
Living Area
2,664 sq ft
Total Rooms
11

Sale Statistics

Sale Overview
Original List Price: $770,000
Final Sale Price: $665,000
Difference: $105,000 (-13.6%)
Performance Metrics
86.4%
List to Sale Ratio
Sold below asking price
30
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $289
Sale $/sq ft: $250
This property sold for $250 per square foot
Sale Summary

This property sold for 13.6% below the original asking price.

The property spent 30 days on market before selling.

Nearby Sales Comparison

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

This Property
$250/sq ft
Area Average
$463/sq ft
Difference
46.0%

This property sold below the area average, potentially representing good value for the buyer.

Facts & Features

Home Facts

Type Residential
Style Single Family Residence
Year Built 1900
Living Area 2,664 sq ft
Lot Size 0.24 acres
Bedrooms 6
Full Baths 3
Total Rooms 11

Interior

Heating Forced Air, Natural Gas
Cooling None
Flooring Tile, Carpet, Hardwood
Appliances Range, Dishwasher, Microwave, Refrigerator, Freezer, Washer, Dryer
Fireplace None
Fireplaces 1
Basement Full
Laundry None
Features None

Exterior

Construction Frame
Architecture Colonial
Roof Shingle
Features Deck, Pool - Above Ground, Storage, Fenced Yard
Pool Above Ground
Spa None
Fencing Fenced
Patio/Porch Deck

Parking

Features Paved Drive, Off Street, Paved
Total Spaces 3

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $8,854
Assessed Value $664,200

Interior Features

Flooring: Tile, Carpet, Hardwood
Appliances: Range, Dishwasher, Microwave, Refrigerator, Freezer, Washer, Dryer
Interior Features:
Windows:
Basement: Full
Laundry:
Security:

Construction & Materials

Style: Colonial
Year Built: 1900
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Stone, Brick/Mortar

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas
Cooling: None
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Deck, Pool - Above Ground, Storage, Fenced Yard
Patio & Porch: Deck
Fencing: Fenced
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 3
Parking Features: Paved Drive, Off Street, Paved

Special Features

Fireplaces: 1
Fireplace Type:
Pool: Private Pool
Pool Features: Above Ground
Community Amenities: Public Transportation, Shopping, Highway Access, House of Worship, Public School, T-Station

Location

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Neighborhood

70 Mt 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
A
Joshua Eaton School
0.7 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
RISE PreSchool
0.8 mi
116 students Moderate
Grades PK
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
1.6 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
1.0 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 $738
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

49.6%
Price Range
31
Total Days on Market
1
Previous Sales

Property Timeline

Previous Transaction - MLS #73203417
Full transaction history available when tracking began
🏷️
Previously Sold
Mar 22, 2024
$1,320,000
MLS #73203417
Sold
Jul 5, 2022
$665,000
Property sold
Days on Market: 31
🏠
Listed for Sale
Apr 18, 2022
$770,000
Original listing
Agent: Jennifer Schneider Office: Century 21 Elite Realty

Price & Status History

Date Event Price Change
Mar 22, 2024 Sold $1,320,000
Apr 18, 2022 New Listing Added $770,000

Market Statistics

Days on Market
30 days
Price per Sq Ft
$250

Tax History

Year Taxes Assessment
2022 $8,854 $664,200

Financial Details

Annual Property Tax
$8,854
Tax Year 2022
Assessed Value
$664,200

Listing Information

Listing Agent Jennifer Schneider
Listing Office Century 21 Elite Realty
Agent MLS ID B8000478
Office MLS ID B99191
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Comparable Properties

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Market Analytics for Reading, MA

Real-time market trends and pricing data for this area

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