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38 Lawrence Rd, Reading MA 01867

Reading, MA 01867
$250,000
Est. $1,874/month
3
Beds
1.5
Baths
1,536
Sq Ft
$163
Price/Sq Ft
0.23
Acres
1930
Year Built
10
Days on Market
Closed Listed Apr 28, 2011 • MLS# 71223699 Copied!

About this home

Located in convenient location near schools, parks, and Rt 28. Only a short ride to Rt. 93 and the commuter rail to Boston. Although this home needs TLC, updating, and maintenance, it sits nestled on quiet street among newer and updated homes. Features include a front foyer opening to living room and side entrance opens into a large heated mudroom with ample closets. Updated electric. Heated family room in basement. Good sized backyard. Home to be sold in "As Is" Condition.

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Property Overview

Property Type
Single Family Residence
Listing Type
For Sale
Year Built
1930
Bedrooms
3
Full Bathrooms
1
Half Bathrooms
1
Living Area
1,536 sq ft
Total Rooms
8

Sale Statistics

Sale Overview
Original List Price: $275,000
Final Sale Price: $250,000
Difference: $25,000 (-9.1%)
Performance Metrics
90.9%
List to Sale Ratio
Sold below asking price
10
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $179
Sale $/sq ft: $163
This property sold for $163 per square foot
Sale Summary

This property sold for 9.1% below the original asking price.

With only 10 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
$163/sq ft
Area Average
$517/sq ft
Difference
68.5%

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 1930
Living Area 1,536 sq ft
Lot Size 0.23 acres
Bedrooms 3
Full Baths 1
Half Baths 1
Total Rooms 8

Interior

Heating Baseboard, Oil
Cooling None
Flooring Wood
Appliances None
Fireplace Living Room
Fireplaces 1
Basement Full, Finished
Laundry In Basement, Washer Hookup
Features Closet, Entrance Foyer, Mud Room

Exterior

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

Parking

Features Paved Drive, Off Street
Total Spaces 4

Utilities

Electric None
Water Public, City/town Water
Sewer Public Sewer, City/town Sewer
Gas None
Other For Electric Range, Washer Hookup

Financial

Annual Tax $4,917
Assessed Value $357,600

Interior Features

Flooring: Wood
Appliances:
Interior Features: Closet, Entrance Foyer, Mud Room
Windows:
Basement: Full, Finished
Laundry: In Basement, Washer Hookup
Security:

Construction & Materials

Style: Cape
Year Built: 1930
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, City/Town Water
Sewer: Public Sewer, City/Town Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 4
Parking Features: Paved Drive, Off Street

Special Features

Fireplaces: 1
Fireplace Type: Living Room
Community Amenities: Tennis Court(s), Park, Public School

Location

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Neighborhood

38 Lawrence Rd, Reading MA 01867

Reading, MA 01867

Walkability

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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
RISE PreSchool
0.3 mi
116 students Moderate
Grades PK
A-
Birch Meadow School
0.5 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
0.8 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
M

Middle Schools

3 schools
A
Arthur W Coolidge Middle School
0.4 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
1.1 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
2.7 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
A
Reading Memorial High School
0.3 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
Austin Prep School
1.3 mi
Grades 06-12
Nazareth Academy
2.2 mi
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 $410
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.

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Recently Sold Nearby

Property History

Market Insights

46.8%
Price Range
11
Total Days on Market
1
Previous Sales

Property Timeline

Previous Transaction - MLS #71316379
Full transaction history available when tracking began
🏷️
Previously Sold
Jan 27, 2012
$470,000
MLS #71316379
Sold
May 31, 2011
$250,000
Property sold
Days on Market: 11
🏠
Listed for Sale
Apr 28, 2011
$275,000
Original listing
Office: Dooley and Mason Realty Group

Price & Status History

Date Event Price Change
Jan 27, 2012 Sold $470,000
Apr 28, 2011 New Listing Added $275,000

Market Statistics

Days on Market
10 days
Price per Sq Ft
$163

Tax History

Year Taxes Assessment
2011 $4,917 $357,600

Financial Details

Annual Property Tax
$4,917
Tax Year 2011
Assessed Value
$357,600

Listing Information

Agent MLS ID B0288463
Office MLS ID B95197
Listing Data Updated Jun 1, 2011 9:25 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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38 Lawrence Rd, Reading MA 01867 - Photo 1
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