Dimensions11 x 21
LevelSecond
56 Locust Street, Reading MA 01867
Reading, MA 01867
$430,000
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Sale Statistics
Sale Overview
Original List Price:
$399,900
Final Sale Price:
$430,000
Difference:
+$30,100 (+7.5%)
Performance Metrics
107.5%
List to Sale Ratio
Sold above asking price
2
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft:
$160
Sale $/sq ft:
$172
This property sold for $172 per square foot
Sale Summary
This property sold for 7.5% above the original asking price, indicating strong buyer demand.
With only 2 days on market, this was a quick sale compared to typical market conditions.
Nearby Sales Comparison
Based on 11 similar properties sold within 0.5 miles in the last 90 days
This Property
$172/sq ft
Area Median
$409/sq ft
Difference
57.9%
This property sold below the area median, potentially representing good value for the buyer.
About this home
You will absolutely FLIP over this spacious and stately colonial in beautiful neighborhood, and on a gorgeous lot. Uniquely zoned (buyer to verify independently), this home offers a portion that is zoned commercial for in home business. Seller ran a beauty salon for years! 2 rooms ( the right side of the house) were added in the 70s, and never finished. The original 1920s home offers charming features, such as hardwood floors, inside wall fireplace, walk up attic, and more. The former salon will make a fantastic over sized family room. With minimal rearranging, this home will transform into what everybody is looking for...a four bedroom, 2.5 bath grand colonial, with a two car garage, on a beautiful lot, in a great neighborhood! Who could ask for more? Enthusiastic buyers, flippers, investors, and contractors should take note...this is a FANTASTIC OPPORTUNITY. Buyers with the fewest contingencies move to the head of the line! All offers will be presented Sun. 6/8 at 5pm.
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Public Records & Permits
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BMN Estimate
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Recently Sold Nearby
Property History
Market Insights
41.4%
Price Range
3
Total Days on Market
1
Previous Sales
Property Timeline
Previous Transaction - MLS #71848909
Full transaction history available when tracking began
Previously Sold
Nov 30, 2015
$682,500
MLS #71848909
Sold
Jan 8, 2015
$430,000
Property sold
Days on Market: 3
Listed for Sale
Jun 5, 2014
$399,900
Original listing
Agent: Rick Nazzaro
Office: Colonial Manor Realty
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 11/30/2015 | 🏷️ Previously Sold | $682,500 | - | - | MLS #71848909 |
| 01/08/2015 | ✓ Sold | $430,000 | - | - | Property sold |
| 06/05/2014 | 🏠 Listed for Sale | $399,900 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2014 | $6,095 | $413,500 |
Financial Details
Annual Property Tax
$6,095
Tax Year 2014
Assessed Value
$413,500
Facts & Features
2 Car Garage
Home Facts
Type
Residential
Style
Single Family Residence
Year Built
1920
Living Area
2,500 sq ft
Lot Size
0.35 acres
Bedrooms
4
Full Baths
1
Half Baths
2
Total Rooms
9
Interior
Heating
Forced Air, Oil
Cooling
None
Flooring
Hardwood
Appliances
Electric Water Heater
Fireplace
Living Room
Fireplaces
1
Basement
Full, Interior Entry, Bulkhead
Laundry
In Basement
Features
None
Exterior
Construction
Frame
Architecture
Colonial
Roof
Shingle
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Garage Spaces
2
Has Garage
Yes
Features
Detached, Paved Drive, Off Street
Total Spaces
10
Utilities
Electric
Circuit Breakers, 200+ Amp Service
Water
Public
Sewer
Private Sewer, Other
Gas
None
Other
None
Financial
Annual Tax
$6,095
Assessed Value
$413,500
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
Home Is Served By Private Sewage System. No Title V Done. Sold As Is...town Sewer In Street. Seller Has Made Great Effort And Strides To Clean Out House...buyer May Be Asked To Contend With Whats Left Behind.
Additional Details
Possession
None
Accepted Financing
Contract
Structure Type
[]
House Color
White
Sq Ft Source
Measured
Sq Ft Disclosures
Public Record shows 1752. Believed not including salon and unfinished rooms. Listed is guesstimate
Documents
None
County
Middlesex
Total market time (incl. prior listings)
3 days
Property Overview
Property Type
Single Family Residence
Listing Type
Sold
Year Built
1920
Bedrooms
4
Full Bathrooms
1
Half Bathrooms
2
Living Area
2,500 sq ft
Total Rooms
9
Floor Layout
Interactive room guide
Floor Layout
Dimensions11 x 8
FeaturesCloset
LevelSecond
Dimensions11 x 11
FeaturesFlooring - Hardwood
LevelSecond
FeaturesBathroom - Full
LevelSecond
Dimensions15 x 11
FeaturesCloset, Flooring - Hardwood
LevelSecond
FeaturesBathroom - Half
LevelFirst
Dimensions11 x 11
FeaturesFlooring - Hardwood
LevelFirst
Dimensions17 x 8
LevelFirst
FeaturesBathroom - Half
LevelFirst
Dimensions22 x 11
FeaturesFlooring - Hardwood
LevelFirst
Dimensions17 x 17
FeaturesExterior Access
LevelMain,First
FeaturesNo
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:
Hardwood
Appliances:
Electric Water Heater
Interior Features:
Windows:
Basement:
Full, Interior Entry, Bulkhead
Laundry:
In Basement
Security:
Construction & Materials
Style:
Colonial
Year Built:
1920
Structure Type:
Exterior Materials:
Frame
Roof:
Shingle
Foundation:
Block
Heating, Cooling & Utilities
Heating:
Forced Air, Oil
Heating Zones:
1
Cooling:
None
Hot Water:
Water Source:
Public
Sewer:
Private Sewer, Other
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Level
Road Surface:
Parking & Garage
Garage Spaces:
2
Total Parking Spaces:
10
Parking Features:
Detached, Paved Drive, Off Street
Special Features
Fireplaces:
1
Fireplace Type:
Living Room
Community Amenities:
Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Highway Access, Public School
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
Elementary Schools
6 schools
RISE PreSchool
0.4 mi
116 students
Moderate
Grades PK
A-
Birch Meadow School
0.7 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
1.1 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
Joshua Eaton School
1.1 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
J. Warren Killam Elementary School
1.2 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
1.7 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
Middle Schools
2 schools
A
Walter S Parker Middle School
0.6 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
0.6 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
High Schools
2 schools
Austin Prep School
1.1 mi
Grades 06-12
A
Reading Memorial High School
0.4 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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Location
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Neighborhood
56 Locust Street, Reading MA 01867
Reading, MA 01867
Listing Information
Listing Agent
Rick Nazzaro
Listing Office
Colonial Manor Realty
Office Phone
781-944-6300
Agent MLS ID
B0482541
Office MLS ID
B32911
Listing Data Updated
Jan 8, 2015 2:33 PM EST
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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