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8 Rachel Road, Reading MA 01867

Reading, MA 01867 • West Side
$475,000
Est. $3,162/month
3
Beds
1.5
Baths
1,774
Sq Ft
$268
Price/Sq Ft
0.27
Acres
1957
Year Built
32
Days on Market
Closed Listed Feb 19, 2016 • MLS# 71960827 Copied!

About this home

Everyone loves this West Side location! A cul de sac off Summer Ave with just a short walk to Joshua Eaton Elementary School and walking distance to town and transportation ,this over sized ranch (50x31) has fabulous potential. Enjoy the entertainment size large living room and dining room. Off the family size kitchen, relax in the heated sunroom with access to a deck and a private backyard. There are three spacious bedrooms; the master bedroom has an adjoining half bath. A full basement has great potential with a fireplace, high ceilings and it is plumbed for another bath, There is direct access to the garage from the basement. Special features include; hardwood floors, central a/c, updated windows, heat and hot water, low maintenance exterior. Expose the hardwood floors and remove the wall paper and immediately get rewarded A commuter's dream with access to both Rte 128 and 93 nearby. Call today for a private showing

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Public Records

Current Owner

Owner TAI PETER J
Mailing Address 8 RACHEL RD, READING, MA, 01867

Land Use

Use Code 101
Description Single Family
Zoning S15
Style RANCH

Tax Information

Assessed Value $928,800
Tax Rate $12.38 per $1,000
Base Tax $11,499
CPA Surcharge 1.5% ($154)
Estimated Annual Tax $11,652

Assessment History

Year Land Building Total Change
FY2026 $515,800 $413,000 $928,800

Sale History

Date Price Book/Page
Oct 20, 2016 $650,000 68242/448

Municipal Context: READING

Median Home Value $665,000
Avg SF Tax Bill $8,230
Residential Tax Rate $12.38/1000
CPA Surcharge 1.5%
County Middlesex
Match: geocode_proximity (89.5% confidence) · Data as of Mar 8, 2026

Property Overview

Property Type
Single Family Residence
Listing Type
For Sale
Year Built
1957
Bedrooms
3
Full Bathrooms
1
Half Bathrooms
1
Living Area
1,774 sq ft
Total Rooms
7

Sale Statistics

Sale Overview
Original List Price: $549,000
Final Sale Price: $475,000
Difference: $74,000 (-13.5%)
Performance Metrics
86.5%
List to Sale Ratio
Sold below asking price
32
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $309
Sale $/sq ft: $268
This property sold for $268 per square foot
Sale Summary

This property sold for 13.5% below the original asking price.

The property spent 32 days on market before selling.

Nearby Sales Comparison

Based on 2 similar properties sold within 0.5 miles in the last 90 days

This Property
$268/sq ft
Area Average
$541/sq ft
Difference
50.5%

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

Facts & Features

1 Car Garage
Central AC

Home Facts

Type Residential
Style Single Family Residence
Year Built 1957
Living Area 1,774 sq ft
Lot Size 0.27 acres
Bedrooms 3
Full Baths 1
Half Baths 1
Total Rooms 7

Interior

Heating Baseboard, Natural Gas
Cooling Central Air
Flooring Tile, Carpet, Hardwood
Appliances Gas Water Heater, Range, Dishwasher, Disposal, Washer, Dryer
Fireplace Living Room
Fireplaces 2
Basement Full, Garage Access, Bulkhead
Laundry In Basement, Gas Dryer Hookup, Washer Hookup
Features None

Exterior

Construction Frame
Architecture Ranch
Roof Shingle
Features Deck, Patio, Rain Gutters
Pool None
Spa None
Fencing None
Patio/Porch Deck, Patio

Parking

Garage Spaces 1
Has Garage Yes
Features Attached, Paved Drive, Off Street
Total Spaces 5

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Electric Oven, For Gas Dryer, Washer Hookup

Financial

Annual Tax $6,723
Assessed Value $463,699

Interior Features

Flooring: Tile, Carpet, Hardwood
Appliances: Gas Water Heater, Range, Dishwasher, Disposal, Washer, Dryer
Interior Features:
Windows: Insulated Windows
Basement: Full, Garage Access, Bulkhead
Laundry: In Basement, Gas Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Style: Ranch
Year Built: 1957
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Concrete Perimeter

Heating, Cooling & Utilities

Heating: Baseboard, Natural Gas
Cooling: Central Air
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Deck, Patio, Rain Gutters
Patio & Porch: Deck, Patio
Fencing:
Other Structures:
Lot Features:
Road Surface: Paved

Parking & Garage

Garage Spaces: 1
Garage Type: Attached
Total Parking Spaces: 5
Parking Features: Attached, Paved Drive, Off Street

Special Features

Fireplaces: 2
Fireplace Type: Living Room
Community Amenities: Public Transportation, Shopping, Tennis Court(s), Park, Medical Facility, Laundromat, Highway Access, Private School, Public School, T-Station

Location

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Neighborhood

West Side

8 Rachel Road, 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
0.2 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
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
RISE PreSchool
1.6 mi
116 students Moderate
Grades PK
A-
Birch Meadow School
1.8 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
2.2 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
2.8 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
0.8 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
1.8 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
1.6 mi
Grades 06-12
A
Reading Memorial High School
1.6 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

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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 $560
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

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Current 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

26.9%
Price Range
39
Total Days on Market
1
Previous Sales

Property Timeline

Previous Transaction - MLS #72058064
Full transaction history available when tracking began
🏷️
Previously Sold
Oct 20, 2016
$650,000
MLS #72058064
Sold
Apr 27, 2016
$475,000
Property sold
Days on Market: 39
🏠
Listed for Sale
Feb 19, 2016
$499,500
Original listing
Agent: Joyce N. Kiley Office: Boardwalk Real Estate

Price & Status History

Date Event Price Change
Oct 20, 2016 Sold $650,000
Feb 19, 2016 New Listing Added $499,500

Market Statistics

Days on Market
32 days
Price per Sq Ft
$268

Tax History

Year Taxes Assessment
2016 $6,723 $463,699

Financial Details

Annual Property Tax
$6,723
Tax Year 2016
Assessed Value
$463,699

Listing Information

Listing Agent Joyce N. Kiley
Listing Office Boardwalk Real Estate
Agent MLS ID B0303022
Office MLS ID B30601
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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