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5 Washington Street # B10, Reading MA 01867

Reading, MA 01867
$255,000
Est. $2,146/month
2
Beds
1
Baths
840
Sq Ft
$304
Price/Sq Ft
1971
Year Built
4
Days on Market
Closed Listed Apr 27, 2017 • MLS# 72154327 Copied!

About this home

Location, location, location! This well-maintained 2-bedroom condominium is a commuter's dream! Conveniently located steps from the Reading MBTA Commuter Rail Station, it's a hop, skip, and a jump to the shops and restaurants in and around Reading Center and less than one mile from both I-93 and I-95! It's the perfect time to own this bright and spacious unit. You'll close just in time to dine outside on your private balcony and relax by the inviting in-ground swimming pool! Step inside and you'll see the attractive open concept living and dining area ideal for entertaining. This home also boasts an oversized master bedroom with closet space galore. You'll be pleasantly surprised to discover there are generously-sized walk-in closets in BOTH bedrooms, too! A perfect fit for downsizers as well. Elevator accessible. One deeded parking space. Appliances included. Pet friendly. On-site laundry. Move in and enjoy easy living in desirable Reading!

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Public Records

Current Owner

Owner VELAGIC ASHLEY
Mailing Address 7 WASHINGTON ST, READING, MA, 01867

Land Use

Use Code 101
Description Single Family
Zoning S15
Style OLD STYLE

Tax Information

Assessed Value $721,600
Tax Rate $12.38 per $1,000
Base Tax $8,933
CPA Surcharge 1.5% ($115)
Estimated Annual Tax $9,049

Assessment History

Year Land Building Total Change
FY2026 $467,900 $253,700 $721,600

Sale History

Date Price Book/Page
Oct 10, 2023 $700,000 82078/474

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 (82.0% confidence) · Data as of Mar 8, 2026

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1971
Bedrooms
2
Full Bathrooms
1
Living Area
840 sq ft
Total Rooms
5
Stories
1
Entry Level
2
Main Level Bedrooms
2

Sale Statistics

Sale Overview
Original List Price: $239,999
Final Sale Price: $255,000
Difference: +$15,001 (+6.3%)
Performance Metrics
106.3%
List to Sale Ratio
Sold above asking price
4
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $286
Sale $/sq ft: $304
This property sold for $304 per square foot
Sale Summary

This property sold for 6.3% above the original asking price, indicating strong buyer demand.

With only 4 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1971
Living Area 840 sq ft
Bedrooms 2
Full Baths 1
Total Rooms 5

Interior

Heating Baseboard
Cooling Wall Unit(s)
Flooring Laminate
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Plumbed For Ice Maker
Fireplace None
Basement N
Laundry Common Area, In Building
Features None

Exterior

Construction Brick
Architecture None
Roof Rubber
Features Deck, Deck - Wood, Covered Patio/deck, Balcony, Professional Landscaping
Pool Association, In Ground
Spa None
Fencing Security
Patio/Porch Deck, Deck - Wood, Covered

Parking

Features Assigned, Deeded, Paved
Total Spaces 1

Utilities

Electric 220 Volts
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Oven, Icemaker Connection

Financial

Annual Tax $2,481
Assessed Value $176,800

Interior Features

Flooring: Laminate
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Plumbed For Ice Maker
Interior Features:
Windows: Insulated Windows
Basement: N
Laundry: Common Area, In Building
Security: Intercom

Construction & Materials

Year Built: 1971
Structure Type: Mid-Rise
Exterior Materials: Brick
Roof: Rubber
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Baseboard
Cooling: Wall Unit(s)
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Deck, Deck - Wood, Covered Patio/Deck, Balcony, Professional Landscaping
Patio & Porch: Deck, Deck - Wood, Covered
Fencing: Security
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 1
Parking Features: Assigned, Deeded, Paved

Location

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Neighborhood

5 Washington Street # B10, 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
0.7 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
0.9 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
1.7 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
2.1 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
0.2 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
1.1 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
0.9 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
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Principal, interest, taxes & insurance
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
%
Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $207
Homeowners Insurance $200
HOA Fee $450/mo
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

10.4%
Price Range
5
Total Days on Market
1
Previous Sales

Property Timeline

Previous Transaction - MLS #72450224
Full transaction history available when tracking began
🏷️
Previously Sold
Mar 14, 2019
$268,000
MLS #72450224
Sold
Jun 13, 2017
$255,000
Property sold
Days on Market: 5
🏠
Listed for Sale
Apr 27, 2017
$239,999
Original listing
Office: Joe Bean Real Estate

Price & Status History

Date Event Price Change
Mar 14, 2019 Sold $268,000
Apr 27, 2017 New Listing Added $239,999

Market Statistics

Days on Market
4 days
Price per Sq Ft
$304

Tax History

Year Taxes Assessment
2017 $2,481 $176,800

Financial Details

Annual Property Tax
$2,481
Tax Year 2017
HOA Fee
$450
Monthly
Assessed Value
$176,800

Listing Information

Listing Agent Katherine Johnson
Listing Office Joe Bean Real Estate
Agent MLS ID CN220849
Office MLS ID AN1010
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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